BOE Report

Whitecap announces results of the consolidation of strategic long life, low decline light oil assets at Boundary Lake, increased 2016 guidance and $95 million financing

CALGARY, Feb. 23, 2016 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") is pleased to announce that as a result of the encouraging results obtained from the consolidation of its working interest at Boundary Lake in northeast British Columbia it has increased its 2016 production guidance and has entered into a $95 million bought deal equity financing (the "Financing"). Whitecap's Boundary Lake asset which is currently under waterflood was originally acquired in May 2014 and [Read more]

Cequence Energy announces 2015 independent reserves evaluation

CALGARY, Feb. 23, 2016 /CNW/ - Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) is pleased to announce the results of its year-end reserve evaluation as prepared by its qualified independent reserve evaluator.  The audit of the Company's 2015 annual financial statements has not been completed.  Accordingly, all financial amounts relating to the 2015 financial statements referred to in this news release are unaudited and represent management's best estimates.  Readers are advised [Read more]

Suncor Energy Offer for Canadian Oil Sands expires

Canadian Oil Sands sets shareholder meeting to approve final acquisition transaction (All dollar amounts referenced are in Canadian dollars) CALGARY, Feb. 22, 2016 /CNW/ - Suncor announced today that its Offer for all of the common shares and accompanying rights of Canadian Oil Sands Limited ("COS") has expired and that a total of approximately 84.2 per cent of COS shares equating to approximately 408,097,416 common shares and accompanying rights have been tendered to Suncor's [Read more]

Madalena announces year end reserves and resources

CALGARY, Feb. 22, 2016 /CNW/ - Madalena Energy Inc. ("Madalena" or the "Company") (TSXV: MVN and OTCQX: MDLNF) is pleased to announce the results of its independent reserve reports as at December 31, 2015. On February 9, 2016, the Company announced the proposed sale of its non-core Canadian properties.  The reserves for the Canadian properties are included for reference but the majority of the discussion and analysis in this news release is focused on the Company's core business in Argentina, [Read more]

Release of the Joint Canada-Alberta Oil Sands Monitoring Three-Year External Review Report

EDMONTON, Feb. 22, 2016 /CNW/ - The external expert peer review panel tasked with reviewing the scientific rigour of environmental monitoring in the oil sands area found that good progress has been made since the Canada-Alberta Joint Oil Sands Monitoring plan (JOSM) was established in 2012. The panel, commissioned by Environment and Climate Change Canada (ECCC) and the Alberta Environmental Monitoring, Evaluating and Reporting Agency (AEMERA), delivered its final report to the organizations [Read more]

Enerplus Announces Strong 2015 Results; Low Cost Reserves Additions and Reduced 2016 Budget and Dividend

CALGARY, Feb. 19, 2016 /CNW/ - Enerplus Corporation ("Enerplus" or the "Company") (TSX: ERF) (NYSE: ERF) is pleased to announce its results for the fourth quarter of 2015 as well as full year 2015 operating, financial and reserves results.  Enerplus is also updating its capital budget and production forecast for 2016 and is reducing its monthly dividend. "Despite the commodity price headwinds in 2015, we delivered an exceptionally strong year of operational performance while maintaining our [Read more]

IT'S ON! Talk Energy Week 2016 examines Canada's energy future

OTTAWA, Feb. 18, 2016 /CNW/ - From February 20 to 27, the third annual Talk Energy Week will engage more Canadians than ever before in a national conversation about energy. This year, Talk Energy Week's Speaker's Series will engage Canadians from coast to coast, with talks taking place in every Canadian province and territory. Twenty-one schools will host talks, with over forty-five speakers representing all areas of Canada's energy sector. By inviting students to participate in [Read more]

Union Gas Declares Dividends

CHATHAM, ON, Feb. 18, 2016 /CNW/ - On February 18, 2016, Union Gas Limited declared the following quarterly dividends: 5½% Cumulative Redeemable Class A Preference Shares, Series A: A quarterly dividend of 68 cents per share payable on March 31, 2016 to shareholders of record at the close of business on March 11, 2016. 6% Cumulative Redeemable Class A Preference Shares, Series B: A quarterly dividend of 75 cents per share payable on March 31, 2016 to shareholders of record at the close of [Read more]

Alimentation Couche-Tard Issues NOK 675 Million of Senior Unsecured Notes

NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES ANDNOT FOR DISSEMINATION IN THE UNITED STATES LAVAL, QC, Feb. 18, 2016 /CNW Telbec/ - Alimentation Couche-Tard Inc. ("Couche-Tard") (TSX: ATD.A, ATD.B) announced today that it has issued NOK 675 million Norwegian Krone (approx. US$ 78.6 million) principal amount of 3.85% senior unsecured notes due 2026 (the "Notes"). The Notes are direct unsecured obligations of Couche-Tard and rank pari passu with all other outstanding unsecured and unsubordinated [Read more]

Enerplus Announces Cash Dividend for March 2016

CALGARY, Feb. 18, 2016 /CNW/ - Enerplus Corporation ("Enerplus") (TSX: ERF) (NYSE: ERF) announces that a cash dividend in the amount of CDN$0.03 per share will be payable on March 15, 2016 to all shareholders of record at the close of business on February 29, 2016. The ex-dividend date for this payment is February 25, 2016. The CDN$0.03 per share dividend is equivalent to approximately US$0.02 per share if converted using the current Canadian/US dollar exchange rate of 0.7308. The U.S. dollar [Read more]