BOE Report

Connacher Reports Year-End 2018 Reserves

CALGARY, April 26, 2019 /CNW/ - Connacher Oil and Gas Limited ("Connacher" or the "Company") announces its year-end reserves as of December 31, 2018, as evaluated by GLJ Petroleum Consultants Ltd. ("GLJ"), independent qualified reserves evaluators. Proved producing reserves decreased by approximately 1.8 million barrels (gross) to 11.5 million barrels (gross). The net present value of future net revenue before income taxes (discounted at ten per cent) ("10% PV") of the proved producing [Read more]

Vermilion Energy Inc. Reports Voting Results of Election of Directors

CALGARY, April 26, 2019 /CNW/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX, NYSE: VET) is pleased to announce that at its annual meeting of shareholders held on April 25, 2019 each of the ten nominees were elected as directors of the Company. The detailed results of the vote by ballot are as follows: Name of Nominee Votes For Votes Withheld Number Percent (%) Number Percent (%) Lorenzo Donadeo [Read more]

Southern Energy Corp. Announces Strategic Asset Acquisition, $8.0 Million Bought Deal Equity Financing and Rights Offering

CALGARY, April 25, 2019 /CNW/ - Southern Energy Corp. ("Southern" or the "Company") (SOU: TSXV), a U.S.-focused growth-oriented oil and natural gas producer, is pleased to announce that its wholly-owned subsidiary, Southern Energy CMS, LLC, has entered into an agreement (the "Acquisition Agreement") with an arm's length private company to acquire assets in the State of Mississippi (the "Assets") for cash consideration of US$16.5 million ($22.0 million), subject to customary adjustments (the [Read more]

Vermilion Energy Inc. Announces Results for the Three Months Ended March 31, 2019

CALGARY, April 25, 2019 /CNW/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX, NYSE: VET) is pleased to report operating and condensed financial results for the three months ended March 31, 2019. The unaudited financial statements and management discussion and analysis for the three months ended March 31, 2019, will be available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com, on EDGAR at www.sec.gov/edgar.shtml, and on [Read more]

Clearview Resources Ltd. Reports Year End Results

CALGARY, April 25, 2019 /CNW/ - Clearview Resources Ltd. ("Clearview" or the "Company") is pleased to announce its financial and operational results and crude oil and natural gas reserves information for the nine months ended December 31, 2018. Change in Year End During the year, the Board of Directors approved changing the Company's fiscal year end from March 31 to December 31.  Consequently, this press release is a review of the financial position and results of operations of the Company [Read more]

Enbridge Announces Passing of Board Member Michael E.J. Phelps

CALGARY, April 25, 2019 /CNW/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge) announced that Michael E.J. Phelps, a member of its Board of Directors, passed away Saturday, April 20, 2019. "Michael was a valued member of the Board, colleague and friend, and we are deeply saddened by the news of his passing," said Al Monaco, Enbridge President and CEO. "On behalf of Enbridge and the entire team, we extend our deepest sympathies and condolences to Michael's family." A member of Enbridge's [Read more]

Hemisphere Energy Announces 2018 Fourth Quarter and Year-End Financial and Operating Results

TSX-V: HME - VANCOUVER, April 24, 2019 /CNW/ - Hemisphere Energy Corporation (TSX-V: HME) ("Hemisphere" or the "Company") is pleased to announce its financial and operating results for the fourth quarter and year ended December 31, 2018. During 2018, Hemisphere achieved record operational success with significant reserve, production, and revenue growth. The Company executed a $16.1 million capital expenditure program to drill 14 wells and expand both its Atlee Buffalo facilities. This [Read more]

Bonavista Energy Corporation Adopts an Amendment to its Incentive Award Plans

(TSX: BNP) CALGARY, April 23, 2019 /CNW/ - Bonavista Energy Corporation ("Bonavista") announces that it has approved an amendment to its Restricted Incentive Award Plan and Performance Incentive Award Plan (collectively, "the Plans") to reduce the aggregate number of common shares available to be issued under both the Plans to a rolling 5.4% of our outstanding common shares, including common shares issuable upon the exchange of exchangeable shares (the "Amendment") which meets the amount [Read more]

Enbridge Declares Quarterly Dividends

CALGARY, April 23, 2019 /CNW/ - The Board of Directors for Enbridge Inc. (TSX, NYSE: ENB) has declared a quarterly dividend of $0.73800 per common share, payable on June 1, 2019 to shareholders of record on May 15, 2019. The amount of the dividend is consistent with the March 1, 2019 dividend. The Board also declared the following quarterly dividends for Enbridge Inc. Preferred Shares. All dividends are payable on June 1, 2019 to shareholders of record on May 15, 2019. Common [Read more]

Surge Energy Inc. Announces $30 Million Convertible Debenture Financing

CALGARY, April 17, 2019 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) is pleased to announce that it has entered into a $30 million bought-deal financing (the "Convertible Debenture Financing") of five-year convertible unsecured subordinated debentures (the "Debentures") with a syndicate of underwriters (the "Underwriters") led by National Bank Financial Inc.. The Debentures will have a coupon of 6.75 percent per annum, and a conversion price of $2.25 per Surge common share [Read more]