BOE Report

Statoil Receives Common Shares of International Petroleum Corporation From Lundin Petroleum

STAVANGER, NORWAY--(Marketwired - April 24, 2017) - Statoil ASA (OSLO:STL) ("Statoil") announced today that it beneficially owns 22,805,892 Common Shares ("Shares") of International Petroleum Corporation ("IPC") (TSX:IPCO)(NASDAQ OMX: IPCO), representing approximately 20.1% of the issued and outstanding Shares. Statoil is a shareholder of Lundin Petroleum AB ("Lundin") and received its Shares on April 24, 2017 in connection with a shareholder-approved reorganization of Lundin involving [Read more]

Zargon Oil & Gas Ltd. Announces Board of Directors Changes

CALGARY, ALBERTA--(Marketwired - April 24, 2017) - K. James Harrison has advised Zargon (TSX:ZAR)(TSX:ZAR.DB.A) that he does not intend to stand for reelection for the Zargon Board of Directors at the upcoming Annual and Special Meeting of Shareholders to be held on May 30, 2017. K. James Harrison has been a director of Zargon since 1995, and his energy and counsel over the years have been invaluable. On behalf of the management and Board of Directors of Zargon, we would like to thank K. James [Read more]

Vital Energy Inc.: Further Details on Pennant Project, S.W. Saskatchewan – Core Project Area

CALGARY, ALBERTA--(Marketwired - April 21, 2017) - Vital Energy Inc. ("Vital") (TSX VENTURE:VUX) announced today, further to its news releases dated March 31, 2017 and April 21, 2017, further details on the 4 leases acquired at the Saskatchewan Crown land sale in the Pennant Area project lands. Pursuant to its agreement with the Third Party, namely Cerus Energy Group, the amount of the first cash advance to Vital was $360,000. The lease acquisitions totaled 5,220 acres more than doubling Vital's [Read more]

Fortem Resources Inc. Acquires Interest in 101,888 Acres of Oil and Gas Leases in the Mancos Formation, Utah

LAS VEGAS, NV--(Marketwired - Apr 21, 2017) -  Fortem Resources Inc. (OTCQB: FTMR) (the "Company") is pleased to announce that on April 17, 2017, it entered into and closed a Membership Interest Purchase Agreement (the "MPA") with two arm's length vendors to acquire 100% the membership interests of Rolling Rock Resources, LLC, a Nevada limited liability company. Rolling Rock has the right to acquire a 50% working interest in and to certain leases, hydrocarbons, wells, agreements, equipment, [Read more]

Vital Energy Inc.: Pennant Project, S.W. Saskatchewan – Core Project Area

CALGARY, ALBERTA--(Marketwired - April 21, 2017) - Vital Energy Inc. ("Vital") (TSX VENTURE:VUX) announces that, further to its news release dated March 31, 2017, and the agreement with a Third Party described therein, the Third Party has made the first cash advance to Vital under the terms of the agreement. Vital was successful in acquiring 4 leases at the April 11, 2017, Saskatchewan crown land sale. The lease acquisitions totaled 5,220 acres more than doubling Vital's current Pennant Area [Read more]

Petrocapita Provides an Update on Proceeds of Debentures

CALGARY, ALBERTA--(Marketwired - April 20, 2017) - Petrocapita Income Trust (CNSX:PCE.UN)(CSE:PCE.UN)(CSE:PCE.UN.CN) ("Petrocapita") announces the close of an additional $333,000, for aggregate gross proceeds to date of $7,285,000 from the sale of its 8% secured convertible debentures (the "Convertible Debentures") pursuant to its previously announced private placement offering of these Convertible Debentures. This is in addition to the previously announced gross proceeds from the sale [Read more]

Total Energy Services Inc. Announces Acquisition of Shares of Savanna Energy Services Corp. on the TSX

CALGARY, ALBERTA--(Marketwired - April 20, 2017) - Total Energy Services Inc. (TSX:TOT) ("Total" or the "Corporation") announced today that, in connection with its previously announced Offer (as defined below) to purchase all of the issued and outstanding common shares ("Savanna Shares") of Savanna Energy Services Corp. ("Savanna"), it has purchased, through the facilities of the Toronto Stock Exchange (the "TSX"), 40,500 Savanna Shares (the "Acquired Shares"). All of the Acquired Shares were [Read more]

Suncor Energy to release first quarter 2017 financial results and hold Annual General Meeting of shareholders

CALGARY, ALBERTA--(Marketwired - April 20, 2017) - Suncor will release its first quarter financial results on Wednesday, April 26, 2017 before 8:00 p.m. MT (10:00 p.m. ET). A webcast to review the first quarter will be held at 7:30 a.m. MT (9:30 a.m. ET) on Thursday, April 27, 2017. Representing management will be Steve Williams, president and chief executive officer and Alister Cowan, executive vice president and chief financial officer. A question and answer period with analysts will [Read more]

Kelt Announces Results of Shareholders’ Meeting

CALGARY, AB--(Marketwired - April 20, 2017) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") is pleased to announce that all matters presented for approval at the Annual Meeting of Shareholders held April 19, 2017 have been fully authorized and approved. A total of 109,238,564 common shares, representing 62.17% of the common shares, were represented in person or by proxy at the meeting.At the meeting, by vote by way of a show of hands, an ordinary resolution to approve fixing the [Read more]

Savanna to Release Q1 2017 Results on May 12, 2017

CALGARY, ALBERTA--(Marketwired - April 20, 2017) - Savanna Energy Services Corp. ("Savanna" or the "Company") (TSX:SVY) intends to release its First Quarter 2017 results after markets close on Friday, May 12, 2017. The results will be available on the Company's web site after the dissemination has taken place over the news wire service. Savanna is a leading contract drilling and oilfield services company operating in North America and Australia providing a broad range of drilling, well [Read more]