BOE Report

Chinook Energy Announces Proposed Distribution of Shares of Craft Oil Ltd. to Chinook Shareholders and Provides Update in Respect of Craft Oil Ltd.

CALGARY, ALBERTA--(Marketwired - Oct. 17, 2016) - Chinook Energy Inc. (TSX:CKE) ("Chinook" or the "Company") announced today that it will undertake a plan of arrangement (the "Arrangement") under the Business Corporations Act (Alberta) to effect the distribution of all of the common shares (the "Craft Shares") of Craft Oil Ltd. ("Craft") (formerly, Tournament Exploration Ltd.) acquired by Chinook pursuant to the asset divestiture to Craft announced on June 13, 2016. Pursuant to the Arrangement, [Read more]

Craft Oil Ltd. Announces Material Asset Disposition

CALGARY, ALBERTA--(Marketwired - Oct. 17, 2016) - Craft Oil ("Craft") is pleased to announce it has entered into a Purchase and Sale Agreement dated September 30, 2016 to sell certain properties located in the Province of Alberta with approximately 1,934 boepd (68% gas) for gross proceeds of $13.5 million. Proceeds to be received are comprised of $9.0 million cash and $4.5 million of tradeable debentures. The transaction is expected to close on or about October 27, 2016. The transaction has [Read more]

Husky Energy to Announce 2016 Third Quarter Results

CALGARY, AB--(Marketwired - October 14, 2016) - Husky Energy (TSX: HSE) will release its third quarter 2016 results before markets open on Thursday, October 27, 2016. A conference call will be held the same day beginning at 10 a.m. Mountain Time (12 p.m. Eastern Time).CEO Asim Ghosh, COO Rob Peabody, CFO Jon McKenzie and Downstream Senior VP Bob Baird will participate in the call. To listen live: Canada and U.S. Toll Free: 1-800-319-4610Outside Canada and U.S.: 1-604-638-5340 To listen to a [Read more]

Jericho Oil to Issue 600,000 Compensation Shares

VANCOUVER, BC--(Marketwired - October 14, 2016) - Jericho Oil Corporation ("Jericho") (TSX VENTURE: JCO) (OTC PINK: JROOF) announces that it will issue a total of 600,000 compensation shares to two U.S. based employees and a consultant as part of their negotiated compensation packages. Jericho's U.S. based employees are employed by a U.S. operating subsidiary. The compensation shares will be issued upon receipt of TSX Venture Exchange approval but will vest over a two year period with 25% of the [Read more]

Canadian Spirit Resources Inc. Resumes Production at Farrell Creek, Northeastern British Columbia

CALGARY, ALBERTA--(Marketwired - Oct. 14, 2016) - Canadian Spirit Resources Inc. ("CSRI" or the "Corporation") (TSX VENTURE:SPI)(OTCBB:CSPUF) is pleased to announce that production from the Montney formation at Farrell Creek/Altares was restarted on October 4, 2016. Production had been suspended as of March 31, 2016 due to extremely low natural gas prices. With prices at Station 2 exceeding $2.75/Mcf in recent weeks, CSRI and its joint venture partner Canbriam Energy Inc. made the decision to [Read more]

Granite Oil Corp. Announces Monthly Dividend for October 2016

CALGARY, ALBERTA--(Marketwired - Oct. 14, 2016) - GRANITE OIL CORP. ("Granite") (TSX:GXO) (OTCQX:GXOCF) is pleased to announce that a dividend of $0.035 per common share will be paid in cash on November 15, 2016 to shareholders of record on October 31, 2016 with an ex-dividend date of October 27, 2016. This dividend has been designated as an "eligible dividend" for Canadian income tax purposes. Michael KabanukPresident & CEO(587) 349-9123Jonathan FlemingE.V.P.(587) 349-9118 [Read more]

Alliance Pipeline Completes Flaring on Schedule

REGINA, SK--(Marketwired - October 13, 2016) - Alliance Pipeline today announced the successful and safe completion of two days of natural gas flaring activities west of Regina. The company would like to thank residents and travelers for their cooperation during this time. Alliance shut down its pipeline system October 12 and undertook the flaring so it could replace two sections of pipe where the Regina Bypass ring road will cross its pipeline. The company expects to have the pipeline [Read more]

Freehold Royalties Ltd. Declares Dividend for November 2016

CALGARY, ALBERTA--(Marketwired - Oct. 13, 2016) - Freehold Royalties Ltd. (TSX:FRU) (Freehold) announces that its Board of Directors has declared a dividend of Cdn. $0.04 per common share to be paid on November 15, 2016 to shareholders of record on October 31, 2016. These dividends are designated as "eligible dividends" for Canadian income tax purposes. Freehold's primary focus is on acquiring and managing oil and gas royalties. The majority of production comes from royalty [Read more]

Lightstream Receives Extension of CCAA Protection

CALGARY, ALBERTA--(Marketwired - Oct. 13, 2016) - Lightstream Resources Ltd. (the "Company" or "Lightstream") (TSX:LTS) announces that we have obtained an order from the Court of Queen's Bench of Alberta extending the stay of proceedings under the Companies' Creditors Arrangement Act (the "CCAA") to December 16, 2016 as the Company continues working to restructure our balance sheet. All other terms of the initial order described in our September 26, 2016 press release are unchanged. All [Read more]