BOE Report

SilverWillow Energy Corporation Announces Results for the Quarter Ended June 30, 2014

CALGARY, Aug. 21, 2014 /CNW/ - SilverWillow Energy Corporation (TSXV:SWE) has filed its second quarter financial statements and management's discussion and analysis for the quarter ended June 30, 2014. The second quarter financial statements and management's discussion and analysis are available for viewing on our website at www.swenergy.ca and on SEDAR at www.sedar.com. In light of the progress made to date by the corporation in scaling back its operations to reduce expenses, as well as [Read more]

LGX Oil + Gas Inc. enters into $30 million bank facility, increases exit production and capital budget guidance, and spuds first horizontal well in 2014 Alberta Bakken development drilling program

CALGARY, Aug. 21, 2014 /CNW/ - LGX Oil + Gas Inc. ("LGX" or the "Company") (TSXV:OIL) is pleased to announce that it has spud the first horizontal well in its 2014 Alberta Bakken development drilling program, revised its 2014 exit production guidance to 1,500 Boe per day from the previously announced exit production guidance of 1,400 Boe per day and replaced its previous banking facility with a new $30 million banking facility. LGX spud the first well (15-25-8-24W4) of a budgeted two well [Read more]

National Energy Board to hear oral Aboriginal traditional evidence for Trans Mountain Expansion Project

CALGARY, Aug. 21, 2014 /CNW/ - The National Energy Board (NEB or the Board) will begin hearing oral traditional evidence from registered Aboriginal intervenors for the Trans Mountain Pipeline Expansion Project on Monday 25 August in Edmonton. The hearings will begin at 9 am at the Edmonton Hotel & Convention Centre and the public is welcome to attend. The Board recognizes that Aboriginal peoples have an oral tradition for sharing stories, lessons, and knowledge from generation to [Read more]

Stockwell Day joins Pacific Future Energy

Former International Trade Minister joins project to refine Alberta bitumen for Asian markets VANCOUVER, Aug. 21, 2014 /CNW/ - Pacific Future Energy Corporation (Pacific Future Energy)  is pleased to announce that former International Trade Minister, former Treasurer (Minister of Finance) and Acting Premier of Alberta, and former Leader of the Her Majesty's Official Opposition, the Honourable Stockwell Day, P.C., has joined its management team as a Senior Advisor, Director, and chair of the [Read more]

PanTerra Resource Corp. Announces Second Quarter Financial and Operating Results

TSX Venture Exchange: PRC CALGARY, Aug. 21, 2014 /CNW/ - PanTerra Resource Corp. ("PanTerra" or the "Corporation") has filed today on SEDAR its unaudited condensed interim financial statements and related management's discussion and analysis ("MD&A") for the three months ended June 30, 2014. The financial statements and MD&A will be available for review at www.sedar.com. Highlights Completed the recapitalization of the Corporation on May 22, 2014 including a $20 million ($19.8 [Read more]

Penn West Receives Waiver of Defaults from Noteholders

CALGARY, Aug. 21, 2014 /CNW/ - PENN WEST PETROLEUM LTD. (TSX – PWT; NYSE – PWE) ("PENN WEST", the "COMPANY", "we", "us" or "our") announces that, further to its August 12, 2014 announcement, it has now obtained waivers from the holders of its senior unsecured notes (the "Notes") of certain defaults under the Notes arising from matters relating to the decision to restate certain historical financial results and the delay in filing the Company's second quarter 2014 interim filings.  Such defaults [Read more]

PanTerra enters into agreement to acquire additional assets in the Alberta foothills

CALGARY, Aug. 20, 2014 /CNW/ - PanTerra Resource Corp. ("PanTerra" or the "Corporation") (TSX VENTURE:PRC) is pleased to announce that it has entered into an arm's length purchase and sale agreement dated August 19, 2014 (the "Purchase and Sale Agreement") with a public Canadian oil and gas company to acquire (the "Acquisition") certain petroleum and natural gas assets located in several areas of the Western Canadian foothills, including the Brown Creek, Stolberg, Deanne, Burnt Timber, Moose, [Read more]

Vermilion Energy Inc. Releases 2013 Sustainability Report

CALGARY, Aug. 20, 2014 /CNW/ - Vermilion Energy Inc. ("Vermilion", the "Company", "We" or "Our") (TSX, NYSE: VET) is pleased to announce the release of our first Sustainability Report detailing our efforts to generate environmental, social, and economic benefits for all stakeholders. This inaugural report provided a framework for describing how we approach sustainability in our operations, and to recognize our achievements, detail our challenges and establish targets for progress. "Embedding [Read more]

Sunshine Terminates Strategic Alternatives Review Process

CALGARY, Alberta and HONG KONG, Aug. 18, 2014 /CNW/ -- Sunshine Oilsands Ltd. (the "Corporation" or "Sunshine") (HKEX: 2012, TSX: SUO) is pleased to announce that it has formally terminated the strategic alternatives review process that was initiated in August of 2013.  With the securing of financing to recommence construction of the first 5,000 barrels of oil per day phase of the West Ells project, Sunshine's immediate priority is to complete construction, commissioning and startup of steam [Read more]

Seven Generations Energy Ltd. Announces Two New Board Appointments

CALGARY, Aug. 15, 2014 /CNW/ - On behalf of the management team and Board of Directors of Seven Generations Energy Ltd. (the "Company" or "7G"), Mr. Pat Carlson, Chief Executive Officer, is pleased to announce that Mr. W.J. (Bill) McAdam and Mr. Dale Hohm have agreed to join its Board of Directors. Prior to his retirement in 2013, Bill was President and CEO of Aux Sable Canada LP and Aux Sable Liquid Products LP ("Aux Sable") in Canada and the USA. Aux Sable is a midstream gas processing company [Read more]