BOE Report

LGX Oil + Gas Inc. Announces First Quarter 2014 Results and Record Funds Flow from Operations

CALGARY, May 12, 2014 /CNW/ - LGX Oil + Gas Inc. ("LGX" or the "Company") (TSXV:OIL) is pleased to announce it has filed on SEDAR its unaudited 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 LGX's unaudited financial statements and the related MD&A which are available for review at www.lgxoil.com or [Read more]

Pembina Pipeline Corporation Announces $460 Million of New Capital Projects

Aerial of Pembina Pipeline Corporation's Redwater fractionation facility. (CNW Group/Pembina Pipeline Corporation) Long-term agreements underpin third fractionator at Pembina's Redwater complex CALGARY, May 12, 2014 /CNW/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that it has reached binding commercial agreements to proceed with constructing a new 55,000 barrel per day ("bpd") propane-plus fractionator ("RFS III") at its existing [Read more]

Ivanhoe Energy Reports First Quarter 2014 Financial Results

Note:  All figures are quoted in U.S. dollars unless otherwise noted. CALGARY, May 12, 2014 /CNW/ - Ivanhoe Energy Inc. (TSX: IE; NASDAQ: IVAN) today reported its financial results for the first quarter of 2014. First Quarter Financial Summary Ivanhoe Energy filed its quarterly financial report on Form 10-Q with the U.S. Securities and Exchange Commission and its interim financial statements with the Canadian Securities Administrators for the quarter ended March 31, [Read more]

Surge Energy Inc. Announces Record First Quarter 2014 Results

CALGARY, May 12, 2014 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) announces record financial and operating results for the three month period ended March 31, 2014. Surges financial and operating results for the quarter ended March 31, 2014 include only a partial quarter of results from the $109 million Southeast Saskatchewan light oil producing asset acquisition completed during the first quarter of 2014. FINANCIAL AND OPERATING SUMMARY ($000s except [Read more]

NEB announces public hearing for TransCanada 2015-2030 settlement agreement

CALGARY, May 9, 2014 /CNW/ - The National Energy Board (NEB or the Board) will hold a public hearing to consider an application from TransCanada Pipelines Ltd. (TransCanada) to review its request for approval of its 2015 to 2030 tolls application for its Canadian Mainline System. The application is based on a settlement agreement negotiated between TransCanada and Enbridge Gas Distribution Inc., Union Gas Limited and Gaz Métro Limited Partnership. The application proposes tolls for the 2015 [Read more]

Enerplus Announces Strong First Quarter 2014 Results

All financial information contained within this news release has been prepared in accordance with U.S. GAAP including comparative figures pertaining to Enerplus' 2013 results. This news release includes forward-looking statements and information within the meaning of applicable securities laws.  Readers are advised to review the "Forward-Looking Information and Statements" at the conclusion of this news release. Readers are also referred to "Non-GAAP Measures" at the end of this news release for [Read more]

Whitecap Resources Inc. announces first quarter 2014 results

CALGARY, May 8, 2014 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to announce that we have filed on SEDAR our unaudited interim 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 Whitecap's unaudited interim financial statements and related MD&A which are available for review [Read more]

Athabasca Oil Corporation Reports First Quarter 2014 Financial and Operating Results

CALGARY, May 8, 2014 /CNW/ - Athabasca Oil Corporation (TSX: ATH) ("Athabasca" or "the Company") is pleased to report its first quarter 2014 financial and operating results. First quarter highlights: produced an average of 6,299 barrels of oil equivalent per day ("boe/d") with 47% liquids, in line with guidance of 6,000 to 6,500 boe/d; obtained initial results from two Duvernay wells, one well was brought on stream with an established 30-day restricted rate of approximately 750 boe/d with [Read more]

Legacy Oil + Gas Inc. announces deleveraging light oil corporate acquisition and increase to 2014 guidance

CALGARY, May 7, 2014 /CNW/ - Legacy Oil + Gas Inc. ("Legacy" or the "Company") (TSX:LEG) is pleased to announce the acquisition of Highrock Energy Ltd. ("Highrock"), a Saskatchewan based private light oil company (the "Acquisition"), and an increase to Legacy's average and exit production guidance for 2014.  The Acquisition represents the first step in enhancing the Company's balance sheet to position the Company for higher production and funds flow from operations growth. SUMMARY OF THE [Read more]

PanTerra Resource Corp. Announces Recapitalization Financing and New Management Team

CALGARY, May 7, 2014 /CNW/ - PanTerra Resource Corp. ("PanTerra" or the "Corporation") is pleased to announce that it has entered into a definitive reorganization and investment agreement (the "Agreement") with Tim de Freitas, Dorothy Else, Carrie McLauchlin, Yvonne McLeod, Greg Feltham, Kavanagh Mannas and Bob Quartero (the "Initial Investor Group"), which provides for: (i) a non-brokered private placement of up to an aggregate of approximately $20.0 million (the "Private Placement"); (ii) the [Read more]