BOE Report

Perpetual Energy Inc. Releases Third Quarter 2014 Financial and Operating Results and Provides First Quarter 2015 Capital Spending Guidance

CALGARY, Nov. 6, 2014 /CNW/ - (TSX:PMT) - Perpetual Energy Inc. ("Perpetual", the "Corporation" or the "Company") is pleased to report its financial and operating results for the three and nine months ended September 30, 2014. Perpetual continued to improve its financial flexibility in the third quarter with a reduction in overall debt levels achieved through the successful execution of several transactions including a senior notes offering, the monetization of future gas over bitumen ("GOB") [Read more]

Toscana Energy Announces Third Quarter 2014 Results

CALGARY, Nov. 6, 2014 /CNW/ - Toscana Energy Income Corporation ("TEI" or the "Corporation") (TSX: TEI) announces financial and operating results for the third quarter ended September 30, 2014. Financial and operating results: This news release summarizes information contained in the Condensed Consolidated Interim Financial Statements (unaudited) and Management's Discussion and Analysis ("MD&A") for the three and nine month period ended September 30, 2014. This news release should not be [Read more]

Surge Energy Inc. announces record third quarter production and funds from operations

CALGARY, Nov. 6, 2014 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) announces record financial and operating results for the three and nine month periods ended September 30, 2014. FINANCIAL AND OPERATING SUMMARY               ($000s except per share amounts)               Three Months Ended September 30, Nine Months Ended September 30, 2014 2013 % change 2014 2013 % change Financial highlights Oil and [Read more]

ARC Resources Ltd. announces an $875 million capital program for 2015 and sets the stage for continued profitable growth beyond 2015

CALGARY, Nov. 5, 2014 /CNW/ - (ARX - TSX)   ARC Resources Ltd. ("ARC") announced today that its Board of Directors has approved an $875 million capital program for 2015 directed at high value oil and liquids-rich gas development and low cost Montney natural gas assets.  ARC expects annual average production growth of approximately 10 per cent in 2015. Myron Stadnyk, ARC's President and Chief Executive Officer, said, "We are fortunate to be rich in profitable opportunities, which create a [Read more]

ARC Resources Ltd. reports record third quarter production and strong financial results

CALGARY, Nov. 5, 2014 /CNW/ - (ARX - TSX) ARC Resources Ltd. ("ARC") is pleased to report its third quarter 2014 operating and financial results.  Third quarter production averaged a record 115,530 boe per day and funds from operations were $284.2 million ($0.89 per share).  ARC's unaudited Condensed Interim Consolidated Financial Statements and Notes, as well as ARC's Management's Discussion and Analysis ("MD&A") for three and nine months ended September 30, 2014 and 2013, are available on [Read more]

Exall Energy Corporation provides refinancing update

CALGARY, Nov. 5, 2014 /CNW/ - Exall Energy Corporation ("Exall" or the "Company") (TSX:EE and TSX:EE.DB) announced today that in order to complete the previously announced refinancing (see October 6, 2014 press release), it has entered into a forbearance agreement ("Forbearance Agreement") with its current senior Canadian lender.  The Forbearance Agreement allows for a monitor to report on, amongst other information, the progress relating to the refinancing under a monitoring agreement [Read more]

Seven Generations Completes $931.5 Million Initial Public Offering

CALGARY, Nov. 5, 2014 /CNW/ - Seven Generations Energy Ltd. (TSX:VII) (the "Company" or "7G") is pleased to announce that it has completed its previously announced initial public offering (the "Offering") of 51.75 million common shares (including 6.75 million common shares issued pursuant to the previously announced exercise in full of the over-allotment option) at $18 per common share for aggregate gross proceeds to 7G of $931.5 million. The underwriting syndicate was co-led by RBC Capital [Read more]

Ikkuma Resources Corp. Announces Closing of Previously Announced Acquisition of Additional Assets in the Alberta Foothills and Guidance and Operations Update

CALGARY, Nov. 4, 2014 /CNW/ - Ikkuma Resources Corp. ("Ikkuma" or the "Corporation") is pleased to announce that it has now closed the previously announced acquisition of certain petroleum and natural gas assets located in several areas of the Western Canadian foothills, including the Brown Creek, Stolberg, Deanne, Burnt Timber, Moose, Jumping Pound, and Ricinus areas in Alberta (collectively, the "Assets"). The purchase price was $23.2 MM, which is subject to adjustments. Current production [Read more]

Penn West Announces its Financial Results for the Third Quarter Ended September 30, 2014 and Preliminary 2015 Outlook

CALGARY, Nov. 5, 2014 /CNW/ - PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE - PWE) ("Penn West", the "Company", "we", "us" or "our") is pleased to announce its financial results for the third quarter ended September 30, 2014. All figures are in Canadian dollars unless otherwise stated. Certain comparative figures for the three and nine month periods ended September 30, 2013 are as restated. Three months ended September 30 Nine months ended September [Read more]

Whitecap Resources Inc. announces 2014 third quarter results and 2015 budget

CALGARY, Nov. 4, 2014 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to announce that we have filed on SEDAR our unaudited interim financial statements and related Management's Discussion and Analysis ("MD&A") for the three and nine months ended September 30, 2014. Selected financial and operational information is outlined below and should be read in conjunction with Whitecap's unaudited interim financial statements and related MD&A which are [Read more]