BOE Report

Pan Orient Announces 2016 Year-End Thailand Reserves Update

CALGARY, ALBERTA--(Marketwired - Feb. 2, 2017) - Pan Orient Energy Corp. ("Pan Orient") (TSX VENTURE:POE), on behalf of Pan Orient Energy (Siam) Ltd. ("POS"), announced the results of its December 31, 2016 independent reserves evaluation for Thailand on-shore Concession L53/48 where POS is the operator and has a 100% working interest. Pan Orient has a 50.01% equity interest in POS, which is classified as a Joint Venture under International Financial Reporting Standards and accounted for using [Read more]

Canadian Natural Resources Limited Horizon Update

CALGARY, ALBERTA--(Marketwired - Feb. 2, 2017) - Canadian Natural Resources Limited (TSX:CNQ) (NYSE:CNQ) ("Canadian Natural" or the "Company") provides an operations update for Horizon Oil Sands ("Horizon"). In December 2016 the Company continued to achieve higher than expected performance at Horizon, with production averaging approximately 184,000 bbl/d of Synthetic Crude Oil ("SCO"). After the successful ramp of the Phase 2B expansion, average production in the fourth quarter of 2016 reached [Read more]

Blackbird Energy Inc. Increases Montney Land Holdings to 102 Gross Sections (96.8 Net) Through Land Acquisitions at Elmworth / Pipestone and Announces Initial Montney Production

CALGARY, ALBERTA--(Marketwired - Feb. 2, 2017) - Blackbird Energy Inc. (TSX VENTURE:BBI) ("Blackbird" or the "Company") is pleased to announce that it has entered into a purchase and sale agreement with Paramount Resources Ltd. ("Paramount") for the acquisition of 8 gross sections of Montney rights (2.8 net) for total consideration of 5 million Blackbird common shares (the "Paramount Acquisition"), and that the Company has acquired 3 gross sections of Montney rights (3 net) through a recent [Read more]

Suncor Energy closes sale of Petro-Canada Lubricants business

CALGARY, ALBERTA--(Marketwired - Feb. 1, 2017) - Suncor Energy today announced it has closed the previously announced sale of its Petro-Canada Lubricants Inc. (PCLI) business to a subsidiary of HollyFrontier Corporation (HollyFrontier) for gross proceeds of $1.125 billion, subject to customary closing adjustments. All necessary regulatory approvals in Canada and the U.S. have been received. "With the closing of this transaction, the anticipated proceeds from divestments agreed [Read more]

Chinook Energy Announces Early Closing of Gold Creek Asset Disposition

CALGARY, ALBERTA--(Marketwired - Feb. 1, 2017) - Chinook Energy Inc. (TSX:CKE) ("Chinook") is pleased to announce that, further to its news release dated January 4, 2017, it has completed the disposition of certain assets located in the Gold Creek area of Alberta ahead of its previously announced closing date of February 20, 2017. The disposition included 15.6 net sections of land and related pipeline and production facilities for aggregate consideration of approximately $10.5 million, subject [Read more]

Bonavista Energy Corporation Replaces 131% of 2016 Production with the addition of 32.8 MMboe of Proved Plus Probable Reserves at no net cost

CALGARY, ALBERTA--(Marketwired - Feb. 1, 2017) - Bonavista Energy Corporation ("Bonavista") (TSX:BNP) is pleased to report that our 2016 exploration and development ("E&D") program has resulted in a finding and development ("F&D") cost of $6.97 per barrel of oil equivalent ("boe") on a proved plus probable basis. When combined with our acquisition and divestiture program ("A&D"), finding, development and acquisition ("FD&A") costs were $(0.55) per boe on a proved plus probable [Read more]

Gibson Energy to Release Fourth Quarter and Year End 2016 Results

CALGARY, ALBERTA--(Marketwired - Feb. 1, 2017) - Gibson Energy Inc. ("Gibsons" or the "Company") (TSX:GEI), announced today that it expects to release its fourth quarter and year end results for the period ending December 31, 2016 on Tuesday, March 7, following market close. A conference call has also been scheduled for 7:00 a.m. MT (9:00 a.m. ET) on Wednesday, March 8, 2017 for interested analysts, investors, and media representatives. The conference call dial-in numbers are: [Read more]

Veresen Confirms 2016 Fourth Quarter and Year End Earnings Release Date & Provides Conference Call and Webcast Details

CALGARY, ALBERTA--(Marketwired - Feb. 1, 2017) - Veresen Inc. ("Veresen") (TSX:VSN) expects to release its 2016 fourth quarter and year-end financial and operating results on Tuesday, February 28, 2017 after the close of North American markets. The 2016 fourth quarter and year-end management's discussion and analysis and audited consolidated financial statements will be available on the Company's website at www.vereseninc.com and on SEDAR at www.sedar.com. Earnings Conference Call & [Read more]

Bonterra Energy Corp. Confirms Cash Dividend for January 2017 Payable February 28th, 2017

CALGARY, ALBERTA--(Marketwired - Feb. 1, 2017) - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) announces that the January 2017 monthly cash dividend will be $0.10 per share and will be paid on February 28th, 2017. The record date for the dividend is February 15th, 2017 and the ex-dividend date is February 13th, 2017. The dividend is paid monthly and is subject to commodity prices and production levels. The dividend is considered an "eligible dividend" for tax purposes. [Read more]

Vector Resources Inc. and Razor Energy Corp. Announce Completion of Qualifying Transaction, Name Change, Share Consolidation, Term Loan Facility and Strategic Asset Acquisition

CALGARY, ALBERTA--(Marketwired - Jan. 31, 2017) - Vector Resources Inc. ("Vector") (NEX:VCR.H) and Razor Energy Corp. ("Razor" or the "Company") are pleased to announce the completion of their previously announced business combination which constituted Vector's qualifying transaction (the "Qualifying Transaction") pursuant to the policies of the TSX Venture Exchange (the "TSXV"), as described in Vector and Razor's press release of December 29, 2016. Continuance, Name Change, Share [Read more]