BOE Report

Archives for 2016

Keyera Corp. Announces $300 Million Public Offering of Common Shares

CALGARY, ALBERTA--(Marketwired - May 16, 2016) - Keyera Corp. (TSX:KEY) ("Keyera") announced today that it has entered into a financing agreement with a syndicate of underwriters co-led by RBC Capital Markets and National Bank Financial Inc. under which Keyera will issue 8.25 million common shares ("Common Shares") on a "bought deal" basis at an issue price of $36.35 per Common Share for total gross proceeds of approximately $300 million. The net proceeds of the offering will initially be used [Read more]

Virginia Hills Oil Corp. Announces First Quarter of 2016 Results

TSX Venture Exchange: VHO - CALGARY, May 16, 2016 /CNW/ - Virginia Hills Oil Corp. ("Virginia Hills" or the "Company") announces its operating and financial results for the three months ended March 31, 2016 and that its unaudited interim consolidated financial statements and related Management's Discussion and Analysis ("MD&A") for the quarter ended March 31, 2016 are available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com or on the Company's website [Read more]

Traverse Energy Announces 2016 First Quarter Results

CALGARY, ALBERTA--(Marketwired - May 16, 2016) - Traverse Energy Ltd. ("Traverse" or "the Company") (TSX VENTURE:TVL) presents financial and operating results for the three months ended March 31, 2016. Three Months Ended Highlights (unaudited) March 31, 2016 December 31, 2015 March 31, 2015 Financial ($ thousands, except per share amounts) Petroleum and natural gas revenue 1,635 3,172 3,513 Cash flow from operating [Read more]

ARC Resources Ltd. Confirms June 15, 2016 Dividend Amount

CALGARY, May 16, 2016 /CNW/ - (ARX - TSX) ARC Resources Ltd. ("ARC") confirms that an eligible dividend of $0.05 per share will be paid on June 15, 2016 to shareholders of record on May 31, 2016. The ex-dividend date is May 27, 2016. As at May 16, 2016 the trailing twelve-month payments to investors, including the May 16, 2016 payment, total $1.05 per share. ARC offers a Dividend Reinvestment Plan ("DRIP") and Stock Dividend Program ("SDP") as optional plans for its shareholders. The DRIP [Read more]

ARC Resources Ltd. Confirms June 15, 2016 Dividend Amount

CALGARY, May 16, 2016 /CNW/ - (ARX - TSX) ARC Resources Ltd. ("ARC") confirms that an eligible dividend of $0.05 per share will be paid on June 15, 2016 to shareholders of record on May 31, 2016. The ex-dividend date is May 27, 2016. As at May 16, 2016 the trailing twelve-month payments to investors, including the May 16, 2016 payment, total $1.05 per share. ARC offers a Dividend Reinvestment Plan ("DRIP") and Stock Dividend Program ("SDP") as optional plans for its shareholders. The DRIP [Read more]

PrairieSky Royalty Declares May Dividend

CALGARY, ALBERTA--(Marketwired - May 16, 2016) - PrairieSky Royalty Ltd. ("PrairieSky") (TSX:PSK) announced today that its Board of Directors has declared a dividend of CDN $0.06 per common share, payable in cash on June 15, 2016 to shareholders of record on May 31, 2016. This dividend is designated as an "eligible dividend" for Canadian income tax purposes. About PrairieSky Royalty Ltd. PrairieSky is a royalty-focused company, generating royalty revenues as petroleum and natural [Read more]

Keyera Enters into Montney Area Midstream Agreements

CALGARY, May 16, 2016 /CNW/ - Keyera Corp. (TSX:KEY) ("Keyera") today announced that it has entered into agreements with a subsidiary of a large creditworthy multi-national producer for construction of a natural gas gathering and processing complex in the Wapiti area south of Grand Prairie, Alberta (the "Project"). Subject to final sanctioning, the Project is expected to include a sour gas processing plant with acid gas injection capabilities, condensate processing facilities, associated [Read more]

TORC Oil & Gas Ltd. Confirms Monthly Dividend for May 2016

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ CALGARY, May 16, 2016 /CNW/ - TORC Oil & Gas Ltd. ("TORC" or the "Company") (TSX:TOG) is pleased to confirm that a dividend of $0.02 per common share will be paid on June 15, 2016 to common shareholders of record on May 31, 2016. The ex-dividend date is May 27, 2016, with payment to be made in cash or common shares at the election of the shareholder. Any common shareholder choosing to receive [Read more]

Granite Oil Corp. Announces Monthly Dividend for May, 2016

CALGARY, ALBERTA--(Marketwired - May 16, 2016) - GRANITE OIL CORP. ("Granite") (TSX:GXO) (OTCQX:GXOCF) is pleased to announce that a dividend of $0.035 per common share will be paid in cash on June 15, 2016 to shareholders of record on May 31, 2016 with an ex-dividend date of May 27, 2016. This dividend has been designated as an "eligible dividend" for Canadian income tax purposes. Michael KabanukPresident & CEO(587) 349-9123Jonathan FlemingE.V.P.(587) 349-9118 [Read more]

Connacher Oil And Gas Limited Intends to File for CCAA Protection and Receives Commitments for up to US$20 Million of Financing

CALGARY, May 16, 2016 /CNW/ - Connacher Oil and Gas Limited (CLC – TSX; "Connacher" or the "Company") announces that it is initiating proceedings today at the Court of Queen's Bench of Alberta to seek creditor protection under the Companies' Creditors Arrangement Act ("CCAA"). As a result of, among other things, the current depressed prices for oil and Connacher's limited ability to access capital markets, and after careful consideration of all other available alternatives, the Special [Read more]