BOE Report

Marquee Energy announces closing of strategic non-core asset disposition

CALGARY, Sept. 30, 2014 /CNW/ - Marquee Energy Ltd. ("Marquee" or the "Company") (TSXV: "MQL") is pleased to announce that it has completed the previously announced disposition of its non-core, gas-weighted asset located in the Pembina area of western Alberta (the "Transaction"). Consideration for the Transaction totalled approximately $14 million, with an effective date of September 1, 2014. Subsequent to the Transaction, the Company's lenders confirmed that Marquee's total credit [Read more]

Pembina Pipeline Corporation Announces Resignation of Board Member

CALGARY, Sept. 30, 2014 /CNW/ - Pembina Pipeline Corporation ("Pembina" or "the Company") (TSX: PPL; NYSE: PBA) announced today that pursuant to Thomas (Tom) W. Buchanan accepting the position of President and Chief Executive Officer of Athabasca Oil Corporation effective October 1, 2014, he has tendered his resignation from Pembina's Board of Directors (the "Board") effective immediately. "Tom, who joined Pembina's Board in 2010, has been an excellent director for the Company, investing his [Read more]

Jupiter Resources completes the acquisition of Encana’s Bighorn assets

CALGARY, Sept. 30, 2014 /CNW/ - Jupiter Resources Inc. ("Jupiter Resources") announced today that it has successfully completed the acquisition of Encana's Bighorn assets in the Alberta Deep Basin for CAD$2.0 billion (before closing adjustments). The Bighorn acquisition was originally announced on June 26, 2014. Jupiter Resources Jupiter Resources is a private oil and gas exploration and production company focused on liquids-rich natural gas properties in Western Canada. Jupiter Resources is [Read more]

CIOC Announces Continued Success of the Company’s Liquids-Rich Montney Drilling Program

CALGARY, Sept. 30, 2014 /CNW/ - Canadian International Oil Corp. ("CIOC" or the "Company") is pleased to provide an operational update on the Company's Montney activity. Recent 24-hour Montney test rates of over 3,500 boe/d at Gold Creek and 2,300 boe/d at Karr Notable drilling and completion cost achievements at Gold Creek Acquisition of an additional 25 net sections of highly prospective Montney undeveloped land CIOC continues an active drilling program in the Gold Creek and Karr [Read more]

Imperial successfully completes Kearl turnaround

First major maintenance turnaround completed with no lost-time safety incidents CALGARY, Sept. 30, 2014 /CNW/ - Imperial Oil Limited today announced the completion of a major planned maintenance turnaround at its Kearl facilities. "We would like to wholeheartedly congratulate and thank our contractors and employees for completing this major turnaround without a lost-time safety incident," said John Whelan, Imperial Production Manager, Mining. "This was our first major planned maintenance [Read more]

Whitecap Resources Inc. Announces Satisfaction of Conditions to the Completion of the Takeover Bid for the Common Shares of Forge Petroleum Corporation

CALGARY, Sept. 30, 2014 /CNW/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) is pleased to announce that 43,155,087 common shares of Forge Petroleum Corporation ("Forge Shares"), representing over 99% of the issued and outstanding Forge Shares, have been validly tendered pursuant to Whitecap's offer to purchase (the "Offer") all of the issued and outstanding Forge Shares.  Whitecap has directed the depositary, Olympia Trust Company (the "Depositary"), to take up and pay for all of the Forge [Read more]

Bellatrix announces that Grafton has committed an additional $250 million towards further joint venture development

CALGARY, Sept. 30, 2014 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE MKT: BXE) is pleased to announce that based upon the success of the first joint venture with Grafton Energy Co I Ltd. ("Grafton Fund 1"), Bellatrix has entered into a new multi-year joint venture arrangement with Canadian Non-Operated Resources Corp. ("CNOR"), a non-operated oil and gas company managed by Grafton Asset Management Inc. pursuant to which CNOR has committed $250 million in capital [Read more]

PrairieSky Royalty Announces Change to the Board of Directors

CALGARY, Sept. 30, 2014 /CNW/ - PrairieSky Royalty Ltd. ("PrairieSky") (TSX:PSK) announces that Sherri Brillon has resigned from PrairieSky's Board of Directors effective today's date. Ms. Brillon was a nominee to the PrairieSky Board of Directors under the Governance Agreement with Encana Corporation ("Encana"), which terminated upon closing of the previously announced secondary offering by Encana of its remaining share position in PrairieSky. The Board of Directors wishes to thank Ms. [Read more]

Marquee Energy Announces Sale of Non-Core Asset for $14 Million and Maintains 2014 Production Guidance

CALGARY, Sept. 25, 2014 /CNW/ - Marquee Energy Ltd. ("Marquee" or the "Company") (TSXV: "MQL") announces that it has entered into a purchase and sale agreement for the sale of a non-core, gas-weighted asset in the Pembina area of western Alberta for total consideration of $14 million, prior to customary closing adjustments (the "Transaction"). The Transaction is expected to close on or about September 30, 2014, subject to applicable regulatory approvals. The asset's current production is [Read more]

Pembina Pipeline Corporation Provides Project Updates

CALGARY, Sept. 25, 2014 /CNW/ - Pembina Pipeline Corporation ("Pembina" or "the Company") (TSX: PPL; NYSE: PBA) provided an update on projects in several of the Company's business units. Gas Services Pembina is pleased to announce that it has commenced commissioning and extracted its first natural gas liquids ("NGL") barrels through its recently constructed 200 million cubic feet per day ("mmcf/d") (134 mmcf/d net) Resthaven gas processing facility ("Resthaven"). Commissioning will [Read more]