BOE Report

Bonterra Energy Corp. Confirms Cash Dividend for October 2017 Payable November 30th, 2017

CALGARY, ALBERTA--(Marketwired - Nov. 1, 2017) - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) announces that the October 2017 monthly cash dividend will be $0.10 per share and will be paid on November 30th, 2017. The record date for the dividend is November 15th, 2017 and the ex-dividend date is November 14th, 2017. The dividend is paid monthly and is subject to commodity prices and production levels. The dividend is considered an "eligible dividend" for tax purposes. [Read more]

Toscana Energy Announces Sale Of Non-Core Undeveloped Land

CALGARY, AB--(Marketwired - November 01, 2017) - Toscana Energy Income Corporation ("Toscana Energy" or the "Company") (TSX: TEI) is pleased to announce that it has entered into a Purchase and Sale Agreement to sell 13 sections of undeveloped land in Northern Alberta (the "Assets") to a private company for total cash consideration of $1.6 million subject to normal industry conditions. Proceeds of this sale will be initially utilized to reduce the Company's outstanding credit facilities and then [Read more]

NuVista Energy Ltd. Announces Third Quarter 2017 Financial and Operating Results and 2018 Outlook

CALGARY, ALBERTA--(Marketwired - Oct. 31, 2017) - NuVista Energy Ltd. ("NuVista" or the "Company") (TSX:NVA) is pleased to announce results for the three and nine months ended September 30, 2017 and provide an update on its future business plans. NuVista delivered another strong quarter with continued development drilling success. Production and funds from operations exhibited significant growth despite planned outages and a reduction in commodity prices compared to the second quarter. Continued [Read more]

Greenfields Petroleum Corporation Announces Restructuring of Senior Secured Debt

HOUSTON, TEXAS--(Marketwired - Oct. 31, 2017) - Greenfields Petroleum Corporation ("Greenfields" or the "Company") (TSX VENTURE:GNF) is pleased to announce that it has executed a twelfth amending agreement (the "Amendment") to its loan agreement dated November 25, 2013 (the "Loan Agreement") with its senior lender (the "Lender"). Pursuant to the Amendment: (i) the principal amount plus accrued and unpaid interest under the Loan Agreement as at November 1, 2017, being US$47,145,881, was [Read more]

Aegean Marine Petroleum Network Inc. Announces Intention to Cease Physical Supply Operations in Singapore — Maintains Trading Presence in the Singapore Market

NEW YORK, NY--(Marketwired - Oct 31, 2017) - Aegean Marine Petroleum Network Inc. (the "Company" or "Aegean") (NYSE: ANW), a leading international marine fuel logistics company, today announced that after almost 11 years as a prominent player in Singapore, it has decided to exit the market as a physical supplier as of January 2018. The Company will maintain a trading presence in the Singapore market. Our President Jonathan McIlroy commented, "The bunkering market in general, and the [Read more]

PrairieSky Announces Third Quarter 2017 Results

CALGARY, ALBERTA--(Marketwired - Oct. 30, 2017) - PrairieSky Royalty Ltd. ("PrairieSky" or the "Company") (TSX:PSK) is pleased to announce its third quarter operating and financial results for the period ended September 30, 2017. 2017 Third Quarter Highlights: Revenues of $71.7 million including $54.2 million of royalty revenue and $15.5 million of lease bonus consideration generated by leasing land for new and existing plays Funds from operations of $66.8 million or $0.28 per share, [Read more]

Surge Energy Inc. Announces $37.2 Million Sparky Core Area Acquisition; $40 Million Convertible Debenture Financing; Upward Revision to 2017 Exit Guidance; 2018 Preliminary Guidance

CALGARY, ALBERTA--(Marketwired - Oct. 26, 2017) - Surge Energy Inc. ("Surge" or the "Company") (TSX:SGY) is pleased to announce the acquisition (the "Acquisition") of a low decline, high netback, waterflooded, crude oil producing asset (the "Assets") in its core Sparky area of Central Alberta for a purchase price of $37.2 million, which closed on September 8, 2017. Surge has identified up to 38 net Sparky development drilling locations on the Assets. The Assets have current core production of [Read more]

Petrolia Energy Announces Intent to Acquire Bow Energy

HOUSTON, TX--(Marketwired - October 26, 2017) - Petrolia Energy Corporation (OTCQB: BBLS) ("Petrolia" or the "Company") is pleased to announce the signing of a Letter of Intent ("LOI") to acquire 100% of Bow Energy Ltd. ("Bow") (TSX VENTURE: ONG). This LOI is non-binding and subject to various conditions, of which both parties have completed their accounting, technical, and legal due diligence, amongst others and have the approval of their respective Board of Directors. The parties have now [Read more]

Crescent Point Announces Strong Q3 2017 Results and Upwardly Revised 2017 Guidance

CALGARY, ALBERTA--(Marketwired - Oct. 26, 2017) - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) is pleased to announce its operating and financial results for the quarter ended September 30, 2017. KEY HIGHLIGHTS Achieved third quarter 2017 average production growth of 10 percent year-over-year. Increased 2017 average production guidance to 175,500 boe/d from 174,500 boe/d based on positive operating results. Advanced new play development in [Read more]

Suncor Energy receives approval for tailings and Millennium Operational Amendment applications

CALGARY, ALBERTA--(Marketwired - Oct. 25, 2017) - Suncor today announced it has received approval from the Alberta Energy Regulator (AER) for its Suncor Base Plant Tailings Directive application and related Millennium Operational Amendment application. Over the past few months, Suncor technical experts have met with Aboriginal communities, stakeholders and the regulator to clarify and provide additional information about Suncor's tailings management plan. The approved plan will facilitate the [Read more]