BOE Report

Cenovus achieves key acquisition financing milestones

CALGARY, AB--(Marketwired - April 06, 2017) - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has made significant progress executing on its previously announced financing plan for the company's $17.7 billion purchase of assets in Western Canada from ConocoPhillips. The acquisition is expected to close in the second quarter of this year. Since the agreement was announced on March 29, 2017, Cenovus has successfully completed a planned $3.0 billion bought-deal common share financing and priced a [Read more]

Cardinal Energy Ltd. Confirms Monthly Dividend for April

CALGARY, ALBERTA--(Marketwired - April 6, 2017) - Cardinal Energy Ltd. ("Cardinal") (TSX:CJ) confirms that a dividend of $0.035 per common share will be paid on May 15, 2017 to shareholders of record on April 28, 2017 with an ex-dividend date of April 26, 2017. The Board of Directors of Cardinal has declared the dividend payable in cash. This dividend has been designated as an "eligible dividend" for Canadian income tax purposes. About Cardinal Energy Ltd. Cardinal is a [Read more]

Jaguar Resources Inc. Announces Financing of $38 Million USD

CALGARY, ALBERTA--(Marketwired - April 6, 2017) - Jaguar Resources Inc. (TSX VENTURE:JRI) ("Jaguar" or the "Company") intends to issue Common shares for a total of $38 million USD (the "Financing"). The Financing consists of common shares issued at $1.20 CDN (actual CDN value will be determined based upon exchange rate at time of closing) $38 Million USD in proceeds. The funds will be used to develop oil and gas prospects in the Western Canadian Sedimentary Basin of Alberta. A portion of the [Read more]

Birchcliff Energy Ltd. Announces Increase in Ownership by Seymour Schulich

CALGARY, ALBERTA--(Marketwired - April 6, 2017) - Birchcliff Energy Ltd. ("Birchcliff") (TSX:BIR) is pleased to announce that Mr. Seymour Schulich has informed Birchcliff that he recently acquired control and direction over an additional 2,000,000 common shares of Birchcliff through the facilities of the Toronto Stock Exchange at an average purchase price of $7.84 per common share. As a result of this purchase, Mr. Schulich now beneficially owns or exercises control or direction over a total of [Read more]

Raging River Exploration Inc. Responds to Market Speculation

CALGARY, ALBERTA--(Marketwired - April 6, 2017) - Raging River Exploration Inc. (the "Company" or "Raging River") (TSX:RRX) is providing the following response in regards to recent market speculation on the appointment of a financial advisor by the Company. As part of our normal business practice, Raging River has previously and will continue to engage financial advisors to assist in the execution of its long term business plan. GMP Securities L.P. ("GMP FirstEnergy") had been engaged as a [Read more]

Leucrotta Exploration Inc. Increases Size of Bought Deal Financing to $80 Million

CALGARY, ALBERTA--(Marketwired - April 6, 2017) - Leucrotta Exploration Inc. ("Leucrotta" or the "Company") (TSX VENTURE:LXE) is pleased to announce that in connection with its April 5, 2017 announced Bought-Deal Financing (the "Bought Deal Financing"), Leucrotta has entered into a revised agreement with the syndicate of Underwriters (the "Underwriters"), co-led by Haywood Securities Inc. and National Bank Financial Inc., pursuant to which the Underwriters have agreed to increase the size of the [Read more]

Front Range Reports Petroleum Initially-in-Place of 1.8 TCF at Its Pepper, Alberta Montney Property

CALGARY, AB--(Marketwired - April 06, 2017) - Front Range Resources Ltd. ("Front Range" or the "Company") (TSX VENTURE: FRK) reports the results of the Resource Assessment of its Pepper, Alberta property effective as at March 31, 2017 (the "Resource Report"), as evaluated by GLJ Petroleum Consultants ("GLJ"), an independent qualified reserves evaluator, in accordance with National Instrument 51-101 - Standards of Disclosure for Oil and Gas Activities and the Canadian Oil and Gas Evaluation [Read more]

Pan Orient Energy Corp.: Normal Course Issuer Bid

CALGARY, ALBERTA--(Marketwired - April 6, 2017) - Pan Orient Energy Corp. ("Pan Orient") (TSX VENTURE:POE) announced today that it intends to continue the ability to purchase its common shares pursuant to the renewal of its normal course issuer bid through the TSX Venture Exchange ("TSXV"). Under the terms of the bid, Pan Orient will be authorized to purchase, for cancellation, up to 4,512,964 of its common shares (10% of the public float), subject to a maximum of 1,097,708 [Read more]

Cenovus announces closing of $3.0 billion bought-deal common share financing

CALGARY, AB --(Marketwired - April 06, 2017) - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) ("Cenovus") has closed its previously announced bought-deal common share financing. A total of 187.5 million common shares ("Common Shares") were sold at a price of $16.00 per share (the "Offering") for gross proceeds of $3.0 billion. The Offering was made through a syndicate of underwriters led by RBC Capital Markets and J.P. Morgan. Cenovus intends to use the net proceeds from the Offering to finance a [Read more]

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

CALGARY, ALBERTA--(Marketwired - April 5, 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"), 110,000 Savanna Shares (the "Acquired Shares"). All of the Acquired Shares were [Read more]