BOE Report

LGX Oil + Gas Inc. announces year-end results, 2014 Guidance/Alberta Bakken drilling plans and files annual information form

CALGARY, March 24, 2014 /CNW/ - LGX Oil + Gas Inc. ("LGX" or the "Company") (TSXV:OIL) is pleased to announce it has filed on SEDAR its audited financial statements and related Management's Discussion and Analysis ("MD&A") for the year ended December 31, 2013 as well as its annual information form ("AIF") for the year ended December 31, 2013.  Selected financial and operational information is outlined below and should be read in conjunction with LGX's audited financial statements, the [Read more]

National Energy Board releases new Safety and Environmental Performance Dashboard

CALGARY, March 24, 2014 /CNW/ - The National Energy Board (NEB or the Board) today released a new online Safety and Environmental Performance Dashboard. The Dashboard presents key safety and environmental protection data collected by the NEB as a part of its work to hold companies accountable for positive outcomes in these areas. "People are interested in information about how regulated pipeline companies perform on safety and environmental protection," said NEB Chair and CEO Gaétan Caron. [Read more]

Penn West Announces Appointment of New Senior Vice President and Chief Financial Officer

CALGARY, March 24, 2014 /CNW/ - PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE - PWE) ("Penn West" or the "Company") is pleased to announce that Mr. David Dyck has been appointed Senior Vice President and Chief Financial Officer ("CFO") of Penn West effective May 1, 2014.  Mr. Dyck replaces Todd Takeyasu who today is stepping down from the role. "On behalf of our Board of Directors and staff, I would like to thank Todd Takeyasu for his tireless efforts over his many years with Penn West and wish him [Read more]

Desmarais Updates Activity, Appoints CFO

CALGARY, March 21, 2014 /CNW/ - Desmarais Energy Corporation (TSXV: DES) (the "Corporation" or "Desmarais") announces that a farm-out horizontal well in the Virginia Hills area of west central Alberta, was completed in the Beaverhill Lake formation early in Q4 2013 with a multi-stage acid fracture stimulation.  It has been producing light, sweet crude oil since mid-November.  Variable rates have been achieved of approximately 14 - 19 m3/ day or 90 to 120 bopd.  Desmarais has a 5% before payout [Read more]

Spectra Energy’s Westcoast Connector Gas Transmission Project Submits Environmental Assessment Certificate Application

Reflects early local input into project design and commitment to British Columbia benefits VANCOUVER, March 21, 2014 /CNW/ - Today, Spectra Energy Corp (NYSE: SE) announced the submission of an Environmental ASSESSMENT Certificate Application (Application) for its Westcoast Connector Gas Transmission Project to the BC Environmental Assessment Office (BC EAO). The Application includes detailed descriptions of Project elements, summaries of studies conducted to assess baseline environmental, [Read more]

Goldboro LNG export facility receives environmental assessment approval

HALIFAX, March 21, 2014 /CNW/ - Pieridae Energy (Canada) Ltd. ("Pieridae") is pleased to announce that the Honourable Randy Delorey, Minister of Environment for the Province of Nova Scotia, has issued environmental assessment (EA) approval, with conditions, for company's proposed Goldboro LNG project. Goldboro LNG consists of a liquefied natural gas (LNG) processing plant and facilities for the storage and export of LNG, including a marine jetty. In a letter to Pieridae, Minister Delorey stated, [Read more]

Marquee Energy Ltd. announces significant increase in reserves, along with fourth quarter and year-end 2013 operating and financial results

CALGARY, March 20, 2014 /CNW/ - Marquee Energy Ltd. ("Marquee" or the "Company") (TSXV: "MQL") is pleased to announce its 2013 year-end oil and natural gas reserves, along with its fourth quarter 2013 operating and financial results. The Company's consolidated financial statements as at December 31, 2013 and for the year then ended and management's discussion and analysis for the three months and year ended December 31, 2013 are available on SEDAR at www.sedar.com and on Marquee's website at [Read more]

Twin Butte Energy Announces 2013 Year End Financial and Operating Results

CALGARY, March 20, 2014 /CNW/ - (TSX: TBE) - Twin Butte Energy Ltd. ("Twin Butte" or  the  "Company") is pleased to report financial and operational results for the three and twelve months ended December 31, 2013, along with year-end reserves and an operational update for first quarter 2014 activity. During 2013 Twin Butte continued to enhance its asset base with the acquisition of Black Shire Energy Inc. ("Black Shire") which added a new, medium oil operating area and commenced its transition [Read more]

Cenovus receives approval for Grand Rapids oil sands project

Production capacity expected to reach 180,000 bbls/d CALGARY, March 20, 2014 /CNW/ - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has received approval from the Alberta Energy Regulator (AER) for its 100%-owned Grand Rapids thermal oil sands project. The proposed project is located approximately 300 kilometres north of Edmonton, within the company's Greater Pelican Region in northern Alberta. Grand Rapids is expected to have production capacity of 180,000 barrels per day (bbls/d) and be [Read more]

Whitecap Resources Inc. announces fourth quarter and year end 2013 results

CALGARY, March 20, 2014 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to announce that we have filed on SEDAR our audited financial statements and related Management's Discussion and Analysis ("MD&A") for the year ended December 31, 2013. Selected financial and operational information is outlined below and should be read in conjunction with Whitecap's audited financial statements and related MD&A and Annual Information Form ("AIF") which will be [Read more]