BOE Report

TransCanada to Construct Coastal GasLink Pipeline Project

Pipeline to proceed following sanctioning of LNG Canada facility CALGARY, Alberta, Oct. 02, 2018 (GLOBE NEWSWIRE) -- News Release – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) announced today that it will proceed with construction of the Coastal GasLink pipeline project (Coastal GasLink) after a decision to sanction the LNG Canada natural gas liquefaction facility in Kitimat, British Columbia (B.C.) was announced earlier today by the joint venture participants of LNG Canada, a [Read more]

InPlay Oil Corp. Announces Completion of Strategic Non-Core Asset Disposition

CALGARY, Alberta, Oct. 02, 2018 (GLOBE NEWSWIRE) -- InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") is pleased to announce that it has successfully closed its previously announced strategic disposition of certain non-core oil and gas properties in the west Pembina area of Alberta for cash consideration of $16.7 million, before closing adjustments (the "Disposition").  The details of the Disposition and the corresponding acceleration of InPlay's 2018 Cardium development [Read more]

TransGlobe Energy Corporation Announces Director/PDMR Shareholding

CALGARY, Alberta, Oct. 02, 2018 (GLOBE NEWSWIRE) -- TransGlobe Energy Corporation (“TransGlobe” or the “Company”) (AIM & TSX:  “TGL” & NASDAQ:  “TGA”) announces that it was notified on September 28, 2018 that on the same day Ross Clarkson disposed of common shares as follows:  PDMRNumber of Common Shares DisposedPrice($USD)Number of Common Shares held following the transaction% of Company's issued share capital heldRoss Clarkson500,000$3.354481,844,4932.5%       Notification of a [Read more]

Blackbird Energy Inc. Closes Upsized CEE Flow-Through Equity Financing for Gross Proceeds of $6.4 Million

CALGARY, Alberta, Oct. 01, 2018 (GLOBE NEWSWIRE) -- (TSX-V: BBI) Blackbird Energy Inc. (“Blackbird” or the “Company”) is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement by issuing 16.0 million common shares ("Shares") on a "flow-through" basis in respect of Canadian Exploration Expenses ("CEE") at a price of $0.40 per Share, resulting in gross proceeds of $6.4 million (the "CEE Private Placement"). Proceeds from the CEE Private [Read more]

NuVista Energy Ltd. Announces Upsizing and Commencement of Pipestone South Block Development

CALGARY, Alberta, Oct. 01, 2018 (GLOBE NEWSWIRE) -- NuVista Energy Ltd. ("NuVista" or the "Company") (TSX:NVA) is pleased to announce the commencement of development for our Pipestone South block of land. NuVista would like to confirm we have received internal board approval as well as regulatory approval from the Alberta Energy Regulator for the construction of the Pipestone South compressor station west of Grande Prairie, Alberta. This compressor station has been upsized 50% from original [Read more]

Razor Energy Corp. Announces Transition to a Sustainable Junior Light Oil Dividend and Growth Company and Confirms Cash Dividend for September 2018 Payable October 31, 2018

CALGARY, Alberta, Oct. 01, 2018 (GLOBE NEWSWIRE) -- Razor Energy Corp. (“Razor” or the “Company”) (TSXV: RZE) announces that the September 2018 monthly cash dividend will be $0.0125 per share which will be paid on October 31, 2018. The record date for the dividend is October 15, 2018 and the ex-dividend date is October 12, 2018. The dividend will be paid monthly and is subject to commodity prices, production levels, and other factors. The dividend is considered an "eligible dividend" for tax [Read more]

Bonterra Energy Corp. Confirms Cash Dividend for September 2018 Payable October 31, 2018

CALGARY, Alberta, Oct. 01, 2018 (GLOBE NEWSWIRE) -- Bonterra Energy Corp. (www.bonterraenergy.com) (TSX: BNE) (“Bonterra” or the “Company”) announces that the September 2018 monthly cash dividend will be $0.10 per share and will be paid on October 31, 2018.  The record date for the dividend is October 15, 2018 and the ex-dividend date is October 12, 2018. The dividend is paid monthly and is subject to commodity prices and production levels. The dividend is considered an "eligible dividend" [Read more]

Encana announces agreement to sell its San Juan assets

CALGARY, Alberta, Oct. 01, 2018 (GLOBE NEWSWIRE) -- Encana Corporation (Encana) (TSX, NYSE: ECA), announced today that its wholly-owned subsidiary, Encana Oil & Gas (USA) Inc., has reached an agreement to sell its San Juan assets, located in New Mexico for US$480 million to Denver-based DJR Energy, LLC. “This transaction is consistent with our strategy and our objective of delivering quality returns to our shareholders. It adds to our financial strength and is aligned with our focus on [Read more]

Husky Energy Proposes to Acquire MEG Energy for $11 per Share in Cash and Shares in Transaction Valued at $6.4 Billion

Delivers immediate 44% premium for MEG shareholders Opportunity to participate in Husky’s dividend, currently yielding 2.2%, with potential for future increases Accretive to Husky’s free cash flow, funds from operations and earnings while maintaining Husky’s strong balance sheet and low-risk profile Expected $200 million in identified annual financial, operational and other synergies Transaction will immediately deliver – and exceed – MEG’s announced Vision 2020 financial targets Better [Read more]

Canadian Spirit Resources Inc. Announces Management Change

CALGARY, Alberta, Sept. 27, 2018 (GLOBE NEWSWIRE) -- Canadian Spirit Resources Inc. (“CSRI” or the “Corporation”) (TSXV:SPI) (OTCBB:CSPUF) announces the appointment of Carrie Yuill as Chief Financial Officer (“CFO”) of the Corporation effective October 1, 2018. As of September 30, 2018, Dean G. Hill, current CFO, will step down to pursue a new role as Chief Executive Officer at Behr Integrated Solutions, a private emergency management and response services company. J.R. Richard Couillard, [Read more]