BOE Report

Low World Oil Prices to Slow Growth of Canadian Oil Production

CALGARY, ALBERTA--(Marketwired - June 9, 2015) - The sharp drop in world oil prices over the past year is slowing the growth of Canadian oil production over the next two decades, the Canadian Association of Petroleum Producers announced today in its 2015 Crude Oil Forecast, Markets and Transportation report. CAPP estimates production of Canadian oil will increase 43 per cent over 16 years, growing to 5.3 million barrels per day by 2030, up from 3.7 million barrels per day in 2014. Increased [Read more]

Augusta Commences Marketing Campaign in the Middle East

TORONTO, ONTARIO--(Marketwired - June 9, 2015) - Augusta Industries Inc. (the "Corporation") (TSX VENTURE:AAO) is pleased to announce that its wholly owned subsidiary, FOX TEK Canada Inc. ("Fox Tek"), will be installing two of its systems in Saudi Arabia on the 14th of this month. Fox Tek will be dispatching a team of its engineers to the country to assist the customer with the installation process. In connection with the scheduled installation, the Corporation's Vice President [Read more]

Inter Pipeline Announces June 2015 Cash Dividend

CALGARY, ALBERTA--(Marketwired - June 9, 2015) - Inter Pipeline Ltd. ("Inter Pipeline") (TSX:IPL) announced today the declaration of a cash dividend of $0.1225 per share for June 2015. This dividend will be paid on or about July 15, 2015 to shareholders of record on June 22, 2015. This dividend is designated as an "eligible dividend" for Canadian tax purposes. Since inception, Inter Pipeline has distributed approximately $3 billion in cash payments to investors. Inter Pipeline's [Read more]

Husky Energy Announces $150 Million Preferred Share Offering

CALGARY, ALBERTA--(Marketwired - June 9, 2015) - Husky Energy (TSX:HSE) has agreed to issue to a syndicate of underwriters led by RBC Capital Markets, BMO Capital Markets and Scotia Capital Inc. for distribution to the public 6,000,000 Cumulative Redeemable Preferred Shares, Series 7 (the "Series 7 Shares"). The Series 7 Shares will be issued at a price of $25.00 per Series 7 Share, for aggregate gross proceeds of $150 million. Holders of the Series 7 Shares will be entitled to receive a [Read more]

Primeline Signs to Merge With Loyz Energy to Create Pan-Asia/Pacific Oil and Gas Company

HONG KONG, CHINA--(Marketwired - June 9, 2015) - Not for distribution to the U.S. news wires services, or dissemination in the United States. Primeline Energy Holdings Inc. ("Primeline"(TSX VENTURE:PEH) today announces that it has signed a memorandum of understanding ("MOU") to merge with Loyz Energy Limited ("Loyz"). The merger will result in the creation of an ambitious pan-Asia/Pacific oil and gas company, listed on the Catalist board of the Singapore Stock Exchange [Read more]

Primeline Files Early Warning Report

HONG KONG, CHINA--(Marketwired - June 9, 2015) - Not for distribution to the U.S. news wires services, or dissemination in the United States. Primeline Energy Holdings Inc. ("Primeline" or the "Company") (TSX VENTURE:PEH) today announces, further to its press release of June 4, 2015, that Mr. Victor Hwang, its Chairman, President and majority shareholder, has acquired ownership and control of 21,218,535 Ordinary Shares of the Company ("Shares") pursuant to the conversion into [Read more]

Hawk Announces Updated Corporate Presentation

CALGARY, ALBERTA--(Marketwired - June 8, 2015) - Hawk Exploration Ltd. ("Hawk" or the "Corporation") (TSX VENTURE:HWK.A) announces that an updated presentation, as presented at the Corporation's Annual General Meeting on June 8, 2015, has been posted on the Corporation's website at www.hawkexploration.ca. The corporate presentation can be located under the Investor Information - Presentation page of the website. Hawk is an emerging exploration company engaged in the exploration, development and [Read more]

Pengrowth Reports Lindbergh Production That Exceeds Facility Nameplate Capacity of 12,500 bbl/d and Confirms CDN $0.02 Cash Dividend Payable July 15, 2015

CALGARY, ALBERTA--(Marketwired - June 8, 2015) - Pengrowth (TSX:PGF) (NYSE:PGH) is pleased to report that production from the Lindbergh thermal project now exceeds the project's nameplate capacity of 12,500 barrels per day (bbl/d). With all three well pads now on SAGD (steam assisted gravity drainage) production, the project is currently producing in excess of 13,000 bbl/d with an instantaneous steam oil ratio of 1.9. Installation of the remaining downhole electric submersible pumps (ESPs) was [Read more]

Hemisphere Energy Announces Results of Annual General and Special Meeting

VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 8, 2015) - Hemisphere Energy Corporation ("Hemisphere" or the "Company") (TSX VENTURE:HME) is pleased to announce that its shareholders approved all matters put before them at the Company's Annual General and Special Meeting held June 5, 2015 (the "Meeting") as follows: Presented the audited annual financial statements of the Company for the year ended December 31, 2014 and the report of the auditor thereon; [Read more]

Quantum Energy Partners Announces Partnership With Intensity Midstream

TULSA, OK--(Marketwired - June 08, 2015) - Quantum Energy Partners ("Quantum") is pleased to announce the formation of Intensity Midstream LLC ("Intensity") with founders Joseph L. Griffin ("Griffin") and Derek G. Gipson ("Gipson", and together with Griffin, the "Founders"). Supported by initial equity commitments in excess of $300 million from Quantum and the Founders, Intensity will pursue the acquisition, development, and operation of high quality midstream assets across select North American [Read more]