BOE Report

TransCanada Reaches Agreement to Sell Cancarb Limited

CALGARY, ALBERTA--(Marketwired - Jan. 20, 2014) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) announced today it has reached an agreement to sell Cancarb Limited (Cancarb) and its related power generation facility to Tokai Carbon Co., Ltd. for aggregate gross proceeds of $190 million, plus customary adjustments. The transaction is expected to close late in the first quarter of 2014, subject to various approvals. The divestiture of Cancarb and its waste heat recovery power [Read more]

Questerre Updates Montney Activities

CALGARY, ALBERTA--(Marketwired - Jan. 20, 2014) - Questerre Energy Corporation ("Questerre" or the "Company") (TSX:QEC)(OSLO:QEC) is pleased to report that commissioning has been completed for the joint venture central compression and condensate stabilization facility located at 16-07-63-5W6M ("16-07 Facility") in the Kakwa-Resthaven area. Questerre has a 25% working interest in this facility. Michael Binnion, President and Chief Executive Officer of Questerre, commented, "This facility will [Read more]

Suncor Energy reports employee fatality at its Oil Sands site

FORT MCMURRAY, ALBERTA--(Marketwired - Jan. 20, 2014) - It is with deepest regrets that Suncor Energy reports there has been an employee fatality at its Oil Sands site on Sunday January 19, 2014. Suncor Emergency Services personnel responded to a request for service early today after an employee was unable to be located. Suncor immediately activated its emergency response plan, began full-scale search operations and notified the RCMP and Alberta Occupational Health and Safety. The [Read more]

Young Has Not Accepted Oil Sands Producers’ Meeting Offer, Says No to a Balanced News Conference

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CALGARY, ALBERTA--(Marketwired - Jan. 19, 2014) - Entertainer Neil Young and Athabasca Fort Chipewyan First Nation chief Allan Adam have not accepted to an offer to meet with oil sands producers prior to Young's benefit concert today. At its media conference on January 16, CAPP said the industry would be pleased to sit down with Mr. Young and Chief Adam and have a balanced discussion about oil sands and Aboriginal engagement. CAPP and Neil Young's public relations representative made [Read more]

Enbridge Restarts Line 67 After Pump Station Release

CALGARY, ALBERTA--(Marketwired - Jan. 19, 2014) - Enbridge Inc., (TSX:ENB)(NYSE:ENB) shut down and isolated its Line 67 pipeline south of Regina, Saskatchewan at approximately 10:50 a.m. MDT today after a release from the pumping station piping within the Rowatt Station. Immediately upon Enbridge's detection of the pumping station leak, the pipeline was shut down. An initial investigation has determined the release occurred within the facility, and that all free product was contained on site. [Read more]

Crescent Point Energy Announces New York Stock Exchange Listing

CALGARY, ALBERTA--(Marketwired - Jan. 17, 2014) - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) is pleased to announce that it has been approved for listing on the New York Stock Exchange ("NYSE"). Crescent Point expects that its common shares will open for trading on the NYSE on Wednesday, January 22, 2014, under the ticker symbol "CPG". KCG Americas LLC is the Designated Market Maker for Crescent Point shares. [Read more]

Strategic Oil & Gas Ltd. Provides Muskeg Stack Results, Operational Update, 2014 Guidance and Executive Appointments

CALGARY, ALBERTA--(Marketwired - Jan. 17, 2014) - Strategic Oil & Gas Ltd. ("Strategic" or the "Company") (TSX VENTURE:SOG) provides an operational update as well as 2014 guidance. MUSKEG STACK RESULTS Strategic has had continued drilling success with its fourth quarter drilling program which included two horizontal Muskeg Stack wells and one horizontal Keg River well. Muskeg Stack horizontal well (15-24) has averaged 220 BOED (92% oil) over the first 31 days while still cleaning [Read more]

Peyto Exploration & Development Corp. Announces $150 Million Equity Offering

CALGARY, ALBERTA--(Marketwired - Jan. 16, 2014) - Peyto Exploration & Development Corp. ("Peyto" or the "Company") (TSX:PEY) has today entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, under which the underwriters have agreed to buy 4,420,000 common shares of the Company ("Common Shares") and sell to the public at a price of $34.00 per Common Share, representing an aggregate amount of approximately $150 million. The Company has granted the underwriters an [Read more]

Inflammatory Rhetoric a Disservice to First Nations, Oil Sands Industry and Canadian Energy Consumers

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CALGARY, ALBERTA--(Marketwired - Jan. 16, 2014) - Canadians need a constructive dialogue about the oil sands and broader energy matters based on the facts - jobs, economic benefits, environmental performance and energy security and reliability - rather than ill-informed opinions and inflammatory rhetoric from protest-anthem rock stars, the Canadian Association of Petroleum Producers said today. "Neil Young's statements this week clearly demonstrate his lack of understanding of the oil sands [Read more]

Aroway Energy Inc. Inks Option Agreement With Major Oil Producer

CALGARY, ALBERTA--(Marketwired - Jan. 16, 2014) - AROWAY ENERGY INC. (TSX VENTURE:ARW)(OTCQX:ARWJF) (www.arowayenergy.com) (the "Company") is pleased to announce that it has executed a seismic option agreement with a major independent oil Company (the "Optionor") on 18 sections or portions of sections of freehold land (approximately 8,800 acres) adjoining Aroway's existing land base of 15 sections (9,600 acres) in the Kerrobert area of central Saskatchewan. Pursuant to the Agreement, Aroway [Read more]