BOE Report

Gear Energy Ltd. Announces Second Quarter 2016 Operating Results

CALGARY, ALBERTA--(Marketwired - Aug. 3, 2016) - Gear Energy Ltd. ("Gear" or the "Company") (TSX:GXE) is pleased to provide the following second quarter operating update to shareholders. Gear's Interim Financial Statements and related Management's Discussion and Analysis (MD&A) for the period ended June 30, 2016 are available for review on Gear's website at www.gearenergy.com and on www.sedar.com. Financial Summary Three months ended Six months ended (Cdn$ thousands, [Read more]

Spartan Energy Corp. Announces Southeast Saskatchewan Light Oil Acquisition, $70 Million Bought Deal Equity Financing and Updated 2016 Capital Budget

CALGARY, ALBERTA--(Marketwired - Aug. 3, 2016) - Spartan Energy Corp. ("Spartan" or the "Company") (TSX:SPE) is pleased to announce that it has completed the acquisition of approximately 450 boe/d (93% oil and liquids) of production in southeast Saskatchewan for a cash purchase price of $24 million (the "Acquisition"). Spartan is also pleased to announce that it has entered into a bought deal financing agreement with a syndicate of underwriters co-led by Peters & Co. Limited, GMP [Read more]

Veresen Announces Enhanced Funding Strategy Through Pursuing Sale of Power Business and the Suspension of DRIP, Second Quarter Financial Results and Increased Guidance

CALGARY, ALBERTA--(Marketwired - Aug. 3, 2016) - Veresen Inc. ("Veresen") (TSX:VSN) today announced it will pursue the sale of its power generation business and will suspend its Premium Dividend™ and Dividend Reinvestment Plan. Proceeds from the divestiture will be invested to develop Veresen's significant inventory of contracted capital projects in the core natural gas and NGL infrastructure business. These steps will result in a company with the following attributes: Integrated natural [Read more]

Enbridge Energy Management, L.L.C. Confirms Amount of Share Distribution for Second Quarter 2016

HOUSTON, TX--(Marketwired - Aug 3, 2016) -   Enbridge Energy Management, L.L.C. (NYSE: EEQ) ("Enbridge Management") today confirmed that its previously declared share distribution, to be paid on August 12, 2016, will consist of 2.5528 additional shares for each 100 shares of record on August 5, 2016.  The distribution of additional Enbridge Management shares is based on the notional cash value of the declared distribution of $0.583 per share and the average closing price of Enbridge [Read more]

Arsenal Energy Inc. Announces Amended and Restated Arrangement Agreement and Receipt of Interim Order

CALGARY, ALBERTA--(Marketwired - Aug. 3, 2016) - Arsenal Energy Inc. ("Arsenal") (TSX:AEI)(OTC PINK:AEYIF) is pleased to announce that, in connection with its previously announced business combination Lone Pine Resources Canada Ltd. ("Lone Pine") by way of a plan of arrangement (the "Arrangement") under the Business Corporations Act (Alberta), it has entered into an amended and restated arrangement agreement ("Amended and Restated Arrangement Agreement") with Lone Pine, amended as of August 2, [Read more]

PetroShale Announces Grant of Options

CALGARY, ALBERTA--(Marketwired - Aug. 3, 2016) - PetroShale Inc. ("PetroShale" or the "Company") (TSX VENTURE:PSH)(OTCQX:PSHIF) announces that PetroShale has granted a total of 1,350,000 options, 670,000 of which were issued to directors and officers. Each option is exercisable for one common share of PetroShale at a price of $0.70 per common share until July 20th, 2021. About PetroShale PetroShale is an oil company engaged in the acquisition, development and [Read more]

Enbridge Energy Partners, L.P. and Enbridge Inc. Announce Agreement to Acquire Equity Interest in the Bakken Pipeline System Establishing New Path to the U.S. Gulf Coast

HOUSTON, TEXAS and CALGARY, ALBERTA--(Marketwired - Aug. 2, 2016) - Enbridge Energy Partners, L.P. (NYSE:EEP) ("EEP") and Enbridge Inc. (TSX:ENB) (NYSE:ENB) ("Enbridge" or the "Company"), announced today that EEP and Marathon Petroleum Corporation ("Marathon Petroleum") have formed a new joint venture, which in turn has entered into an agreement to acquire a 49 percent equity interest in the holding company that owns 75 percent of the Bakken Pipeline System ("Bakken Pipeline" or the "System") [Read more]

Cardinal Energy Ltd. Announces Second Quarter Results

CALGARY, ALBERTA--(Marketwired - Aug. 2, 2016) - Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX:CJ) is pleased to announce its operating and financial results for the three and six months ended June 30, 2016. The Company's unaudited financial statements and management's discussion and analysis for the quarter ended June 30, 2016, have been filed on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com and on Cardinal's website at [Read more]

Husky Energy and CNOOC Limited Announce Agreement for Liwan Gas Project

CALGARY, AB--(Marketwired - August 02, 2016) - Husky Energy's (TSX: HSE) China subsidiary has signed a Heads of Agreement (HOA) with CNOOC Limited and relevant companies for the price adjustment of natural gas from the Liwan 3-1 and Liuhua 34-2 fields that would see the price set at $12.50-15.00 Cdn per thousand cubic feet (mcf) at current exchange rates. "Long term fundamentals remain strong for natural gas demand in China. The price adjustment will allow Husky and CNOOC to maintain their [Read more]

Gibsons Declares Dividend

CALGARY, ALBERTA--(Marketwired - Aug. 2, 2016) - All financial figures are in Canadian dollars Gibson Energy Inc. ("Gibsons" or the "Company") (TSX:GEI) announced today that its Board of Directors has approved a quarterly dividend of $0.33 per common share payable on October 17, 2016, to shareholders of record at the close of business on September 30, 2016. This dividend is designated as an eligible dividend for Canadian income tax purposes. For non-resident shareholders, [Read more]