BOE Report

Advantage Announces an Amendment to its Stock Option Plan

(TSX: AAV, NYSE: AAV) CALGARY, May 11, 2015 /CNW/ - Advantage Oil & Gas Ltd. ("Advantage" or the "Corporation") announces that it has amended its Stock Option Plan (the "Plan") to be considered at our Annual General and Special Meeting (the "Meeting") of the holders ("Shareholders") of common shares on May 27, 2015 at 1:30 p.m. (Calgary time). In order to clarify a certain section of the Plan, the Advantage Board of Directors has approved an amendment to the terms of the Plan to confirm that [Read more]

Enerplus Announces Voting Results from the 2015 Annual Meeting of Shareholders

CALGARY, May 8, 2015 /CNW/ - Enerplus Corporation ("Enerplus" or the "Corporation") (TSX: ERF) (NYSE: ERF) is pleased to announce the voting results from our Annual General Meeting held Friday, May 8, 2015. Each of the matters is described in greater detail in the 2015 Notice of Annual Meeting and Information Circular and Proxy Statement dated April 2, 2015 (the "Circular"). 1.     Election of Directors Shareholders elected the following ten nominees as Directors of the Corporation who will [Read more]

Connacher Completes Restructuring and Provides Q1 2015 Operational Update

CALGARY, May 8, 2015 /CNW/ - Connacher Oil and Gas Limited (CLL – TSX; "Connacher" or the "Company") announced today that it has closed the previously announced recapitalization transaction (the "Recapitalization"). The Recapitalization included, among other things: The exchange of approximately C$1.0 billion of Connacher's debt for common shares of Connacher, including accrued and unpaid interest; The issuance by Connacher of US$35 million aggregate principal amount of new second lien [Read more]

Vermilion Energy Inc. Reports Voting Results of Election of Directors

CALGARY, May 8, 2015 /CNW/ - Vermilion Energy Inc. ("Vermilion" or "Company") (TSX, NYSE: VET) is pleased to report that at its annual meeting of shareholders held on May 8, 2015 each of the ten nominees proposed as directors and listed in its Proxy Statement and Information Circular dated April 10, 2015, were elected as directors of the Company. The detailed results of the vote by ballot are as follows:   Votes for Votes Withheld   Number Percent (%) Number Percent (%) Larry J. Macdonald [Read more]

TransCanada Energy power plant in Bécancour: Liquefied natural gas will make it possible to meet peak electricity demand starting in winter 2018

MONTRÉAL, May 8, 2015 /CNW Telbec/ - Gaz Métro is pleased with the application filed by Hydro-Québec Distribution today with the Régie de l'énergie, which aims to use liquefied natural gas (LNG) from Gaz Métro's existing plant to meet peak demand for electricity starting in winter 2018. "This innovative solution involves allowing the TransCanada Energy (TCE) power plant in Bécancour, which has not produced electricity for several years now, to become a strategic tool for meeting the needs of [Read more]

NEB approves WesPac Midstream LNG export licence

CALGARY, May 8, 2015 /CNW/ - The National Energy Board (NEB) has approved the application of WesPac Midstream – Vancouver LLC (WesPac) for a 25 year natural gas export licence with a maximum term quantity of 116.44 billion cubic metres1. The issuance of this licence is subject to the approval of the Governor in Council. When evaluating natural gas and LNG export licence applications, the NEB considers if the quantity of gas proposed to be exported is surplus to Canadian requirements, taking into [Read more]

Bellatrix announces proposed US$250 million offering of senior unsecured notes

CALGARY, May 8, 2015 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE) is pleased to announce that it intends to commence a private offering to eligible purchasers, subject to market conditions, of US$250 million in aggregate principal amount of senior unsecured notes due 2020 (the "notes").  Bellatrix intends to use the net proceeds from the offering of the notes to partially repay borrowings outstanding under its bank credit facility. The notes have not been [Read more]

Enerplus Building Momentum with Strong Operational First Quarter 2015 Results

CALGARY, May 8, 2015 /CNW/ - Enerplus Corporation ("Enerplus") (TSX: ERF) (NYSE: ERF) announces the results from operations for the first quarter 2015. HIGHLIGHTS: Enerplus delivered strong operating results and continued to demonstrate prudent financial stewardship through a focus on disciplined capital allocation and cost control. We are well positioned to achieve our key operating targets in 2015 and remain in a strong financial position as we navigate through a challenging commodity [Read more]

Vermilion Energy Inc. Announces Results for the Three Months Ended March 31, 2015

CALGARY, May 8, 2015 /CNW/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX, NYSE: VET) is pleased to report operating and unaudited financial results for the three months ended March 31, 2015. HIGHLIGHTS Achieved average production of 50,386 boe/d during the first quarter of 2015, an increase of 2% as compared to 49,571 boe/d in the prior quarter, and 8% versus 46,677 boe/d during the first quarter of 2014.  Production increased in Canada, France and the [Read more]

Advantage Announces First Quarter 2015 Results

Glacier Results Sets the Stage for 36% Production Growth to 183 mmcfe/d in July 2015   (TSX: AAV, NYSE: AAV) CALGARY, May 7, 2015 /CNW/ - During the first quarter of 2015, Advantage achieved an 8% production per share growth and a 13% reduction in total cash costs, reinforcing the Corporation's focus on sustained production growth supported by an industry leading low cost structure.  Ongoing Glacier well production outperformance, a strong balance sheet and an attractive hedging program [Read more]