BOE Report

Suncor Energy extends Canadian Oil Sands Offer to January 8, 2016

CALGARY, ALBERTA--(Marketwired - Dec. 3, 2015) - Suncor Energy today announced it has extended its offer to Canadian Oil Sands Limited ("COS") shareholders. Suncor will file a corresponding notice of extension to formally extend the expiry time of its offer to 6:00 p.m. MT (8:00 p.m. ET) on Friday, January 8, 2016. "Our offer is full and fair and in the best interests of COS shareholders," said Steve Williams, Suncor's president and chief executive officer. "This process has always been [Read more]

TransCanada Announces Bruce Power Life Extension Agreement

TORONTO, ONTARIO--(Marketwired - Dec. 3, 2015) - TransCanada Corporation (TSX:TRP)(NYSE:TRP) (TransCanada) today announced that Bruce Power has entered into an agreement with the Ontario Independent Electricity System Operator (IESO) to extend the operating life of the Bruce Power facility to 2064. This new agreement represents an extension and material amendment to the earlier agreement that led to the refurbishment of Units 1 and 2 at the site. Consistent with Ontario's Long Term Energy Plan [Read more]

Power Projects Drive High-Value Kickoffs in U.S. Northeast for First-Quarter 2016, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Dec 3, 2015) - Nearly half of the $7.78 billion in first-quarter 2016 construction starts for the U.S. Northeast Region is connected to power projects. Many of the plant projects being tracked by Industrial Info will be fed with natural gas from the Marcellus and Utica shales, but others involve hydroelectricity and even energy from old tires. Within this article: Northeast U.S. projects that are set for construction kickoff in first-quarter 2016, Sunoco [Read more]

Enbridge Announces 14 Percent Quarterly Dividend Increase in 2016

CALGARY, ALBERTA--(Marketwired - Dec. 3, 2015) - Enbridge Inc. ("Enbridge" or "the Company") (TSX:ENB) (NYSE:ENB) today announced that its Board of Directors has declared a quarterly dividend of $0.53 per common share, payable on March 1, 2016 to shareholders of record on February 16, 2016. The dividend reflects a 14 percent increase from the prior quarterly rate, marking the twenty-first consecutive year of increased dividends for the Company. "The core of our shareholder value [Read more]

Enbridge Income Fund Holdings Inc. Announces Monthly Dividends, a 10% Dividend Increase and 2016 Guidance

CALGARY, ALBERTA--(Marketwired - Dec. 3, 2015) - Enbridge Income Fund Holdings Inc. (TSX:ENF) (the "Company") announced today that its Board of Directors has declared a cash dividend of $0.1414 per common share ("Share") to be paid on January 15, 2016 to shareholders of record at the close of business on December 31, 2015, and a cash dividend of $0.1555 per Share to be paid on February 16, 2016 to shareholders of record at the close of business on February 1, 2016 (the "January Dividend"). The [Read more]

Husky Signs New Production Sharing Contract in Asia Pacific Region

CALGARY, AB--(Marketwired - December 03, 2015) - Husky Oil Operations (China) Limited (Husky), an affiliate of Husky Energy (TSX: HSE), has signed a Production Sharing Contract (PSC) for an exploration block offshore China.The 15/33 block is located in the Pearl River Mouth Basin in the South China Sea, about 140 kilometres southeast of Hong Kong, in water depths of approximately 80-100 metres. Husky expects to drill two wells on the 155 square-kilometre block in the 2017 timeframe. Husky is the [Read more]

Athabasca Oil Corporation Announces its 2016 Capital Budget

CALGARY, ALBERTA--(Marketwired - Dec. 2, 2015) - Athabasca Oil Corporation (TSX:ATH) ("Athabasca" or "the Company") is pleased to announce that its Board of Directors has approved a 2016 capital budget of $91 million. This budget is closely aligned with Athabasca's key strategic priorities which include preserving a strong balance sheet to manage through economic cycles, demonstrating execution excellence in both core Light Oil and Hangingstone assets and positioning the Company to capitalize on [Read more]

IFR Announces Stock Option Grant

CALGARY, ALBERTA--(Marketwired - Dec. 2, 2015) - International Frontier Resources Corporation ("IFR" or the "Company") (TSX VENTURE:IFR) on December 2, 2015, announces that pursuant to the Company's stock option plan, a total of 3,100,000 incentive stock options will be granted to directors, officers, and consultants of the Company. The options are exercisable at a price of $0.135, the closing price on December 1, 2015, for a period of five years. About IFR International [Read more]

Petrocapita Announces Convertible Debenture Financing

CALGARY, ALBERTA--(Marketwired - Dec. 2, 2015) - NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES Petrocapita Income Trust (CSE:PCE.UN) ("Petrocapita" or the "Trust") is pleased to announce that it has entered into an agreement with Raintree Financial Solutions to proceed, on a best efforts basis, with an offering (the "Offering") of up to $5,000,000 aggregate principal amount of 8% secured convertible debentures (the "Debentures") at a price of $1,000 per [Read more]

Birchcliff Energy Ltd. Announces Quarterly Preferred Share Dividends

CALGARY, ALBERTA--(Marketwired - Dec. 2, 2015) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Birchcliff Energy Ltd. ("Birchcliff") (TSX:BIR) today announced that its Board of Directors has declared the following dividends on its outstanding preferred shares: a quarterly cash dividend of $0.50 per share for the calendar quarter ending on December 31, 2015, on Birchcliff's outstanding Cumulative [Read more]