BOE Report

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

CALGARY, ALBERTA--(Marketwired - March 29, 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"), 61,000 Savanna Shares (the "Acquired Shares"). All of the Acquired Shares were [Read more]

Divestco Announces Additional Information Related to Recent Debt Financing

CALGARY, AB--(Marketwired - March 29, 2017) - In connection with the debt financing announced by Divestco Inc. ("Divestco" or the "Company") (TSX VENTURE: DVT) on March 21, 2017, the Company paid a success fee of $131,250 in addition to work fees of $21,000 to Cambio Merchant Capital Inc. About the Company Divestco provides innovative geoscience solutions to Energy and Service companies worldwide. Our customers predominantly operate in geology, geophysics, land and engineering and we work with [Read more]

Cenovus Announces $3.0 Billion Bought-Deal Offering of Common Shares

CALGARY, ALBERTA--(Marketwired - March 29, 2017) - Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) ("Cenovus") announced today that it has entered into a bought-deal financing agreement to sell 187.5 million common shares ("Common Shares") at a price of $16.00 per share (the "Offering"). The Offering will be made through a syndicate of underwriters (the "Underwriters") led by RBC Capital Markets and J.P. Morgan. The gross proceeds from the Offering will be approximately $3.0 billion. The Offering is [Read more]

Cenovus to Double Production and Reserves in Canada

CALGARY, ALBERTA--(Marketwired - March 29, 2017) - Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) has agreed to acquire ConocoPhillips' 50% interest in the FCCL Partnership, the companies' jointly owned oil sands venture operated by Cenovus. Cenovus is also purchasing the majority of ConocoPhillips' Deep Basin conventional assets in Alberta and British Columbia. Combined, these assets have forecast 2017 production of approximately 298,000 barrels of oil equivalent per day (BOE/d). The acquisition is [Read more]

Savanna Announces Termination of Arrangement Agreement With Western Energy Services Corp.

CALGARY, ALBERTA--(Marketwired - March 29, 2017) - Savanna Energy Services Corp. ("Savanna") (TSX:SVY) announces it has terminated the arrangement agreement with Western Energy Services Corp. ("Western"), pursuant to which Western had agreed to acquire all of the outstanding common shares of Savanna on the basis of 0.85 of a common share of Western and $0.21 in cash per common share of Savanna. About Savanna Savanna is a leading contract drilling and oilfield services company operating in [Read more]

Western Energy Services Corp. Receives Termination Notice from Savanna

CALGARY, ALBERTA--(Marketwired - March 29, 2017) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Western Energy Services Corp. ("Western") (TSX:WRG) announced today that it has received a notice of termination from Savanna Energy Services Corp. ("Savanna") of the arrangement agreement between Western and Savanna dated March 8, 2017, as amended on March 14, 2017 (the "Arrangement Agreement"). Western is considering what remedies [Read more]

Harvest Operations Files 2016 Year-End Disclosure Documents

CALGARY, ALBERTA--(Marketwired - March 28, 2017) - Harvest Operations Corp. ("Harvest" or the "Company") announced the filing of its Annual Information Form ("AIF") and its Statement of Reserves Data and Other Oil and Gas Information Form 51-101F1 for the year ended December 31, 2016. The Company filed its Audited Consolidated Financial Statements for the year ended December 31, 2016 and related Management's Discussion and Analysis ("MD&A") on SEDAR, EDGAR and SGXNet on February 23, [Read more]

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

CALGARY, ALBERTA--(Marketwired - March 28, 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"), 49,000 Savanna Shares (the "Acquired Shares"). All of the Acquired Shares were [Read more]

Razor Energy Corp. Announces 2016 Year-End Reserves

CALGARY, ALBERTA--(Marketwired - March 28, 2017) - Razor Energy Corp. ("Razor" or the "Company") (TSX VENTURE:RZE) is pleased to provide a summary of its 2016 year-end reserves evaluation. The highlights and reserves summary below sets forth Razor's gross reserves as at December 31, 2016, as evaluated by Sproule Associates Limited ("Sproule") in an independent report (the "Sproule Report"). The figures in the following tables have been prepared in accordance with the standards contained in [Read more]

Sunshine Oilsands Ltd.: Partial Completion of Zhengwei Placement

HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - March 28, 2017) - The Board of Directors (the "Board") of Sunshine Oilsands Ltd. (the "Corporation" or "Sunshine") (HKSE:2012) is pleased to announce the following: Partial Completion of Zhengwei Placement Reference is made to the announcement of the Corporation dated December 29, 2016 (Hong Kong time) / December 28, 2016 (Calgary time) (the "Announcement") in relation to the placing of new Shares under the General Mandate [Read more]