BOE Report

Encana Completes Sale of Its Haynesville Natural Gas Assets

CALGARY, AB--(Marketwired - November 12, 2015) - Encana Corporation (Encana) (TSX: ECA) (NYSE: ECA) announced today that its wholly-owned subsidiary, Encana Oil & Gas (USA) Inc., has completed the previously announced sale of its Haynesville natural gas assets, located in northern Louisiana, to GEP Haynesville, LLC (GeoSouthern), a joint venture formed by GeoSouthern Haynesville, LP and funds managed by GSO Capital Partners LP. Total cash consideration to Encana under the transaction is [Read more]

Harvest Operations Reports Third Quarter 2015 Results

CALGARY, ALBERTA--(Marketwired - Nov. 12, 2015) - Harvest Operations Corp. ("Harvest" or "the Company") announced its financial and operating results for the third quarter ended September 30, 2015. This press release is an overview of the third quarter results for 2015 and should be read with the interim unaudited consolidated financial statements and Management's Discussion and Analysis (MD&A) for the third quarter ended September 30, 2015 available on the System for Electronic [Read more]

Canadian Oil Sands Advises Shareholders to Ignore Suncor’s Scare Tactics and Attempt to Mask Deficiencies of Substantially Undervalued Bid

CALGARY, AB--(Marketwired - November 12, 2015) - Suncor's attempt to ram through its bid by challenging COS' Shareholder Rights Plan and issuing a letter to scare shareholders expose Suncor's recognition that its substantially undervalued bid is being widely rejected Suncor has underestimated the resolve of COS shareholders and their confidence in the future of a strong independent COS To reject the substantially undervalued, opportunistic and exploitive Suncor bid shareholders should [Read more]

Altura Energy Inc. to Present at FirstEnergy Conference

CALGARY, ALBERTA--(Marketwired - Nov. 12, 2015) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS. Altura Energy Inc. ("Altura" or the "Corporation") (TSX VENTURE:ATU) is pleased to announce that David Burghardt, President and CEO, will be presenting at FirstEnergy's Energy Growth Conference on Tuesday, November 17, 2015 at 3:40 pm EST (1:40 pm [Read more]

Veresen Announces $140 Million Ethane Storage Facility Development

CALGARY, ALBERTA--(Marketwired - Nov. 12, 2015) - Veresen Inc. ("Veresen") (TSX:VSN) is pleased to announce it will build and operate a new wholly-owned ethane storage facility located near Burstall, Saskatchewan, approximately 20 kilometres north of the Empress natural gas liquids (NGL) complex. The salt cavern facility will have capacity to store approximately 1 million barrels of ethane, and will be connected via pipeline to Veresen's Alberta Ethane Gathering System. The expected capital cost [Read more]

AltaGas Ltd. Increases Size of Preferred Share Offering

CALGARY, ALBERTA--(Marketwired - Nov. 12, 2015) - NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES AltaGas Ltd. ("AltaGas") (TSX:ALA) announced today that as a result of strong investor demand for its previously announced offering of Cumulative 5-Year Minimum Rate Reset Redeemable Preferred Shares, Series I (the "Series I Preferred Shares"), the size of the offering has been increased to 8,000,000 Series I Preferred [Read more]

Yuma Energy, Inc. Suspends Monthly Dividend Payment on Its Series A Cumulative Redeemable Preferred Stock

HOUSTON, TX--(Marketwired - Nov 12, 2015) - Yuma Energy, Inc. (NYSE MKT: YUMA) (NYSE MKT: YUMA-PA) (the "Company") today announced that its Board of Directors has suspended the monthly cash dividend payment on the Company's 9.25% Series A Cumulative Redeemable Preferred Stock (the "Series A Preferred Stock") beginning with the month ending November 30, 2015 due to the current depressed commodity price environment which has adversely affected the Company's cash flows and liquidity. The dividends [Read more]

Millennium Announces Successful Test and Patent Awards

CALGARY, ALBERTA--(Marketwired - Nov. 12, 2015) - NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Millennium Stimulation Services Ltd. ("Millennium" or the "Company") announced that it has successfully conducted a test of its first and unique Energized Natural Gas (ENG ™) high rate pumper using liquefied natural gas ("LNG") as the primary working fluid for well fracturing and well stimulation applications. Millennium [Read more]

AltaGas Ltd. Announces $100 Million Preferred Share Offering

CALGARY, ALBERTA--(Marketwired - Nov. 12, 2015) - NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES AltaGas Ltd. ("AltaGas") (TSX:ALA) announced today that it will issue 4,000,000 Cumulative 5-Year Minimum Rate Reset Redeemable Preferred Shares, Series I (the "Series I Preferred Shares"), at a price of $25.00 per Series I Preferred Share (the "Offering") for aggregate gross proceeds of $100 million on a bought deal basis. The [Read more]

Suncor Energy sends letter to Canadian Oil Sands shareholders

CALGARY, ALBERTA--(Marketwired - Nov. 12, 2015) - Suncor today announced that it is sending a letter to shareholders of Canadian Oil Sands Limited ("COS"). The letter explains why COS shareholders should disregard a recommendation from the Board of COS opposing Suncor's full and fair $4.7 billion offer to purchase all of the shares of Canadian Oil Sands (the "Offer"). Including COS' estimated outstanding net debt of $2.2 billion as at September 30, 2015, the total transaction value is [Read more]