BOE Report

Groundstar Resources Limited Provides Corporate Update

CALGARY, ALBERTA--(Marketwired - June 15, 2015) - Groundstar Resources Limited ("Groundstar" or the "Company") (TS XENTURE:GSA) is pleased to provide an update with respect to the ongoing restructuring of the Company. As previously announced, the Board of Directors now consists of Tyron Pfeifer, Dale Hammons and Murray Stodalka with Mr. Pfeifer acting as Chief Operating Officer. There are no other directors or officers of the Company at this time. The Company is currently looking to add a new [Read more]

Teekay LNG Signs Charter Contracts With BP for Up to Two LNG Carrier Newbuilds

HAMILTON, BERMUDA--(Marketwired - June 15, 2015) - Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP) today announced that it has entered into a 13-year time-charter contract with BP Shipping Limited (BP) for one Liquefied Natural Gas (LNG) carrier newbuilding, plus an option exercisable by BP by the end of the third quarter of 2015 for one additional LNG carrier under similar terms. The vessels, including the optional vessel if exercised, will primarily provide LNG [Read more]

Tamarack Valley Energy Ltd. Closes $43.3 Million Wilson Creek Asset Acquisition

CALGARY, ALBERTA--(Marketwired - June 15, 2015) - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX VENTURE:TVE) is pleased to announce that it has successfully completed its previously announced acquisition of certain assets located in the greater Wilson Creek area of Alberta (the "Primary Acquisition"), contiguous with Tamarack's existing Cardium interest in Wilson Creek, for an aggregate purchase price of $43.3 million, subject to normal closing adjustments. In addition to the [Read more]

Eagle Energy Trust Confirms June 2015 Distribution

CALGARY, ALBERTA--(Marketwired - June 15, 2015) - Eagle Energy Trust ("Eagle") (TSX:EGL.UN) confirms its June 2015 distribution. The cash distribution to be paid on July 23, 2015, in respect of the period from June 1, 2015 to June 30, 2015, for unitholders of record on June 30, 2015 will be $0.03 per trust unit. The ex-distribution date is June 26, 2015. The annualized distribution of $0.36 per trust unit represents a cash-on-cash yield of 11.5% based on the closing price of our trust [Read more]

Canamax Announces Strategic Business Combination With Powder Mountain Energy Ltd Which Provides Access to $21.5 Million of Surplus Cash

CALGARY, AB--(Marketwired - June 15, 2015) - Canamax Energy Ltd. ("Canamax" or the "Company") (TSX VENTURE: CAC) is pleased to announce that it has entered into an arrangement agreement (the "Arrangement Agreement") with Powder Mountain Energy Ltd. ("Powder") to acquire all of the common shares of Powder (the "Powder Combination") for total expected consideration of approximately $27.35 million, payable through the issuance of Canamax common shares having a deemed value of $0.60 per share (the [Read more]

Mapan Energy Ltd. Announces Rescheduling of AGM

CALGARY, ALBERTA--(Marketwired - June 12, 2015) - Mapan Energy Ltd. ("Mapan" or the "Company") (TSX VENTURE:MPG) announced today that its annual and special meeting of shareholders originally scheduled to be held on June 25, 2015 has been rescheduled to July 27, 2015 due to timing and scheduling conflicts and to ensure adequate notice of the meeting is provided to shareholders. Details in respect of the business to be conducted at the meeting will be set forth in the information circular to be [Read more]

Vital Energy Inc.: S.W. Saskatchewan Core Project Areas-Status Update

CALGARY, ALBERTA--(Marketwired - June 12, 2015) - Vital Energy Inc. (TSX VENTURE:VUX) announces: In the Gull Lake Project Area: the previously announced 11-32-13-19 W3M vertical test well that was targeting oil production from the Roseray, Cantuar and Upper Shaunavon was completed and placed on production in January 2015. The 11-32 well is producing medium gravity oil from the Roseray formation. As previously announced the well located in 6-5-14-19 W3M has been converted into a water [Read more]

Manitok Energy Inc. Announces the Closing of the Acquisition of Wayne Assets in Southern Alberta and Closing of the Majority of the Equity Financing

CALGARY, ALBERTA--(Marketwired - June 12, 2015) - Manitok Energy Inc. (the "Corporation" or "Manitok") (TSX VENTURE:MEI) is pleased to announce that it has closed the acquisition of certain petroleum and natural gas assets in the Wayne area of southeast Alberta as previously announced on its press release dated June 8, 2015 for a total cash consideration of $61.5 million prior to transaction costs and customary closing adjustments (the "Wayne Acquisition"). The [Read more]

TransCanada Reaches Significant Milestone Pacific NorthWest LNG Makes Positive Final Investment Decision Subject to Two Conditions

PRINCE RUPERT, BRITISH COLUMBIA--(Marketwired - June 12, 2015) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) announced today that its Prince Rupert Gas Transmission Project (PRGT) has reached an important milestone with a positive Final Investment Decision, subject to two conditions, from Pacific NorthWest LNG (PNW LNG) for the proposed PNW LNG liquefaction and export facility in the District of Port Edward in B.C. "This development is a significant step forward," said [Read more]

Western Canada to See More Than $20 Billion in Project Kickoffs in Third-Quarter 2015, With Renewables in Lead, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Jun 12, 2015) - Researched by Industrial Info Resources (Sugar Land, Texas) -- The Western Canadian region leads the nation with more than $20 billion in projects slated to kick off from July through September, with a surprisingly strong showing for renewable energy projects in an area that traditionally has been dominated by the mining and oil-drilling industries. In fact, most of the spending comes from two closely watched projects: a hydroelectric project in [Read more]