BOE Report

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]

Kelt increases planned 2015 capital expenditures in British Columbia, provides operations update and announces $78.8 million equity financings

Stock Symbol "KEL" – TSX CALGARY, June 15, 2015 /CNW/ - Kelt Exploration Ltd. ("Kelt" or the "Company") has expanded its capital expenditure budget to $497 million for 2015, up $40 million from $457 million. Excluding the corporate acquisition that was completed on April 16, 2015, forecasted capital expenditures have been increased by 23% from $150.0 million to $185.0 million. The increased spending is expected to result in the drilling of 18 gross (15.7 net) wells during the year, with the [Read more]

Surge Energy Inc. Confirms June 2015 Dividend

CALGARY, June 15, 2015 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on July 15, 2015 in respect of June 2015 production, for the shareholders of record on June 30, 2015 will be $0.025 per share.  The dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). Surge Energy Inc. is an oil-weighted production and development company with high quality, large oil in place, crude oil reservoirs.  Management is focused on [Read more]

Vermilion Energy Inc. Announces $0.215 Cdn Cash Dividend for July 15, 2015 Payment Date

CALGARY, June 12, 2015 /CNW/ - Vermilion Energy Inc. ("Vermilion") (TSX, NYSE: VET) is pleased to announce a cash dividend of $0.215 CDN per share payable on July 15, 2015 to all shareholders of record on June 22, 2015.  The ex-dividend date for this payment is June 18, 2015.  This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). Vermilion is an oil-leveraged producer that seeks to create value through the acquisition, exploration, development and optimization of [Read more]

Pacific NorthWest LNG Announces Final Investment Decision

VANCOUVER, June 11, 2015 /CNW/ - Pacific NorthWest LNG (PNW LNG) announced today that the required technical and commercial components of the project have been satisfied. Consequently, PNW LNG has resolved to move forward with a positive Final Investment Decision, subject to two conditions. The Final Investment Decision will be confirmed by the partners of PNW LNG once two outstanding foundational conditions have been resolved. The first condition is approval of the Project Development Agreement [Read more]

Pembina Pipeline Corporation Announces $600 Million Public Note Offering

CALGARY, June 11, 2015 /CNW/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL, NYSE: PBA) announced today that it has agreed to offer $600 million of senior unsecured medium-term notes (the "Offering"). The Offering will be conducted in two tranches consisting of $500 million in senior unsecured medium-term notes, series 6 (the "Series 6 Notes") having a fixed coupon of 4.24 percent per annum, paid semi-annually, and maturing on June 15, 2027, and $100 million principal [Read more]