BOE Report

Spartan Energy Corp. Announces Closing of Strategic Southeast Saskatchewan Light Oil Acquisition

CALGARY, ALBERTA--(Marketwired - June 24, 2016) - Spartan Energy Corp. ("Spartan" or the "Company") (TSX:SPE) is pleased to announce that it has closed its previously announced acquisition of Wyatt Oil + Gas Inc. ("Wyatt"), a privately held corporation with light oil assets in southeast Saskatchewan (the "Acquisition"). The total consideration is comprised of the issuance of approximately 11.4 million Spartan Shares and the assumption of approximately $42 million of net debt. The Acquisition [Read more]

Lone Pine Resources Canada Ltd. and Arsenal Energy Inc. Announce Strategic Business Combination

CALGARY, ALBERTA--(Marketwired - June 24, 2016) - Lone Pine Resources Canada Ltd. ("Lone Pine"), a privately-held oil and gas exploration and production company based in Calgary, Alberta, and Arsenal Energy Inc. ("Arsenal") (TSX:AEI) are pleased to announce that they have entered into a definitive agreement (the "Arrangement Agreement") to effect a business combination by way of a plan of arrangement (the "Arrangement") under the Business Corporations Act (Alberta). Completion of the [Read more]

Suncor Energy closes purchase of additional interest in Syncrude

CALGARY, ALBERTA--(Marketwired - June 23, 2016) - Suncor today announced that it has closed the previously announced purchase of a five per cent interest in Syncrude from Murphy Oil Corporation's Canadian subsidiary. "The closing of this transaction further reinforces Suncor's commitment to profitable growth and creating value for shareholders through strategic acquisitions," said Steve Williams president and chief executive officer. "Despite speculative reports, there has been no change to [Read more]

Suncor Energy Ventures Holding Corporation Announces Results of Debt Tender Offers

CALGARY, ALBERTA--(Marketwired - June 23, 2016) - Suncor Energy Ventures Holding Corporation (formerly Canadian Oil Sands Limited), an Alberta corporation (the "Offeror"), announced today the results of its tender offers to purchase for cash any and all of its outstanding 7.75% Senior Notes due 2019 (the "2019 Notes"), 7.9% Senior Notes due 2021 (the "2021 Notes"), 4.500% Senior Notes due 2022 (the "2022 Notes"), 8.20% Notes due 2027 (the "2027 Notes") and 6.000% Senior Notes due 2042 (the "2042 [Read more]

CAPP Annual Oil Forecast Shows Canada Needs New Major Oil Pipelines

CALGARY, ALBERTA--(Marketwired - June 23, 2016) - Forecasted growth in Canadian oil production shows new major oil pipelines are urgently needed to deliver safe, secure and reliable energy to domestic and world markets, the Canadian Association of Petroleum Producers announced today in its 2016 Crude Oil Forecast, Markets and Transportation report. "Canada's energy future relies on our ability to get Canadian oil and gas to the people who need it," said Tim McMillan, CAPP president and CEO. [Read more]

Sunshine Oilsands Ltd.: Announcement of Partial Closing of Private Placement of 40,000,000 Common Shares Under Specific Mandate

HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - June 22, 2016) - SUNSHINE OILSANDS LTD. (a corporation incorporated under the Business Corporations Act of the Province of Alberta, Canada with limited liability) (HKSE:2012) By Order of the Board of Sunshine Oilsands Ltd. Sun Kwok Ping, Executive Chairman Hong Kong, June 23, 2016 Calgary, June 22, 2016 As at the date of this announcement, the Board consists of Mr. Kwok Ping Sun, Mr. Hong Luo and Dr. Qi Jiang as executive [Read more]

Marquee Energy LTD Shareholders Approve All Resolutions at Annual General Meeting

CALGARY, AB--(Marketwired - June 22, 2016) - Marquee Energy Ltd. ("Marquee" or the "Company") (TSX VENTURE: MQL) (OTCQX: MQLXF) announces that the following matters were approved by the shareholders at the Annual General Meeting ("AGM") held June 22, 2016 in Calgary, Alberta.The shareholders elected the full slate of Directors including Messrs., Glenn R. Carley, Paul E. Moynihan, James H.T. Riddell, Dr. William J.F. Roach, Gregory G. Turnbull, Robert J. Waters and Richard Thompson.The [Read more]

Baytex Provides Update on Tax Reassessment

CALGARY, ALBERTA--(Marketwired - June 22, 2016) - Baytex Energy Corp. ("Baytex") (TSX:BTE)(NYSE:BTE) announces that certain of its indirect subsidiary entities have received reassessments from the Canada Revenue Agency (the "CRA") that deny non-capital loss deductions relevant to the calculation of income taxes for the years 2011 through 2015. These reassessments follow the previously disclosed letter from the CRA, received by Baytex in November 2014, proposing to issue such [Read more]

TransCanada Acquisition of Columbia Pipeline Group Receives Stockholder Support

HOUSTON, TEXAS--(Marketwired - June 22, 2016) - News Release - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) and Columbia Pipeline Group, Inc. (NYSE:CPGX) (Columbia) today announced that at a special meeting held earlier today in Houston, Texas, Columbia's stockholders voted to adopt the previously announced merger agreement. Approximately 95.33% of votes cast by Columbia stockholders were in favour of adoption of the merger agreement, which will have TransCanada acquire Columbia [Read more]

Birchcliff Energy Ltd. Increases Size of Bought Deal Financing

CALGARY, ALBERTA--(Marketwired - June 22, 2016) - Birchcliff Energy Ltd. ("Birchcliff" or the "Corporation") (TSX:BIR) is pleased to announce that in connection with its June 21, 2016 announced bought-deal financing ("Bought Deal Financing"), Birchcliff has entered into an revised agreement with the syndicate of underwriters (the "Underwriters"), co-led by National Bank Financial Inc. ("NBF"), Cormark Securities Inc., GMP Securities L.P. and Scotia Capital Inc., pursuant to which the [Read more]