BOE Report

Archives for 2016

ONGA announces the appointment of Jamie Ellerton

TORONTO, March 21, 2016 /CNW/ - The Ontario Natural Gas Alliance (ONGA) is pleased to announce that it has appointed veteran public affairs practitioner Jamie Ellerton as primary spokesperson. Mr. Ellerton brings a wealth of public affairs and communications experience to the role, including past advocacy work on behalf of Canada's petroleum industry. Keith Boulton, Director of Public Affairs at Union Gas Limited, described the appointment of Mr. Ellerton as "an important step in the [Read more]

Enduro Royalty Trust Announces Monthly Cash Distribution

AUSTIN, Texas--(BUSINESS WIRE)--Enduro Royalty Trust (NYSE: NDRO) (the “Trust”) today announced a cash distribution to the holders of its units of beneficial interest of $0.009855 per unit, payable on April 14, 2016 to unitholders of record on March 31, 2016. The distribution primarily represents oil production during the month of December 2015 and natural gas production during November 2015. The following table displays underlying oil and [Read more]

Permian Basin Royalty Trust Announces March Cash Distribution

DALLAS, March 21, 2016 /PRNewswire/ -- Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.013045 per unit, payable on April 14, 2016, to unit holders of record on March 31, 2016. This month's distribution decreased slightly from the previous month due to a decrease in the pricing of both oil and gas on the Texas Royalty Properties, whereas the Waddell Ranch Properties were in deficit this month and [Read more]

North America Frac Sand, Inc. – Hires Meridian Ventures as its advisor for providing investor marketing services

CALGARY, Alberta, March 21, 2016 (GLOBE NEWSWIRE) -- North America Frac Sand Inc. (“NAFS” or the “Company”) (OTCQB:NAFS) (www.NAFSINC.ca) is pleased to announce the hiring of Meridian Ventures LLC as its advisor for providing investor marketing services. Meridian Ventures is a top provider of expert investor marketing services for companies trading on the OTC markets. Meridian has over 25 years of combined experience in assisting companies with smaller market caps reach the highest and most [Read more]

Hugoton Royalty Trust Declares No Cash Distribution For March

DALLAS, March 21, 2016 /PRNewswire/ -- Southwest Bank, as Trustee of the Hugoton Royalty Trust (NYSE: HGT) (the "Trust"), today reported that it will not declare a monthly cash distribution to the holders of its units of beneficial interest for the month of March 2016. The following table shows underlying gas sales and average prices attributable to the net overriding royalty for both the current month and prior month.  Underlying gas sales volumes attributable to the current month were [Read more]

Cross Timbers Royalty Trust Declares March Cash Distribution

DALLAS, March 21, 2016 /PRNewswire/ -- Southwest Bank, as Trustee of the Cross Timbers Royalty Trust (NYSE:CRT), today declared a cash distribution to the holders of its units of beneficial interest of $0.122753 per unit, payable on April 14, 2016, to unitholders of record on March 31, 2016. The following table shows underlying oil and gas sales and average prices attributable to the current month and prior month distributions. Underlying Sales Volumes Average Price Oil [Read more]

KBR to do engineering, design work for proposed Woodfibre LNG project in B.C.

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VANCOUVER - A Houston-based company has been selected to do engineering and design work for the proposed Woodfibre liquefied natural gas project north of Vancouver.KBR Inc. (NYSE:KBR) said Monday it will book the first phase of its work for the project as an order backlog for its engineering and construction segment.It didn't disclose the value of that work, which will be managed from KBR's Houston office.Federal Environment Minister Catherine McKenna announced Friday that an assessment done by [Read more]

Terra Energy Corp. Announces Shut-In of Production, Cessation of Operations and Resignation of Directors and Officers

CALGARY, ALBERTA--(Marketwired - March 21, 2016) - Terra Energy Corp. ("Terra" or the "Company") (TSX:TT) in furtherance of its announcement of March 18, 2016, that its lender, Canadian Western Bank (CWB), has made a demand on Terra, as debtor, and each of its Guarantors for payment in full of Terra's outstanding indebtedness plus accrued interest, costs and fees and that CWB provided Terra and each of its Guarantors with a Notice of Intention to Enforce Security under section 244(2) of the [Read more]

Penn West Petroleum to withdraw from one of its core areas, selling Slave Point

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CALGARY - Penn West Petroleum Ltd. (TSX:PWT) says it has negotiated the sale of an additional $230 million of assets, including a formerly core property in the Slave Point area of northern Alberta.The Slave Point transaction is worth $148 million. The sale of non-core assets will add a further $80 million in cash.Penn West says the sale of Slave Point will reduce its overall operating costs.It also expects to have room to develop and grow through its Cardium play south of Slave Point and its [Read more]

Fuel Additives Market to Reach US$ 11.09 Billion in 2023 – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 – 2023: TMR

ALBANY, New York, March 21, 2016 /PRNewswire/ -- Transparency Market Research has published a new report titled, "Fuel Additives Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2023." According to the report, the global fuel additives market was valued at US$ 5.41 Billion in 2014 and is expected to reach US$ 11.09 Billion by 2023, expanding at a CAGR of 8.3% between 2015 and 2023. Fuel additives are engineered to improve efficiency of fuels such as diesel, [Read more]