BOE Report

RMP Energy Announces $80 Million Disposition of Assets and Name Change

CALGARY, Alberta, Sept. 01, 2017 (GLOBE NEWSWIRE) -- RMP Energy Inc. (“RMP” or the “Company”) (TSX:RMP) is pleased to announce that it has entered into a definitive purchase and sale agreement (the "Agreement") with Tangle Creek Energy Ltd. ("Tangle Creek") pursuant to which Tangle Creek will acquire all of RMP’s crude oil and natural gas interests in the Waskahigan/Grizzly, Kaybob, Gilby, Pine Creek areas of West Central Alberta in addition to other minor Alberta properties (collectively the [Read more]

Sunshine Oilsands Ltd.: Executive Management Changes

HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - Sept. 1, 2017) - The Board of Directors (the "Board") of Sunshine Oilsands Ltd. (the "Corporation" or "Sunshine") (HKEX:2012) wishes to announce the following executive management changes due to job reallocation and to better align its management organization with the Corporation's future growth and development objectives. Change of Chief Executive Officer The Board is pleased to announce that with effect from September 1, 2017, Mr. [Read more]

Bonterra Energy Corp. Confirms Cash Dividend for August 2017 Payable September 29th, 2017

CALGARY, ALBERTA--(Marketwired - Sept. 1, 2017) - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) announces that the August 2017 monthly cash dividend will be $0.10 per share and will be paid on September 29th, 2017. The record date for the dividend is September 15th, 2017 and the ex-dividend date is September 14th, 2017. 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]

Veresen Provides Notice of Series A Preferred Share Conversion Right and Announces Reset Dividend Rates

CALGARY, ALBERTA--(Marketwired - Aug. 31, 2017) - Veresen Inc. ("Veresen") (TSX:VSN) announced today that it does not intend to exercise its right to redeem all or any part of the currently outstanding Cumulative Redeemable Rate Reset Preferred Shares, Series A ("Series A Shares") (TSX: VSN.PR.A) on September 30, 2017 (the "Conversion Date"). As a result, and subject to certain conditions set out in the prospectus supplement dated February 7, 2012 relating to the issuance of the Series A [Read more]

Birchcliff Energy Ltd. Provides Dividend Rate Notice for Series A and B Preferred Shares

CALGARY, ALBERTA--(Marketwired - Aug. 31, 2017) - Birchcliff Energy Ltd. ("Birchcliff") (TSX:BIR) announces that it has notified the registered holder of its Cumulative Redeemable Preferred Shares, Series A (the "Series A Shares") of the applicable dividend rates for its Series A Shares and its Cumulative Redeemable Preferred Shares, Series B (the "Series B Shares"). The rates were calculated today in accordance with the terms of the Series A Shares and the Series B Shares. As [Read more]

Birchcliff Energy Ltd. Announces Closing of $100 Million Sale of Worsley Charlie Lake Light Oil Pool

CALGARY, ALBERTA--(Marketwired - Aug. 31, 2017) - Birchcliff Energy Ltd. ("Birchcliff") (TSX:BIR) is pleased to announce that it has closed its previously announced sale of its Worsley Charlie Lake Light Oil Pool for total consideration of approximately $100 million (before adjustments), consisting of: (i) cash consideration of $90 million; and (ii) securities of affiliates of the purchaser with a total value of $10 million. Scotia Capital Inc. acted as financial advisor to Birchcliff in [Read more]

Saturn Oil + Gas Inc. Provides Operational and Corporate Update

SASKATOON, SASKATCHEWAN--(Marketwired - Aug. 31, 2017) - Saturn Oil + Gas Inc. ("Saturn" or the "Company") (TSX VENTURE:SMI)(FRANKFURT:SMK) is pleased to provide an operational update further to its news release on July 11th, 2017. The Company has successfully recompleted the wellbore in Flaxcombe and earned its 50% interest in production. Permanent surface equipment has been installed and the well is now on production with a projected IP30 date of late September. Based on the initial results [Read more]

Leucrotta Announces Q2 2017 Financial and Operating Results

CALGARY, Alberta, Aug. 29, 2017 (GLOBE NEWSWIRE) -- LEUCROTTA EXPLORATION INC. (TSXV:LXE) (“Leucrotta” or the “Company”) is pleased to announce its financial and operating results for the three and six months ended June 30, 2017.  All dollar figures are Canadian dollars unless otherwise noted. HIGHLIGHTS Increased production 144% to 2,629 boe/d in Q2 2017 from 1,078 boe/d in Q2 2016 (increased 40% from 1,881 boe/d in Q1 2017). Increased funds from operations 527% to $2.1 million in Q2 [Read more]

Troy Energy Corp. Announces Flow-Through Financing

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 28, 2017) - Troy Energy Corp. (the "Corporation" or "Troy") (NEX:TEG.H) announces that it intends to conduct a private placement financing of up to 1,000,000 flow through common shares at a price of $0.10 per share for aggregate gross proceeds of $100,000. This financing is subject to regulatory approval. In accordance with applicable securities laws, the common shares issued under this financing will be subject to four- month hold periods. The [Read more]

Pan Orient Energy Corp.: AYU-1X Drilling Update

CALGARY, ALBERTA--(Marketwired - Aug. 28, 2017) - Pan Orient Energy Corp. ("Pan Orient" or the "Company") (TSX VENTURE:POE) is providing an operations update. INDONESIA East Jabung PSC (Pan Orient 49% & Non Operator) The East Jabung Production Sharing Contract ("PSC") AYU-1X exploration well reached a total depth of 1,140 meters within the granitic basement on August 21 and has now been logged and pressure/fluid samples have been collected. Preliminary interpretation of [Read more]