BOE Report

National Energy Board Responds to Gas Pipeline Rupture Southeast of Boyle, AB

CALGARY, Nov. 27, 2013 /CNW/ - The National Energy Board (NEB or Board) is responding to a pipeline rupture on the Nova Gas Transmission Ltd (NGTL) pipeline system approximately 14 kilometres southeast of Boyle, AB owned and operated by TransCanada Pipelines Ltd (TransCanada). The release was reported to the NEB late this morning. The size of the release has yet to be determined by the NEB. There is no immediate safety concern for local residents and precautions are being taken to ensure [Read more]

National Energy Board to Join FracFocus.ca

CALGARY, Nov. 27, 2013 /CNW/ - The National Energy Board (NEB or the Board) will soon request companies regulated under the Canada Oil and Gas Operations Act (COGOA) to publicly disclose information on the fluids used in hydraulic fracturing operations. Today the NEB signed an agreement with the BC Oil and Gas Commission, and the US-based Ground Water Protection Council and Interstate Oil and Gas Compact Commission to participate in the Fracfocus.ca website. "We understand that Canadians demand [Read more]

Parliamentary Commission on the Pipeline Line 9B Reversal Project – Access to Western oil is necessary to ensure the future of Quebec’s refining industry

LÉVIS, QC, Nov. 27, 2013 /CNW Telbec/ - The future of Quebec's refining industry depends on having access to quality crudes at competitive prices, and this means access to Western oil. This is the conclusion of a submission presented today by Valero Energy Inc. (‟Valero") during consultations conducted by the Agriculture, Fisheries, Energy and Natural Resources Commission on the Pipeline 9B Reversal Project proposed by Enbridge. ‟The future of refineries depends on huge [Read more]

Chambre de commerce de l’Est de Montreal voices its support for Enbridge’s Line 9B reversal project

MONTREAL, Nov. 27, 2013 /CNW Telbec/ - The Chambre de commerce de l'Est de Montréal (CCEM), which represents more than 1,200 members, today reiterated its support for the proposed reversal of Enbridge's Line 9B before the parliamentary commission that is examining the project. "By enabling them to procure crude oil at better prices, reversing Line 9B would ensure the competitiveness of our refineries and petrochemical companies," said Isabelle Foisy, executive director of the CCEM. "There are [Read more]

Hawk announces third quarter 2013 results

CALGARY, Nov. 27, 2013 /CNW/ - Hawk Exploration Ltd. ("Hawk" or the "Corporation") is pleased to announce its results for the three and nine months ended September 30, 2013. HIGHLIGHTSHighlights for the three months ended September 30, 2013 were as follows: Generated record cash flow from operations of $2.1 million in the third quarter, a 47% increase from the $1.4 million of cash flow generated in the third quarter of 2012; Achieved an operating netback of $46.90 per boe in the third quarter of [Read more]

PanTerra Announces Board Appointment

TSX-V: PRC CALGARY, Nov. 26, 2013 /CNW/ - PanTerra Resource Corp. ("PanTerra" or the "Company") is pleased to announce that Ms. Pat Nelson has joined the Company's Board of Directors. Ms. Nelson is a welcome addition to PanTerra and brings a wealth of oil & gas and business experience to its Board. Ms. Nelson served for fifteen years as an elected member of the Alberta Legislative Assembly where she held office as Minister of Energy, Minister of Economic Development and Tourism as well as [Read more]

Marquee Energy Ltd. announces closing of $8.2 million private placement financing of Flow-Through Shares

CALGARY, Nov. 26, 2013 /CNW/ - Marquee Energy Ltd. ("Marquee") (TSX-V: MQL) is pleased to announce that it has closed its previously announced private placement of 8,000,500 common shares in the capital of Marquee ("Common Shares") issued on a Canadian exploration expense flow-through basis under the Income Tax Act (Canada) (the "CEE Flow-Through Shares") at a price of $0.95 per CEE Flow-Through Share and 660,000 Common Shares to be issued on a Canadian development expense flow-through basis [Read more]

Yangarra Re-Allocates Bought Deal Financing

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S./ CALGARY, Nov. 25, 2013 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Corporation") (TSXV: YGR) announces it has agreed with the underwriters to re-allocate the previously announced financing. Due to increased demand for Canadian development expenses the allocation of CDE flow through Shares has been increased by $1,000,000 and the allocation of common shares has been reduced by the same amount. Yangarra will [Read more]

Yangarra Announces $13.5 million Bought Deal Financing

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S./ CALGARY, Nov. 25, 2013 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Corporation") (TSX Venture: "YGR") announces it has entered into a equity financing agreement, on a bought deal basis, with AltaCorp Capital Inc., as lead underwriter, Dundee Capital Markets, Paradigm Capital Inc., Acumen Capital Finance Partners Limited and MGI Securities Inc. (collectively, the "Underwriters"). Under the terms of the [Read more]

Twin Butte Energy Ltd. announces $85 million bought deal convertible debenture offering

/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES/ CALGARY, Nov. 25, 2013 /CNW/ - Twin Butte Energy Ltd. (TSX: TBE) ("Twin Butte") announced today that it has entered into an agreement to sell, on a bought deal basis to a syndicate of underwriters co-led by National Bank Financial Inc. and Peters & Co. Limited, $85 million aggregate principal amount of 6.25% convertible unsecured subordinated debentures, due December 31, 2018 (the "Debentures") at a price of [Read more]