BOE Report

Legacy Oil + Gas Inc. Announces Appointment of Aidan M. Walsh as Director

CALGARY, Oct. 16, 2014 /CNW/ - Legacy Oil + Gas Inc. ("Legacy" or the "Company") (TSX:LEG) is pleased to announce that Aidan M. Walsh has joined the Board of Directors of Legacy.  Mr. Walsh is President and Chief Executive Officer of Baccalieu Energy Inc., a Canadian junior oil and gas company. Mr. Walsh has 37 years of oil and gas experience in production, marketing, transportation, acquisitions, finance, facility engineering and construction.  He was President and Chief Executive Officer of [Read more]

Connacher Provides Q3 2014 Operational Update and Q3 2014 Conference Call Details

CALGARY, Oct. 15, 2014 /CNW/ - Connacher Oil and Gas Limited (CLL – TSX; "Connacher" or the "Company") provides an operational update for the third quarter 2014 ("Q3 2014") and Q3 2014 conference call details. Operational Update Based on field estimates, Connacher's Great Divide production for Q3 2014 averaged 14,100 bbl/d. Production has increased in each quarter of 2014 and Q3 2014 was 20 per cent higher than the prior year's third quarter (Q3 2013 - 11,788 bbl/d). Five of nine new [Read more]

Marquee Energy Ltd. announces operations update and upward revision to 2014 exit guidance

CALGARY, Oct. 15, 2014 /CNW/ - Marquee Energy Ltd. ("Marquee" or the "Company") (TSXV: "MQL") is pleased to announce an operations update and an upward revision to its corporate guidance for 2014. The Company has experienced strong drilling results and operational performance, while it has also been successful in improving its balance sheet strength by monetizing certain non-core, gas weighted properties at accretive metrics. As a result of its strengthened financial position and to better [Read more]

Bellatrix announces continued Cardium and Mannville consolidation efforts, operational update, updated 2014 guidance, upcoming conference participation, and anticipated third quarter 2014 results release date

CALGARY, Oct. 15, 2014 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE) Cardium and Mannville Consolidation Efforts Bellatrix recently completed a tuck-in acquisition of working-interests in the Company's core Ferrier area in West Central Alberta, extending the Company's Cardium light oil resource play.  The acquired assets included current low decline rate net production of approximately 300 boe/d (24% oil and liquids and 76% natural gas).  The acquisition [Read more]

Pembina Pipeline Corporation Announces Management Changes

CALGARY, Oct. 15, 2014 /CNW/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) today announced several management changes. As previously disclosed in September 2013, Peter Robertson, Pembina's Chief Financial Officer ("CFO"), plans to retire at the end of 2014 after 30 years of service with the Company. Pembina is pleased to announce that Scott Burrows, Pembina's current Vice President ("VP") of Capital Markets, will succeed Peter as VP, Finance and CFO effective [Read more]

Palliser Provides Operations Update

CALGARY, Oct. 13, 2014 /CNW/ - Palliser Oil & Gas Corporation ("Palliser" or the "Company") (TSX VENTURE: PXL) wishes to provide an operations update. In the third quarter of 2014, Palliser completed a seven (4.25 net) well capital program.  The seven well capital program was a part of farmout agreements in which the capital expenditures on the program were completed at minimal cash cost to Palliser, with certain surface equipment for most of the wells supplied from Palliser's inventory [Read more]

Ivanhoe Energy receives US$2.2 million short-term loan from Executive Co-Chairman Robert Friedland

CALGARY, Oct. 10, 2014 /CNW/ - Ivanhoe Energy Inc. (TSX: IE; NASDAQ: IVAN) announced today that the company's working capital has been augmented by a US$2.2 million (approximately C$2.4 million) secured bridge loan provided by founder and Executive Co-Chairman, Robert Friedland. In addition, concurrent with the advancing of the bridge loan, Mr. Friedland also has resigned as the Executive Co-Chairman and as a director of the company. Mr. Friedland remains the largest shareholder of the [Read more]

Pembina Pipeline Corporation Announces Resthaven Plant Expansion

Long-term agreement with Mosaic Energy Ltd. underpins $170 million gas plant expansion and associated new gathering pipeline CALGARY, Oct. 10, 2014 /CNW/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that it has entered into commercial agreements to proceed with a $170 million expansion of the Company's recently completed Resthaven Facility (a 200 million cubic feet per day ("MMcf/d") (134 MMcf/d net to Pembina) gas processing facility) and to [Read more]

Connacher Announces New Board Members

CALGARY, Oct. 9, 2014 /CNW/ - Connacher Oil and Gas Limited (CLL - TSX; "Connacher" or the "Company") announces that Daryl Gilbert and C.W. Leigh Cassidy have been appointed to its Board of Directors. Mr. Gilbert is best known in the industry for his work as an independent consultant in reserves evaluation through his work with Gilbert Laustsen Jung Associates Ltd., now GLJ Petroleum Consultants Ltd. ("GLJ"). Mr. Gilbert was President and Chief Executive Officer of GLJ and retired in 2005. [Read more]

Pembina Pipeline Corporation Reveals Plans for Diluent Terminal Development

CALGARY, Oct. 9, 2014 /CNW/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) today announced plans to proceed with construction of the Canadian Diluent Hub ("CDH"), a large-scale condensate and diluent terminal at its Heartland Terminal site near Fort Saskatchewan, Alberta. The initial phase of CDH development is estimated to cost $350 million and will include 600,000 barrels of above ground storage, multiple inbound and outbound pipeline connections, plus [Read more]