BOE Report

2016 Indspire Awards Honour 14 Indigenous Achievers In Vancouver Tonight

14 Indigenous achievers to be honoured in gala at Queen Elizabeth Theatre VANCOUVER, Feb. 12, 2016 /CNW/ - Fourteen First Nation, Inuit, and Métis individuals from across the country will be honoured tonight at the 2016 Indspire Awards gala at the Queen Elizabeth Theatre in Vancouver. The ceremony, hosted by Evan Adams and Inez Point, will feature Indigenous talent from British Columbia, as well as from across the country, including the following: Murray Porter – Juno award-winning [Read more]

Minister Carr Hosts North American Energy Ministers Meeting

WINNIPEG, Feb. 12, 2016 /CNW/ - The Honourable Jim Carr, Canada's Minister of Natural Resources, welcomed Pedro Joaquín Coldwell, Mexico's Secretary of Energy, and Dr. Ernest Moniz, United States Secretary of Energy, to Winnipeg, where he hosted the North American Energy Ministers Meeting. The energy leaders discussed the importance of trilateral cooperation, as well as the way forward toward a continental approach to energy. During the meeting, the Ministers signed a Memorandum of [Read more]

NEB releases Canadian Energy Dynamics report, a retrospective of energy markets in 2015

CALGARY, Feb. 12, 2016 /CNW/ - Today, the National Energy Board (NEB) released Canadian Energy Dynamics: Highlights of 2015.  This report provides insight, statistics and regional descriptions that frame the key developments in Canada's energy markets in 2015. Dynamic changes in supply, demand, and infrastructure continually shape Canada's energy sector. 2015 saw a six-year low in crude oil prices, with West Texas Intermediate (WTI) ending the year around $35 per barrel. Natural gas prices [Read more]

Northern Blizzard Resources Inc. Announces Revised 2016 Capital Program & Guidance; Maintains Dividend

CALGARY, Feb. 12, 2016 /CNW/ - Northern Blizzard Resources Inc. ("Northern Blizzard" or the "Company") (TSX: NBZ) announces a revised capital program for 2016 in response to the continuing weakness in oil prices. The capital program has been reduced by 60% to $40 million, which maintains the Company's financial strength and results in estimated 2016 production of 19,000 boe/d. The monthly dividend remains at $0.04 per share. Northern Blizzard operates and controls 99% of its development [Read more]

Hemisphere Energy Grants Incentive Stock Options

VANCOUVER, Feb. 11, 2016 /CNW/ - Hemisphere Energy Corporation (TSX-V: HME) (the "Company") announces that it has granted incentive stock options to officers, directors, employees, and consultants of the Company, and a company performing investor relations services entitling them to purchase up to a total of 1,785,000 common shares at an exercise price of $0.08 each, pursuant to the Company's Stock Option Plan for a term of five years and subject to the receipt of the necessary regulatory [Read more]

Cenovus files 2015 year-end disclosure documents

CALGARY, Feb. 11, 2016 /CNW/ - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today filed its audited Consolidated Financial Statements for the year ended December 31, 2015, as well as related Management's Discussion and Analysis, with Canadian securities regulatory authorities.  Cenovus has also filed its Annual Information Form for the year ended December 31, 2015, which includes disclosure relating to reserves data and other oil and gas information. In addition, the company has filed its [Read more]

NEB Announces Public Hearing for Vaughan Mainline Expansion Project

 CALGARY, Feb. 11, 2016 /CNW/ - The National Energy Board (NEB) will hold a public hearing to consider the application from TransCanada PipeLines Limited (TransCanada) to construct and operate approximately 11.7 km of new natural gas pipeline in the City of Vaughan, Ontario. The Project will be integrated into TransCanada's existing mainline system and its recently NEB approved King's North Connection Pipeline. The NEB is committed to continual improvement of its hearing process. The [Read more]

PetroFrontier Corp. Provides Update

CALGARY, Feb. 11, 2016 /CNW/ - (TSX-V: PFC) – PetroFrontier Corp. ("PetroFrontier" or the "Corporation") announces that it has extended the term of its engagement with GMP Securities L.P. ("GMP") as the Corporation's exclusive financial advisor, for an additional six months. GMP will continue to assist the Corporation in identifying and evaluating a range of strategic alternatives, which could include a recapitalization of the Corporation, a merger or other business combination of the [Read more]

Black Swan Energy Announces Commissioning of 100% Owned & Operated Plant

CALGARY, Feb. 11, 2016 /CNW/ - Black Swan Energy Ltd. is pleased to announce the commissioning and start-up of the first of two phases at its new shallow cut gas processing facility in northeast British Columbia (NEBC). Highlights of the c-38-C Aitken Creek Gas Plant include: Plant initiated Q1 2015, with civil construction underway by July 2015 First gas to sales January 30, 2016 Facility is 100% owned and operated by Black Swan Liquids yield including field condensate is expected [Read more]

Cenovus finishes 2015 with strong balance sheet

 Additional budget reductions planned to preserve financial resilience CALGARY, Feb. 11, 2016 /CNW/ - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) achieved significant sustainable cost savings across its business in 2015 and further strengthened what is now one of the best balance sheets in the North American exploration and production sector. The company is planning additional measures in 2016 to help it remain financially resilient through another year of expected low crude oil and natural [Read more]