BOE Report

PHX Energy Announces its Fourth Quarter Results, Minimal 2016 Capital Expenditures Budget, and Elimination of Dividend

CALGARY, ALBERTA--(Marketwired - Feb. 24, 2016) - In 2015, PHX Energy (TSX:PHX), like other providers in the oil and natural gas service sector, suffered a significant decline in the demand for its services due to very weak commodity prices that negatively affected the industry's capital spending and drilling activity. In the fourth quarter of 2015 consolidated revenue decreased by 63 percent to $56.1 million compared to $152.9 million in the comparable 2014-quarter. Consolidated [Read more]

Boulder Energy Ltd. Announces Going-Private Transaction Led by ARC Financial Corp.

CALGARY, ALBERTA--(Marketwired - Feb. 24, 2016) - BOULDER ENERGY LTD. ("Boulder" or the "Company") (TSX:BXO)(OTCQX:BLLDF) is pleased to announce that it has entered into a definitive arrangement agreement (the "Arrangement Agreement"), pursuant to which a newly formed portfolio company ("ARC AcquisitionCo") of ARC Energy Fund 8 will acquire all of the issued and outstanding common shares of Boulder ("Boulder Shares") for cash consideration of $2.59 per share (the "Transaction"). ARC Energy Fund [Read more]

Spartan Energy Corp. Announces $75 Million Bought Deal Financing

CALGARY, ALBERTA--(Marketwired - Feb. 24, 2016) - Spartan Energy Corp. ("Spartan" or the "Company") (TSX:SPE) is pleased to announce that it has entered into a bought deal financing agreement with a syndicate of underwriters led by Peters & Co. Limited. Spartan will issue 31,122,500 common shares of the Company ("Common Shares") at a price of $2.41 per Common Share for gross proceeds of $75 million (the "Offering"). The underwriters will have an option to purchase up to an additional 15% of [Read more]

Suncor Energy appoints new member to Board of Directors

CALGARY, ALBERTA--(Marketwired - Feb. 24, 2016) - Jim Simpson, Chair of the Board of Directors of Suncor, is pleased to announce the appointment of Patricia M. Bedient to the company's Board of Directors. Ms. Bedient's appointment is effective immediately. "Ms. Bedient's strong financial and strategic planning background will be an asset to our board," said Mr. Simpson. "I am looking forward to working with her and the rest of the Board in continuing to deliver on our commitments to [Read more]

More inclement weather predicted for Ottawa: Enbridge Gas Distribution Reminds Customers to Stay Safe by Keeping Natural Gas Meters, Regulators and Exhaust Vents Clear of Snow and Ice

OTTAWA, ONTARIO--(Marketwired - Feb. 24, 2016) - Environment Canada has predicted 15 to 20 mm of freezing rain for Ottawa and the surrounding regions. Further, it has warned of significant ice buildup on exposed structures. Enbridge Gas Distribution Inc. (Enbridge) is reminding customers to clear the snow off their natural gas meter and appliance exhaust vents. Natural gas meter sets should be kept free of ice and significant snow accumulation. Appliance vents, if plugged by ice or snow, [Read more]

Pengrowth Delivers Strong 2015 Operating Results, Significant Reserves Replacement and Additional Reserves Growth at Lindbergh and Montney Assets

CALGARY, ALBERTA--(Marketwired - Feb. 24, 2016) - Pengrowth Energy Corporation (TSX:PGF) (NYSE:PGH) is pleased to announce its financial and operating results for the fourth quarter and the full year 2015, as well as 2015 year end reserves results. Pengrowth achieved strong operational performance, executing and delivering on its commitments despite the challenging environment that persisted in 2015. The Company achieved production on the high end of guidance, despite an 80 percent reduction [Read more]

Midcoast Energy Partners, L.P. Makes K-1 Tax Packages Available Online

HOUSTON, TX--(Marketwired - Feb 24, 2016) -  Midcoast Energy Partners, L.P. (NYSE: MEP) ("Midcoast Partners") announced that its 2015 investor tax packages are available in the Investor Relations section of the Midcoast Partners' website at (http://www.midcoastpartners.com/Investor-Relations/Tax-Information-K-1/) by clicking on the Schedule K-1 icon or directly at (http://www.taxpackagesupport.com/midcoast). Mailing of the Midcoast Partners' tax packages commences February 24, 2016 [Read more]

Enbridge Energy Partners, L.P. Makes K-1 Tax Packages Available Online

HOUSTON, TX--(Marketwired - Feb 24, 2016) - Enbridge Energy Partners, L.P. (NYSE: EEP) ("Enbridge Partners") announced that its 2015 investor tax packages are available in the Investor Relations section of the Enbridge Partners' website at (http://www.enbridgepartners.com/Investor-Relations/EEP/Tax-Information-K-1/) by clicking on the Schedule K-1 icon or directly at (http://www.taxpackagesupport.com/enbridge). Mailing of the Enbridge Partners' tax packages commences February 24, 2016 [Read more]

Enbridge Agrees to Issue CDN$2 Billion of Common Shares Sufficient to Fulfill Commercially Secured Equity Funding Needs Through the End of 2017

CALGARY, ALBERTA--(Marketwired - Feb. 24, 2016) - Enbridge Inc. (TSX:ENB) (NYSE:ENB) today announced that it has entered into an agreement with a group of Canadian and United States (U.S.) financial institutions (the Underwriters), to issue 49.14 million common shares (the Common Shares) from treasury, on a bought deal basis, for gross proceeds of approximately CDN$2 billion (the Offering). Proceeds will be used to pay down short term indebtedness pending investment in capital projects. The [Read more]

Yoho Resources Inc. Announces Fiscal Q1 2016 Financial Results

CALGARY, ALBERTA--(Marketwired - Feb. 24, 2016) - Yoho Resources Inc. ("Yoho" or the "Company") (TSX VENTURE:YO) has filed today on SEDAR the financial statements for the three months ended December 31, 2015 and the related managements' discussion and analysis ("MD&A"). Copies of these documents may be found on www.sedar.com. Highlights In December 2015, Yoho closed a transaction to sell a portion of its Duvernay assets in the Kaybob area of Alberta for cash consideration of $50 [Read more]