BOE Report

Seven Generations’ Q2 funds from operations up 92 percent to $127 million; production up 126 percent to 54,200 boe/d

Efficiency and optimization driving recent well costs down by $1 million per well CALGARY, Aug. 10, 2015 /CNW/ - Seven Generations Energy Ltd. (7G or the Company) generated second quarter funds from operations of $126.8 million, up 92 percent from the second quarter of 2014, and increased production 126 percent to 54,219 barrels of oil equivalent per day (boe/d). Second quarter oil and condensate production increased 123 percent to 20,702 barrels per day (bbls/d) compared to a year [Read more]

Toro Oil & Gas Ltd. closes total proceeds of production volume royalty agreement with Source Rock Royalties Ltd.

CALGARY, Aug. 10, 2015 /CNW/ - Toro Oil & Gas Ltd. (TSXV: TOO) ("Toro" or the "Company") has closed  the remaining $4 millionportion of the previously announced production volume royalty ("PVR") agreement with Source Rock Royalties Ltd. ("Source Rock"). On July 16, 2015, the Company announced the closing of the binding PVR for gross proceeds of $8 million. The total proceeds of $12 million are expected to be used to fund the Company's 2015 drilling program and for general corporate [Read more]

Alliance Pipeline force majeure results in temporary production suspension by Seven Generations

CALGARY, Aug. 7, 2015 /CNW/ - Seven Generations Energy Ltd. (7G) was informed by Alliance Pipeline that an operational event has caused the pipeline company to call for natural gas suppliers to suspend pipeline injections for an indeterminate period of time. Seven Generations has been directed to suspend injection into the Alliance Pipeline on the morning of Friday, August 7, 2015. This suspension will result in a deferral of essentially all of Seven Generations' production until the [Read more]

Enerplus Announces Strong Second Quarter 2015 Results

CALGARY, Aug. 7, 2015 /CNW/ - Enerplus Corporation ("Enerplus") (TSX: ERF) (NYSE: ERF) announces the results from operations for the second quarter of 2015. HIGHLIGHTS: Through the second quarter of 2015, Enerplus delivered production growth, improved cost performance and maintained a strong financial position. Production volumes grew by 7% quarter over quarter to 107,429 BOE per day. This growth was primarily driven by increased activity in North Dakota, where production averaged [Read more]

Advantage Provides Operational Update & Second Quarter 2015 Results

Production Reaches 183 mmcfe/d (30,500 boe/d) During Commissioning of Expanded Glacier Plant (TSX: AAV, NYSE: AAV) CALGARY, Aug. 6, 2015 /CNW/ - Advantage Oil & Gas Ltd. is pleased to provide; i) an operational update regarding the expansion of its 100% owned Glacier gas plant; ii) its second quarter 2015 operating and financial results; and iii) the estimated impact of TCPL's additional firm service restrictions and outages on Advantage's 2015 annual production. Advantage reached the [Read more]

Keyera to Acquire 50% Ownership Interest in a Portion of Grand Rapids Diluent Pipeline

CALGARY, Aug. 6, 2015 /CNW/ - Keyera Corp. (TSX:KEY) ("Keyera") today announced that it has agreed to acquire a 50% interest in the southernmost portion of the 20-inch diluent Grand Rapids Pipeline (the "Pipeline"). The 45-kilometre (28 mile) pipeline will be constructed by Grand Rapids Pipeline Limited Partnership ("Grand Rapids"), an affiliate of TransCanada PipeLines Limited ("TransCanada") and Brion Energy Corporation. The Pipeline will extend from Keyera's Edmonton Terminal ("KET") to [Read more]

Pembina Pipeline Corporation Reports Second Quarter 2015 Results

Continuing to progress growth projects; secured $380 million of new fee-for-service projects during the second quarter All financial figures are in Canadian dollars unless noted otherwise. This news release contains forward-looking statements and information that are based on Pembina Pipeline Corporation's ("Pembina" or the "Company") current expectations, estimates, projections and assumptions in light of its experience and its perception of historic trends. Actual results may differ [Read more]

Imperial appoints senior vice-president, finance & administration & controller

B.A. Babcock to succeed P.J. Masschelin effective September 1, 2015 P.J. Masschelin appointed general auditor, internal audit, Exxon Mobil Corporation CALGARY, Aug. 6, 2015 /CNW/ - Imperial announced today the appointment of B.A. (Beverley) Babcock as senior vice-president, finance & administration & controller, effective September 1, 2015. Ms. Babcock, currently vice-president corporate financial services, Exxon Mobil Corporation, succeeds P.J.  (Paul) Masschelin, who has been [Read more]

Surge Energy Inc. announces second quarter results; Continued drilling success; Long term infrastructure solutions at Valhalla; And share buy back

CALGARY, Aug. 5, 2015 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) announces its operating and financial results for the quarter ended June 30, 2015, continued drilling success on its Upper Shaunavon crude oil discovery in SW Saskatchewan, and at Valhalla in NW Alberta; two new long term infrastructure solutions at Valhalla; and a share buy back. FINANCIAL AND OPERATING SUMMARY ($000s except per share [Read more]

Keyera Corp. Announces Second Quarter 2015 Results

CALGARY, Aug. 5, 2015 /CNW/ - Keyera Corp. (TSX:KEY) announced their 2015 second quarter 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 atwww.sedar.com. HIGHLIGHTS  Keyera continued to deliver strong results in the second quarter of 2015 [Read more]