BOE Report

Sunshine Oilsands Ltd. Announces Receipt of Work Permit for Mr. Hong Luo, Chief Executive Officer and Re-designation as Executive Director

CALGARY, Alberta and HONG KONG, July 16, 2015 /CNW/ -- The Board of Directors (the "Board") of Sunshine Oilsands Ltd. (the "Corporation" or "Sunshine") (HKEX: 2012, TSX: SUO) is pleased to announce that, further to the Corporation's announcement of December 14, 2014, Mr. Hong Luo, a Director of the Corporation, has now obtained all necessary immigration approvals to allow him to assume the functions and responsibilities of the CEO of the Corporation effective immediately.  Mr. Luo has also been [Read more]

Toro Oil & Gas Ltd. Announces Initial Closing of Production Volume Royalty Agreement with Source Rock Royalties Ltd.

Commences 2015 First Phase Drilling Program CALGARY, July 16, 2015 /CNW/ - Toro Oil & Gas Ltd. (TSXV: TOO) ("Toro" or the "Company") has closed  the previously announced binding production volume royalty ("PVR") to Source Rock Royalties Ltd. ("Source Rock") for gross proceeds of $8 million. The additional $4 million PVR with Source Rock is targeted to close on or around July 31, 2015, for total proceeds of $12 million. The total proceeds will be used to fund the Company's 2015 drilling program [Read more]

ARC Resources Ltd. Confirms August 17, 2015 Dividend Amount

CALGARY, July 16, 2015 /CNW/ - (ARX - TSX) ARC Resources Ltd. ("ARC") confirms that an eligible dividend of $0.10 per share will be paid on August 17, 2015 to shareholders of record on July 31, 2015.  The ex-dividend date is July 29, 2015.  As at July 16, 2015 the trailing twelve-month payments to investors, including the July 15, 2015 payment, total $1.20 per share.  ARC offers a Dividend Reinvestment Plan ("DRIP") and Stock Dividend Program ("SDP") as optional plans for its shareholders. [Read more]

NEB issues list of Aboriginal Intervenors for Energy East

CALGARY, July 16, 2015 /CNW/ - The National Energy Board (NEB) has issued the list of approved Aboriginal Intervenors in the Energy East project and has offered to begin collecting oral traditional evidence. "Aboriginal groups have an oral tradition for sharing stories, lessons and knowledge from generation to generation.  The NEB is committed to hearing from Aboriginal groups in a way that respects their values and traditions," says NEB Chair and CEO, Peter Watson. Collecting relevant [Read more]

Petromin Announces Acquisition of Gross Overiding Royalty

VANCOUVER, July 16, 2015 /CNW/ - Petromin Resources Ltd. ("Petromin" or the "Company") is pleased to announce that it has entered into an agreement with Aboriginal Financial Services Corporation ("AFSC"), to acquire and terminate AFSC's existing 1.5% gross overriding royalty interest (the "Acquisition") held on Petromin's Frog Lake property in East-Central Alberta. In consideration for the Acquisition, Petromin will issue 500,000 common shares of the Company to AFSC. Completion of the [Read more]

Journey Energy Inc. Confirms Monthly Dividend For July 2015

CALGARY, July 16, 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 August 17, 2015 to shareholders of record on July 31, 2015, with an ex-dividend date of July 29, 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]

Expiry of Guyana Acquisition

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS./ CALGARY, July 16, 2015 /CNW/ - Petro-Victory Energy Corp. ("Petro-Victory" or the "Company") (TSX-V: VRY) announces that, further to the Company's press release dated May 12, 2015, the acquisition of certain assets in Guyana (the "Guyana Acquisition") did not consummate prior to May 22, 2015, nor did the [Read more]

Ultra Petroleum Corp. To Webcast Second Quarter 2015 Results

HOUSTON, July 16, 2015 /CNW/ -- Ultra Petroleum Corp. (NYSE: UPL) announces the following Webcast to discuss its second quarter 2015 financial and operating results: What: Ultra Petroleum Corp. Second Quarter 2015 Results Webcast When: July 30, 2015 at 11:00 a.m. Eastern Daylight Time Where: http://www.ultrapetroleum.com How: Live over the internet via the website address above Contact: Sandi Kraemer, info@ultrapetroleum.com, 281-582-6613 If you are unable to [Read more]

Ivanhoe Energy Inc. Announces Acquisition Opportunity

CALGARY, July 16, 2015 /CNW/ - Pursuant to an order of the Court of Queen's Bench of Alberta (the "Court") made June 16, 2015, KPMG Inc. in its capacity as Court-appointed receiver (the "Receiver") of Ivanhoe Energy Inc. ("Ivanhoe" or the "Company"), is soliciting written proposals for the acquisition of the Company's assets and/or shares, in accordance with a sale and investor solicitation process approved by the Court on July 13, 2015, either en bloc or parts thereof. Primary assets offered [Read more]

Northern Blizzard Resources Inc. Announces July 2015 Dividend

CALGARY, July 15, 2015 /CNW/ - Northern Blizzard Resources Inc. ("Northern Blizzard") (TSX: NBZ) announced today a dividend of $0.08 per common share for July 2015. The dividend will be payable on August 17, 2015 to shareholders of record on July 31, 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]