BOE Report

Fraser Institute: Oil and Gas Sector Losing Confidence in Alberta as a Place to Invest

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CALGARY, ALBERTA--(Marketwired - Dec. 1, 2015) - The Alberta government's energy policy changes have contributed to a plunge in investor confidence, according to the annual global survey of petroleum sector executives released today by the Fraser Institute, an independent, non-partisan, Canadian public policy think-tank. The 2015 Global Petroleum Survey rates 126 jurisdictions around the world based on their barriers to investment (ie: high taxes, costly regulatory obligations and uncertainty [Read more]

Marquee Energy Announces Appointment of Chief Financial Officer

CALGARY, AB--(Marketwired - December 01, 2015) - Marquee Energy Ltd. ("Marquee" or the "Company") (TSX VENTURE: MQL) is pleased to announce that Dan Toews has been appointed Chief Financial Officer ("CFO") and Vice President Finance, effective immediately. With over 27 years of industry experience, Mr. Toews brings considerable financial acumen to the CFO role at Marquee. Dan is a Commerce graduate of the University of Calgary and a registered Chartered Accountant. His career began at a major [Read more]

ORLEN Upstream Canada Ltd. and Kicking Horse Energy Inc. Complete Arrangement

CALGARY, ALBERTA--(Marketwired - Dec. 1, 2015) - ORLEN Upstream Canada Ltd. ("ORLEN Upstream Canada"), a wholly owned subsidiary of PKN ORLEN S.A. ("PKN ORLEN") (WSE:PKN), and Kicking Horse Energy Inc. ("Kicking Horse") (TSX VENTURE:KCK) announced today the completion of ORLEN Upstream Canada's acquisition of all of the outstanding common shares (the "Kicking Horse Shares") of Kicking Horse pursuant to an arrangement under the Business Corporations Act (Alberta) (the "Arrangement"). It is [Read more]

TransCanada Reaches Two-Year Revenue Requirement Agreement for NGTL System

CALGARY, ALBERTA--(Marketwired - Dec. 1, 2015) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) announced today that its wholly-owned subsidiary NOVA Gas Transmission Ltd. (NGTL) has reached an agreement with customers and other interested parties on the annual costs, including equity return and depreciation, required to operate the NGTL System for 2016 and 2017. "The NGTL System is a core asset in TransCanada's portfolio that continues to provide critical transportation [Read more]

The Fraser Institute: Texas Top Region in the World for Oil and Gas Investment; Alabama and Oklahoma Also Rank High

CALGARY, ALBERTA--(Marketwired - Dec. 1, 2015) - Texas remains the most attractive jurisdiction for oil and gas investment in the world, according to an annual global survey of petroleum sector executives, released today by the Fraser Institute, an independent, non-partisan, Canadian public policy think tank. The 2015 Global Petroleum Survey rates 126 jurisdictions around the world based on their barriers to investment (ie: high taxes, costly regulatory obligations and uncertainty over [Read more]

Pengrowth Announces Closing of the Sale of Its Jenner Area Assets

CALGARY, ALBERTA--(Marketwired - Dec. 1, 2015) - Pengrowth Energy Corporation (TSX:PGF) (NYSE:PGH) today announced that it has successfully completed the previously announced sale of its non-core Jenner area assets for cash consideration of approximately $78 million, after closing cost adjustments. Proceeds from this transaction were used to reduce the Company's outstanding debt. As of November 30, 2015 and taking into account the funds received for the Jenner disposition, the Company [Read more]

Primeline Completes LS30-3-1 Well

HONG KONG, CHINA--(Marketwired - Dec. 1, 2015) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRES SERVICES, OR DISSEMINATION IN THE UNITED STATES. Primeline Energy Holdings Inc. ("Primeline" or the "Company") (TSX VENTURE:PEH) today announced that drilling operations of the LS30-3-1 well have been completed without discovering hydrocarbons. LS30-3-1 is located approximately 20km north of the LS36-1 gas field platform and was targeting a large channel sand prospect as part of [Read more]

Bonterra Energy Corp. Confirms Cash Dividend for November 2015 Payable December 31, 2015

CALGARY, ALBERTA--(Marketwired - Dec. 1, 2015) - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) announces that the November 2015 monthly cash dividend will be $0.15 per share and will be paid on December 31, 2015. The record date for the dividend is December 15, 2015 and the ex-dividend date is December 11, 2015. 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]

Canadian Oil Sands 2016 Budget Demonstrates Syncrude Has Entered a New Era of Lower Cost Operations

CALGARY, AB--(Marketwired - December 01, 2015) - Canadian Oil Sands Limited (TSX: COS) (OTCQX: COSWF) Unless otherwise noted: All figures are based on Canadian Oil Sands' 36.74 per cent working interest in the Syncrude joint venture; all financial figures are in Canadian dollars and have been prepared in accordance with Canadian Generally Accepted Accounting Principles ("GAAP"). Canadian Oil Sands Limited ("COS") today announced its budget for 2016, demonstrating Syncrude's competitiveness and [Read more]