BOE Report

Groundstar Resources Limited Announces Non-Brokered Private Placement Financing of Up to $1.5 Million

CALGARY, ALBERTA--(Marketwired - Dec. 11, 2014) - Groundstar Resources Limited (TSX VENTURE:GSA) (the "Company") is pleased to announce that it intends to complete an offering of up to 15,000,000 common shares in the capital of the Company to be issued on a "flow-through" basis within the meaning of the Income Tax Act (Canada) (the "Flow-Through Shares") at a price of $0.10 per Flow-Through Share by way of a non-brokered private placement for total gross proceeds of up to $1.5 million (the [Read more]

Trilogy Energy Corp. Implements a Normal Course Issuer Bid

CALGARY, ALBERTA--(Marketwired - Dec. 12, 2014) - Trilogy Energy Corp. ("Trilogy") (TSX:TET) announces today that, further to its December 8th, 2014 news release, it has made the necessary filings, and received the necessary approvals, to make a normal course issuer bid through the facilities of the Toronto Stock Exchange ("TSX"). Trilogy may purchase up to 6,490,470 of its common shares ("Common Shares"), representing approximately 10% of the 64,904,707 public float outstanding as at December [Read more]

Toro Announces Expiry of Rights Offering and Final Share Consolidation Ratio

CALGARY, ALBERTA--(Marketwired - Dec. 12, 2014) - Toro Oil & Gas Ltd. (the "Company" or "Toro") announces that its previously disclosed rights offering expired on Monday, December 8, 2014. Shareholders were entitled to one right per common share with six rights exchangeable into one Toro common share at an exercise price of $0.03375 per share. Subscribers to Toro's $25 million recapitalization financing were prohibited from participating in the rights offering. 81.68% of total possible [Read more]

Husky Energy Begins Steam Operations at Sunrise Energy Project

CALGARY, ALBERTA--(Marketwired - Dec. 11, 2014) - Husky Energy (TSX:HSE) has commenced steam operations at the in situ Sunrise Energy Project in northeast Alberta. "The production of steam is the last major milestone before first oil," said CEO Asim Ghosh. "As a longer-life project, Sunrise will deliver steady production and cash flow to support our expansive portfolio of projects." The Phase 1 60,000 barrels per day (bbls/day, gross) project is being developed with two processing plants. [Read more]

Yoho Resources Inc. Announces Year End Financial Results, Corporate Reserves and Duvernay Contingent Resource Assessments as at September 30, 2014

CALGARY, ALBERTA--(Marketwired - Dec. 11, 2014) - Yoho Resources Inc. ("Yoho" or the "Company") (TSX VENTURE:YO) has filed today on SEDAR the financial statements for the year ended September 30, 2014 and the related managements' discussion and analysis ("MD&A"). Yoho today also filed its Annual Information Form for the year ended September 30, 2014 which includes the Company's reserves data and other oil and gas information for the year ended September 30, 2014 as mandated by National [Read more]

RMP Energy Announces 2015 Capital Budget and Market Guidance

CALGARY, ALBERTA--(Marketwired - Dec. 11, 2014) - RMP Energy Inc. ("RMP" or the "Company") (TSX:RMP) is pleased to announce its 2015 Capital Budget and provide fiscal 2015 financial and operating market guidance. 2015 Capital Budget The Company's Board of Directors has approved a "cash flow-based" exploration and development expenditures program of $150 million for 2015 (the "2015 Capital Budget"). The 2015 Capital Budget is to be funded by internally-generated funds from operations, which [Read more]

Pengrowth Energy Corporation Confirms CDN $0.04 Cash Dividend Payable January 15, 2015 and Provides Details for Its 2015 Investor Day

CALGARY, ALBERTA--(Marketwired - Dec. 11, 2014) - Pengrowth Energy Corporation (TSX:PGF) (NYSE:PGH) today announced that its January 15, 2015 cash dividend will be Cdn $0.04 per common share. The ex-dividend date is December 18, 2014. The dividend will be payable to all shareholders who hold Pengrowth shares at the close of business on the record date of December 22, 2014. The dividend of Cdn $0.04 per common share is equivalent to approximately U.S. $0.035 per common share using a [Read more]

Sintana Energy Reports on Execution of Drilling Rig Contract

TORONTO, ONTARIO--(Marketwired - Dec. 11, 2014) - Sintana Energy Inc. (TSX VENTURE:SNN) ("Sintana" or the "Company") is pleased to report that a contract for the services of a drilling rig was recently executed by ExxonMobil Exploration Colombia Limited ("ExxonMobil"). The rig will be used to drill the initial vertical exploration well, the Manati Blanco-1, on Block VMM-37 in Colombia's Middle Magdalena Basin. Drilling Operations: This well will be located near the western edge [Read more]

Tuscany Announces Closing of $1.0 Million Flow-Through Financing

CALGARY, ALBERTA--(Marketwired - Dec. 11, 2014) - Tuscany Energy Ltd. ("Tuscany" or the "Company") (TSX VENTURE:TUS) announces that it has issued 2.28 million common shares of the Company on a "flow-through" basis pursuant to the Income Tax Act (Canada) (the "Flow-Through Shares") at a price of $0.44 per Flow-Through Share for total consideration of $1,003,200 (the "Offering"). Tuscany will renounce to subscribers of the common shares effective on or before December 31, 2014, eligible Canadian [Read more]

Donnycreek Increases Credit Facility

CALGARY, ALBERTA--(Marketwired - Dec. 10, 2014) - Donnycreek Energy Inc. ("Donnycreek" or the "Company") (TSX VENTURE:DCK) reports that it has increased its existing extendible, revolving term, demand credit facility with its lender from $15 million to $25 million, of which approximately $6 million is currently drawn. Donnycreek is a Calgary based public oil and gas company which holds approximately 439 gross (313 net) sections of petroleum and natural gas rights, with an average working [Read more]