BOE Report

Suncor Energy commences offer for outstanding shares of Canadian Oil Sands Limited

CALGARY, ALBERTA--(Marketwired - Oct. 5, 2015) - Suncor Energy Inc. ("Suncor") today announced that it has formally commenced an unsolicited offer (the "Offer") to Canadian Oil Sands Limited ("COS" TSX Symbol "COS") shareholders to acquire all of the outstanding shares of COS for total consideration of approximately $4.3 billion. Under the terms of the Offer, each COS shareholder will receive consideration of 0.25 of a Suncor share per COS share. Including COS' estimated outstanding net debt of [Read more]

Northern Spirit Resources Inc. Issues Reminder of Expiry of Rights, Announces Approval of Resolutions at Special Meeting, and Provides an Update on Share Consolidation and Name Change

CALGARY, ALBERTA--(Marketwired - Oct. 5, 2015) - Northern Spirit Resources Inc. (TSX VENTURE:NS) Northern Spirit Resources Inc. ("Northern Spirit" or the "Corporation") (TSX VENTURE:NS) is providing a reminder that the rights (the "Rights") issued by the Corporation under its rights offering announced on August 26, 2015 expire at 4:00 p.m. (Calgary time) on October 8, 2015 (the "Expiry Date"). Every nine Rights will entitle the holder to purchase one common share of the [Read more]

Elsevier Announces Publication of Seven New Books on Oil and Gas Reservoir Engineering

WALTHAM, MA--(Marketwired - October 05, 2015) - Elsevier, a world-leading provider of scientific, technical and medical information products and services, today announced the publication of seven new books covering oil and gas reservoir engineering, including the third edition of Reservoir Formation Damage by Faruk Civan. This new edition helps readers predict and improve productivity of unconventional and conventional reservoirs, providing new methodologies and optimal strategies for success. [Read more]

Highbank Closes First Tranche of Private Placement and Updates Pacific Northwest News

VANCOUVER, BC--(Marketwired - October 02, 2015) - Highbank Resources Ltd. (TSX VENTURE: HBK) (FRANKFURT: V7O), (the "Company").Financing: Further to our news release of September 17, 2015 whereby the Company proposed a private placement of 7.0 million shares at a price of $0.08 per share with 7.0 million warrants attached at a price of $0.15 per share if exercised within the first year and at a price of $0.20 per share if exercised within the second year; the Company has received conditional [Read more]

Normal Operations Resumed at Syncrude

CALGARY, AB--(Marketwired - October 02, 2015) - Canadian Oil Sands ("COS") (TSX: COS) (OTCQX: COSWF) today announces that normal operations at Syncrude have resumed following the August 29 process fire. Actual production rates continue to be provided with the monthly production posting on COS' website. Canadian Oil Sands Limited COS holds a 36.74 percent interest in the Syncrude project, the largest producer of light, sweet synthetic oil from Canada's oil sands. As a pure play in Syncrude, [Read more]

Technological Leadership is Key to a Balanced Climate Policy: CAPP

CALGARY, ALBERTA--(Marketwired - Oct. 2, 2015) - Alberta can become both a stronger world leader in the fight against climate change and a more competitive place to invest in oil and gas if it strikes the right balance with its new climate policy, the Canadian Association of Petroleum Producers said today. "The Alberta government, the public and our industry share a common goal to grow the development, production and export of our abundant oil and natural gas resources in an increasingly [Read more]

First Nation Leadership Unites to Establish Their Future Economic Stability by Support for the Eagle Spirit Pipeline Project in Northern BC, Through an Aboriginal Lead, Environmental Lens

PRINCE GEORGE, BC and PRINCE RUPERT, BC--(Marketwired - October 02, 2015) - Much has been said about the need to secure the social license and support from impacted First Nations for resource development on their land, but Eagle Spirit Energy has exceeded that minimum requirement, and has met with and signed Benefit Agreements with Nations who are not directly along the proposed route. The vision for the proposed project was based on having overwhelming First Nations support by those, directly [Read more]

APG’s New Modular Flare Capture & Recovery System on Track for October Installation

LYNNFIELD, MA--(Marketwired - Oct 2, 2015) - American Power Group Corporation (OTCQB: APGI) announced today that its Trident NGL Services Division is on schedule for an October installation of its latest Modular Flare To Fuel™ Capture and Recovery System. This milestone will mark the third Trident Natural Gas Liquids ("NGL") system to be deployed on remote well sites for two of the top oil and gas companies in the Bakken Region of North Dakota. Last week the North Dakota [Read more]

Teekay LNG Partners Declares Distribution

HAMILTON, BERMUDA--(Marketwired - Oct. 2, 2015) - Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP), has declared a cash distribution of $0.70 per unit for the quarter ended September 30, 2015. The cash distribution is payable on November 13, 2015 to all unitholders of record as at October 13, 2015. About Teekay LNG Teekay LNG Partners is one of the world's largest independent owners and operators of LNG carriers, [Read more]

Phillips 66’s Bayou Bridge Pipeline Seeks Customers for $300 Million Second Phase, as First Begins to Wrap Up, an Industrial Info News Alert

SUGAR LAND,TX--(Marketwired - Oct 2, 2015) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Bayou Bridge Pipeline LLC is looking for customers. The crude-oil pipeline, which runs from Nederland, Texas, to Louisiana's booming refining markets on the Gulf Coast, recently launched a binding expansion open season to assess customer interest in its transportation services. Bayou Bridge Pipeline is jointly owned by subsidiaries of Phillips 66 (NYSE:PSX) (Houston, Texas), Energy [Read more]