BOE Report

Leucrotta Announces Q2 2016 Financial and Operating Results

CALGARY, ALBERTA--(Marketwired - Aug. 18, 2016) - LEUCROTTA EXPLORATION INC. (TSX VENTURE:LXE) ("Leucrotta" or the "Company") is pleased to announce its financial and operating results for the three and six months ended June 30, 2016. All dollar figures are Canadian dollars unless otherwise noted. HIGHLIGHTS Maintained a working capital balance of $39.8 million, including cash of $38.1 million, at June 30, 2016 Subsequent to June 30, 2016, sold certain gas plant equipment for cash [Read more]

Paramount Resources Ltd. Announces the Results of Its Extended Consent Solicitation for Its 2019 Notes

CALGARY, ALBERTA--(Marketwired - Aug. 17, 2016) - Paramount Resources Ltd. (TSX:POU) ("Paramount" or the "Company") announced today that the holders of approximately $283.5 million aggregate principal amount of its senior unsecured notes due 2019 (the "2019 Notes") consented to the waiver and amendment of certain provisions of the indenture for the 2019 Notes such that Paramount's previously announced Musreau / Kakwa asset sale to Seven Generations Energy Ltd. (the "Sale Transaction") can be [Read more]

Inter Pipeline Announces Closing of $600 Million Subscription Receipt Offering

CALGARY, ALBERTA--(Marketwired - Aug. 17, 2016) - Inter Pipeline Ltd. ("Inter Pipeline") (TSX:IPL) announced today that it has closed its previously announced equity offering of 22,430,000 subscription receipts at $26.75 per subscription receipt for gross proceeds of $600,002,500. The offering was made on a bought deal basis through a syndicate of underwriters led by TD Securities Inc., as sole bookrunner, and co-led by CIBC Capital Markets and RBC Capital Markets, and including BMO Capital [Read more]

Pan Orient Energy Corp.: 2016 Second Quarter Financial & Operating Results

CALGARY, ALBERTA--(Marketwired - Aug. 17, 2016) - Pan Orient Energy Corp. ("Pan Orient" or the "Company") (TSX VENTURE:POE) reports 2016 second quarter consolidated financial and operating results. Please note that all amounts are in Canadian dollars unless otherwise stated and BOPD refers to barrels of oil per day. The Company is today filing its unaudited consolidated financial statements as at and for the six months ended June 30, 2016 and related management's discussion and analysis with [Read more]

Sunshine Oilsands Ltd. Inside Information: Extension of Second Forbearance Agreement With Noteholders

HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - Aug. 17, 2016) - The Board of Directors (the "Board") of Sunshine Oilsands Ltd. (the "Corporation" or "Sunshine") (HKSE:2012) is pleased to announce the following: EXTENSION OF SECOND FORBEARANCE AGREEMENT WITH NOTEHOLDERS Reference is made to the announcements of the Corporation dated August 5, 2014, August 8, 2014 and February 5, 2016 (all Hong Kong time) and in relation to, among other things, the offering of US$200 million [Read more]

Paramount Resources Ltd. Announces That It Has Extended the Consent Solicitation for Its 2019 Notes

CALGARY, ALBERTA--(Marketwired - Aug. 16, 2016) - Paramount Resources Ltd. (TSX:POU) ("Paramount" or the "Company") announced today that it has extended the expiry time of its consent solicitation to the holders of its senior unsecured notes due 2019 to 5:00 p.m. (Toronto time) on August 17, 2016 which shall be deemed to be the new "Expiration Time" for all purposes of such solicitation. At this time consents in respect of approximately $92 million principal amount of notes have been received. [Read more]

Alberta’s Cap on Oilsands Emissions Will Cost Billions With Little Effect on Greenhouse Gases

CALGARY, AB--(Marketwired - August 16, 2016) - Capping carbon emissions in Alberta's oilsands will leave hundreds of billions of dollars in the ground while doing very little to reduce greenhouse gases, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. The study, How Alberta's Carbon Emission Cap Will Reduce Oil Sands Growth, estimates the provincial government's proposed cap of 100 megatonnes of emissions will [Read more]

Saturn Minerals Inc. Acquires 158 Sections of Oil & Gas Exploration Permits

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 16, 2016) - Saturn Minerals Inc. (TSX VENTURE:SMI)(FRANKFURT:SMK) ("Saturn" or the "Company") is pleased to announce the successful acquisition of 158 sections (41,000 hectares / 410 sq.km) of Oil & Gas Special Exploration Permits (the "Permits"). The acquisition of these additional permit areas are the result of a technical evaluation of drilling programs carried out on the Bannock Creek property which have confirmed Saturn's exploration [Read more]

Storm Resources Ltd. Is Pleased to Announce Its Financial and Operating Results for the Three and Six Months Ended June 30, 2016

CALGARY, ALBERTA--(Marketwired - Aug. 15, 2016) - Storm Resources Ltd. (TSX VENTURE:SRX) - Storm has filed its unaudited condensed interim consolidated financial statements as at June 30, 2016 and for the three and six months then ended along with Management's Discussion and Analysis ("MD&A") for the same period. This information appears on SEDAR at www.sedar.com and on Storm's website at www.stormresourcesltd.com. Selected financial and operating information for the three and six [Read more]

Tanager Energy Provides U.S. Operations Update

CALGARY, ALBERTA--(Marketwired - Aug. 15, 2016) - Tanager Energy Inc. ("Tanager" or the "Corporation") (TSX VENTURE:TAN) announced today that Tanager has successfully tested the Paleo Oil Company Cain-Carter #1 well, an asset acquired in its recent Polk County, Texas transaction. Originally completed in 1986 in the lower Woodbine formation, the well has not been capable of continuous daily production in over a decade. After performing preliminary remedial work on the well to remove blockage, the [Read more]