BOE Report

Point Loma Resources Ltd. & Madalena Energy Inc. Announce Closing of Asset Deal in Central Alberta and Recapitalization of First Mountain Exploration Inc.

CALGARY, ALBERTA--(Marketwired - June 28, 2016) - Point Loma Resources Ltd. ("Point Loma") and Madalena Energy Inc. (TSX VENTURE:MVN) (OTCQX:MDLNF) ("Madalena") are pleased to announce that, further to their joint news release dated May 17, 2016, First Mountain Exploration Inc. ("First Mountain"), Point Loma Energy Ltd. and Madalena have completed the transactions in which: (i) Point Loma Energy Ltd. has acquired Madalena's non-core Canadian petroleum and natural gas assets focused in the Paddle [Read more]

Pengrowth Announces Board of Director Election Results

CALGARY, ALBERTA--(Marketwired - June 28, 2016) - Attention: Financial Editors Pengrowth Energy Corporation (TSX:PGF)(NYSE:PGH) is pleased to announce that at its annual meeting of shareholders held earlier today, each of the eight nominees listed in its management information circular dated April 29, 2016 were elected as directors of Pengrowth to serve until the next annual meeting of shareholders of Pengrowth, or until their successors are elected or appointed. The results of [Read more]

Arsenal Energy Inc. Announces Closing of Property Sales

CALGARY, ALBERTA--(Marketwired - June 28, 2016) - Arsenal Energy Inc. ("Arsenal" or the "Corporation") (TSX:AEI)(OTC PINK:AEYIF) announces that it has closed its two previously announced property sales (approximately 450 boe/d of production) for total gross proceeds of $11.5 million. The proceeds were used to eliminate the Corporation's bank indebtedness under its credit facility. To receive Arsenal news releases via e-mail, please advise ir@arsenalenergy.com and specify "Arsenal Press [Read more]

Blackbird Energy Inc. Announces Release of Third Quarter 2016 Financial and Operating Results

CALGARY, ALBERTA--(Marketwired - June 28, 2016) - Blackbird Energy Inc. ("Blackbird") (TSX VENTURE:BBI) is pleased to announce that it has released its third quarter 2016 financial and operating results. Blackbird's unaudited condensed consolidated interim financial statements and management discussion and analysis for the quarter ended April 30, 2016 are available on SEDAR at www.sedar.com and are also posted on Blackbird's website at www.blackbirdenergyinc.com. About Blackbird [Read more]

Chinook Energy Announces Closing of Gold Creek Asset Disposition

CALGARY, ALBERTA--(Marketwired - June 28, 2016) - Chinook Energy Inc. (TSX:CKE) ("Chinook") is pleased to announce that, further to its news release dated May 25, 2016, it has completed the disposition of certain assets located in the Gold Creek area of Alberta for aggregate consideration of approximately $7.5 million, subject to customary closing adjustments, with an effective date of May 1, 2016. [Read more]

NuVista Energy Ltd. Announces Closing of Strategic Funding Initiatives

CALGARY, ALBERTA--(Marketwired - June 28, 2016) - NuVista Energy Ltd. ("NuVista" or the "Company") (TSX:NVA) is pleased to announce that it has closed its previously announced funding initiatives taken to increase growth, value, and liquidity for the remainder of 2016 and 2017. These steps include the sale of our W6 Deep Basin Non-Montney Assets ("W6 Assets"), the issuance of senior unsecured notes ("Senior Notes") and completion of a flow through share offering (the "Offering"). The details of [Read more]

Canadian Spirit Resources Inc. Announces Closing of Private Placement

CALGARY, ALBERTA--(Marketwired - June 28, 2016) - Canadian Spirit Resources Inc. ("CSRI" or the "Corporation") (TSX VENTURE:SPI)(OTCBB:CSPUF) is pleased to announce that it has closed its previously announced non-brokered private placement offering in two tranches. The private placement was comprised of a combination of 1,000,000 common shares of the Corporation issued on a flow-through basis pursuant to the Income Tax Act ("Flow-Through Shares") at a price of $0.10 per Flow-Through Share and [Read more]

Pine Cliff Energy Ltd. Announces $25 Million Disposition of Royalty Assets

CALGARY, ALBERTA--(Marketwired - June 27, 2016) - Pine Cliff Energy Ltd. ("Pine Cliff" or the "Company") (TSX:PNE) is pleased to announce that it has entered into an agreement to sell its fee title land and other minor overriding royalty interests (the "Royalty Assets" or the "Disposed Assets") for cash consideration of $25 million, prior to any closing adjustments (the "Disposition"). The Disposition will have an effective date of June 1, 2016 and is expected to close on or around June 30, [Read more]

PetroFrontier Corp. Announces Annual and Special Meeting Results and Loan Advancement

CALGARY, ALBERTA--(Marketwired - June 24, 2016) - PetroFrontier Corp. ("PetroFrontier") (TSX VENTURE:PFC) announces that all of the resolutions put forward at PetroFrontier's Annual and Special Meeting of shareholders held on June 24, 2016 (the "Meeting") other than the resolution to approve Kasten Energy Inc. ("Kasten") as a new Control Person (as such term is defined by the policies of the TSX Venture Exchange (the "TSXV")) were passed at the Meeting. At the request of the TSXV, consideration [Read more]

Tidewater Midstream and Infrastructure Ltd. Announces Second Quarter 2016 Dividend

CALGARY, AB--(Marketwired - June 24, 2016) - THIS RELEASE IS INTENDED FOR DISTRIBUTION OUTSIDE THE UNITED STATES ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION WITHIN THE UNITED STATESTidewater is pleased to announce that its Board has declared a dividend for the second quarter 2016 of $0.01 per common share payable on or about July 29, 2016 to shareholders of record on June 30, 2016. The ex-dividend date is June 28, 2016. This dividend is an eligible dividend for the purpose of the Income Tax Act [Read more]