BOE Report

Toro Oil & Gas Ltd. Announces 139% Increase to 2015 Year End Reserves – Toro Continues to Build Value

CALGARY, March 3, 2016 /CNW/ - Toro Oil & Gas Ltd. (TSXV: TOO) ("Toro" or the "Company") is pleased to announce the results of its independent reserve evaluation by Sproule Associates Limited ("Sproule") as of December 31, 2015 and dated February 26, 2016 (the "Sproule Report").  The Sproule Report reinforces Toro's ability to build shareholder value. Highlights include: Total Proved plus Probable ("2P") reserves per share growth of 63% with production per share growth of 150%, [Read more]

Cathedral Energy Services reports results for 2015 Q4

/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/ CALGARY, March 2, 2016 /CNW/ - Cathedral Energy Services Ltd. (the "Company" or "Cathedral" / TSX: CET) announces its consolidated financial results for the three and nine months ended December 31, 2015 and 2014.  Dollars in 000's except per share amounts. This news release contains "forward-looking statements" within the meaning of applicable Canadian securities laws.  For a full disclosure of forward-looking statements and the [Read more]

Painted Pony announces 4.6 Tcfe of Proved Plus Probable reserves, 2.0 Tcfe of Proved Reserves and 2015 Operating and Financial Results

CALGARY, March 2, 2016 /CNW/ - Painted Pony Petroleum Ltd. ("Painted Pony" or the "Corporation") (TSX: PPY) continues to deliver industry leading finding and development costs ("F&D") while building substantial reserves and value for shareholders. The Corporation is a BC Montney natural gas producer with production expected to rapidly increase to a 2016 exit rate in excess of 240.0 MMcfe/d (40,000 Boe/d). This production increase is made possible through the commissioning of the AltaGas [Read more]

Perpetual Energy Inc. Releases Fourth Quarter and Year-End 2015 Financial and Operating Results and 2015 Year-End Reserves

CALGARY, March 2, 2016 /CNW/ - (TSX:PMT) – Perpetual Energy Inc. ("Perpetual", the "Corporation" or the "Company") herein reports its fourth quarter and year end 2015 financial and operating results together with a summary of the Company's year-end 2015 reserves as reported by the independent engineering firm McDaniel and Associates Consultants Ltd. ("McDaniel"). A complete copy of Perpetual's audited consolidated financial statements, Management's Discussion and Analysis ("MD&A") and [Read more]

Whitecap Resources Inc. Announces Fourth Quarter and Year End 2015 Results and Provides Operational Update

CALGARY, March 2, 2016 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to report its operating and audited financial results for the year ended December 31, 2015. Selected financial and operating information is outlined below and should be read with Whitecap's audited consolidated financial statements and related Management's Discussion and Analysis ("MD&A") and Annual Information Form ("AIF") which will be available at www.sedar.com and on our website [Read more]

Ikkuma Resources Provides Correction to 2015 Year-end Reserves News Release

TSX Venture Exchange: IKM CALGARY, March 2, 2016 /CNW/ - Ikkuma Resources Corp. ("Ikkuma" or the "Corporation") announces a correction to its press release entitled "Ikkuma Resources Announces 2015 Year-end Reserves" disseminated today at 5:00 a.m. ET regarding the announcement of its 2015 year-end reserves. The news release should have read that Ikkuma's recompletion program accounted for $16.7 million (instead of $21.4 million or 61%) of total exploration and development expenditures and [Read more]

Bilton Welding and Manufacturing Ltd. Expands to Vancouver

VANCOUVER, March 2, 2016 /CNW/ - Bilton Welding and Manufacturing Ltd. has recently opened a new location in Vancouver, which will operate as Bilton BC. This expansion will help Bilton better serve its customers and diversify its portfolio. This strategic initiative will open up additional revenue streams in Canadian markets such as mining and forestry, and will provide improved access to export markets. "This expansion achieves three things for us. First, it will help us to better serve our [Read more]

Ikkuma Resources Announces 2015 Year-end Reserves

TSX Venture Exchange: IKM CALGARY, March 2, 2016 /CNW/ - Ikkuma Resources Corp. ("Ikkuma" or the "Corporation") is pleased to announce its 2015 year-end reserves. 2015 Highlights Ikkuma achieved relatively flat PDP reserves at 14.4 MMBoe, increased 1P reserves to 20.0 MMboe and increased 2P reserves 7% to 27.5 MMboe, even with reducing its 2015 capital spending by 25% in response to weakening commodity prices. Achieved 1P F&D of $8.95/boe and 2P F&D of $7.27/boe despite [Read more]

National Business Book Award Unveils Long List

TORONTO, March 1, 2016 /CNW/ - The long list for the National Business Book Award, one of Canada's most prestigious literary awards, was announced today by co-sponsors PwC Canada and BMO Financial Group.  The long list authors will vie for a $30,000 prize that will be awarded on April 21, 2016, to the author of the most outstanding Canadian business-related book published in 2015. This year's submissions cover a range of topics that reflect the conversations that are going on in [Read more]