BOE Report

Bellatrix exits 2013 with record production and layers in additional commodity fixed price contracts for 2014

TSX, NYSE MKT: BXE CALGARY, Jan. 7, 2014 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE MKT: BXE) is pleased to announce it exited 2013 with record production and provides an update of its recent commodity price risk management activities. 2013 has been an extraordinary year earmarked by record production growth, announcing three separate joint ventures designed to accelerate our program on a promoted basis, an equity financing, redemption of its convertible [Read more]

Whitecap Resources Inc. closes Viking light oil acquisition and provides Q1 2014 outlook

CALGARY, Jan. 6, 2014 /CNW/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) is pleased to announce that Whitecap has completed the previously announced acquisition of a private company ("PrivateCo") pursuant to a plan of arrangement (the "Arrangement") under the provisions of the Business Corporations Act (Alberta). Whitecap has acquired all of the issued and outstanding common shares of PrivateCo through the issuance of 27,535,867 Whitecap common shares and the assumption of PrivateCo's [Read more]

LGX Oil + Gas Inc. Files Application for Judicial Review Respecting Greater Sage-Grouse Emergency Protection Order

CALGARY, Jan. 3, 2014 /CNW/ - As previously announced, LGX Oil + Gas Inc. ("LGX" or the "Company") (TSXV:OIL) and other producers have received notice from the Federal Minister of Environment of an Emergency Order for the Protection of the Greater Sage-Grouse (the "Order") pursuant to the Species at Risk Act (Canada) ("SARA"). The stated purpose of the Order is to address the imminent threats to the survival and recovery of the Greater Sage-Grouse, including protecting the habitat identified in [Read more]

Marquee Energy Ltd. announces completion of acquisition of strategic assets in Michichi core area and welcomes three new members to its Board of Directors

CALGARY, Dec. 31, 2013 /CNW/ - Marquee Energy Ltd. ("Marquee" or the "Company") (TSXV: MQL) is pleased to announce the closing of the previously announced acquisition by the Company of substantially all of the Western Canadian assets of Sonde Resources Corp. ("Sonde"), including all of its Southern Alberta properties (the "Assets"). The Assets are primarily located in Marquee's core area at Michichi, Alberta immediately offsetting Marquee's lands and production. The acquisition was completed [Read more]

Palliser Oil & Gas Corporation Announces Change to Board of Directors

/NOT FOR DISTRIBUTION IN THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ CALGARY, Dec. 23, 2013 /CNW/ - Palliser Oil & Gas Corporation ("Palliser" or the "Company") (TSX VENTURE: PXL) announces a change to the Board of Directors. Ken Crowther advises that for personal reasons, he will be resigning his position as a Director of the Company as of January 1, 2014. On behalf of the Board of Directors, Senior Management, the staff and shareholders of Palliser, we [Read more]

Athabasca Oil Corporation Closes Sale of its 50% Interest in the Light Oil Infrastructure

CALGARY, Dec. 23, 2013 /CNW/ - Athabasca Oil Corporation (TSX: ATH) ("Athabasca" or "the Company") has closed its previously announced sale of a 50% interest in the Kaybob area light oil infrastructure to a third-party for cash consideration of $145 million. Athabasca retains a 50% interest in these infrastructure assets and remains operator. About Athabasca Oil Corporation Athabasca Oil Corporation is a dynamic, Canadian energy company with a diverse portfolio of thermal and light oil assets. [Read more]

Mountainview Energy Ltd. announces appointment of new CFO

CUT BANK, MT, Dec. 23, 2013 /CNW/ - Mountainview Energy Ltd. (TSXV: MVW.V) ("Mountainview" or the "Company") is pleased to announce that Mr. Brent Osmond has been appointed Vice President, Finance and Chief Financial Officer of the Company. Mr. Osmond is a Certified Management Accountant with experience in building startup and growth oriented energy companies. Mr. Osmond has previous oil and gas CFO experience through his positions with TerraMer Inc., a private oil and gas service company and [Read more]

Novus Energy Inc. announces expected closing date for arrangement with Yanchang Petroleum International Limited

CALGARY, Dec. 23, 2013 /CNW/ - Novus Energy Inc. ("Novus" or the "Company") (TSXV: NVS) announced today that the arrangement (the "Arrangement") contemplated under the arrangement agreement among Novus, Yanchang Petroleum International Limited ("Yanchang") and its wholly-owned subsidiary dated September 3, 2013, as amended (the "Arrangement Agreement"), was approved by the requisite majority of votes cast by shareholders of Yanchang at the meeting held on December 23, 2013. Yanchang has [Read more]

First Mountain Exploration Ltd. Provides Drilling Update

CALGARY, Dec. 23, 2013 /CNW/ - First Mountain Exploration Ltd. ("First Mountain" or the "Company") (TSX Venture: FMX) wishes to advise that the well FMEL 03HZ ATL-BUFF 14-20-21-5W4M (the "well") in which it has an 85% working interest has been drilled and slotted liner has been run to the total planned depth of 1,761 meters. Recorders have been installed and the Company expects to test the well during the first week of January 2014. A Note regarding Forward Looking Information Neither the TSX [Read more]

Penn West Announces the Closing of $486 million of Non-Core Asset Divestitures

CALGARY, Dec. 20, 2013 /CNW/ - PENN WEST PETROLEUM LTD. (TSX - PWT) (NYSE - PWE) ("Penn West", "our" or the "Company") is pleased to announce that it has successfully completed its previously announced asset divestitures. On November 6, 2013, Penn West announced its intention to divest approximately $485 million of non-core assets producing approximately 12,500 boe per day as "phase one" of its divestment strategy related to the Company's long-term plan. Today, the Company announces it has [Read more]