BOE Report

Athabasca Oil Corporation Announces Executive Changes and Cost Initiatives Update

CALGARY, March 17, 2015 /CNW/ - Athabasca Oil Corporation (TSX: ATH) ("Athabasca" or the "Company") announces the separation of the Chair of the Board and Chief Executive Officer ("CEO") role effective April 20, 2015.  Additionally, in conjunction with the strategic initiatives outlined in the fall the Company has now also concluded a thorough review and realignment of its corporate cost structure. Executive Changes On October 1, 2014 Mr. Buchanan, Board Chair, was appointed President and [Read more]

Nexen Energy ULC announces organizational changes in response to industry downturn

CALGARY, March 17, 2015 /CNW/ - Nexen Energy ULC (Nexen), a wholly owned subsidiary of CNOOC Limited, has announced organizational changes that will reduce its North American workforce by approximately 350 employees. Nexen UK has also initiated a consultation process to adjust its staffing levels by approximately 50 employees. "In response to the recent industry downturn that has affected all companies in the energy sector, a decision was made to conduct a thorough review of our organization [Read more]

Former Ontario Energy Board COO Aleck Dadson joins StrategyCorp Inc.

Sector Expert to lead Energy and Utilities Group at the multi-disciplinary consulting firm TORONTO, March. 17, 2015 /CNW/ - StrategyCorp Inc. is pleased to announce that former Ontario Energy Board (OEB) Chief Operating Officer, Aleck Dadson, has joined the consulting firm to lead their Energy and Utilities Group. Dadson brings considerable knowledge of the regulatory and public policy environment as well as an accomplished background in the Canadian and global energy sectors. Dadson joins [Read more]

Couche-Tard Signs Agreement to Buy Shell's Retail, Commercial Fuels and Aviation businesses in Denmark

LAVAL, QC, March 17, 2015 /CNW Telbec/ - Alimentation Couche-Tard Inc. ("Couche-Tard") (TSX: ATD.A ATD.B) announces today that it has signed, through its wholly-owned indirect Danish subsidiary Statoil Fuel & Retail A/S, an agreement with A/S Dansk Shell to acquire its Retail, Commercial Fuels and Aviation businesses in Denmark. Pending the customary regulatory approvals and closing conditions, the transaction is expected to close in the second half of Couche-Tard's fiscal year 2016. The [Read more]

InterOil announces positive 2014 results

SINGAPORE and PORT MORESBY, Papua New Guinea, March 17, 2015 /CNW/ -- InterOil Corporation (NYSE: IOC; POMSoX: IOC) announced its financial results for the fourth quarter and full year ending December 31, 2014. The company is well placed for development of the Elk-Antelope gas field in Papua New Guinea, potentially the lowest cost new-build LNG project in the world. In addition, the company has identified five targets, outside of Elk-Antelope, with a potential of 17 trillion cubic feet of gas [Read more]

Journey Energy Inc. reports its 2014 financial results

CALGARY, March 16, 2015 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") is pleased to announce its 2014 financial results. The highlights of our fourth quarter and full year results are shown below. HIGHLIGHTS In 2014, Journey completed a significant acquisition, increasing production and capital project inventory while reducing our corporate decline rate, and transitioned to a public dividend paying exploration and production company through an initial public [Read more]

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

CALGARY, March 16, 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 March operations will be paid on April 15, 2015 to shareholders of record on March 31, 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 [Read more]

Athabasca Oil Corporation Announces Director Resignation

CALGARY, March 16, 2015 /CNW/ - Athabasca Oil Corporation (TSX: ATH) ("Athabasca" or the "Company") announces that Sveinung Svarte has tendered his resignation from the Board of Directors effective March 16, 2015. The Company and its Board thanks Mr. Svarte for his valuable contributions and wish him well in his future endeavours. About Athabasca Oil Corporation Athabasca Oil Corporation is a Canadian energy company with a focused strategy on the development of thermal and light oil [Read more]

ARC Resources Ltd. Confirms April 15, 2015 Dividend Amount

CALGARY, March 16, 2015 /CNW/ - (ARX - TSX) ARC Resources Ltd. ("ARC") confirms that a dividend of $0.10 per share designated as an eligible dividend will be paid on April 15, 2015 to shareholders of record on March 31, 2015.  The ex-dividend date is March 27, 2015.  As at March 16, 2015 the trailing twelve-month payments to investors, including the April 16, 2015 payment, total $1.20 per share.  ARC offers a Dividend Reinvestment Plan ("DRIP") and Stock Dividend Program ("SDP") as optional [Read more]

Toscana Energy Confirms March Dividend

CALGARY, March 16, 2015 /CNW/ - Toscana Energy Income Corporation ("Toscana Energy" or the "Company") (TSX: TEI) confirms the cash dividend of $0.135 per common share (or the equivalent of $0.405 per common share on a quarterly basis) of the Company ("Common Share") to be paid on April 15, 2015 in respect of March 2015 production of the Company for shareholders of record on March 31, 2015.  The ex-dividend date is March 27, 2015.  Once paid, total cash dividends distributed by the Company to [Read more]