BOE Report

Gibsons Reports Financial Results for First Quarter 2016

CALGARY, ALBERTA--(Marketwired - May 3, 2016) - All financial figures are in Canadian dollars Gibson Energy Inc. ("Gibsons" or the "Company"), (TSX:GEI), announced today operating and financial results for the three months ended March 31, 2016. Highlights: Segment Profit1 was $80 million in the first quarter of 2016, buoyed by the Infrastructure segment's year over year volume and revenue increases at both of the Company's key storage hubs in Edmonton and Hardisty; Pro Forma [Read more]

Gibsons Declares Dividend

CALGARY, ALBERTA--(Marketwired - May 3, 2016) - All financial figures are in Canadian dollars Gibson Energy Inc. ("Gibsons" or the "Company"), (TSX:GEI), announced today that its Board of Directors has approved a quarterly dividend of $0.33 per common share payable on July 15, 2016, to shareholders of record at the close of business on June 30, 2016. This dividend is designated as an eligible dividend for Canadian income tax purposes. For non-resident shareholders, Gibsons' [Read more]

Valparaiso Energy Inc. Announces Appointment of Officers, a Private Placement of Common Shares and Grant of Stock Options

CALGARY, ALBERTA--(Marketwired - May 3, 2016) - Valparaiso Energy Inc. (the "Corporation") (NEX:VPO.H) is pleased to announce the following: Appointment of Officers - Effective immediately, Mr. Marc Branson is appointed President and Chief Executive Officer of the Corporation. He was previously appointed as a Director. Valparaiso is excited to have Mr. Branson on board in this capacity as his experience and skills will be a valuable asset in determining new projects for the [Read more]

Kelt Closes $90.0 Million Convertible Debenture Financings

CALGARY, AB--(Marketwired - May 03, 2016) -  Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") is pleased to announce that it has closed its previously announced convertible debenture financing by way of a short form prospectus on a bought deal basis by completing the sale of $75.0 million principal amount of 5.00% convertible subordinated unsecured debentures (the "Debentures") at a price of $1,000 per Debenture (the "Offering"). The Offering was completed through a syndicate of [Read more]

Baytex Reports Q1 2016 Results

CALGARY, ALBERTA--(Marketwired - May 3, 2016) - Baytex Energy Corp. ("Baytex") (TSX:BTE)(NYSE:BTE) reports its operating and financial results for the three months ended March 31, 2016 (all amounts are in Canadian dollars unless otherwise noted). "We continue to meet the challenges brought on by this low oil price environment head on. During the first quarter, we announced amendments to our bank credit facilities that provide us with increased financial flexibility and we shut-in low or [Read more]

Encana Delivers Basin-Leading Well Performance and Lowers Costs in the First Quarter

CALGARY, AB--(Marketwired - May 03, 2016) -  Encana Corporation (TSX: ECA) (NYSE: ECA) Encana built on its track record of strong operational and financial performance through the first quarter. The company delivered basin-leading well results and drilling and completions costs in its core four assets. Encana took decisive steps to further lower its corporate costs and reduce long-term debt. Highlights include: company on track to meet or beat 2016 guidance announced in February [Read more]

Husky Energy Sells Royalty Interests for $163 Million and Additional Interests

CALGARY, ALBERTA--(Marketwired - May 2, 2016) - Husky Energy (TSX:HSE) has reached an agreement on the sale of royalty interests representing approximately 1,700 barrels of oil equivalent per day of expected Western Canada production in 2016 to Freehold Royalties Ltd. This transaction allows the Company to obtain a greater value on the royalty income stream from these lands as compared to the value potentially received as part of the sale of the underlying assets. The sale proceeds include [Read more]

Freehold Royalties Ltd. Enters Into Agreement to Acquire Royalty Production and Mineral Title Lands for $165 Million, Provides Increased 2016 Production Guidance and Announces Equity Financing

CALGARY, ALBERTA--(Marketwired - May 2, 2016) - Freehold Royalties Ltd. ("Freehold" or the "Company") (TSX:FRU) announced today that it has entered into a definitive agreement with Husky Energy Inc. ("Husky") to acquire an extensive suite of royalty production and lands (the "Husky Assets") for an aggregate purchase price of $165 million, prior to normal closing adjustments (the "Transaction"). The effective date of the Transaction will be January 1, 2016 with closing expected to occur on or [Read more]

Paramount Resources Ltd. Annual General Meeting of Shareholders to Be Webcast

CALGARY, ALBERTA--(Marketwired - May 2, 2016) - Paramount Resources Ltd. (TSX:POU) ("Paramount") announces that it will be webcasting the annual general meeting of its shareholders to be held in the Conference Center at Centrium Place, 332 - 6th Avenue S.W., Calgary, Alberta, at 10:30 a.m. (Calgary time) Wednesday, May 4, 2016. To listen to the annual general meeting and view the presentation to be provided at the meeting, please go to the link to the webcast on Paramount's website at [Read more]

Bonterra Energy Corp. Confirms Cash Dividend for April 2016 Payable May 31, 2016

CALGARY, ALBERTA--(Marketwired - April 29, 2016) - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) announces that the April 2016 monthly cash dividend will be $0.10 per share and will be paid on May 31, 2016. The record date for the dividend is May 16, 2016 and the ex-dividend date is May 12, 2016. The dividend is paid monthly and is subject to commodity prices and production levels. The dividend is considered an "eligible dividend" for tax purposes. Bonterra Energy [Read more]