BOE Report

Northern Spirit Resources Inc. Announces Private Placement of Flow-Through Common Shares and Normal Course Issuer Bid for Its Common Shares

CALGARY, ALBERTA--(Marketwired - Dec. 18, 2014) - Northern Spirit Resources Inc. ("Northern Spirit" or the "Corporation") (TSX VENTURE:NS) is pleased to announce that it has commenced a non-brokered private placement to raise gross proceeds of up to $1 million (the "Private Placement"). Pursuant to the Private Placement, the Corporation will issue up to 10,000,000 common shares of the Corporation to be issued on a "flow-through" basis pursuant to the Income Tax Act (Canada) ("Flow-Through [Read more]

Primeline Energy Holdings Inc.: LS36-1 Gas Field Commences Commercial Production

HONG KONG, CHINA--(Marketwired - Dec. 18, 2014) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Primeline Energy Holdings Inc. ("Primeline" or the "Company") (TSX VENTURE:PEH) today announces that commercial production has now commenced at its LS36-1 gas field, trial production having been successfully completed. The production period under the Petroleum Contract for Block 25/34 has accordingly commenced. The Joint Management [Read more]

Spyglass Resources Corp. Announces Approval of a Normal Course Issuer Bid by the Toronto Stock Exchange

CALGARY, ALBERTA--(Marketwired - Dec. 18, 2014) - Spyglass Resources Corp. ("Spyglass", or the "Company") (TSX:SGL)(OTCQX:SGLRF) announced today that the Toronto Stock Exchange (the "TSX") has approved the Company's notice of intention to make a normal course issuer bid (the "Bid"). Under the terms of the Bid, Spyglass may acquire up to 12,460,689 of its common shares ("Common Shares") from time to time in accordance with the normal course issuer bid procedures of the TSX, representing [Read more]

CaiTerra International Energy Corporation Announces Closing of First Tranche of Previously Announced Flow Through Financing

CALGARY, ALBERTA--(Marketwired - Dec. 17, 2014) - CaiTerra International Energy Corporation (the "Company") (TSX VENTURE:CTI) announces that is has closed the first tranche of its previously announced private placement financing of common and flow-through shares and has issued an aggregate of 2,000,000 common shares of the Company on a "flow-through" basis pursuant to the Income Tax Act (Canada) ("Flow-Through Shares") at a price of $0.25 per Flow-Through Share for aggregate proceeds of [Read more]

Enbridge Reports Crude Oil Release at Regina Terminal

CALGARY, ALBERTA--(Marketwired - Dec. 17, 2014) - Enbridge Inc., (TSX:ENB) (NYSE:ENB) safely shut down and isolated its Line 4 pipeline at the Regina Terminal in Saskatchewan at approximately 10:55 p.m. MST yesterday, after a release from the line within the on-site pumping station was reported and confirmed. There are no impacts to the public, wildlife or waterways. Nearby residents and businesses may detect a faint odour. Air monitoring is being conducted and levels are well within [Read more]

Eagle Energy Trust Announces $15.0 Million 2015 Capital Budget, 2015 Guidance and 2015 Distribution

CALGARY, ALBERTA--(Marketwired - Dec. 17, 2014) - Eagle Energy Trust (the "Trust" or "Eagle") (TSX:EGL.UN) is pleased to announce: A 2015 capital budget of $15.0 million ($US 11.8 million for its operations in the United States and $1.4 million for its operations in Canada), which is 54% below 2014 levels. 2015 production guidance of 2,950 to 3,150 barrels of oil equivalent per day ("boe/d") (including production from Eagle's recently announced [Read more]

StonePoint Energy Issues Reminder of Expiry of Rights

CALGARY, ALBERTA--(Marketwired - Dec. 17, 2014) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S. StonePoint Energy Inc. (TSX VENTURE:STO) ("StonePoint" or the "Company") is providing a reminder that the rights issued by the Company under its rights offering announced on November 4, 2014 expire at 4:00 p.m. (Calgary time) on December 24, 2014. Every five rights entitle the holder to purchase one common share of the Company at a price of $0.11 [Read more]

MEG Energy Revises 2015 Capital Plan While Maintaining Its 19% Production Growth Target

CALGARY, ALBERTA--(Marketwired - Dec. 17, 2014) - All dollar amounts in $Cdn unless otherwise noted. MEG Energy (TSX:MEG) today announced a reduction to its 2015 capital program to $305 million from the original $1.2 billion budget. Previously released 2015 guidance remains unchanged, targeting a production increase of approximately 19% to 78,000 to 82,000 barrels per day at non-energy operating costs of $8 to $10 per barrel. "The revision of our 2015 capital investment plan is in [Read more]

Husky Energy Tailors Capital Spending to Deliver on Balanced Growth Strategy

CALGARY, ALBERTA--(Marketwired - Dec. 17, 2014) - Husky Energy's (TSX:HSE) balanced growth strategy and diverse project portfolio continue to support its business objectives and provide significant flexibility in a weak commodity price environment. "We continue to steer a steady ship through stormy waters," said CEO Asim Ghosh. "Our strong financial position and resilient portfolio are helping weatherproof our business against current market conditions." Production growth in 2015 will be [Read more]

Touchstone Announces 2015 Guidance

CALGARY, ALBERTA--(Marketwired - Dec. 17, 2014) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP) is pleased to announce that its Board of Directors has approved a 2015 capital strategy which includes a first quarter capital budget of approximately $4 million. This strategy will see the Company execute its annual capital program within realized cash flows. The Board will review and approve the Company's capital budget on a quarterly basis with a focus on optimizing spending [Read more]