BOE Report

Shoreline Energy Corp. Obtains Creditor Protection

CALGARY, ALBERTA--(Marketwired - April 14, 2015) - Shoreline Energy Corp. (TSX:SEQ) ("Shoreline" or the "Company") announces today that it has obtained creditor protection under the Companies' Creditors Arrangement Act (Canada) (the "CCAA") pursuant to an Order granted on April 13, 2015 by the Court of Queen's Bench of Alberta, Judicial Centre of Calgary (the "Court"). The CCAA filing follows a review of Shoreline's strategic alternatives by its Board of Directors. Details of the CCAA filing [Read more]

AltaGas Ltd. Closes US$125 Million Medium-Term Note Offering

CALGARY, ALBERTA--(Marketwired - April 14, 2015) - AltaGas Ltd. ("AltaGas") (TSX:ALA) today announced that it has completed its US$125 million issue of senior unsecured medium-term notes (the "Offering"). The notes carry a floating rate coupon of three month LIBOR plus 0.85 percent and mature on April 17, 2017. The net proceeds resulting from the Offering will be used to pay down existing indebtedness and for general corporate purposes. The Offering was made through a syndicate [Read more]

Maple Leaf Royalties Corp. Announces Royalty Acquisition and Approval of Dividend Policy

CALGARY, ALBERTA--(Marketwired - April 14, 2015) - Maple Leaf Royalties Corp. (TSX VENTURE:MPL) ("Maple Leaf") is pleased to announce that it has entered into an agreement to acquire existing gross overriding royalty interests in southern Alberta, and that its board of directors has approved a dividend policy. Asset Acquisition Maple Leaf has executed purchase and sale agreements with two private oil and gas companies whereby Maple Leaf will acquire a 5-15% sliding scale gross overriding [Read more]

Audubon Companies Presents at GPA 2015 Convention

HOUSTON, TX--(Marketwired - April 14, 2015) - Tim Miller and Dave Beck of Audubon Companies presented their paper, "Maximizing the Gas Processing Market by Combining NGL Recovery with LNG Production," at the 94th GPA Convention in San Antonio, Texas on Monday April 13, 2015.Beck, who is a managing partner with the company, and Miller, a processing engineering manager, discussed how the market is shifting from multi-ton to small-scale LNG production facilities as well as how LNG facilities are [Read more]

Deep Well SAGD Project Operations Update

EDMONTON, ALBERTA--(Marketwired - April 14, 2015) - Deep Well Oil & Gas, Inc. (and its subsidiaries - "Deep Well" or "Company") (OTCQB:DWOG) is pleased to announce the following operations update on its joint Steam Assisted Gravity Drainage project ("SAGD Project") located in Sawn Lake, Alberta. The SAGD well pair was drilled to a vertical depth of approximately 650 meters with a horizontal length of 780 meters each. Steam injection began in May 2014 and circulated for up to four months with [Read more]

Alternative Fuels in China Can Replace up to 483 Billion Gallons of Gasoline in 2020

BOSTON, MA--(Marketwired - Apr 14, 2015) - China's strategic shift toward alternative fuels in order to cut its reliance on foreign oil is creating huge opportunities, notably in natural gas vehicles (NGVs) and in the conversion of coal to ethanol, according to Lux Research. The Asian giant bids to reduce foreign oil imports from the current 50% of domestic demand. What's more, its plans to limit coal-fired power plants, on account of growing pollution, means that vast amounts of [Read more]

Pinecrest Energy Inc. Announces Amendment to Plan of Arrangement and Departure of Executive Officers

CALGARY, ALBERTA--(Marketwired - April 13, 2015) - Pinecrest Energy Inc. ("Pinecrest" or the "Company") (TSX VENTURE:PRY) has amended the plan of arrangement involving Cardinal Energy Ltd. (the "Purchaser"), Virginia Hills Oil Corp. ("Virginia Hills"), the Company and the Company's shareholders (the "Arrangement"). The amendment removes the step in the plan of arrangement transferring the employment of executive officers and employees of Pinecrest to Virginia Hills while all other steps in the [Read more]

Questfire Energy Corp. Announces Incentive Share Option Issuance

CALGARY, ALBERTA--(Marketwired - April 13, 2015) - Questfire Energy Corp. (the "Corporation") (TSX VENTURE:Q.A)(TSX VENTURE:Q.B) announces it has issued an aggregate of 600,000 options to directors, officers, employees and consultants pursuant to its stock option plan, of which 255,000 were granted to directors and officers. The options have an exercise price of $1.30 per share and will expire on April 13, 2025. To request a free copy of Questfire's financial report or if you would like to be [Read more]

Cardinal Energy Ltd. Confirms Monthly Dividend for April

CALGARY, ALBERTA--(Marketwired - April 13, 2015) - Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX:CJ) confirms that a dividend of $0.07 per common share will be paid on May 15, 2015 to shareholders of record on April 30, 2015 with an ex-dividend date of April 28, 2015. The Board of Directors of Cardinal has declared the dividend payable in either cash or common shares at the election of the shareholder. This dividend has been designated as an "eligible dividend" for Canadian income tax [Read more]

Freehold Royalties Ltd. Declares Dividend for May 15, 2015

CALGARY, ALBERTA--(Marketwired - April 13, 2015) - Freehold Royalties Ltd. (Freehold) (TSX:FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.09 per common share to be paid on May 15, 2015 to shareholders of record on April 30, 2015. Including the May 15, 2015 payment, the twelve-month trailing cash dividends total Cdn. $1.48 per common share. These dividends are designated as "eligible dividends" for Canadian income tax purposes. Freehold's primary [Read more]