BOE Report

Enbridge Gas Distribution Rates Change October 1

TORONTO, ONTARIO--(Marketwired - Sept. 21, 2017) - Enbridge Gas Distribution Inc. (Enbridge) has received approval from the Ontario Energy Board (OEB) for new rates, effective October 1, 2017. Typical residential customers* who buy their gas supply from Enbridge will see a total bill decrease of about five per cent, or $51 a year. As a result, their total annual bill will be about $893. The decrease is primarily due to lower natural gas prices in North America. "Natural gas [Read more]

Veresen Announces Long-Term Recontracting of AEGS

CALGARY, ALBERTA--(Marketwired - Sept. 21, 2017) - Veresen Inc. ("Veresen") (TSX:VSN) announced that its 100%-owned Alberta Ethane Gathering System ("AEGS") has entered into 20-year take-or-pay transportation agreements for approximately 95% of the existing capacity on the system effective January 1, 2019. Under the new agreements, tolls have been increased to reflect the value of the service provided to customers while continuing to provide for the recovery of operating costs. AEGS will [Read more]

Harvest Operations Corp. Announces Closing of U.S. $285 Million 3% Senior Note Offering

CALGARY, ALBERTA--(Marketwired - Sept. 21, 2017) - Harvest Operations Corp. ("Harvest" or the "Company") is pleased to announce that it has closed its offering of U.S.$ 285 million senior unsecured notes due 2022 with a coupon rate of 3% (the "Notes"). Harvest intends to use the net proceeds of the offering to repay in full Harvest's outstanding approximately U.S.$282,500,000 aggregate principal amount of 67/8% Senior Notes due October 1, 2017. Approval in-principle has been received from [Read more]

Chinook Energy Inc. Provides Birley/Umbach Operational Update

CALGARY, ALBERTA--(Marketwired - Sept. 20, 2017) - Chinook Energy Inc. (TSX:CKE) ("Chinook") is pleased to provide the following operational update on its Birley/Umbach property. During the second quarter of 2017, Chinook successfully completed a four well (3.63 net) (the a-81-F, b-90-G, 02/d-5-K, and b-14-K wells) drilling program at Birley/Umbach with average drilling costs of approximately $1.55 million per well ($1.38 million, net). The wells were subsequently completed during the third [Read more]

Quebec Government publishes draft hydrocarbon regulations

CALGARY, ALBERTA--(Marketwired - Sept. 20, 2017) - Questerre Energy Corporation ("Questerre" or the "Company") (TSX:QEC)(OSLO:QEC) reported today that the Ministry of Energy and Natural Resources in Quebec has published the proposed regulations to govern oil and gas activities in the province. A copy of the draft regulations can be found online at: http://www2.publicationsduquebec.gouv.qc.ca/dynamicSearch/telecharge.php?type=13&file=1738-A.PDF. Michael Binnion, President and Chief Executive [Read more]

Don Gray Announces Acquisition of Common Shares of Petrus Resources Ltd.

CALGARY, ALBERTA--(Marketwired - Sept. 19, 2017) - Don Gray ("Mr. Gray") announces that between September 15, 2017 and September 18, 2017, he acquired 202,200 common shares ("Common Shares") of Petrus Resources Ltd. (the "Company" or "Petrus") on the open market through the facilities of the Toronto Stock Exchange at an average price of $2.49 per Common Share. The total consideration paid by Mr. Gray for the acquisition of the 202,200 Common Shares was $503,508. As at the date hereof, Mr. [Read more]

Suncor Energy’s Petro-Canada brand introduces the Class of 2017

CALGARY, ALBERTA--(Marketwired - Sept. 18, 2017) - Today, Petro-Canada, a Suncor business, announced the 2017 Fuelling Athletes and Coaching Excellence (FACE™) Program grant recipients. Every year, Petro-Canada selects fifty-five promising athletes from across Canada. These athletes and their coaches are awarded a $10,000 FACE grant to help them along their journey, with $5,000 going directly to the athlete and $5,000 to their coach. FACE grants are often used for training, equipment, coach [Read more]

Birchcliff Energy Ltd. Announces Conversion Results for Series A Preferred Shares

CALGARY, ALBERTA--(Marketwired - Sept. 18, 2017) - Birchcliff Energy Ltd. ("Birchcliff") (TSX:BIR) announces that after having taken into account all conversion notices received by the September 15, 2017 deadline for the conversion of Birchcliff's Cumulative Redeemable Preferred Shares, Series A (the "Series A Shares") into Birchcliff's Cumulative Redeemable Preferred Shares, Series B (the "Series B Shares"), the holders of the Series A Shares are not entitled to convert their Series A Shares [Read more]

Pine Cliff Energy Ltd. Announces Management Update

CALGARY, Alberta, Sept. 18, 2017 (GLOBE NEWSWIRE) -- Pine Cliff Energy Ltd. (“Pine Cliff” or the “Company”) (TSX:PNE) announces that Cheryne Lowe, Pine Cliff’s Chief Financial Officer and Corporate Secretary, is going on maternity leave, effective immediately. The Company has appointed Alan MacDonald as Interim Chief Financial Officer and Corporate Secretary.  Mr. MacDonald is a Chartered Accountant with over 30 years of experience in the oil and gas industry and most recently held the Vice [Read more]

Veresen Announces Result of Conversion Notices on Cumulative Redeemable Preferred Shares, Series A

CALGARY, ALBERTA--(Marketwired - Sept. 18, 2017) - Veresen Inc. ("Veresen") (TSX:VSN) announced that, after having taken into account all conversion notices received from holders of its outstanding Cumulative Redeemable Preferred Shares, Series A ("Series A Shares") by the September 15, 2017 deadline for the conversion of the Series A Shares into Cumulative Redeemable Preferred Shares, Series B ("Series B Shares"), less than the 1,000,000 Series A Shares required to give effect to conversions [Read more]