BOE Report

Tellurian receives FERC scheduling notice for Driftwood LNG

HOUSTON, TX--(Marketwired - December 27, 2017) - Tellurian Inc. (Tellurian) (NASDAQ: TELL) announced today that the Federal Energy Regulatory Commission (FERC) has issued the notice of schedule for environmental review of Driftwood LNG, a proposed 27.6 million tonnes per annum (mtpa) liquefied natural gas (LNG) export facility, and Driftwood Pipeline, a proposed 96-mile, 4 billion cubic feet a day (Bcf/d) pipeline. According to the notice, FERC will issue its final Environmental Impact Statement [Read more]

TransCanada Announces Agreement to Sell Retail Contracts to EDF Energy Services, LLC

CALGARY, ALBERTA--(Marketwired - Dec. 27, 2017) - News Release - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced that it has entered into an agreement to sell its outstanding U.S. retail power contracts to EDF Energy Services, LLC. Today's announcement is part of the continued wind down of TransCanada's Power Marketing Ltd. (TCPM) operations. The transaction is expected to close in the first quarter of 2018 subject to certain regulatory and other approvals. With [Read more]

Sintana Energy Inc. Completes Non-Core Assets Divesture Initiative

TORONTO, ONTARIO--(Marketwired - Dec. 22, 2017) - Sintana Energy Inc. ("Sintana" or the "Company") (TSX VENTURE:SEI) is pleased to announce the successful completion of its non-core assets divesture initiative. The final transaction, the package sale of several relatively minor items, yielded gross proceeds of US $200,000. In total, gross consideration of US $475,000 was received as a result of these non-core asset sales. Proceeds will be used for regulatory compliance requirements and [Read more]

Iron Bridge Resources Provides Operations Update

CALGARY, Alberta, Dec. 20, 2017 (GLOBE NEWSWIRE) -- Iron Bridge Resources Inc. (the “Iron Bridge” or the "Company") is pleased to provide an update on its ongoing winter capital budget operations and its share re-purchase activities. Winter Capital Budget Update As previously-disclosed, Iron Bridge’s Elmworth winter capital budget includes the drilling of five, 100% working interest wells including a water disposal well. As of this date, the disposal well has been drilled and completed and is [Read more]

AltaGas Commissions North Pine and Provides Update on WGL Transaction and 2018 Capital Program

CALGARY, ALBERTA--(Marketwired - Dec. 20, 2017) - AltaGas Ltd. (AltaGas) (TSX:ALA) is pleased to announce that on December 1, 2017 commercial operations commenced at its North Pine NGL Separation Facility (North Pine Facility). The $120 million project was completed ahead of schedule and approximately $15 million under budget. "The completion of our North Pine Facility is another major milestone in our northeast B.C. strategy. It will soon be followed by our Ridley Island Propane Export [Read more]

TransGlobe Energy Corporation Announces Q4 2017 Operations Update

CALGARY, Alberta, Dec. 20, 2017 (GLOBE NEWSWIRE) -- TransGlobe Energy Corporation (“TransGlobe” or the “Company”) (TSX:TGL) (NASDAQ:TGA) announces an operational update. All dollar values are expressed in US dollars unless otherwise stated. Highlights Annual 2017 average production is trending to ~15.4 MBoepd, a 27% increase over 2016 Lifted and sold ~510 thousand barrels of entitlement crude oil in Egypt in late November for estimated net proceeds of approximately $24.5 mm (inclusive [Read more]

Saturn Oil & Gas Inc. Announces Initial Flow Results on First Viking Wells

SASKATOON, SASKATCHEWAN--(Marketwired - Dec. 19, 2017) - Saturn Oil & Gas Inc. ("Saturn" or the "Company") (TSX VENTURE:SMI) (FRANKFURT:SMK) is pleased to announce that it has successfully drilled, completed and brought on-line its first two Viking horizontal wells (101/9-31 and 102/9-31) in the Flaxcombe area. The 101/9-31 well was drilled to a measured depth of 1,497 meters and completed with 24 stage closable sleeves. All 24 stages were successfully completed and the well was brought [Read more]

Point Loma Announces Closing of its Short-Form Prospectus Offering of CEE Flow-Through Shares Including Full Exercise of Over-Allotment Option

CALGARY, ALBERTA--(Marketwired - Dec. 19, 2017) - Point Loma Resources Ltd. (TSX VENTURE:PLX) ("Point Loma" or the "Company") is pleased to announce that it has closed the short form prospectus marketed financing of 10,454,545 common shares of the Company issued as "flow-through shares" within the meaning of the Income Tax Act (Canada) (the "Flow-Through Shares") previously announced on November 28, 2017 (the "Offering") with Mackie Research Capital Corporation (the "Agent") for aggregate gross [Read more]

Saturn Oil & Gas Inc. Increases Land Holdings in Flaxcombe Area

SASKATOON, SASKATCHEWAN--(Marketwired - Dec. 18, 2017) - Saturn Oil & Gas Inc. ("Saturn" or the "Company") (TSX VENTURE:SMI)(FRANKFURT:SMK) is pleased to announce that the Company has acquired 2.25 sections of land in the recent Saskatchewan Crown land sale. This brings the Companies total land holding to 12.25 gross sections (8.75 net). The 2.25 sections acquired in the land sale were divided into three separate non-contiguous parcels. The first parcel is one quarter section with rights [Read more]

Crescent Point Energy Confirms December 2017 Dividend

CALGARY, ALBERTA--(Marketwired - Dec. 15, 2017) - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) confirms that the dividend to be paid on January 15, 2017, in respect of December 2017 production, for shareholders of record on December 31, 2017, will be CDN$0.03 per share. These dividends are designated as "eligible dividends" for Canadian income tax purposes. For U.S. income tax purposes, Crescent Point's dividends are considered "qualified [Read more]