BOE Report

Enbridge Announces 10 Percent Quarterly Dividend Increase

CALGARY, ALBERTA--(Marketwired - Jan. 5, 2017) - Enbridge Inc. (TSX:ENB)(NYSE:ENB) ("Enbridge" or the "Company") announced today that its Board of Directors has declared a quarterly dividend of $0.583 per common share, payable on March 1, 2017 to shareholders of record on February 15, 2017. The declared dividend represents a 10 percent increase from the prior quarterly rate and the twenty-second consecutive year in which the Company has increased its common share dividend. "The dividend [Read more]

Enbridge Income Fund Holdings Inc. Announces 10% Dividend Increase to Monthly Dividend

CALGARY, ALBERTA--(Marketwired - Jan. 5, 2017) - Enbridge Income Fund Holdings Inc. (TSX:ENF) (the "Company") announced that its Board of Directors has declared a cash dividend of $0.1711 per common share of the Company ("Share") to be paid on February 15, 2017 to shareholders of record at the close of business on January 31, 2017. This represents a 10% increase in the monthly dividend over 2016, consistent with expectations in connection with the completion of the drop-down transaction on [Read more]

Manitok Energy Inc. Announces Resignation of Chief Operating Officer and Re-Aligned Management Responsibilities

CALGARY, ALBERTA--(Marketwired - Jan. 5, 2017) - Manitok Energy Inc. (the "Corporation" or "Manitok") (TSX VENTURE:MEI) announces the resignation of Cameron Vouri from his position of Vice President and Chief Operating Officer effective immediately. Mr. Vouri accepted the position as Manitok's COO in September 2013 in order to assist the Corporation's transition from a single core area operational focus to a multiple core area operational strategy. With the successful transition completed, Mr. [Read more]

Crew Energy Announces a 2017 Capital Budget of $200 Million Targeting Montney Production Growth of Over 40%

CALGARY, ALBERTA--(Marketwired - Jan. 5, 2017) - Crew Energy Inc. (TSX:CR) ("Crew" or the "Company") is pleased to announce that our Board of Directors has approved a 2017 capital expenditure program of $200 million designed to achieve production growth to over 30,000 boe per day in the fourth quarter of 2017. This growth represents a greater than 40% increase in Montney production, funded through a combination of internally generated funds from operations and draws on our credit facility [Read more]

Marquee Energy Ltd. Announces Approval of Stock Option Plan and Grant of Stock Options

CALGARY, AB--(Marketwired - January 04, 2017) - NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATESMarquee Energy Ltd. ("Marquee" or the "Corporation") (TSX VENTURE: MQX) is pleased to announce that its board of directors (the "Board") has approved the adoption of a fixed 10% stock option plan of the Corporation. The Board also approved the grant of 13,140,000 stock options to purchase common shares of the Corporation to certain directors, officers and employees [Read more]

Kelt Enters Into an Agreement to Dispose Oil & Gas Properties at Karr for Gross Proceeds of $100 Million

CALGARY, AB--(Marketwired - January 04, 2017) - Kelt Exploration Ltd. ("Kelt" or the "Company") (TSX: KEL) has entered into a definitive purchase and sale agreement to dispose of oil and gas assets in the Karr area of Alberta. The effective adjustment date of the disposition is January 1, 2017 and closing is expected to occur on or about January 18, 2017. The gross proceeds payable to Kelt, prior to adjustments at closing, will be $100.0 million. The purchaser has provided Kelt with a deposit in [Read more]

Encana expects 2017 plan to exceed forecasts shared at its Investor Day

CALGARY, AB--(Marketwired - January 04, 2017) - (TSX: ECA) (NYSE: ECA) Encana delivered strong performance in the fourth quarter of 2016, and the company now expects that its 2017 plan will exceed forecasts previously shared at its Investor Day in October 2016. The company plans to finalize its 2017 budget and issue guidance along with its 2016 fourth quarter and year-end results on February 16, 2017. Encana now expects to deliver a corporate margin of greater than $10 per barrel of oil [Read more]

RMP Energy Announces New Addition to Board of Directors

CALGARY, ALBERTA--(Marketwired - Jan. 4, 2017) - RMP Energy Inc. ("RMP" or the "Company") (TSX:RMP) is pleased to announce the immediate appointment of Mr. Josh Young as an independent director of the Company. Mr. Young's appointment expands RMP's Board of Directors to eight directors, seven of which are independent directors. Mr. Young is the portfolio manager for Houston, Texas-based Bison Interests LLC ("Bison"), an investment firm specializing in oil and gas investments managing over $65mm. [Read more]

Chinook Energy Provides Operational and Corporate Update

CALGARY, ALBERTA--(Marketwired - Jan. 4, 2017) - Chinook Energy Inc. (TSX:CKE) ("Chinook" or the "Company") is pleased to provide the following operational and corporate update. Drilling Update Chinook has successfully completed its three well (2.62 net) drilling program at Birley/Umbach, announced on November 9, 2016. The drilling of these wells was completed on schedule and under budget by approximately 26% with average drilling costs of approximately $1.28 million per well ($1.12 [Read more]

Bonavista Energy Corporation Announces Increase to Exchangeable Share Ratio

CALGARY, ALBERTA--(Marketwired - Jan. 3, 2017) - Bonavista Energy Corporation ("Bonavista") (TSX:BNP) is pleased to announce the increase to the Exchange Ratio of its exchangeable shares from 1.42923 to 1.43223. This increase will be effective on January 16, 2017 (the "Effective Date"). The following are the details of the calculation of the Exchange Ratio: Record Date of Bonavista Dividend [Read more]