BOE Report

PanTerra Resource Corp. Announces Name Change to Ikkuma Resources Corp. and Share Consolidation

CALGARY, Sept. 19, 2014 /CNW/ - PanTerra Resource Corp. (the "Corporation") (TSX VENTURE: PRC) is pleased to advise that it has completed its previously announced name change and consolidation. The Corporation's name has been changed from "PanTerra Resource Corp." to "Ikkuma Resources Corp." (the "Name Change").  The articles of the Corporation were also amended to consolidate the issued and outstanding common shares of the Corporation ("Common Shares") on the basis of one (1) [Read more]

Enerplus Announces Cash Dividend for October 2014, Changes Payment and Record Dates and Suspends Stock Dividend Program

CALGARY, Sept. 19, 2014 /CNW/ - Enerplus Corporation ("Enerplus") (TSX: ERF) (NYSE: ERF) is pleased to announce that a cash dividend in the amount of CDN$0.09 will be payable on October 15, 2014 to all shareholders of record at the close of business on September 30th, 2014.  The ex-dividend date for this payment is September 26th, 2014. Effective with the October 2014 dividend, all dividends will now be paid on or about the 15th day of the month, approximately five days earlier than previously [Read more]

Penn West Announces its Financial Results for the Second Quarter Ended June 30, 2014

CALGARY, Sept. 18, 2014 /CNW/ - PENN WEST PETROLEUM LTD. (TSX – PWT; NYSE – PWE) ("Penn West", the "Company", "we", "us" or "our") is pleased to announce its financial results for the second quarter ended June 30, 2014.  The Company previously announced its key operating results for the second quarter on July 29, 2014.  All figures are in Canadian dollars unless otherwise stated.  All comparative figures for the three and six month periods ended June 30, 2013 are as [Read more]

Penn West Provides Results of Internal Review of Accounting Practices, Files Restated Financial Statements and Confirms No Impact on Strategic Direction

CALGARY, Sept. 18, 2014  /CNW/ - PENN WEST PETROLEUM LTD. (TSX – PWT) (NYSE – PWE) ("Penn West", the "Company", "we" or "our") today announced the results of the voluntary internal review (the "Review") undertaken by the Audit Committee of certain accounting practices, completed the restatement of certain financial statements and related management's discussion and analysis ("MD&A"), and confirmed that the Audit Committee's findings do not impact Penn West's strategic direction. The Audit [Read more]

Cenovus provides update on Foster Creek

First oil achieved at phase F CALGARY, Sept. 17, 2014 /CNW/ - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) achieved first oil production at its recently-completed Foster Creek phase F expansion earlier this month. Phase F is expected to add 30,000 barrels per day (bbls/d) of capacity, with production ramping up over the next 12 to 18 months. By year-end, production from phase F is expected to be approximately 5,000 bbls/d. Phases G and H are under construction and are expected to add another [Read more]

Seven Generations Announces Increase to Revolving Credit Facility

CALGARY, Sept. 15, 2014 /CNW/ - Seven Generations Energy Ltd. ("7G" or "the Company") and its lending syndicate have agreed to an amendment to 7G's senior secured revolving credit arrangement that has increased the borrowing capacity from $150 million to $480 million and extended the maturity date of the facility to September 2017.  RBC Capital Markets led the facility upsize and amendment, acting as Lead Arranger and Sole Bookrunner.  In addition to existing lenders Credit Suisse, Canadian [Read more]

Seven Generations Announces Executive Changes

CALGARY, Sept. 15, 2014 /CNW/ - Seven Generations Energy Ltd. ("7G" or the "Company") is pleased to announce that Mr. Randy Evanchuk, Executive Vice President, has agreed to lead the Company's health, safety and environment activities and Mr. Randy Hnatuik has joined 7G as Vice President Business Development. Mr. Evanchuk is now responsible for the Company's pursuit of excellence in health, safety and environmental performance.  Previously, he was responsible for leading production, facility [Read more]

Seven Generations Energy Expands Liquids Transportation Relationship with Pembina

CALGARY, Sept. 15, 2014 /CNW/ - Seven Generations Energy Ltd. ("7G" or the "Company") is pleased to announce that it has increased its contracted volumes with Pembina Pipeline Corporation and its affiliates ("Pembina").  7G has increased its volumes on Pembina's Peace Pipeline Phase III Expansion by 91% to 40,695 barrels per day, such service to commence upon the completion of Pembina's Phase III Expansion expected in late-2016 to mid-2017. This volume is primarily comprised of condensate, and [Read more]

Ivanhoe Energy’s Chief Financial Officer Resigns

CALGARY, Sept. 15, 2014 /CNW/ - Ivanhoe Energy Inc. (TSX: IE; NASDAQ: IVAN) announced today that Senior Vice President, Finance and Chief Financial Officer (CFO), Greg Phaneuf, is leaving Ivanhoe Energy to accept a role with another company. Mr. Phaneuf's resignation is effective October 10, 2014 and he will continue in the role until that date to assist the Company with the transition to a new CFO. We appreciate Greg's efforts on behalf of Ivanhoe Energy and wish him well as he embarks on [Read more]

Teine Energy Ltd. announces closing of private offering of senior unsecured notes

CALGARY, Sept. 12, 2014 /CNW/ - Teine Energy Ltd. ("Teine") has closed its previously announced senior unsecured notes offering (the "Notes Offering"). Teine has issued US$350 million in aggregate principal amount of 6.875% senior unsecured notes due in 2022 (the "Notes"). The Notes were issued pursuant to an indenture dated as of September 12, 2014, by and between Teine and Wilmington Trust, National Association, as trustee. The Notes have not been and will not be registered under the U.S. [Read more]