BOE Report

Relentless Announces Financial and Operating Results for the Three and Nine Months Ended September 30, 2016

CALGARY, ALBERTA--(Marketwired - Nov. 23, 2016) - Relentless Resources Ltd. ("Relentless" or "the Company") (TSX VENTURE:RRL) announces that it has issued its September 30, 2016 unaudited condensed interim financial statements and related MD&A. Additional information about Relentless is available on SEDAR at www.sedar.com or on the Company`s website at www.relentless-resources.com. Relentless averaged 159 boed (59% oil and liquids) in Q3 2016, down 44% from the same period last year. [Read more]

Prairie Provident Announces Terms of Up to $5.3 Million Flow-Through Equity Financing

CALGARY, ALBERTA--(Marketwired - Nov. 23, 2016) - Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") is pleased to announce the price and terms of its previously announced overnight marketed equity offering (the "Offering"). The Offering is comprised of: (i) up to 5,882,353 common shares of the Company ("Common Shares") to be issued as "flow-through shares" with respect to "Canadian exploration expenses" ("CEE Flow-Through Shares") within the meaning of the Income Tax Act [Read more]

Enbridge Announces Closing of $750 Million Preferred Share Offering

CALGARY, ALBERTA--(Marketwired - Nov. 23, 2016) - Enbridge Inc. (TSX:ENB) (NYSE:ENB) ("Enbridge" or the "Company") today announced that it has closed its previously announced public offering of Cumulative Redeemable Minimum Rate Reset Preference Shares, Series 17 (the "Series 17 Preferred Shares") by a syndicate of underwriters led by TD Securities Inc., CIBC Capital Markets, Scotiabank, and RBC Capital Markets. Enbridge issued 30 million Series 17 Preferred Shares for gross proceeds of $750 [Read more]

Arrangement Involving Marquee Energy Ltd. and Alberta Oilsands Inc. Conditionally Approved by TSX Venture Exchange

CALGARY, AB--(Marketwired - November 23, 2016) - Marquee Energy Ltd. ("Marquee" or the "Company") (TSX VENTURE: MQL) announces that the TSX Venture Exchange (the "TSXV") has provided its conditional approval of the proposed acquisition of Marquee by Alberta Oilsands Inc. ("AOS") through a plan of arrangement involving Marquee, its shareholders and AOS (the "Arrangement"). For more information on the Arrangement, please see the Company's press release dated August 19, 2016 and the arrangement [Read more]

Manitok Announces Pricing and Anticipated Proceeds from Flow-Through and Common Share Offering

CALGARY, ALBERTA--(Marketwired - Nov. 23, 2016) - Manitok Energy Inc. (the "Corporation" or "Manitok") (TSX VENTURE:MEI) is pleased to announce that in connection with its previously announced best efforts offering (the "Offering"), it anticipates gross proceeds to be raised under the Offering to be approximately $5.05 million, subject to any exercise of applicable statutory rights of withdrawal and rescission by the purchasers as disclosed in the prospectus supplement dated November 22, 2016 to [Read more]

Leucrotta Exploration Announces Q3 2016 Financial and Operating Results

CALGARY, ALBERTA--(Marketwired - Nov. 23, 2016) - LEUCROTTA EXPLORATION INC. (TSX VENTURE:LXE) ("Leucrotta" or the "Company") is pleased to announce its financial and operating results for the three and nine months ended September 30, 2016. All dollar figures are Canadian dollars unless otherwise noted. HIGHLIGHTS Maintained a working capital balance of $37.9 million, including cash of $41.4 million, at September 30, 2016 Commenced fall capital program that includes drilling 3 wells [Read more]

Blackbird Energy Inc. Announces Closing of 10% Stage Completions Inc. Acquisition and Spud of 3-28 Elmworth Montney Well

CALGARY, ALBERTA--(Marketwired - Nov. 23, 2016) - Editor's Note: There is one photo associated with this news release. Blackbird Energy Inc. (TSX VENTURE:BBI) ("Blackbird" or the "Company") is pleased to announce the closing of the previously announced acquisition of an indirect 10% minority interest in Stage Completions Inc. ("Stage") for a cash purchase price of $3.0 million (the "Stage Acquisition"), the spud of its previously announced 3-28-70-7W6 ("3-28") Elmworth Upper Montney well [Read more]

Lightstream Announces Successful Bid Under CCAA Sale Procedures

CALGARY, ALBERTA--(Marketwired - Nov. 22, 2016) - Lightstream Resources Ltd. (the "Company" or "Lightstream") announces that the sale procedures under the Companies' Creditors Arrangement Act ("CCAA") have concluded and that the credit bid ("Credit Bid") submitted by the ad hoc committee of holders of approximately 91.5% of the Company's 9.875% second lien secured notes due 2019 is the successful bid. In accordance with the sale procedures, the Company will seek to implement the Credit Bid by [Read more]

Baytex Announces Strategic Acquisition That More Than Doubles Land Base at Peace River and $100 Million Equity Financing

CALGARY, ALBERTA--(Marketwired - Nov. 22, 2016) - Baytex Energy Corp. ("Baytex") (TSX:BTE)(NYSE:BTE) is pleased to announce that it has entered into an agreement to acquire heavy oil assets located in the Peace River area of northern Alberta, effective October 1, 2016, for cash consideration of $65 million (the "Acquisition"). The assets are located immediately adjacent to our existing Peace River lands, add approximately 3,000 boe/d of production and more than double our land base in the area. [Read more]

Tervita Announces Settlement With a Significant Portion of Its Secured Noteholders

CALGARY, ALBERTA--(Marketwired - Nov. 22, 2016) - Tervita Corporation and certain of its affiliates ("Tervita" or the "Company") announced today that Tervita has reached a settlement (the "Settlement") with certain holders (the "Settling Secured Noteholders") of the 8.00% and 9.00% senior secured notes issued by Tervita due 2018 (collectively, the "Secured Notes," and the holders of such Secured Notes, the "Secured Noteholders") of the dispute (the "Prepayment Dispute") as to whether an early [Read more]