BOE Report

Bellatrix announces the successful commissioning of the Blaze pipeline

CALGARY, April 2, 2014 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE MKT: BXE) is pleased to announce that Bellatrix has completed a 1.6 km river bore and a 7 km pipeline in conjunction with Blaze Energy Ltd. ("Blaze") completing a 55 km pipeline to tie-in Bellatrix natural gas for processing in the Blaze gas plant located at 04-31-048-12W5.  Bellatrix has secured firm processing capacity of 100 MMcf/d in the plant.  The pipeline was commissioned on April 1, 2014 [Read more]

Cenovus prepays refining partnership contribution payable

Early payment reduces interest costs CALGARY, April 1, 2014 /CNW/ - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has prepaid its US$2.7 billion partnership contribution payable to WRB Refining LP of which Cenovus is a 50% owner. This resulted in a net cash payment of approximately US$1.35 billion from Cenovus. With the creation of WRB Refining in 2007, Cenovus's U.S. partner, Phillips 66, contributed the Wood River and Borger refineries and Cenovus contributed a note payable of US$7.5 billion. [Read more]

Yangarra Grants Stock Options

CALGARY, March 31, 2014 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX-V:YGR) announces stock option grant. Yangarra announces it has granted officers and directors options to purchase 1,420,000 common shares at an exercise price of $0.90 per share, pursuant to its stock option plan. All the options vest over three years and will expire on March 31, 2019. [Read more]

PanTerra Increases Reserves in 2013 & SEDAR Files F1 Report

TSX-V: PRC CALGARY, March 31, 2014 /CNW/ - PanTerra Resource Corp. ("PanTerra" or the "Company") is pleased to announce that its oil and gas evaluation by the Company's independent engineering firm, Trimble Engineering Associates Ltd for the year ended December 31, 2013, conducted pursuant to National Instrument 51-101 standards of disclosure for oil and gas activities and the Canadian Oil and Gas Evaluation Handbook (COGEH) reserve definitions has increased over last years' reported numbers. [Read more]

Surge and Longview Announce $429 Million Strategic Business Combination

Surge Announces Upward Revision to 2014 Guidance, and 11 Percent Increase in Dividend CALGARY, March 31, 2014 /CNW/ - Surge Energy Inc. (TSX: SGY) ("Surge" or the "Company") and Longview Oil Corp. (TSX: LNV) ("Longview") are pleased to announce today that they have entered into an arrangement agreement, pursuant to which Surge has agreed to acquire all of the issued and outstanding common shares of Longview by way of a plan of arrangement transaction. The proposed transaction results in the [Read more]

New NEB Report Provides Overview of Key Energy Market Dynamics

CALGARY, March 31, 2014 /CNW/ - Today the National Energy Board (NEB or the Board) released a new energy market assessment entitled Canadian Energy Dynamics: 2013. The assessment provides an overview of key elements in Canada's energy markets, and how these elements changed in 2013. The energy sector in Canada is dynamic and continually being shaped by new sources of supply, changing demand, and integrated infrastructure development. Important developments in Canadian energy markets in 2013 [Read more]

Longview Announces 2013 Year End Financial Results and Independent Reserve Report

CALGARY, March 27, 2014 /CNW/ - Longview Oil Corp. ("Longview" or the "Corporation") (TSX: LNV) announces the financial and operating results for the year ended December 31, 2013 and the accompanying reserves as of December 31, 2013. Three months ended   Year ended   December 31,   December 31,   2013   2012   2013   2012         Financial ($000, except as otherwise indicated) [Read more]

Advantage Announces 2013 Year End Financial & Operating Results and Glacier Operational Update

CALGARY, March 27, 2014 /CNW/ - Advantage Oil & Gas Ltd. ("Advantage" or the "Corporation") is pleased to report the unconsolidated financial and operating results (excludes Longview Oil Corp.) for the three months and year ended December 31, 2013. Advantage's remaining non-core assets which had a production rate of approximately 5,600 boe/d were divested on April 30, 2013. As a result, financial and operating results during the second half of 2013 are more representative of our industry [Read more]

Canadian International Oil Corp. Announces Completed Private Placement, Partnership With Riverstone Holdings

CALGARY, Alberta, March 27, 2014 /CNW/ - Canadian International Oil Corp. ("CIOC") announced today an equity commitment of C$200 million from energy private equity firm Riverstone Holdings LLC ("Riverstone"). The Riverstone commitment comprises C$133 million from Riverstone Global Energy and Power Fund V ("Fund V") and C$67 million from Riverstone Energy Limited ("REL"). This investment will be used to fund CIOC's development program in the Western Canadian Deep Basin. Since its founding in [Read more]

Sunshine Oilsands Ltd. Announcement of results for the fourth quarter and the year ended December 31, 2013

HONG KONG, March 26, 2014 /CNW/ - Sunshine Oilsands Ltd. (the "Corporation" or "Sunshine") (HKEX: 2012; TSX: SUO) today announced its financial results for the fourth quarter and year ended December 31, 2013. The Corporation's consolidated financial statements, notes to the consolidated financial statements, Management's Discussion and Analysis and Annual Information Form have been filed on SEDAR (www.sedar.com) and with the SEHK (www.hkexnews.hk) and are available on the Corporation's website [Read more]