BOE Report

ExxonMobil Offsets Oil Price Plunge With Chemical Profits in 2014, Sets Record for Upstream Kickoffs, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Feb 3, 2015) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Leading oil and gas company Exxon Mobil Corporation (NYSE:XOM) (Irving, Texas) sailed rough waters in 2014, as lower commodity prices and a jump in maintenance activity negatively affected profits in the Upstream and Downstream segments, respectively. Still, strong profits in the Chemicals segment offset much of the losses, and a record number of Upstream start-ups helped the company [Read more]

Arcan Announces Debentureholder Approval to Exchange Its Convertible Debentures and Cancellation of Outstanding Options

CALGARY, ALBERTA--(Marketwired - Feb. 2, 2015) - Arcan Resources Ltd. (TSX VENTURE:ARN) ("Arcan" or the "Company") is pleased to announce that the holders ("Debentureholders") of its $86.25 million 6.25% convertible unsecured subordinated debentures due February 28, 2016 (the "2016 Debentures") and $85.0 million 6.50% convertible unsecured subordinated debentures due October 31, 2018 (the "2018 Debentures" and together with the 2016 Debentures, the "Debentures") have approved, by way of [Read more]

Pan Orient Energy Corp.: Corporate Update

CALGARY, ALBERTA--(Marketwired - Feb. 2, 2015) - On November 5, 2014 Pan Orient Energy Corp. ("Pan Orient" or the "Company") (TSX VENTURE:POE) announced it had entered into an agreement for the sale of a 50-per-cent equity interest in subsidiary Pan Orient Energy (Siam) Ltd. to a wholly owned subsidiary of Sea Oil Public Company Limited ("Sea Oil"), of Thailand, for a cash price of USD $42.5 million, including a working capital adjustment of USD $2.4 million. Pan Orient Energy (Siam) Ltd. holds [Read more]

Bonterra Energy Corp. Confirms Cash Dividend for January 2015 Payable February 27, 2015

CALGARY, ALBERTA--(Marketwired - Feb. 2, 2015) - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) announces that the January 2015 monthly cash dividend will be $0.15 per share (a $0.15 decrease from the previous month) and will be paid on February 27, 2015. The record date for the dividend is February 13, 2015 and the ex-dividend date is February 11, 2015. The dividend is paid monthly and is subject to commodity prices and production levels. The dividend is considered an [Read more]

Macro Enterprises Inc. Responds to Market Activity and Announces Date of Release of 2014 Fourth Quarter and Year End Results

FORT ST. JOHN, BRITISH COLUMBIA--(Marketwired - Jan. 30, 2015) - Macro Enterprises Inc. (TSX VENTURE:MCR) (the "Company" or "Macro") acknowledges the marked decline in its share price over recent weeks. The Company is not aware of any material change uniquely related to its operations that would account for the price decline, but suspects that the market community is reacting to the significant fall in oil prices and its anticipated effect on oil and gas operations by the Company's clients. [Read more]

Enbridge Inc. to Webcast 2014 Year End Financial Results

CALGARY, ALBERTA--(Marketwired - Jan. 30, 2015) - Enbridge Inc. (TSX:ENB) (NYSE:ENB) will host a webcast conference call to discuss its 2014 fourth quarter and year-end financial results on Friday, February 20, 2015. Webcast Information Event: Enbridge Inc. 2014 Year End Financial Results Conference Call Date: Friday, February 20, 2015 Time: 7:00 a.m. Mountain Time / 9:00 a.m. Eastern Time Webcast: sign-up Conference Call Information [Read more]

Maple Leaf Royalties Corp. Completes Acquisition of Oil and Gas Royalties

CALGARY, ALBERTA--(Marketwired - Jan. 30, 2015) - Maple Leaf Royalties Corp. (TSX VENTURE:MPL) ("Maple Leaf") is pleased to report that it has completed the previously announced acquisition of royalty interests in nine oil and gas wells located in Alberta (the "Royalties") from Maple Leaf 2012 Energy Income Limited Partnership. Please refer to Maple Leaf's news release of January 22, 2015 for additional information regarding the transaction and the Royalties. The transaction remains subject to [Read more]

Media/Photo Advisory: Enbridge Gas Distribution Pancake Breakfast

OTTAWA, ONTARIO--(Marketwired - Jan. 30, 2015) - On Saturday, January 31, Enbridge Gas Distribution will be kicking off Winterlude by hosting its eleventh-annual free pancake breakfast. Winterlude participants are invited to attend for free pancakes and hot chocolate as they start their day of winter festivities. This is one of Winterlude's most well-attended events, generally attracting thousands of pancake lovers. Enbridge is proud to again support this classic Canadian winter [Read more]

Bonterra Energy Corp. Announces 2015 Operational Update and Dividend Adjustment

CALGARY, ALBERTA--(Marketwired - Jan. 29, 2015) - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) ("Bonterra" or "the Company") today announces changes that are necessary to ensure the Company maintains its financial strength and long-term objectives during this period of extreme market volatility. Based on current commodity pricing assumptions, the Company is taking the following steps: Capital expenditures for 2015 are currently budgeted to be approximately $58 million compared [Read more]

BlackPearl Announces 2014 Year-End Reserves and Contingent Resource Estimates and Provides Production Update

CALGARY, ALBERTA--(Marketwired - Jan. 29, 2015) - BlackPearl Resources Inc. ("BlackPearl" or the "Company") (TSX:PXX)(OMX:PXXS) is pleased to announce the results of its 2014 year-end oil and gas reserves evaluation, contingent resource evaluation and to provide fourth quarter and annual oil and gas production data. Highlights include: Proved reserves of 66 million barrels of oil equivalent; an increase of 4% year over year; Total proved plus probable reserves of 297 million barrels of [Read more]