BOE Report

TransCanada to expand Canadian Mainline capacity through new investment

TORONTO, ONTARIO--(Marketwired - July 28, 2017) - News Release - TransCanada Corporation (TSX:TRP)(NYSE:TRP) (TransCanada) today announced that it will apply to the National Energy Board (NEB) to expand the capacity of the Canadian Mainline System through its Maple Compressor Station near Vaughan, Ontario. The approximately $160 million project is underpinned by 15-year contracts and will increase capacity to the southern Ontario market plus delivery to Atlantic Canada via the Trans Québec & [Read more]

Sunshine Oilsands Ltd.: Long-Term Forbearance With Noteholders

CALGARY, ALBERTA and HONG KONG, CHINA--(Marketwired - July 28, 2017) - The Board of Directors of Sunshine Oilsands Ltd. (the "Corporation" or "Sunshine") (HKSE:2012) hereby announces the following: LONG-TERM FORBEARANCE WITH NOTEHOLDERS Reference is made to the announcements of the Corporation dated August 5, 2014, August 8, 2014 and February 5, 2016 (all Hong Kong time) in relation to, among other things, the offering of US$200 million principal amount of senior secured notes [Read more]

Bonavista Energy Corporation Announces 2017 Second Quarter Results

CALGARY, ALBERTA--(Marketwired - July 27, 2017) - Bonavista Energy Corporation (TSX:BNP) ("Bonavista") is pleased to report to shareholders its financial and operating results for the six months ended June 30, 2017. Results for the second quarter of 2017 are highlighted by a 29% increase in funds from operations and a 6% decrease in cash costs when compared to the second quarter of 2016. The unaudited financial statements and notes, as well as management's discussion and analysis, are available [Read more]

TransCanada Launches Binding Open Season for Keystone Pipeline System

CALGARY, ALBERTA--(Marketwired - July 27, 2017) - Media Advisory - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today launched an Open Season to solicit additional binding commitments from interested parties for transportation of crude oil on the Keystone Pipeline and for the Keystone XL Pipeline project from Hardisty, Alberta to markets in Cushing, Oklahoma and the U.S. Gulf Coast. Interested parties may submit binding bids for transportation capacity during the Open Season [Read more]

Crescent Point Announces Strong Q2 2017 Results and Upwardly Revised 2017 Guidance

CALGARY, ALBERTA--(Marketwired - July 27, 2017) - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG)(NYSE:CPG) is pleased to announce its operating and financial results for the quarter ended June 30, 2017. KEY HIGHLIGHTS Exceeded second quarter 2017 average production target by over 8,000 boe/d or five percent. Increased 2017 average production guidance to 174,500 boe/d from 172,000 boe/d based on positive operating results. Delivered strong initial 30-day [Read more]

AltaGas Ltd. Reports Strong Second Quarter 2017 Results

CALGARY, ALBERTA--(Marketwired - July 27, 2017) - Highlights (all financial figures are unaudited and in Canadian dollars unless otherwise noted) Achieved record second quarter normalized EBITDA1 of $166 million, an increase of approximately 8 percent over the second quarter of 2016; Increased normalized funds from operations1 by approximately 8 percent to $123 million in the second quarter; Significantly advanced over $700 [Read more]

Athabasca Oil Corporation Announces 2017 Second Quarter Results

CALGARY, ALBERTA--(Marketwired - July 26, 2017) - Athabasca Oil Corporation (TSX:ATH) ("Athabasca" or the "Company") is pleased to provide its 2017 second quarter results and an operations update. The quarter marks continued operational momentum, positive cash flow driven by strong liquids-rich Montney growth at Placid and the full integration of Athabasca's new thermal oil asset at Leismer. Second Quarter and Recent Highlights Q2 2017 Operating and Financial Results Production of [Read more]

Suncor Energy reports second quarter 2017 results

CALGARY, ALBERTA--(Marketwired - July 26, 2017) - Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and have been prepared in accordance with International Financial Reporting Standards (IFRS), specifically International Accounting Standard (IAS) 34 Interim Financial Reporting as issued by the International Accounting Standards Board. Production volumes are presented on a working interest basis, before royalties, except for Libya, which is on [Read more]

Suncor Energy declares dividend

CALGARY, ALBERTA--(Marketwired - July 26, 2017) - Suncor Energy's Board of Directors has approved a quarterly dividend of $0.32 per share on its common shares, payable September 25, 2017 to shareholders of record at the close of business on September 5, 2017. Suncor Energy is Canada's leading integrated energy company. Suncor's operations include oil sands development and upgrading, offshore oil and gas production, petroleum refining, and product marketing under the Petro-Canada brand. A [Read more]

RMP Energy Announces New Management Team Transition

CALGARY, Alberta, July 26, 2017 (GLOBE NEWSWIRE) -- RMP Energy Inc. (the “Company” or “RMP”) (TSX:RMP) today announces a series of appointments that will result in the formation of a new executive management team for the Company. The new team will include Rob Colcleugh as Chief Executive Officer, Tim Krysak as President and Chief Operating Officer, Jeremy Smith as Vice President Engineering, Gregg Nixon as Vice President Completions and Production, Zoran Jankovic as Vice President Exploration [Read more]