BOE Report

Kelt increases planned 2015 capital expenditures in British Columbia, provides operations update and announces $78.8 million equity financings

Stock Symbol "KEL" – TSX CALGARY, June 15, 2015 /CNW/ - Kelt Exploration Ltd. ("Kelt" or the "Company") has expanded its capital expenditure budget to $497 million for 2015, up $40 million from $457 million. Excluding the corporate acquisition that was completed on April 16, 2015, forecasted capital expenditures have been increased by 23% from $150.0 million to $185.0 million. The increased spending is expected to result in the drilling of 18 gross (15.7 net) wells during the year, with the [Read more]

Surge Energy Inc. Confirms June 2015 Dividend

CALGARY, June 15, 2015 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on July 15, 2015 in respect of June 2015 production, for the shareholders of record on June 30, 2015 will be $0.025 per share.  The dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). Surge Energy Inc. is an oil-weighted production and development company with high quality, large oil in place, crude oil reservoirs.  Management is focused on [Read more]

Vermilion Energy Inc. Announces $0.215 Cdn Cash Dividend for July 15, 2015 Payment Date

CALGARY, June 12, 2015 /CNW/ - Vermilion Energy Inc. ("Vermilion") (TSX, NYSE: VET) is pleased to announce a cash dividend of $0.215 CDN per share payable on July 15, 2015 to all shareholders of record on June 22, 2015.  The ex-dividend date for this payment is June 18, 2015.  This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). Vermilion is an oil-leveraged producer that seeks to create value through the acquisition, exploration, development and optimization of [Read more]

Pacific NorthWest LNG Announces Final Investment Decision

VANCOUVER, June 11, 2015 /CNW/ - Pacific NorthWest LNG (PNW LNG) announced today that the required technical and commercial components of the project have been satisfied. Consequently, PNW LNG has resolved to move forward with a positive Final Investment Decision, subject to two conditions. The Final Investment Decision will be confirmed by the partners of PNW LNG once two outstanding foundational conditions have been resolved. The first condition is approval of the Project Development Agreement [Read more]

Pembina Pipeline Corporation Announces $600 Million Public Note Offering

CALGARY, June 11, 2015 /CNW/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL, NYSE: PBA) announced today that it has agreed to offer $600 million of senior unsecured medium-term notes (the "Offering"). The Offering will be conducted in two tranches consisting of $500 million in senior unsecured medium-term notes, series 6 (the "Series 6 Notes") having a fixed coupon of 4.24 percent per annum, paid semi-annually, and maturing on June 15, 2027, and $100 million principal [Read more]

Jereh Stages at Global Petroleum Show 2015 with 5 Pieces of Equipment Displayed

-- Innovation to Suit Customer the Best CALGARY, Alberta, June 11, 2015 /CNW/ -- Jereh Group (SZ 002353) announced its successful exhibition at the Global Petroleum Show 2015, in Calgary, Canada. Over 2,000 leading brands showcased technologies, products and services at the forefront of the industry, among which Jereh stood out, showing its overall strength with 5 high-end equipment displayed onsite and speaking a topic on China' Experience in Small-Mid Scale LNG Development. Also, many [Read more]

Foster Creek returns to normal operations after forest fire

CALGARY, June 11, 2015 /CNW/ - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has returned to normal operations at its Foster Creek oil sands project in northern Alberta after a forest fire on the Cold Lake Air Weapons Range (CLAWR) led to the precautionary shutdown of the operation on May 23 for 11 full days. "I'd like to commend everyone at Cenovus and externally who responded to the forest fire and helped keep our people and facilities safe," said John Brannan, Cenovus Executive Vice-President & [Read more]

CNOOC Limited Dongfang1-1 Gas Field Phase I Adjustment Project Commences Production

HONG KONG, June 11, 2015 /CNW/ -- CNOOC Limited (the "Company", NYSE: CEO, SEHK: 00883, TSX: CNU) today announced that the Dongfang1-1 gas field Phase I adjustment project has commenced production ahead of schedule. Logo - http://www.prnasia.com/sa/200701301659.jpg The Dongfang1-1 gas field is located in Yinggehai Basin of Beibu Gulf in the South China Sea with an average water depth of approximately 70 meters. In addition to fully utilize the existing facilities of Dongfang1-1, this adjustment [Read more]

Government of Canada Accepts Recommendation to Approve Natural Gas Pipeline Proposal

OTTAWA, June 10, 2015 /CNW/ - The Honourable Greg Rickford, Canada's Minister of Natural Resources, today announced the Government of Canada's decision to accept the National Energy Board's (NEB) recommendation to approve the North Montney Mainline Pipeline project, subject to 45 conditions. The North Montney Mainline Pipeline proposal was submitted by NOVA Gas Transmission Ltd. (NGTL) to the NEB for review in 2013. The $1.7-billion project will transport natural gas from northeastern British [Read more]

Keyera Announces June 2015 Dividend

CALGARY, June 10, 2015 /CNW/ - Keyera Corp. (TSX:KEY) ("Keyera") announced today a cash dividend for June 2015 of 11.5 cents per common share. The dividend will be payable on July 15, 2015, to shareholders of record on June 22, 2015. The ex-dividend date is June 18, 2015. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). For non-resident shareholders, Keyera's dividends are subject to Canadian withholding tax. About Keyera Corp. Keyera Corp. (TSX:KEY) [Read more]