BOE Report

Growth in the oil sands projects drives need for more pipelines to 2030: CAPP

CALGARY, ALBERTA--(Marketwired - June 13, 2017) - Canada will need more pipelines built through to 2030 to transport an additional 1.3 million barrels per day of oil sands production to markets across North America and around the world, the Canadian Association of Petroleum Producers (CAPP) announced today in its 2017 Crude Oil Forecast, Markets and Transportation report. Overall Canadian oil production will grow to 5.1 million b/d in 2030, up from 3.85 million b/d in 2016. This [Read more]

Crew Energy Announces Alliance Pipeline Force Majeure Causes Temporary Suspension of Montney Production

CALGARY, ALBERTA--(Marketwired - June 13, 2017) - Crew Energy Inc. (TSX:CR) ("Crew" or the "Company") has been informed by the Alliance Pipeline Limited Partnership ("Alliance") that it has detected slope movement in the vicinity of its pipeline system near the Wapiti River, approximately 25 km southwest of Grande Prairie. Alliance plans to expose the affected section of pipe in order to conduct the necessary inspections subject to regulatory requirements. To accommodate this work, Alliance will [Read more]

Touchstone Announces Additional Director Nominee for Upcoming Annual Shareholder Meeting

CALGARY, ALBERTA--(Marketwired - June 12, 2017) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP) is pleased to announce that it will be putting forward Mr. Peter Nicol as an additional nominee for election to its board of directors at its upcoming annual shareholder meeting ("AGM") to be held on Monday, June 19, 2017. Touchstone President and Chief Executive Officer, Paul Baay, said, "We are pleased that this excellent candidate has agreed to stand for election to our [Read more]

Seven Generations’ lenders increase credit facility from $1.1 billion to $1.4 billion

CALGARY, ALBERTA--(Marketwired - June 12, 2017) - Seven Generations Energy Ltd.'s (TSX:VII) lenders have agreed to increase the size of the company's senior secured credit facility by about 27 percent, from $1.1 billion to $1.4 billion. With this increase, 7G had available funding of about $1.9 billion as of March 31, 2017 on a pro-forma basis. 7G's credit facility has moved from a reserve-based structure, with lending capacity re-determined on a semi-annual basis, to a covenant-based [Read more]

Canadian Overseas Petroleum Ltd: Admission to Trading in London of Shares

CALGARY, AB--(Marketwired - Jun 12, 2017) - Canadian Overseas Petroleum Ltd (TSX VENTURE: XOP) (LSE: COPL) Canadian Overseas Petroleum Limited (the "Company") Admission to Trading in London of Shares Calgary, Canada, 12 June 2017 - Further to the announcement on 9 June, 2017, Canadian Overseas Petroleum Limited ("COPL" or the "Company") (TSX-V: XOP) (LSE: COPL), announces the admission (the "New Shares Admission") to the standard listing segment of the Official [Read more]

Sunshine Oilsands Ltd.: Voluntary Announcement – Increase in Shareholding in the Company by Non-Executive Vice Chairman

HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - June 11, 2017) - The Board of Directors of Sunshine Oilsands Ltd. ("the Corporation" or "Sunshine") (HKSE:2012) hereby announces the following: INCREASE IN SHAREHOLDING IN THE COMPANY BY NON-EXECUTIVE VICE CHAIRMAN The Corporation was informed by Mr. Michael John Hibberd ("Mr. Hibberd"), the non-executive director and vice chairman of the board of directors (the "Board") of the corporation, that on June 9, 2017, Mr. Hibberd [Read more]

Jericho Oil Publishes Annual Letter to Shareholders

TULSA, OK and VANCOUVER, BC--(Marketwired - June 09, 2017) - Jericho Oil Corporation ("Jericho") (TSX VENTURE: JCO) (OTC PINK: JROOF) announces that it has published its Annual Letter to Shareholders on the Company's website at https://jerichooil.com/wp-content/uploads/bsk-pdf-manager/2016AnnualLettertoShareholders_FINAL_20.pdf Jericho also reports that at its Annual General Meeting of Shareholders held on May 24, 2017, shareholders in person or by proxy representing 65.44% of the outstanding [Read more]

Westcore Energy Ltd. Acquires Additional Land at Flaxcombe

SASKATOON, SASKATCHEWAN--(Marketwired - June 9, 2017) - Westcore Energy Ltd. ("Westcore" or the "Company") (TSX VENTURE:WTR) announces that it has acquired three sections of land through the Saskatchewan Crown land sale that took place on June 6, 2017. The sections acquired adjoin the existing land package at Flaxcombe. Additionally, Westcore has acquired a 4th section of land at Flaxcombe from a Freehold land owner, which also adjoins the existing land package. These acquisitions [Read more]

Repsol Oil & Gas Canada Inc. Announces Consent Solicitations and Debt Tender Offers and guarantee of Notes by Repsol SA

CALGARY, ALBERTA--(Marketwired - June 9, 2017) - Repsol Oil & Gas Canada Inc. (formerly known as Talisman Energy Inc.), a Canadian-based upstream oil and gas company (the "Company"), announced today that it commenced solicitations of consents (the "Consent Solicitations") from holders of its outstanding 7.75% Senior Notes due 2019 (CUSIP No. 87425E AL7 and ISIN No. US87425EAL74) (the "2019 Notes"), 3.75% Senior Notes due 2021 (CUSIP No. [Read more]

Inter Pipeline Announces June 2017 Cash Dividend

CALGARY, Alberta, June 09, 2017 (GLOBE NEWSWIRE) -- Inter Pipeline Ltd. (“Inter Pipeline”) (TSX:IPL) announced today the declaration of a cash dividend of $0.135 per share for June 2017. This dividend will be paid on or about July 14, 2017 to shareholders of record on June 22, 2017. This dividend is designated as an “eligible dividend” for Canadian tax purposes.Since inception, Inter Pipeline has distributed approximately $4.1 billion in cash payments to investors. Inter Pipeline’s objective [Read more]