BOE Report

TransCanada Provides Update on Strategic Initiatives

CALGARY, ALBERTA--(Marketwired - Nov. 1, 2016) - Highlights: TransCanada expects to realize approximately US$3.7 billion from the monetization of its U.S. Northeast Power business Decides to maintain full ownership interest in its growing Mexican Natural Gas Pipeline business Reaches agreement to purchase all of the common units of Columbia Pipeline Partners LP for US$17.00 per unit for a total amount of approximately US$915 million Announces bought deal offering of common [Read more]

Strategic Oil & Gas Ltd. Tests Recent Muskeg Well at 1,263 boed

CALGARY, ALBERTA--(Marketwired - Nov. 1, 2016) - Strategic Oil & Gas Ltd. ("Strategic" or the "Company") (TSX VENTURE:SOG) is pleased to provide an update on the Company's current drilling activities. Strategic has drilled its first four well pad in the development corridor at West Marlowe. The recent Muskeg horizontal well 2-13 has an average rate of 1,263 boe/d over the last 24 hours on test and has produced over 7,400 boe (54% oil) over the past 7 days. The well is currently [Read more]

Chinook Energy Provides Update in Respect of Craft Oil Ltd.

CALGARY, ALBERTA--(Marketwired - Oct. 31, 2016) - Chinook Energy Inc. (TSX:CKE) ("Chinook") announced today that further to its news release dated October 17, 2016, Craft Oil Ltd. ("Craft"), an approximate 70% owned subsidiary of Chinook, has completed the previously announced asset disposition (the "Asset Disposition") for gross proceeds of $13.5 million, comprised of $9.0 million cash and $4.5 million of tradeable debentures. For further details regarding the Asset Disposition, please see [Read more]

Government of Canada Approves $1.3 Billion NGTL System Expansion Project

CALGARY, ALBERTA--(Marketwired - Oct. 31, 2016) - News Release - TransCanada Corporation (TSX:TRP)(NYSE:TRP) (TransCanada) today announced that the Government of Canada has approved the company's $1.3 billion 2017 NGTL System Expansion Project, which will provide important additional capacity to meet the needs of natural gas shippers. The expansion project includes five new pipeline sections totaling 230 kilometres and the addition of two compression facilities. The first facilities are [Read more]

RMP Energy Announces Strategic Ante Creek Asset Disposition

CALGARY, ALBERTA--(Marketwired - Oct. 31, 2016) - RMP Energy Inc. ("RMP" or the "Company") (TSX:RMP) is pleased to announce today the transformational sale of its Ante Creek asset for cash consideration of $114.3 million, subject to normal and customary closing adjustments. With the closing of the sale, at the end of this year, RMP is expected to have: No bank debt and positive working capital; Exit rate production of 3,200 to 3,300 boe/d (35% crude oil and NGL's) from Waskahigan and the [Read more]

Manitok Energy Inc. Announces the Closing of the Previously Announced Acquisition and Achieving Record Production of 6,500 boe/d

CALGARY, ALBERTA--(Marketwired - Oct. 31, 2016) - Manitok Energy Inc. (the "Corporation" or "Manitok") (TSX VENTURE:MEI) is pleased to announce that it has closed its previously announced acquisition (the "Acquisition") of certain assets that are anticipated to average approximately 1,750 boe/d (34% light oil and NGLs) in November 2016. A majority of the assets being acquired pursuant to the Acquisition are comprised of mature Cardium light oil and natural gas assets in the Willisden Green area [Read more]

Suncor Energy sells Petro-Canada Lubricants business for $1.125 billion

CALGARY, ALBERTA--(Marketwired - Oct. 31, 2016) - Suncor Energy today announced it has reached an agreement to sell its Petro-Canada Lubricants Inc. (PCLI) business to a subsidiary of HollyFrontier Corporation (HollyFrontier) for gross proceeds of $1.125 billion, subject to customary closing adjustments. The sale includes PCLI's production and manufacturing centre in Mississauga, Ontario and the global marketing and distribution assets held by PCLI including its global offices. Under the [Read more]

Enbridge Energy Partners, L.P. Declares Distribution and Reports Earnings for Third Quarter 2016

HOUSTON, TX--(Marketwired - Oct 31, 2016) - Enbridge Energy Partners, L.P. (NYSE: EEP) ("Enbridge Partners" or "the Partnership") today announced that the board of directors of the delegate of the Partnership's general partner has declared a quarterly cash distribution of $0.583 per unit, or $2.332 per unit on an annualized basis, on all of the Partnership's outstanding units for the quarter ended September 30, 2016. The approved distribution remains unchanged from the previous quarter. The [Read more]

Sunshine Oilsands Ltd.: Inside Information

HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - Oct. 30, 2016) - The Board of Directors of Sunshine Oilsands Ltd. (the "Corporation" or "Sunshine") (HKEX: 2012) is pleased to announce the following: Partial Closing of Private Placement under General Mandate Reference is made to the announcements of the Corporation dated March 16, 2016, April 28, 2016, May 16, 2016, June 22, 2016, July 4, 2016, September 1, 2016 and October 24, 2016 (all Hong Kong time) (collectively, the [Read more]

Sunshine Oilsands Ltd.: Date of Board Meeting

HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - Oct. 30, 2016) - The board of directors (the "Board") of Sunshine Oilsands Ltd. (HKEX:2012) ( The "Company") hereby announces that a meeting of the Board will be held on or about 8:00 p.m. on Wednesday, November 9, 2016 in Calgary, Canada (on or about 11:00 a.m. Hong Kong time on Thursday, November 10, 2016), for the purpose of, approving the interim results and report of the Company and its subsidiaries for the three and nine month [Read more]