BOE Report

Blackbird Energy Inc. Announces Non-Brokered Private Placement of Flow-Through Common Shares for Gross Proceeds of $12.4 Million

CALGARY, Alberta, Sept. 14, 2018 (GLOBE NEWSWIRE) -- (TSX-V: BBI) Blackbird Energy Inc. (“Blackbird” or the “Company”) is pleased to announce a non-brokered private placement (the “Private Placement”) of 32.5 million common shares of the Company for aggregate gross proceeds of $12.4 million, of which: 20.0 million common shares will be issued on a “flow-through” basis in respect of Canadian Development Expenses (“CDE”) at a price of $0.37 per share for gross proceeds of $7.4 million; and 12.5 [Read more]

Prairie Provident Resources Inc. Announces Strategic Acquisition of Marquee Energy Ltd. to Unlock Significant Undeveloped Light Oil Growth Potential; Concurrent Flow-Through and Unit Financing

CALGARY, Alberta, Sept. 13, 2018 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX: PPR) and Marquee Energy Ltd. ("Marquee") (TSX-V: MQX) are pleased to announce that they have entered into an agreement to effect the acquisition of Marquee (the “Acquisition”) by way of a plan of arrangement (the "Arrangement"). Under the terms of the Arrangement, Marquee shareholders will receive 0.0886 of a Prairie Provident common share ("Prairie Provident Share") [Read more]

Cardinal Energy Ltd. Confirms Monthly Dividend for September

CALGARY, Alberta, Sept. 13, 2018 (GLOBE NEWSWIRE) -- Cardinal Energy Ltd. ("Cardinal") (TSX: CJ) confirms that a dividend of $0.035 per common share will be paid on October 15, 2018 to shareholders of record on September 28, 2018. The Board of Directors of Cardinal has declared the dividend payable in cash. This dividend has been designated as an "eligible dividend" for Canadian income tax purposes. About Cardinal Energy Ltd. Cardinal is a junior Canadian oil focused company built to provide [Read more]

Apache Declares Cash Dividend on Common Shares

HOUSTON, Sept. 13, 2018 (GLOBE NEWSWIRE) -- The board of directors of Apache Corporation (NYSE, Nasdaq: APA) has declared the regular cash dividend on the company's common shares. The dividend on common shares is payable November 21, 2018, to stockholders of record on October 22, 2018, at a rate of 25 cents per share on the corporation’s common stock. About Apache Apache Corporation is an oil and gas exploration and production company with operations in the United States, Egypt and the [Read more]

Clearview Provides Update

Initial production ten-day average (“IP10”) of 500 barrels of oil per day from recently drilled Wilson Creek 15-20 Cardium horizontal well. Windfall 1-3 Bluesky horizontal well spud September 8th, 2018. Closed first tranche of private placement of common share equity. CALGARY, Alberta, Sept. 12, 2018 (GLOBE NEWSWIRE) -- Clearview Resources Ltd. (“Clearview” or the “Company”) is pleased to provide the following operations and corporate update. Wilson Creek Clearview’s previously announced [Read more]

InPlay Oil Corp. Announces Non–core Asset Rationalization, Operational Update, Acceleration of 2018 Cardium Drilling Program and Increased Production Guidance

CALGARY, Alberta, Sept. 13, 2018 (GLOBE NEWSWIRE) -- InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) is pleased to announce that it has entered into a definitive agreement to sell certain non-core oil and gas properties in the West Pembina area of Alberta for cash consideration of $16.7 million, subject to closing adjustments customary in transactions of this nature (the “Disposition”).  InPlay plans to utilize the proceeds from the Disposition to accelerate Cardium [Read more]

Blackbird Energy Inc. Announces Results From Its Independent Reserves Evaluation as at July 31, 2018 and Provides an Operational Update

CALGARY, Alberta, Sept. 13, 2018 (GLOBE NEWSWIRE) -- (TSX-V: BBI) Blackbird Energy Inc. (“Blackbird” or the “Company”) is pleased to announce results from its independent year-end reserves evaluation prepared by McDaniel & Associates Consultants Ltd. (“McDaniel”) as at an effective date of July 31, 2018 (the “McDaniel Report”) and provide a brief operational update. McDaniel prepared the evaluation in accordance with the standards set out in National Instrument 51-101 of the Canadian [Read more]

Bellatrix Announces Closing of Debt Refinancing Transaction and Upcoming Investor Events

CALGARY, Alberta, Sept. 11, 2018 (GLOBE NEWSWIRE) -- Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) (TSX, NYSE: BXE) today announces that it has closed the debt refinancing transaction previously announced on July 26, 2018.  The transaction immediately extends the maturity of over one-third of the Company’s existing unsecured senior notes due 2020 (the “2020 Notes”) by three years, reduces outstanding debt by approximately $10.5 million prior to any new money advances, and sets the [Read more]

Strategic Oil & Gas Announces Private Placement of New Convertible Notes

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ CALGARY, Alberta, Sept. 10, 2018 (GLOBE NEWSWIRE) -- Strategic Oil & Gas Ltd. (TSXV:SOG) (“Strategic” or the “Company”) has undertaken a non-brokered private placement of up to $4.2 million in convertible notes (“New Notes”). The New Notes bear interest at 8% per annum, payable semi-annually, mature on the same date as the existing convertible notes and are convertible into common shares of the Company [Read more]

PrairieSky Royalty Declares September Dividend

CALGARY, Alberta, Sept. 10, 2018 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. ("PrairieSky") (TSX:PSK) announced today that its Board of Directors has declared a dividend of CDN $0.065 per common share, payable in cash on October 15, 2018 to shareholders of record on September 28, 2018.  This dividend is designated as an "eligible dividend" for Canadian income tax purposes. About PrairieSky Royalty Ltd. PrairieSky is a royalty-focused company, generating royalty revenues as petroleum and [Read more]