BOE Report

Elkwater Resources Ltd. Announces Closing of Strategic Acquisitions

CALGARY, ALBERTA--(Marketwired - Nov. 20, 2014) - Elkwater Resources Ltd. ("Elkwater" or the "Company") (TSX VENTURE:ELW) is pleased to announce that the Company has completed the following previously announced strategic transactions: the acquisition of all of the issued and outstanding common shares (the "Exoro Shares") of Exoro Energy Inc. ("Exoro"), an arm's length private oil and gas company with assets concentrated in West Central Alberta, including Pembina, Chigwell and [Read more]

Suncor Energy announces pricing of US$750 million notes offering

CALGARY, ALBERTA--(Marketwired - Nov. 20, 2014) - Suncor Energy announced today that it has priced an offering of US$750 million in aggregate principal amount of senior unsecured notes due on December 1, 2024 (the "2024 Notes"). The 2024 Notes will have a coupon of 3.60%. The offering is expected to close on November 25, 2014, subject to customary closing conditions. Suncor Energy intends to use the net proceeds from the sale of the 2024 Notes to replenish cash balances following the recent [Read more]

Sonde Resources Corp. Receives Delisting Notice from NYSE MKT and the Alberta Securities Commission Issues a Cease Trade Order

CALGARY, ALBERTA--(Marketwired - Nov. 20, 2014) - Sonde Resources Corp. ("Sonde" or the "Company") (TSX VENTURE:SOQ)(NYSE MKT:SOQ) announced today that on November 19, 2014 the Company received notice that the staff of NYSE Regulation, Inc. has determined to commence proceedings to delist the Company's common shares from NYSE MKT LLC (the "Exchange"). Trading of the Company's common shares on the Exchange was previously halted by the staff on November 17, 2014. The Exchange previously [Read more]

Southern Pacific Resource Corp. Announces Meeting Results

CALGARY, ALBERTA--(Marketwired - Nov. 20, 2014) - Southern Pacific Resource Corp. ("Southern Pacific" or the "Company") (TSX:STP) is pleased to announce that at the annual general and special meeting held in Calgary, Alberta on November 19, 2014 (the "Meeting") holders of common shares of Southern Pacific: (i) re-elected Byron C. Lutes, David M. Antony, Sid W. Dykstra, Kenneth N. Cullen, Ross D.S. Douglas and Tibor Fekete to the Board of Directors; and (ii) re-appointed Deloitte LLP, as Southern [Read more]

Hyperion Exploration Corp. to Be Acquired by Tri-Win International Investment Group Inc.

CALGARY, ALBERTA--(Marketwired - Nov. 20, 2014) - Hyperion Exploration Corp. ("Hyperion" or the "Company") (TSX VENTURE:HYX) is pleased to announce that it has entered into an agreement (the "Arrangement Agreement") with Tri-Win International Investment Group Inc. ("Tri-Win") pursuant to which Tri-Win has agreed to purchase all of the issued and outstanding common shares of the Company (the "Common Shares") at a cash price of $0.14 per Common Share for aggregate consideration of approximately [Read more]

Blackbird Energy Inc. Announces Filing of Annual Financial Statements and Reserves Information for 2014 and Appointment of Garth Braun as Chairman

CALGARY, ALBERTA--(Marketwired - Nov. 20, 2014) - Blackbird Energy Inc. ("Blackbird" or the "Company") (TSX VENTURE:BBI) is pleased to announce that it has filed its audited financial statements and related management's discussion and analysis for the year ended July 31, 2014 on SEDAR at www.sedar.com. In addition, the Company has filed its statements of reserves data and other oil and gas information for the year ended July 31, 2014 as mandated by National Instrument 51-101 - Standards of [Read more]

The Fraser Institute: Alberta Most Attractive Canadian Jurisdiction for Global Oil and Gas Investment

CALGARY, ALBERTA--(Marketwired - Nov. 20, 2014) - On the strength of its petroleum reserves, Alberta remains the most attractive province for oil and gas investment in Canada, finds the Fraser Institute's annual Global Petroleum Survey. Based on responses from petroleum executives and managers, this year's survey ranks 156 jurisdictions worldwide on their relative attractiveness for investment. Barriers to investment include high taxes, costly regulatory obligations and uncertainty over [Read more]

Shoreline Energy Corp. Announces the Closing of Sale of Its Wattenburg Working Interests for Net Proceeds of US$4.1Million

CALGARY, ALBERTA--(Marketwired - Nov. 19, 2014) - Shoreline Energy Corp. (TSX:SEQ) ("Shoreline" or the "Corporation") is pleased to announce that it has closed the sale of its Wattenburg working interest assets for net proceeds of US$4.1 million (approximately $4.65 million Canadian Dollars based on current exchange rates) plus an interim hold back for working capital adjustments of $0.7 million USD. Shoreline is pleased to report that it has now fully repaid all of its secured credit [Read more]

Tuscany Announces Initial Closing of Private Placement

CALGARY, ALBERTA--(Marketwired - Nov. 19, 2014) - Tuscany Energy Ltd. ("Tuscany" or the "Corporation") (TSX VENTURE:TUS) is pleased to announce that it has closed the initial tranche of its previously announced non-brokered private placement (the "Private Placement") of common shares of the Corporation issued on a flow-through basis in respect of Canadian development expenses (the "CDE FT Shares"). In this initial tranche, the Corporation has issued an aggregate of 1,318,000 CDE FT Shares at a [Read more]

Enbridge Income Fund Closes $1.08 Billion Debt Offering; Repays Enbridge Inc. Bridge Loan to Complete Acquisition Financing

CALGARY, ALBERTA--(Marketwired - Nov. 19, 2014) - Enbridge Income Fund (the Fund) announced that it has closed a $1.08 billion multi-tranche debt offering of senior unsecured medium-term notes (MTNs) in the Canadian debt capital markets. A portion of the proceeds of the offering were used by the Fund to fully repay the $878 million bridge loan from Enbridge Inc., provided on November 7, 2014 in connection with the closing of the previously announced acquisition. The remainder of the proceeds [Read more]