BOE Report

Shoreline Energy Corp. Announces Board of Director Change

CALGARY, ALBERTA--(Marketwired - Dec. 21, 2014) - Shoreline Energy Corp. (TSX:SEQ) ("Shoreline" or the "Corporation") announces the resignation of Mr. Peter Henry from the board of directors of the Corporation. On Friday December 19, Mr. Henry gave notice of his resignation, effective immediately so that he may pursue new employment opportunities. Mr. Henry has been with the Corporation since its inception and the remaining board members wish to use this opportunity to thank Mr. Henry for his [Read more]

Arcan Announces Proposed Transaction to Recapitalize Its Convertible Debentures

CALGARY, ALBERTA--(Marketwired - Dec. 19, 2014) - Arcan Resources Ltd. (TSX VENTURE:ARN) ("Arcan" or the "Company") announced today a proposed transaction to recapitalize its convertible debentures into equity (the "Exchange") with the following key elements: Exchange of Arcan's $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 [Read more]

Contact and Donnycreek Announce Closing of Arrangement

CALGARY, ALBERTA--(Marketwired - Dec. 19, 2014) - Contact Exploration Inc. ("Contact") (TSX VENTURE:CEX) and Donnycreek Energy Inc. ("Donnycreek") (TSX VENTURE:DCK) are pleased to announce the successful completion of the merger of the two companies pursuant to the previously announced plan of arrangement (the "Arrangement") to form Kicking Horse Energy Inc. ("Kicking Horse" or the "Company"). Shareholders and optionholders of Contact and Donnycreek along with the Court of Queen's Bench of [Read more]

Canadian Spirit Resources Inc. Announces Grant of Stock Options

CALGARY, ALBERTA--(Marketwired - Dec. 19, 2014) - Canadian Spirit Resources Inc. ("CSRI" or the "Corporation") (TSX VENTURE:SPI)(OTCBB:CSPUF) announces that the Corporation has granted options to acquire 1,328,000 common shares of the Corporation in accordance with the terms and conditions of the Corporation's Stock Option Plan. Three independent directors of the Corporation were each granted options to purchase 100,000 common shares as compensation for their services. Three executive [Read more]

Enbridge Gas Distribution Adjusts Rates

TORONTO, ONTARIO--(Marketwired - Dec. 19, 2014) - Enbridge Gas Distribution Inc. (Enbridge) has received approval from the Ontario Energy Board (OEB) for new rates, effective January 1, 2015. These rates are approved on an interim basis. Residential customers* will see an increase of about 6.5 per cent or about $63 a year ($5.25 per month). As a result, the total bill for a typical customer will be about $1,034 a year. In January, there will be a one-time refund of about $16 to reflect [Read more]

Chinook Energy Announces Closing of Gilby Asset Disposition

CALGARY, ALBERTA--(Marketwired - Dec. 19, 2014) - 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 Gilby area of Alberta for gross proceeds of $30.8 million, before customary closing adjustments, with an effective date of July 1, 2014. Chinook will exit 2014 undrawn on its $125 million credit facility. About Chinook Energy Inc. Chinook is a [Read more]

Toro Announces Closing of Strategic Acquisition of Alberta Viking Asset Arrangement of $25 Million Credit Facility

CALGARY, ALBERTA--(Marketwired - Dec. 19, 2014) - Toro Oil & Gas Ltd. (TSX VENTURE:TOO) ("Toro" or the "Company") is pleased to report the previously announced acquisition of high quality, low decline, Viking light crude oil producing assets located in east central Alberta (the "Assets") closed today. Total consideration of $25.0 million was satisfied through a cash payment of $22.5 million and the issuance of 1,191,895 common shares of the Company, exclusive of normal closing [Read more]

PrairieSky Royalty Announces Closing of Range Royalty Acquisition and Confirms Dividend Increase

CALGARY, ALBERTA--(Marketwired - Dec. 19, 2014) - PrairieSky Royalty Ltd. ("PrairieSky") (TSX:PSK) is pleased to announce that it has completed the previously announced acquisition of Range Royalty Limited Partnership ("Range"). With closing of the transaction, PrairieSky acquired approximately 3,000 boe/d (40% liquids) of high quality royalty production and 3.5 million acres of royalty lands. With closing of the Range acquisition, PrairieSky has increased its annual dividend from $1.27 per [Read more]

Artisan Energy Closes $5.4 Million Brokered Flow-Through Share Private Placement

CALGARY, ALBERTA--(Marketwired - Dec. 19, 2014) - Artisan Energy Corporation ("Artisan") (TSX VENTURE:AEC) is pleased to announce that it has closed its previously announced brokered private placement of common shares to be issued on a "flow-through" basis pursuant to the Income Tax Act (Canada) (the "Tax Act") in respect of Canadian exploration expenses (the "CEE Shares"), which was conducted on a best efforts agency basis by Integral Capital Markets, a division of Integral Wealth Securities [Read more]

Forent Energy Announces Significant Acreage in Heathdale, Alberta

CALGARY, ALBERTA--(Marketwired - Dec. 19, 2014) - Forent Energy Ltd. ("Forent" or the "Company") (TSX VENTURE:FEN) is pleased to provide an update on corporate activity and a new corporate presentation, which is available at www.forentenergy.com. HEATHDALE AREA Over the past year, Forent has quietly accumulated over 54 sections (1.5 townships) of petroleum and natural gas mineral rights in the emerging Heathdale area. The majority of the highly perspective acreage has all petroleum and [Read more]