BOE Report

TransCanada Donates to Medical Clinic

CHETWYND, BRITISH COLUMBIA--(Marketwired - March 18, 2015) - The District of Chetwynd is pleased to announce that TransCanada will donate $100,000 toward construction of the new Medical Clinic and Wellness Centre in Chetwynd. "We are so fortunate to share a community with corporate citizens like TransCanada," stated Mayor Merlin Nichols. "This Medical Clinic and Wellness Centre will become a reality, in part because TransCanada recognized the value the clinic will bring to the residents [Read more]

Toro Oil & Gas Ltd. Executes on Alberta Viking Consolidation

CALGARY, ALBERTA--(Marketwired - March 18, 2015) - Toro Oil & Gas Ltd. (TSX VENTURE:TOO) ("Toro" or the "Company") is pleased to announce the Company entered into and closed a series of unrelated arm's length transactions to acquire light oil assets in the Alberta Viking fairway ("Viking Assets"). The Viking Assets include approximately 50 boe/d and 29 net sections of land contiguous to Toro's existing Alberta Viking land base. On a combined basis, total consideration for the Viking Assets [Read more]

RMP Energy Reports Fourth Quarter and Fiscal 2014 Results and Year-End Reserves and Provides Updated Market Guidance

CALGARY, ALBERTA--(Marketwired - March 18, 2015) - RMP Energy Inc. ("RMP" or the "Company") (TSX:RMP) is pleased to report for the year ended December 31, 2014 record financial and operating results including funds from operations of $164.1 million ($1.36 per basic share) on revenue of $265.9 million and average daily production of 11,782 barrels of oil equivalent. Detailed fourth quarter and annual results are as follows: Financial Results Three Months Ended Twelve Months [Read more]

Beaumont Energy Inc. Enters Into Arrangement Agreement

CALGARY, ALBERTA--(Marketwired - March 18, 2015) - Beaumont Energy Inc. ("Beaumont" or the "Corporation") is pleased to announce that it has entered into an arrangement agreement (the "Arrangement Agreement") with Whitecap Resources Inc. ("Whitecap") (TSX:WCP), pursuant to which Whitecap will, subject to certain conditions, acquire all of the issued and outstanding common shares of Beaumont for total consideration of approximately $587.5 million including the assumption by Whitecap of Beaumont's [Read more]

Birchcliff Energy Ltd. Provides Operational Update and Announces Audited 2014 Financial Statements

CALGARY, ALBERTA--(Marketwired - March 18, 2015) - Birchcliff Energy Ltd. ("Birchcliff" or the "Corporation") (TSX:BIR) is pleased to provide an operational update and announce its 2014 audited financial statements. The 2014 audited financial statements are consistent with the unaudited financial results contained in the press release issued by Birchcliff on February 11, 2015. The full text of the 2014 audited financial statements and the related management's discussion and analysis, as well as [Read more]

Whitecap Resources Inc. Increases Viking Light Oil Exposure, Announces $110 Million Financing and Provides Increased 2015 Guidance

CALGARY, ALBERTA--(Marketwired - March 18, 2015) - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX:WCP) is pleased to announce that it has entered into an arrangement agreement (the "Arrangement Agreement") providing for the acquisition by Whitecap of all the issued and outstanding common shares of Beaumont Energy Inc. ("Beaumont"). Under the terms of the Arrangement Agreement, Beaumont shareholders will receive 0.40 of a Whitecap common share for each Beaumont share, with an option [Read more]

Inter Pipeline Announces $300 Million Medium-Term Note Offering

CALGARY, ALBERTA--(Marketwired - March 18, 2015) - Inter Pipeline Ltd. ("Inter Pipeline") (TSX:IPL) announced today that it has agreed to issue $300 million of senior unsecured medium-term notes in the Canadian public debt market. The notes will have a fixed interest rate of 3.173% per annum, payable semi-annually, and will mature on March 24, 2025. The offering is expected to close on or about March 23, 2015, subject to customary closing conditions. Inter Pipeline will use the net proceeds [Read more]

World Heavy Oil Congress 2015 Delegates to Discuss ‘Producing More With Less’

EDMONTON, ALBERTA--(Marketwired - March 18, 2015) - World Heavy Oil Congress, the leading forum for the international heavy oil community, will welcome more than 1,000 delegates to Edmonton's Shaw Conference Centre from Tuesday, March 24 to Thursday, March 26, 2015. World Heavy Oil Congress offers delegates from 20 countries around the world a platform to network, connect and learn about the heavy oil community in both emerging and established markets. This year's timely theme [Read more]

Ontario to See $3.66 Billion in Project Construction Starts in Second-Quarter 2015, Fueled by Natural Gas, Wind Power, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Mar 18, 2015) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Ontario's Power Industry is the driving force behind $3.66 billion in projects expected to kick off in Canadian province in the second quarter of 2015. More than half of that amount is attributed to projects fueled by natural gas and wind power, according to Industrial Info's project database, and all but $150 million of the total can be found in four industries: Power, Metals & [Read more]

PrairieSky Royalty Declares March Dividend and Implements DRIP

CALGARY, ALBERTA--(Marketwired - March 17, 2015) - PrairieSky Royalty Ltd. ("PrairieSky") (TSX:PSK) announced today that its Board of Directors has declared a dividend of CDN $0.10833 per common share to be paid on April 15, 2015 to shareholders of record on March 31, 2015. This dividend is designated as an "eligible dividend" for Canadian income tax purposes. PrairieSky is also pleased to announce that its Board of Directors has approved a dividend reinvestment plan (the [Read more]