Canada – Page 150 – Oil & Gas 360

Blackbird Energy Announces Land Aggregation

April 9, 2015

Blackbird Energy Announces Further Strategic Montney Land Aggregation Blackbird Energy Inc. (“Blackbird“) is pleased to announce that it has acquired a 100% working interest in twelve additional sections (7,680 net acres) of Elmworth Montney rights (the “Acquisition“). The Acquisition represents a 17% increase in the Company’s Elmworth Montney land position. With the completion of the Acquisition, Blackbird now holds a

Pan Orient Announces FY 2014 Results

April 9, 2015

Pan Orient Energy Corp.: 2014 Year End Financial & Operating Results Pan Orient Energy Corp. (“Pan Orient”) (TSX VENTURE:POE) reports 2014 year-end and fourth quarter consolidated financial and operating results. Please note that all amounts are in Canadian dollars unless otherwise stated and BOPD refers to barrels of oil per day net to Pan Orient unless otherwise stated. The Corporation

Inter Pipeline Announces Cash Dividend

April 9, 2015

Inter Pipeline Announces April 2015 Cash Dividend Inter Pipeline Ltd. (“Inter Pipeline”) (TSX:IPL) announced today the declaration of a cash dividend of $0.1225 per share for April 2015. This dividend will be paid on or about May 15th, 2015 to shareholders of record on April 22nd, 2015. This dividend is designated as an “eligible dividend” for Canadian tax purposes. Since

Talisman Declares Dividend

April 9, 2015

Talisman Declares Dividend On Common Shares Talisman Energy Inc. (TLM.TO) (TLM.TO) announced today that the company has declared a dividend on the company’s common shares of US$0.1125 per share. The dividend will be paid on April 29, 2015 to shareholders of record at the close of business on April 20, 2015. This is the dividend which was previously anticipated to

Strategic Oil & Gas Fueled by Netbacks, Infrastructure in the Marlowe

April 8, 2015

Strategic Oil & Gas (ticker: SOG.TO), a Canadian exploration and production company based in Calgary, Alberta, announced year-over-year increases to both its production and proved + probable reserves in its Q4’14 earnings release. Volumes for fiscal 2014 averaged 3,462 BOEPD and 2P reserves reached 13.9 MMBOE, representing respective increases of 6% and 9%. The Marlowe formation, located in northern Alberta,

DeeThree Announces Corporate Reorganization

April 7, 2015

DeeThree Exploration Ltd. Announces Corporate Reorganization to Create Two Oil-Focused Companies DeeThree Exploration Ltd. (DTX.TO) (“DeeThree” or the “Company“) is pleased to announce that its Board of Directors has unanimously approved the reorganization of DeeThree to create two, focused and independent, publicly traded energy companies – one, a sustainable growth-focused light-oil company centered around DeeThree’s Belly River development in the

Bonterra Announces Borrowing Base Increase

April 7, 2015

Bonterra Energy Corp. Announces Borrowing Base Increase Following Annual Banking Review Bonterra Energy Corp. (www.bonterraenergy.com) (BNE.TO) (“Bonterra” or “the Company”) is pleased to announce today that following its annual banking review, certain amendments to the existing credit agreement dated April 29, 2009 between the Company and its syndicate of lenders (the “Lenders”), have been agreed to. Based on the terms

Parex Operational Update

April 6, 2015

Parex Operational Update: Q1 Production 26,700 bopd and Plans for Drilling Activity Increase in 2015 Parex Resources Inc. (“Parex” or the “Company“) (PXT.TO), provides an operational update that confirms Q1 2015 production of 26,700 bopd and announces the start of its 2015 exploration program. All amounts herein are in United States dollars (USD). Exploration & Production Update: Oil production for Q1 2015

Suncor provides update on cost management program and operations

April 2, 2015

CALGARY, ALBERTA–(Marketwired – April 1, 2015) – Suncor Energy today provided an update on its progress on cost management measures in response to the low crude price environment, as well as an update on operations. Since the cost management program was announced in January, the company has made significant progress on its cost reduction initiatives. Suncor now expects that the

Perpetual Announces Closing of $258 million Swap Deal

April 2, 2015

Perpetual Energy Inc. Announces Closing of Swap of West Edson Property for 6.75 Million Tourmaline Shares With Market Value of $258.7 Million and Updates Borrowing Base on Credit Facility Perpetual Energy Inc. (“Perpetual”, the “Corporation” or the “Company”) is pleased to announce the closing of the previously announced swap with Tourmaline Oil Corp. (“Tourmaline”) to exchange its joint interest share

Strategic Announces YE’14 Financial and Operating Results

April 2, 2015

Strategic Oil & Gas Ltd. Announces Year-End 2014 Financial and Operating Results CALGARY, ALBERTA–(Marketwired – Apr 2, 2015) – Strategic Oil & Gas Ltd. (“Strategic” or the “Company”) (TSX VENTURE:SOG) reports financial and operating results for the three months and year ended December 31, 2014. Detailed results are presented in Strategic’s annual consolidated financial statements, related Management’s Discussion and Analysis

Baytex Closes $630 Million Deal

April 2, 2015

Baytex Closes $632.5 Million Bought Deal Financing Baytex Energy Corp. (“Baytex”) (BTE.TO) (BTE.TO) has closed the previously announced bought deal financing (the “Equity Financing”). Baytex issued 36,455,000 common shares (the “Common Shares”), including 4,755,000 common shares pursuant to the full exercise of the over-allotment option, at a price of $17.35 per share for aggregate gross proceeds of approximately $632.5 million.

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