BOE Report

Leucrotta Acquires Additional Montney Lands and Provides Operational Update

CALGARY, ALBERTA--(Marketwired - Dec. 17, 2014) - Leucrotta Exploration Inc. ("Leucrotta") (TSX VENTURE:LXE) is pleased to announce that it has added 6,400 acres (10 sections) of Montney lands contiguous to its current landholdings in the greater Dawson area of Northeast British Columbia for $6.6 million. Including the new lands, Leucrotta now has over 170 net sections of Montney prospective lands in the area. During Q4 2014, Leucrotta drilled one Montney horizontal well (8-18) and is [Read more]

Changfeng Enters Into Natural Gas Purchase and Sale Agreement with PetroChina for Xiangdong Project

TORONTO, ONTARIO--(Marketwired - Dec. 17, 2014) - Changfeng Energy Inc. ("Changfeng" or the "Company") (TSX VENTURE:CFY), is pleased to announce that, further to its press release dated November 23, 2011, the Company has entered into a natural gas purchase and sale agreement (the "Agreement") with PetroChina Company Ltd. ("PetroChina") regarding the purchase and sale of piped natural gas in 2015 and thereafter for its Xiangdong Project to meet the natural gas quota (the "Quota Gas") approved by [Read more]

Eagle Energy Trust Announces $100 Million Acquisition in North Central Alberta

CALGARY, ALBERTA--(Marketwired - Dec. 16, 2014) - Eagle Energy Trust (TSX:EGL.UN) (the "Trust" or "Eagle") is pleased to announce that its newly established Canadian operating subsidiary, Eagle Energy Canada Inc., has signed a purchase and sale agreement with Spyglass Resources Corp. (the "Seller") to acquire a 50% non-operated working interest in producing petroleum properties under horizontal waterflood in the Dixonville Montney "C" oil pool located in north central Alberta (the "Dixonville [Read more]

Spyglass Resources Corp. Announces $100 Million Asset Sale, 2015 Budget, Suspension of the Dividend, Update on Corporate Strategy and Revision of Credit Facility

CALGARY, ALBERTA--(Marketwired - Dec. 16, 2014) - All values are in Canadian dollars unless otherwise indicated. Conversion of natural gas volumes to barrels of oil equivalent (boe) are at 6:1. Spyglass Resources Corp. ("Spyglass", or the "Company") (TSX:SGL)(OTCQX:SGLRF) announces $100 million sale of 50 percent working interest in its Dixonville Montney "C" oil property, 2015 capital budget, suspension of the dividend and intention to commence a normal course issuer bid (the "Issuer [Read more]

Bonavista Energy Corporation Confirms 7% Production Growth in 2015 with Revised Budget and Change to Dividend

CALGARY, ALBERTA--(Marketwired - Dec. 16, 2014) - Bonavista Energy Corporation (TSX:BNP) ("Bonavista") announces that its Board of Directors has approved a reduction in our 2015 capital budget and an adjustment of our monthly dividend to $0.035 per share from $0.07 per share, beginning with the payment due on February 16, 2015. 2015 Guidance To reflect the current outlook for commodity prices, Bonavista's 2015 capital budget has been revised to between $375 and $425 million, drilling [Read more]

Suncor Energy Foundation supports social innovation program focused on strengthening communities

CALGARY, ALBERTA--(Marketwired - Dec. 16, 2014) - The Suncor Energy Foundation (SEF), in partnership with The Peter Lougheed Leadership Institute at The Banff Centre, today announced a new residency program designed to support social entrepreneurs and system leaders. The social innovation residency will connect a diverse group of corporate, government, and community leaders as they look at ways to make communities better places to live. Beginning in the summer of 2015, participants will [Read more]

Repsol to Acquire Talisman Energy for US$8.00 Per Common Share In All-Cash Transaction

CALGARY, ALBERTA--(Marketwired - Dec. 15, 2014) - Highlights: All-cash price of US$8.00 (C$9.33) per Talisman common share delivers significant and immediate value to Talisman common shareholders. The purchase price for common shares represents a 75% premium to the 7-day volume weighted average share price and a 60% premium to the 30-day volume weighted average price. A cash price of C$25 plus accrued and unpaid dividends per Talisman preferred share if holders approve their [Read more]

Toro Announces $20 Million of Equity Financings

CALGARY, ALBERTA--(Marketwired - Dec. 16, 2014) - Toro Oil & Gas Ltd. (TSX VENTURE:TOO) ("Toro" or the "Company") is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Macquarie Capital Markets Canada Ltd. and including Dundee Securities Ltd., National Bank Financial Inc. and GMP Securities L.P. (collectively, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase for resale to the public, on a bought deal basis, [Read more]

Encana Focuses 2015 Capital Program on Four Strategic Growth Assets

CALGARY, AB--(Marketwired - December 16, 2014) - Encana (TSX: ECA) (NYSE: ECA) today announced a highly focused 2015 capital program of between $2.7 billion and $2.9 billion, with approximately 80 percent directed to four of its highest margin growth plays; the Montney, Duvernay, Eagle Ford and Permian. "Following the launch of our new strategy, we took aggressive action and transformed our portfolio, significantly reduced our cost base and built a culture that drives efficiencies throughout [Read more]

Encana Focuses 2015 Capital Program on Four Strategic Growth Assets

CALGARY, AB--(Marketwired - December 16, 2014) - Encana (TSX: ECA) (NYSE: ECA) today announced a highly focused 2015 capital program of between $2.7 billion and $2.9 billion, with approximately 80 percent directed to four of its highest margin growth plays; the Montney, Duvernay, Eagle Ford and Permian. "Following the launch of our new strategy, we took aggressive action and transformed our portfolio, significantly reduced our cost base and built a culture that drives efficiencies throughout our [Read more]