BOE Report

Kelt to Consolidate Its British Columbia Montney and Doig Assets Through the Acquisition of Artek Exploration

CALGARY, AB--(Marketwired - February 23, 2015) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") has entered into an agreement with Artek Exploration Ltd. ("Artek"), pursuant to which Kelt will acquire all of the issued and outstanding common shares of Artek on the basis of 0.34 of a Kelt common share for each Artek common share. The acquisition will be effected by way of a statutory plan of arrangement (the "Arrangement"). Based on the volume-weighted average trading price of the [Read more]

Parkland Fuel Corporation Acquires an Additional 11 Chevron-Branded Service Stations in British Columbia

RED DEER, AB--(Marketwired - February 23, 2015) - Parkland Fuel Corporation ("Parkland" or the "Corporation") (TSX: PKI), Canada's largest independent marketer of fuel and petroleum products, today announced that it has entered into an agreement to acquire 11 Chevron-branded service stations from Chevron Canada Limited ("Chevron") for approximately $17.1 million (the "Acquisition"), subject to customary post-closing adjustments. The Acquisition is anticipated to contribute approximately $3 [Read more]

Scotiabank Commodity Price Index Falls Below April-2009 Recessionary Low

TORONTO, ON--(Marketwired - February 23, 2015) - Scotiabank's Commodity Price Index plunged again in January, -8.6% month-over-month (m/m) or -27.9% year-over-year (yr/yr), dropping below the April-2009 low during the 'Great Recession.' Commodity prices are now at levels last seen in January 2007. "While global economic conditions are better than in 2009, an extended period of sub-par world GDP growth has triggered intensely competitive global markets, taking the steam out of commodity [Read more]

Natural Gas Producers Welcome Tax Reclassification for LNG Facilities

CALGARY, ALBERTA--(Marketwired - Feb. 20, 2015) - The federal government's tax reclassification for potential liquefied natural gas (LNG) export facilities enhances Canadian competitiveness and supports the continued success of the country's upstream natural gas industry, the Canadian Association of Petroleum Producers (CAPP) said today. "LNG development presents a tremendous economic opportunity for British Columbia and Canada, and is vital to the long-term viability of the Canadian upstream [Read more]

Talisman Receives Final Court Approval for Acquisition by Repsol

CALGARY, ALBERTA--(Marketwired - Feb. 20, 2015) - Talisman Energy Inc. (TSX:TLM) (NYSE:TLM) announced today that the Court of Queen's Bench of Alberta granted a final order approving the proposed arrangement under which Repsol S.A., through a wholly-owned subsidiary, is to acquire all of the outstanding shares of Talisman. The arrangement was approved by Talisman shareholders at a special meeting of shareholders held on February 18, 2015. Talisman also confirms that the holders of its [Read more]

IFR Announces Change in Stock Options

CALGARY, ALBERTA--(Marketwired - Feb. 20, 2015) - International Frontier Resources Corporation ("IFR" or the "Company") (TSX VENTURE:IFR) today reported that certain Officers and Directors have agreed to surrender 800,000 stock options. The Company also reports that it has issued 800,000 stock options to Tony Kinnon a Director and V.P. Business Development, the options are exercisable at a price of $0.10 per share for a period of five years. The Company's shares are listed on the TSX-V [Read more]

Southern Pacific Solicits Proposals to Sell or Restructure Company

CALGARY, ALBERTA--(Marketwired - Feb. 20, 2015) - Southern Pacific Resource Corp. (TSX:STP) (the "Company" or "Southern Pacific") is a thermal heavy oil and bitumen producer based in Calgary, Alberta. Southern Pacific has initiated a process to solicit proposals to: 1) acquire the Company and its assets; or 2) acquire some or all of the assets of the Company; or 3) make an investment to recapitalize and restructure the debt of the Company (collectively a "Bid"). Strategic and financial [Read more]

Bonterra Energy Corp. Enters into $172 Million Agreement to Acquire Oil and Gas Assets in the Pembina Cardium

CALGARY, ALBERTA--(Marketwired - Feb. 20, 2015) - Bonterra Energy Corp. ("Bonterra" or "the Company") (TSX:BNE) is pleased to announce that it has entered into a purchase and sale agreement dated February 19, 2015 (the "Agreement") to acquire certain oil and gas assets (the "Assets") from a senior oil and gas producer (the "Acquisition"). The Assets are Cardium focused in the Pembina Area of Alberta, including upper zones in the Belly River and Edmonton Sands, with a production base that is [Read more]

Lightstream Announces 2014 Reserves and Operations Update

CALGARY, ALBERTA--(Marketwired - Feb. 20, 2015) - Lightstream Resources Ltd. ("Lightstream" or the "Company") (TSX:LTS) announces 2014 year-end reserves and updated operations information. The Company's annual audit of our consolidated financial statements is not yet complete and accordingly all financial and production amounts herein are management's estimates which are unaudited and subject to change. HIGHLIGHTS January 2015 average production was approximately 36,400 boepd (76% light [Read more]

Enbridge Files 2014 Year End Disclosure Documents

CALGARY, ALBERTA--(Marketwired - Feb. 19, 2015) - Enbridge Inc. (TSX:ENB) (NYSE:ENB) has filed its Annual Information Form, audited Consolidated Financial Statements and related Management's Discussion and Analysis for the year ended December 31, 2014, with Canadian securities regulatory authorities. Enbridge has also filed its Form 40-F for the year ended December 31, 2014, with the United States Securities and Exchange Commission. Copies of these documents are available electronically [Read more]