BOE Report

Archives for 2016

Cimarex Energy Declares Quarterly Cash Dividend

DENVER, May 13, 2016 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) announced today that its Board of Directors has declared a quarterly cash dividend on its common stock of $0.08 per share.  The dividend is payable on September 1, 2016, to stockholders of record on August 15, 2016.  About Cimarex Energy Denver-based Cimarex Energy Co. is an independent oil and gas exploration and production company with principal operations in the Mid-Continent and Permian Basin areas of the U.S.   [Read more]

US rig count drops 9 this week to 406, another all-time low

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HOUSTON - The number of rigs exploring for oil and natural gas in the U.S. dropped by nine this week to 406, another all-time low amid depressed energy prices.A year ago, 888 rigs were active.Houston oilfield services company Baker Hughes Inc. said Friday 328 rigs sought oil and 86 explored for natural gas. One was listed as miscellaneous.Among major oil- and gas-producing states, Texas declined by seven rigs, Louisiana was down three and North Dakota, Oklahoma and Wyoming each fell by one.New [Read more]

Vermilion Energy Inc. Announces $0.215 CDN Cash Dividend For June 15, 2016 Payment Date

CALGARY, May 13, 2016 /CNW/ - Vermilion Energy Inc. ("Vermilion") (TSX, NYSE: VET) is pleased to announce a cash dividend of $0.215 CDN per share payable on  June 15, 2016 to all shareholders of record on May 24, 2016.  The ex-dividend date for this payment is May 20, 2016.  This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). Vermilion is an international energy producer that seeks to create value through the acquisition, exploration, development and [Read more]

Bellatrix Exploration Ltd. Announces First Quarter 2016 Financial and Operating Results

TSX, NYSE: BXE CALGARY, May 13, 2016 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE) announces its financial and operating results for the three months ended March 31, 2016.  This press release contains forward-looking statements.  Please refer to our cautionary language on forward-looking statements and the other matters set forth at the end of this press release and the beginning of the Management's Discussion and Analysis (the "MD&A") for the three [Read more]

Questerre focuses capital spending in 2016

CALGARY, May 12, 2016 /CNW/ - ""Questerre Energy Corporation ("Questerre" or the "Company") (TSX,OSE:QEC) reported today on its financial and operating results for the quarter ended March 31, 2016. Michael Binnion, President and Chief Executive Officer, commented, "We continue to manage our reduced capital program with the goal of maintaining reserves and preserving our liquidity. During the first quarter, we participated in drilling two (0.5 net) wells on our Kakwa joint venture acreage. All [Read more]

Chinook Energy Inc. Announces Approval of All Resolutions at 2016 Annual and Special Meeting

CALGARY, ALBERTA--(Marketwired - May 12, 2016) - Chinook Energy Inc. (TSX:CKE) ("Chinook") is pleased to announce the voting results from its annual and special meeting of shareholders held on May 12, 2016. A total of 161,023,474 common shares, representing approximately 74.77% of Chinook's issued and outstanding shares, were represented in person or by proxy at the meeting. The following nominees were elected as directors of Chinook for the ensuing year, with the specific voting [Read more]

Petrus Resources Ltd. Announces Results of Directors Vote

CALGARY, ALBERTA--(Marketwired - May 12, 2016) - Petrus Resources Ltd. ("Petrus") (TSX:PRQ) is pleased to announce that the nominees listed in Petrus' information circular and proxy statement dated April 1, 2016 were elected as directors of Petrus. The detailed results of the vote for the election of directors held at Petrus' annual meeting of shareholders today (the "Meeting") are set out below. On a vote by ballot, each of the following eight nominees proposed by management was elected [Read more]

Montreal-based Guardian columnist blames Alberta oil companies for Fort McMurray devastation

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In true far-left elitism style, Montreal-based Guardian 'environment writer' (according to his Twitter profile) Martin Lukacs blasted Alberta oil companies as what he called "The arsonists of Fort McMurray". In a column published in The Guardian, Lukacs asserts: Fossil fuel corporations are causing the climate change fuelling mega-fires – and they should be footing the bill for the devastation. The article describes oil sands (or as Lukacs prefers to call it 'tar sands') companies [Read more]

Anderson Energy Announces 2016 First Quarter Results

CALGARY, ALBERTA--(Marketwired - May 12, 2016) - Anderson Energy Inc. ("Anderson" or the "Company") (TSX:AXL) announces its operating and financial results for the first quarter ended March 31, 2016. The Company will be filing its unaudited condensed interim financial statements and management's discussion and analysis ("MD&A") for the three months ended March 31, 2016 on SEDAR today. Copies can be found under the Company's profile on www.sedar.com and on the Company's website at [Read more]

Enbridge Inc. Announces Election of Directors

CALGARY, ALBERTA--(Marketwired - May 12, 2016) - Enbridge Inc. (TSX:ENB)(NYSE:ENB) announced that the nominees listed in the management information circular dated March 8, 2016 were elected as directors of Enbridge Inc. The detailed results of the vote for the election of directors held at its Annual Meeting of Shareholders earlier today in Calgary are set out below. Election of Directors On a vote by ballot, each of the following 11 nominees proposed by management was elected [Read more]