BOE Report

Cenovus reports voting results of election of Directors

CALGARY, AB--(Marketwired - April 26, 2017) - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) announced that at its annual meeting of shareholders held on April 26, 2017 each of the 11 nominees proposed as Directors and listed in its Management Information Circular dated March 3, 2017 were elected as Directors. The detailed results of the vote are set out below. Nominee  Votes for  Votes withheld    Number  Percent  Number  Percent Susan F. Dabarno   538,584,625     87.83     [Read more]

Suncor Energy announces increased return to shareholders and early repayment of US $1.25 billion bond

CALGARY, ALBERTA--(Marketwired - April 26, 2017) - Suncor today announced plans to repurchase up to $2 billion of the company's shares over the next twelve months through a normal course issuer bid ("NCIB"), together with the early repayment of a US $1.25 billion bond. "Our business continues to deliver strong cash flow even at current commodity prices," said Steve Williams, Suncor president and chief executive officer. "We have made commitments to increase returns to shareholders and [Read more]

Antrim Announces Filing of Articles of Dissolution and Update on Distribution

CALGARY, ALBERTA--(Marketwired - April 26, 2017) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S. Antrim Energy Inc. ("Antrim" or the "Company"), announces that the Company has been formally dissolved effective today. The Company filed its Articles of Dissolution, and a Certificate of Dissolution was issued on April 26, 2017, pursuant to the voluntary dissolution procedures under the Business Corporations Act (Alberta). The Company's [Read more]

Suncor Energy declares dividend

CALGARY, ALBERTA--(Marketwired - April 26, 2017) - Suncor Energy's Board of Directors has approved a quarterly dividend of $0.32 per share on its common shares, payable June 26, 2017 to shareholders of record at the close of business on June 5, 2017. Suncor Energy is Canada's leading integrated energy company. Suncor's operations include oil sands development and upgrading, offshore oil and gas production, petroleum refining, and product marketing under the Petro-Canada brand. A member [Read more]

Petrocapita Announces Aggregate Proceeds of $1,338,307.74 From Preferred Trust Units and Class ‘A’ Shares of a Subsidiary (Tied Offering)

CALGARY, ALBERTA--(Marketwired - April 26, 2017) - Petrocapita Income Trust (CSE:PCE.UN)(CSE:PCE.UN.CN) ("Petrocapita") announces a second Close in the sum of $1,338,000.00 of its 9% Preferred Trust Units and $307.74 tied Class 'A' Shares of a subsidiary created to hold both oil and gas assets and complimentary midstream assets pursuant to the February 08, 2017 announcement of a $20 million Preferred Unit Offering. Details related to the Tied Offering Close have been filed with the Canadian [Read more]

Traverse Energy Ltd. Announces Private Placement Financing

CALGARY, ALBERTA--(Marketwired - April 26, 2017) - Traverse Energy Ltd. (the "Corporation") (TSX VENTURE:TVL) intends to complete a non-brokered private placement (the "Private Placement") of up to of 5 million common shares ("Common Shares") and 2,375,000 warrants ("Warrants") of the Corporation for total gross proceeds of $2 million. The Private Placement will consist of: up to 1.75 million units, each of which will be comprised of one common share issued on a "flow-through" basis [Read more]

Loon Energy Corporation: Shares for Debt

CALGARY, ALBERTA--(Marketwired - April 26, 2017) - Loon Energy Corporation (NEX:LNE.H) ("Loon" or the "Company") announces its intention to issue 3,989,243 common shares at the deemed price of $0.05 per common share required by Exchange regulations to settle outstanding debt of CDN$199,477.15. No warrants or other convertible securities are to be issued in association with this settlement. The Company currently has 19,949,136 common shares issued and outstanding and will have 23,938,379 issued [Read more]

Shoal Point to submit Summary Planning Document to regulators

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 26, 2017) - Mark Jarvis, CEO of Shoal Point Energy Ltd. (CSE:SHP)(CSE:SHP.CN), announced today that the Company is planning to submit a Summary Planning Document to the applicable regulators in Newfoundland and Labrador. "The plan will not involve hydraulic fracturing," said Mr. Jarvis. "Our recently completed analysis of the entire data set indicates that the Humber Arm Allochthon may have enough streaks of natural fracturing and porosity to [Read more]

MCW Energy Group Announces Closing of Non-Brokered Private Placement

TORONTO, ONTARIO--(Marketwired - April 26, 2017) - MCW Energy Group Limited ("MCW") (TSX VENTURE:MCW)(OTCQX:MCWEF), a Canadian holding company involved in the development of environmentally-friendly oil sands technologies and the production of oil from Utah's vast oil sands deposits, is pleased to announce that it has completed a non-brokered private placement financing by issuing 720,833 common shares for aggregate gross proceeds of US$35,000. All shares issued pursuant to the financing are [Read more]

Leucrotta Exploration Inc. Announces Completion of Its $80 Million Bought Deal Financing

CALGARY, ALBERTA--(Marketwired - April 26, 2017) - Leucrotta Exploration Inc. ("Leucrotta" or the "Company") (TSX VENTURE:LXE) is pleased to announce that it has closed its previously announced Bought-Deal Financing (the "Bought Deal Financing") of (i) common shares of the Company ("Common Shares"); and (ii) Common Shares issued on a flow-through basis in respect of Canadian Exploration Expenses ("CEE") under the Income Tax Act (Canada) (the "Flow-Through Shares"), by way of short form [Read more]