BOE Report

Briko Energy Corp. Announces 2019 Financial and Operating Results and Activity Update

Calgary, Alberta -  Briko Energy Corp. ("Briko" or the "Corporation") is pleased to report its financial and operating results for the three months and year ended December 31, 2019 along with an activity update. Financial and operational information is set out below and should be read in conjunction with Briko's December 31, 2019 audited annual financial statements and the related management's discussion and analysis ("MD&A"). In addition, the Corporation today announces the filing of its [Read more]

Bonavista Energy Corporation Provides Financial Update

Calgary, Alberta - Bonavista Energy Corporation (TSX: BNP) ("Bonavista" or the "Company") announces that the Company, its banking syndicate (the "Lenders"), and the holders (the "Noteholders") of the Company's senior unsecured notes have been actively negotiating the reorganization of the Company's debt maturities and related interim arrangements. In connection with such matters, the Lenders continue to allow the Company access to the swing line loan facility effective as of March 20, 2020 [Read more]

Kelt Announces Results of Shareholders' Meeting and Provides Corporate Update

Calgary, Alberta - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") is pleased to announce that all matters presented for approval at the Annual Meeting of Shareholders held on April 22, 2020 have been fully authorized and approved. A total of 114,994,030 common shares, representing 61.23% of the common shares issued and outstanding, were represented in person or by proxy at the meeting. A brief description of the matters voted upon and the outcome of the votes is set forth [Read more]

Hemisphere Energy Provides Corporate Update and Announces 2019 Fourth Quarter and Year-end Financial and Operating Results

Vancouver, British Columbia -  Hemisphere Energy Corporation (TSXV: HME) ("Hemisphere" or the "Company") is pleased to provide a corporate update and announce its financial and operating results for the fourth quarter and year ended December 31, 2019. Corporate Update and Outlook In recent months, COVID-19 has had an unprecedented impact on the global economy as countries have locked down their citizens in an attempt to stop the spread of the virus. This instantaneous loss in demand for [Read more]

Chinook Energy Completes Plan of Arrangement

Calgary, Alberta - Chinook Energy Inc. (TSX: CKE) ("Chinook") is pleased to announce that it has completed its previously announced plan of arrangement (the "Arrangement") pursuant to which Tourmaline Oil Corp. acquired all the issued and outstanding common shares of Chinook ("Chinook Shares") for cash consideration of $0.0675 per Chinook Share or approximately $15 million in aggregate, exclusive of assumed debt. The Chinook Shares will be delisted from the Toronto Stock Exchange within two to [Read more]

Chinook Energy Inc. Announces Shareholder and Court Approval for Plan of Arrangement

Calgary, Alberta - Chinook Energy Inc. (TSX: CKE) ("Chinook") is pleased to announce that today it received shareholder and court approval for the previously announced plan of arrangement (the "Arrangement") pursuant to which Tourmaline Oil Corp. ("Tourmaline") will acquire all the issued and outstanding common shares of Chinook. Pursuant to the Arrangement, Chinook shareholders will receive $0.0675 cash for each common share of Chinook held. The Arrangement was approved by shareholders of [Read more]

Tamarack Valley Energy Ltd. Announces Appointment of New Board Member and Provides Information Regarding Annual Meeting of Shareholders

Calgary, Alberta -  Tamarack Valley Energy Ltd. (TSX: TVE) ("Tamarack" or the "Company") is pleased to announce the appointment of Ms. Marnie Smith to the Company's Board of Directors (the "Board") effective April 3, 2020. In addition, the Company provides information regarding its upcoming annual general and special meeting of shareholders (the "Meeting") in response to public health and safety advisories regarding COVID-19. Board of Directors Appointment Tamarack is pleased to announce [Read more]

Kelt Provides Update Regarding Its Annual Shareholders Meeting and Provides an Operations Update Including Cost-Cutting Measures

Calgary, Alberta -  Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") announced today that its upcoming Annual Meeting of Shareholders ("Shareholders Meeting") will now be held at the Company's head office at Suite 300, 311 Sixth Avenue SW, Calgary, Alberta. The Shareholders Meeting date will continue to be on Wednesday, April 22, 2020 at 3:00 PM Mountain Daylight Time. Due to the unprecedented public health impact of the coronavirus disease ("COVID-19") and the restrictions on mass [Read more]

PetroFrontier Corp. Announces Proposed Funding Update

Calgary, Alberta -   PetroFrontier Corp. (TSXV: PFC) ("PetroFrontier" or the "Company") announces the following: Previously Announced Proposed Funding PetroFrontier advises that the parties involved in the proposed funding transaction announced on October 10, 2019 (the "Proposed Funding") have formally terminated their discussions pertaining to completing the Proposed Funding. Subject to the approval of TSX Venture Exchange, the Company expects trading in the common shares of [Read more]

Altima Announces Completion of Acquisition of Crimson Oil and Gas Ltd., and Provides Project Update

Vancouver, British Columbia -  Altima Resources Ltd. (TSXV: ARH) (the "Company" or "Altima") announces it has completed the acquisition from Crimson Energy Ltd. ("Crimson") of all of the issued and outstanding shares in the capital stock of Crimson Oil and Gas Ltd. ("COGL"), a private Alberta corporation wholly owned by Crimson (the "Acquisition"). Refer to News Releases dated September 18, 2018, February 13, 2019 and March 28, 2019. In consideration for the acquisition, the Company has [Read more]