BOE Report

Touchstone Provides Credit Facility Update

CALGARY, ALBERTA--(Marketwired - April 14, 2016) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP) announces an update regarding its credit facility. Touchstone's borrowing base on its Trinidad based credit facility has been established at US$8,000,000 following the lender's semi-annual borrowing base review. The Company currently has US$2,000,000 drawn on the credit facility, and US$6,000,000 is currently dedicated to the Company's letter of credit relating to the East [Read more]

TransCanada Announces Increased Preferred Share Issuance

CALGARY, ALBERTA--(Marketwired - April 13, 2016) - News Release - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced that as a result of strong investor demand for its previously announced offering of cumulative redeemable minimum rate reset first preferred shares, series 13 (the "Series 13 Preferred Shares"), the size of the offering has been increased to 20 million shares. The offering no longer includes the previously granted underwriters' option. The aggregate gross [Read more]

CORRECTION FROM SOURCE – Boulder Energy Ltd. Announces Closing of Going Private Transaction

CALGARY, ALBERTA--(Marketwired - April 13, 2016) - This document corrects and replaces the release issued today, April 13, 2016, at 9:26 AM EDT. BOULDER ENERGY LTD. ("Boulder" or the "Company") (TSX:BXO)(OTCQX:BLLDF) announced today the completion of a going private transaction by way of a statutory plan of arrangement (the "Arrangement") involving Boulder and 1951556 Alberta Ltd. (the "Purchaser") a portfolio company of ARC Energy Fund 8 (a private equity fund raised and advised by ARC [Read more]

TransCanada Announces Preferred Share Issuance

CALGARY, ALBERTA--(Marketwired - April 13, 2016) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced that it will issue 12 million cumulative redeemable minimum rate reset first preferred shares, series 13 (the "Series 13 Preferred Shares") at a price of $25.00 per share for aggregate gross proceeds of $300 million on a bought deal basis to a syndicate of underwriters in Canada co-led by TD Securities Inc., BMO Capital Markets and Scotiabank. The holders of Series 13 [Read more]

Perpetual Announces Proposal to Swap 8.75% Senior Notes for Tourmaline Oil Corp. Shares, New Margin Loan Arrangement and Credit Facility Reduction

CALGARY, ALBERTA--(Marketwired - April 13, 2016) - Perpetual Energy Inc. ("Perpetual", the "Company" or the "Corporation") (TSX:PMT) announces a proposal to swap its 8.75% senior notes due March 15, 2018 (the "2018 Senior Notes") and its 8.75% senior notes due July 23, 2019 (the "2019 Senior Notes" and together with the 2018 Senior Notes, the "Senior Notes") for a portion of the Tourmaline Oil Corp. shares (the "Tourmaline Shares") owned by Perpetual (the "Securities Swap [Read more]

Boulder Energy Ltd. Announces Closing of Going Private Transaction

CALGARY, ALBERTA--(Marketwired - April 13, 2016) - BOULDER ENERGY LTD. ("Boulder" or the "Company") (TSX:BXO)(OTCQX:BLLDF) announced today the completion of a going private transaction by way of a statutory plan of arrangement (the "Arrangement") involving Boulder and 1951556 Alberta Ltd. (the "Purchaser") a portfolio company of ARC Energy Fund 8 (a private equity fund raised and advised by ARC Financial Corp.). Pursuant to the Arrangement, shareholders of Boulder received $2.59 in cash for each [Read more]

Jericho Oil Provides Operations Update

VANCOUVER, BC and TULSA, OK--(Marketwired - April 13, 2016) - Jericho Oil Corporation ("Jericho") (TSX VENTURE: JCO) (OTC PINK: JROOF), a debt-free growth-oriented oil and gas company focused on Mid-Continent production, is pleased to provide an operational update on its Oklahoma asset base, including its action plan in the first 100 days since year-end acquisitions. Jericho acquired two assets located in Central Oklahoma with net production to Jericho totaling ~142 BOEPD (490 net BOEPD to [Read more]

Valparaiso Energy Inc. Announces Closing of Second Tranche of Common Share Private Placement and Resignation of Director

CALGARY, ALBERTA--(Marketwired - April 12, 2016) - Valparaiso Energy Inc. (the "Corporation") (NEX:VPO.H) is pleased to announce the closing of the second tranche of a non-brokered private placement (the "Private Placement") resulting in the aggregate gross proceeds of $102,000. A total of 5,100,000 shares ("Shares") in the capital of the Corporation were issued at a price of $0.02 per Share. The securities issued pursuant to the Private Placement are subject to a four-month hold [Read more]

Kelt Exploration Announces Increase to Previously Announced Offering of Convertible Debentures to $90.0 Million

CALGARY, AB--(Marketwired - April 11, 2016) - Kelt Exploration Ltd. ("Kelt" or the "Company") (TSX: KEL) is pleased to announce that it has increased the size of its previously announced public offering (the "Offering"), on a "bought deal" basis, to $75.0 million principal amount of convertible subordinated unsecured debentures (the "Debentures") at a price of $1,000 per Debenture. The Offering is being made through a syndicate of underwriters co-led by Peters & Co. Limited and FirstEnergy [Read more]

Kelt Exploration Announces $80.0 Million Convertible Debenture Financing and Strategic Property Acquisition at Progress, Alberta

CALGARY, AB --(Marketwired - April 11, 2016) - Kelt Exploration Ltd. (TSX: KEL) Kelt Exploration Ltd. ("Kelt" or the "Company") is pleased to announce that it has entered into an agreement with a syndicate of underwriters (the "Underwriters"), co-led by Peters & Co. Limited and FirstEnergy Capital Corp., pursuant to which the Underwriters will purchase $65.0 million principal amount of convertible subordinated unsecured debentures (the "Debentures") at a price of $1,000 per Debenture (the [Read more]