BOE Report

TransCanada Declares Quarterly Dividends

CALGARY, Alberta, Nov. 28, 2018 (GLOBE NEWSWIRE) -- News Release – TransCanada Corporation (TSX, NYSE: TRP) (TransCanada or the Company) today announced that the Board of Directors (Board) of TransCanada declared quarterly dividends on the outstanding Cumulative First Preferred Shares as follows: For the period up to but excluding February 28, 2019, payable on February 28, 2019, to shareholders of record at the close of business on January 31, 2019:• Series 11 - $0.2375 per share• Series 13 - [Read more]

Precision Drilling Terminates Arrangement Agreement With Trinidad Drilling Requiring Payment of Termination Fee Following Ensign Take-Up

CALGARY, Alberta, Nov. 27, 2018 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision”) (TSX:PD; NYSE:PDS) today announced that it has terminated the arrangement agreement (the “Arrangement Agreement”) dated October 5, 2018 with Trinidad Drilling Ltd. (“Trinidad”) following the announcement by Ensign Energy Services Inc. that it had taken up 56.38% of the outstanding common shares of Trinidad pursuant to its unsolicited offer to purchase and takeover bid circular. Accordingly, payment [Read more]

Bellatrix Announces $9.5 Million Complementary Asset Acquisition and Updated Commodity Risk Management Contracts

CALGARY, Alberta, Nov. 26, 2018 (GLOBE NEWSWIRE) -- Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) (TSX, NYSE: BXE) announces that it has entered into a definitive agreement to acquire complementary assets within its core Ferrier area of west central Alberta from POSCO Daewoo E&P Canada Corporation (“Daewoo”) for total consideration of approximately $9.5 million. Bellatrix also announces updated commodity risk management contracts. Transaction Highlights The acquisition includes [Read more]

Blackbird Energy Inc. Announces the Filing of Management Information Circular Seeking Shareholder Approval for Strategic Combination With Pipestone Oil Corp.

CALGARY, Alberta, Nov. 26, 2018 (GLOBE NEWSWIRE) -- (TSX-V: BBI)  Blackbird Energy Inc. ("Blackbird" or the "Company") is pleased to announce the filing of its notice of meeting and management information circular (the "Circular") and related proxy materials for the special shareholders' meeting (the "Meeting") to be held on December 19, 2018 in connection with the previously announced strategic combination of Blackbird and Pipestone Oil Corp. ("Pipestone Oil") (the "Transaction"). The Circular [Read more]

Pieridae Energy Announces Third Quarter Results and Provides an Update on the Ikkuma Arrangement

CALGARY, Alberta, Nov. 22, 2018 (GLOBE NEWSWIRE) -- Pieridae Energy Limited (“Pieridae”) (PEA - TSXV) is pleased to announce that it has filed its third quarter unaudited condensed interim financial statements and related management’s discussion and analysis (“MD&A”) for the three- and nine-month periods ended September 30, 2018. Pieridae is a reporting issuer or the equivalent in British Columbia, Alberta and Québec. It is listed on the TSX Venture Exchange under the symbol PEA. Pieridae's [Read more]

Questerre Energy: Second Kakwa North well tests at over 2,700 boe/d

CALGARY, Alberta, Nov. 22, 2018 (GLOBE NEWSWIRE) -- Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today the test results from the second well at Kakwa North. The operator recently completed the second farm-in well, 100/01-04-64-6W6M well (the "01-04 Well"), with a 2900m horizontal leg in the Montney Formation. During the last 24 hours of a 200-hour production test, the 01-04 Well flowed 9.8 MMcf/d of natural gas and 1,124 bbls/d of condensate (2,770 boe/d). [Read more]

Prairie Provident Announces Closing of Marquee Energy Ltd. Acquisition

CALGARY, Alberta, Nov. 21, 2018 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or “PPR” or the "Company") (TSX:PPR) and Marquee Energy Ltd. ("Marquee") (TSXV:MQX) announce that the Company's previously-disclosed acquisition of Marquee by plan of arrangement under section 193 of the Business Corporations Act (Alberta) (the "Arrangement"), which was approved by approximately 98% of the votes cast by Marquee shareholders at a special meeting held to consider the [Read more]

Zargon Announces a Proposed Transaction to Restructure its Convertible Debentures

CALGARY, Alberta, Nov. 21, 2018 (GLOBE NEWSWIRE) -- Zargon Oil & Gas Ltd. ("Zargon" or the "Company") (TSX:ZAR; ZAR.DB.A) announces a proposed transaction to settle its $41.94 million principal amount of outstanding 8.00% convertible unsecured subordinated debentures due December 31, 2019 (the "Debentures") for equity (the "Transaction"). THE PROPOSAL The Company intends to make a proposal to the holders (the "Debentureholders") of the Debentures pursuant to which all of the Debentures [Read more]

Toscana Energy Debentures to Trade On Interest Flat Basis

CALGARY, Alberta, Nov. 19, 2018 (GLOBE NEWSWIRE) -- Toscana Energy Income Corporation ("Toscana" or the "Corporation") (TSX: TEI) announces that the Toronto Stock Exchange (the "TSX") has advised Toscana that its 7.25% convertible unsecured subordinated debentures due December 31, 2021 (the "Debentures") will commence trading on an interest flat basis on November 20, 2018. On November 16, 2018, the Corporation has called an extraordinary meeting of its holders of Debentures (the [Read more]

Birchcliff Energy Ltd. Announces TSX Approval for Renewed Normal Course Issuer Bid

CALGARY, Alberta, Nov. 20, 2018 (GLOBE NEWSWIRE) -- Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce that the Toronto Stock Exchange (the “TSX”) has accepted the Corporation’s notice of intention to make a normal course issuer bid (the “NCIB”). The NCIB will commence on November 23, 2018 and will terminate on November 22, 2019, or such earlier time as the NCIB is completed or is terminated at the option of Birchcliff. Purchases under the NCIB will be [Read more]