BOE Report

Gibsons Reports Financial Results for Second Quarter 2016 and Confirms Growth Capital Spending Guidance for 2016 and 2017

CALGARY, ALBERTA--(Marketwired - Aug. 2, 2016) - All financial figures are in Canadian dollars Gibson Energy Inc. ("Gibsons" or the "Company") (TSX:GEI) announced today operating and financial results for the three months ended June 30, 2016. Highlights: Adjusted EBITDA(1) of $44 million in the second quarter of 2016 was supported by strong performance of the Infrastructure segment despite overall results being negatively impacted by a management estimated $10 million related to [Read more]

Quantum Energy, Inc. Completes Acquisitions

TEMPE, AZ--(Marketwired - Aug 2, 2016) -  Quantum Energy, Inc. (OTC PINK: QEGY), a diversified energy holding company, is pleased to announce that it has begun to diversify its refinery development plan through the acquisition of opportunistic projects which generate revenue for the company. The first such projects are oil and gas prospects and properties. QEGY has simultaneously acquired a company with approximately 3,000 acres and 89 well bores in the Texas Panhandle along with an approximate [Read more]

Pine Cliff Energy Ltd. Announces Issuance of Insider Subordinated Debt, Sale of Non-Core Assets and Extension of Borrowing Base Redetermination

CALGARY, ALBERTA--(Marketwired - Aug. 2, 2016) - Pine Cliff Energy Ltd. ("Pine Cliff" or the "Company") (TSX:PNE) is pleased to announce that it has issued subordinated floating charge debentures to insiders of the Company for a total of $11 million (the "Debentures"), entered into a purchase and sale agreement to sell a non-core oil asset for $5.5 million (the Disposition") and extended its semi-annual borrowing base redetermination with its banking syndicate of Canadian Financial Institutions [Read more]

Chinook Energy Initiates Strategic Review Process to Expand Core Montney Position

CALGARY, ALBERTA--(Marketwired - Aug. 2, 2016) - Chinook Energy Inc. (TSX:CKE) ("Chinook" or the "Company") announced today that it has initiated a review of strategic alternatives, which may include, among other things, a review of acquisition opportunities to expand its core Montney asset base, or establish a new core of operations. Chinook will also entertain merger, sale, joint venture or other opportunities that will result in a well-capitalized entity that can best develop its emerging [Read more]

Bonterra Energy Corp. Confirms Cash Dividend for July 2016 Payable August 31st, 2016

CALGARY, ALBERTA--(Marketwired - Aug. 2, 2016) - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) announces that the July 2016 monthly cash dividend will be $0.10 per share and will be paid on August 31st, 2016. The record date for the dividend is August 15, 2016 and the ex-dividend date is August 11, 2016. The dividend is paid monthly and is subject to commodity prices and production levels. The dividend is considered an "eligible dividend" for tax purposes. Bonterra [Read more]

Sanchez Production Partners Announces Second Quarter 2016 Earnings Conference Call

HOUSTON, TX--(Marketwired - August 02, 2016) - Sanchez Production Partners LP (NYSE MKT: SPP) ("SPP" or the "Partnership") today announced that it will host a conference call at 10:00 a.m. Central Time (11:00 a.m. Eastern Time) on Friday, August 12, 2016 to discuss second quarter results. The Partnership expects to release its second quarter 2016 earnings before the market opens that day. What: SPP Second Quarter 2016 Earnings Conference Call     When: Friday, Aug. 12, 2016 at 10:00 a.m. [Read more]

Groundstar Resources Limited Announces Issuance of Options and Provides Corporate Update

CALGARY, ALBERTA--(Marketwired - Aug. 2, 2016) - Groundstar Resources Limited (TSX VENTURE:GSA) (the "Company" or "Groundstar") announces the issuance of 200,000 stock options ("Options") exercisable into common shares in the capital of the Company. These options have been granted to the most recently appointed director, Stephen Hughes. The options are exercisable at $0.05 per share and vest in two tranches. The first tranche will vest upon issuance and the second tranche will vest on the second [Read more]

Sunshine Oilsands Obtains Forbearance From Noteholders to Negotiate Definitive Agreement for a Term Loan

HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - Aug. 1, 2016) - (a corporation incorporated under the Business Corporations Act of the Province of Alberta, Canada with limited liability) (HKEX: 2012) By Order of the Board of Sunshine Oilsands Ltd. Sun Kwok Ping, Executive Chairman Hong Kong, August 1, 2016 Calgary, July 31, 2016 As at the date of this announcement, the Board consists of Mr. Kwok Ping Sun, Mr. Hong Luo, Dr. Qi Jiang and Mr. Qiping Men [Read more]

Resolute Energy Corporation to Announce Results for the Second Quarter Ended June 30, 2016, and Hold Investor Conference Call on Tuesday, August 9 at 4:30 pm EDT

DENVER, CO--(Marketwired - Aug 1, 2016) - Resolute Energy Corporation ("Resolute") (NYSE: REN) announced today that it will issue a press release covering operating and financial results for the second quarter ended June 30, 2016, after the market closes on Monday, August 8, 2016. An investor conference call to review the second quarter results will be held on Tuesday, August 9, 2016 at 4:30 PM Eastern Daylight Time. Date: Tuesday, August 9, 2016 Time: 4:30 PM EDT / 3:30 PM CDT [Read more]

Sunshine Oilsands Ltd.: Announcement of Partial Closing of Private Placement of 152,000,000 Common Shares Under Specific Mandate

HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - July 31, 2016) - The Board of Directors of Sunshine Oilsands Ltd. (the "Corporation" or "Sunshine") (HKEX:2012) wishes to announce the following: Partial Closing of Private Placement under Specific Mandate Reference is made to the announcements of the Corporation dated June 1, 2015 (Hong Kong), July 28, 2015 (Hong Kong), August 21, 2015 (Hong Kong), October 1, 2015 (Hong Kong), November 2, 2015 (Hong Kong), December 6, 2015 (Hong [Read more]