BOE Report

Inter Pipeline Announces 2016 Year End Conference Call and Webcast

CALGARY, ALBERTA--(Marketwired - Jan. 26, 2017) - Inter Pipeline Ltd. (TSX:IPL) will announce its fourth quarter and year end 2016 financial and operating results on February 16, 2017. A conference call and webcast has been scheduled for February 17 at 9:00 a.m. MT (11:00 a.m. ET) for interested shareholders, analysts and media representatives. To participate in the conference call, please dial 1-844-413-0863 or 216-562-0455 (international). The conference ID is: 52871230. A recording of [Read more]

Front Range Acquires an Additional 11 Contiguous Sections of Montney P&NG Rights at Pepper, Alberta

CALGARY, AB--(Marketwired - January 26, 2017) - Front Range Resources Ltd. ("Front Range" or the "Company") (TSX VENTURE: FRK) reports that it successfully increased its 100% working interest operated land holdings at Pepper, Alberta to 44 sections (28,160 acres) at the January 25, 2017 Alberta Crown landsale. The 11 section contiguous land block of Montney P&NG rights includes lands offsetting the Company's Basal Montney horizontal development well located at 6-28-52-22 W5 (the "6-28 Well") [Read more]

Blackbird Energy Inc. Announces Commissioning of Facility and Pipeline Gathering System, Imminent Initial Production and Date and Location of 2017 Annual and Special Meeting of Shareholders

CALGARY, ALBERTA--(Marketwired - Jan. 26, 2017) - (TSX VENTURE:BBI) Blackbird Energy Inc. ("Blackbird" or the "Company") is pleased to announce that its 100% owned and operated Elmworth / Pipestone facility (the "Facility") and pipeline gathering system (the "Gathering System") located at 12-14-70-7W6 is currently being commissioned. Blackbird expects that it will achieve initial Montney production on Monday, January 30, 2017. Garth Braun, Blackbird's Chairman, Chief Executive Officer and [Read more]

Prairie Provident Announces 2016 Year-End Reserves and Operational Update

CALGARY, ALBERTA--(Marketwired - Jan. 25, 2017) - Prairie Provident Resources Inc. (TSX:PPR) ("Prairie Provident" or the "Company") is pleased to announce the results of its independent 2016 year-end reserves evaluation and provide an operational update. The Company's 2016 exit production exceeded its previously disclosed guidance of 5,000 boe/d with average daily production of approximately 5,500 boe/d (56% liquids), maintained through to the first three weeks of January 2017 of which [Read more]

Disposition of Common Shares in the Capital of Point Loma Resources Ltd. by Madalena Energy Inc.

CALGARY, ALBERTA--(Marketwired - Jan. 25, 2017) - NOT FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW. Pursuant to the early warning requirements of applicable Canadian securities laws and in connection with Madalena Energy Inc.'s ("Madalena") ownership of common shares ("Common Shares") in the capital of Point Loma Resources Ltd. (the "Company" or "Point Loma"), Madalena reports that, on [Read more]

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

CALGARY, ALBERTA--(Marketwired - Jan. 25, 2017) - AltaGas Ltd. ("AltaGas") (TSX:ALA) announced today that it has entered into an agreement with a syndicate of underwriters led by TD Securities Inc., RBC Capital Markets and J.P. Morgan Securities Canada Inc. to issue 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 [Read more]

AltaGas Ltd. to Acquire WGL Holdings, Inc. in C$8.4 Billion Transaction

CALGARY, ALBERTA--(Marketwired - Jan. 25, 2017) - Highlights: Transformational acquisition enhancing AltaGas Ltd.'s position as a leading, North American diversified energy infrastructure company with strong growth opportunities in Midstream, Power and Utilities; WGL Holdings, Inc. will continue to operate as a standalone utility headquartered in Washington D.C., with the same complement of dedicated employees, while also assisting in the management of AltaGas Ltd.'s U.S. regulated [Read more]

Granite Oil Corp. Announces 2017 Budget With Continued Development of its Core Bakken Pool and an Exploration Program

CALGARY, ALBERTA--(Marketwired - Jan. 24, 2017) - GRANITE OIL CORP. ("Granite" or the "Company") (TSX:GXO)(OTCQX:GXOCF) Granite is pleased to announce its budget and guidance for 2017. Granite is pleased with its accomplishments throughout 2016. Notwithstanding record low oil prices, it was a transformational year that saw major advancements in the Company's Gas Injection Enhanced Oil Recovery ("EOR") Scheme over its Bakken pool and significant, permanent efficiency gains in its capital [Read more]

Trump’s KXL executive order mutually beneficial for Canada and United States

CALGARY, ALBERTA--(Marketwired - Jan. 24, 2017) - Today's executive order advancing the Keystone XL (KXL) Pipeline Project is a major economic step forward for Canada, the United States and for North American energy security. Now more than ever, Canada needs access to new customers to the east, south and west. The Canadian oil and natural gas industry has been facing challenges to maintain competiveness at home and abroad and pipeline approvals advance opportunities to make Canada an [Read more]

Craft Oil Ltd. Announces Strategic Disposition Assets

CALGARY, ALBERTA--(Marketwired - Jan. 24, 2017) - Craft Oil Ltd. ("Craft" or the "Company") is pleased to announce that it has entered into a definitive agreement with Cardinal Energy Ltd. ("Cardinal") to sell assets (the "Cardinal Assets") for $41 million, prior to any closing adjustments (the "Cardinal Disposition"), consisting of approximately $4.0 million in cash and approximately 4.0 common shares of Cardinal ("Cardinal Shares") at a deemed price of $9.1727 per Cardinal Share (collectively, [Read more]