BOE Report

AltaGas Ltd. Announces Closing of $440 Million Common Share Offering

CALGARY, ALBERTA--(Marketwired - June 6, 2016) - AltaGas Ltd. ("AltaGas") (TSX:ALA) announced today that it has completed its previously announced public offering of 14,685,000 Common Shares (the "Common Shares"), on a bought deal basis, at an issue price of $30.00 per Common Share (the "Offering Price"), for total gross proceeds of approximately $440 million (the "Offering"). The offering is comprised of the previously announced offering of 13,350,000 Common Shares at the Offering Price for [Read more]

Anterra Energy Announces Extension of CCAA Protection Until August 16, 2016 and Resignation of Director

CALGARY, ALBERTA--(Marketwired - June 3, 2016) - Anterra Energy Inc. ("Anterra" or the "Company") (TSX VENTURE:AE.A) announces that the Court of Queen's Bench of Alberta, Judicial Centre of Calgary (the "Court") has granted an extension until August 16, 2016 of the initial Order granted on May 6, 2016 pursuant to which Anterra was granted creditor protection under the Companies' Creditors Arrangement Act (Canada) (the "CCAA"). The extension was supported by PricewaterhouseCoopers Inc., the [Read more]

Sunshine Oilsands Ltd.: Announcement of Partial Closing of Private Placement of 13,333,333 Common Shares Under Specific Mandate

HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - June 3, 2016) - The Board of Directors of Sunshine Oilsands Ltd. (the "Corporation" or "Sunshine") (HKSE:2012) wishes to announce the following: Partial Closing of Private Placement under Specific Mandate Reference is made to the announcements of the Corporation dated June 1, 2015 (Hong Kong), July 28, 2015 (Hong Kong), August 21, 2015 (Hong Kong), October 1, 2015 (Hong Kong), November 2, 2015 (Hong Kong), December 6, 2015 (Hong Kong), [Read more]

Delphi Energy Announces Increase and Pricing of Offering

CALGARY, ALBERTA--(Marketwired - June 2, 2016) - Delphi Energy Corp. ("Delphi" or the "Company") (TSX:DEE) is pleased to announce that it has priced its previously announced marketed offering (the "Offering") of units of Delphi (the "Units") and as a result of strong investor demand that exceeded the final offering size, the size of the Offering has been increased from 40,000 Units to 60,000 Units, for total gross proceeds of $60 million, up from $40 million. The Offering is underwritten by [Read more]

Arsenal Energy Inc. Announces Amended Loan Agreement

CALGARY, ALBERTA--(Marketwired - June 2, 2016) - Arsenal Energy Inc. ("Arsenal" or the "Company") (TSX:AEI)(OTCQX:AEYIF) announces that the Company has entered into an amending agreement ("Amending Agreement") with its syndicate of bankers. Under the Amending Agreement, the Company's borrowing base has been redetermined at $6.0 million. The Company estimates its current bank borrowings at approximately $9.3 million. Under the terms of the Amending Agreement, the Company has until June 30, 2016 [Read more]

Gibsons Announces Closing of $230 Million Equity Financing and $100 Million Offering of Unsecured Subordinated Convertible Debentures for Total Gross Proceeds of $330 Million

CALGARY, ALBERTA--(Marketwired - June 2, 2016) - Gibson Energy Inc. ("Gibsons" or the "Company") (TSX:GEI) is pleased to announce that it has completed its previously announced bought deal offering (the "Offering"). Pursuant to the Offering, Gibsons issued a total of 14,892,500 common shares, which includes the exercise in full by the underwriters of the over-allotment option, at a price of $15.45 per common share, and $100 million of unsecured subordinated convertible debentures for total [Read more]

Pine Cliff Energy Ltd. Announces Extension of Borrowing Base Redetermination Date

CALGARY, ALBERTA--(Marketwired - June 1, 2016) - Pine Cliff Energy Ltd. ("Pine Cliff" or the "Company") (TSX:PNE) announces that it has entered into an agreement with the Company's syndicate of Canadian Financial Institutions to extend the borrowing base redetermination date to June 30, 2016. Pine Cliff continues to consider various options to improve its balance sheet while at the same time preserving the core business of the Company. These options include sale of non-core investments and [Read more]

Delphi Energy Announces Voting Results From its Annual General Meeting of Shareholders

CALGARY, ALBERTA--(Marketwired - June 1, 2016) - Delphi Energy Corp. ("Delphi" or the "Company")(TSX:DEE) announces the voting results of its annual meeting of shareholders held on May 24th, 2016. ANNUAL MEETING OF SHAREHOLDERS Each of the six nominees proposed in the management proxy circular for the 2016 annual meeting of shareholders were re-elected as directors. A total of 74,842,161 common shares ("Common Shares") of the Company, representing approximately 48.13 percent of [Read more]

PetroFrontier Corp. Announces Major Resource Property Asset Acquisition in Alberta

CALGARY, ALBERTA--(Marketwired - June 1, 2016) - PetroFrontier Corp. ("PetroFrontier") (TSX VENTURE:PFC) is very pleased to announce that it has entered into an arm's length non-binding letter of intent with Kasten Energy Inc. ("Kasten"), an Alberta corporation, effective May 17, 2016, to acquire certain resource assets of Kasten (the "Assets") in the Cold Lake area of northeastern Alberta (the "Acquisition"). PetroFrontier will pay to Kasten an aggregate of approximately $17.49 million as [Read more]

Hawk Exploration Ltd. to Be Acquired for Cash Consideration

CALGARY, ALBERTA--(Marketwired - June 1, 2016) - Hawk Exploration Ltd. ("Hawk" or the "Corporation") (TSX VENTURE:HWK.A) is pleased to announce that it has entered into an agreement (the "Arrangement Agreement") with Kaisen Energy Corp. ("Kaisen") pursuant to which Kaisen has agreed to purchase all of the issued and outstanding Class A shares of the Corporation (the "Shares") at a cash price of $0.08 per Share for aggregate consideration of approximately $16.1 million, which includes the [Read more]