BOE Report

Pieridae Energy Limited: Sproule Update on Bourque

CALGARY, ALBERTA--(Marketwired - Nov. 23, 2017) - THIS PRESS RELEASE MUST NOT BE SENT TO U.S. NEWSWIRES OR DISTRIBUTED IN THE U.S. Pieridae Energy Limited (TSX VENTURE:PEA) ("Pieridae" or the "Company") is pleased to announce the update of a report prepared by Sproule Associates Limited1 for its Bourque property. The partners on the Bourque project are Pieridae (previously Pétrolia Inc.), Ressources Québec and Tugliq. Pieridae is the operator of Bourque and majority owner. [Read more]

RMP Energy Announces Name Change to Iron Bridge Resources Inc.

CALGARY, Alberta, Nov. 22, 2017 (GLOBE NEWSWIRE) -- RMP Energy Inc. (the "Company") is pleased to announce that it has changed its name to Iron Bridge Resources Inc., effective immediately. In connection with the name change, the Company's common shares are expected to start trading on the Toronto Stock Exchange under a new stock symbol: “IBR” at the open of markets on Monday, November 27, 2017.  No action is required to be taken by the Company’s shareholders with respect to this corporate name [Read more]

Suncor Energy announces further debt reduction

CALGARY, ALBERTA--(Marketwired - Nov. 22, 2017) - As announced earlier today, Suncor successfully closed the sale of a 49% equity interest in the East Tank Farm Development project for aggregate proceeds of $503 million. Suncor is directing the proceeds from this sale, together with the proceeds from the issuance earlier this month of US$750 million in aggregate principal amount of 4.000% senior unsecured notes due 2047, towards the early redemption of outstanding US$600 million 6.05% senior [Read more]

TransCanada Evaluating Nebraska PSC Decision On Keystone XL

OMAHA, NEBRASKA--(Marketwired - Nov. 20, 2017) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) confirmed today that the Nebraska Public Service Commission (PSC) has approved an alternative route for the proposed Keystone XL Pipeline project through the state. TransCanada is evaluating the PSC's decision. "As a result of today's decision, we will conduct a careful review of the Public Service Commission's ruling while assessing how the decision would impact the cost and schedule [Read more]

TransCanada responds to oil leak in Amherst, South Dakota

AMHERST, SOUTH DAKOTA--(Marketwired - Nov. 16, 2017) - News Release - TransCanada (TSX:TRP) (NYSE:TRP) crews safely shut down its Keystone pipeline at approximately 6 a.m. CST (5 a.m. MST) after a drop in pressure was detected in its operating system resulting from an oil leak that is under investigation. The estimated volume of the leak is approximately 5,000 barrels. The section of pipe along a right-of-way approximately 35 miles (56 kilometres) south of the Ludden pump station in Marshall [Read more]

RMP Energy Receives TSX Approval for Normal Course Issuer Bid

CALGARY, Alberta, Nov. 16, 2017 (GLOBE NEWSWIRE) -- RMP Energy Inc. (the "Company") (TSX:RMP) is pleased to announce that the Toronto Stock Exchange ("TSX") has accepted the Company’s notice of intention to commence a normal course issuer bid (the "NCIB").  Under the NCIB, the Company may purchase for cancellation, from time to time, as it considers advisable, up to a maximum of 12,000,000 common shares of the Corporation ("Common Shares"), which represents approximately 9% of its 136,661,148 [Read more]

Seven Generations sharpens focus on returns in multi-year, fully-funded organic growth plan with expanded core drilling inventory

CALGARY, ALBERTA--(Marketwired - Nov. 16, 2017) - Seven Generations Energy's Board of Directors has approved 2018 capital investment of $1.675 to $1.775 billion, which will target an average production range of 200,000 to 210,000 boe/d in 2018 and build the longer-term capacity to produce 220,000 to 240,000 boe/d in 2019. At the midpoint of each year's production forecast, this represents a compound annual growth rate of approximately 15 percent from forecasted 2017 average production. 7G [Read more]

Suncor Energy announces 2018 capital program and production outlook

CALGARY, ALBERTA--(Marketwired - Nov. 15, 2017) - Suncor released its 2018 corporate guidance today which includes a capital program of between $4.5 and $5.0 billion and average upstream production of 740,000 to 780,000 barrels of oil equivalent per day (boe/d). The midpoints of these ranges represent a year over year production increase of more than 10 per cent and a capital spending reduction of approximately $750 million. Suncor's Oil Sands operations cash operating costs per barrel are [Read more]

Birchcliff Energy Ltd. Announces TSX Approval for Normal Course Issuer Bid

CALGARY, ALBERTA--(Marketwired - Nov. 15, 2017) - Birchcliff Energy Ltd. ("Birchcliff" or the "Corporation") (TSX:BIR) is pleased to announce that the Toronto Stock Exchange (the "TSX") has accepted the Corporation's notice of intention to make a normal course issuer bid (the "NCIB"). Birchcliff believes that within a continued volatile market environment, the prevailing market price of its common shares ("Common Shares") from time to time may not reflect the underlying value of such shares. [Read more]

PrairieSky Royalty Declares November Dividend

CALGARY, ALBERTA--(Marketwired - Nov. 15, 2017) - PrairieSky Royalty Ltd. ("PrairieSky") (TSX:PSK) announced today that its Board of Directors has declared a dividend of CDN $0.0625 per common share, payable in cash on December 15, 2017 to shareholders of record on November 30, 2017. This dividend is designated as an "eligible dividend" for Canadian income tax purposes. About PrairieSky Royalty Ltd. PrairieSky is a royalty-focused company, generating royalty revenues as petroleum [Read more]