Calgary, Alberta--(Newsfile Corp. - May 29, 2017) - Daniel Gundersen and Kingsway Financial Services Inc. (together, the "Concerned Shareholders") announce today that their information circular (the "Circular") and BLUE form of proxy have been mailed to all shareholders of Eagle Energy Inc. ("Eagle" or the "Company"; TSX: EGL) in connection with Eagle's annual general meeting scheduled to be held at 10:00 a.m. (Calgary time) on Tuesday, June 27, 2017 (the "Meeting"). A copy of the Circular is [Read more]
Headlines
Crown Capital Partners Announces $30 Million Term Loan with Marquee Energy Ltd.
CALGARY, May 31, 2017 /CNW/ - Crown Capital Partners Inc. ("Crown" or "the Corporation") (TSX: CRWN), which provides growth capital to successful mid-market companies, today announced the closing of a $30 million special situations term loan (the "Agreement") with Marquee Energy Ltd. ("Marquee") (TSXV: MQX). Marquee is a Calgary-based company engaged in the acquisition, exploration, development and production of petroleum and natural gas reserves focused in western Canada. Marquee's [Read more]
Marquee Energy Ltd. Announces Strategic Financing Transaction and Expanded 2017 Capital Program
CALGARY, AB--(Marketwired - May 30, 2017) - Marquee Energy Ltd. ("Marquee" or the "Company") (TSX VENTURE: MQX) is pleased to announce key steps that have been taken to increase growth, value and liquidity. The Company has entered into a term loan with Crown Capital Fund IV, LP ("Crown Capital"), an investment fund managed by Crown Capital Partners Inc. and has closed a new credit facility with a major Canadian bank (the "Credit Facility"). This will allow the Company to expand its capital [Read more]
Marksmen Announces Consolidated Financial Results for the Quarter Ended March 31, 2017
CALGARY, ALBERTA--(Marketwired - May 30, 2017) - Marksmen Energy Inc. ("Marksmen" or the "Company") (TSX VENTURE:MAH)(OTCQB:MKSEF) and its wholly owned subsidiary Marksmen Energy USA, Inc. announces financial results for the interim period ended March 31, 2017. The following documents have been filed on SEDAR: Financial Statements Management's Discussion and Analysis ("MD&A") Form 52-109FV2 Certificate of Interim Filings - CEO Form 52-109FV2 Certificate of Interim Filings - [Read more]
New Oil and Gas Jobs From BOE Report Jobs
Here are the latest oil and gas job postings courtesy BOE Report Jobs. To search and filter all the latest jobs, visit the BOE Report job board. All job listings are free to post for companies. Sign up to create an account to post jobs; it’s simple and easy to use. May. 29 Ironworker Strike Energy Fort Saskatchewan May. 29 Warehouse Technician Canadian Natural Resources Nisku May. 29 Civil Designer/Drafter - Contract Canadian Natural Resources Calgary May. [Read more]
Going public: A look at some of the biggest Canadian IPOs by value since 2000
TORONTO - Rarely has an IPO drawn as much political attention as Kinder Morgan's sale of its Canadian unit, a deal designed to fund the Trans Mountain pipeline expansion. At $1.75 billion, the public market debut of Kinder Morgan Canada (TSX:KML) is on track to be the fourth most valuable in Canadian history. Here's a look back at some of the biggest IPOs in Canada since Manulife Financial went public for $2.49 billion in 1999. The figures, based on data provided by Thomson Reuters, [Read more]
Rachel Notley’s chickens have come home to roost
The BC NDP, backed by the Green Party, will form a government that will devastate several segments of Western Canada's oil and gas industry - at a time when the industry is still in bad shape. Mission number one for the anti-industry parties is to take all measures possible to stop the Kinder Morgan Trans Mountain Pipeline Expansion. Ultimately, this will add another layer to a situation where several jurisdictions (including the City of Vancouver) have already vowed to fight, to the point of [Read more]
Five-year plan provides Husky Energy growth despite modest crude oil prices
CALGARY - Husky Energy (TSX:HSE) released a new five-year plan Tuesday that braces for lower oil prices while forecasting average production to grow by nearly five per cent annually. The Calgary-based company said it will aim to reduce its break-even price point by 2021 to US$32 per barrel from the current US$33.50. Crude settled Tuesday at $49.66 per barrel. "Over the next five years we see average production growth of about 4.8 per cent annually, approaching 400,000 barrels (of [Read more]
‘Mark my words:’ Alberta’s Notley says pipeline coming no matter B.C. politics
EDMONTON - Alberta Premier Rachel Notley wants everyone to mark her words: the Trans Mountain pipeline expansion will go ahead to deliver her province's oil to the West Coast and jobs to British Columbia. Notley says she doesn't believe it makes much difference who is running B.C., because the federal government has already approved the Kinder Morgan (TSX:KML) project. "The decision has been taken," she said Tuesday when asked about the pipeline as she was announcing a new [Read more]
B.C. NDP’s Horgan gathers caucus to ratify deal to govern with help of Greens
VICTORIA - British Columbia's New Democrats and Greens signed a four-year political manifesto Tuesday with a long list of ambitions to run the province, including a new voting system and a ban on corporate and union donations. It also seeks to stop the Kinder Morgan's $7.4 billion pipeline expansion project and require further reviews of the $8.8 billion Site C hydroelectric dam. But the unprecedented political agreement for an NDP minority government will have to wait until [Read more]