BOE Report

Canacol Energy Ltd. Announces 2P Reserves of 85 MMBOE Worth US$1.3B BTAX and 13 Year Reserve Life Index

CALGARY, ALBERTA--(Marketwired - March 27, 2017) - Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE)(OTCQX:CNNEF)(BVC:CNEC) is pleased to report its light, medium and heavy crude oil and conventional natural gas reserves and deemed volumes for the fiscal year end December 31, 2016. The Corporation engaged DeGolyer and MacNaughton Canada Limited ("DMCL") to prepare independent reserves evaluations for its two primary conventional natural gas fields in Colombia and for its oil [Read more]

Canacol Energy Ltd. Announces 2016 Year End Results Posting $135.5 Million of EBITDAX

CALGARY, ALBERTA--(Marketwired - March 27, 2017) - Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE)(OTCQX:CNNEF)(BVC:CNEC) is pleased to report its financial results for the year ended December 31, 2016. Dollar amounts are expressed in United States dollars, except as otherwise noted. Charle Gamba, President and CEO of the Corporation, commented: "2016 saw the emergence of Canacol as a premier gas producer in Colombia. By April 2016, we had achieved our goal of 90 million [Read more]

Enbridge Inc. Raises $0.5 Billion through Secondary Offering of Enbridge Income Fund Holdings Inc. Shares; Achieves Previously Announced Asset Monetization Target

CALGARY, ALBERTA--(Marketwired - March 27, 2017) - Enbridge Inc. (TSX:ENB) (NYSE:ENB) (Enbridge or the Company) announced today that it and Enbridge Income Fund Holdings Inc. (TSX:ENF) (EIFH) have entered into an agreement with a syndicate of underwriters (the Underwriters) led by BMO Capital Markets, CIBC Capital Markets and Scotiabank, pursuant to which the Underwriters have agreed to purchase, and Enbridge has agreed to sell, on a bought deal basis, 15,085,000 EIFH common shares (the Common [Read more]

Enbridge Income Fund Holdings Inc. Announces $0.5 Billion Secondary Offering of Common Shares by Enbridge Inc.

CALGARY, ALBERTA--(Marketwired - March 27, 2017) - NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER U.S. NEWSWIRE SERVICES Enbridge Income Fund Holdings Inc. (TSX:ENF) (EIFH or the Company) announced that the Company and Enbridge Inc. (TSX:ENB) (Enbridge), have entered into an agreement with a syndicate of underwriters (the Underwriters) led by BMO Capital Markets, CIBC Capital Markets and Scotiabank, pursuant to which the Underwriters have agreed to purchase, and Enbridge has [Read more]

Suncor Energy provides update on Syncrude recovery plan

CALGARY, ALBERTA--(Marketwired - March 27, 2017) - Suncor today provided an update on the Syncrude Mildred Lake Oil Sands facility following the March 14 incident. Preliminary investigation indicates that the cause of the incident was a loss of containment on a line near one of the naphtha hydrotreating units. Damage has largely been isolated to a piperack adjacent to the hydrotreater, containing piping, cables, and electrical circuits. Syncrude has advanced the planned eight-week [Read more]

Birchcliff Energy Ltd. Announces Increase in Ownership by Seymour Schulich and Agreement for Firm Service Transportation on Canadian Mainline

CALGARY, ALBERTA--(Marketwired - March 27, 2017) - Birchcliff Energy Ltd. ("Birchcliff") (TSX:BIR) is pleased to announce that Mr. Seymour Schulich has acquired an additional 2,500,000 common shares of Birchcliff and that Birchcliff has signed agreements for the firm service transportation of 175,000 GJ/d of natural gas. INCREASE IN OWNERSHIP BY SEYMOUR SCHULICH Mr. Schulich has informed Birchcliff that he recently acquired control and direction over an additional 2,500,000 common shares [Read more]

Strategic Oil & Gas Ltd. Announces Annual and Fourth Quarter 2016 Financial and Operating Results

CALGARY, ALBERTA--(Marketwired - March 27, 2017) - Strategic Oil & Gas Ltd. ("Strategic" or the "Company") (TSX VENTURE:SOG) is pleased to report financial and operating results for the year and three months ended December 31, 2016. This year the Company took major strides towards strengthening its balance sheet and increasing the value of its 100% owned core asset at Marlowe in Northern Alberta, and is well positioned to increase production and cash flows through development drilling in [Read more]

Blackbird Energy Announces 1,002% Increase in Pipestone Montney 2P Reserves NPV10% to $455 Million and Risked Best Estimate Contingent Resources NPV10% of $437 Million

CALGARY, ALBERTA--(Marketwired - March 27, 2017) - (TSX VENTURE:BBI) Blackbird Energy Inc. ("Blackbird" or the "Company") is pleased to announce a 1,002% increase in proved plus probable reserves ("2P") before tax net present value to $455 million, discounted at 10% ("NPV10%"), and a before tax risked best estimate contingent resources NPV10% ("2C") value of $437 million. Blackbird has now booked 11.9% of its net Pipestone / Elmworth acreage on a 2P basis and 21.2% of its net Pipestone / [Read more]

Prairie Provident Announces Updated Corporate Presentation

CALGARY, ALBERTA--(Marketwired - March 24, 2017) - Prairie Provident Resources Inc. ("Prairie Provident" or "PPR" or the "Company") (TSX:PPR) is pleased to report that it has posted an updated corporate presentation on its website following the closing of its previously announced acquisition of strategic assets in the Greater Red Earth area of northern Alberta, as well as the related financing. PPR is an oil and liquids weighted company with low-decline production that generates attractive [Read more]

TransCanada Receives Presidential Permit for Keystone XL

HOUSTON, TEXAS and CALGARY, ALBERTA--(Marketwired - March 24, 2017) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced that the U.S. Department of State has signed and issued a Presidential Permit to construct the Keystone XL Pipeline. "This is a significant milestone for the Keystone XL project," said Russ Girling, TransCanada's president and chief executive officer. "We greatly appreciate President Trump's Administration for reviewing and approving this important [Read more]