BOE Report

Petrus Resources Ltd. Announces Closing of $155 Million Private Placement

CALGARY, ALBERTA--(Marketwired - Sept. 23, 2014) - Petrus Resources Ltd. ("Petrus" or the "Company") is pleased to announce that it has closed its previously announced private placement. The Company issued approximately 38,510,000 common shares ("Common Shares") at an issue price of $4.00 per Common Share and 200,000 Common Shares issued on a "flow-through" basis pursuant to the Income Tax Act (Canada) ("Flow-Through Shares") at an issue price of $4.80 per Flow-Through Share, for aggregate gross [Read more]

High North Resources Ltd. to Appoint New Director and Corporate Update

CALGARY, ALBERTA--(Marketwired - Sept. 23, 2014) - High North Resources Ltd. (TSX VENTURE:HN) (the "Company" or "High North") is pleased to announce the following recent developments: New Director The Company has entered into an agreement with Redhill Resources Corp. (the "Shareholder") to appoint a new director to the board of directors (the "Board") following the Company's upcoming annual and special meeting of shareholders on September 25, 2014 (the "Meeting"). The Shareholder owns or [Read more]

Pine Cliff Energy Ltd. Completes $60,065,000 Common Share Offering

CALGARY, ALBERTA--(Marketwired - Sept. 23, 2014) - Pine Cliff Energy Ltd. ("Pine Cliff") (TSX VENTURE:PNE) is pleased to announce that it has closed its previously announced short form prospectus offering of 29,300,000 common shares (the "Common Shares") at a price of $2.05 per Common Share for gross proceeds of $60,065,000 (the "Offering"). The Offering was made pursuant to an underwriting agreement with a syndicate of underwriters co-led by FirstEnergy Capital Corp., GMP Securities L.P. and [Read more]

Crescent Point Announces Closing of Bought Deal Financing

CALGARY, ALBERTA--(Marketwired - Sept. 23, 2014) - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) has closed its recently announced bought deal financing for an offering of 17,290,000 Crescent Point common shares at $43.40 per share to raise gross proceeds of approximately $750 million. The underwriters have also exercised in part their over-allotment option to purchase an additional 1,145,000 Crescent Point common shares at the offering price. As a result, [Read more]

Cardinal Energy Ltd. Announces Closing of Equity Financing

CALGARY, ALBERTA--(Marketwired - Sept. 23, 2014) - Cardinal Energy Ltd. ("Cardinal") (TSX:CJ) is pleased to announce that it has closed its previously announced public offering of 10,000,000 common shares through a syndicate of underwriters co-led by CIBC and RBC Dominion Securities Inc. and including Macquarie Capital Markets Canada Ltd., FirstEnergy Capital Corp., GMP Securities L.P., National Bank Financial Inc., Scotia Capital Inc., BMO Nesbitt Burns Inc. and Dundee Securities Ltd. at a [Read more]

Strategic Oil & Gas Ltd. Announces Private Placement Financing of Up to $50 Million

CALGARY, ALBERTA--(Marketwired - Sept. 23, 2014) - Strategic Oil & Gas Ltd. (TSX VENTURE:SOG) ("Strategic" or the "Company") has undertaken a non-brokered private placement (the "Private Placement") of up to 125 million common shares at a price of $0.40 per common share for gross proceeds of up to $50.0 million, subject to regulatory approvals. A significant portion of the Private Placement will be acquired by insiders, including Bay Partners Resource Funds, Tom Claugus, other directors and [Read more]

Enbridge Income Fund Enters Into $1.76 Billion Transaction With Enbridge Inc. for Natural Gas and Diluent Pipeline Interests

CALGARY, ALBERTA--(Marketwired - Sept. 22, 2014) - Enbridge Income Fund Holdings Inc. (the "Company") (TSX:ENF) and Enbridge Income Fund (the "Fund") announced today that indirect wholly-owned subsidiaries of the Fund have entered into agreements with indirect wholly-owned subsidiaries of Enbridge Inc. (TSX:ENB) (NYSE:ENB) ("Enbridge") to acquire a 50 percent interest in the U.S. segment of the Alliance Pipeline and subscribe for and purchase Class A Units which will provide a defined cash flow [Read more]

Spyglass Resources Corp. Announces Change to the Board of Directors

CALGARY, ALBERTA--(Marketwired - Sept. 22, 2014) - Spyglass Resources Corp. ("Spyglass", or the "Company") (TSX:SGL)(OTCQX:SGLRF) announces the appointment of Mr. Michael Rapps to the Board of Directors (the "Board") to replace Mr. George Armoyan, who has chosen to step down from the Board effective September 22, 2014. "We wish to thank Mr. Armoyan for his significant contribution to the Company and are pleased to welcome Mr. Rapps to the Board", said Tom Buchanan, Chairman of the Board. "Mr. [Read more]

Blackbird Energy Inc. Announces $35.5 Million of Financings and the Appointment of a New Independent Director

CALGARY, ALBERTA--(Marketwired - Sept. 22, 2014) - Blackbird Energy Inc. (TSX VENTURE:BBI) ("Blackbird" or the "Company") is pleased to announce it has entered into an agreement with a syndicate of underwriters led by National Bank Financial Inc. and including Raymond James Ltd., Haywood Securities Inc., TD Securities Inc., Cormark Securities Inc. and Jennings Capital Inc. (collectively the "Underwriters") pursuant to which the Underwriters have agreed to purchase on a "bought deal" private [Read more]

Hemisphere Energy Achieves Record Production and Commences Five Well Drill Program

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 22, 2014) - Hemisphere Energy Corporation (TSX VENTURE:HME) is pleased to announce initial production results from the final three wells of its summer drilling program, record corporate production rates, and the commencement of a fall drilling program in Atlee Buffalo, Alberta. Production Update As a result of the successful summer drilling program, Hemisphere has achieved record corporate production averaging 900 boepd (92% oil), based on [Read more]