BOE Report

Suncor Energy furthers commitment to solvent-based extraction with Nsolv Corporation

CALGARY, ALBERTA--(Marketwired - Sept. 16, 2016) - Suncor today provided an update on its work with Nsolv Corporation to test solvent-based extraction techniques and explore advancing the technology to commercial scale implementation. Suncor will continue to test the Nsolv technology, which uses a solvent in place of steam in current in situ bitumen extraction techniques. Since 2013, Suncor and Nsolv have been working together on a pilot of the Nsolv technology at Suncor's Dover test site, [Read more]

TransCanada’s ANR Pipeline Files Settlement in Section 4 Rate Case

HOUSTON, TEXAS--(Marketwired - Sept. 21, 2016) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced that its ANR Pipeline Company filed a comprehensive settlement of its current Natural Gas Act Section 4 rate case with the Federal Energy Regulatory Commission (FERC). The settlement, which was supported or unopposed by all parties, settles all issues in its general rate case. New settlement rates are effective August 1, 2016, subject to ultimate approval of the [Read more]

Veresen Announces Common Share Dividend for September 2016

CALGARY, ALBERTA--(Marketwired - Sept. 21, 2016) - Veresen Inc. ("Veresen") (TSX:VSN) announces that its Board of Directors has declared a cash dividend for September 2016 of $0.0833 per common share. The dividend will be paid on October 21, 2016 to shareholders of record at the close of business on September 30, 2016. This dividend is designated an "eligible dividend" for Canadian income tax purposes. About Veresen Inc. Veresen is a publicly-traded dividend paying corporation [Read more]

Suncor Energy provides update on Shelburne Basin exploration project

CALGARY, ALBERTA--(Marketwired - Sept. 21, 2016) - Suncor reports that it has been advised by the operator of the Shelburne Basin joint venture exploration project, Shell Canada Limited, that the drilling of the first exploration well has been completed and it is non-commercial. As a result, in the third quarter of 2016 Suncor will write off its share of the cost of the well which, under the commercial terms of Suncor's farm-in agreement, is expected to be approximately $105 million [Read more]

Manitok Energy Inc. Announces It Has Spud a Lithic Glauc Well at Carseland and the Initial Production Rates From Its First Rockyford Lithic Glauc Well

CALGARY, ALBERTA--(Marketwired - Sept. 21, 2016) - Manitok Energy Inc. (the "Corporation" or "Manitok") (TSX VENTURE:MEI) announces the initial production rates from a successfully drilled horizontal Lithic Glauconitic ("LG") exploration well in the Rockyford area pursuant to a farm-out agreement that was previously announced in November 2015, and that it has spud the first horizontal LG well of its 2016 drilling program in the Carseland area. Through its farm-out agreement in the Rockyford [Read more]

Marquee Energy Ltd. Announces Intention to Adjourn September 21, 2016 Special Meeting of Shareholders and Intention to Appeal Court Order

CALGARY, AB--(Marketwired - September 20, 2016) - Marquee Energy Ltd. ("Marquee" or the "Company") (TSX VENTURE: MQL) (OTCQX: MQLXF) announces that the special meeting of shareholders (the "Special Meeting") to be held on Wednesday, September 21, 2016, called to consider, and if thought advisable, to approve a special resolution authorizing the Arrangement with Alberta Oilsands Inc. (as described in the Company's news release dated August 19, 2016) will be adjourned. It is expected that the [Read more]

InPlay Oil Corp. and Anderson Energy Inc. Announce Strategic Business Combination, Pembina Cardium Acquisition and “Bought Deal” Financing

CALGARY, ALBERTA--(Marketwired - Sept. 19, 2016) - InPlay Oil Corp. ("InPlay"), a private Alberta based light oil focused exploration and development company, and Anderson Energy Inc. ("Anderson") (TSX:AND) are pleased to announce that they have entered into an arrangement agreement dated September 19, 2016 (the "Arrangement Agreement") that provides for the combination of InPlay and Anderson to create a new, well-capitalized, high netback, Cardium focused producer. The combination of InPlay and [Read more]

Crescent Point Announces Closing of Bought Deal Financing

CALGARY, ALBERTA--(Marketwired - Sept. 20, 2016) - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG)(NYSE:CPG) has closed its previously announced bought deal financing. A total of 33,700,000 Crescent Point common shares have been issued at a price of $19.30 per share for gross proceeds of approximately CDN$650 million (the "Financing"). The associated over-allotment option granted to the underwriters can be exercised at any time until and including 30 days from today's [Read more]

Encana Announces Pricing of Public Offering of Common Shares

CALGARY, AB--(Marketwired - September 19, 2016) - Encana Corporation ("Encana") (TSX: ECA) (NYSE: ECA) announced today the pricing of its public offering ("Offering") of common shares ("Shares") of Encana. Encana agreed to sell 107,000,000 Shares at a public offering price of US$9.35 per Share for gross proceeds to Encana of US$1,000,450,000. In connection with the Offering, Encana has granted the underwriters, led by Credit Suisse Securities (Canada), Inc. and J.P. Morgan, a 30-day [Read more]

Petrocapita Announces Proceeds of $9.787 Million From Debentures

CALGARY, ALBERTA--(Marketwired - Sept. 19, 2016) - Petrocapita Income Trust (CSE:PCE.UN) ("Petrocapita" or the "Trust") announces gross proceeds to date of $4,787,000 from the sale of its 8% secured convertible debentures (the "Convertible Debentures") pursuant to its previously announced private placement offering of these Convertible Debentures. Additionally, Petrocapita announces gross proceeds from the sale of a $5,000,000 secured debenture (the "Debenture") of which $3,000,000, plus or [Read more]