BOE Report

Groundstar Resources Limited Announces Loan Agreement

CALGARY, ALBERTA--(Marketwired - Dec. 5, 2016) - Groundstar Resources Limited (TSX VENTURE:GSA) (the "Company") is pleased to announce that it has executed a loan agreement (the "Loan Agreement") with a private Alberta-based lender (the "Lender") which will provide for the Company to borrow an amount of up to CDN$250,000 to fund its general working capital requirements and to further operations on its properties. The Loan Agreement provides that the funds advanced shall be repayable over a term [Read more]

Veresen Provides Business Outlook and Announces 2017 Guidance

CALGARY, ALBERTA--(Marketwired - Dec. 5, 2016) - Veresen Inc. ("Veresen") (TSX:VSN) today provided its business outlook and distributable cash guidance for 2017. "Veresen has delivered very strong operational and financial results over the course of 2016, with particularly impressive performance from Alliance," said Don Althoff, President and CEO of Veresen. "We expect to sustain this momentum throughout 2017. We will continue to deliver on our strategy, with several key milestones in the [Read more]

TransGlobe Energy Corporation Announces Canadian Asset Acquisition

CALGARY, ALBERTA--(Marketwired - Dec. 5, 2016) - TransGlobe Energy Corporation ("TransGlobe" or the "Company") (TSX:TGL)(NASDAQ:TGA) is pleased to announce it has entered into a definitive agreement to acquire Cardium light oil and Mannville liquid-rich gas assets in the Harmattan area of west central Alberta for total consideration of $80 million Canadian. All dollar values are expressed in Canadian dollars unless otherwise stated. TRANSACTION HIGHLIGHTS [Read more]

Cardinal Energy Ltd. Announces Appointment of New Officer and Confirms Monthly Dividend for December

CALGARY, ALBERTA--(Marketwired - Dec. 2, 2016) - Cardinal Energy Ltd. ("Cardinal") (TSX:CJ) is pleased to announce that Dale Orton, P. Eng. will join its management team in a Vice President capacity effective December 1, 2016. Mr. Orton has in excess of 20 years of experience in numerous aspects of the oil and gas industry focusing on reservoir exploitation, business development, and operations, within both large and junior public oil and gas companies. Mr. Orton can be reached at [Read more]

Tervita Corporation Announces Commencement of an Offering of Senior Secured Notes by Tervita Escrow Corporation

CALGARY, ALBERTA--(Marketwired - Dec. 2, 2016) - Tervita Corporation ("Tervita") announced today that Tervita Escrow Corporation (the "Escrow Issuer") has commenced an offering of US$ senior secured notes due 2021 (the "Notes") in an aggregate principal amount to yield C$ 475 million. The Escrow Issuer is a wholly owned subsidiary of Tervita. Proceeds from the offering of the Notes are expected to be used to finance the previously announced recapitalization transaction (the "Recapitalization [Read more]

Founding executives and directors of Seven Generations exercise long-term equity incentives expiring in May 2017

CALGARY, ALBERTA--(Marketwired - Dec. 2, 2016) - Some of Seven Generations Energy Ltd.'s officers and directors, who acquired equity-based compensation during the company's private phase and prior to the 2014 initial public offering, still hold stock options and performance warrants that expire in May 2017. Those officers and directors have and are expected to exercise the options and performance warrants, and sell some of the shares obtained upon the exercise of those securities, prior to [Read more]

Sunshine Oilsands Ltd.: Announcement of Closing of Private Placement of the Remaining 98,453,334 Common Shares Under Specific Mandate

HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - Dec. 2, 2016) - The Board of Directors of Sunshine Oilsands Ltd. (the "Corporation" or "Sunshine") (HKEX:2012) wishes to announce the following: Closing of Private Placement under Specific Mandate Reference is made to the announcements of the Corporation dated June 1, 2015, July 28, 2015, August 21, 2015, October 1, 2015, November 2, 2015, December 6, 2015, March 2, 2016, May 3, 2016, June 3, 2016, June 23, 2016, July 21, 2016, August [Read more]

Canadian Spirit Resources Inc. Announces Private Placement

CALGARY, ALBERTA--(Marketwired - Dec. 1, 2016) - Canadian Spirit Resources Inc. ("CSRI" or the "Corporation") (TSX VENTURE:SPI)(OTCBB:CSPUF) is pleased to announce that it is proposing to undertake, subject to TSX Venture Exchange approval, a non-brokered private placement offering of $500,000. The private placement will be comprised of 4,166,668 units of the Corporation ("Units") at a price of $0.12 per Unit. The offering is expected to close by the middle of December 2016. Each Unit will [Read more]

Enbridge Inc. and Enbridge Income Fund Holdings Inc. Announce Close of $1.075-billion Sale of South Prairie Region Assets

CALGARY, ALBERTA--(Marketwired - Dec. 1, 2016) - Enbridge Inc. (TSX:ENB)(NYSE:ENB) ("Enbridge" or the "Company") together with Enbridge Income Fund Holdings Inc. (TSX:ENF) ("ENF") announced today that an affiliate of Enbridge Income Fund (the "Fund") has closed its previously announced sale of the Fund's South Prairie Region assets (the "Assets") to Tundra Energy Marketing Limited ("TEML") for $1.075 billion in cash. The Assets sold are liquids pipelines and related facilities in southeast [Read more]

Cenovus appoints Claude Mongeau to Board of Directors

CALGARY, AB --(Marketwired - December 01, 2016) - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced the appointment of Claude Mongeau to its Board of Directors effective immediately. Mr. Mongeau was with Canadian National Railway Company for 22 years, including serving as the company's President & Chief Executive Officer for six and a half years before he stepped down from his role in July 2016. Mr. Mongeau has also held a number of other senior leadership roles during his business [Read more]