BOE Report

Mountainview Energy Ltd. Announces 2014 First Quarter Financial Results

CUT BANK, MT, May 30, 2014 /CNW/ - Mountainview Energy Ltd. ("Mountainview" or the "Company") (TSXV: MVW) is pleased to announce its operating and financial results for the three months ended March 31, 2014. Certain selected quarterly financial and operational information is outlined below and should be read in conjunction with Mountainview's reviewed unaudited interim consolidated financial statements and management's discussion and analysis ("MD&A") for the three months ended March 31, [Read more]

Seven Generations Energy Ltd. Reports First Quarter Results

CALGARY, May 29, 2014 /CNW/ - Seven Generations Energy Ltd. ("7G" or the "Company") is pleased to report its first quarter 2014 operating and financial results.  First quarter production averaged a record 20,231 boe per day and funds from operations also set a record at nearly $54 million.  Year over year first quarter production more than tripled from the first quarter of 2013, including a 75% increase from the fourth quarter of 2013.  The Company drilled 10 wells in the quarter with a 100% [Read more]

Advantage Announces Increase in Credit Facility to $400 Million

(TSX: AAV, NYSE: AAV) CALGARY, May 29, 2014 /CNW/ - Advantage Oil & Gas Ltd. ("Advantage" or the "Corporation") announced today that its lenders have increased the Corporation's borrowing base from $300 million to $400 million following the completion of their annual review. Significant growth in Glacier's proven developed producing reserves combined with the recent production increase to approximately 135 mmcfe/d were key factors in the borrowing base expansion. The borrowing base [Read more]

NEB releases decision on abandonment funding set-aside and collection mechanism

CALGARY, May 29, 2014 /CNW/ - The National Energy Board (NEB or the Board) today announced its decision on NEB-regulated pipeline companies' set-aside and collection mechanism applications (MH-001-2013). The purpose of these mechanisms is to provide money to pay for pipeline abandonment. By 1 January 2015, NEB-regulated pipeline companies must have a set-aside mechanism in place to begin accumulating funds to pay for pipeline abandonment. Most pipeline companies must establish a trust or [Read more]

Madalena Announces First Quarter 2014 Financial Results and Outlook

TSXV Trading Symbol: MVN OTC Trading Symbol: MDLNF CALGARY, May 29, 2014 /CNW/ - Madalena Energy Inc. ("Madalena" or the "Company") (TSXV: MVN and OTC: MDLNF) is pleased to announce the filing on SEDAR of the unaudited interim consolidated financial statements and related Management's Discussion and Analysis ("MD&A") for the three months ended March 31, 2014. Selected financial and operational information is outlined below and should be read in conjunction with Madalena's unaudited [Read more]

Palliser Oil & Gas Corporation Reports Q1 2014 Financial and Operating Results

CALGARY, May 28, 2014 /CNW/ - Palliser Oil & Gas Corporation ("Palliser" or the "Company") (TSX VENTURE:PXL) wishes to report financial and operating results for the three months ended March 31, 2014. Certain selected financial and operational information is set out below and should be read in conjunction with Palliser's financial statements complete with the notes to the financial statements and related MD&A which is expected to be available at www.sedar.com and the Company's website at [Read more]

Yoho Resources Inc. Moves Forward on Duvernay Play with Active Drilling Program in Q2 and Announces Fiscal Q2 2014 Financial Results

CALGARY, May 28, 2014 /CNW/ - Yoho Resources Inc. ("Yoho" or the "Company") has filed today on SEDAR the financial statements for the six months ended March 31, 2014 and the related managements' discussion and analysis ("MD&A").  Copies of these documents may be found on www.sedar.com. Highlights During fiscal Q2 2014, Yoho completed a transaction to sell its assets (the "Asset Sale") at Nig, British Columbia to Storm Resources Ltd. ("Storm") for total consideration of $86.9 million, [Read more]

Ironhorse Announces Q1 2014 Financial and Operating Results

CALGARY, May 28, 2014 /CNW/ - Ironhorse Oil & Gas Inc. ("Ironhorse" or the "Company") (TSX-V: IOG) announces its financial and operating results for the three months ended March 31, 2014 and provides an operational update on activities to date this year as well as an outlook for the remainder of 2014. Financial and Operation Summary The Company's working capital position remained strong with positive working capital of $2.2 million at March 31, 2014 compared to $2.9 million at December 31, [Read more]

Bellatrix Exploration Ltd. Announces Re-sizing and Pricing of Common Share Offering

CALGARY, May 28, 2014 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE MKT:  BXE) announces that it has re-sized and re-priced its previously announced common share offering. Pursuant to the amended agreement, the Company will issue 15,800,000 common shares ("Common Shares"), on a bought deal basis, at a price of $9.50 per Common Share for aggregate gross proceeds of $150,100,000 (the "Offering"). Bellatrix has also granted the underwriters an option (the [Read more]

Hawk Announces First Quarter 2014 Results

CALGARY, May 28, 2014 /CNW/ - Hawk Exploration Ltd. ("Hawk" or the "Corporation") announces its results for the three months ended March 31, 2014. The Corporation's interim financial statements for the three months ended March 31, 2014 and management's discussion and analysis for the three months ended March 31, 2014 are available for viewing on SEDAR at www.sedar.com or on Hawk's website at www.hawkexploration.ca under Investor Information - Financial Reports. HIGHLIGHTS Highlights for the [Read more]