CALGARY, ALBERTA--(Marketwired - March 14, 2017) - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) ("Bonterra" or "the Company") is pleased to announce its operating and financial results for the year ended December 31, 2016. The related financial statements and notes, as well as management's discussion and analysis (MD&A) for the year ended December 31, 2016, are available on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com and on Bonterra's [Read more]
Headlines
Syncrude responding to fire at upgrader at oilsands site in northern Alberta
FORT MCMURRAY, Alta. - One worker was injured in an explosion and fire at a Syncrude Canada oilsands site in northern Alberta on Tuesday. By the evening, Syncrude had sent out a tweet saying the fire at the Mildred Lake upgrader had been isolated and was under control. "All Syncrude personnel and contractors are to report for their night shift as per usual," said the company. Alberta Health Services said emergency medical staff transported one person in serious but stable [Read more]
OSY Rentals’ March Inventory
All equipment is available for rent, purchase, or rental purchase. For any information please feel free to contact Greg Cairns at (780) 806-8700 or greg@osyrentals.com. Or contact Dallas Cairns at (306) 834-4017 or dallas@osyrentals.com New**-25 BBL 50 PSI Platinum Knockout New 25 BBL 50 PSI Knockout Enclosed/Heated/ Skidded 6” Inlet/Outlets Site Glass Internal Coated - Devoe 253 Still Column High Pressure Flare Knockout Drums 30"x72" 5 BBL Flare Knockout Drums [Read more]
Blackbird Energy Inc. Closes Upsized and Over Subscribed Marketed Public Offering of $84.8 Million
CALGARY, ALBERTA--(Marketwired - March 14, 2017) - Blackbird Energy Inc. ("Blackbird" or the "Company") (TSX VENTURE:BBI) is pleased to announce that it has closed its previously announced marketed public offering (the "Offering") through a syndicate of Agents co-led by Cormark Securities Inc., Pareto Securities AS and TD Securities Inc. and also including BMO Capital Markets, Scotia Capital Inc., Haywood Securities Inc., Laurentian Bank Securities Inc., Raymond James Ltd. and Jett Capital [Read more]
Crew Energy Inc. Announces Closing of C$300 Million Senior Notes Offering
CALGARY, ALBERTA--(Marketwired - March 14, 2017) - Crew Energy Inc. (TSX:CR) of Calgary, Alberta ("Crew" or the "Company") announced today the successful closing of its previously announced offering of C$300 million aggregate principal amount of 6.500% senior unsecured notes due March 14, 2024 (the "2024 Notes"). The 2024 Notes were offered in each of the provinces and territories of Canada and in the United States on a private placement basis without the filing of a prospectus or registration [Read more]
A look at the valuation of oil sands asset deals
Last week's massive acquisition of Shell's oil sands assets by Canadian Natural Resources Limited was purchased at comparable metrics to other oil sands deals according to the BOE Report M&A database. CNRL paid Shell $11 billion for approximately 188,000 Bbl/d production for deal metrics of $59,000/BOE/d. Canadian Natural's purchase of Murphy assets (13,800 barrels of production) skewed higher than the play's average because in addition to buying production, CNRL also bought an interest [Read more]
InPlay Oil Corp. Announces 2016 Year End Reserves and an Operations Update
CALGARY, AB--(Marketwired - March 14, 2017) - InPlay Oil Corp. ("InPlay" or the "Company") (TSX: IPO) is pleased to present the results of the Company's independent reserves evaluation (the "Sproule Report") prepared by Sproule Associates Ltd. ("Sproule") effective as of December 31, 2016 and an operations update. In November 2016, InPlay completed a series of transformational transactions including the go-public reverse takeover (the "Arrangement") of Anderson Energy Inc., a "bought deal" [Read more]
Cequence Energy Announces Operational Update, 2016 Financial and Operating Results and Reserves
CALGARY, March 13, 2017 /CNW/ - Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) is pleased to provide an update on its recent operational activities and to announce its year-end reserve evaluation as prepared by its qualified independent reserve evaluator as well as its operating and financial results for the fourth quarter and year ended December 31, 2016. The Company's Consolidated Financial Statements and Management's Discussion and Analysis are available at [Read more]
Cardinal Energy Ltd. Announces Reserves and Fourth Quarter and 2016 Year-End Results
CALGARY, ALBERTA--(Marketwired - March 13, 2017) - Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX:CJ) is pleased to announce its operating and financial results for the quarter and year ended December 31, 2016 as well as its 2016 year end reserves. FINANCIAL AND OPERATING HIGHLIGHTS ($ 000's except shares, per share and operating amounts) Three months ended December 31 Year ended December 31 2016 2015 % Change 2016 2015 % [Read more]
Vermilion Energy Inc. Announces the Closing of its Senior Unsecured Notes Offering
CALGARY, March 13, 2017 /CNW/ - Vermilion Energy Inc. ("Vermilion" or the "Company") (TSX, NYSE: VET) announces the closing of its previously announced private offering of US$300 million senior unsecured notes due 2025 (New Notes). The New Notes have a fixed coupon of 5.625% per annum, to be paid semi-annually on March 15 and September 15, commencing September 15, 2017. The company intends to use the net proceeds from the New Notes to repay a portion of the debt outstanding on its revolving [Read more]