BOE Report

Delphi Energy Corp. Announces New $80 Million Senior Secured Revolving Credit Facility

CALGARY, ALBERTA--(Marketwired - Dec. 21, 2016) - Delphi Energy Corp. (TSX:DEE) ("Delphi" or the "Company") is pleased to announce that it has entered into a term sheet with respect to a new credit facility with Alberta Treasury Branches ("ATB") as syndicate lead, of which the syndicate will also include the Bank of Nova Scotia ("Scotia"). New Credit Facility The new arrangement will provide Delphi with an $80 million senior secured revolving credit facility that will be available on a [Read more]

Canadian Spirit Resources Inc. Announces Closing of Unit Private Placement

CALGARY, ALBERTA--(Marketwired - Dec. 21, 2016) - Canadian Spirit Resources Inc. ("CSRI" or the "Corporation") (TSX VENTURE:SPI)(OTCBB:CSPUF) is pleased to announce that it has closed, subject to TSX Venture Exchange approval, its previously announced (see News Release dated December 1, 2016) private placement of units of the Corporation at a price of $0.12 per unit. Each unit issued pursuant to the private placement consists of one common share of the Corporation and one-half of one common [Read more]

Saturn Minerals Inc. Extends Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 21, 2016) - Saturn Minerals Inc. (TSX VENTURE:SMI)(FRANKFURT:SMK) ("Saturn" or the "Company") is pleased to announce an extension and increase of its previously announced Private Placement. Based on current acquisition, exploration and development opportunities management of the Company has decided to extend and increase the Private Placement from 10,000,000 Units (the "Units") at a price of CAD $0.10 per Unit for gross proceeds of up to CAD [Read more]

Pengrowth Cancels Debentureholder Meeting

CALGARY, ALBERTA--(Marketwired - Dec. 21, 2016) - Pengrowth Energy Corporation (TSX:PGF)(NYSE:PGH) ("Pengrowth" or the "Company") announces an update to its plan regarding the early redemption of its outstanding 6.25% convertible unsecured subordinated debentures due March 31, 2017 (the "Debentures"). As a result of ongoing negotiations with its term noteholders, to amend certain covenants in the notes and to extend the terms of some series of notes, the Company has agreed to cancel the meeting [Read more]

TransGlobe Energy Corporation Announces Closing of Canadian Asset Acquisition and Mid-Quarter Egypt Update for Q4 2016

CALGARY, ALBERTA--(Marketwired - Dec. 20, 2016) - TransGlobe Energy Corporation (TSX:TGL)(NASDAQ:TGA) ("TransGlobe" or the "Company") announces the closing of the Canadian acquisition in the Harmattan area of west central Alberta and a mid-quarter Egypt update for the fourth quarter of 2016. All dollar values are expressed in Canadian dollars unless otherwise stated. Acquisition Highlights- Canada Current production ~3,100 barrels of oil equivalent ("boe") per day (57% liquids [Read more]

Bonterra Energy Corp. Announces 2017 Operational and Financial Budget and Operations Update for 2016

CALGARY, ALBERTA--(Marketwired - Dec. 20, 2016) - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) ("Bonterra" or "the Company") today announces its 2017 operational and financial budget. In the interests of maintaining a prudent balance between funds flow and capital spending plus dividends, Bonterra has set its 2017 capital expenditures budget at approximately $70 million which will largely be directed to new wells and facility upgrades primarily in the Pembina Cardium area. Given [Read more]

Resolute Energy Corporation Announces Pricing of Public Offering of Common Stock

DENVER, CO--(Marketwired - Dec 19, 2016) - Resolute Energy Corporation (NYSE: REN) (the "Company" or "Resolute") today announced that it has priced its underwritten public offering of 3,800,000 shares of its common stock (the "common stock") at a price of $38.00 per share, for total gross proceeds (before underwriters' compensation of approximately $4.15 million and estimated expenses) of approximately $144.4 million. The Company intends to use the net proceeds from the offering to repay the [Read more]

Harvest Operations Announces Succession of President & CEO

CALGARY, ALBERTA--(Marketwired - Dec. 19, 2016) - Harvest Operations Corp. ("Harvest" or the "Company") announced that Mr. Piljong Sung has completed the term of his secondment in Canada and has been reassigned to the headquarters of Harvest's parent company Korea National Oil Corporation ("KNOC") in Ulsan, Korea. As a result Mr. Sung has tendered his resignation as Harvest's Interim President & Chief Executive Officer ("CEO") and executive Director of the Company. The Company would like to [Read more]

Tidewater Midstream and Infrastructure Ltd. Announces Strategic Core-Area Acquisition, $60 Million Bought Deal Offering of Common Shares and Confirms Fourth Quarter 2016 Dividend

CALGARY, ALBERTA--(Marketwired - Dec. 19, 2016) - Tidewater Midstream and Infrastructure Ltd. ("Tidewater" or the "Corporation") (TSX VENTURE:TWM) is pleased to announce that it has acquired from a vendor (the "Vendor") the remaining approximate 37% working interest in the Brazeau River Complex ("BRC") gas plant and the remaining approximate 60% working interest in 105 km of gas gathering pipelines directly connected to the BRC in addition to the remaining working interests for 100% ownership in [Read more]

Veresen Announces Common Share Dividend for December 2016

CALGARY, ALBERTA--(Marketwired - Dec. 19, 2016) - Veresen Inc. ("Veresen") (TSX:VSN) announces that its Board of Directors has declared a cash dividend for December 2016 of $0.0833 per common share. The dividend will be paid on January 23, 2017 to shareholders of record at the close of business on December 30, 2016. This dividend is designated an "eligible dividend" for Canadian income tax purposes. About Veresen Inc. Veresen is a publicly-traded dividend paying corporation based [Read more]