BOE Report

TransCanada Announces Closing Conditions Satisfied for Acquisition of Columbia Pipeline Group

CALGARY, ALBERTA and HOUSTON, TEXAS--(Marketwired - June 30, 2016) - News Release Highlights: Acquisition creates one of North America's largest regulated natural gas transmission companies with approximately 90,300 km (56,100 miles) of natural gas pipelines connecting the continent's most prolific supply basins to premium markets Largest North American natural gas storage business with 664 billion cubic feet of capacity $25 billion of secured, near-term growth projects in Canada, [Read more]

Sunshine Oilsands Ltd.: Poll Results of the Annual General Meeting of Shareholders Held on June 30, 2016 (Hong Kong Time) and June 29, 2016 (Calgary Time)

HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - June 30, 2016) - Reference is made to the notice of the annual general meeting of shareholders (the "Meeting") of Sunshine Oilsands Ltd. (the "Corporation") (HKSE:2012) and the accompanying form of proxy both dated May 31, 2016 (the "Notice"). Unless the context requires otherwise, terms used herein shall have the same meanings as those defined in the Corporation's management information circular dated May 31, 2016 (the "Circular). [Read more]

Long Run Exploration Ltd. Announces Closing of Arrangement

CALGARY, ALBERTA--(Marketwired - June 29, 2016) - Long Run Exploration Ltd. ("Long Run" or the "Company") (TSX:LRE) is pleased to announce the closing of the plan of arrangement involving Long Run, Calgary Sinoenergy Investment Corp. (the "Purchaser") and the Long Run securityholders (the "Arrangement"). Pursuant to the Arrangement, the Purchaser has acquired all of the outstanding Long Run common shares and Long Run convertible debentures in exchange for the cash consideration of $0.52 per [Read more]

Pine Cliff Energy Ltd. Announces Closing of $25 Million Disposition of Royalty Assets and Update on Bank Redetermination Process

CALGARY, ALBERTA--(Marketwired - June 29, 2016) - Pine Cliff Energy Ltd. ("Pine Cliff" or the "Company") (TSX:PNE) is pleased to announce that it has closed its previously announced disposition of fee title land and other minor overriding royalty interests for cash consideration of $25 million, prior to any closing adjustments. Pine Cliff also continues its ongoing discussions with its banking syndicate of Canadian Financial Institutions with regard to its borrowing base redetermination. This [Read more]

Manitok Energy Inc. and Raimount Energy Inc. Enter Into Arrangement Agreement and Manitok Energy Inc. Announces Renewed Credit Facility and Non-Brokered Subscription Receipt Private Placement

CALGARY, ALBERTA--(Marketwired - June 29, 2016) - Manitok Energy Inc. ("Manitok") (TSX VENTURE:MEI) and Raimount Energy Inc. ("Raimount") (TSX VENTURE:RMT) are pleased to announce that Manitok and Raimount have entered into an arrangement agreement dated June 29, 2016 (the "Arrangement Agreement") with 1977746 Alberta Inc. ("Acquireco"), being a wholly owned subsidiary of Manitok. Under the terms of the Arrangement Agreement, Manitok will acquire, indirectly through Acquireco, all of the issued [Read more]

Canada Positioned as a Leader in North American Accord on Climate: CAPP

CALGARY, ALBERTA--(Marketwired - June 29, 2016) - Canada is a world leader in innovation and technology in the fight against climate change and has improved its competitive position in North America by committing to the North American Climate, Clean Energy, and Environment Partnership with the United States and Mexico. Canada improved its competitive position by establishing a level playing field on GHG reduction targets with other North American oil and natural gas producers. Canada's [Read more]

Tuscany Announces Receipt of Repayment Demand and Appointment of Receiver

CALGARY, ALBERTA--(Marketwired - June 29, 2016) - Tuscany Energy Ltd. (TSX VENTURE:TUS) ("Tuscany" or the "Company") announces that following extensive discussions with its lender under its credit facility, ATB Financial ("ATB") has demanded repayment of all amounts owing thereunder, being approximately $8.5 million, and delivered a Notice of Intention to Enforce Security under section 244 of the Bankruptcy and Insolvency Act (Canada) (the "BIA") whereby ATB sets forth its intention to enforce [Read more]

Spartan Energy Corp. Announces Two Consolidating Southeast Saskatchewan Light Oil Acquisitions and Bank Line Redetermination

CALGARY, ALBERTA--(Marketwired - June 29, 2016) - Spartan Energy Corp. ("Spartan" or the "Company") (TSX:SPE) is pleased to announce that it has entered into definitive agreements to acquire an aggregate of 1,650 boe/d (99% oil) of light oil production in southeast Saskatchewan in two separate transactions for a total aggregate purchase price of $71.7 million. The acquisitions are consistent with Spartan's strategy of capitalizing on its strong financial position during the current period of [Read more]

Gear Energy Ltd. Announces Closing of $20.125 Million Financing

CALGARY, ALBERTA--(Marketwired - June 29, 2016) - Gear Energy Ltd. ("Gear" or the "Company") (TSX:GXE) is pleased to announce the closing of its previously announced bought deal financing. Pursuant to the financing, Gear has issued and sold through a syndicate of underwriters led by Peters & Co. Limited an aggregate of 28,750,000 common shares of the Company at a price of $0.70 per common share, which includes 3,750,000 common shares issued pursuant to the exercise in full of the [Read more]

MEG Energy provides Annual and Special Meeting voting results

CALGARY, AB--(Marketwired - June 29, 2016) - MEG Energy Corp. (TSX: MEG) announces voting results from its Annual and Special Meeting of Shareholders held on June 28, 2016.Shareholders elected all directors nominated by management, the results being as follows: Director  Vote For  Withhold Vote #  %  #  % William J. McCaffrey  158,019,592  96.1  6,416,514  3.9 David B. Krieger  159,898,158  97.2  4,537,948  2.8 Peter R. Kagan  159,897,507  97.2  4,538,599  2.8 [Read more]