Year-End 2016 Reserves of 124 MMBoe Fully Conforming Borrowing Base HOUSTON--(BUSINESS WIRE)--Swift Energy Company (OTCQX: SWTF) announced today it had filed its year-end 2016 Form 10-K, which can be found in the Investor Relations section of the Company’s website. Additionally, the Company announced today (in a preceding news release) the appointment of Sean Woolverton as Chief Executive Officer, effective March 1, 2017. [Read more]
Archives for February 2017
Barnwell of Canada, Limited Peace River Arch Property Offering
Barnwell of Canada, Limited has retained CB Securities Inc. as its exclusive advisor for the sale of several of its properties in the Peace River Arch area with aggregate production of 190 BOE/day. This is an invitation to submit a Non-Binding Bid for any of the properties by April 6, 2017. Progress/Valhalla - Twp 76&77 Rge 9 W6M Current net production is 141 BOE/day (~40% light oil) from mostly high working interest vertical Triassic producers Upside: Doig horizontal development [Read more]
Is there an easier way to fund the Orphan Well Association?
The Orphan Well Association (OWA) is a government created group that abandons and reclaims old wellbores/facilities. Recently in this deep commodity down cycle, they have been bombarded with new entities from defunct operators. Its very common to hear individuals saying, “its going to be up to Albertan tax payer to clean up oil companies’ mess." This couldn’t be further from the truth because the OWA is 100% funded by Alberta oil and gas licensees. The 2017 OWA budget is $30,000,000 (split [Read more]
Judge to hear arguments on Dakota Access oil pipeline work
WASHINGTON - A federal judge said Tuesday that he'll decide within a week whether to temporarily halt construction of the final section of the Dakota Access pipeline over claims that it violates the religious rights of two Indian tribes. U.S. District Judge James Boasberg told lawyers at a hearing that he wants to issue a ruling before oil begins flowing in the pipeline, which could be weeks away. Boasberg is considering a request by the Standing Rock and Cheyenne River Sioux [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 here to create an account to post jobs; it’s simple and easy to use. Feb. 27 Oil & Gas Field Operator - Karr Creek, AB Roska DBO Karr Creek Feb. 24 Remote Gas Plant Operators - Fort Nelson, BC Roska DBO Fort Nelson Feb. 24 Receptionist Canadian Natural [Read more]
Painted Pony Announces 4.9 TCFE of Proved Plus Probable Reserves, 102% Increase in Proved Developed Producing Reserves, 2016 Year End Financial and Operating Results, and Operational Update
CALGARY, Feb. 27, 2017 /CNW/ - Painted Pony Petroleum Ltd. ("Painted Pony" or the "Corporation") (TSX: PPY) is pleased to announce strong finding and development ("F&D") costs, the third consecutive year of per Mcfe cash cost reductions, a 95% increase to funds flow from operations for 2016, further decreases in per-well capital expenses, and record-high production volumes during the fourth quarter of 2016. 2016 Reserve Highlights: Increased Total Proved ("1P") reserves by 31% to 2.7 [Read more]
B.C. approves expansion of TransCanada’s natural gas pipeline
VICTORIA - The provincial government has approved the proposed expansion of a natural gas pipeline in northeastern British Columbia. The province says it has issued an environmental assessment certificate for TransCanada's (TSX:TRP) Towerbirch expansion project, which carries natural gas from B.C. across North America. The line stretches 87 kilometres from near Dawson Creek and into northern Alberta. TransCanada says in a statement that pipelines in the area currently [Read more]
Suncor Energy announces redemption of notes
CALGARY, ALBERTA--(Marketwired - Feb. 27, 2017) - Suncor today announced that it has given notice to The Bank of New York Mellon (the "Trustee") that it is redeeming its outstanding US$1.25 billion 6.10% senior unsecured notes due 2018 (the "Notes"). A notice of redemption will be sent to the holders of the Notes. The redemption date will be April 26, 2017 and the redemption price will be paid in accordance with the indenture governing the Notes. "This announcement is evidence of our ongoing [Read more]
Encana files 2016 year-end disclosure documents
CALGARY, AB--(Marketwired - February 27, 2017) - (TSX: ECA) (NYSE: ECA)Encana Corporation announced today that it filed its Annual Report on Form 10-K for the year ended December 31, 2016, which includes its audited consolidated financial statements and management's discussion and analysis, with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities. Encana has also filed its Form 51-101F1 for the year ended December 31, 2016, which includes the disclosure [Read more]
Front Range Reports Fiscal Year-End Reserves at December 31, 2016
CALGARY, AB--(Marketwired - February 27, 2017) - Front Range Resources Ltd. ("Front Range" or the "Company") (TSX VENTURE: FRK) reports the results of its December 31, 2016 Reserves Assessment and Evaluation of its oil and gas properties, as evaluated by GLJ Petroleum Consultants Ltd. ("GLJ") in accordance with National Instrument 51-101 -- Standards of Disclosure for Oil and Gas Activities and the COGE Handbook. A summary of the Company's reserves volumes according to reserve category as at [Read more]
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