BOE Report

Magnum Hunter Resources Announces Divestiture of Shallow Well Contract Drilling Rig Services Business of Alpha Hunter Drilling, LLC

IRVING, TX--(Marketwired - Jan 3, 2017) - Magnum Hunter Resources Corporation ("Magnum Hunter" or the "Company") today announced that the Company has divested the shallow well contract drilling rig services business of its subsidiary, Alpha Hunter Drilling, LLC, effective December 31, 2016. As part of its ongoing strategic assessment and actions to focus the Company on value realization and growth of its core upstream assets, the Company has divested assets and transitioned personnel [Read more]

Groundstar Resources Limited Announces Final Closing of Flow-Through Financing

CALGARY, ALBERTA--(Marketwired - Jan. 3, 2017) - Groundstar Resources Limited (TSX VENTURE:GSA) (the "Company") is pleased to announce that on December 30, 2016 it closed the final tranche of its offering of common shares in the capital of the Company being issued on a "flow-through" basis within the meaning of the Income Tax Act (Canada) (the "Flow-Through Shares") at a price of $0.02 per Flow-Through Share by way of a non-brokered private placement (the "Closing"). The Company issued a total [Read more]

Bonterra Energy Corp. Confirms Cash Dividend for December 2016 Payable January 31st, 2017

CALGARY, ALBERTA--(Marketwired - Jan. 3, 2017) - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) announces that the December 2016 monthly cash dividend will be $0.10 per share and will be paid on January 31st, 2017. The record date for the dividend is January 16th, 2017 and the ex-dividend date is January 12th, 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]

Daily Production Volume at the West Ells Phase 1 Project Reached 2,200 Barrels

HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - Jan. 2, 2017) - The Board of Directors of Sunshine Oilsands Ltd. ("the Corporation" or "Sunshine") (HKSE:2012) hereby announces the following: DAILY PRODUCTION VOLUME AT THE WEST ELLS PHASE 1 PROJECT REACHED 2,200 BARRELS The Corporation is pleased to announce that the West Ells Phase 1 project ("the Project") located in the Athabasca region of Alberta has reached a production volume of 2,200 barrels per day on January 3, 2017 (Hong [Read more]

Vector Resources Inc. and Razor Energy Corp. Execute Arrangement Agreement in Respect of Business Combination and Announce Strategic Acquisition

CALGARY, ALBERTA--(Marketwired - Dec. 29, 2016) - Vector Resources Inc. ("Vector") (NEX:VCR.H) and Razor Energy Corp. ("Razor") are pleased to announce that they have entered into an arrangement agreement dated December 29, 2016 pursuant to which Vector and Razor will complete a business combination (the "Proposed Transaction"). Pursuant to the Proposed Transaction, each common share of Razor ("Razor Share") will be exchanged for 2,042.13 common shares of Vector ("Vector Shares"). The Proposed [Read more]

Lightstream Announces Closing of Asset Sale to Ridgeback Resources

CALGARY, ALBERTA--(Marketwired - Dec. 29, 2016) - Lightstream Resources Ltd. (the "Company" or "Lightstream") announces that further to our press release dated December 8, 2016, the previously announced sale of substantially all of the assets and business of the Company (the "Sale Transaction") to Ridgeback Resources Inc. ("Ridgeback") closed today. The Sale Transaction represents the outcome of the sale process carried out by the Company as part of its restructuring proceedings under the [Read more]

Blacksteel Energy Inc. Announces Warrant Extension

CALGARY, ALBERTA--(Marketwired - Dec. 29, 2016) - Blacksteel Energy Inc. (TSX VENTURE:BEY) ("Blacksteel" or the "Corporation") is pleased to announce that it has received conditional approval from the TSX Venture Exchange ("TSXV") to extend the expiry term of 5,120,910 common share purchase warrants (the "Warrants") issued as part of its 2013 private placement. This amendment represents the seventh amendment made for the Warrants. The original expiry date of the Warrants was July 31, 2014 at [Read more]

Marquee Energy Ltd. Announces Closing of $2.8 Million Bought Deal Private Placement of Flow-Through Shares and Provides a Corporate Update

CALGARY, AB--(Marketwired - December 29, 2016) - Marquee Energy Ltd. ("Marquee" or the "Corporation") (TSX VENTURE: MQX) Marquee Energy Ltd. ("Marquee" or the "Corporation") (TSX VENTURE: MQX) is pleased to announce that it has closed its previously announced private placement of 14,705,883 common shares issued on a "flow through" basis pursuant to the Income Tax Act (Canada) (the "Flow-Through Shares") at a price of $0.17 per Flow-Through Share for gross proceeds of $2.5 million (the [Read more]

Sunshine Oilsands Ltd.: Trading Halt

HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - Dec. 29, 2016) - At the request of Sunshine Oilsands Ltd. (HKEX:2012) (the "Company"), trading in the shares of the Company on The Stock Exchange of Hong Kong Limited has been halted with effect from 9:00 a.m. on Thursday, 29 December, 2016 pending the release of an announcement of inside information of the Company. [Read more]

Sunshine Oilsands Ltd.:(Revised) Private Placement of HK$ 43,500,000 of Common Shares Under the General Mandate to Zhengwei International Investment / Resumption of Trading

HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - Dec. 29, 2016) - Reference is made to the announcement (the "Announcement") of the Company published on 28 December 2016 in respect of the Private placement to Zhengwei International Investment And Management Co., Limited ("Zhengwei"). The subscription price should be HK$0.29 instead of HK$0.28. And so the aggregate amounts to gross proceeds is HK$43,500,000 (approximately CDN$ 7,601,364.2 at current exchange rates). The revised version [Read more]