BOE Report

Bellatrix Announces Successful Start-Up of Phase 1 of the Bellatrix Alder Flats Plant and Completion of its Semi-Annual Borrowing Base Review

CALGARY, June 25, 2015 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE) is pleased to announce the successful start-up of Phase 1 of the Bellatrix O'Chiese Nees-Ohpawganu'ck deep cut gas plant in the Alder Flats area of Alberta (the "Bellatrix Alder Flats Plant" or the "Plant"). Bellatrix is also pleased to announce the completion of the current semi-annual borrowing base redetermination under its bank credit facilities. Phase 1 of the Bellatrix Alder Flats [Read more]

Surge Energy Inc. announces capital program for the second half of 2015

CALGARY, June 24, 2015 /CNW/ - Surge Energy Inc. ("Surge" or "the Company") announced today that the Company's management and Board are maintaining a conservative capital spending program for the second half of 2015, which is designed to both protect the Company's net asset value ("NAV") at $6.28 per share, and the Company's excellent balance sheet. While there has been a meaningful recovery in world crude oil prices in the first half of 2015, Surge management and Board will continue to assess [Read more]

LGX Oil + Gas Inc. Announces Significant Banff Completion Test Results

CALGARY, June 24, 2015 /CNW/ - LGX Oil + Gas Inc. ("LGX" or the "Company") (TSXV: OIL) is pleased to provide completion test results from recent southern Alberta activity.  Big Valley (Three Forks) Formation production from the horizontal well at 6-36-8-24 W4M was isolated and the Banff Formation was completed with a 6 m perforated interval in the build section of the intermediate casing and stimulated with a small volume acid job.  The completion has achieved the following extended production [Read more]

Sunshine Oilsands Ltd. Announces Poll Results of the Annual General Meeting of Shareholders Held on June 24, 2015 (Hong Kong Time) and June 23, 2015 (Calgary Time)

HONG KONG and CALGARY, Alberta, June 24, 2015 /CNW/ -- Reference is made to the notice of the annual general meeting of shareholders (the "Meeting") of Sunshine Oilsands Ltd. (the "Corporation" HKEX: 2012; TSX: SUO) dated May 19, 2015 (the "Notice") and the supplemental notice of annual general meeting of Shareholders of the Corporation dated June 7, 2015 (the "Supplemental Notice"). Unless the context requires otherwise, terms used herein shall have the same meanings as those defined in the [Read more]

Clean and Affordable Energy Approach to Improve Life Quality and Transportation in Ontario

New UOIT study estimates $30 billion transportation-associated costs without government action TORONTO and OSHAWA, ON, June 24, 2015 /CNW/ - New research from the University of Ontario Institute of Technology (UOIT) in Oshawa suggests Ontario can save billions of dollars in fuel costs and reduce greenhouse gas emissions by over 100 million tonnes by 2050 if it can address long overdue transportation issues and implement solutions that include increased reliance on natural gas- and [Read more]

Statoil Chooses Rolta OneView™ for Their Enterprise Operational Excellence Programme

MUMBAI, June 24, 2015 /CNW/ - Rolta today announced that Statoil, the international energy company, headquartered in Norway, and present in more than 37 countries around the world, has chosen Rolta OneView™, as a part of initiatives focused on raising efficiencies in operations and maintenance of their global operations. Rolta's engagement is to initially carry out a project to provide key insights to help identify areas that offer potential for improvement, and then configure Rolta OneView™ for [Read more]

Imperial continues existing share repurchase program

CALGARY, June 22, 2015 /CNW/ - Imperial today announced it has received final acceptance from the Toronto Stock Exchange for a new normal course issuer bid to continue its existing share repurchase program facility that will expire on June 24, 2015. In December 2002, Imperial introduced a restricted stock unit plan pursuant to which shares may be issued upon vesting. Since there could be a dilution in the percentage ownership levels of shareholders that would result from the issue of shares on [Read more]

Sunshine Oilsands Ltd. Announces Special General Meeting

CALGARY, Alberta and HONG KONG, June 21, 2015 /CNW/ -- NOTICE IS HEREBY GIVEN that a special general meeting ("SGM") of Sunshine Oilsands Ltd. (the "Corporation" HKEX: 2012; TSX: SUO) will be held at United Conference Centre, Room 2, 10/F, United Centre, 95 Queensway, Admiralty, Hong Kong on Tuesday, July 21, 2015 at 8:00 a.m. (Hong Kong time) for the purpose of considering and, if thought fit, passing the following resolution, with or without amendments, as an ordinary resolution of the [Read more]

CGX Energy Announces Spud Date Extensions

(TSX-V | OYL) TORONTO, June 19, 2015 /CNW/ - CGX Energy Inc. ("CGX Energy" or the "Company") received an extension yesterday to its work commitments on the Corentyne Block in offshore Guyana.     Professor Suresh Narine, Co-Chairman of the Company, commented: "The Company deeply appreciates the co-operation of the Government of Guyana in granting the spud date extension to CGX Energy.  This will allow us the time to design and plan for the spudding of the next exploration well on the Corentyne [Read more]

Government of Canada and SDTC announce new technology for Clean Transportation

DOLBEAU-MISTASSINI, QC, June 19, 2015 /CNW Telbec/ - The Honourable Denis Lebel, Minister of Infrastructure, Communities and Intergovernmental Affairs and Minister of the Economic Development Agency of Canada for the Regions of Quebec, on behalf of the Honourable Greg Rickford, Canada's Minister of Natural Resources, today announced funding of $2.2 million for a clean technology project in Dolbeau-Mistassini, Quebec. The funding will support Sysgaz Inc.'s development of a technology that can [Read more]