BOE Report

Sunshine Oilsands Ltd.: Completion of Placing of New Shares Under General Mandate

HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - March 24, 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 March 24, 2017. An aggregate of 247,350,000 Placing Shares were allotted and issued to not less than six Placees at the Placing Price of [Read more]

Chinook Energy Inc. Announces Fourth Quarter 2016 Results and Provides Operational Update

CALGARY, ALBERTA--(Marketwired - March 23, 2017) - Chinook Energy Inc. ("our", "we", or "us") (TSX:CKE) is pleased to announce its fourth quarter 2016 financial and operating results and provide an operations update, including in respect of its most recent three well Birley/Umbach drilling program. Our operational and financial highlights for the three months and year ended December 31, 2016 are noted below and should be read in conjunction with our consolidated financial statements for [Read more]

Pengrowth Announces Sale of Bernadet Montney Lands for $92 Million

CALGARY, ALBERTA--(Marketwired - March 23, 2017) - Pengrowth Energy Corporation (TSX:PGF)(NYSE:PGH) today announced that it has entered into an agreement for the sale of its non-producing Montney lands at Bernadet in North East British Columbia for cash consideration of $92 million. The Bernadet asset encompasses 36.6 sections (100 percent working interest) of land with no associated production, cash flow and neither reserves or resources assigned to it in Pengrowth's December 31, 2016 [Read more]

Blackbird Energy Inc. Closes Land Acquisition

CALGARY, ALBERTA--(Marketwired - March 23, 2017) - Blackbird Energy Inc. ("Blackbird") (TSX VENTURE:BBI) is pleased to report that it has closed the previously announced acquisition (the "Acquisition") of two gross sections (two net) of Montney rights from Knowledge Energy Inc. ("Knowledge") pursuant to the terms of an asset sale agreement dated March 16, 2017. The Acquisition is effective March 1, 2017. Blackbird issued an aggregate of 1,923,077 common shares to Knowledge as consideration [Read more]

Enbridge Gas Distribution Rates Change Effective April 1

TORONTO, ONTARIO--(Marketwired - March 23, 2017) - Enbridge Gas Distribution Inc. (Enbridge) has received approval from the Ontario Energy Board (OEB) for new rates, effective April 1, 2017. Typical residential customers* who buy their gas supply from Enbridge will see a total bill increase of about one per cent, or $8 a year. As a result, their total annual bill will be about $908. The increase is mainly due to a lower Cost Adjustment refund, which reflects the difference between [Read more]

Pan Orient Energy Corp. 2016 Year End Financial & Operating Results

CALGARY, ALBERTA--(Marketwired - March 23, 2017) - Pan Orient Energy Corp. ("Pan Orient") (TSX VENTURE:POE) reports 2016 year-end and fourth quarter consolidated financial and operating results. Please note that all amounts are in Canadian dollars unless otherwise stated and BOPD refers to barrels of oil per day. The Corporation is today filing its audited consolidated financial statements as at and for the year ended December 31, 2016 and related management's discussion and analysis with [Read more]

InPlay Oil Corp. Announces Fourth Quarter and 2016 Year End Financial and Operating Results

CALGARY, AB--(Marketwired - March 23, 2017) - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") announces its financial and operating results for the three months and year ended December 31, 2016. InPlay's full audited financial statements and notes, as well as management's discussion and analysis ("MD&A") for the three and twelve month periods ended December 31, 2016 will be available shortly on the System for Electronic Document Analysis and Retrieval [Read more]

Prairie Provident Closes Strategic Light Oil Asset Acquisition, Increases Credit Facility and Reiterates 2017 Production Growth Guidance

CALGARY, ALBERTA--(Marketwired - March 23, 2017) - Prairie Provident Resources Inc. ("Prairie Provident" or "PPR" or the "Company") (TSX:PPR) is pleased to announce the completion of its previously announced acquisition of strategic assets in the Greater Red Earth area of northern Alberta (the "Assets") for cash consideration of $41.0 million (the "Acquisition"). The Assets include high-quality and low-decline oil production which is complementary to Prairie Provident's existing operations at [Read more]

Tamarack Valley Energy Ltd. Announces 2016 Financial and Operating Results with Record Fourth Quarter 2016 Production and Board Appointment

CALGARY, ALBERTA--(Marketwired - March 23, 2017) - Tamarack Valley Energy Ltd. (TSX:TVE) ("Tamarack" or the "Company") is pleased to announce its financial and operating results for the three and twelve months ended December 31, 2016, along with the appointment of Mr. Ian Currie to Tamarack's Board of Directors. 2016 Financial and Operating Highlights Achieved record Q4/16 average production of 11,453 boe/d, up 6% from Q3/16 and up 15% over Q4/15, and grew annual average production by [Read more]

Tamarack Valley Energy Ltd. Announces Filing of 2016 Annual Information Form

CALGARY, ALBERTA--(Marketwired - March 23, 2017) - Tamarack Valley Energy Ltd. (TSX:TVE) ("Tamarack" or the "Company") is pleased to announce it has filed today, March 23, 2017, with Canadian securities authorities its 2016 disclosure documents. Included in the Canadian filings were Tamarack's Annual Information Form ("AIF"), including disclosure and reports related to reserves data and other oil and gas information pursuant to Section 2.1 of National Instrument 51‐101; its Financial Statements; [Read more]