BOE Report

Petromin Announces Retirement of Kenny Chan

VANCOUVER, Nov. 27, 2015 /CNW/ - Petromin Resources Ltd. ("Petromin" or the "Company") wishes to announce the retirement and resignation of Mr. Kenny Chan as a director to the Company and thank him for his service to the Company and wish him well in his future endeavors. About Petromin Petromin Resources Ltd. (TSXV: PTR) is an oil and natural gas exploration and production company listed as a Tier 1 issuer on the TSX Venture Exchange. The Company is currently focused on its core [Read more]

3MV Energy Announces Third Quarter 2015 Results

CALGARY, Nov. 27, 2015 /CNW/ - 3MV Energy Corp. ("3MV" or the "Company") (TSXV: TMV) is pleased to report its financial and operating results for the three and nine month periods ended September 30, 2015. 3MV's unaudited financial statements and related management's discussion and analysis for the three and nine month periods ended September 30, 2015 have been filed and are available on the SEDAR website at www.sedar.com and on the Company's website at www.3mvenergy.com. 3MV announces the [Read more]

NEB issues Inspection Officer Order in response to Pine River Gas Plant release

CALGARY, Nov. 27, 2015 /CNW/ - The National Energy Board (NEB) has issued an Inspection Officer Order in response to the release of an unconfirmed volume of vapour at the Pine River Gas Plant on November 26, 2015. The vapours released originated from a gas "sweetening" system, a process that is used to remove carbon dioxide and hydrogen sulfide from natural gas. The plant in Northeastern BC is operated by Westcoast Energy Inc. carrying on business as Spectra Energy Transmission. The plant was [Read more]

Ironhorse Announces Q3 2015 Financial and Operating Results

CALGARY, Nov. 27, 2015 /CNW/ - Ironhorse Oil & Gas Inc. ("Ironhorse" or the "Company") (TSX-V: IOG) announces its financial and operating results for the three and nine months ended September 30, 2015. Financial and Operation Summary The Company's reported production has decreased 15% to 216 boe/d in the third quarter of 2015 from 254 boe/d produced in the second quarter.  The decrease in production is attributed to ongoing TransCanada ("TCPL") pipeline restrictions and a planned [Read more]

Teine Energy Ltd. Announces CEO Appointment

CALGARY, Nov. 27, 2015 /CNW/ - Teine Energy Ltd. "Teine" today announced that Jason Denney has been appointed to the role of Chief Executive Officer. Mr. Denney has held a series of senior roles at Teine since it was founded in 2005, and has served as its President since May 28, 2015. Mr. Denney has over 18 years of industry experience in reservoir and production engineering, field operations, offshore and onshore drilling and completions, asset development, as well as acquisition and [Read more]

Valener and Gaz Métro report fiscal 2015 results

Valener: 50% increase in normalized operating cash flowsGaz Métro: Record net income and 3.6% increase in distributions to Partners announced FISCAL 2015 HIGHLIGHTS Valener Normalized operating cash flows1 per common share of $1.53, up 50% from fiscal 2014; Increase in annualized dividend from $1.04 to $1.08 per common share as of January 15, 2016; Adjusted net income1 of $45.3 million, up 23.4% ($8.6 million), or $1.19 per common share, compared to $0.97 in fiscal 2014; [Read more]

Virginia Hills Oil Corp. Announces Third Quarter 2015 Results

TSX Venture Exchange: VHO CALGARY, Nov. 27, 2015 /CNW/ - Virginia Hills Oil Corp. ("Virginia Hills" or the "Company") announces its operating and financial results for the three and nine months ended September 30, 2015 and  that its unaudited interim financial statements and related Management's Discussion and Analysis ("MD&A") for the quarter ended September 30, 2015 are available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com or on the [Read more]

Deal Update and Sequa Petroleum N.V. General Meeting 7th January 2016

LONDON, Nov. 27, 2015 /CNW/ - Deal Update  Sequa Petroleum is pleased to announce that it has signed a funding agreement with Sapinda Invest Sarl to provide up to USD 62.5 million as a convertible loan to address current funding needs and provide a portion of the equity required for the announced acquisitions. The loan will bear an interest rate of 8%, and will be convertible into Sequa shares at a price of Euro 2.55 per share no later than 2 years from signing, or otherwise when all funds [Read more]

Hemisphere Energy announces Q3 2015 financial and operating results

  VANCOUVER, Nov. 26, 2015 /CNW/ - Hemisphere Energy Corporation (TSX-V: HME) ("Hemisphere" or the "Company") is pleased to announce its financial and operating results for the three and nine months ended September 30, 2015. Q3 2015 Highlights Averaged 678 boe/d (75% oil and NGL) production during the quarter, a 6% decrease from the third quarter of 2014 as a result of converting two producing wells in Atlee Buffalo to water injectors, having downtime at the Jenner facilities to [Read more]

Keyera Provides Caribou Gas Plant Update

CALGARY, Nov. 26, 2015 /CNW/ - Keyera Corp. (TSX:KEY) ("Keyera") announced today that it will suspend operations at its Caribou gas plant next week following a producer's decision to shut in gas production on December 1, 2015. The Caribou gas plant is Keyera's only gas plant located in Northeast British Columbia where producers receive NGX Spectra Station #2 pricing that has been affected by low North America natural gas prices and regional sales gas pipeline constraints. As a result, gas [Read more]