BOE Report

Delphi Energy Announces Closing of Disposition of Wapiti Assets

CALGARY, ALBERTA--(Marketwired - July 22, 2015) - Delphi Energy Corp. (TSX:DEE) ("Delphi" or the "Company") is pleased to report that it has closed the previously announced disposition of its working interests in producing properties, facilities and infrastructure and undeveloped land in the greater Wapiti area for $50.0 million, after closing adjustments. The Company's growth over the past three years has been achieved through successful drilling and completions on its Bigstone Montney [Read more]

Crew Energy Inc. Announces Closing of Northeast BC Montney Petroleum and Natural Gas Rights Exchange With Province of British Columbia and Reports Positive Operational Results

CALGARY, ALBERTA--(Marketwired - July 22, 2015) - Crew Energy Inc. (TSX:CR) of Calgary, Alberta ("Crew" or the "Company") is pleased to announce the completion of a Northeast British Columbia ("NE BC") Montney petroleum and natural gas rights exchange with the Province of British Columbia ("BC"). Through this transaction, Crew has been granted petroleum and natural gas rights in 53 net sections of Montney land (the "New Acreage") which is contiguous to the Company's Groundbirch property, in [Read more]

Suncor Energy to release second quarter 2015 financial results

CALGARY, ALBERTA--(Marketwired - July 22, 2015) - Suncor Energy will release its second quarter financial results on July 29, 2015 before 8:00 p.m. MT (10:00 p.m. ET). A teleconference to review the second quarter will be held on July 30 at 7:30 a.m. MT (9:30 a.m. ET). Representing management will be Steve Williams, president and chief executive officer and Alister Cowan, executive vice president and chief financial officer. A question and answer period will follow brief remarks from [Read more]

Eagle Energy Trust Announces Strategic Alberta Acquisition in the Twining Field

CALGARY, ALBERTA--(Marketwired - July 22, 2015) - Eagle Energy Trust ("Eagle") (TSX:EGL.UN) is pleased to announce that it has entered into an agreement with a private company ("Privateco") for the acquisition by Eagle of all the issued and outstanding shares of Privateco (the "Transaction"). The Transaction is valued at approximately $30 million, including Privateco's indebtedness, and will be funded out of Eagle's existing credit facility of $110 million ($US 85 million). It will be completed [Read more]

Veresen Announces Common Share Dividend for July 2015 and Provides Conference Call and Webcast Details for Its Second Quarter 2015 Results

CALGARY, ALBERTA--(Marketwired - July 22, 2015) - Veresen Inc. ("Veresen") (TSX:VSN) today announced that its Board of Directors has declared a cash dividend for July 2015 of $0.0833 per common share. The dividend will be paid on August 21, 2015 to shareholders of record at the close of business on July 31, 2015. This dividend is designated an "eligible dividend" for Canadian income tax purposes. The dividend is eligible to be reinvested by shareholders, at a 5% discount, in common [Read more]

Offsetters Completes Acquisition of Forest Finance Service GmbH Assets

VANCOUVER, BC--(Marketwired - July 22, 2015) - Offsetters Climate Solutions Inc. ("OCS" or the "Company") (TSX VENTURE: COO) is pleased to report that it has completed the previously announced acquisition (the "Acquisition") of certain assets of Forest Finance Service GmbH of Germany ("Forest Finance") as detailed in the press release dated June 23, 2015. The Acquisition received final TSX Venture Exchange approval July 6, 2015 and all customary closing documents were completed July 21, 2015. [Read more]

Tuscany Announces the Renewal of the Company’s Credit Facility, Unchanged, at $8.5 Million

CALGARY, ALBERTA--(Marketwired - July 22, 2015) - Tuscany Energy Ltd. (TSX VENTURE:TUS) is pleased to announce that following the annual review by the Company's lender, the Company's credit facility has been renewed at $8.5 million with its terms and amount remaining unchanged from the previous credit facility. Tuscany's net debt is currently approximately $6.5 million. [Read more]

Touchstone Announces Dawson Disposition and Confirms Credit Facility Borrowing Base

CALGARY, ALBERTA--(Marketwired - July 22, 2015) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP) announces that it has disposed of its interest in the Dawson area of Alberta for cash consideration of $2,150,000. The property was a non-producing legacy asset that was originally acquired for a potential THAI® project. In October 2014 Touchstone terminated a Dawson area cyclical steam pilot program based on uneconomic operating results. With the conclusion of the steam [Read more]

NGL Projects Under Pressure Due to Low Prices and Over-Supplied Market, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Jul 22, 2015) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Three North American natural gas liquids (NGL) projects that were scheduled to kick off construction this year have been cancelled or placed on hold due to market conditions (mainly falling prices resulting from excess supply) or other constraints. Two of the proposed NGL projects have been cancelled; the value of those projects is about $765 million, according to Industrial [Read more]

Tidewater Midstream and Infrastructure Ltd. Announces Closing of Acquisition and the Conversion of $210 Million of Subscription Receipts to Common Shares

CALGARY, ALBERTA--(Marketwired - July 21, 2015) - Tidewater Midstream and Infrastructure Ltd. ("Tidewater" or the "Corporation") (TSX VENTURE:TWM) is pleased to announce the closing of its previously announced acquisition of a 63% operated working interest in a gas processing facility and related pipelines located in the West Pembina region in central Alberta (the "Acquisition") for $180 million. The $180 million is comprised of $170 million in cash and $10 million in common shares of [Read more]