BOE Report

The USA Department of Energy authorizes Pieridae Energy (USA) Ltd. to export American natural gas

HALIFAX, May 26, 2015 /CNW/ - Pieridae Energy (Canada) Ltd. (Pieridae) is pleased to announce that the Department of Energy of the USA has granted Pieridae Energy (USA) Ltd. long-term multi-contract authorization to export natural gas to Canada for end use in Canada and to export LNG produced from such natural gas from Canada to countries with which the USA has entered into a free trade agreement requiring national treatment for trade in natural gas ("FTA countries"). The authorization issued on [Read more]

Bellatrix Successfully Completes Construction and is Currently Commissioning its Deep Cut Gas Plant at Alder Flats

CALGARY, May 26, 2015 /CNW/ -  Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE) is pleased to announce it has successfully completed construction and has begun commissioning 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").  Phase 1 of the Plant was constructed with design capacity of 110 mmcf/d, and was completed ahead of schedule and within approximately 3% [Read more]

Ikkuma Resources Corp. Announces the Renewal of its’ $75 Million Syndicated Credit Facility

CALGARY, May 26, 2015 /CNW/ - Ikkuma Resources Corp. ("Ikkuma" or the "Corporation") (TSXV: IKM) is pleased to report that its' $75 million syndicated credit facility ("Facility") has been renewed with no material changes to the existing terms and conditions thereof.  The Facility will revolve for a 364 day period and will be subject to its next 364 day extension on or about July 29, 2016.  The available lending limits are reviewed semi-annually and are based on the bank syndicate's [Read more]

Cenovus announces executive retirements

Succession plan in place CALGARY, May 26, 2015 /CNW/ - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) is announcing that after extensive and successful careers at Cenovus and its predecessor companies, four Cenovus executives have made the decision to retire. Their transitions off the executive team will begin at different times over the course of 2015. To minimize disruption to Cenovus's business and ensure the transitions are orderly and managed, the retiring executives will continue in varying [Read more]

Sun Kwok Ping Files Early Warning Report for Purchase of Common Shares in Sunshine Oilsands Ltd.

HONG KONG and CALGARY, Alberta, May 26, 2015 /CNW/ -- Mr. Sun Kwok Ping (the "Securityholder") has filed an early warning report dated May 26, 2015 advising of the purchase of 16,000,000 common shares of Sunshine Oilsands Ltd. (the "Company") (HKEX: 2012; TSX: SUO) at an average price of HK$0.724 per share and the purchase of 11,000,000 common shares of the Company at an average price of HK$0.924 per share of representing, in aggregate, approximately 0.07% of the outstanding common shares of the [Read more]

Media Advisory – Canadian Energy Leaders Meet to Examine the Energy “Big Picture”

OTTAWA, May 25, 2015 /CNW/ - Canada's energy leaders in industry and associations, academics, government officials, First Nations' leaders, professional service providers, and ENGO representatives from across Canada's energy sector will meet in Toronto for the Energy Council of Canada's 2015 Canadian Energy Summit. Telling the Energy Story is the central theme for the Summit.  The aim is to raise awareness and improve understanding of the many ways that the energy sector influences the economy, [Read more]

Penn West Announces Finalization of Amending Agreements with its Lenders

CALGARY, May 25, 2015 /CNW/ - PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE - PWE) ("Penn West", "we", "our" or the "Company") is pleased to announce that it has finalized and entered into definitive amending agreements with the lenders under its syndicated bank facility and the holders of its senior notes to, among other things, amend its financial covenants as initially disclosed by the Company in its press release issued on March 12, 2015 announcing its year-end financial and operational results [Read more]

NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS

TO BE HELD AT 8:00 A.M. ON JUNE 24, 2015 (HONG KONG TIME)AND 6:00 P.M. ON JUNE 23, 2015 (CALGARY TIME) HONG KONG and CALGARY, Alberta, May 25, 2015 /PRNewswire/ -- NOTICE IS HEREBY GIVEN that the annual general meeting (the "Meeting") of the holders (the "Shareholders") of Class "A" Common Voting Shares (the "Shares") of Sunshine Oilsands Ltd. ("Sunshine" or the "Corporation") will be held at the United Conference Centre, Room 2, 10/F, United Centre, 95 Queensway, Admiralty, Hong Kong on June [Read more]

Cenovus temporarily shuts down Foster Creek due to forest fire; Workers safely evacuated from operations as a precaution

CALGARY, May 25, 2015 /CNW/ - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has safely evacuated all staff from its Foster Creek oil sands and Athabasca natural gas operations and shut down production as a precaution due to a forest fire on the Cold Lake Air Weapons Range (CLAWR) in northeastern Alberta. The forest fire is currently burning about 25 kilometres south of Cenovus's Foster Creek facility. There has been no damage to the Foster Creek infrastructure at this time. The decision to send [Read more]

Questerre enters into MOU for oil shale acreage in Jordan

CALGARY, May 22, 2015 /CNW/ - Questerre Energy Corporation ("Questerre" or the "Company") (TSX,OSE:QEC) announced today that it has entered into a memorandum of understanding ("MOU") with the Ministry of Energy and Mineral Resources of the Hashemite Kingdom of Jordan for the appraisal and development of oil shale acreage in Jordan. The MOU encompasses two blocks covering 388 square kilometers in the Isfir-Jafr area, approximately 200 km south of the capital, Amman. To date, a total of 35 core [Read more]