BOE Report

Cenovus Announces $32 Million Caribou Habitat Initiative

CALGARY, AB--(Marketwired - June 14, 2016) - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) is announcing the details today of its $32 million, 10-year Caribou Habitat Restoration Project, an unprecedented initiative to help protect threatened woodland caribou near the company's operations in northeastern Alberta. "At Cenovus, we've been working on cutting-edge caribou habitat restoration for several years," said Jon Mitchell, Cenovus Vice-President, Environment & Sustainability. "Today, we're [Read more]

NuVista Energy Ltd. Announces Strategic Update

CALGARY, ALBERTA--(Marketwired - June 13, 2016) - NuVista Energy Ltd. ("NuVista" or the "Company") (TSX:NVA) is pleased to announce a number of key steps that have been taken to increase growth, value, and liquidity for the remainder of 2016 and 2017. These include the sale of our W6 Deep Basin Non-Montney Asset, the placement of senior unsecured notes ("Senior Notes"), and the augmentation of our spending plans. These steps, together with recent strengthening of commodity strip prices, allow us [Read more]

TransCanada Partnership Awarded Contract to Build US$2.1 Billion Sur de Texas-Tuxpan Natural Gas Pipeline in Mexico

MEXICO CITY, MEXICO and CALGARY, ALBERTA--(Marketwired - June 13, 2016) - News Release -- TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced that its joint venture with IEnova, Infraestructura Marina del Golfo (IMG), has been chosen to build, own and operate the US$2.1 billion Sur de Texas-Tuxpan natural gas pipeline in Mexico. The project will be supported by a 25-year natural gas transportation service contract for 2.6 billion cubic feet a day with the Comisión Federal [Read more]

Paramount Resources Ltd. Announces the Closing of its Annual Bank Credit Facility Renewal

CALGARY, ALBERTA--(Marketwired - June 13, 2016) - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX:POU) announces the closing of the annual renewal of its bank credit facility (the "Facility"). The revolving period of the Facility has been extended to April 28, 2017 and the maturity date has been extended to April 28, 2018. Commitments under the renewed Facility are $350 million, with a scheduled step-down to $300 million on the earlier of October 31, 2016, or the occurrence of [Read more]

Chinook Energy Announces Strategic Transaction to Create a Well Capitalized Montney Focused Growth Company

CALGARY, ALBERTA--(Marketwired - June 13, 2016) - Chinook Energy Inc. (TSX:CKE) ("Chinook" or the "Company") announced today that it has completed the divestiture of the majority of its Alberta oil and natural gas assets, excluding its Montney assets (the "Subject Assets"), with an effective date of May 1, 2016, to Tournament Exploration Ltd ("Tournament"), a private oil and natural gas company, for common shares in Tournament (the "Transaction") representing approximately 70% of the issued and [Read more]

Cardinal Energy Ltd. Confirms Monthly Dividend for June

CALGARY, ALBERTA--(Marketwired - June 9, 2016) - Cardinal Energy Ltd. ("Cardinal") (TSX:CJ) confirms that a dividend of $0.035 per common share will be paid on July 15, 2016 to shareholders of record on June 30, 2016 with an ex-dividend date of June 28, 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]

Tourmaline Oil Corp. Announces Election of Directors

CALGARY, AB--(Marketwired - June 09, 2016) - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline") is pleased to announce that the nominees listed in its information circular dated April 25, 2016 were elected as directors of Tourmaline. The detailed results of the vote for the election of directors held at its annual meeting of shareholders on June 8, 2016 in Calgary, Alberta are set out below. Election of Directors On a vote by ballot, each of the following eleven nominees proposed by management was [Read more]

Questfire Energy Corp. Announces Cancellation of Stock Options

CALGARY, ALBERTA--(Marketwired - June 8, 2016) - NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS. Questfire Energy Corp. (the "Corporation" or "Questfire") (TSX VENTURE:Q.A)(TSX VENTURE:Q.B) announces that it has cancelled today a total of 300,000 incentive stock options ("Options"), granted under the Corporation's stock option plan to certain officers and directors of the Corporation. The cancelled Options were voluntarily surrendered by the holders thereof for no [Read more]

RMP Energy Announces Annual and Special Meeting Voting Results on Election of Directors

CALGARY, ALBERTA--(Marketwired - June 8, 2016) - RMP Energy Inc. ("RMP" or the "Company") (TSX:RMP) is pleased to announce that the Company held its annual and special meeting of shareholders (the "Meeting") on June 7, 2016. At the Meeting, shareholders approved the election of seven nominees as directors of RMP to serve until the next annual meeting of shareholders or until their successors are elected or appointed, with the number and percentage of common shares represented at the Meeting [Read more]

Gear Energy Ltd. Announces Increase to Bought Deal Equity Financing

CALGARY, ALBERTA--(Marketwired - June 8, 2016) - Gear Energy Ltd. ("Gear" or the "Company") (TSX:GXE) is pleased to announce that in connection with its previously announced bought deal financing, Gear and the syndicate of underwriters led by Peters & Co. Limited, and including AltaCorp Capital Inc., FirstEnergy Capital Corp., National Bank Financial Inc., and GMP Securities L.P., have agreed to increase the size of the financing. Gear will now issue 25.0 million common shares ("Common [Read more]