BOE Report

Pengrowth Announces Payment of Remaining US $100 Million of 2017 Term Notes

CALGARY, ALBERTA--(Marketwired - June 2, 2017) - Pengrowth Energy Corporation (TSX:PGF) (NYSE:PGH) is pleased to report that it has completed its previously announced prepayment of the remaining outstanding US $100 million (equivalent Cdn $134 million) of 6.35% senior term notes scheduled to mature on July 26, 2017. The prepayment was completed on June 2nd and leaves the Company with no outstanding debt due until August 2018. Pengrowth continues with it focused efforts to further reduce its [Read more]

Seven Generations Energy’s CEO transition moves ahead

CALGARY, ALBERTA--(Marketwired - June 1, 2017) - The Board of Directors of Seven Generations Energy Ltd. (TSX:VII) has approved a CEO transition plan that will see founding Chief Executive Officer Pat Carlson retire on June 30, 2017. Marty Proctor, President & Chief Operating Officer, will become President & Chief Executive Officer on July 1, 2017, which reflects a succession plan that was envisioned when Marty joined 7G in 2014. 7G's Senior Executive Leadership Team will be led by [Read more]

Cardinal Announces Acquisition of Quality Low Decline Light Oil Assets, $170 Million Financing and Updated 2017 Guidance

CALGARY, ALBERTA--(Marketwired - June 1, 2017) - Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX:CJ) is pleased to announce that it has entered into an agreement (the "Acquisition") to purchase high quality, low decline light oil assets in Western Canada (the "Assets") for cash consideration of $330 million (the "Purchase Price") before closing adjustments. The Assets to be acquired are in the Weyburn/Midale area of southeast Saskatchewan and in the House Mountain area of Alberta. The [Read more]

Trilogy Energy Corp. Completes Sale of Certain Duvernay Assets in the Kaybob Area for $60 Million

CALGARY, ALBERTA--(Marketwired - May 31, 2017) - Trilogy Energy Corp. ("Trilogy") (TSX:TET) is pleased to announce that it has completed its previously announced sale of certain Duvernay assets in the Kaybob area of Alberta for cash consideration of $60 Million (before adjustments), with the proceeds to be used to reduce Trilogy's indebtedness under its revolving credit facility. About Trilogy Trilogy is a petroleum and natural gas-focused Canadian energy corporation that actively [Read more]

Updated Share Capital and Voting Rights for BlackPearl

CALGARY, ALBERTA--(Marketwired - May 31, 2017) - BlackPearl Resources Inc. ("BlackPearl" or the "Company") (TSX:PXX)(OMX:PXXS) reports the following, in accordance with the Swedish Financial Instruments Trading Act: As a result of the exercise of stock options, as at May 31, 2017, the number of issued and outstanding shares of the Company is 336,250,902 common shares with voting rights. The information in this release is subject to the disclosure requirements of BlackPearl [Read more]

Canadian Natural Resources Limited Completes the Acquisition of Working Interests in the Athabasca Oil Sands Project and Other Oil Sands Assets

CALGARY, ALBERTA--(Marketwired - May 31, 2017) - Canadian Natural Resources Limited (TSX:CNQ)(NYSE:CNQ) ("Canadian Natural" or the "Company") announces that the agreements to acquire in aggregate 70% of the Athabasca Oil Sands Project ("AOSP"), including 70% of the Scotford upgrader and the Quest Carbon Capture and Storage project, as well as additional working interests in other producing and non-producing oil sands leases, have been completed. Upon closing, the respective ownership interests [Read more]

Sunshine Oilsands Ltd.: Placing of Up to 67,511,000 New Shares Under General Mandate

HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - May 31, 2017) - The Board of Directors (the "Board") of Sunshine Oilsands Ltd. (the "Corporation" or "Sunshine") (HKSE:2012) is pleased to announce the following: PLACING OF NEW SHARES UNDER GENERAL MANDATE (a) The Placing On May 31, 2017 in Hong Kong (May 31, 2017 in Calgary), the Corporation entered into a placing agreement (the "Placing Agreement") with China Industrial Securities International Capital Limited (the [Read more]

Marquee Energy Ltd. Announces First Quarter 2017 Financial Results and 2017 Corporate Budget and Guidance

CALGARY, AB--(Marketwired - May 30, 2017) -  Marquee Energy Ltd. ("Marquee" or the "Company") (TSX VENTURE: MQX) announces its first quarter operational and financial results for the three months ended March 31, 2017. The Company's financial statements and Management's Discussion and Analysis ("MD&A") for the three months ended March 31, 2017 are available on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com and on Marquee's website at [Read more]

Marquee Energy Ltd. Announces Strategic Financing Transaction and Expanded 2017 Capital Program

CALGARY, AB--(Marketwired - May 30, 2017) - Marquee Energy Ltd. ("Marquee" or the "Company") (TSX VENTURE: MQX) is pleased to announce key steps that have been taken to increase growth, value and liquidity. The Company has entered into a term loan with Crown Capital Fund IV, LP ("Crown Capital"), an investment fund managed by Crown Capital Partners Inc. and has closed a new credit facility with a major Canadian bank (the "Credit Facility"). This will allow the Company to expand its capital [Read more]

Zargon Oil & Gas Ltd. Report on Voting From the 2017 Shareholders Meeting

CALGARY, Alberta, May 30, 2017 (GLOBE NEWSWIRE) -- Zargon Oil & Gas Ltd. (TSX:ZAR) (TSX:ZAR.DB.A) ("Zargon") announces that the following matters were voted upon at the annual and special meeting of the shareholders of Zargon held on May 30, 2017 in Calgary, Alberta. 1.  Election of Directors By resolution passed via ballot, the following six nominees were appointed as directors of Zargon to serve until the next annual meeting of shareholders of Zargon, or until their successors are elected [Read more]