BOE Report

Twin Butte Energy Confirms April Dividend Payment

CALGARY, April 15, 2015  Twin Butte Energy Ltd. (TSX:TBE) ("Twin Butte") confirms that its cash dividend in respect of April 2015 production will be $0.01 per share. The eligible dividend will be paid on May 15, 2015 to shareholders of record on April 30, 2015. The ex-dividend date is April 28, 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]

Surge Energy Inc. Confirms April 2015 Dividend

CALGARY, April 15, 2015 Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on May 15, 2015 in respect of April 2015 production, for the shareholders of record on April 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]

Penn West Announces $321 Million Sale of Royalties

CALGARY, April 14, 2015 /CNW/ - PENN WEST PETROLEUM LTD. (TSX: PWT) (NYSE: PWE) ("Penn West", "we", "our", "us" or the "Company") is pleased to announce that it has entered into definitive agreements with Freehold Royalties Ltd. (TSX:FRU) relating to the sale by Penn West of an 8.5 percent gross overriding royalty in its working interests in a portion of the Viking play located in the Dodsland area of Saskatchewan and certain of its existing royalties and mineral title lands located in Alberta, [Read more]

National Energy Board Launches Online Pipeline Incident Map

CALGARY, April 13, 2015 /CNW/ - The National Energy Board (NEB) has launched an online interactive Pipeline Incident Map that offers Canadians the opportunity to view all pipeline incidents in Canada since 2008. In launching the map, NEB Chair Peter Watson said, "This new and interactive tool offers Canadians the ability to learn more about pipeline incidents and the companies involved. It also demonstrates the NEB's increasing commitment to transparency." The Pipeline Incident Map [Read more]

IFR Announces Mexico Oil and Gas Initiative

CALGARY, April 13, 2015 /CNW/ - International Frontier Resources Corporation ("IFR" or the "Company") on April 13th, 2015 is pleased to announce that it has formed a Mexican subsidiary, Petro Frontera S.A.P.I de CV (Frontera) that will allow for (i) the study of, and bidding on, assets in Mexico's initial oil and gas Energy Reform bid round in 2015; (ii) the acquisition and participation in services contracts that are currently migrating to exploration and production contracts; (iii) and the [Read more]

Perpetual Energy Inc. Announces Disposition of Royalty Lands in East Central Alberta for $21 Million

CALGARY, April 13, 2015 /CNW/ - (TSX:PMT) - Perpetual Energy Inc. ("Perpetual", the "Corporation" or the "Company") is pleased to announce it has closed the sale of certain fee simple lands in east central Alberta, and a working interest in related seismic data, for $21.0 million. The transaction involves 206,712 net acres (207,770 gross) of fee simple lands, primarily comprised of section 8 and three quarters of section 26 in a checkerboard pattern across a 14 by 18 township area east of [Read more]

University Of Toronto Dethrones Perennial Champ Laval At Shell Eco-marathon In Detroit

Team recovers from on-track crash for 3,421 miles per gallon win on day's final run DETROIT, April 13, 2015 /CNW/ -- In this global auto capital that sparked automotive innovation a century ago, two Canadian universities battled for the second year in a row Sunday to see which would win the 2015 Shell Eco-marathon Americas ultra-energy-efficient student mileage challenge. In a reversal from a year ago, a University of Toronto team came from behind in the last efficiency run to edge Quebec's [Read more]

Pembina Pipeline Corporation Declares Common and Preferred Share Dividends and Announces Conference Call and Webcast Details for its First Quarter 2015 Results and Annual General Meeting

CALGARY, April 10, 2015 /CNW/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that its Board of Directors declared a common share cash dividend for April 2015 of $0.145 per share to be paid, subject to applicable law, on May 15, 2015 to shareholders of record on April 25, 2015. For shareholders receiving their common share dividends in U.S. funds, the April 2015 cash dividend is expected to be approximately U.S. $0.1153 per share (before [Read more]

Apache Completes Sale of Kitimat LNG

HOUSTON, April 10, 2015 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) today announced that it has completed the previously disclosed sale of its 50 percent interest in the Kitimat LNG project and related upstream acreage in the Horn River and Liard natural gas basins in British Columbia, Canada, to Woodside Petroleum Limited (ASX: WPL). Total proceeds of $854 million include $354 million in adjustments for reimbursement of net expenditures on the project, changes in working capital and [Read more]

Pembina Pipeline Corporation Announces Closing of $225 Million Preferred Share Offering

CALGARY, April 10, 2015 /CNW/ - Pembina Pipeline Corporation ("Pembina" or "the Company") (TSX: PPL; NYSE: PBA) is pleased to announce that it has closed its previously announced public offering of cumulative redeemable rate reset class A preferred shares, Series 9 (the "Series 9 Preferred Shares") for aggregate gross proceeds of $225 million (the "Offering"). The Offering was announced on March 31, 2015 when Pembina entered into an agreement with a syndicate of underwriters co-led by [Read more]