BOE Report

Penn West Announces its Financial Results for the Fourth Quarter and Year Ended December 31, 2013 and 2013 Reserve Results

CALGARY, March 7, 2014 /CNW/ - PENN WEST PETROLEUM LTD. (TSX - PWT) (NYSE - PWE) ("PENN WEST" or the "COMPANY") is pleased to announce its results for the fourth quarter and year ended December 31, 2013. All figures are in Canadian dollars unless otherwise stated. Three months ended December 31 Year ended December 31 2013 2012 % change 2013 2012 % change Financial (millions, except per share [Read more]

Athabasca Oil Corporation Reconfirms Its Near Term Capital Focus and Announces Associated Staff Reductions

CALGARY, March 6, 2014 /CNW/ - As previously communicated, Athabasca Oil Corporation (TSX: ATH) ("Athabasca" or "the Company") completed a detailed review of its near term exploration and development priorities late last year with a view to allocate capital between its many development opportunities. As a result, the Company announced an initial 2014 capital budget focused on its key near term priorities, including the completion of Hangingstone Project 1, preparation for a Hangingstone [Read more]

Marquee Energy Ltd. announces completion of the acquisition of strategic assets in its oil focused Michichi core area

CALGARY, March 6, 2014 /CNW/ - Marquee Energy Ltd. ("Marquee" or the "Company") (TSXV: MQL) (OTCQX: MQLXF) is pleased to announce the closing of the acquisition (the "Acquisition") by the Company of certain low decline, operated, producing assets contiguous with the Company's operations at Michichi from Paramount Resources Ltd. ("Paramount"). The purchase price of $11,650,000 (the "Purchase Price") was paid through the issuance of 13,705,883 common shares ("Shares") in the capital of Marquee at [Read more]

Cequence Energy Announces 2013 Financial and Operating Results

CALGARY, March 6, 2014 /CNW/ - Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) is pleased to announce its 2013 operating and financial results for the three months and the year ended December 31, 2013. The Company's Audited Consolidated Financial Statements and Management's Discussion and Analysis for the years ended December 31, 2013 and 2012 are available at cequence-energy.com and on SEDAR at www.sedar.com. Highlights Financial highlights for 2013 include: Increased [Read more]

FirstEnergy Capital Corp. announces the appointment of John Chambers as Chief Executive Officer

CALGARY, March 6, 2014 /CNW/ - FirstEnergy Capital Corp. of Calgary is pleased to announce the appointment of John Chambers to Chief Executive Officer. FirstEnergy's current Chairman and C.E.O., Jim W. Davidson, will assume the title of Executive Chairman of FirstEnergy Capital. The strong business fundamentals and principles that FirstEnergy was built upon will remain in place. Mr. Davidson will remain actively engaged in all aspects of the business and will focus his efforts on continued [Read more]

TORC Oil & Gas Ltd. Announces 2013 Fourth Quarter and Year-End Financial & Operating Results and Year-End Reserves; Announces Increase to Guidance

CALGARY, March 6, 2014 /CNW/ - TORC Oil & Gas Ltd. ("TORC" or the "Company") (TSX: TOG) is pleased to announce its financial and operating results for the three month periods and years ending December 31, 2013 and 2012, and to provide its 2013 year-end reserves information as evaluated by Sproule Associates Limited ("Sproule"). The associated Management's Discussion and Analysis ("MD&A") dated March 5, 2014 and audited financial statements as at and for the year ended December 31, 2013 [Read more]

Bellatrix Exploration announces material reserves increases (up 103%), posting $9.57/boe finding and development costs

CALGARY, March 6, 2014 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") announces the results of an independent reserve evaluation effective December 31, 2013. The report was completed by Sproule Associates Limited ("Sproule").  The evaluation encompasses 100% of Bellatrix's oil and gas properties and was prepared in accordance with National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities ("NI 51-101"). Bellatrix benefitted from the largest capital program [Read more]

Perpetual Energy Inc. releases fourth quarter and year-end 2013 financial and operating results

CALGARY, March 5, 2014 /CNW/ - (TSX:PMT) - Perpetual Energy Inc. ("Perpetual" or the "Corporation") is pleased to report its fourth quarter and year end 2013 financial and operating results. Overall results show significant gains from 2012, highlighting positive operational and financial momentum in our key diversifying strategies at Mannville for heavy oil and in the Greater Edson area for liquids-rich natural gas. A complete copy of Perpetual's audited consolidated financial statements and [Read more]

Legacy Oil + Gas Inc. announces over 20% increase in 2013 year-end reserves and net asset value per share, top quartile recycle ratios and provides operational update

CALGARY, March 5, 2014 /CNW/ - Legacy Oil + Gas Inc. ("Legacy" or the "Company") (TSX: LEG) is pleased to announce its 2013 year-end reserves and provide an operational update. The financial and operational information contained below is based on the Company's unaudited expected results for the year ended December 31, 2013. HIGHLIGHTS 2013 net asset value per share grew by 20 percent over 2012 to $11.71 per share 2013 total proved plus probable finding and development costs ("F&D") [Read more]

MEG Energy’s Board of Directors approves filing of 2013 year-end disclosure documents and new appointment to its Board of Directors

CALGARY, March 5, 2014 /CNW/ - MEG Energy Corp. announced today the filing of the corporation's 2013 year-end disclosure documents and a new appointment to its Board of Directors. MEG has filed with Canadian securities regulatory authorities its audited financial statements, Management's Discussion and Analysis and Annual Information Form for the year ended December 31, 2013. MEG also announced today the appointment of Jeffrey J. McCaig, effective March 1, 2014, to the board of directors [Read more]