BOE Report

Pieridae Grants Common Shares & Options

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN UNITED STATES CALGARY, Alberta, July 03, 2019 (GLOBE NEWSWIRE) --  Pieridae Energy Limited (Pieridae or the Company) (TSXV: PEA) today announces that in accordance with its Directors’ Compensation Policy, 33,584 common shares of Pieridae Energy Limited were granted to its Directors on July 3, 2019, at the price value of $0.89 per share.   In addition, the company announces that in accordance with its stock option [Read more]

TC Energy enters agreement to sell Columbia Midstream assets for US$1.275 billion

CALGARY, Alberta, July 02, 2019 (GLOBE NEWSWIRE) -- News Release -- TC Energy Corporation (TSX:TRP) (NYSE:TRP) (TC Energy) announced today that it has entered into an agreement to sell its U.S. midstream assets held by its subsidiary, Columbia Midstream Group, to UGI Energy Services, LLC, a subsidiary of UGI Corporation (NYSE: UGI), for approximately US$1.275 billion (Cdn$1.7 billion). The transaction is expected to close in the third quarter of 2019 subject to closing adjustments and [Read more]

Gibson Energy Announces Closing of Sale of Canadian Truck Transportation

CALGARY, Alberta, July 02, 2019 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (“Gibson” or the “Company”), (TSX: GEI), announced today it has closed the sale of its Canadian Truck Transportation businesses to Trimac Transportation (“Trimac”) for gross proceeds of approximately $70 million prior to customary closing adjustments, with the potential for additional proceeds depending on the performance of the business over the next several years. As part of the sale of its Canadian Truck Transportation [Read more]

Pieridae Energy Limited Announces Closing of Non-Brokered Private Placement of Common Shares and Convertible Debentures for a Total of $12.2 Million

CALGARY, Alberta, July 02, 2019 (GLOBE NEWSWIRE) -- Pieridae Energy Limited (Pieridae or the Company) (TSXV: PEA) is pleased to announce that it has closed its previously announced (i) non-brokered private placement of common shares of the Company at a price of $0.86 per share for gross proceeds of $2.2 million (the “Common Share Offering”) and (ii) a non-brokered private placement of a secured convertible debenture of the Company (the “Convertible Debenture”) for aggregate gross proceeds of $10 [Read more]

InPlay Oil Corp. Announces Annual Meeting Voting Results for Election of Directors

CALGARY, Alberta, July 02, 2019 (GLOBE NEWSWIRE) -- InPlay Oil Corp. (TSX: IPO) ("InPlay" or the "Corporation") announced today the voting results for the election of directors at its annual meeting of shareholders held on June 28, 2019 (the "Meeting").  The following six nominees were elected as directors of InPlay to serve until the next annual meeting of shareholders or until their successors are elected or appointed, with common shares represented at the Meeting voting in favour of [Read more]

Private Investor Acquires 19.96% of the Shares of Cequence Energy Ltd.

CALGARY, Alberta, June 27, 2019 (GLOBE NEWSWIRE) -- Mr. G.A. Cumming announces the acquisition of 7,737,108 common shares (“Common Shares”) of Cequence Energy Ltd. (“Cequence”) as part of a larger private placement of flow-through common shares of Cequence (the “Private Placement”) completed today. Under the Private Placement, Cequence issued a total of 17,230,769 common shares, all on a flow-through basis in accordance with to the Income Tax Act (Canada), at a subscription price of $0.65 per [Read more]

Cequence Energy Ltd. Announces the Completion of Its Private Placement, Debt Transaction and Results of Its Annual General and Special Meeting of Shareholders

CALGARY, Alberta, June 27, 2019 (GLOBE NEWSWIRE) -- Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) is pleased to announce the successful completion today of its previously announced private placement of common shares (the “Private Placement”), $10 million principal repayment on its $60 million term loan, as well as the results of its Annual General and Special meeting of shareholders. Private Placement Under the Private Placement, Cequence issued a total of 17,230,769 [Read more]

Devon Energy Announces Early Redemption of Senior Notes

OKLAHOMA CITY, June 27, 2019 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) announced today that it will redeem $1.5 billion in Senior Notes. This redemption covers all of the company’s outstanding 4.00% Senior Notes due 2021 and 3.25% Senior Notes due 2022. The notes will be redeemed at a redemption price of 100 percent of the principal amount, plus accrued and unpaid interest, as well as a make-whole premium. For each series of notes, accrued interest will be paid to, but excluding, the [Read more]

Devon Energy Completes Sale of Canadian Business

OKLAHOMA CITY, June 27, 2019 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced that it has completed the sale of its Canadian business to Canadian Natural Resources Limited for CAD $3.8 billion, or USD $2.8 billion. Devon received net proceeds of USD $2.5 billion, after adjusting for purchase price adjustments and estimated taxes associated with the sale. The company plans to repatriate the net sales proceeds along with Canadian cash balances of approximately USD $500 million to [Read more]

Canadian Natural Resources Limited Completes the Acquisition of Substantially All of the Assets of Devon Canada Corporation

CALGARY, Alberta, June 27, 2019 (GLOBE NEWSWIRE) -- Canadian Natural Resources Limited (“Canadian Natural” or the “Company”) announces that the agreement to acquire substantially all of the assets of Devon Canada Corporation ("Devon") has been completed. Canadian Natural welcomes approximately 720 high caliber Devon employees to its thermal in situ, primary heavy oil and Calgary head office teams. The acquired production, infrastructure and land will add to Canadian Natural’s existing thermal [Read more]