BOE Report

New NEB Report Provides Overview of Key Energy Market Dynamics

CALGARY, March 31, 2014 /CNW/ - Today the National Energy Board (NEB or the Board) released a new energy market assessment entitled Canadian Energy Dynamics: 2013. The assessment provides an overview of key elements in Canada's energy markets, and how these elements changed in 2013. The energy sector in Canada is dynamic and continually being shaped by new sources of supply, changing demand, and integrated infrastructure development. Important developments in Canadian energy markets in 2013 [Read more]

Longview Announces 2013 Year End Financial Results and Independent Reserve Report

CALGARY, March 27, 2014 /CNW/ - Longview Oil Corp. ("Longview" or the "Corporation") (TSX: LNV) announces the financial and operating results for the year ended December 31, 2013 and the accompanying reserves as of December 31, 2013. Three months ended   Year ended   December 31,   December 31,   2013   2012   2013   2012         Financial ($000, except as otherwise indicated) [Read more]

Advantage Announces 2013 Year End Financial & Operating Results and Glacier Operational Update

CALGARY, March 27, 2014 /CNW/ - Advantage Oil & Gas Ltd. ("Advantage" or the "Corporation") is pleased to report the unconsolidated financial and operating results (excludes Longview Oil Corp.) for the three months and year ended December 31, 2013. Advantage's remaining non-core assets which had a production rate of approximately 5,600 boe/d were divested on April 30, 2013. As a result, financial and operating results during the second half of 2013 are more representative of our industry [Read more]

Canadian International Oil Corp. Announces Completed Private Placement, Partnership With Riverstone Holdings

CALGARY, Alberta, March 27, 2014 /CNW/ - Canadian International Oil Corp. ("CIOC") announced today an equity commitment of C$200 million from energy private equity firm Riverstone Holdings LLC ("Riverstone"). The Riverstone commitment comprises C$133 million from Riverstone Global Energy and Power Fund V ("Fund V") and C$67 million from Riverstone Energy Limited ("REL"). This investment will be used to fund CIOC's development program in the Western Canadian Deep Basin. Since its founding in [Read more]

Sunshine Oilsands Ltd. Announcement of results for the fourth quarter and the year ended December 31, 2013

HONG KONG, March 26, 2014 /CNW/ - Sunshine Oilsands Ltd. (the "Corporation" or "Sunshine") (HKEX: 2012; TSX: SUO) today announced its financial results for the fourth quarter and year ended December 31, 2013. The Corporation's consolidated financial statements, notes to the consolidated financial statements, Management's Discussion and Analysis and Annual Information Form have been filed on SEDAR (www.sedar.com) and with the SEHK (www.hkexnews.hk) and are available on the Corporation's website [Read more]

Legacy Oil + Gas Inc. Announces Record Cash Flow From Operations, Year-End Results and Files Annual Information Form

CALGARY, March 25, 2014 /CNW/ - Legacy Oil + Gas Inc. ("Legacy" or the "Company") (TSX:LEG) 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 Legacy's audited financial statements, [Read more]

Yangarra Announces Year End 2013 Financial, Operating Results and Reserves

CALGARY, March 25, 2014 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX-V:YGR) releases its 2013 financials and reserves. 2013 Financial and Operating Highlights During the year ended December 31, 2013 the Company completed the following significant milestones: Average daily production was 2,206 boe/d, a 15% increase from 2012. Funds flow from operations were $26 million ($0.21 per share - basic), a 76% increase from 2012. Earnings before interest, taxes, depletion [Read more]

Hawk announces year end reserves and provides operations update

CALGARY, March 25, 2014 /CNW/ - Hawk Exploration Ltd. ("Hawk" or the "Corporation") is pleased to provide an operations update and a summary of its December 31, 2013 reserve information as evaluated by GLJ Petroleum Consultants Ltd. ("GLJ"). HIGHLIGHTS Increased total proved plus probable oil reserves by 5% from 1,725 thousand barrels of oil equivalent ("MBoe") to 1,814 MBoe while total proved reserves increased slightly from 1,137 MBoe in 2012 to 1,145 MBoe in 2013; Added total proved [Read more]

Enerplus Announces Cash Dividend for April 2014 and Elimination of Discount on Stock Dividend Program

CALGARY, March 25, 2014 /CNW/ - Enerplus Corporation ("Enerplus") (TSX: ERF) (NYSE: ERF) announces that a cash dividend in the amount of CDN$0.09 per share will be payable on April 21, 2014 to all shareholders of record at the close of business on April 4, 2014. The ex-dividend date for this payment is April 2, 2014. The CDN$0.09 per share dividend is equivalent to approximately US$0.08 per share if converted using the current Canadian/US dollar exchange rate of 0.8915. The U.S. dollar [Read more]

High North Resources Ltd. announces reduction in gross Overriding Royalty

CALGARY, March 24, 2014 /CNW/ - High North Resources Ltd. (TSXV: HN) (the "Company" or "High North") is pleased to announce that it has entered into an amending agreement on March 21, 2014 (the "Agreement") with Gamma Ventures Inc., Tiger Moth Energy Inc., Triple Pacer Resources Ltd. and McCowan Exploration Management Ltd. (the "Farmors"). The Agreement reduces the rate of the overriding royalty (the "Overriding Royalty") payable under three farmout agreements between the Company and the Farmors [Read more]