BOE Report

Pengrowth Announces Board of Director Election Results

CALGARY, ALBERTA--(Marketwired - June 23, 2015) - Attention: Financial Editors Pengrowth Energy Corporation (TSX:PGF)(NYSE:PGH) is pleased to announce that at its annual meeting of shareholders held earlier today, each of the ten nominees listed in its management information circular dated April 30, 2015 were elected as directors of Pengrowth to serve until the next annual meeting of shareholders of Pengrowth, or until their successors are elected or appointed. The results of [Read more]

Dejour Secures Additional C$2.5 MM in Bridge Loan Facilities to Support Kokopelli Completions

VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 23, 2015) - Dejour Energy Inc. (NYSE MKT:DEJ)(TSX:DEJ) ("Dejour" or the "Company"), an independent oil and gas exploration and production company operating in North America's Piceance Basin and Peace River Arch regions, today announced that it has closed a bridge loan commitment of up to C$ 2.5 million by companies associated with a principal and director of Dejour, on the same terms as the previously secured C$4 million bridge loan facility. [Read more]

Tourmaline Oil Corp. Announces Closing of Bought Deal Financing Including Exercise in Full of Over-Allotment Option and Provides Financial and Expanded 2015 EP Program Update

CALGARY, ALBERTA--(Marketwired - June 23, 2015) - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to announce that it has closed its public offering of 4,887,500 common shares at a price of $39.50 per share, which includes 637,500 common shares issued pursuant to the exercise in full of the over-allotment option, for gross proceeds of $193.1 million. Concurrent with the closing of the public offering, certain directors, officers and employees of the Company and their [Read more]

Canamax Announces Addition of Flow-Through Shares to Private Placement Financing and Increased Bank Credit Facilities in Conjunction With Acquisition of Greater Grimshaw Assets

CALGARY, ALBERTA--(Marketwired - June 23, 2015) - Canamax Energy Ltd. ("Canamax" or the "Company") (TSX VENTURE:CAC) is pleased to announce the following: Private Placement Financing The terms of the previously announced $15 million Private Placement Financing (the "Private Placement Financing") have been amended to include the issuance of up to 1.6 million common shares of Canamax on a "flow-through" basis pursuant to the Income Tax Act (Canada) in respect of [Read more]

Chinook Energy Inc. Announces Amended Credit Facility

CALGARY, ALBERTA--(Marketwired - June 22, 2015) - Chinook Energy Inc. (TSX:CKE) ("Chinook" or the "Company") today announced its amended credit facility following the completion of the semi-annual review of its facility by its bank syndicate. The amended credit facility provides a borrowing base of $75 million, down from $125 million, primarily as a result of significantly reduced commodity pricing and non-core asset dispositions. The credit facility is subject to re-determination on a [Read more]

Enbridge Energy Partners, L.P. to Present at the Credit Suisse MLP & Energy Logistics Conference

HOUSTON, TX--(Marketwired - Jun 22, 2015) - Enbridge Energy Partners, L.P. (NYSE: EEP) ("Enbridge Partners" or "the Partnership") will be presenting at the 2015 Credit Suisse Master Limited Partnerships ("MLP") and Energy Logistics Conference in New York City, New York. Mark A. Maki, President of the Partnership, will present an overview of the Partnership's business and growth prospects commencing at approximately 2:30 p.m. Eastern Time on Tuesday, June 23, 2015. The presentation will [Read more]

Inter Pipeline Announces Completion of Polaris Pipeline Expansion for Imperial’s Kearl Project

CALGARY, ALBERTA--(Marketwired - June 22, 2015) - Inter Pipeline Ltd ("Inter Pipeline") (TSX:IPL) announced today that it has completed capacity expansion work on its Polaris Pipeline system in support of the second phase of the Kearl oil sands project operated by Imperial Oil Resources Ventures Limited ("Imperial"). In August 2013, Imperial exercised its contractual option to increase its firm capacity commitment on the Polaris Pipeline system from 60,000 barrels per day to 120,000 barrels per [Read more]

Zargon Oil & Gas Ltd. Announces Renewal of Credit Facilities, Revises 2015 Dividends and Provides a Little Bow ASP Project Update

CALGARY, ALBERTA--(Marketwired - June 22, 2015) - Zargon Oil & Gas Ltd. (TSX:ZAR)(TSX:ZAR.DB) ("Zargon" or the "Company") announces the renewal of its credit facilities, a reduced dividend of $0.01 per common share per month and provides a Little Bow ASP Project Update. Renewal of Credit Facilities Zargon has renewed and extended its committed syndicated credit facilities and the lenders thereunder have confirmed a borrowing base of $110 million, down from $130 million. This [Read more]

Striker Exploration Corp. Announces Closing of Previously Announced Belly River Acquisition

CALGARY, ALBERTA--(Marketwired - June 22, 2015) - Striker Exploration Corp. ("Striker" or the "Company") (TSX VENTURE:SKX) is pleased to announce that it has closed its previously announced asset acquisition in the Wilson Creek area (the "Acquisition"). The aggregate purchase price in respect of the Acquisition was $3.875 million, before adjustments, which was satisfied using the Company's existing credit facilities. The key attributes of the Acquisition include: [Read more]

Virginia Hills Oil Corp. Announces Issuance of Warrants to Lenders

CALGARY, ALBERTA--(Marketwired - June 19, 2015) - Virginia Hills Oil Corp. ("Virginia Hills" or the "Company") (TSX VENTURE:VHO) announces that on May 15, 2015 it issued an aggregate of 1,972,416 common share purchase warrants ("Warrants"). The Warrants were issued to the Company's senior lenders in respect of a $97.0 million credit facility established on April 15, 2015 in connection with the acquisition by the Company of certain assets from Pinecrest Energy Inc. by way of plan of arrangement [Read more]