BOE Report

TransCanada Reports Solid Second Quarter 2016 Financial Results

CALGARY, ALBERTA--(Marketwired - July 28, 2016) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced net income attributable to common shares for second quarter 2016 of $365 million or $0.52 per share compared to $429 million or $0.60 per share for the same period in 2015. Comparable earnings for second quarter 2016 were $366 million or $0.52 per share compared to $397 million or $0.56 per share for the same period in 2015. TransCanada's Board of Directors also declared a [Read more]

Cenovus has Strong Second-Quarter Operational Performance

CALGARY, AB--(Marketwired - July 28, 2016) - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) continued to deliver strong and reliable operating performance in the second quarter of 2016. The company remains on track with its plans to bring on two new oil sands expansion phases and achieve up to $500 million in capital, operating and general and administrative (G&A) cost reductions compared with its original 2016 budget. "We've achieved significant sustainable improvements in our cost structure [Read more]

MEG Energy reports record-high first half production and record low operating costs

CALGARY, AB--(Marketwired - July 28, 2016) - MEG Energy Corp. (TSX: MEG) today reported second quarter 2016 operating and financial results. Highlights include: Record first half production volumes of 79,883 barrels per day (bpd) with second quarter production of 83,127 bpd and post-maintenance production volumes above 86,000 bpd in May and June; Record-low quarterly net operating costs of $7.43 per barrel, supported by non-energy operating costs of $5.81 per barrel; Cash flow from [Read more]

Blackbird Energy Inc. to Acquire Minority Interest in Stage Completions Inc.

CALGARY, ALBERTA--(Marketwired - July 28, 2016) - Blackbird Energy Inc. ("Blackbird") (TSX VENTURE:BBI) is pleased to announce that it has entered into an agreement for the acquisition of an indirect 10% minority interest in Stage Completions Inc. ("Stage"), a Canadian technology and services company that specializes in pin-point multistage completions, for a cash purchase price of $3.0 million (the "Transaction"). The Transaction remains subject to TSX Venture Exchange approval and the [Read more]

Suncor Energy reports second quarter 2016 results

CALGARY, ALBERTA--(Marketwired - July 27, 2016) - Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and have been prepared in accordance with International Financial Reporting Standards (IFRS), specifically International Accounting Standard (IAS) 34 Interim Financial Reporting as issued by the International Accounting Standards Board. Production volumes are presented on a working interest basis, before royalties, unless noted otherwise. Certain [Read more]

Suncor Energy declares dividend

CALGARY, ALBERTA--(Marketwired - July 27, 2016) - Suncor Energy's Board of Directors has approved a quarterly dividend of $0.29 per share on its common shares, payable September 26, 2016 to shareholders of record at the close of business on September 6, 2016. Suncor Energy is Canada's leading integrated energy company. Suncor's operations include oil sands development and upgrading, conventional and offshore oil and gas production, petroleum refining, and product marketing under the [Read more]

Athabasca Oil Corporation Reports 2016 Second Quarter Results and an Increased Capital Budget for the Placid Montney

CALGARY, ALBERTA--(Marketwired - July 27, 2016) - Athabasca Oil Corporation (TSX:ATH) ("Athabasca" or "the Company") is pleased to provide its 2016 second quarter results and an operations update. During the quarter the Company continued to progress its operational targets in both business divisions and bolstered its financial position through the closing of two strategic transactions. Athabasca's strategy positions the Company for strong growth and sustainability into the future: [Read more]

Saturn Minerals Inc. Closes $495,000 Flow-Through Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 27, 2016) - Saturn Minerals Inc. (TSX VENTURE:SMI)(FRANKFURT:SMK) ("Saturn" or the "Company") is pleased to announce that is has received TSX Venture Exchange ("TSXV") approval and completed a flow-through financing as follows: 5,500,000 flow- through units at a price of $0.09 per unit (the "FT Unit"). Each FT Unit consists of one flow-through common share (the "FT Shares") and 0.3636 non flow-through share purchase warrants (the "FT [Read more]

Gear Energy Ltd. and Striker Exploration Corp. Announce Closing of Arrangement

CALGARY, ALBERTA--(Marketwired - July 27, 2016) - Gear Energy Ltd. ("Gear") (TSX:GXE) and Striker Exploration Corp. ("Striker") (TSX VENTURE:SKX) are pleased to announce the successful completion of the combination of the two companies pursuant to the previously announced plan of arrangement (the "Arrangement"). Pursuant to the Arrangement, shareholders of Striker received 2.325 Gear common shares ("Gear Shares") for each Striker common share ("Striker Share"). As a result, Gear has [Read more]

Sunshine Oilsands Ltd.: Date of Board Meeting

HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - July 27, 2016) - The board of directors (the "Board") of Sunshine Oilsands Ltd. (The "Company") (HKEX:2012) hereby announces that a meeting of the Board will be held on or about 8:00 p.m. on Thursday, August 11, 2016 in Calgary, Canada (on or about 10:00 a.m. Hong Kong time on Friday, August 12, 2016), for the purpose of, approving the interim results and report of the Company and its subsidiaries for the three and six month period ended June [Read more]