BOE Report

PrairieSky Announces Royalty Transactions

CALGARY, ALBERTA--(Marketwired - Dec. 1, 2016) - PrairieSky Royalty Ltd. ("PrairieSky" or the "Company") (TSX:PSK) is pleased to announce that it has completed 4 separate acquisition transactions for aggregate consideration of $117.3 million, representing approximately 460 BOE per day (83% liquids) of high quality royalty production and over 100,000 acres of mineral title and royalty lands. In the two largest transactions PrairieSky acquired a combined 3.95% royalty interest at Onion Lake, [Read more]

BlackPearl Announces the Sale of a Royalty Interest on Its Onion Lake Property for $55 Million

CALGARY, ALBERTA--(Marketwired - Dec. 1, 2016) - BlackPearl Resources Inc. ("BlackPearl" or the "Company") (TSX:PXX)(OMX:PXXS) is pleased to announce it has completed the sale of a minor gross overriding royalty interest on its Onion Lake property for $55 million. Under the terms of the agreement BlackPearl sold an approximate 1.75% royalty on production from substantially all of its Onion Lake lands. BlackPearl currently has conventional and thermal production of approximately 8,000 barrels [Read more]

Questfire Energy Corp. Announces Credit Facility Extension to December 15, 2016, Closing of Asset Sale and Conversion of Class B Shares

CALGARY, ALBERTA--(Marketwired - Dec. 1, 2016) - Questfire Energy Corp. (the "Corporation" or "Questfire") (TSX VENTURE:Q.A)(TSX VENTURE:Q.B) announces that the Corporation and its syndicate of lenders have agreed to extend the maturity date under the Corporation's credit facilities from November 30, 2016 to December 15, 2016. Questfire also announces that it has closed an asset sale for proceeds of $7.55 million. The Corporation is actively pursuing further asset sales and investigating a [Read more]

Cenovus to hold conference call and webcast on 2017 budget

CALGARY, AB--(Marketwired - December 01, 2016) - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) will release its 2017 capital budget on Thursday, December 8, 2016. The news release will provide the company's outlook and expectations for 2017.A conference call and webcast to discuss the budget will be held for the investment community at 9 a.m. MT (11 a.m. ET). To participate, please dial 888-231-8191 (toll-free in North America) or 647-427-7450 approximately 10 minutes prior to the conference call. [Read more]

Bonterra Energy Corp. Confirms Cash Dividend for November 2016 Payable December 30th, 2016

CALGARY, ALBERTA--(Marketwired - Dec. 1, 2016) - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) announces that the November 2016 monthly cash dividend will be $0.10 per share and will be paid on December 30th, 2016. The record date for the dividend is December 15th, 2016 and the ex-dividend date is December 13th, 2016. 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]

Petrocapita Announces Acquisition of Crucible Resources Corporation

CALGARY, ALBERTA--(Marketwired - Nov. 30, 2016) - Petrocapita Income Trust (CSE:PCE.UN)(CSE:PCE.UN.CN) ("Petrocapita" or the "Trust") announces that it has acquired approximately 79% of the issued and outstanding shares of Crucible Resources Corp. ("Crucible") as at November 30, 2016. A special meeting of the shareholders of Crucible has been called for December 21, 2016 to approve an amalgamation of Crucible with a subsidiary of the Trust to acquire the balance. The effective date of the [Read more]

Tervita’s Stakeholders Approve Recapitalization Transaction

CALGARY, ALBERTA--(Marketwired - Nov. 30, 2016) - Tervita Corporation and certain of its affiliates ("Tervita" or the "Company") are pleased to announce that, at the previously announced: (i) meeting of holders of the 9.75% senior unsecured notes issued by Tervita due November 2019 and holders of the 10.875% senior unsecured notes issued by Tervita due February 2018 (collectively, the "Unsecured Notes", and the holders of such Unsecured Notes, the "Unsecured Noteholders"); (ii) meeting of [Read more]

Zargon Oil & Gas Ltd. Announces Hedging of 650 bbl/d of Oil and Appointment of Interim Chief Financial Officer

CALGARY, ALBERTA--(Marketwired - Nov. 30, 2016) - Zargon Oil & Gas Ltd. (TSX:ZAR) (TSX:ZAR.DB) ("Zargon") announces that it has entered into hedges to fix the WTI price of oil on 650 barrels per day of oil production at an average of $66.98 in Canadian dollars for 2017. Zargon also announces the appointment of Bill Cromb as Interim Chief Financial Officer. Bill is an experienced financial executive with over 30 years of varied finance experience in the oil and gas industry. He is a [Read more]

Birchcliff Energy Ltd. Announces Quarterly Preferred Share Dividends

CALGARY, ALBERTA--(Marketwired - Nov. 30, 2016) - Birchcliff Energy Ltd. ("Birchcliff") (TSX:BIR) today announced that its Board of Directors has declared the following dividends on its outstanding preferred shares: a quarterly cash dividend of $0.50 per share for the calendar quarter ending on December 31, 2016, on Birchcliff's outstanding Cumulative Redeemable Preferred Shares, Series A. The dividend is payable on January 3, 2017 to shareholders of record as at [Read more]

Virginia Hills Oil Corp. Announces Third Quarter of 2016 Results and General Operation Update

CALGARY, ALBERTA--(Marketwired - Nov. 30, 2016) - Virginia Hills Oil Corp. (TSX VENTURE:VHO) ("Virginia Hills" or the "Company") announces its operating and financial results as at and for the three and nine months ended September 30, 2016, and provides a general corporate operational. The Company's unaudited interim financial statements and related Management's Discussion and Analysis ("MD&A") for the three and nine months ended September 30, 2016 are available on the System for Electronic [Read more]