BOE Report

Virginia Hills Oil Corp. Announces Stock Option Grant

CALGARY, ALBERTA--(Marketwired - June 30, 2015) - Virginia Hills Oil Corp. ("Virginia Hills" or the "Company") (TSX VENTURE:VHO) is pleased to announce that it has granted 157,793 stock options to Mr. Mark Mallamo, Vice President, Exploration at an exercise price of $0.255. The stock options have been granted pursuant to Virginia Hills' stock option plan and one third of the options granted will vest on each of the first, second and third anniversaries of the date of grant. Subsequent to this [Read more]

Saturn Minerals Inc. Receives Proposal for a 4 Oil Exploration Well Drilling Program at Bannock Creek

VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 30, 2015) - Saturn Minerals Inc. (TSX VENTURE:SMI)(FRANKFURT:SMK) ("Saturn" or the "Company") is pleased to announce that the Company has received a proposal from its Joint Venture Partner ("JV Partner") for the Bannock Creek Property (Petroleum Exploration Permit 72) for a 4 well drilling program starting in July 2015. Saturn's Bannock Creek Property is located in the Northern Williston Basin in Saskatchewan. The exploration oil well program [Read more]

Legacy Shareholders Approve Plan of Arrangement With Crescent Point

CALGARY, ALBERTA--(Marketwired - June 30, 2015) - Legacy Oil + Gas Inc. (TSX:LEG) ("Legacy" or the "Company") is pleased to announce that the holders of Legacy common shares ("Shareholders") today approved the special resolution (the "Arrangement Resolution") authorizing the proposed plan of arrangement (the "Arrangement") involving Legacy, Crescent Point Energy Corp. ("Crescent Point") and the shareholders of Legacy at the annual and special meeting of the Legacy shareholders (the "Meeting"). [Read more]

Americas Petrogas Appoints New Director and Files and Mails Meeting Materials for Annual and Special Meeting of Shareholders

CALGARY, ALBERTA--(Marketwired - June 30, 2015) - New Board Appointment Americas Petrogas Inc. ("Americas Petrogas" or the "Company") (TSX VENTURE:BOE) is pleased to announce the appointment of Mr. Kenneth Geren of Greenwich, Connecticut to the Company's Board of Directors. Mr. Geren will also join the Company's Compensation Committee. Mr. Geren and his employer, Point72 Asset Management, L.P. ("Point72"), own or have dispositive and voting control over approximately 21.5 [Read more]

Teekay Corporation to Complete Sale of the Knarr FPSO and Announces Dividend Increase of 75 Percent

HAMILTON, BERMUDA--(Marketwired - June 30, 2015) - Teekay Corporation (NYSE:TK) - Highlights: Completing dropdown sale of the Knarr FPSO to Teekay Offshore on July 1, 2015 for approximately $1.26 billion. Agreed to invest $300 million in common units of Teekay Offshore. Results in a reduction in Teekay Parent's net debt by approximately $1 billion. Increased quarterly cash dividend by 75 [Read more]

Cardinal Energy Group (CEGX) Settles Dispute With Concho Oilfield Services, LLC

ABILENE, TX--(Marketwired - Jun 30, 2015) - Cardinal Energy Group, Inc. (OTCQB: CEGX) ("Company") is pleased to announce that the attorneys for Concho Oilfield Services, LLC and Hudson Petroleum, Ltd., Co., have asked the court to dismiss their claims against the Company with prejudice. The motions filed with the Texas District Court for Shackelford County discharges Cardinal of its obligations pursuant to the March 10, 2015 Joint Settlement Agreement. The amicable settlement of the suit [Read more]

Pan Orient Energy Corp.: Annual Meeting and Corporate Update

CALGARY, ALBERTA--(Marketwired - June 30, 2015) - Pan Orient Energy Corp. ("Pan Orient") (TSX VENTURE:POE) is pleased to report that all resolutions (appointment of auditor, number of directors, election of directors, re-approval of the stock option plan, confirmation of a new by-law relating to advance notice of director nominations and ratification of the shareholder rights plan) at its June 29, 2015 Annual and Special Meeting of Shareholders were approved by over 93% of votes cast. A new [Read more]

TransCanada Lists Series 4 Preferred Shares

CALGARY, ALBERTA--(Marketwired - June 30, 2015) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada or the Corporation) announced today that 5,466,595 of its 14,000,000 fixed rate Cumulative Redeemable First Preferred Shares, Series 3 (Series 3 Shares) were tendered for conversion into floating-rate Cumulative Redeemable First Preferred Shares, Series 4 (Series 4 Shares). As a result of the conversion TransCanada has 8,533,405 Series 3 Shares and 5,466,595 Series 4 Shares issued and [Read more]

Striker Exploration Corp. Announces Renewal of Banking Facilities

CALGARY, ALBERTA--(Marketwired - June 29, 2015) - Striker Exploration Corp. ("Striker" or the "Company") (TSX VENTURE:SKX) is pleased to announce as a result of the scheduled review by Striker's syndicate of Canadian chartered banks, the aggregate lending limit of the existing banking facilities remain unchanged at $55 million. The facilities consist of a $40 million revolving term facility, plus a $15 million revolving operating facility. Both facilities are to be reviewed by the lending [Read more]

Pengrowth Ships First Lindbergh Production on the Husky Sales Line, Reports Continued Strength in Lindbergh Production and Intent to Sell Up to $600 Million of Non-Core Assets

CALGARY, ALBERTA--(Marketwired - June 29, 2015) - Pengrowth (TSX:PGF)(NYSE:PGH) is pleased to report that construction and commissioning of its insulated sales line connecting the Lindbergh commercial facilities with the Husky pipeline, has been completed on time. Production from the commercial facilities has now been tied-in to the sales line, providing Pengrowth with additional transportation/marketing optionality. Pengrowth still retains the option to move production by rail to markets in an [Read more]