BOE Report

Vermilion Energy Inc. Announces Achievement of First Gas Production from Corrib Project

CALGARY, Dec. 30, 2015 /CNW/ - Vermilion Energy Inc. ("Vermilion", "the Company", "We", "Us", or "Our") (TSX, NYSE: VET) is pleased to announce that natural gas began to flow at our Corrib gas project in Ireland on December 30, 2015.  Production levels at Corrib are expected to rise over a period of approximately six months to a peak rate estimated at 58 mmcf/d (9,700 boe/d), net to Vermilion. "First gas marks an important milestone for Vermilion" said Lorenzo Donadeo, CEO of Vermilion. [Read more]

Vermilion Energy Inc. Announces Receipt of Final Consent for Corrib Project and Anticipation of First Gas Prior to Year End

CALGARY, Dec. 29, 2015 /CNW/ - Vermilion Energy Inc. ("Vermilion", "the Company", "We", "Us", or "Our") (TSX, NYSE: VET) is pleased to announce that Shell E&P Ireland Limited ("Shell"), operator of the Corrib project, has received the final remaining consent required for production from the office of Ireland's Minister for Communications, Energy and Natural Resources.  The Corrib partners (Shell, Vermilion and Statoil Exploration Ireland Limited) are now focused on final preparations to [Read more]

Canadian Oil Sands Sends New Letter to Shareholders: A Full Share of COS is Worth More Than a Quarter Share of Suncor

CALGARY, Dec. 29, 2015 /CNW/ - (TSX: COS) — Canadian Oil Sands Limited is mailing a letter to all shareholders advising them to reject Suncor's undervalued and opportunistic bid. It warns shareholders of Suncor's fear-mongering tactics and urges them not to succumb to Suncor's pressure tactics, knowing the value and upside of the asset they currently hold. To REJECT the Suncor bid, shareholders should simply TAKE NO ACTION. Do not tender your shares of Canadian Oil Sands Limited. For [Read more]

Alternative Earth Resources' Black Sea Merger Update

VANCOUVER, Dec. 24, 2015 /CNW/ - Alternative Earth Resources Inc. ("AER") (TSX.V: AER) is pleased to provide an update and additional background to the proposed acquisition by AER of Black Sea Copper & Gold Corp. ("Black Sea"). Refer to the AER News Releases dated October 20, 2015, and December 3, 2015 for additional background details of the proposed transaction. As was disclosed in the News Release dated December 11, 2015, the Supreme Court of British Columbia (the "Court") has rendered its [Read more]

Perpetual Energy Inc. Provides Update on Rights Offering, Convertible Debenture Repayment and Lending Arrangements

CALGARY, Dec. 24, 2015 /CNW/ - (TSX: PMT; PMT.DB.E; PMT.RT) – Perpetual Energy Inc. ("Perpetual" or the "Company") announces that the Alberta Securities Commission dismissed the appeal of the issuance of the receipt for Perpetual's short form prospectus dated December 7, 2015 (the "Prospectus") and the application to cease trade its previously announced rights offering (the "Rights Offering") made by certain holders of the Company's 7.00% convertible debentures (the "Convertible Debentures").  [Read more]

Petromin responds to vexatious litigation by dissident

VANCOUVER, Dec. 23, 2015 /CNW/ - Petromin Resources Ltd. ("Petromin" or the "Company") advises that Ivano DeCotiis, a dissident shareholder who has nominated a slate for election as directors at the Company's AGM scheduled for December 29, 2015, has initiated a petition (the "Petition") seeking leave to commence a derivative action in the Supreme Court of British Columbia on behalf of the Company against the Company's current and former directors and certain companies, based on unfounded [Read more]

Perpetual Energy Inc. reports on Alberta Securities Commission hearing

CALGARY, Dec. 23, 2015 /CNW/ - (TSX: PMT; PMT.DB.E) – Perpetual Energy Inc. ("Perpetual" or the "Company") announces that Alberta Securities Commission (the "ASC") will hear closing remarks from counsel to the parties in connection with the previously announced ASC hearing. The Company expects to release the results of the ASC hearing when a decision has been rendered in this matter. As this hearing is continuing to December 23, 2015, the common shares of the Company (the "Common Shares") [Read more]

Dalmac Energy Reports Second Quarter 2016 Financial Results

DALMAC ENERGY INC. TSX Venture: "DAL" EDMONTON, Dec. 22, 2015 /CNW/ - John Babic, President and CEO of Dalmac Energy Inc. ("Dalmac") (TSX Venture "DAL") is pleased to announce second quarter results for the period ended October 31, 2015.   FINANCIAL HIGHLIGHTS Change Change  (000's Cdn Dollars, except per share data) Q2'16 Q2'15 % YTD '16 YTD'15 % Revenues 5,714 8,611 (34) 11,051 15,810 (30) EBITDAS [Read more]

Ironhorse Oil & Gas Advises Shareholders to Take No Action to 1927297 Alberta Ltd.’s Extension of the Expiry of its Hostile Bid and Responds to 1927297’s Tactics to Conceal the Inadequacies of the Bid

CALGARY, Dec. 21, 2015 /CNW/ - Ironhorse Oil & Gas Inc. ("Ironhorse" or the "Company") (TSX-V:IOG), advises its shareholders to take no action in response to the extension of 1927297 Alberta Ltd.'s (the "Offeror") hostile bid to acquire the common shares ("Common Shares") of Ironhorse at $0.17 per share in cash (the "Offer").  The Offer, as extended, will expire on February 5, 2016.  The Offer remains the same, aside from the extension to February 5, 2016.  The Offer significantly [Read more]

Pacific acquires the remaining 50% working interest in the CPE-6 Block; Increasing production, cash flow and net reserves, without an immediate cash outlay

TORONTO, Dec. 21, 2015 /CNW/ - Pacific Exploration & Production Corp. (TSX: PRE) (BVC: PREC) is pleased to announce that its wholly-owned subsidiary Meta Petroleum Corporation ("Meta") has reached an agreement (the "Agreement") with Talisman Colombia Oil & Gas Ltd. ("Talisman") to acquire the remaining 50% working interest held by Talisman in the CPE-6 Block (the "Block") in Colombia. Ronald Pantin, Chief Executive Officer of the Company, commented:  "This acquisition consolidates an important [Read more]