BOE Report

Bellatrix Announces $47 Million Non-Core Asset Sale

CALGARY, Sept. 19, 2016 /PRNewswire/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE) is pleased to announce that it has entered into an agreement with InPlay Oil Corp. ("InPlay") to sell certain non-core Cardium focused assets in the greater Pembina area of Alberta (the "Pembina asset sale") for total consideration of $47 million.  Total consideration is comprised of $42 million cash, and 16,666,666 shares of InPlay with a deemed value of $5 million ($0.30 per [Read more]

National Energy Board grants more time for construction to begin on North Montney Pipeline Project

CALGARY, Sept. 15, 2016 /CNW/ - The National Energy Board (NEB) is extending the date in the sunset clause for the North Montney Pipeline Project to June 10, 2017. The sunset clause said that construction must begin before June 10, 2016 or approval for the project will expire. NOVA Gas Transmission Ltd. (NGTL) wrote to the NEB on March 28, 2016 asking that the sunset clause be extended for one year until June 10, 2017. The North Montney Project would tie into the proposed Prince Rupert Gas [Read more]

Apache Declares Cash Dividend On Common Shares

HOUSTON, Sept. 15, 2016 /PRNewswire/ -- The board of directors of Apache Corporation (NYSE, Nasdaq: APA) has declared the regular cash dividend on the company's common shares. The dividend on common shares is payable Nov. 22, 2016, to stockholders of record on Oct. 21, 2016, at a rate of 25 cents per share. About Apache Apache Corporation is an oil and gas exploration and production company with operations in the United States, Canada, Egypt and the United Kingdom. Apache posts [Read more]

PetroQuest Energy Announces Results Of The Exchange Offers And Consent Solicitation As Of The Extended Early Tender Date

LAFAYETTE, La., Sept. 14, 2016 /PRNewswire/ -- PetroQuest Energy, Inc. (NYSE: PQ) announced today the early participation results of its previously announced private exchange offers (the "Exchange Offers") and consent solicitation (the "Consent Solicitation") to Eligible Holders (as defined below) of its outstanding 10% Senior Notes due 2017 (CUSIP No. 716748 AA6) (the "2017 Notes") and its outstanding 10% Second Lien Senior Secured Notes due 2021 (CUSIP 716748 AE8 / U7167U AB0) (the "2021 [Read more]

PetroQuest Energy Announces Amendment To Support Agreements And Waiver Of Minimum Condition Allowing Existing Tenders To Be Sufficient To Consummate Exchange Offers

LAFAYETTE, La., Sept. 13, 2016 /PRNewswire/ -- PetroQuest Energy, Inc. (NYSE: PQ) announced today that it has entered into an amendment to the support agreements (the "Support Agreements") in favor of its previously announced private exchange offers (the "Exchange Offers") and consent solicitation (the "Consent Solicitation") to Eligible Holders (as defined below) of its outstanding 10% Senior Notes due 2017 (CUSIP No. 716748 AA6) (the "2017 Notes") and its outstanding 10% Second Lien Senior [Read more]

Chesapeake Energy Corporation Announces Extension Of Expiration Date And Increase In Size Of Cash Tender Offers For Non-Convertible Senior Notes

OKLAHOMA CITY, Sept. 13, 2016 /PRNewswire/ -- Chesapeake Energy Corporation (NYSE: CHK) announced today that, with respect to its pending cash tender offers (the "Tender Offers") for the outstanding notes of Chesapeake set forth in the table below (collectively, the "Notes"), it has (1) increased the aggregate purchase price offered for the Notes in the Tender Offers, exclusive of accrued interest, from up to $500,000,000 aggregate purchase price to up to $800,000,000 (the "New Aggregate Maximum [Read more]

Chesapeake Energy Corporation Announces Final Results Of Cash Tender Offers For Contingent Convertible Senior Notes

OKLAHOMA CITY, Sept. 13, 2016 /PRNewswire/ -- Chesapeake Energy Corporation (NYSE: CHK) announced today the expiration and final results of its offers to purchase for cash (the "Tender Offers") up to $750,000,000 aggregate purchase price (exclusive of accrued interest) (the "Aggregate Maximum Purchase Amount"), of the outstanding notes of Chesapeake set forth in the table below (collectively, the "Notes"). As of 11:59 p.m., New York City time, on September 12, 2016 (such date and time, the [Read more]

Hunter Oil Corp. Releases Mid-Year Reserve Evaluation

HOUSTON, TX, Sept. 9, 2016 /PRNewswire/ - Hunter Oil Corp. (TSX-V: HOC; OTCQX: HOILD; CUSIP 44570P201 and ISIN CA44570P2017; 8,070,881 common shares outstanding) (the "Company") is pleased to announce the results of an independent updated evaluation of the Company's oil and gas reserves located in the Permian Basin San Andres formation of the Chaveroo and Milnesand Fields in New Mexico. Since the end of year 2015, the Company has added additional acreage and updated its business model based [Read more]

NextEra Energy Partners, LP announces pricing of offering of common units

JUNO BEACH, Fla., Sept. 9, 2016 /PRNewswire/ -- NextEra Energy Partners, LP (NYSE: NEP) today announced the pricing of a registered underwritten offering of 10,402,000 common units representing limited partner interests in NextEra Energy Partners, LP at a public offering price of $29.48 per common unit. The underwriters have a 30-day option to purchase up to an additional 1,560,300 common units from NextEra Energy Partners. The offering is expected to close on Sept. 14, 2016, subject to [Read more]

RockPile Energy Services Announces Acquisition by White Deer Energy

DENVER, Sept. 8, 2016 /PRNewswire/ -- RockPile Energy Services, LLC ("RockPile" or the "Company"), a subsidiary of Triangle Petroleum Corporation (NYSE MKT: TPLM), today announced the Company has been acquired by White Deer Energy ("White Deer"). Key Highlights: RockPile will move forward with a debt-free balance sheet and adequate capital to fund growth RockPile's Management Team remains intact and committed to growing the Company RockPile and White Deer are mutually committed to growing [Read more]