BOE Report

Black Swan Energy Announces Closing of Strategic Acquisition & Equity Financing

CALGARY, ALBERTA--(Marketwired - July 6, 2015) - Black Swan Energy Ltd. is pleased to announce the closing of its acquisition of Carmel Bay Exploration Ltd. On June 9, 2015, Carmel Bay announced it had entered into an Arrangement Agreement with Black Swan whereby Black Swan would acquire all of the issued and outstanding shares of Carmel Bay for cash consideration in a transaction valued at approximately $200 million. The acquisition includes 82,600 acres of 100% working interest lands [Read more]

Kicking Horse Energy Inc. Announces Kakwa Acreage Acquisition and Operational Update

CALGARY, AB--(Marketwired - July 06, 2015) - Kicking Horse Energy Inc. ("Kicking Horse" or the "Company") (TSX VENTURE: KCK) is pleased to announce that it has acquired nine 100% working interest ("WI") sections of Montney rights in the Kakwa area of Alberta (the "New Acreage"). The New Acreage is located immediately offsetting the Company's West Kakwa acreage and within 3 miles of the Company's East Kakwa production block. Kicking Horse intends to spud a vertical assessment well on the New [Read more]

Sunrise Energy Project Production Update

CALGARY, AB--(Marketwired - July 06, 2015) - Husky Energy (TSX: HSE) is continuing to ramp up production at the Sunrise Energy Project in northeast Alberta.Sunrise began producing bitumen in mid-March 2015. Twenty-five well pairs are now on production, with steaming under way on 43 of 55 well pairs. Strong reservoir and facility performance has contributed to increasing production volumes averaging 5,000-5,500 barrels per day (bbls/day) at the end of June, ahead of plan."We continue to follow a [Read more]

Husky Energy Undertaking Maintenance at Lloydminster Upgrader

CALGARY, AB--(Marketwired - July 03, 2015) - Husky Energy (TSX: HSE) is undertaking maintenance at its Lloydminster Upgrader that will see operations temporarily suspended for an estimated period of six to eight weeks.The unplanned maintenance activity is underway and will address repairs to the facility's coke drums. Upstream heavy oil production is not expected to be impacted.Husky Energy is one of Canada's largest integrated energy companies. It is headquartered in Calgary, Alberta, Canada [Read more]

Teekay LNG Partners Declares Distribution

HAMILTON, BERMUDA--(Marketwired - July 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 June 30, 2015. The cash distribution is payable on August 14, 2015 to all unitholders of record as at July 14, 2015. About Teekay LNG Partners L.P. Teekay LNG Partners is one of the world's largest independent owners and operators of LNG carriers, [Read more]

Maple Leaf Royalties Corp. Announces Inaugural Dividend

CALGARY, ALBERTA--(Marketwired - July 2, 2015) - Maple Leaf Royalties Corp. (TSX VENTURE:MPL) ("Maple Leaf") has declared an inaugural quarterly dividend of 0.3 cents per common share, payable in cash on July 31, 2015, to shareholders of record on July 15, 2015, with an ex-dividend date of July 13, 2015. This dividend has been designated as an eligible dividend for Canadian income tax purposes. About Maple Leaf Royalties Corp. Maple Leaf Royalties Corp. is focused on oil and gas [Read more]

Coral Hill Energy Announces Agreement to Be Acquired by Crescent Point

CALGARY, ALBERTA--(Marketwired - July 2, 2015) - Coral Hill Energy Ltd. ("Coral Hill") is pleased to announce that it has entered into an arrangement agreement with Crescent Point Energy Corp. ("Crescent Point") pursuant to which Crescent Point will acquire all of the issued and outstanding common shares of Coral Hill ("Coral Hill Shares") not already owned by Crescent Point by way of a plan of arrangement (the "Arrangement") on the basis of 0.0567 of a common share in the capital of Crescent [Read more]

Crescent Point Announces Strategic Consolidation Acquisition of Coral Hill Energy Ltd. and Upwardly Revised 2015 Guidance

CALGARY, ALBERTA--(Marketwired - July 2, 2015) - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG)(NYSE:CPG) is pleased to announce that it has entered into an arrangement agreement (the "Coral Hill Arrangement") to acquire all of the issued and outstanding shares of Coral Hill Energy Ltd. ("Coral Hill"). Coral Hill is a privately owned, light oil-weighted producer with approximately 3,200 boe/d of high-netback productive capacity, primarily in the Swan Hills [Read more]

Lightstream Announces $90 Million Debt Reduction and $250 Million Increase in Credit Availability Through Secured Note Issuance

CALGARY, ALBERTA--(Marketwired - July 2, 2015) - Lightstream Resources Ltd. (the "Company" or "Lightstream") (TSX:LTS) announces that we have entered into a privately negotiated agreement to issue a total of US$395 million in second lien notes ("Secured Notes") in exchange for US$465 million of existing 8.625% unsecured senior notes due 2020 ("Unsecured Notes") which will be cancelled. We have also agreed to issue to the same parties, with an expected closing in mid-July, an additional US$200 [Read more]

Bonavista Energy Corporation Announces Increase to Exchangeable Share Ratio

CALGARY, ALBERTA--(Marketwired - July 2, 2015) - Bonavista Energy Corporation ("Bonavista") is pleased to announce the increase to the Exchange Ratio of its exchangeable shares from 1.32739 to 1.33399. This increase will be effective on July 15, 2015 (the "Effective Date"). The following are the details of the calculation of the Exchange Ratio: Record Date of Bonavista Dividend [Read more]