BOE Report

Black Swan Energy announces $150 million equity investment

CALGARY, Dec. 3, 2013 /CNW/ - Black Swan Energy Ltd. today announced that it has completed a $150 million increase in the equity capital commitments from its existing shareholders which include Warburg Pincus, Canada Pension Plan Investment Board and KERN Partners. This brings the total capital commitment from its shareholders to $501 million, with the new capital being used to fully fund the appraisal and early development of its current properties. Black Swan is focused on its growing base of [Read more]

Surge Energy Inc. closes previously announced core area crude oil acquisition, conversion of subscription receipts, upwardly revised guidance and increased dividend

CALGARY, Dec. 3, 2013 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) is pleased to announce that it has now closed the previously announced acquisition (the "Acquisition") of a high quality, low decline, operated, crude oil producing asset strategically located near Wainwright in the Company's core area of Central Alberta (the "Assets"). The Assets include over 980 barrels per day of primarily medium gravity crude oil production (with a historical nine percent annual decline), [Read more]

Kelt Exploration Ltd. closes equity financings for $101.06 million

CALGARY, Dec. 3, 2013 /CNW/ - ("KEL" - TSX) - Kelt Exploration Ltd. ("Kelt" or the "Company") is pleased to announce that it has completed a bought deal private placement offering (the "Brokered Offering") with a syndicate of underwriters led by Peters & Co. Limited and including CIBC World Markets Inc., FirstEnergy Capital Corp., RBC Capital Markets, National Bank Financial Inc., Scotia Capital Inc., AltaCorp Capital Inc., Cormark Securities Inc., GMP Securities Inc., Dundee Capital Markets [Read more]

Sunshine Oilsands Ltd. Announces Private Placement Financing of HK $336 Million of Common Shares and Warrants Under the General Mandate

CALGARY, Alberta and HONG KONG, Dec. 3, 2013 /CNW/ - Sunshine Oilsands Ltd. ("Sunshine" or the "Corporation") (HKEX: 2012, TSX: SUO) is pleased to announce that it has received and accepted irrevocable subscription agreements (the "Subscription Agreements ") for 197,976,471 units of the Corporation ("Units") at a price of HK $1.70 per Unit (the "Subscription Price") (approximately CDN $0.23 per Unit at current exchange rates) for total gross proceeds of HK $336,560,000 (approximately CDN $46.1 [Read more]

Enerplus Increases 2013 Production Estimate and Forecasts 10% Production Growth in 2014

This news release includes forward-looking statements and information within the meaning of applicable securities laws. Readers are advised to review the "Cautionary Note Regarding Forward-Looking Information and Statements" at the conclusion of this news release. For information regarding the presentation of certain information in this news release, see "Currency, BOE and Operational Information" at the conclusion of this news release. CALGARY, Dec. 2, 2013 /CNW/ - Enerplus Corporation [Read more]

Novus Energy Inc. announces third quarter 2013 results

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S./ CALGARY, Nov. 29, 2013 /CNW/ - Novus Energy Inc. ("Novus" or the "Company") (TSXV: NVS) announces that it has filed its unaudited condensed interim financial statements and management's discussion and analysis ("MD&A") as at and for the three and nine months ended September 30, 2013. These may be accessed through the SEDAR website www.sedar.com under the Company's profile and at the Company's website [Read more]

Ironhorse Announces Closing of Asset Sale and Results Of Annual General Meeting

CALGARY, Nov. 28, 2013 /CNW/ - Ironhorse Oil & Gas Inc. ("Ironhorse" or the "Company") (TSX-V: IOG) announces the following: Ironhorse is pleased to announce that on November 27, 2013 Ironhorse completed the sale of its interest in the Leon Lake area of Saskatchewan for proceeds of $7.2 million dollars. Proceeds were used to repay the outstanding bank debt of $3.4. Remaining funds of approximately $3.8 million will be used to fund capital expenditures required to complete the final [Read more]

Tilbury LNG Facility expansion and natural gas for transportation boosted by government announcement

FortisBC transportation and natural gas customers benefit from changes SURREY, BC, Nov. 28, 2013 /CNW/ - FortisBC, a subsidiary of Fortis Inc. (TSX: FTS) commends the B.C. government for changes announced today that will help to increase FortisBC's ability to rapidly and cost-effectively supply liquefied natural gas (LNG) to the B.C. marketplace. The changes include updates to the greenhouse gas reduction regulation and directions to the BC Utilities Commission (BCUC), including the exemption of [Read more]

Madalena Announces Third Quarter 2013 Financial Results and Operations Update

TSXV Trading Symbol: MVN CALGARY, Nov. 28, 2013 /CNW/ - Madalena Energy Inc. (TSXV: MVN) (the "Company" or "Madalena") is pleased to announce the filing on SEDAR of the unaudited interim consolidated financial statements and related Management's Discussion and Analysis ("MD&A") for the three and nine months ended September 30, 2013. Selected financial and operational information is outlined below and should be read in conjunction with Madalena's unaudited interim consolidated financial [Read more]

Pembina Pipeline Corporation Announces Capital Spending Plan of $1.5 Billion in 2014 and Provides Commercial and Operational Update

(All financial figures are approximate and in Canadian dollars unless otherwise noted.) CALGARY, Nov. 28, 2013 /CNW/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced that its Board of Directors has approved a capital spending plan of approximately $1.5 billion for 2014. This is approximately 56 percent higher than last year's capital budget and represents the largest in the Company's history. "Pembina's capital spending plan for 2014 is indicative of [Read more]