BOE Report

Gibsons Enters Agreement to Divest its Industrial Propane Business for $412 Million

CALGARY, ALBERTA--(Marketwired - Feb. 13, 2017) - All financial figures are in Canadian dollars Gibson Energy Inc. ("Gibsons" or the "Company"), (TSX:GEI), announced today that it has entered into an agreement to sell its Industrial Propane Business for cash consideration of $412 million to Superior Plus LP ("Superior"). The sale will be completed through a series of transactions. Pursuant to an option purchase agreement, dated February 13, 2017, subject to the fulfilment of customary [Read more]

Superior Plus Corp. to Acquire Gibson Energy’s Industrial Propane Business, Enhancing and Expanding the Energy Distribution Platform

TORONTO, ONTARIO--(Marketwired - Feb. 13, 2017) - Superior Plus Corp. ("Superior") (TSX:SPB) is pleased to announce that it has entered into an agreement with Gibson Energy Inc. ("Gibson") to ultimately acquire all of the outstanding shares and units of the entities that carry on the retail propane business of Canwest Propane ("Canwest") for a total transaction value of $412 million subject to certain customary adjustments (the "Transaction"). Superior anticipates that the acquisition of the [Read more]

Columbia Pipeline Partners LP Encourages Unitholders to Vote at Reconvened Special Meeting on February 16, 2017

HOUSTON, TEXAS--(Marketwired - Feb. 13, 2017) - Columbia Pipeline Partners LP (NYSE:CPPL) (CPPL) reminds unitholders that the reconvened special meeting of unitholders will be held at 9 a.m. (Central Time) on February 16, 2017 at 1001 Fannin St., Suite 2500, Houston, Texas 77002. The purpose of the reconvened special meeting is to vote on a proposal to approve the Agreement and Plan of Merger dated as of November 1, 2016 (the "Merger Agreement"), by and among CPPL, Columbia [Read more]

AltaGas Ltd. to Issue Fourth Quarter and Full Year 2016 Results

CALGARY, ALBERTA--(Marketwired - Feb. 8, 2017) - AltaGas Ltd. ("AltaGas") (TSX:ALA) will release its 2016 fourth quarter and year-end financial results on Thursday, February 23, 2017 before market open. A conference call and webcast will be held the same day to discuss the financial results, progress on projects and other corporate developments. Time: [Read more]

Petrocapita Announces Closing of Acquisition of Maha Energy Assets

CALGARY, ALBERTA--(Marketwired - Feb. 10, 2017) - Petrocapita Income Trust (CSE:PCE.UN)(CSE:PCE.UN.CN) ("Petrocapita" or the "Trust") announces that it has closed a Purchase and Sale Agreement ("PSA") on February 9, 2017 for all of the Canadian oil and gas properties and assets of Maha Energy Inc. ('Maha") for $1,650,000 (plus or minus any adjustments pursuant to the PSA post-closing). The effective date of the transaction is January 1, 2017. The assets were acquired by issuance to Maha of cash [Read more]

Husky Energy to Report 2016 Fourth Quarter and Annual Results

CALGARY, AB--(Marketwired - February 10, 2017) - Husky Energy (TSX: HSE) will release its 2016 fourth quarter and annual results before markets open on Friday, February 24, 2017. A conference call will be held the same day beginning at 9 a.m. Mountain Time (11 a.m. Eastern Time).CEO Rob Peabody and CFO Jon McKenzie will participate in the call.   To listen live: To listen to a recording (after 10 a.m. February 24)    Canada and U.S. Toll Free: 1-800-319-4610Outside Canada and U.S.: [Read more]

Kelt Reports Significant Increases in Oil & Gas Reserves and Net Asset Value per Share

CALGARY, AB--(Marketwired - February 10, 2017) - Kelt Exploration Ltd. ("Kelt" or the "Company") (TSX: KEL) is pleased to report on its oil & gas reserves and production for the year ended December 31, 2016. Kelt's audit of its 2016 annual consolidated financial statements has not been completed and accordingly all financial amounts relating to 2016 referred to in this news release are unaudited and represent management's estimates. Readers are advised that these financial estimates are [Read more]

TransGlobe Energy Corporation Announces Execution of Prepayment Agreement and Marketing Contract

CALGARY, ALBERTA--(Marketwired - Feb. 10, 2017) - TransGlobe Energy Corporation (TSX:TGL)(NASDAQ:TGA) ("TransGlobe" or the "Company") is pleased to announce the signing of a US$75 million crude oil prepayment agreement between its wholly owned subsidiary, TransGlobe Petroleum International Inc. ("TPI") and Mercuria Energy Trading SA ("Mercuria") of Geneva, Switzerland. The initial advance under the prepayment agreement will be used to refinance the 6.00% convertible debentures of the Company [Read more]

Crew Energy Announces Strong 2016 Montney Reserves Growth With Continued Capital Efficiency Improvements

CALGARY, ALBERTA--(Marketwired - Feb. 9, 2017) - Crew Energy Inc. (TSX:CR) of Calgary, Alberta ("Crew" or the "Company") is pleased to announce the results of our independent corporate reserves evaluation prepared by Sproule Associates Ltd. ("Sproule") with an effective date of December 31, 2016 (the "Sproule Report"). The following highlights, reserves summary and strong capital efficiency metrics are directly attributable to Crew's successful 2016 Montney drilling program. 2016 [Read more]

Athabasca Oil Corporation Commences Cash Tender Offer and Related Consent Solicitation for Outstanding Canadian Dollar 7.50% Senior Secured Second Lien Notes due 2017

CALGARY, ALBERTA--(Marketwired - Feb. 9, 2017) - Athabasca Oil Corporation (TSX:ATH) ("Athabasca" or the "Company"), announced today that it has commenced a cash tender offer (the "Offer") for any and all of its outstanding Canadian dollar denominated 7.50% Senior Secured Second Lien Notes due 2017(CUSIP No. 04682RAB3/04682RAA5; ISIN CA04682RAB39/CA04682RAA55) (the "Notes"), upon the terms and subject to the conditions set forth in the Offer to Purchase and Consent Solicitation Statement, dated [Read more]