BOE Report

Connacher Announces New Board Member

CALGARY, Jan. 28, 2014 /CNW/ - Connacher Oil and Gas Limited (TSX: CLL) ("Connacher" or the "Company") announces that Glen D. Roane has been appointed to its Board of Directors effective January 27, 2014. Mr. Roane has extensive professional experience as a successful investment banker and portfolio manager. In recent years he has been involved as a director of several companies and has contributed significantly to their success. He currently serves as a director of Enerplus Resources [Read more]

National Energy Board responds to gas pipeline explosion south of Winnipeg

CALGARY, Jan. 25, 2014 /CNW/ - The National Energy Board (NEB or the Board) is responding to a pipeline incident that took place in an isolated area near the town of Otterburne, approximately 25 kilometres south of Winnipeg, Manitoba, on a sweet natural gas pipeline owned and operated by TransCanada Pipeline Inc. (TCPL). The pipeline break and resulting fire, which were reported to the NEB shortly after 3 am (MST) this morning, did not cause any harm to local residents, but as a precaution one [Read more]

Consulting Engineers Support Northern Gateway Pipeline

CALGARY, Jan. 23, 2014 /CNW/ - "The Consulting Engineers of Alberta fully support the Northern Gateway Pipeline," says CEA President Craig Clifton, P.Eng. "At our Board meeting yesterday, we reviewed the decision of the National Energy Board Joint Review Panel that recommended approval of the pipeline project. Our discussion related to the capabilities of professional engineers to design and construct a pipeline that would efficiently carry crude oil and bitumen from Alberta to the West Coast [Read more]

Hawk announces granting of incentive stock options, provides operational update and updated corporate presentation

CALGARY, Jan. 22, 2014 /CNW/ - Hawk Exploration Ltd. ("Hawk" or the "Corporation") announces that it has granted a total of 1,136,500 options to directors, officers, employees and consultants, of which 975,000 were granted to directors and executive officers. Each option entitles the holder the right to acquire one Class A Share of the Corporation at an exercise price of $0.42 per Class A Share and expires ten years from the date of issue. The options vest equally over a three year period on the [Read more]

Cequence Announces Expanded Ansell Project and Production of 12,000 boepd

CALGARY, Jan. 21, 2014 /CNW/ - Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) is pleased to announce expansion of its project at Ansell and production of 12,000 boepd. Ansell Project Cequence is pleased to announce the initial success of the Company's Wilrich drilling program at Ansell and the addition of key lands increasing its total landholdings to 46.5 gross sections. The most recent Wilrich well was drilled at 14-19 (49 % working interest) and tested at 2,500 boepd, and has [Read more]

Penn West Provides Fourth Quarter, 2013 Operational Update and Announces Additional Non-Core Asset Dispositions for Expected Proceeds of Approximately $175 Million

CALGARY, Jan. 21, 2014 /CNW/ - PENN WEST PETROLEUM LTD. (TSX: PWT) (NYSE: PWE) ("Penn West", "our" or the "Company") is pleased to provide an operational update on fourth quarter 2013 activities and announces additional non-core asset dispositions for expected proceeds of approximately $175 million. OVERVIEW On November 6, 2013 Penn West released a long-term strategy to position itself as a stronger and more vibrant company with the goal of becoming Canada's leading conventional liquids [Read more]

Whitecap Resources Inc. announces 51% increase to 2013 year-end reserves and provides operational update

CALGARY, Jan. 21, 2014 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to announce the results of its 2013 year-end oil and gas reserves evaluation, a 51% increase over year-end 2012 reserves. The increases reflect exceptional organic growth through the drill-bit and the completion of several accretive oil acquisitions in 2013. Whitecap is also pleased to provide our shareholders with an operational update. The following highlights and reserves information do [Read more]

Marquee Energy Ltd. announces grant of options and provides drilling update

CALGARY, Jan. 21, 2014 /CNW/ - Marquee Energy Ltd. ("Marquee" or the "Company") (TSXV: "MQL") announced today that options to acquire an aggregate of 2,380,000 common shares have been granted to certain directors, officers and employees of the Company at a price $0.80 per common share.  The option grants are subject to the approval of, and the Company fulfilling the requirements of, the TSX Venture exchange. Marquee drilled a total of 8 wells at Michichi in 2013, 7 in the second half of the [Read more]

Novus Energy Inc. announces completion of acquisition by Yanchang Petroleum International Limited

CALGARY, Jan. 20, 2014 /CNW/ - Novus Energy Inc. ("Novus" or the "Company") (TSXV: NVS) is pleased to announce that the previously announced acquisition of the Company by Yanchang Petroleum International Limited ("Yanchang Petroleum International") through its indirect wholly-owned subsidiary, Yanchang International (Canada) Limited, pursuant to a plan of arrangement under the Business Corporations Act (Alberta) (the "Arrangement") has been completed. Pursuant to the Arrangement, Novus [Read more]

Yangarra Provides Operations Update

CALGARY, Jan. 20, 2014 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSXV: YGR) provides 2013 operations summary, December 2013 exit production, 2014 operations update, and current production. 2013 Operations Summary The Company has successfully drilled and completed 15 gross (10.6 net) wells during 2013, in addition to completing 2 gross (0.6 net) wells that were drilled in 2012.  All of the wells drilled in 2013 were completed by December 31, 2013, with the last 3 wells [Read more]