BOE Report

InterOil Corporation: Arbitration Claims Dismissed – Total Declared a Party to PRL 15 JVOA

SINGAPORE and PORT MORESBY, Papua New Guinea, Feb. 10, 2015 /PRNewswire/ -- InterOil Corporation (NYSE: IOC; POMSoX: IOC) advises that the International Chamber of Commerce arbitration panel has dismissed all claims by the PAC LNG companies, affiliates of Oil Search Limited, to pre-emptive rights over a share sale and purchase agreement involving an interest in the Elk-Antelope gas field in Papua New Guinea. The Tribunal has declared that Total E&P PNG Limited is a party to the Petroleum [Read more]

CNOOC Signs PSCs With SK

HONG KONG, Feb. 10, 2015 /CNW/ -- CNOOC Limited (the "Company", NYSE: CEO, SEHK: 00883, TSX: CNU) announced today that its parent company, China National Offshore Oil Corporation (CNOOC), has signed two production sharing contracts (PSCs) with SK Innovation Co., Ltd. (SK) for Blocks 04/20 and 17/03 in the South China Sea. The two blocks mentioned above are located in the Pearl River Mouth Basin. Block 04/20 covers a total area of 5,138 square kilometers and has a water depth of 50-100 meters. [Read more]

Pembina Pipeline Corporation Announces February 2015 Dividend and Fourth Quarter/Annual 2014 Results Conference Call and Webcast

CALGARY, Feb. 6, 2015 /CNW/ - The Board of Directors of Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) has declared a common share cash dividend for February 2015 of $0.145 per share to be paid, subject to applicable law, on March 13, 2015 to shareholders of record on February 25, 2015. This dividend is designated an "eligible dividend" for Canadian income tax purposes. For non-resident shareholders, Pembina's common share dividends should be considered [Read more]

Ivanhoe Energy receives Nasdaq deficiency letter relating to audit committee

VANCOUVER, Feb. 6, 2015 /CNW/ - Ivanhoe Energy Inc. (TSX: IE; Nasdaq: IVAN) (TSX: IE.DB) received a letter, dated February 3, 2015, from the Listing Qualifications Department of the NASDAQ Stock Market (Nasdaq) indicating that following the resignation of Robert Pirraglia from the company's board of directors on January 18, 2015, as disclosed in the company's January 19, 2015 news release, the company fails to comply with Listing Rule 5605. Listing Rule 5605 requires a listed company to have an [Read more]

The NEB imposes additional obligations for Enbridge's Line 9, approves two conditions

CALGARY, Feb 6, 2015 /CNW/ - The National Energy Board (NEB) has approved two of Enbridge's condition filings with regard to the Line 9B Reversal and Line 9 Capacity Expansion Project (Line 9) while imposing additional obligations for the lifecycle of the project. Enbridge's previous submissions on conditions 16 (valve placement) and 18 (watercourse crossing management plans) were insufficient.  Based on additional information provided by Enbridge, the NEB has found that the company has [Read more]

Bellatrix to present at the upcoming 2015 NBF Energy Conference and announces updated commodity risk management contracts

CALGARY, Feb. 6, 2015 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE) is pleased to announce that Ray Smith, President & CEO, and Steve Toth, VP Investor Relations will be attending the 2015 NBF Energy Growth Income Conference on Wednesday, February 11, 2015 in Toronto, Ontario. Bellatrix recently added to its 2015 risk management program with the addition of 50 MMcf/d of natural gas fixed price swaps for the period of March 1 through December 31, 2015 [Read more]

Connacher Reports Year-End 2014 Reserves

CALGARY, Feb. 5, 2015 /CNW/ - Connacher Oil and Gas Limited (CLL – TSX; "Connacher" or the "Company") announces its year-end reserves as of December 31, 2014, as evaluated by GLJ Petroleum Consultants Ltd. ("GLJ"), independent qualified reserves evaluators. Proved producing reserves decreased by 10 per cent to 20.2 million barrels taking into account additions and bitumen sales of 5.06 million barrels for the year. Estimated proved ("1P") bitumen reserves totaled approximately 219 million [Read more]

Cenovus to hold conference call and webcast on fourth quarter and year-end 2014 results

CALGARY, Feb. 5, 2015 /CNW/ - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) will release its fourth quarter and year-end 2014 results on Thursday, February 12, 2015. The news release will provide consolidated fourth quarter and year-end 2014 operating and financial information. Financial statements will be available on the company's website, cenovus.com. A conference call and webcast to discuss the results will be held for the investment community at 9 a.m. MT (11 a.m. ET). To participate, please [Read more]

TORC Oil & Gas Announces Strategic Acquisition and Asset Swap in Southeast Saskatchewan and Increase to 2015 Production Guidance

CALGARY, Feb. 5, 2015 /CNW/ - TORC Oil & Gas Ltd. ("TORC" or the "Company") (TSX:TOG) is pleased to announce that it has entered into an agreement to acquire light oil assets which are complementary to TORC's existing conventional assets in southeast Saskatchewan.  The strategic acquisition (the "Acquisition") includes over 1,550 boepd (94% light oil and liquids) of high quality, low decline, strong netback, light oil producing assets (the "Acquired Assets").  Total consideration for the [Read more]

Prairie Storm Energy Corp. Announces $400 million Equity Financing From Natural Gas Partners

CALGARY, Feb. 4, 2015 /CNW/ - The management team of Hugh Ross, Ketan Panchmatia, Greg Groten, Rob Morrison and Julian Din today announced the formation of Prairie Storm Energy Corp. ("Prairie Storm" or the "Company") and the closing of an equity financing commitment with Natural Gas Partners, through its affiliate, NGP Natural Resources XI, L.P. ("NGP") of up to $400 million. The Company will be led by Hugh Ross as President & CEO, Ketan Panchmatia as VP Finance & CFO, Greg Groten as [Read more]