BOE Report

MATRRIX Announces Third Quarter 2015 Results

CALGARY, Nov. 19, 2015 /CNW/ - MATRRIX Energy Technologies Inc. ("MATRRIX" or the "Corporation") (TSX-V: MXX) announces financial results for the three and nine month periods ended September 30, 2015. (Expressed in Thousands of Canadian Dollars except for per share amounts and operational days) OVERALL HIGHLIGHTS For the three and nine months ended September 30, 2015, the Corporation experienced a significant decline in drilling and motor rental activity in both Canada and the US relative to [Read more]

TSX Venture Exchange Daily Bulletins

VANCOUVER, Nov. 19, 2015 /CNW/ - TSX VENTURE COMPANIES AMERICAN CREEK RESOURCES LTD. ("AMK")BULLETIN TYPE: Shares for DebtBULLETIN DATE: November 19, 2015TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing the Company's proposal to issue 10,050,000 Common Shares ("Shares") at a deemed price of $0.05 per Share to settle outstanding debt for $502,500 with two arm's length creditors. Number of Creditors:                           2 Creditors Insider / [Read more]

Sterling Resources Announces Third Quarter Operating and Financial Results

CALGARY, Nov. 19, 2015 /CNW/ - Sterling Resources Ltd. (TSX-V:SLG) ("Sterling" or the "Company") an international oil and gas company with exploration and development assets in the United Kingdom, France and the Netherlands, announces interim operating and financial results for the quarter ended September 30, 2015. Unless otherwise noted all figures contained in this report are denominated in US dollars. Financial Highlights For the third quarter of 2015 Breagh's operating netback(1) was [Read more]

Bennett Jones Lake Louise World Cup Business Forum: The Future of Energy

LAKE LOUISE, AB, Nov. 19, 2015 /CNW/ - Bennett Jones will once again host a remarkable group of business leaders and speakers at the Bennett Jones Lake Louise World Cup Business Forum from November 26-29 at Lake Louise, Alberta. Now in its thirteenth year, the Business Forum is one of the premier events of its kind in Canada. This year's focus is The Future of Energy: Innovation and Competitiveness. Keynote speakers include: David Dodge, Canada and International Economic Advisor, Bennett [Read more]

Is Alberta’s economic engine dead? New comprehensive report examines lessons from previous downturns and paints a pessimistic picture of Alberta’s economy

CALGARY, Nov. 19, 2015 /CNW/ - With layoffs and cutbacks in the oilpatch and the ripple effects spreading out through Canada's economy, it may seem as though the latest drop in oil prices could stall the economic engine in Alberta for a long time. The current oil rout is unlike the other three major ones (when the price of oil dropped more than 60 per cent) experienced in the last 30 years. The factors affecting the current oil price drop and its potential for rebound differ [Read more]

Pembina Pipeline Corporation Announces Closing of Bought Deal Financing and Exercise in Full of Over-Allotment Option for Gross Proceeds of $460 Million

All financial figures are in Canadian dollars. CALGARY, Nov. 19, 2015 /CNW/ - Pembina Pipeline Corporation ("Pembina" or the "Corporation") (TSX: PPL; NYSE: PBA) is pleased to announce that it has closed its previously announced bought deal offering of 15,335,250 common shares at a price of $30.00 per share through a syndicate of underwriters (the "Offering"), which includes 2,000,250 common shares issued at the same price on the exercise in full of the over-allotment option granted to [Read more]

Ironhorse Oil & Gas Inc. Recommends Rejection of Unsolicited Offer

CALGARY, Nov. 19, 2015 /CNW/ - Ironhorse Oil & Gas Inc. ("Ironhorse" or the "Company") (TSX-V:IOG), announces that its board of directors (the "Board") has unanimously recommended that Ironhorse shareholders REJECT the unsolicited offer from 1927297 Alberta Ltd. (the "Offeror"), a corporation wholly-owned by Timmerman Trust, commenced on November 4, 2015 to acquire the issued and outstanding common shares of Ironhorse ("Common Shares") at $0.17 per share in cash (the "Offer"). Reasons to [Read more]

Connacher Appoints Vice-President of Finance and Interim Chief Financial Officer

CALGARY, Nov. 18, 2015 /CNW/ - Connacher Oil and Gas Limited (CLC - TSX; "Connacher" or the "Company") today announced that Jeff Beeston has been appointed Vice-President of Finance and Interim Chief Financial Officer. Mr. Beeston is a Chartered Accountant with over 14 years of experience. Mr. Beeston has been Manager, Finance at Connacher since November 2010, overseeing activities relating to debt and equity capital markets, corporate planning and development, risk management, treasury and [Read more]

Union Gas Once Again Surpasses Fundraising Goal for United Way

$1,031,953 raised sets new milestone in 2015 CHATHAM, ON, Nov. 18, 2015 /CNW/ - Union Gas employees and retirees showed their support by surpassing last year's United Way campaign total and raising a record $1,031,953 in 2015. Announcing this record campaign total  at the company's head office in Chatham, Steve Baker, president, Union Gas acknowledged employees and volunteers for their generosity and hard work during this years United Way campaign, which incorporated the theme of [Read more]

MEDIA ADVISORY – Is Alberta's economic engine dead? New comprehensive report examines lessons from previous downturns and paints a pessimistic picture of Alberta's economy

CALGARY, Nov. 18, 2015 /CNW/ - Layoffs and cutbacks in the oilpatch and their ripple effects could stall the economic engine in Alberta for a long-time. Or maybe we'll see a price recovery next spring?  Who knows?  Is the past necessarily indicative of what is happening now? Can we predict the length and depth of the current oil price drop? Will a recovery be long and gradual, as it was after 1986, or that it will bounce back quickly, as it did after 2009? On Thursday, November 19th, The [Read more]