BOE Report

Strategic Oil & Gas Ltd. Meets 2016 Exit Production Guidance

CALGARY, ALBERTA--(Marketwired - Feb. 7, 2017) - Strategic Oil & Gas Ltd. ("Strategic" or the "Company") (TSX VENTURE:SOG) announces it has achieved its exit production target for year-end 2016 and provides an operations update. Strategic tied in three Muskeg wells during the fourth quarter of 2016, and has recently tied in the step out Muskeg well 14-35. With the recent Muskeg wells drilled and tied-in, current corporate production exceeds the company's 2016 exit rate guidance of 2,800 [Read more]

Westcore Energy Ltd. Enters Into Farm In Agreement for a 3 Well Program at Flaxcombe

SASKATOON, SASKATCHEWAN--(Marketwired - Feb. 6, 2017) - Westcore Energy Ltd. ("Westcore" or the "Company") (TSX VENTURE:WTR) is pleased to announce that it has entered into a farm-in agreement (the "Agreement") with Eros Resources Corp. ("Eros") to complete a 3 vertical well program on Westcore's Flaxcombe oil field. Under the terms of the Agreement, Eros will fund 100% of the cost to drill, complete and bring the wells on production in exchange for a 90% interest in the wells before payout, and [Read more]

Suncor Energy to release fourth quarter 2016 financial results

CALGARY, ALBERTA--(Marketwired - Feb. 3, 2017) - Suncor will release its fourth quarter financial results on Feb. 8, 2017 before 8:00 p.m. MT (10:00 p.m. ET). A webcast to review the fourth quarter will be held on Feb. 9 at 7:30 a.m. MT (9:30 a.m. ET). Representing management will be Steve Williams, president and chief executive officer and Alister Cowan, executive vice president and chief financial officer. A question and answer period will follow brief remarks from management. Steve [Read more]

Marksmen Announces Update Regarding Private Placement

CALGARY, ALBERTA--(Marketwired - Feb. 3, 2017) - Marksmen Energy Inc. ("Marksmen" or the "Company") (TSX VENTURE:MAH)(OTCQB:MKSEF) announces that, further to its previous press release, it intends to complete by March 3, 2017 one or more additional closing(s) of its previously announced non-brokered private placement of up to 12,500,000 units (the "Units") of Marksmen at a price of $0.10 per Unit for aggregate gross proceeds of up to $1,250,000 (the "Private Placement"). The Company has [Read more]

Enbridge Energy Management, L.L.C. Confirms Amount of Share Distribution for Fourth Quarter 2016

HOUSTON, TX--(Marketwired - Feb 3, 2017) -  Enbridge Energy Management, L.L.C. (NYSE: EEQ) ("Enbridge Management") today confirmed that its previously declared share distribution, to be paid on February 14, 2017, will consist of 2.5980 additional shares for each 100 shares of record on February 7, 2017.  The distribution of additional Enbridge Management shares is based on the notional cash value of the declared distribution of $0.583 per share and the average closing price of Enbridge [Read more]

TransCanada to Issue Fourth Quarter 2016 Financial Results and Provide an Update on its Business Outlook on February 16

CALGARY, ALBERTA--(Marketwired - Feb. 3, 2017) - News Release - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) will hold a teleconference and webcast at 1 p.m. (MT) / 3 p.m. (ET) on Thursday, February 16, 2017 to discuss its fourth quarter 2016 financial results as well as provide an update on its business and financial outlook. Russ Girling, TransCanada president and chief executive officer and Don Marchand, executive vice-president and chief financial officer, along with [Read more]

Brompton Oil Split Corp. Completes Treasury Offering

TORONTO, ONTARIO--(Marketwired - Feb. 3, 2017) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Brompton Oil Split Corp. (TSX:OSP)(TSX:OSP.PR.A) (the "Company") is pleased to announce that it has completed a treasury offering of 549,800 class A shares and 549,800 preferred shares for aggregate gross proceeds of approximately $11 million. The class A shares and preferred shares will trade on the Toronto Stock Exchange (the "TSX") under [Read more]

AltaGas Ltd. Announces Closing of $2.5 Billion Subscription Receipt Offering Comprised of $2.1 Billion Bought Deal and $400 Million Private Placement

CALGARY, ALBERTA--(Marketwired - Feb. 3, 2017) -AltaGas Ltd. ("AltaGas") (TSX:ALA) announced today that it has completed its previously announced public offering of 67,800,000 subscription receipts (the "Subscription Receipts"), on a bought deal basis, at an issue price of $31.00 per Subscription Receipt (the "Offering Price"), for total gross proceeds of approximately $2.1 billion (the "Public Offering"). Additionally, AltaGas has completed the private placement (the "Private Placement") to [Read more]

TransGlobe Energy Corporation Announces 2017 Capital Budget

CALGARY, ALBERTA--(Marketwired - Feb. 2, 2017) - TransGlobe Energy Corporation ("TransGlobe" or the "Company") (TSX:TGL)(NASDAQ:TGA) announces the 2017 capital budget. All dollar values are expressed in US dollars unless otherwise stated. HIGHLIGHTS 2017 capital budget of $56.4 million ($35.2 million firm and $21.2 contingent) Egypt $25.8 million firm and $14.4 million contingent Canada $9.4 million (C$12.5 million) firm and $6.8 million (C$9.0 million) contingent 2017 [Read more]

Quattro Signs Binding Financing Term Sheet and Receives Receivership Application Notice

CALGARY, ALBERTA--(Marketwired - Feb. 2, 2017) - Quattro Exploration and Production Ltd. (TSX VENTURE:QXP) ("Quattro" or the "Company") is pleased to announce that it has signed a binding term sheet with Advisco Capital Corp. ("Advisco"), a New York-based private finance company, for the provision by Advisco of a secured revolving credit facility and secured term loan in the aggregate amount of CDN$15,000,000 (the "Proposed Loan"). The Proposed Loan has been negotiated with Advisco for the [Read more]