BOE Report

Marquee Energy Ltd. Announces the Closing of a Production Volume Royalty Sale for $20 Million on its Lloydminster Property

CALGARY, March 24, 2015 /CNW/ - Marquee Energy Ltd. ("Marquee" or the "Company") (TSXV: "MQL") has closed the previously announced sale of a static production volume royalty ("PVR") on its Lloydminster property for net proceeds of $20 million. The sale (the "Transaction") provides a non-dilutive source of funding to Marquee which will be used to reduce debt and to fund the Company's 2015 Michichi capital expenditure program. The Transaction highlights Marquee's focus on the continued [Read more]

Twin Butte Energy announces 2014 year end financial and operating results: Record cash flow, executive appointment

CALGARY, March 23, 2015 /CNW/ - (TSX: TBE) - Twin Butte Energy Ltd. ("Twin Butte" or  the  "Company") is pleased to report financial and operational results for the three and twelve months ended December 31, 2014, along with year-end reserves, an operational update and executive appointment. Just under a year ago as part of a review of the Company's operations and opportunities, the Board of Directors initiated strategic changes to accelerate the transition of Twin Butte to a medium gravity, [Read more]

Bellatrix Announces 2014 Year-End Disclosure Documents

TSX: BXE CALGARY, March 20, 2015 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE) is pleased to announce the filing of its Annual Information Form for the year ended December 31, 2014 (the "AIF") with the Canadian securities regulatory authorities on the System for Electronic Analysis and Retrieval ("SEDAR"). In addition, Bellatrix has filed its Annual Report on Form 40-F for the year ended December 31, 2014, which includes the AIF, with the U.S. Securities and [Read more]

LGX Oil + Gas Inc. comments on recent market activity

CALGARY, March 20, 2015 /CNW/ - LGX Oil + Gas Inc. ("LGX" or the "Company") (TSXV: OIL) wishes to comment on the unusual recent market activity in its stock.   Although it is generally the Company's policy to not comment on market rumours or activities, the Company advises that it is not aware of any undisclosed material change that would account for the recent market activity.  As previously disclosed, the Company intends to release its annual operational and financial results for 2014 on March [Read more]

Connacher Oil and Gas Limited Clarifies Procedures Associated with its Recapitalization and Extends Deadline

CALGARY, March 20, 2015 /CNW/ - Connacher Oil and Gas Limited (CLL – TSX; "Connacher" or the "Company") is providing clarification in connection with its previously announced planned recapitalization transaction (the "Recapitalization"), details of which are set forth in the management information circular dated February 20, 2015 ("Information Circular") which is available on the Company's website at www.connacheroil.com and on SEDAR under the Company's profile at www.sedar.com. Upon [Read more]

Irving Oil has agreed, subject to court approval, to contribute to the Lac-Mégantic compensation fund

SAINT JOHN, NB, March 20, 2015 /CNW/ - Irving Oil has agreed, subject to court approval, to contribute $75 Million (CDN) to the compensation fund that has been established for those suffering losses as the result of the Lac-Mégantic derailment. We fully support the establishment of the fund as an industry-wide response to the tragedy, which will provide substantial payments without further lengthy legal proceedings. About Irving Oil Irving Oil was founded in 1924 and is a privately owned [Read more]

Irving Oil and TransCanada Co-Sponsor National Speed Skating Competition

FREDERICTON, NB, March 20, 2015 /CNW/ - Irving Oil and TransCanada Corporation (TransCanada) have teamed up as co-sponsors for this year's Canada East Short Track Championships – contributing $15,000 to the national speed skating event, which is being hosted in Fredericton, New Brunswick, for the first time this year. "You can't do an event like this without community partners," said Trevor Corey, President of the Fredericton Amateur Speed Skating Club and Chair of the Host Committee for this [Read more]

Marquee Energy Ltd. announces record financial and operating results for 2014 and the sale of a production volume royalty on its Lloydminster property

CALGARY, March 19, 2015 /CNW/ - Marquee Energy Ltd. ("Marquee" or the "Company") (TSXV: "MQL") announces record production and funds flow from operations for the year ended December 31, 2014. The Company's financial statements and Management's Discussion and Analysis ("MD&A") for the three and twelve months ended December 31, 2014 are available on SEDAR at www.sedar.com and on Marquee's website at www.marquee-energy.com. Marquee is also pleased to announce that it has entered into a [Read more]

Surge Energy Inc. Announces Record 2014 Year-End Results and Files Annual Information Form

CALGARY, March 19, 2015 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) is pleased to announce its financial and operating results for the year ended December 31, 2014 and has filed its Annual Information Form ("AIF") for the year ended December 31, 2014 on SEDAR. HIGHLIGHTS Surge's NAV per share increased from $6.95 per share on December 31, 2013 to $7.36 per share on December 31, 2014 (despite the large reduction in Sproule's 2015 crude oil commodity price [Read more]

Enerplus Announces Cash Dividend for April 2015

CALGARY, March 19, 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 April 15, 2015 to all shareholders of record at the close of business on March 31, 2015. As announced previously, Enerplus believes this is a more appropriate dividend level in the context of current commodity prices. The ex-dividend date for this payment is March 27, 2015. The CDN$0.05 per share dividend is equivalent to [Read more]