BOE Report

TransCanada Launches Binding Open Season for Marketlink

CALGARY, Alberta, June 15, 2018 (GLOBE NEWSWIRE) -- Media Advisory – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today launched an open season to solicit binding commitments from interested parties for transportation of crude oil on the Marketlink Pipeline System from Cushing, Oklahoma to markets on the U.S. Gulf Coast. Interested parties may submit binding bids for transportation capacity during the open season that will close at 12 p.m. MT on July 13, 2018. Shipper [Read more]

Crescent Point Energy Confirms June 2018 Dividend

CALGARY, Alberta, June 15, 2018 (GLOBE NEWSWIRE) -- Crescent Point Energy Corp. (“Crescent Point” or the “Company”) (TSX:CPG) (NYSE:CPG) confirms that the dividend to be paid on July 16, 2018, in respect of June 2018 production, for shareholders of record on June 30, 2018, will be CDN$0.03 per share. These dividends are designated as “eligible dividends” for Canadian income tax purposes. For U.S. income tax purposes, Crescent Point’s dividends are considered “qualified dividends.” Crescent [Read more]

Toscana Sells Gas-Weighted Assets, Completes Renewal of its Credit Facilities and Proposes to Consolidate its Carmangay Barons Oil Pool

CALGARY, Alberta, June 14, 2018 (GLOBE NEWSWIRE) -- Toscana Energy Income Corporation ("Toscana" or the "Corporation") (TSX:TEI) is pleased to announce that it has sold its gas-weighted Gross Overriding Royalty Interests (the “Gas Assets”) to a private company for total cash consideration of $7.5 million, subject to customary industry adjustments, with an effective date of April 1, 2018. The Gas Assets have current net production of approximately 200 BOE/d (65% gas). Proceeds of the sale of the [Read more]

Saturn Oil & Gas Inc. Announces Flow-Through Brokered Private Placement Co-led by Canaccord Genuity and Gravitas Securities

SASKATOON, Saskatchewan, June 13, 2018 (GLOBE NEWSWIRE) -- Saturn Oil & Gas Inc. (“Saturn” or the “Company”) (TSX.V:SMI) (FSE:SMK) is pleased to announce that it has amended the terms of its brokered private placement unit offering announced on May 14, 2018 to engage Gravitas Securities Inc. ("Gravitas") to act as co-lead with Canaccord Genuity Corp. ("Canaccord") (Gravitas and Canaccord are collectively the "Agents") and to amend the offering to offer, on a commercially reasonable efforts [Read more]

Cardinal Energy Ltd. Confirms Monthly Dividend for June

CALGARY, Alberta, June 12, 2018 (GLOBE NEWSWIRE) -- Cardinal Energy Ltd. ("Cardinal") (TSX:CJ) confirms that a dividend of $0.035 per common share will be paid on July 16 2018 to shareholders of record on June 29, 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 investors [Read more]

Freehold Royalties Ltd. Declares Dividend for June 2018

CALGARY, Alberta, June 12, 2018 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold) (TSX:FRU)  announces that its Board of Directors has declared a dividend of Cdn. $0.0525 per common share to be paid on July 16, 2018 to shareholders of record on June 30, 2018. These dividends are designated as “eligible dividends” for Canadian income tax purposes. Freehold’s primary focus is on acquiring and managing oil and gas royalties. The majority of production comes from royalty interests (mineral [Read more]

PrairieSky Royalty Declares June Dividend

CALGARY, Alberta, June 12, 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 July 16, 2018 to shareholders of record on June 29, 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 natural gas [Read more]

Blackbird Energy Inc. Provides Results From Independent Resource Evaluation, Including Best Estimate Development Pending Contingent Resources of 112.2 MMboe Representing a Before Tax Net Present Value of $587.3 Million

CALGARY, Alberta, June 12, 2018 (GLOBE NEWSWIRE) -- (TSX-V:BBI) Blackbird Energy Inc. (“Blackbird” or the “Company”) is pleased to announce the results of an updated independent resource evaluation (“2018 Resource Evaluation”) by McDaniel & Associates Consultants Ltd.  (“McDaniel”) in respect of the Company’s Pipestone/Elmworth Montney lands. McDaniel prepared the evaluation in accordance with the standards set out in National Instrument 51-101 of the Canadian Securities Administrators and [Read more]

Resolute Energy Corporation Announces Completion of Exchange Offer for Its 8.50% Senior Notes Due 2020

DENVER, June 11, 2018 (GLOBE NEWSWIRE) -- Resolute Energy Corporation (the “Company” or “Resolute”) (NYSE:REN) announced today the completion of its offer to exchange (the “Exchange Offer”) up to $75,000,000 aggregate principal amount of its 8.50% Senior Notes due 2020, which have been registered under the Securities Act of 1933, as amended (the “Exchange Notes”), for up to $75,000,000 of its outstanding unregistered 8.50% Senior Notes due 2020, which were issued on April 9, 2018 (the “Old [Read more]

Saturn Oil & Gas Inc. Top Purchaser of Acreage in Recent Crown Land Sale

SASKATOON, Saskatchewan, June 08, 2018 (GLOBE NEWSWIRE) -- Saturn Oil & Gas Inc. (“Saturn” or the “Company”) (TSX-V:SMI) (FSE:SMK) is pleased to announce that the Company was the top purchaser of acreage in the Kindersley-Kerrobert area at the recent Crown land sale on June 5th, 2018. The Company spent $768,896.83 to acquire 9 lease parcels totaling 6.75 sections, bringing Saturn’s total land position to 24.25 sections (19.25 net). The Company acquired 2.25 contiguous sections with rights [Read more]