BOE Report

Sunshine Oilsands Ltd.: Private Placement of HK$ 42,000,000 of Common Shares Under the General Mandate to Zhengwei International Investment and Management Co., Limited

HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - Dec. 28, 2016) - The Board of Directors (the "Board") of Sunshine Oilsands Ltd. (the "Corporation" or "Sunshine") (HKEX:2012) is pleased to announce the following: PRIVATE PLACEMENT OF HK$ 42,000,000 OF COMMON SHARES (a) The Placement On December 28, 2016 in Hong Kong (December 28, 2016 in Calgary), the Corporation entered into a subscription agreement (the "Subscription Agreement") with Zhengwei International [Read more]

Penn Virginia Corporation Announces Commencement of Trading on the Nasdaq Global Select Market

HOUSTON, TX--(Marketwired - December 28, 2016) - Penn Virginia Corporation (the "Company") (NASDAQ: PVAC) announced that the Company's common stock commenced trading today on the Nasdaq Global Select Market under the trading symbol "PVAC". Upon commencement of trading on the Nasdaq Global Select Market, the Company's common stock ceased trading on the OTCQX U.S. Premier market.John A. Brooks, Interim Principal Executive Officer and Chief Operating Officer, commented, "We are pleased to announce [Read more]

Veresen Announces Sanction of Additional $195 Million of Capital Projects at Veresen Midstream

CALGARY, ALBERTA--(Marketwired - Dec. 28, 2016) - Veresen Inc. ("Veresen") (TSX:VSN) today announced the sanction of $195 million ($93 million net to Veresen) in new capital projects at Veresen Midstream. "With the sanction of this additional capital, Veresen now has over $1.4 billion of projects under construction," said Don Althoff, President and CEO of Veresen. "We expect these capital projects to deliver incremental per share growth as Veresen remains fully funded without the need to [Read more]

Relentless Resources Announces Private Placement

CALGARY, ALBERTA--(Marketwired - Dec. 23, 2016) - Relentless Resources Ltd. ("Relentless" or the "Company") (TSX VENTURE:RRL) announces it plans to complete a non-brokered equity financing of up to 8,888,889 units ("Units") at a price of $0.05625 per Unit for gross proceeds of up to $500,000. Each Unit will consist of one common share of the Company ("Common Share") and one Common Share purchase warrant ("Warrant"). Each Warrant will give the holder the option, exercisable for a period of one [Read more]

Strategic Oil & Gas Ltd. Closes $40 Million Financing

CALGARY, ALBERTA--(Marketwired - Dec. 22, 2016) - Strategic Oil & Gas Ltd. ("Strategic", or the "Company") (TSX VENTURE:SOG) announces that the Company has closed its recently announced non-brokered private placement (the "Private Placement"). The Company issued a total of 337 million common shares at a price of $0.12 per common share for gross proceeds of $40.4 million. Shares issued are subject to a hold period expiring April 24, 2016. Proceeds from the Private Placement will be applied [Read more]

Relentless Resources Announces Heathdale Wells have Been Drilled and Cased for Glauconite Oil and Provides Update on Private Placement

CALGARY, ALBERTA--(Marketwired - Dec. 22, 2016) - Relentless Resources Ltd. ("Relentless" or the "Company") (TSX VENTURE:RRL) announces that both the 02/5-7-27-9 W4 and the 6-12-27-10 W4 development wells have been drilled and cased for Glauconite oil. The Company anticipates completing the 02/5-7 well with multi-stage fracture stimulations and the 6-12 well with a single fracture stimulation. The wells will be completed and equipped subsequent to an additional financing by the [Read more]

AltaGas Receives Regulatory Approval to Double the Size of the Townsend Facility

CALGARY, ALBERTA--(Marketwired - Dec. 22, 2016) - AltaGas Ltd. ("AltaGas") (TSX:ALA) announced today that on December 19, 2016 it received regulatory approval from the British Columbia Oil and Gas Commission ("BCOGC") for the doubling of the Townsend Facility to 396 MMcf/d and to retrofit the existing 198 MMcf/d shallow-cut Townsend Facility to a deep-cut facility at a future date. The initial expansion will be a 100 Mmcf/d shallow-cut natural gas processing facility ("Townsend Phase 2") to be [Read more]

Point Loma Resources Announces Agreement to Acquire a Private Oil and Gas Company

CALGARY, AB--(Marketwired - December 22, 2016) - Point Loma Resources Ltd. (TSX VENTURE: PLX) (the "Corporation" or "Point Loma") is pleased to announce that it has entered into a definitive agreement to acquire all of the issued and outstanding shares of a private oil and gas company with producing assets in central Alberta (the "Acquisition") for the consideration of 1,250,000 common shares of Point Loma. The Acquisition is anticipated to close in January 2017. Highlights: Production [Read more]

Petrocapita Updates Acquisition of Crucible Resources Corporation

CALGARY, ALBERTA--(Marketwired - Dec. 21, 2016) - Petrocapita Income Trust (CSE:PCE.UN)(CSE:PCE.UN.CN) ("Petrocapita" or the "Trust") announces that, at a special meeting of the shareholders of Crucible Resources Corp. ("Crucible") held in the offices of the Trust today, it has acquired the remaining balance of all of the issued and outstanding shares of Crucible. At the meeting, the shareholders of Crucible approved an amalgamation of Crucible with Petrocapita GP II Ltd., a subsidiary of the [Read more]

Disposition of a 3% Senior Subordinate Secured Convertible Debenture in the Principal Amount of $3,000,000 of Point Loma Resources Ltd. by Madalena Energy Inc.

CALGARY, ALBERTA--(Marketwired - Dec. 21, 2016) - Pursuant to the early warning requirements of applicable Canadian securities laws and in connection with a 3% senior subordinate secured convertible debenture in the principal amount of $3,000,000 (the "Convertible Debenture") of Point Loma Resources Ltd. (the "Company" or "Point Loma") issued on June 28, 2016 to Madalena Energy Ltd. (TSX VENTURE:MVN) ("Madalena"), Madalena reports that it has entered into an agreement dated December 20, 2016 [Read more]