(Source: Shutterstock.com)
Calgary, Alberta-based Enbridge said on Aug. 19 that more than 1.5 million of its outstanding Series 3 preferred shares were tendered for conversion into new preferred shares.
On a one-for-one basis, the Series 3 shares were tendered for conversion into Series 4 preferred shares, effective Sept. 1.
Enbridge will now have 22.49 million Series 3 shares and 1.5 million Series 4 shares issued and outstanding, Enbridge said.
The Series 3 shares will continue to be listed on the Toronto Stock Exchange (TSX) under the symbol ENB.PR.Y.
The Series 4 Shares will begin trading on the TSX on Sept. 3.
Recommended Reading
Continental, Antero, Other E&Ps Make Strides in Ground Game A&D
2024-08-08 - Operators have been hard at work on ground game dealmaking from the Permian to Appalachia through the first half of the year, according to reports by Continental Resources, Antero Resources, HighPeak Energy and others.
Marketed: Seven Falls Oil and Gas Non-operated CO2 Unit in Mississippi
2024-07-16 - Seven Falls Oil and Gas LLC has retained EnergyNet for the sale of a East Eucutta CO2 unit in Wayne County, Mississippi.
Marketed: Berlin Resources’ Anadarko Basin Opportunity
2024-07-22 - Berlin Resources has retained EnergyNet for the sale of an Anadarko Basin opportunity in the Montgomery 18/19 BO #1H, located in Ellis County, Oklahoma.
Marketed: Gungnir Resources 30 Permitted Wells in Wyoming
2024-07-30 - Gungnir Resources has retained EnergyNet for the sale of a non-producing interests plus 30 producing wells in Laramie and Platte counties, Wyoming.
Marketed: 30 MW Solar Project in Colorado
2024-08-22 - Solarstone Ltd. has retained EnergyNet for the sale of a late-stage development 30 megawatt (MW) solar PV and 60 MW/180 megawatt-hour battery energy storage system (BESS) project in Kit Carson County, Colorado.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.