BOE Report

Front Range Announces up to $20 Million Financing to Advance Montney Horizontal Drilling Program at Pepper, Alberta

CALGARY, AB--(Marketwired - September 08, 2016) - Front Range Resources Ltd. (the "Company") (TSX VENTURE: FRK) reports that it has filed a preliminary short form prospectus in connection with a proposed offering of up to $18 million of common shares of the Corporation ("Common Shares") at a price of $0.70 per Common Share, of which up to $7 million of Common Shares may be issued as "flow-through shares" within the meaning of the Income Tax Act (Canada) ("Flow-Through Shares") at a price of [Read more]

Cenovus Recognized for Leadership in Corporate Responsibility

CALGARY, AB--(Marketwired - September 08, 2016) - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has been recognized once again for its corporate responsibility performance. The company has been included in the Dow Jones Sustainability North America Index for the seventh consecutive year. Cenovus is one of only three Canadian oil and gas producers to make the index this year. Areas where the company scored well include corporate governance, stakeholder engagement, social and environmental reporting, [Read more]

Crescent Point Announces Increased Capital Expenditures of CDN$600 Million in 2016 and 2017, Upwardly Revised Guidance and a CDN$650 Million Bought Deal Financing

CALGARY, ALBERTA--(Marketwired - Sept. 8, 2016) - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG)(NYSE:CPG) announced today that it has entered into an agreement, on a bought deal basis, to sell 33.7 million common shares at $19.30 per share to raise gross proceeds of approximately CDN$650 million (the "Offering"). The net proceeds will be used to fund incremental growth capital expenditures during 2016 and 2017 and to reduce bank indebtedness. The Offering is subject [Read more]

Inter Pipeline Announces $350 Million Medium-Term Note Offering

CALGARY, ALBERTA--(Marketwired - Sept. 8, 2016) - Inter Pipeline Ltd. ("Inter Pipeline") (TSX:IPL) announced today that it has agreed to issue $350 million of senior unsecured medium-term notes in the Canadian public debt market. The notes will have a fixed interest rate of 2.608% per annum, payable semi-annually, and will mature on September 13, 2023. The offering is expected to close on or about September 13, 2016, subject to customary closing conditions. Inter Pipeline will use the net [Read more]

Inter Pipeline Announces September 2016 Cash Dividend and Increase to Revolving Credit Facility

CALGARY, ALBERTA--(Marketwired - Sept. 8, 2016) - Inter Pipeline Ltd. ("Inter Pipeline") (TSX:IPL) announced today the declaration of a cash dividend of $0.13 per share for September 2016. This dividend will be paid on or about October 14, 2016 to shareholders of record on September 22, 2016. This dividend is designated as an "eligible dividend" for Canadian tax purposes. On August 30, 2016, Inter Pipeline reached an agreement with its lending syndicate to increase the size of its senior, [Read more]

Gear Energy Ltd. Announces 2016 Operational Update

CALGARY, ALBERTA--(Marketwired - Sept. 8, 2016) - Gear Energy Ltd. ("Gear") (TSX:GXE) is pleased to provide an update on operations to date for the 2016 capital program. Operational update To date Gear has successfully drilled 10 horizontal heavy oil wells and is currently drilling the last well of the summer program. Results have been encouraging in both Wildmere, Alberta and Paradise Hill, Saskatchewan with costs averaging under original estimates and initial production rates exceeding [Read more]

Storm Resources Ltd. Announces Processing Arrangement at Umbach and Increased 2017 Production Guidance

CALGARY, ALBERTA--(Marketwired - Sept. 7, 2016) - Storm Resources Ltd. ("Storm" or the "Company") (TSX VENTURE:SRX) is pleased to announce that it has entered into a natural gas processing arrangement at Umbach with Spectra Energy ("Spectra") that is expected to reduce operating costs and support future growth. In addition, production guidance for 2017 is being increased with the anticipated increase in funds flow resulting from this arrangement being used to accelerate Storm's growth in [Read more]

Bayshore Petroleum Corp. Provides Update: Non-Brokered Private Placement Financing and Update on E-T Energy Ltd. Discussions

CALGARY, ALBERTA--(Marketwired - Sept. 7, 2016) - Bayshore Petroleum Corp. ("Bayshore" or the "Company") (TSX VENTURE:BSH) announces that, as an update to the news release of July 29, 2016, the Company continues its discussions with E-T Energy Ltd. ("ET"). ET has now advised Bayshore that ET shareholders have ultimately decided not to proceed with a corporate restructure as previously envisioned and presented to them. The Company is therefore examining remaining options and alternatives to the [Read more]

Yoho Resources Inc. Announces Closing of Going-Private Transaction Led by One Stone Energy Partners

CALGARY, ALBERTA--(Marketwired - Sept. 7, 2016) - Yoho Resources Inc. (TSX VENTURE:YO) ("Yoho") announced today the completion of a going private transaction by way of statutory plan of arrangement (the "Arrangement") involving Yoho and 1981064 Alberta Ltd. ("AcquisitionCo"), an entity related to One Stone Energy Partners, L.P. ("One Stone"). Pursuant to the Arrangement, all common shareholders of Yoho are entitled to receive $0.475 in cash for each Yoho common share (the "Yoho Shares") held, [Read more]

Yoho Resources Inc. Announces Shareholder and Court Approvals of Previously Announced Going-Private Transaction

CALGARY, ALBERTA--(Marketwired - Sept. 6, 2016) - Yoho Resources Inc. (TSX VENTURE:YO) ("Yoho") is pleased to announce that today it received requisite shareholder approvals and approval of the Court of Queen's Bench of Alberta for its previously announced plan of arrangement (the "Arrangement") pursuant to which 1981064 Alberta Ltd., an entity related to One Stone Energy Partners, L.P., will acquire all of the issued and outstanding common shares of Yoho ("Yoho Shares") for $0.475 per share, [Read more]