BOE Report

National Energy Board to hold oral hearing on Trans Mountain Pipeline motion for access to Burnaby Mountain and Notice of Constitutional Question

CALGARY, Oct. 7, 2014 /CNW/ - The National Energy Board (NEB or the Board) will hear oral arguments on a motion from Trans Mountain Pipeline seeking an order for access to Burnaby Mountain. The motion also includes a Notice of Constitutional Question. The hearing will begin at 9 am (MDT) on 9 October at the National Energy Board's offices in Calgary and the public is welcome to attend. The hearing is expected to last for one to two days. Trans Mountain is requesting an NEB order which would [Read more]

Pembina Pipeline Corporation Appoints New Board Member

CALGARY, Oct. 7, 2014 /CNW/ - Pembina Pipeline Corporation ("Pembina" or "the Company") (TSX: PPL; NYSE: PBA) announced today that Ms. Anne-Marie Ainsworth has been appointed to the Board of Directors effective October 7, 2014. Ms. Ainsworth has served as President and Chief Executive Officer and a member of the board of directors of the general partner of Oiltanking Partners, L.P., a Houston, Texas-based company engaged in terminalling, storing and transporting crude oil, refined petroleum [Read more]

Mountainview Energy Ltd. announces Equity Offering for proceeds up to $25 million

CUT BANK, MT, Oct. 6, 2014 /CNW/ - Mountainview Energy Ltd. ("Mountainview" or the "Corporation") is pleased to announce that its board of directors has approved a private placement through an agent (the "Agent"), pursuant to which the Agent will offer for sale up to units of the Corporation ("Units") for aggregate gross proceeds of up to $25 million, or such greater amount as may be determined by Mountainview (the "Offering").  Each Unit will consist of one common share of Mountainview at a [Read more]

Exall Energy Corporation announces revised process to pay out existing credit facility

CALGARY, Oct. 6, 2014 /CNW Telbec/ - Exall Energy Corporation ("Exall" or the "Company") (TSX:EE and TSX:EE.DB) announced today that further to its September 25, 2014 announcement, one of the syndicate members that was providing the underlying funding for a debenture purchase agreement (the "Agreement") with a private Canadian lender (the "Lender") has agreed as a preliminary step to pay out Exall's existing facility with Exall's current senior Canadian lender (the "Facility') in full, in [Read more]

Ikkuma Resources Corp. Announces a $65 million Capital Expenditure Budget for Q4 2014 & 2015

CALGARY, Oct. 6, 2014 /CNW/ - Ikkuma Resources Corp. ("Ikkuma" or the "Corporation") is pleased to announce that the Corporation's Q4 2014 & 2015 capital expenditure budget, in the amount of $65 million, has been approved by the Corporation's Board of Directors.  Ikkuma has built a drilling schedule consisting of approximately 25 (19 net) drill locations, based on by-pass pay, which represents more than 2 years of drilling inventory. Most of Ikkuma's operations are expected to be executed [Read more]

Seven Generations Energy Announces Contingent and Prospective Resource Update

CALGARY, Oct. 3, 2014 /CNW/ - Seven Generations Energy Ltd. ("7G" or the "Company") is pleased to announce the results of a recent independent resource evaluation performed by McDaniel & Associates Consultants Ltd.  ("McDaniel"). McDaniel prepared the evaluation in compliance with the standards set out in National Instrument 51-101 of the Canadian Securities Administrators and the Canadian Oil and Gas Evaluation Handbook (COGEH). As of the effective date of the most recent assessment, July 1, [Read more]

Seven Generations Announces Hydraulic Fracturing Deal with Schlumberger Canada

CALGARY, Oct. 2, 2014 /CNW/ - Seven Generations Energy Ltd. ("7G" or the "Company") is pleased to announce that it has reached agreement with Schlumberger Canada ("Schlumberger") whereby Schlumberger will provide continuous service of one hydraulic fracture stimulation spread (the "Spread") with sufficient staffing to supply 24-hour operations to 7G. "Spread" is the industry term used to describe all of the equipment required to blend and pump the slurry used to hydraulically fracture deep [Read more]

Keyera Corp. Announces Executive Appointments

CALGARY, Oct. 2, 2014 /CNW/ - The Board of Dirctors of Keyera Corp. (TSX:KEY) ("Keyera") is pleased to announce that David Smith, currently Keyera's President and Chief Operating Officer, will become President and Chief Executive Officer and that Jim Bertram, currently Chief Executive Officer, will be assuming the role of Executive Chair of the Board of Directors, all effective January 1, 2015. In connection with these changes, Douglas Haughey will be appointed as Keyera's Independent Lead [Read more]

Bellatrix announces transfer of listing from NYSE MKT to the New York Stock Exchange

CALGARY, Oct. 1, 2014 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE MKT: BXE) is pleased to announce that it will transfer the listing of its common shares from NYSE MKT to the New York Stock Exchange ("NYSE"). Bellatrix expects its common shares to begin trading on the NYSE on Monday, October 6, 2014, under its current ticker symbol "BXE". The Company's common shares will continue to trade on the NYSE MKT until the transfer is complete. The Company's common shares [Read more]

Whitecap Resources Inc. Announces Closing of Previously Announced Acquisition of a Controlling Interest in a Premier Sweet Light Oil Pool

CALGARY, Oct. 1, 2014 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to announce that it has successfully completed its previously announced acquisitions to consolidate a controlling interest in a premier conventional Nisku light sweet oil pool at Elnora, Alberta located just 50 miles east of its Garrington core area (the "Acquisition"). The aggregate purchase price of the Acquisition was $266.7 million, which is net of customary closing adjustments. The [Read more]