BOE Report

Keyera Announces January 2015 Dividend

CALGARY, Jan. 9, 2015 /CNW/ - Keyera Corp. (TSX:KEY) ("Keyera") announced today a cash dividend for January 2015 of 21.5 cents per common share. The dividend will be payable on February 17, 2015, to shareholders of record on January 22, 2015. The ex-dividend date is January 20, 2015. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). For non-resident shareholders, Keyera's dividends are subject to Canadian withholding tax. About Keyera Corp. Keyera Corp. [Read more]

Bellatrix to present at the TD Securities 2015 London Energy Conference

TSX, NYSE: BXE CALGARY, Jan. 9, 2015 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE) is pleased to announce that Brent Eshleman, Executive Vice President & COO, will be presenting at the TD Securities 2015 London Energy Conference on Monday, January 12, 2015 at 3:05 p.m. GMT in London, England. A copy of the updated corporate presentation is available on Bellatrix's website at http://www.bellatrixexp.com. Bellatrix Exploration Ltd. is a Western Canadian based [Read more]

Tariff Amendments will provide greater clarity to shippers

CALGARY, 8 Jan. 2015 /CNW/ - The National Energy Board (NEB or Board) today approved the application by Trans Mountain Pipeline ULC (Trans Mountain) to revise its procedures for verifying the validity of nominations for shipments on the Trans Mountain Pipeline (Pipeline).   In a decision (MH-002-2012) issued in July 2013, the Board found that Trans Mountain's procedures in place at that time were likely contributing to apportionment issues on the Pipeline. As a result, the Board directed Trans [Read more]

Media Advisory – Unifor to comment on Trans Mountain Pipeline toll decision

VANCOUVER, Jan. 8, 2015 /CNW/ - Canada's energy workers' union will be available to comment following the release of the National Energy Board's (NEB) decision about tolls on Kinder Morgan's existing Trans Mountain Pipeline. The decision will be announced at 1:30 p.m. Pacific Time. The NEB began a review of the process of apportionment for oil drawn from the pipeline in October 2013. In evidence submitted to the NEB, Unifor demonstrated that larger American refineries bid for vastly more oil [Read more]

Surge Energy Inc. exceeds 2014 exit rate; announces capital program for first half of 2015; reduces dividend

CALGARY, Jan. 7, 2015 /CNW/ - Surge Energy Inc. ("Surge" or "the Company") announced today that, until such time as the Company receives tangible clarity with respect to world oil prices, Surge's management and Board are adopting a very conservative capital spending program for the first half of 2015, which is designed to protect both the Company's net asset value ("NAV"), and Surge's balance sheet. This conservative capital expenditure program in the first half of 2015, however, will still [Read more]

Athabasca Oil Corporation Announces Board of Directors Appointments and Executive Promotion

CALGARY, Jan. 7, 2015 /CNW/ - Athabasca Oil Corporation (TSX: ATH) ("Athabasca" or "the Company") is pleased to announce the appointment of Carlos Fierro and Paul Haggis to its Board of Directors ("Board").  The Board has also promoted Rob Broen, the Company's current Chief Operating Officer, to the position of President and Chief Operating Officer.  Tom Buchanan continues as Athabasca's Chief Executive Officer. Mr. Fierro is a former investment banker and attorney based in Washington, DC.  [Read more]

ARC Resources Ltd. Announces Bought Deal Financing and Reduced 2015 Capital Program

CALGARY, Jan. 7, 2015 /CNW/ - (ARX - TSX) ARC Resources Ltd. ("ARC") announced today that it has entered into an agreement to sell 15.5 million common shares at $22.55 per share to raise gross proceeds of approximately $350 million on a bought deal basis.  The issue will be made through a syndicate of underwriters led by RBC Capital Markets.  The net proceeds will be used to temporarily reduce bank indebtedness, increase working capital and to fund ongoing capital expenditure programs. This [Read more]

Rifle Shot Oil Corp. announces initial financing by ARC Financial Corp.

CALGARY, Jan. 7, 2015 /CNW/ - Rifle Shot Oil Corp. ("Rifle Shot" or the "Company") is pleased to announce the closing of its initial financing by ARC Financial Corp. Rifle Shot is a private company focused on acquiring conventional oil reservoirs and applying the latest development technologies to increase production and oil recovery. The Company, headquartered in Calgary, is looking to deploy approximately $100 million of equity. The Rifle Shot team is a highly technical group of [Read more]

Madalena comments on Argentina oil prices and provides a 2015 Capital Budget update

TSXV Trading Symbol: MVNOTC Trading Symbol: MDLNF CALGARY, Jan. 7, 2015 /CNW/ - Madalena Energy Inc. ("Madalena" or the "Company") (TSXV: MVN and OTC: MDLNF) provides the following comments on recent changes to regulated Argentina oil prices and updates its 2015 Capital Budget as outlined below. REGULATED ARGENTINA OIL PRICE MARKET In Argentina, oil prices are set by the government for product sold into the domestic oil market, which is where Madalena sells the oil from its Argentine operations. [Read more]

Another Mid-tolarge Sized Natural Gas Discovery Made on Independent Deepwater Exploration

HONG KONG, Jan. 6, 2015 /CNW/ -- CNOOC Limited (the "Company", NYSE: CEO, SEHK: 00883, TSX: CNU) today announces that the Company has successfully made a new mid-to-large sized natural gas discovery Lingshui 25-1 on the independent deepwater exploration. Logo - http://www.prnasia.com/sa/200701301659.jpg The Lingshui 25-1 structure is located in the northeast of Ledong Sag in Qiongdongnan Basin of South China Sea, with an average water depth of about 980 meters. The discovery well Lingshui 25-1-1 [Read more]