BOE Report

Arcan Files Information Circular Detailing Plan of Arrangement & Formation of New Swan Hills Light Oil Company

CALGARY, ALBERTA--(Marketwired - July 24, 2014) - Arcan Resources Ltd. ("Arcan" or the "Corporation") (TSX VENTURE:ARN) is today mailing the information circular ("Information Circular") and accompanying meeting materials detailing the previously announced plan of arrangement (the "Arrangement") involving the recapitalization and acquisition of Arcan by privately owned Aspenleaf Energy Limited ("Aspenleaf"). These documents are also filed under Arcan's profile on SEDAR www.sedar.com and posted [Read more]

Edge Resources Inc. Doubles Credit Facilities and Lowers Financing Cost

CALGARY, ALBERTA--(Marketwired - July 24, 2014) - Edge Resources Inc. (TSX VENTURE:EDE)(AIM:EDG) ("Edge" or the "Company") is very pleased to announce that it has entered into a new revolving demand loan facility of up to $17 million (the "Facility") with ATB Corporate Financial Services ("ATB"). This Facility more than doubles the Company's existing credit facilities, and replaces its previous $8 million facility with National Bank of Canada, which was originally entered into on February 28, [Read more]

Husky Produces Steady Results With Production Growth On Target

CALGARY, ALBERTA--(Marketwired - July 24, 2014) - Husky Energy (TSX:HSE) advanced a strong balance of near, mid and long-term projects in the second quarter while generating higher quality returns to sustain growth. "Our continued investment in longer-wavelength projects such as heavy oil thermals, resource plays and oil sands provide steady production and more predictable cash flow to support our growth projects in the Asia Pacific and the Atlantic Regions," said CEO Asim Ghosh. "Our new [Read more]

Rapid Portfolio Transition, Robust Liquids Growth Among Highlights of Encana’s Strong Second Quarter

CALGARY, ALBERTA--(Marketwired - July 24, 2014) - Encana's (TSX:ECA)(NYSE:ECA) strong second quarter of 2014 saw the company continue to make faster than expected progress in the execution of its strategy, with the reporting period highlighted by the acquisition of Eagle Ford assets for a sixth growth area, the highly successful initial public offering (IPO) of PrairieSky Royalty Ltd. (PrairieSky) and impressive liquids production growth. "We had a strong second quarter off of the back of a [Read more]

First Mountain Exploration Ltd. Announces Completion of Sale of Assets

CALGARY, ALBERTA--(Marketwired - July 23, 2014) - First Mountain Exploration Ltd. ("First Mountain" or the "Corporation") (TSX VENTURE:FMX) announces that it has completed an arm's length transaction pursuant to a purchase and sale agreement between the Corporation and an oil and gas producing company whereby the Corporation has divested of certain petroleum and natural gas leases located in the Atlee Buffalo area of Alberta for an aggregate purchase price of CDN$510,000 as previously announced [Read more]

Hemisphere Energy Closes Atlee Buffalo Acquisition and Completes 5 Well Summer Drill Program

VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 23, 2014) - Hemisphere Energy Corporation ("Hemisphere" or the "Company") (TSX VENTURE:HME) announces that it has closed the acquisition of certain petroleum and natural gas leases in the Atlee Buffalo area of southeast Alberta. The property includes an 85% working interest in 1.75 sections (1,120 acres) of land adjacent to Hemisphere's existing landbase. Total consideration for the acquisition was $510,000. The Company also announces that it [Read more]

Talisman Responds to Media Reports

CALGARY, ALBERTA--(Marketwired - July 23, 2014) - Talisman Energy Inc. (TSX:TLM) (NYSE:TLM) Talisman 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 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, Talisman does not intend [Read more]

TransCanada Receives Regulatory Approval for Northern Courier Pipeline Project

CALGARY, ALBERTA--(Marketwired - July 23, 2014) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced that the Alberta Energy Regulator has approved TransCanada's application to construct and operate the Northern Courier Pipeline Project (Northern Courier). "We are pleased that the Alberta Energy Regulator has approved Northern Courier, which will be a critical piece of infrastructure to support the long-term plans for growth and increased production from the Alberta [Read more]

High North Resources-Operations Update on Core Area, Blocks A to H

CALGARY, ALBERTA--(Marketwired - July 23, 2014) - High North Resources Ltd. (TSX VENTURE:HN) (the "Company" or "High North") is pleased to provide a general corporate and operational update. Summary High North is pleased to announce Montney oil flowing production rates from the five horizontal wells drilled to-date on its 100 percent owned core area 20.25 contiguous sections (Blocks A to H) at the Girouxville-Mclean property. Since bringing on the Company's first well in mid-January [Read more]

Shoreline Energy Corp. Announces Amended and Restated Forbearance Agreement With Senior Lender

CALGARY, ALBERTA--(Marketwired - July 22, 2014) - Shoreline Energy Corp. (TSX:SEQ) ("Shoreline" or the "Corporation") announces that it has entered into an amendment agreement extending its Forbearance Agreement with its senior secured lender, Century Services LP (collectively, the "Forbearance"). The Forbearance will provide Shoreline with the ongoing opportunity to complete its strategic alternatives process, co-ordinated by its advisor RBC Capital Markets. The strategic alternatives process [Read more]