BOE Report

Hawk Announces First Quarter 2016 Results

CALGARY, ALBERTA--(Marketwired - May 27, 2016) - Hawk Exploration Ltd. ("Hawk" or the "Corporation") (TSX VENTURE:HWK.A) announces its results for the three months ended March 31, 2016. The Corporation's interim financial statements for the three months ended March 31, 2016 and management's discussion and analysis for the three months ended March 31, 2016 are available for viewing on SEDAR at www.sedar.com or on Hawk's website at www.hawkexploration.ca under Investor Information - Financial [Read more]

New Brunswick’s Decision to Extend Hydraulic Fracturing Moratorium is a Step in the Wrong Direction

CALGARY, ALBERTA--(Marketwired - May 27, 2016) - The Canadian Association of Petroleum Producers (CAPP) today expressed disappointment with the New Brunswick government's decision to extend the moratorium on hydraulic fracturing. "Industry has been working with the government to ensure world-class regulations and environmental protection is in place," said Paul Barnes, manager of Atlantic Canada and Arctic. In March 2015, the New Brunswick Commission on Hydraulic Fracturing was created [Read more]

Traverse Energy Ltd. Closes Brokered Private Placement

CALGARY, ALBERTA--(Marketwired - May 27, 2016) - Traverse Energy Ltd. (the "Corporation") (TSX VENTURE:TVL) announces that it has closed its previously announced brokered private placement (the "Private Placement") of common shares issued as "flow-through shares" (the "Shares") under the Income Tax Act (Canada) (the "Tax Act"). Acumen Capital Finance Partners Limited (the "Agent") acted as the sole and exclusive agent of the Corporation in the Private Placement. The Corporation issued (i) [Read more]

Arsenal Energy Inc. Announces Sale of Its US Properties

CALGARY, ALBERTA--(Marketwired - May 27, 2016) - Arsenal Energy Inc. ("Arsenal" or the "Company") (TSX:AEI)(OTCQX:AEYIF) announces the sale of all its oil and natural gas properties located in the United States for a sales price of US $34 million. Proceeds from the sale have been used to reduce the Company's outstanding bank credit facility. After applying the net proceeds of the sale, Arsenal estimates its current bank debt at approximately $11.7 million. In addition, Arsenal announces that it [Read more]

DXI to Expand Woodrush Oil Production

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 26, 2016) - DXI Energy Inc. (NYSE MKT:DXI)(TSX:DXI) ("DXI" or the "Company"), an upstream oil and gas exploration and production company operating in Colorado's Piceance Basin and the Peace River Arch region in British Columbia, today announced its strategic plan to expand production and improve operational efficiencies at its core Woodrush project in NEBC. As previously reported, the Woodrush project currently includes 4 oil wells and 9 natural [Read more]

AltaGas Ltd. Announces $400 Million Common Share Offering

CALGARY, ALBERTA--(Marketwired - May 26, 2016) - AltaGas Ltd. ("AltaGas") (TSX:ALA) announced today that it has entered into an agreement with a syndicate of underwriters co-led by TD Securities Inc., RBC Capital Markets and BMO Capital Markets to issue 13,350,000 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 $400 million (the "Offering"). The net proceeds resulting from [Read more]

Bonavista Energy Corporation Announces $100 Million Bought Deal Financing

CALGARY, ALBERTA--(Marketwired - May 26, 2016) - Bonavista Energy Corporation (TSX:BNP) ("Bonavista") announces today that it has entered into an agreement to sell, on a bought deal basis to a syndicate of underwriters, 29,851,000 common shares (the "Common Shares") at $3.35 per Common Share to raise gross proceeds of approximately $100 million (the "Offering"). The syndicate of underwriter (the "Underwriters") will be co-led by CIBC Capital Markets and TD Securities Inc. Bonavista has also [Read more]

Questfire Energy Corp. Announces 2016 First Quarter Financial Results

CALGARY, ALBERTA--(Marketwired - May 26, 2016) - Questfire Energy Corp. (the "Corporation" or "Questfire") (TSX VENTURE:Q.A)(TSX VENTURE:Q.B) is pleased to announce that it has filed on SEDAR its unaudited interim financial statements and related management's discussion and analysis ("MD&A") for the three month period ended March 31, 2016. Financial and Operating Highlights Three months ended March 31, 2016 2015 Financial Oil and [Read more]

Cardinal Energy Ltd. Announces an Increase to the Previously Announced Bought Deal Financing to $60.8 Million

CALGARY, ALBERTA--(Marketwired - May 26, 2016) - Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX:CJ) is pleased to announce that, due to strong demand, the Company has increased the size of its previously announced public offering to 6,500,000 common shares (the "Common Shares"), for aggregate gross proceeds to Cardinal of $60.8 million (the "Offering"). The Offering will be underwritten by a syndicate of underwriters (the "Underwriters") led by CIBC Capital Markets. The Underwriters [Read more]

Tidewater Midstream and Infrastructure Ltd. Announces First Quarter 2016 Results

CALGARY, AB--(Marketwired - May 26, 2016) - Tidewater Midstream and Infrastructure Ltd. ("Tidewater" or the "Corporation") (TSX VENTURE: TWM) is pleased to announce that it has filed its unaudited condensed consolidated interim financial statements and Management's Discussion and Analysis ("MD&A") for the period ended March 31, 2016. First Quarter 2016 Highlights Tidewater delivered strong financial results in the first quarter of 2016, generating adjusted earnings before interest, [Read more]