BOE Report

Prairie Provident Announces Closing of $8 Million Equity Financing

CALGARY, ALBERTA--(Marketwired - March 16, 2017) - Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX:PPR) is pleased to announce the closing of its previously announced bought deal equity financing through a syndicate of underwriters (the "Underwriters") led by Mackie Research Capital Corporation ("MRCC") raising total gross proceeds of approximately $8.0 million (the "Offering"). The Company issued 5,971,000 subscription receipts ("Subscription Receipts") at a [Read more]

Spartan Energy Corp. Announces 2016 Fourth Quarter and Year End Results

CALGARY, ALBERTA--(Marketwired - March 16, 2017) - Spartan Energy Corp. ("Spartan" or the "Company") (TSX:SPE) is pleased to report its financial and operating results for the fourth quarter and year ended December 31, 2016. Selected financial and operational information is set out below and should be read in conjunction with Spartan's December 31, 2016 audited annual financial statements and the related management's discussion and analysis ("MD&A"). The financial statements and MD&A are [Read more]

Sunshine Oilsands Ltd.: Placing of Up to 247,350,000 New Shares Under General Mandate

HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - March 16, 2017) - The Board of Directors (the "Board") of Sunshine Oilsands Ltd. (a corporation incorporated under the Business Corporations Act of the Province of Alberta, Canada with limited liability) (the "Corporation" or "Sunshine") (HKSE:2012) is pleased to announce the following: PLACING OF NEW SHARES UNDER GENERAL MANDATE (a) The Placing On March 16, 2017 in Hong Kong (March 16, 2017 in Calgary), the Corporation entered into [Read more]

Relentless Resources Ltd. Announces Heathdale Drilling Results

CALGARY, ALBERTA--(Marketwired - March 16, 2017) - Relentless Resources Ltd. ("Relentless" or "the Company") (TSX VENTURE:RRL) announces that it has drilled and completed the 100/6-12-27-10 W4 ("6-12 well") vertical and 102/5-7-27-9W4 ("02/5-7 well") horizontal wells at Heathdale, Alberta. The 02/5-7 horizontal oil well was drilled in eight days to a total measured depth of 2,375m. The well was perforated over 23 intervals and fracture stimulated using a coil tubing straddle packer assembly. [Read more]

Delphi Energy Corp. Reports 2016 Year End Results, Reserves and Provides Operations Update

CALGARY, ALBERTA--(Marketwired - March 15, 2017) - Delphi Energy Corp. (TSX:DEE) ("Delphi" or the "Company") is pleased to announce its financial and operational results, crude oil and natural gas reserves information for the year ended December 31, 2016 and an operations update. 2016 HIGHLIGHTS Achieved a Company record low finding and development cost ("F&D") for proved producing reserves in 2016 of $10.17 per barrel of oil equivalent ("boe"). Including dispositions in the year [Read more]

Traverse Energy Operations Update and 2016 Year End Reserves

CALGARY, ALBERTA--(Marketwired - March 15, 2017) - Traverse Energy Ltd. ("Traverse" or "the Company") (TSX VENTURE:TVL) provides an operations update and presents its 2016 year-end reserves. Traverse's independent reserve report, dated February 21, 2017, was prepared by Sproule Associates Limited ("Sproule") in accordance with National Instrument 51-101 effective December 31, 2016. Operations update In 2016 Traverse reduced its capital program in response to the continuing weak commodity [Read more]

Enbridge Income Fund Holdings Inc. Announces Monthly Dividend

CALGARY, ALBERTA--(Marketwired - March 15, 2017) - Enbridge Income Fund Holdings Inc. (TSX:ENF) (the Company) announced today that its Board of Directors has declared a cash dividend of $0.1711 per common share (Share) to be paid on April 17, 2017 to shareholders of record at the close of business on March 31, 2017. This dividend is designated eligible dividends for Canadian tax purposes that qualify for the enhanced dividend tax credit. Eligible shareholders may participate in the [Read more]

Zargon Oil & Gas Ltd. Provides 2016 Fourth Quarter and Full Year Financial Results

CALGARY, ALBERTA--(Marketwired - March 15, 2017) - Zargon Oil & Gas Ltd. ("Zargon" or the "Company") (TSX:ZAR)(TSX:ZAR.DB) HIGHLIGHTS FROM THE FOURTH QUARTER AND YEAR ENDED DECEMBER 31, 2016 For calendar 2016, funds flow from operating activities of $3.50 million ($0.11 per basic share) was 86 percent lower than the $24.14 million ($0.80 per basic share) recorded in the prior year. For the fourth quarter 2016, funds flow from operating activities were $0.86 million ($0.03 per basic [Read more]

Painted Pony Announces Strategic Montney Acquisition and $100 Million Equity Financing

CALGARY, ALBERTA--(Marketwired - March 15, 2017) - Painted Pony Petroleum Ltd. ("Painted Pony" or the "Corporation") (TSX:PPY) is pleased to announce that it has entered into a share purchase agreement (the "Agreement") to acquire all of the issued and outstanding shares of UGR Blair Creek Ltd. ("UGR") (the "Acquisition"), a privately held 100% controlled subsidiary of Unconventional Resources Canada, LP ("URC"), a portfolio investment held in certain private equity funds advised by ARC [Read more]

TransGlobe Energy Corporation Announces New Director Appointments

CALGARY, ALBERTA--(Marketwired - March 15, 2017) - TransGlobe Energy Corporation ("TransGlobe") (TSX:TGL)(NASDAQ:TGA) is pleased to announce the appointment of Mr. Matthew Brister and Mr. Steve Sinclair to its Board of Directors effective March 15th, 2017. Mr. Brister is an independent businessman and corporate director with more than 40 years' experience in the energy sector in Western Canada, North Africa and the North Sea. Mr. Brister is Chairman of Chinook Energy Inc. having previously [Read more]