BOE Report

Canadian Natural Resources Limited Announces the Use of Capital Flexibility in Its 2015 Budget

CALGARY, ALBERTA--(Marketwired - Jan. 12, 2015) - Canadian Natural Resources Limited ("Canadian Natural" or the "Company") (TSX:CNQ)(NYSE:CNQ) announces that it will exercise previously discussed capital flexibility in its 2015 budget, as a result of changes in commodity prices since its original 2015 budget was released in November 2014. The original 2015 budget targeted $8.6 billion in capital expenditures resulting in a targeted 11% production growth from the midpoint of 2014 production [Read more]

Husky Energy Updates Lima Refinery Incident

CALGARY, AB--(Marketwired - January 12, 2015) - Following a recent incident at the Lima, Ohio refinery, Husky Energy (TSX: HSE) advises the following: The refinery experienced a fire at the isocracker unit. The site is secure and impacts were limited to the unit area. All personnel are accounted for and there were no injuries. As a precaution, other facilities and units at the refinery were shut down and production is expected to be suspended for about one week. Plans are [Read more]

Painted Pony Presenting at TD Securities 2015 London Energy Conference

CALGARY, ALBERTA--(Marketwired - Jan. 9, 2015) - - Painted Pony Petroleum Ltd. (TSX:PPY) ("Painted Pony" or the "Corporation") is pleased to announce that it will be presenting at the TD Securities 2015 London Energy Conference taking place January 12 and 13, 2015 at Grosvenor House in London, UK. Mr. Patrick Ward, President & CEO, will present on the British Columbia Montney Panel, scheduled for January 13 at 11:50 am (BST). The Corporation will also be undertaking a series [Read more]

TransCanada to Address Results of Nebraska Supreme Court Decision on Keystone XL Route in Nebraska

CALGARY, ALBERTA--(Marketwired - Jan. 9, 2015) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) will hold a teleconference today to discuss the results of the Nebraska Supreme Court decision with respect to the Keystone XL route through Nebraska. Russ Girling, TransCanada's president and chief executive officer will be available to provide his remarks at 10 a.m. (MT) / 12 p.m. (ET). Members of the media are invited to participate by calling 866.696.5910 or [Read more]

Hyperion Completes Plan of Arrangement

CALGARY, ALBERTA--(Marketwired - Jan. 9, 2015) - Hyperion Exploration Corp. ("Hyperion") (TSX VENTURE:HYX) is pleased to announce that it has completed the previously announced plan of arrangement with Tri-Win International Investment Group Inc. (the "Purchaser"), whereby the Purchaser acquired, through a wholly-owned subsidiary 1864492 Alberta Ltd., all of the issued and outstanding common shares of the Company (the "Common Shares") at a cash price of $0.14 per Common Share for aggregate [Read more]

Oil & Gas Industry Bats .500 in Defeating Four Anti-Hydraulic Fracturing Measures, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Jan 9, 2015) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- The voters have spoken and the lawyers are preparing for their day in court. The Oil & Gas Industry, meanwhile, is assessing its performance on Election Day. On November 4, four communities across the U.S. voted to ban or significantly restrict the use of hydraulic fracturing, while four other communities defeated efforts to ban or limit the practice. Within this [Read more]

Arsenal Announces Q4 2014 Estimated Production and 2015 Guidance

CALGARY, ALBERTA--(Marketwired - Jan. 8, 2015) - Arsenal Energy Inc. ("Arsenal" or the "Company") (TSX:AEI)(OTCQX:AEYIF) is pleased to announce that production for the fourth quarter of 2014 averaged an estimated 4,700 boe/d, (approximately 76% oil and liquids) resulting in 2014 average production of approximately 4,500 boe/d. Production is currently estimated at approximately 4,800 boe/d. During the fourth quarter of 2014 at Princess, Alberta, Arsenal drilled six oil targets. Four of the oil [Read more]

Toro Announces Closing of $15 Million Bought Deal Public Equity Financing

CALGARY, ALBERTA--(Marketwired - Jan. 8, 2015) - Toro Oil & Gas Ltd. (TSX VENTURE:TOO) ("Toro" or the "Company") is pleased to report the closing of the previously announced bought deal equity financing cleared via a short-form prospectus ("Public Offering"). Pursuant to the Public Offering, an aggregate of 15,000,000 common shares at a price of $1.00 per share were issued raising $15 million in gross proceeds. The Public Offering was led by Macquarie Capital Markets Canada Ltd., together [Read more]

Inter Pipeline Announces January 2015 Cash Dividend

CALGARY, ALBERTA--(Marketwired - Jan. 8, 2015) - Inter Pipeline Ltd. ("Inter Pipeline") (TSX:IPL) announced today the declaration of a cash dividend of $0.1225 per share for January 2015. This dividend will be paid on or about February 17th, 2015 to shareholders of record on January 22nd, 2015. This dividend is designated as an "eligible dividend" for Canadian tax purposes. Since inception, Inter Pipeline has distributed approximately $2.8 billion in cash payments to investors. Inter [Read more]

Chinook Energy Announces Closing of Karr Asset Disposition

CALGARY, ALBERTA--(Marketwired - Jan. 6, 2015) - Chinook Energy Inc. (TSX:CKE) ("Chinook") is pleased to announce that, further to its news release dated December 2, 2014, it has completed the disposition of certain assets located in the Karr area of Alberta for gross proceeds of $40.9 million, before customary closing adjustments, with an effective date of October 1, 2014. About Chinook Energy Inc. Chinook is a Calgary-based public oil and gas exploration and development [Read more]