BOE Report

Inter Pipeline Announces December 2014 Cash Dividend

CALGARY, ALBERTA--(Marketwired - Dec. 9, 2014) - Inter Pipeline Ltd. ("Inter Pipeline") (TSX:IPL) announced today the declaration of a cash dividend of $0.1225 per share for December 2014. This dividend will be paid on or about January 15th, 2015 to shareholders of record on December 22nd, 2014. This dividend is designated as an "eligible dividend" for Canadian tax purposes. Since inception, Inter Pipeline has distributed over $2.7 billion in cash payments to investors. Inter Pipeline's [Read more]

Coral Hill Energy to Be Acquired by Aspenleaf Energy

CALGARY, ALBERTA--(Marketwired - Dec. 8, 2014) - Coral Hill Energy Ltd. ("Coral Hill") is pleased to announce that it has entered into an arrangement agreement (the "Arrangement Agreement") with Aspenleaf Energy Limited ("Aspenleaf") pursuant to which Aspenleaf will acquire all of the issued and outstanding common shares ("Common Shares") of Coral Hill by way of a plan of arrangement (the "Arrangement") on the basis of, at the election of each shareholder: (i) $2.80 cash per share; and/or (ii) [Read more]

Baytex Announces 2015 Budget and Change to Dividends

CALGARY, ALBERTA--(Marketwired - Dec. 8, 2014) - Baytex Energy Corp. ("Baytex") (TSX:BTE)(NYSE:BTE) announces that its Board of Directors has approved a 2015 capital budget of $575 to $650 million, which is designed to generate average production of 88,000 to 92,000 boe/d for 2015 after planned non-core asset sales of approximately 1,000 boe/d. The Board of Directors has also approved a revised dividend level of $0.10 per share per month, down from $0.24 per share per month, [Read more]

Husky Closes Preferred Shares Issuance

CALGARY, ALBERTA--(Marketwired - Dec. 9, 2014) - Husky Energy (TSX:HSE) has completed its recently announced public offering of 10 million Cumulative Rate Reset Preferred Shares, Series 3 (the "Series 3 Shares"). The aggregate gross proceeds to Husky from the completed upsized offering is $250 million. The net proceeds from this offering will be used to further support the Company's strong balance sheet and business plan as well as for general corporate purposes, which may include, among [Read more]

Canadian Spirit Resources Inc. Retains Frontier Merchant Capital Group for Investor Relations

CALGARY, ALBERTA--(Marketwired - Dec. 8, 2014) - Canadian Spirit Resources Inc. ("CSRI" or the "Corporation") (TSX VENTURE:SPI)(OTCBB:CSPUF) is pleased to announce that it has engaged the services of FronTier Merchant Capital Group ("FronTier") for Investor Relations services, subject to regulatory approval. FronTier is an experienced and reputable Investor Relations group based in Toronto, Canada. FronTier will assist CSRI by increasing market awareness for the Corporation utilizing a number of [Read more]

Painted Pony Announces 2015 Capital Expenditure Program and Increased Credit Facilities

CALGARY, ALBERTA--(Marketwired - Dec. 8, 2014) - Painted Pony Petroleum Ltd. (TSX:PPY) ("Painted Pony" or the "Corporation") is pleased to announce its 2015 capital budget and increased credit facilities. Highlights include: 2015 capital expenditure budget of $295 million. Anticipated 2015 average production of 21,500 boe/d, a 59% increase over anticipated 2014 average production of 13,500 boe/d. Planned drilling in 2015 of 39 (37.0 net) Montney horizontal natural gas wells. Increase [Read more]

Artisan Energy Announces Brokered Private Placement

CALGARY, ALBERTA--(Marketwired - Dec. 9, 2014) - Artisan Energy Corporation ("Artisan" or the "Corporation") (TSX VENTURE:AEC) is pleased to announce that it has entered into an engagement letter with Integral Capital Markets, a division of Integral Wealth Securities Limited ("Integral"), pursuant to which Integral will offer for sale, on a best efforts private placement basis, up to 15,000,000 common shares of Artisan to be issued on a "flow-through" basis pursuant to the Income Tax Act [Read more]

Hemisphere Energy Receives 40% Increase to Credit Facility

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 9, 2014) - Hemisphere Energy Corporation ("Hemisphere" or the "Company") (TSX VENTURE:HME) is pleased to announce that its credit facility has been increased to $15.0 million from $10.5 million, effective November 28, 2014. This substantial increase comes as a result of significant drilling success and production growth from the Company's 2014 capital program. Hemisphere's next annual review with Alberta Treasury Branches is scheduled in May [Read more]

Blackbird Energy Inc. Provides Elmworth Operations Update and Announces Closing of Final Tranche of Flow-Through Private Placement

CALGARY, ALBERTA--(Marketwired - Dec. 9, 2014) - Blackbird Energy Inc. (TSX VENTURE:BBI) ("Blackbird" or the "Company") is pleased to announce that its first 100% working interest horizontal Middle Montney well at Elmworth, located at 6-26-70-07W6 ("6-26"), has been successfully drilled and cased with a cemented liner from surface location 14-14-70-07W6 to a total measured depth of 4,730 metres, including a 2,000 metre horizontal leg. Blackbird is also pleased to report that it has licensed [Read more]

Talisman Responds To Media Reports

CALGARY, ALBERTA--(Marketwired - Dec. 8, 2014) - Talisman Energy Inc. (TSX:TLM) (NYSE:TLM) is issuing this press release at the request of Market Surveillance at IIROC on behalf of the Toronto Stock Exchange. Talisman acknowledges that it has been approached by a number of parties, including Repsol, with regards to various transactions. There is no assurance that any transaction will be agreed. Until such time as it is appropriate to make a public announcement on any potential transaction, [Read more]