BOE Report

Baytex Announces Executive Appointment

CALGARY, ALBERTA--(Marketwired - July 13, 2016) - Baytex Energy Corp. ("Baytex") (TSX:BTE)(NYSE:BTE) is pleased to announce the appointment of Ed LaFehr to the position of President effective July 18, 2016. Mr. LaFehr will report to James Bowzer in his capacity as Chief Executive Officer. Mr. LaFehr most recently served as Chief Operating Officer at Abu Dhabi National Energy Company ("TAQA") in Abu Dhabi, UAE. He has 35 years of global experience leading large organizations, directing [Read more]

Lightstream Announces Results of Preliminary Interim Order Application

CALGARY, ALBERTA--(Marketwired - July 13, 2016) - Lightstream Resources Ltd. (the "Company" or "Lightstream") (TSX:LTS) announces that, in connection with our proposed recapitalization transaction announced on July 12, 2016, we have received a preliminary interim order (the "Preliminary Interim Order") from the Court of Queen's Bench of Alberta initiating proceedings under the Canada Business Corporations Act ("CBCA") in respect of a proposed CBCA plan of arrangement. The Preliminary Interim [Read more]

Energy East to Sign Significant MOU

OTTAWA, ONTARIO--(Marketwired - July 13, 2016) - Media Advisory - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada), four major unions and the association representing Canadian pipeline contractors and construction trade workers invite members of the media to attend a press conference to witness the signing of a significant Memorandum of Understanding (MOU) related to TransCanada's $15.7 billion Energy East Pipeline Project. The MOU means employment for thousands of Canadian workers to [Read more]

Birchcliff Energy Ltd. Announces Closing of Financings for Gross Proceeds of $690.8 Million

CALGARY, ALBERTA--(Marketwired - July 13, 2016) - Birchcliff Energy Ltd. ("Birchcliff" or the "Corporation") (TSX:BIR) is pleased to announce that it has closed its previously announced bought-deal financing (the "Offering") through a syndicate of underwriters co-led by National Bank Financial Inc., Cormark Securities Inc., GMP Securities L.P. and Scotia Capital Inc. (the "Co-Lead Underwriters") and including CIBC World Markets Inc., HSBC Securities (Canada) Inc., TD Securities Inc., Raymond [Read more]

Lightstream Announces Proposed Recapitalization Transaction

CALGARY, ALBERTA--(Marketwired - July 12, 2016) - Lightstream Resources Ltd. (the "Company" or "Lightstream") (TSX:LTS) announces that, as a result of our previously announced discussions with an ad hoc committee (the "Ad Hoc Committee") of the holders (the "Secured Noteholders") of the Company's US$650 million 9.875% second lien secured notes due June 15, 2019 (the "Secured Notes"), the Company has entered into a restructuring support agreement (the "Support Agreement") with members of the Ad [Read more]

Cardinal Energy Ltd. Confirms Monthly Dividend for July

CALGARY, ALBERTA--(Marketwired - July 12, 2016) - Cardinal Energy Ltd. ("Cardinal") (TSX:CJ) confirms that a dividend of $0.035 per common share will be paid on August 15, 2016 to shareholders of record on July 29, 2016 with an ex-dividend date of July 27, 2016. The Board of Directors of Cardinal has declared the dividend payable in either cash or common shares at the election of the shareholder. This dividend has been designated as an "eligible dividend" for Canadian income tax purposes. [Read more]

DXI Announces Closing of Final Tranche of Cdn.$995,800 Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 12, 2016) - DXI Energy Inc. (NYSE MKT:DXI)(TSX:DXI) ("DXI" or the "Company"), an upstream oil and gas exploration and production company operating in Colorado's Piceance Basin and the Peace River Arch region in British Columbia, today announced it has closed the Cdn.$353,800 final tranche of its private placement (the "Offering"), previously reported by the Company on May 27 and June 28, 2016. A total of 2,948,333 common shares of the Company [Read more]

PetroFrontier Corp. Announces Execution of Definitive Agreement and Filing of Filing Statement in Connection With Proposed Asset Acquisition

CALGARY, ALBERTA--(Marketwired - July 12, 2016) - PetroFrontier Corp. ("PetroFrontier") (TSX VENTURE:PFC) is pleased to announce that further to its news release dated June 1, 2016, PetroFrontier and Kasten Energy Inc. ("Kasten"), have entered into a definitive agreement dated July 12, 2016 (the "Definitive Agreement") for the acquisition of certain resource assets of Kasten (the "Assets") in the Cold Lake area of northeastern Alberta (the "Acquisition"). In connection with the Acquisition, [Read more]

Tamarack Valley Energy Ltd. Closes Its Bought Deal Financings

CALGARY, ALBERTA--(Marketwired - July 12, 2016) - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX VENTURE:TVE) is pleased to announce that it has completed its previously announced bought deal public offering of subscription receipts of the Company including the underwriters' over-allotment option ("Subscription Receipts") and bought deal public offering of common shares of the Company issued on a flow-through basis ("Flow-Through Shares") for aggregate gross proceeds of [Read more]

BlackPearl Renews Bank Credit Facilities and Provides an Operations Update

CALGARY, ALBERTA--(Marketwired - July 12, 2016) - BlackPearl Resources Inc. ("BlackPearl" or the "Company") (TSX:PXX)(OMX:PXXS) announced today the completion of the semi-annual review of its credit facilities with its syndicated group of lenders. As a result of this review the maximum borrowing amount has been reduced from $150 million to $117.5 million. The lenders have agreed to extend the revolving period to May 27, 2017, which may be extended in the future at the discretion of the [Read more]