BOE Report

Keyera Corp. Announces Year End 2015 Results

CALGARY, Feb. 10, 2016 /CNW/ - Keyera Corp. (TSX:KEY) announced its 2015 year end results today, the highlights of which are included in this news release. The entire news release can be viewed by visiting Keyera's website at www.keyera.com or, to view the MD&A and financial statements, visit either Keyera's website or the System for Electronic Document Analysis and Retrieval at www.sedar.com. HIGHLIGHTS  Keyera had a record year, generating adjusted earnings before interest, taxes, [Read more]

Bellatrix Announces Director Resignation

CALGARY, Feb. 10, 2016 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE) announces that Daniel Lewis has resigned from the Board of Directors of the Company effective immediately. Mr. Lewis has resigned from the Board of Directors of the Company in connection with the recent announcement by Orange Capital LLC ("Orange Capital") of its intention to close its investment fund. As Managing Partner of Orange Capital, Mr. Lewis has determined that resignation from the [Read more]

Hemisphere Energy provides operational and corporate updates

VANCOUVER, Feb. 9, 2016 /CNW/ - Hemisphere Energy Corporation (TSX-V: HME) ("Hemisphere" or the "Company") is pleased to provide operational and corporate updates. Operational Update Over the past year, Hemisphere has focused its efforts in the field on lowering operating costs, increasing fluid handling capacity inJenner, and implementing enhanced oil recovery projects in Atlee Buffalo to increase reserves and production without incurring higher expenditures drilling new wells. Despite [Read more]

Surge Energy Inc. Announces 2015 Year End Reserves; Operational Update; and New Net Asset Value of $4.88 per Share

CALGARY, Feb. 8, 2016 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") announced the results of its independent reserves evaluation (the "Surge Sproule Report") effective December 31, 2015 as prepared by Sproule Associates Limited ("Sproule"). Surge delivered record results with respect to the Company's 2015 year end reserves finding and development costs. Surge's focused operating strategy of utilizing capital to acquire, exploit and waterflood high quality reservoirs continues to [Read more]

Canadian Oil Sands Limited Board and senior management appointments announced

CALGARY, Feb. 8, 2016 /CNW/ - (TSX: COS) — Canadian Oil Sands Limited ("COS") today announced the new membership of the COS Board of Directors and senior leadership team. Effective immediately, COS Board is now composed of the following individuals: Ernest F.H. (Harry) Roberts, Chair Maureen McCaw Mel Benson Steve Reynish Alister Cowan Effective immediately, COS senior leadership team is now composed of the following individuals: Sandy Martin, President and Chief Executive [Read more]

Kootenay Silver and Northair Silver Sign Definitive Agreement

Combination of Kootenay and Northair to Create a Leading Mexican Silver Consolidator VANCOUVER, Feb. 8, 2016 /CNW/ - Kootenay Silver Inc. (TSX-V: KTN) ("Kootenay") and Northair Silver Corp. (TSX-V: INM) ("Northair") are pleased to announce that the companies have entered into  a definitive arrangement agreement (the "Agreement") pursuant to which Kootenay has agreed to acquire all of the issued and outstanding common shares of Northair (the "Transaction").   The Agreement replaces the [Read more]

National Energy Board issues Order regarding pipeline materials

NEB Safety Advisories also issued CALGARY, Feb. 5, 2016 /CNW/ - The National Energy Board (NEB) has issued Board Order MO-01-2016 (Order) that directs NEB-regulated companies to identify and report on the potentially substandard materials being used during pipeline construction and operation. Issuance of the Order is not indicative of an imminent risk to pipeline safety, but rather a proactive measure to enhance pipeline safety. The NEB is aware of circumstances during which materials [Read more]

Minister Jim Carr Meets with Alberta’s Business Community

CALGARY, Feb. 5, 2016 /CNW/ - The Honourable Jim Carr, Canada's Minister of Natural Resources, today discussed challenges and opportunities facing the oil and natural gas industry at an event hosted by the Calgary Chamber of Commerce. Minister Carr heard about the challenges persistent low oil and natural gas prices present to businesses and communities, and he outlined the federal government's plan to modernize and restore public trust in the way Canada reviews and assesses major resource [Read more]

Cequence Energy Announces Operations Update

CALGARY, Feb. 4, 2016 /CNW/ - Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) is pleased to announce its recent operating highlights. Simonette 16-33 Montney Well The Company's recent Simonette Montney well at 16-33-61-27W5 utilized a new completion design and was highly successful based on initial results.  The average production rate for the last seven days was 1,800 boe/d (7.5 mmcf/d and 550 bbl/d of condensate). The well continues to clean up and after 21 days is [Read more]

Toro Oil & Gas Ltd announces certain 2015 accomplishments and strategy entering 2016

CALGARY, Feb. 4, 2016 /CNW/ - Toro Oil & Gas Ltd. (TSXV: TOO) ("Toro" or the "Company") is pleased to announce a summary of certain 2015 accomplishments along with its near term 2016 strategy and guidance in light of continuing volatile market conditions.  Despite persistent weak commodity prices and other macro-economic headwinds for much of 2015, Toro materially increased its position within the Alberta Viking light oil fairway while taking advantage of capital and operating cost [Read more]