BOE Report

Traverse Energy Ltd. Closes Private Placement Financing

CALGARY, ALBERTA--(Marketwired - June 3, 2013) - Traverse Energy Ltd. (the "Corporation") (TSX VENTURE:TVL) is pleased to announce that it has successfully closed its previously announced non-brokered private placement (the "Private Placement") of common shares of the Corporation ("Shares") issued on a "flow through" basis within the meaning of the Income Tax Act (Canada) (the "Tax Act"). The Corporation issued 2,420,000 Shares for total gross proceeds of $1,504,500. Of the total number of [Read more]

Delphi Energy Provides Update

CALGARY, ALBERTA--(Marketwired - June 3, 2013) - Delphi Energy Corp. ("Delphi" or the "Company") is pleased to provide the following update. ANNUAL GENERAL MEETING At Delphi's annual general meeting held on May 28th, 2013, the nominees proposed in the management proxy circular for the 2013 annual meeting of shareholders were elected as directors. Detailed results of the vote on the election of directors held at the meeting were as set out in the attached table. DIRECTOR NOMINEE VOTING [Read more]

BlackPearl to Accelerate Development of Its 12,000 Barrel Per Day Thermal Project at Onion Lake and Proposes to Issue US$350 Million Term Loan Facility

CALGARY, ALBERTA--(Marketwired - June 3, 2013) - BlackPearl Resources Inc. ("BlackPearl" or the "Company") (TSX:PXX)(OMX:PXXS) is pleased to announce that the Company plans to accelerate the development of its thermal enhanced oil recovery (EOR) project at its Onion Lake heavy oil property in Saskatchewan. BlackPearl has elected to proceed with a 12,000 barrel per day EOR project at Onion Lake, Saskatchewan prior to proceeding with the first phase of its steam-assisted gravity drainage (SAGD) [Read more]

Contact Exploration Announces Long-term Customer Signed by Pieridae Energy for Goldboro LNG Project

CALGARY, ALBERTA--(Marketwired - June 3, 2013) - Contact Exploration Inc. ("Contact" or the "Company") (TSX VENTURE:CEX) is pleased to announce that Pieridae Energy (Canada) Ltd. ("Pieridae") has entered into a long-term sales agreement with E.ON Global Commodities SE ("E.ON"), a subsidiary of E.ON SE, and one of the world's largest investor-owned power and gas companies, for the purchase of liquefied natural gas ("LNG") from the Goldboro LNG project being developed by Pieridae in Nova Scotia, [Read more]

Blackdog Resources Ltd. Updates Sylvan Lake Operations, Acknowledges Farm out Interest in Woking/Evi Properties

CALGARY, ALBERTA--(Marketwired - June 3, 2013) - Blackdog Resources Ltd. ("Blackdog" or "the Company") (TSX VENTURE:DOG) is pleased to provide an update on our Sylvan Lake and Woking Properties. In late March, 2013, the Company equipped its 100% owned light oil and liquid rich natural gas well at Sylvan Lake with a rod string and bottom hole pump. The Company also secured a large scale rental pump jack to test the well. However, at the last minute, the Operator of the pipeline was not [Read more]

Crocotta Energy Announces Increase to Previously Announced Flow-Through Share Private Placement to $22 Million

CALGARY, ALBERTA--(Marketwired - June 3, 2013) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA CROCOTTA ENERGY INC. (TSX:CTA) ("Crocotta" or the "Company") is pleased to announce that it has increased the maximum size of its previously announced non-brokered private placement of common shares in the capital of the Company ("Common Shares") to be issued on a "flow-through" basis in respect of Canadian exploration expenses ("CEE") to [Read more]

Inter Pipeline Announces Corporate Restructuring and Distribution Increase

CALGARY, ALBERTA--(Marketwired - June 2, 2013) - Inter Pipeline Fund ("Inter Pipeline") (TSX:IPL.UN) announced today that it has completed several internal transactions related to the restructuring of its current limited partnership structure to position the business for a planned conversion to a corporate form. Inter Pipeline has indirectly purchased Pipeline Management Inc, its General Partner, for initial consideration valued at $170 million, plus adjustments, and a future second instalment [Read more]

Enbridge Pipeline Rejection: Coastal First Nations Congratulate Premier Christy Clark for “Doing the Right Thing.”

First Nations reaffirm ban on oil tanker traffic on BC's North Coast VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 31, 2013) - The Coastal First Nations are congratulating the BC government for rejecting the Enbridge Northern Gateway pipeline at the conclusion of JRP hearings for the proposed project, and they are reaffirming their ban on oil tanker traffic on BC's North Coast. "The BC government has done the right thing by rejecting the Enbridge pipeline for the company's failure to [Read more]

Gitga’at First Nation Applauds B.C. Government’s Rejection of Enbridge Northern Gateway Pipeline

Decision "feels like sunshine." Nation says Enbridge offers an important lesson for other resource proponents on the importance of Aboriginal consultation and credible environmental impact studies. HARTLEY BAY, BRITISH COLUMBIA--(Marketwired - May 31, 2013) - The Gitga'at First Nation is congratulating the B.C. government on its rejection of the Enbridge Northern Gateway pipeline and oil tanker project, saying the rejection offers an important lesson to other resource development proponents [Read more]

BMO Provincial Business Report: Low Taxes and Natural Resources Fuel Optimism Among Alberta Business Owners

CALGARY, ALBERTA--(Marketwired - May 31, 2013) - Business owners in Alberta, despite having a mixed outlook on the Canadian economy, are upbeat about their province's prospects for growth. The findings are part of a BMO poll of Alberta business owners, conducted by Pollara, to determine what local entrepreneurs see as the competitive advantage of doing business in their province. It revealed: 19 per cent cite the strength of the local economy as the main advantage to doing business in [Read more]