BOE Report

Enerplus Announces Cash Dividend for March 2015

CALGARY, Feb. 17, 2015 /CNW/ - Enerplus Corporation ("Enerplus") (TSX: ERF) (NYSE: ERF) announces that a cash dividend in the amount of CDN$0.09 per share will be payable on March 16, 2015 to all shareholders of record at the close of business on February 27, 2015. The ex-dividend date for this payment is February 25, 2015. The CDN$0.09 per share dividend is equivalent to approximately US$0.07 per share if converted using the current Canadian/US dollar exchange rate of 0.8033. The U.S. dollar [Read more]

Journey Energy Inc. Confirms Monthly Dividend for February 2015

CALGARY, Feb. 16, 2015 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") is pleased to confirm that the dividend for February of $0.025 per common share will be paid on March 16, 2015 to shareholders of record on February 27, 2015 with an ex-dividend date of February 25, 2015. The Board of Directors has declared the dividend payable in either cash or common shares at the election of the shareholder. This dividend has been designated as an "eligible dividend" for Canadian [Read more]

Ivanhoe Energy receives default notice from debenture trustee

VANCOUVER, Feb. 16, 2015 /CNW/ - Ivanhoe Energy Inc. (TSX: IE; NASDAQ: IVAN) (TSX: IE.DB) announced today that the company received a letter from The Bank of New York Mellon, as trustee of the company's outstanding 5.75% convertible, unsecured, subordinated debentures. The letter notified the company that an Event of Default has occurred by reason of the company not paying the interest due on the debentures on December 31, 2014 and the expiration of the 30-day grace period for paying the [Read more]

Ivanhoe Energy board announcement

VANCOUVER, Feb. 16, 2015 /CNW/ - Ivanhoe Energy Inc. (TSX: IE; NASDAQ: IVAN) (TSX: IE.DB) announced today the resignation of Randolph Thornton from the company's Board of Directors, effective February 13. Mr. Thornton has served as a director of the company since November, 2014. Ivanhoe Energy is an independent international heavy oil exploration and development company focused on pursuing long-term growth using advanced technologies, including its proprietary heavy oil upgrading process (HTL®). [Read more]

Cenovus files 2014 year-end disclosure documents

CALGARY, Feb. 13, 2015 /CNW/ - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today filed its audited Consolidated Financial Statements for the year ended December 31, 2014, as well as related Management's Discussion and Analysis, with Canadian securities regulatory authorities. Cenovus has also filed its Annual Information Form for the year ended December 31, 2014, which includes disclosure relating to reserves data and other oil and gas information. In addition, Cenovus has filed its Annual Report [Read more]

Material Fact – Acquisition of the Bijupirá and Salema Oil Fields and FPSO Fluminense

RIO DE JANEIRO, Feb. 13, 2015  /CNW/ -  PetroRio1 ("PetroRio" or the "Company"), the new brand of HRT Participações em Petróleo S.A., hereby announces the signing of arm's length purchase and sale agreements dated January 20, 2015 (the "Agreements") to acquire 80% of the rights and obligations of the concession contracts for the Bijupirá and Salema Fields with Shell Brasil Petróleo Ltda. ("Shell"), Petróleo Brasileiro S.A. – Petrobras, holds the remaining 20%. The transaction also involves the [Read more]

CO2 Solutions Announces Fiscal 2015 Second Quarter Results

Projects on track New proprietary enzyme developed EERC testing completed Progressing towards commercialisation TSX-V: CST Outstanding Shares: 100,494,626      QUEBEC CITY, Feb. 12, 2015 /CNW/ - CO2 Solutions Inc. ("the Corporation") (TSX-V: CST) announced today the filing of its financial results for the second quarter ended December 31, 2014. The Corporation's detailed financial statements and management report will be available on www.sedar.com as of February 13, 2015.   Second quarter [Read more]

Madalena announces 155% increase to year end reserves and provides Argentina update

CALGARY, Feb. 12, 2015 /CNW/ - Madalena Energy Inc. ("Madalena" or the "Company") (TSXV: MVN and OTC: MDLNF) is pleased to announce the results of its independent reserve reports as at December 31, 2014. In 2014, the Company focused its efforts on creating a solid platform for continued growth in Argentina.  The June 25, 2014 acquisition of certain properties in Argentina was a key transformational transaction that was highly accretive on production, reserves and NPV 10%.  In 2014, the growth [Read more]

Cenovus oil sands production increases 25% in 2014

Proved bitumen reserves up 7% Combined oil sands production averaged more than 128,000 barrels per day (bbls/d) net in 2014, up 25% from 2013. Non-fuel operating costs per barrel at the company's oil sands projects declined 14% compared with the previous year. Total oil production averaged more than 203,000 bbls/d net, up 14% from 2013. Capital investment was $3.1 billion, 6% lower than in 2013. Cash flow was $3.5 billion, a 4% decrease compared with 2013. Rising oil sands production [Read more]

Surge Energy Inc. Announces a 52 Percent Increase in 2014 Year End Reserves, New Net Asset Value of $7.36 Per share; Sale of Non-core Assets for $35.6 Million; Record Weekly Production; New Bank Line Review

CALGARY, Feb. 11, 2015 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") delivered excellent results with respect to the Company's 2014 year end reserves. Highlights: Surge's net asset value (NAV)1 per share for December 31, 2014 is $7.36 utilizing the lower crude oil price deck used by Surge's external engineers. Increased Proved plus Probable reserves by 52% to 112.0 million boe as compared to December 31, 2013 reserves of 73.5 million boe. Increased Proved plus Probable reserves [Read more]