BOE Report

Marquee Energy Announces Completion of Private Placement

CALGARY, AB--(Marketwired - December 24, 2015) - Marquee Energy Ltd. ("Marquee" or the "Company") (TSX VENTURE: MQL.V) is pleased to announce the completion of its previously announced private placement. Due to oversubscription the Company issued a total of 2,824,967 common shares in the capital of Marquee to be issued on a Canadian Exploration Expense ("CEE") flow-through basis under the Income Tax Act (Canada) at a price of $0.60 per share for aggregate gross proceeds of $ 1,694,980. The [Read more]

Mart Resources, Inc.: Operations and November 2015 Production Update

CALGARY, ALBERTA--(Marketwired - Dec. 24, 2015) - Umusadege field production averaged approximately 19,715 barrels of oil per day ("bopd") during November 2015 based on calendar days; average field production based on production days was approximately 21,490 bopd during November 2015. Total production from the Umusadege field in November 2015 was approximately 591,450 barrels of oil ("bbls"). [Read more]

Caza Oil & Gas Announces Closing of US$45.5 Million Equity Financing With Talara Opportunities V, LP and Debt Restructuring

HOUSTON, TEXAS--(Marketwired - Dec. 24, 2015) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Caza Oil & Gas, Inc. ("Caza" or the "Company") (TSX:CAZ)(AIM:CAZA) announces that it has today closed (the "Closing") the equity financing and debt restructuring transactions announced on December 15, 2015, including the issue and sale to Talara Opportunities V, LP ("Talara") of 9,467,419,937 common shares ("Common Shares") for gross [Read more]

Shoreline Energy Corp. Announces Bankruptcy Filing

CALGARY, ALBERTA--(Marketwired - Dec. 23, 2015) - Shoreline Energy Corp. ("Shoreline" or the "Company") announces that it has filed an assignment under section 49 of the Bankruptcy and Insolvency Act (Canada) (the "BIA") on December 23 (the "Assignment"). Pursuant to the Assignment, Grant Thornton Limited was appointed as the bankruptcy trustee (the "Trustee"). In addition, all of the directors and officers of the Company have resigned effective immediately. In accordance with the assignment the [Read more]

Hawk Announces Updated Bank Credit Facility

CALGARY, ALBERTA--(Marketwired - Dec. 23, 2015) - Hawk Exploration Ltd. ("Hawk" or the "Corporation") (TSX VENTURE:HWK.A) is pleased to announce the $2 million principal payment on its term loan facility that was due on December 31, 2015 has been extended to May 31, 2016. The Corporation's amended credit facility now consists of a $7 million revolving demand facility and a $4 million term loan facility with repayment of the $4 million term loan facility required by May 31, 2016. The $7 million [Read more]

Vital Energy Inc. Announces Closing of Private Placement of Debentures

CALGARY, ALBERTA--(Marketwired - Dec. 23, 2015) - Vital Energy Inc. (TSX VENTURE:VUX) ("Vital" or the "Corporation") announced today that it has completed the closing of the previously announced non-brokered private placement offering of 8% secured convertible debentures in the principal amount of $2,125,000, subject to TSX Venture Exchange final approval. The debentures bear interest at the rate of eight percent (8%) per annum, calculated and paid quarterly and mature on December 23, 2017. The [Read more]

Talisman Energy Inc. Announces Latest Results of Its Debt Tender Offer, Increase to the Maximum Tender Amount, and Extension of Expiration Date

CALGARY, ALBERTA--(Marketwired - Dec. 23, 2015) - Talisman Energy Inc. (the "Offeror") announced today the results, as of the Prior Expiration Date (as defined below), of its previously announced tender offer (the "Offer") to purchase for cash for a combined aggregate principal amount of up to $1,524,531,000 (the "Maximum Tender Amount") of the 5.85% Senior Notes due 2037 (CUSIP No. 87425E AJ2), 5.50% Senior Notes due 2042 (CUSIP No. 87425E AN3), 6.25% Senior Notes due 2038 (CUSIP No. 87425E [Read more]

Augusta Completes Private Placement

TORONTO, ONTARIO--(Marketwired - Dec. 23, 2015) - Augusta Industries Inc. (the "Corporation") (TSX VENTURE:AAO) is pleased to announce that it has completed its non-brokered private placement. The Corporation issued an aggregate of 19,880,000 units (the "Units") of the Corporation at a price of $0.05 per Unit for gross proceeds of $994,000. Each Unit consists of one (1) common share and one half (1/2) of a common share purchase warrant ("Warrant"). Each whole Warrant entitles the holder [Read more]

Trilogy Energy Corp. Implements A Normal Course Issuer Bid

CALGARY, ALBERTA--(Marketwired - Dec. 23, 2015) - Trilogy Energy Corp. ("Trilogy") (TSX:TET) announces today that it has made the necessary filings, and received the necessary approvals, to make a normal course issuer bid through the facilities of the Toronto Stock Exchange ("TSX") and/or alternative Canadian trading platforms. Trilogy may purchase up to 5,262,693 of its common shares ("Common Shares"), representing approximately 5% of the 105,253,850 issued and outstanding Common Shares as at [Read more]

MEG Energy Files Preliminary Base Shelf Prospectus

CALGARY, AB--(Marketwired - December 23, 2015) - MEG Energy Corp. (TSX: MEG) (the "Company") today announced that it has filed a preliminary short form base shelf prospectus with the securities regulators in each of the provinces and territories of Canada. The prospectus will allow WP Lexington Private Equity B.V. ("WP Lex"), an affiliate of Warburg Pincus LLC, to offer and sell or otherwise distribute in aggregate up to 10,000,000 common shares of the Company (the "Common Shares"), [Read more]