BOE Report

Palliser Provides Operations Update

CALGARY, Oct. 13, 2014 /CNW/ - Palliser Oil & Gas Corporation ("Palliser" or the "Company") (TSX VENTURE: PXL) wishes to provide an operations update. In the third quarter of 2014, Palliser completed a seven (4.25 net) well capital program.  The seven well capital program was a part of farmout agreements in which the capital expenditures on the program were completed at minimal cash cost to Palliser, with certain surface equipment for most of the wells supplied from Palliser's inventory [Read more]

Ivanhoe Energy receives US$2.2 million short-term loan from Executive Co-Chairman Robert Friedland

CALGARY, Oct. 10, 2014 /CNW/ - Ivanhoe Energy Inc. (TSX: IE; NASDAQ: IVAN) announced today that the company's working capital has been augmented by a US$2.2 million (approximately C$2.4 million) secured bridge loan provided by founder and Executive Co-Chairman, Robert Friedland. In addition, concurrent with the advancing of the bridge loan, Mr. Friedland also has resigned as the Executive Co-Chairman and as a director of the company. Mr. Friedland remains the largest shareholder of the [Read more]

Pembina Pipeline Corporation Announces Resthaven Plant Expansion

Long-term agreement with Mosaic Energy Ltd. underpins $170 million gas plant expansion and associated new gathering pipeline CALGARY, Oct. 10, 2014 /CNW/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that it has entered into commercial agreements to proceed with a $170 million expansion of the Company's recently completed Resthaven Facility (a 200 million cubic feet per day ("MMcf/d") (134 MMcf/d net to Pembina) gas processing facility) and to [Read more]

Connacher Announces New Board Members

CALGARY, Oct. 9, 2014 /CNW/ - Connacher Oil and Gas Limited (CLL - TSX; "Connacher" or the "Company") announces that Daryl Gilbert and C.W. Leigh Cassidy have been appointed to its Board of Directors. Mr. Gilbert is best known in the industry for his work as an independent consultant in reserves evaluation through his work with Gilbert Laustsen Jung Associates Ltd., now GLJ Petroleum Consultants Ltd. ("GLJ"). Mr. Gilbert was President and Chief Executive Officer of GLJ and retired in 2005. [Read more]

Pembina Pipeline Corporation Reveals Plans for Diluent Terminal Development

CALGARY, Oct. 9, 2014 /CNW/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) today announced plans to proceed with construction of the Canadian Diluent Hub ("CDH"), a large-scale condensate and diluent terminal at its Heartland Terminal site near Fort Saskatchewan, Alberta. The initial phase of CDH development is estimated to cost $350 million and will include 600,000 barrels of above ground storage, multiple inbound and outbound pipeline connections, plus [Read more]

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]