BOE Report

Freehold Royalties Ltd. Declares Dividend for April 2017

CALGARY, ALBERTA--(Marketwired - April 13, 2017) - Freehold Royalties Ltd. (Freehold) (TSX:FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.05 per common share to be paid on May 15, 2017 to shareholders of record on April 30, 2017. These dividends are designated as "eligible dividends" for Canadian income tax purposes. Freehold's primary focus is on acquiring and managing oil and gas royalties. The majority of production comes from royalty interests [Read more]

Veresen Announces Closing of Gas-Fired Power Assets

CALGARY, ALBERTA--(Marketwired - April 13, 2017) - Veresen Inc. ("Veresen") (TSX:VSN) is pleased to announce it has closed the previously announced sale of the gas-fired power assets. The company continues to expect the sale of its remaining power assets to be completed during the second quarter of 2017. Each of the agreements is subject to closing adjustments and conditions customary in transactions of this nature, including the receipt of all necessary approvals. The company expects to [Read more]

PrairieSky Royalty Declares April Dividend and Announces Conference Call for Q1 2017 Results

CALGARY, ALBERTA--(Marketwired - April 13, 2017) - PrairieSky Royalty Ltd. ("PrairieSky") (TSX:PSK) announced today that its Board of Directors has declared a dividend of CDN $0.0625 per common share, payable in cash on May 15, 2017 to shareholders of record on April 28, 2017. This dividend is designated as an "eligible dividend" for Canadian income tax purposes. PrairieSky will release its Q1 2017 results on Monday, April 24, 2017 after markets close. The news release detailing [Read more]

Completion of Placing of New Shares Under General Mandate

HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - April 13, 2017) - The Board of Directors (the "Board") of Sunshine Oilsands Ltd. (the "Corporation" or "Sunshine") (HKSE:2012) is pleased to announce the following: The Board is pleased to announce that all conditions of the Placing Agreement have been fulfilled and the Completion took place on April 13, 2017. An aggregate of 140,874,000 Relevant Shares were allotted and issued to Creditor A at the Issue Price of HK$0.241 per Relevant [Read more]

Pine Cliff Energy Ltd. Announces Borrowing Base Redetermination

CALGARY, ALBERTA--(Marketwired - April 12, 2017) - Pine Cliff Energy Ltd. ("Pine Cliff" or the "Company") (TSX:PNE) is pleased to announce that it has completed its semi-annual borrowing base redetermination and has renewed its credit facilities with its banking syndicate of Canadian financial institutions (the "Syndicate"). The Company has entered into an amending agreement with the Syndicate for a $45 million revolving credit facility, consisting of a $35 million revolving credit facility [Read more]

Point Loma Resources Files Amended Material Change Report

CALGARY, AB--(Marketwired - April 12, 2017) - Point Loma Resources Ltd. (TSX VENTURE: PLX) (the "Corporation" or "Point Loma") announces that it has filed an amended material change report (the "Amended MCR") amending the material change report dated July 7, 2016 (the "Original MCR"). In addition to the disclosure included in the Original MCR, the Amended MCR: (i) incorporates by reference the filing statement of the Corporation dated June 24, 2016; (ii) includes two years of audited operating [Read more]

Inter Pipeline Announces $500 Million Medium-Term Note Offering

CALGARY, ALBERTA--(Marketwired - April 12, 2017) - Inter Pipeline Ltd. ("Inter Pipeline") (TSX:IPL) announced today that it has agreed to issue $500 million of senior unsecured medium-term notes in the Canadian public debt market. The notes will have a fixed interest rate of 2.734% per annum, payable semi-annually, and will mature on April 18, 2024. The offering is expected to close on April 18, 2017. Inter Pipeline will use the net proceeds of the offering to repay indebtedness under its [Read more]

Traverse Energy Announces 2016 Year End Results

CALGARY, ALBERTA--(Marketwired - April 11, 2017) - Traverse Energy Ltd. ("Traverse" or "the Company") (TSX VENTURE:TVL) presents financial and operating results for the year ended December 31, 2016. Three Months Ended December 31 (unaudited) Year Ended December 31 Highlights 2016 2015 2016 2015 Financial ($ thousands, except per share amounts) Petroleum and natural gas revenue $ 1,828 $ 3,172 $ 7,220 $ 12,882 Cash provided by [Read more]

Pengrowth Announces Closing of $92 Million Bernadet Montney Asset Sale

CALGARY, ALBERTA--(Marketwired - April 11, 2017) - Pengrowth Energy Corporation (TSX:PGF)(NYSE:PGH) announces that it has closed its previously announced sale of its non-producing Montney lands at Bernadet in North East British Columbia for cash consideration of $92 million. The cash proceeds will help further strengthen the Company's balance sheet. The closing of the Bernadet sale coupled with the recently announced Swan Hills disposition are expected to generate approximately $272 million [Read more]

Fortem Resources Inc. Acquires 20 Sections (12,960 Acres) of Oil and Gas Leases in Northern Alberta

LAS VEGAS, NV--(Marketwired - Apr 11, 2017) - Fortem Resources Inc. (OTCQB: FTMR) (the "Company") is pleased to announce that on April 7, 2017, it entered into and closed two Membership Interest Purchase Agreements with three arm's length vendors to acquire all the membership interests of Colony Energy, LLC, a Nevada limited liability company. Colony Energy holds a 100% interest in and to certain petroleum, natural gas and general rights, including Alberta Crown Petroleum and Oil Leases, in 20 [Read more]