CALGARY, ALBERTA--(Marketwired - May 25, 2017) - Razor Energy Corp. ("Razor" or the "Company") (TSX VENTURE:RZE) (www.razor-energy.com) is pleased to announce the closing of the previously announced strategic acquisition of light oil assets located in west central Alberta (the "Assets") for cash consideration of $9.6 million, subject to customary adjustments (the "Acquisition"). The Assets, situated within Razor's core area, are characterized by low decline, light oil focused production, which [Read more]
Headlines
Delphi Energy Corp. Announces Financing With Strategic Partner to Further Accelerate Growth at its Bigstone Montney Asset
CALGARY, Alberta, May 24, 2017 (GLOBE NEWSWIRE) -- Delphi Energy Corp. (“Delphi” or the “Company”) is pleased to announce that it has entered into agreements with investors for a $65 million financing transaction (the “Financing Transaction”), comprised of a $35 million equity offering (the "Equity Offering") and a $30 million principal amount of 10% senior secured Collateralized Exchange ListedTM (“CELTM”) Notes (the “Notes Offering”). A syndicate of agents, led by Raymond James Ltd. and [Read more]
Rex Murphy: Liberal recommendation to change the National Energy Board is political dynamite
The Liberal government's recommendation to shutter the National Energy Board and replace it with two new agencies is political dynamite according to Rex Murphy. [Read more]
Point Loma Resources Announces Investment Agreement with Evenergy Company Limited for proceeds of $4,020,000
CALGARY, AB--(Marketwired - May 24, 2017) - Point Loma Resources Ltd. (TSX VENTURE: PLX) (the "Corporation" or "Point Loma") is pleased to announce an investment agreement with Evenergy Company Limited ("Evenergy") for Evenergy to acquire 8,375,000 common shares of Point Loma for $4,020,000 representing a purchase price of $0.48 per share (the "Investment"). Highlights The Investment is expected to close in two tranches subject to certain regulatory approvals; The first tranche is [Read more]
Manitok Energy Inc. Announces Amended Terms for the Lease Issuance and Drilling Commitment Agreement
CALGARY, ALBERTA--(Marketwired - May 24, 2017) - Manitok Energy Inc. (the "Corporation" or "Manitok") (TSX VENTURE:MEI) is pleased to announce amended terms of its Lease Issuance and Drilling Commitment Agreement (the "Agreement") with an Alberta based royalty company (the "Company"). Summary of the key terms of the revised Agreement are as follows: In the amended Agreement, Manitok has agreed to: the early surrender of approximately 148,000 acres of undeveloped leased lands located [Read more]
Canadian Natural Resources Limited Prices US$3.0 Billion in 5.5, 10 and 30 Year Unsecured Notes
CALGARY, ALBERTA--(Marketwired - May 23, 2017) - Canadian Natural Resources Limited ("Canadian Natural" or the "Company") (TSX:CNQ)(NYSE:CNQ) announces that on May 23, 2017, it priced the following US$ unsecured notes: Note / Coupon Principal Maturity Price per Note Yield to Maturity 5.5 year / 2.95% US$1,000,000,000 January 15th, 2023 US$99.853 2.978 % 10 year / 3.85% US$1,250,000,000 June 1st, 2027 US$99.696 3.887 % 30 year / 4.95% US$750,000,000 June [Read more]
Canadian Natural Resources Limited Prices C$1.8 Billion in 3, 9.5 and 30 Year Medium-Term Notes
CALGARY, ALBERTA--(Marketwired - May 23, 2017) - Canadian Natural Resources Limited (TSX:CNQ)(NYSE:CNQ) ("Canadian Natural" or the "Company") announces that on May 23, 2017, it priced the following medium term notes to be sold to investors in Canada: Note / Coupon Principal Maturity Price per Note Yield to Maturity 3 year / 2.05% $900,000,000 June 1st, 2020 C$99.977 2.058% 9.5 year / 3.42% $600,000,000 December 1st, 2026 C$100.00 3.420% 30 year / [Read more]
Marquee Energy Ltd. Provides Operational Update
CALGARY, AB--(Marketwired - May 23, 2017) - Marquee Energy Ltd. ("Marquee" or the "Company") (TSX VENTURE: MQX) is pleased to provide an update for its Q1 2017 drilling program at Michichi. Three Banff horizontal light oil wells were drilled, completed and tied in from a single pad location for an average total cost of $1.79 million each. The wells began production the first week of April with an average IP30 of 231 boe/d per well based on field estimates. The wells are continuing to clean-up [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. 23 Chief Financial Officer Tiger Eye Energy Ltd. Calgary May. 19 Water Transfer Technician Canyon Technical Services Fort St. John May. 19 Supervisor, Water Transfer Canyon Technical Services Fort St. [Read more]
Don’t write off Canada just yet – emerging east Duvernay oil play starting to attract big attention and big money
Pack up kids, we’re moving to Trochu. No, there’s no water park but something way better. An exciting new light oil play is unfolding an hour northeast of Calgary. Excitement over new plays is not that common anymore. Resource plays have taken over the headlines, large deposits that have been well documented but have become feasible fairly recently with new technological developments. In Canada over the past number of years, the Montney and Kaybob Duvernay plays have recieved most of the [Read more]