BOE Report

Tsakos Energy Navigation Limited Announces Two Year Charter Renewal at a Premium to Prior Contract Reflecting Strong Tanker Market Fundamentals

ATHENS, GREECE--(Marketwired - Sep 1, 2015) - Tsakos Energy Navigation Limited ("TEN") (NYSE: TNP), a leading crude, product, and LNG tanker operator, announced today the charter renewal of a handysize product carrier to a major state oil company for a period of twenty-four months. This charter, commencing in September 2015, is at a 20.0% premium to the previous rate and is expected to generate approximately $13.0 million in total gross revenues. As a result, this latest fixture along with the [Read more]

Petrolia Inc.: Quebec Government Launches Bourque Project

QUEBEC CITY, QUEBEC--(Marketwired - Sept. 1, 2015) - Pétrolia (TSX VENTURE:PEA) is pleased to announce that a letter has been signed confirming that Ressources Québec Inc. ("Ressources Québec") intends to invest, as an agent of the Quebec government, in Pétrolia's share capital with a private placement totalling $3.8 million for the first phase of the project. This investment is made up of a private equity investment in Pétrolia's share capital or, as the case may be, in [Read more]

Pengrowth Announces New Dividend Policy to Strengthen Its Balance Sheet Amidst the Current Low Commodity Price Environment

CALGARY, ALBERTA--(Marketwired - Sept. 1, 2015) - Pengrowth's (TSX:PGF)(NYSE:PGH) Board of Directors has approved a change to the Company's dividend policy, moving to a quarterly payment at a rate of $0.01 per share per quarter ($0.04 per share annually), as a result of the continued weakness in commodity prices. With the macro environment continuing to deteriorate and given the outlook for a prolonged weakness in commodity prices, the Company believes that it is prudent to preserve capital and [Read more]

Petrox Resources Corporate Update

CALGARY, ALBERTA--(Marketwired - Sept. 1, 2015) - Petrox Resources Corp. (TSX VENTURE:PTC) (the "Corporation") confirms that the amalgamation agreement providing for the proposed amalgamation transaction between the Corporation and Shanghai Sinooil Energy Holding Corporation previously announced in the Corporation's press release dated March 31, 2015 has expired and is now terminated. The termination of this proposed amalgamation was due to a number of factors, including the substantial drop in [Read more]

Magnum Hunter Resources Declares Monthly Cash Dividend on Series C Preferred Stock, Series D Preferred Stock and Series E Preferred Stock

IRVING, TX--(Marketwired - Sep 1, 2015) - Magnum Hunter Resources Corporation (NYSE: MHR) (NYSE MKT: MHR.PRC) (NYSE MKT: MHR.PRD) (NYSE MKT: MHR.PRE) (the "Company" or "Magnum Hunter") announced today that it has declared a monthly cash dividend on the Company's 10.25% Series C Cumulative Perpetual Preferred Stock ("Series C Preferred Stock"), a monthly cash dividend on the Company's 8.0% Series D Cumulative Preferred Stock ("Series D Preferred Stock") and a monthly cash dividend on the [Read more]

KwikWork UX 1.3 From enChoice Delivers Configurable Add-On Features for IBM Content Navigator and Case Manager That Improve Time-to-Solution and Reduce Development Costs

TEMPE, AZ--(Marketwired - September 01, 2015) - enChoice®, Inc. announced today the availability of KwikWork UX version 1.3 with add-on features for IBM® Content Navigator (ICN) and Case Manager including contact management and calendaring. KwikWork UX 1.3 is an off-the-shelf product that significantly reduces time-to-solution and development costs for IBM FileNet® and other IBM enterprise content management (ECM) solutions while delivering a highly intuitive user experience.Companies often [Read more]

Notice of the Controlled Release of Natural Gas Near Highway 404 and 407 in Markham on Tuesday September 1

TORONTO, ONTARIO--(Marketwired - Sept. 1, 2015) - Enbridge Gas Distribution is conducting planned maintenance in Markham and plans to safely release controlled amounts of natural gas for a short period of time on Tuesday September 1, 2015 - weather permitting. People in the area of Alden Road and Bentley Street in Markham may notice the smell and sound of natural gas venting as it is released in a safe and controlled manner. Natural gas is being released to [Read more]

Bonterra Energy Corp. Confirms Cash Dividend for August 2015 Payable September 30, 2015

CALGARY, ALBERTA--(Marketwired - Sept. 1, 2015) - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) announces that the August 2015 monthly cash dividend will be $0.15 per share and will be paid on September 30, 2015. The record date for the dividend is September 15, 2015 and the ex-dividend date is September 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]

Second Plant Begins Steam Operations at Sunrise Energy Project

CALGARY, AB--(Marketwired - September 01, 2015) - Husky Energy (TSX: HSE) has commenced steam operations at the second of two processing plants at the Sunrise Energy Project in northeast Alberta.The first plant began bitumen production in mid-March 2015. The second plant is expected to commence production later this year as Sunrise continues to steadily ramp up towards full capacity of 60,000 barrels per day (30,000 bbls/day net to Husky) around the end of 2016. Husky is the operator of Sunrise, [Read more]

Natural Gas, Shale-Related Projects Drive 10 Highest-Value Kickoffs in U.S. Northeast for Fourth-Quarter 2015, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Sep 1, 2015) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Although the U.S. Northeast region is expected to see a slight decline in the overall value of project kickoffs in the fourth quarter of 2015, the $5.47 billion in total investment value still shows the influence of the area's prosperous shale plays, particularly the Marcellus and Utica, according to Industrial Info's project database. About 75% of the amount is attributed to three [Read more]