BOE Report

Production from Kearl expansion project begins ahead of schedule

All three froth trains operational; doubles overall Kearl production capacity Project captured efficiencies, lessons learned from initial development Incorporates technologies to significantly enhance environmental performance CALGARY, June 16, 2015 /CNW/ - Imperial today announced the successful startup of the Kearl oil sands expansion project, with all three froth trains operational. Production from the expansion project is expected to ultimately reach 110,000 barrels per day, bringing total [Read more]

Marquee Energy Announces Board of Directors Appointments and Summer Drilling Program

CALGARY, June 15, 2015 /CNW/ - Marquee Energy Ltd. ("Marquee" or the "Company") (TSXV: MQL) is pleased to announce the appointment of Mr. Glenn Carley as Chairman of the Board of Directors. Mr. Carley has served as a Director on Marquee's Board since December 2011. He also currently serves as Chairman of Painted Pony Petroleum Ltd. The Company is also pleased to announce the appointment of Mr. James Wilson to the Board of Directors effective immediately, subject to TSX Venture Exchange [Read more]

Northern Blizzard Resources Inc. Announces June 2015 Dividend

CALGARY, June 15, 2015 /CNW/ - Northern Blizzard Resources Inc. ("Northern Blizzard") (TSX: NBZ) announced today a dividend of $0.08 per common share for June 2015. The dividend will be payable on July 15, 2015 to shareholders of record on June 30, 2015. This dividend has been designated as an eligible dividend under the Income Tax Act (Canada). Northern Blizzard offers a Stock Dividend Program ("SDP") where shareholders may elect to receive their dividends in the form of common shares in lieu [Read more]

Whitecap Resources Inc. confirms monthly dividend for June of $0.0625 per share

CALGARY, June 15, 2015 /CNW/ - Whitecap Resources Inc. (TSX: WCP) is pleased to announce that a cash dividend of Cdn. $0.0625 per common share in respect of June operations will be paid on July 15, 2015 to shareholders of record on June 30, 2015. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). Whitecap Resources Inc. is a dividend paying, oil-weighted company focused on providing sustainable monthly dividends to its shareholders and per share growth through [Read more]

Environmental Assessment Decision – Shelburne Basin Venture Exploration Drilling Project

OTTAWA, June 15, 2015 /CNW/ - Canada's Environment Minister, the Honourable Leona Aglukkaq, announced today that the proposed Shelburne Basin Venture Exploration Drilling Project (the Project), located approximately 250 kilometres off the coast of Nova Scotia, is not likely to cause significant adverse environmental effects. In her environmental assessment decision statement, the Minister has set out legally binding conditions, which include mitigation measures and follow-up requirements that [Read more]

TORC Oil & Gas Ltd. Confirms Monthly Dividend for June 2015

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ CALGARY, June 15, 2015 /CNW/ - TORC Oil & Gas Ltd. ("TORC" or the "Company") (TSX:TOG) is pleased to confirm that a dividend of $0.045 per common share will be paid on July 15, 2015 to common shareholders of record on June 30, 2015. The ex-dividend date is June 26, 2015, with payment to be made in cash or common shares at the election of the shareholder. Any common shareholder choosing to receive [Read more]

TORC Oil & Gas Ltd. Announces Closing of Strategic Acquisition in Southeast Saskatchewan

CALGARY, June 15, 2015 /CNW/ - TORC Oil & Gas Ltd. ("TORC" or the "Company") (TSX:TOG) is pleased to announce the closing of the acquisition of complementary light oil producing assets in southeast Saskatchewan.  The strategic acquisition (the "Acquisition") includes 4,750 boepd (~98% light oil and liquids) of low decline, high netback, light oil producing assets in southeast Saskatchewan and Manitoba (the "Acquired Assets"). In addition, the Acquired Assets include ownership of freehold mineral [Read more]

Surge Energy Inc. announces successful closing of strategic C$430 million asset sale; and determination of new bank line.

CALGARY, June 15, 2015 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) announces that the Company has successfully closed its previously announced $430 million sale of assets in SE Saskatchewan and Manitoba. Surge also had its bank line confirmed by the Company's bank syndicate at $425 million – post the sale of assets described above – with current net debt of approximately $122 million. In the higher crude oil price environment from May, 2013 to October, 2014, Surge management [Read more]

Journey Energy Inc. Confirms Monthly Dividend For June 2015

CALGARY, June 15, 2015 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") confirms that a dividend of $0.025 per common and restricted voting share will be paid on July 15, 2015 to shareholders of record on June 30, 2015, with an ex-dividend date of June 26, 2015. This dividend has been designated as an "eligible dividend" for Canadian income tax purposes. The Board of Directors has declared the dividend payable in either cash or common shares at the election of the [Read more]

Twin Butte Energy Confirms June Dividend Payment

CALGARY, June 15, 2015 /CNW/ - Twin Butte Energy Ltd. (TSX:TBE) ("Twin Butte") confirms that its cash dividend in respect of June 2015 production will be $0.01 per share. The eligible dividend will be paid on July 15, 2015 to shareholders of record on June 30, 2015. The ex-dividend date is June 26, 2015. These dividends are designated as "eligible dividends" for Canadian income tax purposes. About Twin Butte: Twin Butte Energy Ltd. is a dividend paying value oriented intermediate producer with a [Read more]