BOE Report

Gibsons to Release Third Quarter 2016 Results

CALGARY, ALBERTA--(Marketwired - Oct. 11, 2016) - Gibson Energy Inc. ("Gibsons" or the "Company"), (TSX:GEI), announced today that it expects to release its third quarter results for the period ending September 30, 2016 on Tuesday, November 1, following market close. A conference call has also been scheduled for 7:00 a.m. MT (9:00 a.m. ET) on Wednesday, November 2, 2016 for interested analysts, investors, and media representatives. The conference call dial-in numbers are: [Read more]

AltaGas Ltd. Announces Monthly Dividend

CALGARY, ALBERTA--(Marketwired - Oct. 11, 2016) - AltaGas Ltd. ("AltaGas") (TSX:ALA) announced today that the October dividend will be paid on November 15, 2016, to common shareholders of record on October 25, 2016. The ex-dividend date is October 21, 2016. The amount of the dividend will be $0.175 for each common share. This dividend is an eligible dividend for Canadian income tax purposes. As previously announced, AltaGas has a Premium Dividend™, Dividend Reinvestment and Optional Cash [Read more]

Trilogy Energy Corp. Announces Crude Oil Emulsion Release in Kaybob Area

CALGARY, ALBERTA--(Marketwired - Oct. 7, 2016) - Trilogy Energy Corp. (TSX:TET) ("Trilogy" or "the Company") is responding to a crude oil pipeline leak in the Kaybob area of central Alberta. In the afternoon of October 6, 2016, Trilogy discovered a leak in one of its crude oil pipelines within its Kaybob Montney Oil Development, approximately 15 kilometres from the Town of Fox Creek. The Company's emergency response plan was activated, applicable regulatory bodies and third parties were [Read more]

Saturn Minerals Inc. Announces Non Flow-Through Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 7, 2016) - Saturn Minerals Inc. (TSX VENTURE:SMI)(FRANKFURT:SMK) ("Saturn" or the "Company") is pleased to announce a private placement of up to 10,000,000 units (the "Units") at a price of $0.10 per Unit for gross proceeds of up to $1,000,000. Each Unit consists of one common share (the "Shares") and one-half of a share purchase warrant (the "Warrants"). Each whole Warrant will entitle the holder to purchase one additional common share, [Read more]

Corridor Enters Into Financial Hedge

HALIFAX, NOVA SCOTIA--(Marketwired - Oct. 7, 2016) - Corridor Resources Inc. ("Corridor") (TSX:CDH) announced today that it has entered into a financial hedge for the period from December 1, 2016 to March 31, 2017 for 2,500 mmbtu per day of natural gas production (approximately 2.3 mmscf per day) at a fixed price of $US6.50/mmbtu. All amounts referred to in this press release are in Canadian dollars unless otherwise stated. Corridor's strategy is to maximize its field operating netback by [Read more]

Pengrowth Announces a 63 Percent Increase in Value of 2P Reserves at Lindbergh From $1.56 Billion to $2.55 Billion

CALGARY, ALBERTA--(Marketwired - Oct. 6, 2016) - Pengrowth Energy Corporation (TSX:PGF)(NYSE:PGH) today announced that GLJ Petroleum Consultants Ltd. (GLJ) has provided an update of bitumen reserves and contingent resources for its 100 percent owned Lindbergh project in east central Alberta, as of September 30, 2016. The reserves and resources update reflects the successful application approval allowing for the expansion of the project to 30,000 barrels per day (bbl per day), coupled with [Read more]

Suncor Energy closes purchase of interest in Rosebank project

CALGARY, ALBERTA--(Marketwired - Oct. 6, 2016) - Suncor Energy UK Limited ("Suncor") today announced it has closed the previously announced purchase of a 30 per cent participating interest in the U.K. North Sea Rosebank project from OMV (U.K.) Limited. All necessary regulatory approvals have been received and as per the agreement, Suncor has made an initial payment of US$50 million to OMV (U.K.) Limited. In the event the co-venturers approve the Rosebank project final investment decision [Read more]

Velvet Energy Ltd. Announces US$125 Million Senior Secured Second Lien Note Financing and an Accelerated 2017 Ellerslie Development Program

CALGARY, AB--(Marketwired - October 05, 2016) -Velvet Energy Ltd. (the "Company" or "Velvet"), a private oil and liquids-rich natural gas producer in the Deep Basin of Alberta, is pleased to announce that it has completed a private placement (the "Financing") of US$125 million of Senior Secured Second Lien Notes due 2023 (the "Notes"). The Company is also pleased to provide an update on its core Edson Ellerslie program and plans for advancing key exploration initiatives. On October 5, 2016, [Read more]

Inter Pipeline Announces October 2016 Cash Dividend and Reinstatement of Premium Dividend

CALGARY, ALBERTA--(Marketwired - Oct. 5, 2016) - Inter Pipeline Ltd. ("Inter Pipeline") (TSX:IPL) announced today the declaration of a cash dividend of $0.13 per share for October 2016. This dividend will be paid on or about November 15, 2016 to shareholders of record on October 21, 2016. This dividend is designated as an "eligible dividend" for Canadian tax purposes. Effective with the October dividend, Inter Pipeline has re-instated the premium component of its Premium Dividend™ and [Read more]

Encana to Outline Five-Year Growth Potential During Investor Day, Company Updates 2016 Guidance to Reflect Lower Costs

CALGARY, AB--(Marketwired - October 05, 2016) - (TSX: ECA) (NYSE: ECA)At today's Investor Day being held in New York City, Encana's President & CEO Doug Suttles along with members of the executive and management teams will outline the company's five-year, quality growth potential.The event will include a review of the company's world-class core four assets which contain an inventory of approximately 10,000 premium return well locations.Encana will outline its relentless focus on growing value [Read more]