BOE Report

Mountainview Energy Ltd. Announces Credit Facility Maturity and New Term Negotiations

CUT BANK, MT, July 7, 2015 /CNW/ - Mountainview Energy, Ltd. ("Mountainview" or the "Company") (TSX-V: MVW) announces the Credit Facility issued to a wholly owned subsidiary of Mountainview, Mountain Divide, LLC, with outstanding principal in the amount of $49,000,000 has matured and remains unpaid as of July 1, 2015. Mountainview has previously disclosed certain Credit Facility covenant breaches and default events in its year end 2014 and first quarter 2015 financial statements. Although the [Read more]

Couche-Tard will release its 2015 fourth quarter results on July 14th

LAVAL, QC, July 7, 2015 /CNW Telbec/ - Alimentation Couche-Tard Inc. (TSX: ATD.A ATD.B), will be issuing on July 14, 2015 the financial results for its fourth quarter of 2015. Therefore, Couche-Tard invites analysts known to the Corporation to send their two questions to its management before 11:00 AM (EDT) on July 14, 2015. Financial analysts and investors who wish to listen to the webcast on Couche-Tard's results which will take place online on July 14, 2015 at 3:00 P.M. (EDT) can do so by [Read more]

Minister Rickford and Minister Margaret McCuaig-Boyd, participate in first official meeting

OTTAWA, July 6, 2015 /CNW/ - The Honourable Greg Rickford, Canada's Minister of Natural Resources, and the Honourable Margaret McCuaig-Boyd, Alberta's Minister of Energy, today participated in their first official bilateral meeting in Calgary, where they discussed issues of importance to Albertans and all Canadians, including job creation, economic growth and long-term prosperity. [Read more]

Horizon Capital calls upon all Americas Petrogas shareholders to vote against the proposed transaction with Tecpetrol

PANAMA CITY, Republic of Panama, July 6, 2015 /CNW/ - Horizon Capital Management Inc. ("Horizon") issued today a public statement calling upon all shareholders of Americas Petrogas Inc. ("Americas Petrogas" or the "Company") (TSXV: BOE) to VOTE AGAINST the special resolution (the "Transaction Resolution") at the annual and special meeting of the Company currently scheduled to take place on July 29, 2015 (the "Meeting"), that would approve the sale by the Company of all of the outstanding common [Read more]

GE Capital, Canada and Gaz Métro Join Forces to Accelerate Trucking Industry's Move to Natural Gas

MONTREAL, July 6, 2015 /CNW/ - GE Capital, Canada and Gaz Métro Transport Solutions (GMTS), a subsidiary of Gaz Métro, announced today the signing of a strategic agreement that will facilitate the trucking industry's adoption of natural gas as a fuel in Eastern Canada. GE Capital has been providing wholesale and retail financing to the country's commercial trucking sector for 35 years. Since its creation in 2010, GMTS has become a leader in the alternative fuels space in Quebec, both for the [Read more]

LGX Oil + Gas Inc. announces operations and corporate updates

CALGARY, July 6, 2015 /CNW/ - LGX Oil + Gas Inc. ("LGX" or the "Company") (TSXV: OIL) is pleased to provide an update of the Banff completion results from the 6-36-8-24 W4M well and various corporate developments. As previously announced, the Banff Formation was completed with a 6 m perforated interval in the build section of the intermediate casing of the 6-36 well and stimulated with a small volume acid job.  Pump and rods have been run in the well and the well is currently producing at [Read more]

Northern Blizzard Resources Inc. Announces Operational Update

CALGARY, July 6, 2015 /CNW/ - Northern Blizzard Resources Inc. ("Northern Blizzard" or the "Company") (TSX: NBZ) announces an operational update. Production for the second quarter of 2015 was approximately 21,600 boe/d as compared to 22,469 boe/d in the first quarter of the year. Production for the first half of 2015 was approximately 22,030 boe/d. Operating costs for the second quarter of 2015 were approximately $17.40 per boe. Operating costs were approximately $16.80 per boe for the first six [Read more]

Canada and India Highlight Growing Energy Relationship

CALGARY, July 5, 2015 /CNW/ - The Honourable Greg Rickford, Canada's Minister of Natural Resources, and Shri Dharmendra Pradhan, India's Minister of State (Independent Charge) Petroleum and Natural Gas, today met in Calgary, Alberta, Canada, for the 2nd India-Canada Ministerial Energy Dialogue to discuss enhancing energy cooperation between the two countries in the areas of oil, natural gas,  clean energy, power transmission and skill development. They highlighted Canada and India's growing [Read more]

SilverWillow Energy Corporation Announces Acquisition By Value Creation Inc.

CALGARY, July 2, 2015 /CNW/ - SilverWillow Energy Corporation (TSXV:SWE) ("SilverWillow" or the "Company") announces that it has entered into a definitive acquisition agreement (the "Acquisition Agreement") pursuant to which Value Creation Inc. ("Value Creation") will acquire all of the outstanding common shares of SilverWillow for cash consideration of C$0.03 per share (the "Transaction"). The Acquisition Agreement was negotiated at arm's length between SilverWillow and Value Creation. The [Read more]

Raimount Announces Normal Course Issuer Bid

CALGARY, July 2, 2015 /CNW/ - Raimount Energy Inc. ("Raimount" or the "Corporation"), TSXV: RMT announces that, the TSX Venture Exchange ("TSXV") has approved, the Corporation's intention to purchase certain of its Common Shares by way of a normal course issuer bid (the "NCIB") through the facilities of the TSXV. Raimount may purchase up to a maximum of 218,666 Common Shares, which represents 5% of the Corporation's current issued and outstanding Common Shares. Raimount will commence open market [Read more]