BOE Report

Athabasca Oil Corporation Announces $265 Million Leismer Infrastructure Transaction, Preliminary 2019 Capital Guidance of $95 – $110 Million and Streamlined Cost Structure

CALGARY, Alberta, Dec. 10, 2018 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to provide an update on its midstream process, preliminary 2019 capital guidance expectations and its recent reductions in corporate costs. Strategic Infrastructure Transaction Athabasca has entered into an agreement with Enbridge Inc. (“Enbridge”) for the sale of its Leismer pipelines and Cheecham storage terminal (“Leismer Infrastructure Transaction”). Enbridge [Read more]

Bellatrix Announces Planned Timing of Its 2019 Guidance Release, Market Diversification Benefits, Debt Refinancing Update and Publication of Its Annual Corporate Responsibility Report

CALGARY, Alberta, Dec. 07, 2018 (GLOBE NEWSWIRE) -- Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) (TSX, NYSE: BXE) announces the planned timing of its 2019 capital budget and guidance release, reiterates its commodity price risk management protection and market diversification exposure, provides an update regarding its ongoing debt refinancing efforts, and the publication of its annual corporate responsibility report. 2019 Capital Budget and Guidance Timing Bellatrix plans to [Read more]

Pieridae Energy Refiles AIF for Fiscal Year 2017

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN UNITED STATES CALGARY, Alberta , Dec. 06, 2018 (GLOBE NEWSWIRE) -- Pieridae Energy Limited (“Pieridae”) (PEA - TSXV) announces that, as a result of a review by the Alberta Securities Commission, it has refiled its annual information form for the year ended December 31, 2017 (the "AIF") along with the related chief executive officer and chief financial officer certificates. A description of the revisions to the AIF [Read more]

Granite Oil Corp. Provides Dividend Update

CALGARY, Alberta, Dec. 06, 2018 (GLOBE NEWSWIRE) -- GRANITE OIL CORP. (“Granite” or the “Company”) (TSX: GXO) (OTCQX: GXOCF) provides an update to its dividend policy. From September 2018, the Canadian energy sector has faced unprecedented discounts for its crude products that have had major impacts on the industry, the province and the country. These discounts are a result of crude inventory builds related to American refinery maintenance shutdowns and Canada’s lack of access to international [Read more]

Cardinal Energy Ltd. Announces Change to Cash Dividend for December 2018 Payable January 15, 2019

CALGARY, Alberta, Dec. 06, 2018 (GLOBE NEWSWIRE) -- Cardinal Energy Ltd. ("Cardinal") (TSX: CJ) Volatility in Canadian oil price differentials, coupled with the recent decline in world oil prices have caused Cardinal to re-evaluate the current level of its dividend. During the fourth quarter, Canadian oil producers have received embarrassingly low prices due to lack of pipeline egress. Industry is looking to truck and rail solutions to move oil to market instead of transporting it through the [Read more]

TransGlobe Energy Corporation Announces Director/PDMR Shareholding

CALGARY, Alberta, Dec. 06, 2018 (GLOBE NEWSWIRE) -- TransGlobe Energy Corporation (AIM & TSX:  “TGL” & NASDAQ:  “TGA”) (“TransGlobe” or the “Company”) announces that it was notified on December 4, 2018 that on the same day David Cook acquired common shares as follows: PDMRNumber ofCommon SharesAcquiredPrice($USD)Number of CommonShares held following thetransaction% of Company'sissued share capitalheldDavid Cook17,500$2.119749,7890.07% Notification of a Transaction pursuant to Article [Read more]

Innovative Solution Delivers Additional Natural Gas to Eastern Markets on Canadian Mainline

CALGARY, Alberta, Dec. 05, 2018 (GLOBE NEWSWIRE) -- News Release – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced that it has secured 675,000 gigajoules (GJ) (630 million cubic feet) per day of new natural gas transportation contracts from the Western Canadian Sedimentary Basin (WCSB) on TransCanada’s Canadian Mainline. Its North Bay Junction Open Season resulted in long-term, fixed-priced contracts for service that will reach markets in Ontario, Quebec, the Maritimes [Read more]

Canadian Natural Resources Limited Announces 2019 Budget

CALGARY, Alberta, Dec. 05, 2018 (GLOBE NEWSWIRE) -- Commenting on the Company’s 2019 budget, Steve Laut, Executive Vice-Chairman of Canadian Natural stated, “Canadian Natural’s large, diverse, balanced and flexible asset base provides a unique opportunity for the Company to allocate capital to the highest return projects to maximize shareholder value. Canadian Natural’s robust, long life low decline assets allow us to target for the foreseeable future, a long-term production per share growth [Read more]

Gibson Energy Announces 2019 Capital Budget

All financial figures are in Canadian dollars unless otherwise noted CALGARY, Alberta, Dec. 04, 2018 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (“Gibson” or the “Company”), (TSX: GEI), announced today that its Board of Directors has approved a 2019 growth capital expenditure budget in the range of $200 million to $250 million, with nearly all investment directed towards sanctioned growth projects. Additionally, the Board of Directors has approved the allocation of approximately $30 million to $35 [Read more]

Transglobe Energy Corporation Announces Director/pdmr Shareholding

CALGARY, Alberta, Dec. 04, 2018 (GLOBE NEWSWIRE) -- TransGlobe Energy Corporation (“TransGlobe” or the “Company”) announces that it was notified on November 30, 2018 that on the same day David Cook acquired common shares as follows:  PDMRNumber of Common Shares AcquiredPrice ($USD)Number of Common Shares held following the transaction% of Company's issued share capital heldDavid Cook32,289$2.1000032,2890.05% Notification of a Transaction pursuant to Article 19(3) of Regulation (EU) No. [Read more]