BOE Report

Yangarra Expands Credit Facility

CALGARY, April 20, 2015 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX:YGR) expands credit facility, provides an update on TransCanada Pipelines' ("TCPL") on-going restrictions and an update on two recently drilled wells using a cemented liner. Credit Facility Update Yangarra has entered into amended and restated credit facility agreements with Alberta Treasury Branches ("ATB") which now consists of an $80 million senior line (previously $70 million) and a $10 million [Read more]

Spyglass Resources Corp. Announces Webcast Details for its Annual General Meeting of Shareholders

CALGARY, April 20, 2015 /CNW/ - Spyglass Resources Corp. ("Spyglass", or the "Company")  (TSX: SGL, OTCQX: SGLRF) will hold its Annual Meeting of Shareholders on Wednesday, May 13, 2015 at 2:00 p.m. MT (4:00 p.m. ET) at the Jamieson Place Conference Centre, Jamieson Place, 3rd Floor, 240 – 4th Avenue S.W., Calgary, Alberta. A live webcast of the presentation can be accessed on Spyglass' website at www.spyglassresources.com, or by following the below link: [Read more]

Report: Teck Resources, a Major Canadian Oil Sands Promoter, Faces Difficulties

In Fort Hills and Frontier Projects, Canadian Company Is Losing Its 'Overly Optimistic' Bet on An Expensive Source of Energy CLEVELAND, April 20, 2015 /CNW/ - (IEEFA.org) — The Institute for Energy Economics and Financial Analysis released a report today questioning the financial viability of Teck Resources, a Canadian energy company with a substantial stake in the flagging oil sands development of Alberta. The report, titled "Teck Resources: Tough Road on Oil Sands Investments," analyzes [Read more]

Enerplus Announces Cash Dividend for May 2015

CALGARY, April 20, 2015 /CNW/ - Enerplus Corporation ("Enerplus") (TSX: ERF) (NYSE: ERF) announces that a cash dividend in the amount of CDN$0.05 per share will be payable on May 15, 2015 to all shareholders of record at the close of business on April 30, 2015. The ex-dividend date for this payment is April 28, 2015. The CDN$0.05 per share dividend is equivalent to approximately US$0.04 per share if converted using the current Canadian/US dollar exchange rate of 0.8177. The U.S. dollar [Read more]

Japanese banks take top spots in Poten & Partners' 2015 ranking of LNG project finance lenders

NEW YORK, April 19, 2015 /CNW/ -- Japan's Bank of Tokyo-Mitsubishi UFJ, Mizuho and Sumitomo Mitsui Banking Corp took the top three spots in Poten & Partners' 2015 ranking of the world's LNG project finance lenders. The rankings appear in Poten & Partners' LNG Finance in World Markets published April 17. Japanese banks took five of the top 10 positions in the inaugural rankings published by Poten, a leading global brokerage, consultancy and business intelligence publisher. The Netherlands' ING [Read more]

FrontFour Announces Nomination of Directors to Board of Legacy Oil + Gas Inc.

TORONTO, April 17, 2015 /CNW/ - FrontFour Master Fund, Ltd. ("FrontFour Master Fund"), an affiliate of FrontFour Capital Group LLC ("FrontFour LLC") and FrontFour Capital Corp. ("FrontFour Capital", and together with FrontFour Master Fund and FrontFour LLC, collectively, the "FrontFour Group") today submitted to Legacy Oil + Gas Inc. ("Legacy") a notice of intention to nominate three new directors (the "Shareholder Nominees") for election to the Board of Directors at Legacy's Annual General and [Read more]

Trafigura Canada Closes Agreement With Nexen Marketing

Third Party Lease Purchase Contracts With Canadian Oil Producers To Transfer To Trafigura CALGARY, Alberta, April 17, 2015 /CNW/ -- Trafigura Canada General Partnership ("Trafigura") has today signed an agreement with Nexen Marketing to transfer its third-party lease business in Canada to Trafigura. "Trafigura's core business is physical trading and logistics," said Iain Singer, Head of Trafigura Canada. Founded in 1993, the Trafigura Group has become one of the world's leading independent [Read more]

Madalena Announces Fourth Quarter and Year End 2014 Financial Results and Provides an Operational Outlook

TSXV Trading Symbol: MVNOTC Trading Symbol: MDLNF CALGARY, April 17, 2015 /CNW/ - Madalena Energy Inc. (TSXV: MVN) (the "Company" or "Madalena") is pleased to provide selected financial and operational information for the three months and year ended December 31, 2014.  Copies of the Company's consolidated financial statements for the year ended December 31, 2014, the related management's discussion and analysis and the Annual Information Form (the "AIF") of the Company for the year ended [Read more]

SilverWillow Energy Corporation Announces Year End Results

CALGARY, April 16, 2015 /CNW/ - SilverWillow Energy Corporation ("SilverWillow") (TSXV:SWE) has filed its audited financial statements and management's discussion and analysis for the period ended December 31, 2014.  The Corporation has also filed its Annual Information Form which includes the Corporation's oil and gas information for the period ended December 31, 2014, and the reports as mandated by National Instrument 51-101 – Standards of Disclosure for Oil and Gas Activities.  These [Read more]

Ironhorse Announces 2014 Fourth Quarter and Year End Results

CALGARY, April 16, 2015 /CNW/ - Ironhorse Oil & Gas Inc. ("Ironhorse" or the "Company") (TSX-V: IOG) announces its fourth quarter and full year 2014 financial and operating results. Highlights of 2014: Funds from operations increased to $535,000 for the year ended December 31, 2014 from negative $4,000 for the year ended December 2013. The Company's proved producing reserve volumes increased to 89% of Total Proved reserves at December 31, 2014 as compared to 2% of Total Proved [Read more]