BOE Report

Advantage Announces Significant Increase in Reserves & Contingent Resources and Updates Guidance & Strategic Alternatives Process

CALGARY, May 21, 2013 /CNW/ - Highlights: Total Petroleum Initially in Place ("TPIIP") at Glacier increased to 16.0 Tcf 2P Reserves plus 2C Contingent Resources increased to 5.9 Tcfe 2C Contingent Resources increased to 4.20 Tcfe; 72% of which is contained in the liquids rich Middle Montney intervals that are approximately 150 meters thick 2P Reserves grew to 1.61 Tcfe which includes 11 million barrels of NGLs Our Special Committee's financial advisors will immediately [Read more]

ShawCor Names New Chair & Vice Chair And Reports Voting Results from Annual General Meeting

TORONTO, May 17, 2013 /CNW/ - ShawCor Ltd. (TSX:SCL.TO) announced today that its Board of Directors had appointed independent director John F. (Jack) Petch as its new Chair of the Board.  Mr. Petch joined the ShawCor Board in 2005 and has previously served as its Lead Director, Chair of the Corporate Governance Committee and Chair of the Special Committee which was constituted in the fall of 2012 in connection with ShawCor's strategic review process. Another independent director, Robert J. [Read more]

Palliser Oil & Gas Corporation Reports First Quarter 2013 Financial and Operating Results

/NOT FOR DISTRIBUTION IN THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES / CALGARY , May 16, 2013 /CNW/ - Palliser Oil & Gas Corporation ("Palliser" or the "Company") (TSXV: PXL) is pleased to announce financial and operating results for the three months ended March 31, 2013 . Certain selected financial and operational information is set out below and should be read in conjunction with Palliser's unaudited condensed financial statements complete with the notes [Read more]

Equal Energy Announces Shareholder Vote Results, Names New Chairman

OKLAHOMA CITY , May 16, 2013 /CNW/ - Equal Energy Ltd. (EQU) (TSX:EQU.TO) is pleased to announce the appointment of Michael Doyle as Chairman. Equal thanks Dan Botterill, the previous Chairman who did not stand for re-election and two other outgoing directors also not standing for re-election, Roger Giovanetto and Peter Carpenter , for their dedicated service. At the Annual and Special Meeting of Shareholders, held on May 13, 2013 , all seven director nominees were elected by a majority of [Read more]

Whitecap Resources Inc. Announces Closing of Previously Announced Offerings

/NOT FOR DISTRIBUTION IN THE UNITED STATES ./ CALGARY , May 16, 2013 /CNW/ - - Whitecap Resources Inc. ("Whitecap") is pleased to announce that it has closed its previously announced public offering of 10,393,000 common shares, including 1,114,000 common shares issued pursuant to the full exercise of the over-allotment option, with a syndicate of underwriters led by GMP Securities L.P. and National Bank Financial Inc. and including Dundee Securities Ltd., FirstEnergy Capital Corp., Macquarie [Read more]

McCoy Corporation appoints permanent Chief Financial Officer

EDMONTON, May 16, 2013 /CNW/ - McCoy Corporation("McCoy" or "the Company") (TSX:MCB.TO), a supplier of innovative products and services for the global energy industry, today announced the appointment and promotion ofMr. Jacob Coonan as the Company's Chief Financial Officer ("CFO"), effective immediately. "Jacob has excelled in his role as Interim CFO, demonstrating strong leadership and a great depth of knowledge," said Jim Rakievich, President and CEO of McCoy. "The Board of Directors and I [Read more]

Marquee Energy announces first quarter results, increases production to 2,266 boe/d, increases oil and NGL weighting to 63%

CALGARY, May 15, 2013 /CNW/ - Marquee Energy Ltd. ("Marquee" or the "Company") (TSXV: "MQL") is pleased to announce its first quarter 2013 operating and financial results. ACHIEVEMENTS AND HIGHLIGHTS The Company achieved significant increases in both production and the oil and liquids proportion of production in the quarter.  The Company's core Michichi and Lloydminster areas now represent 65% of total production, and 77% of total oil and liquids production, compared to 10% and 16% [Read more]

Second Wave Petroleum Inc. Announces Filing of First Quarter 2013 Financial Results

CALGARY, May 15, 2013 /CNW/ - Second Wave Petroleum Inc. ("Second Wave" or the "Company") announced today the filing of its interim financial statements and management's discussion and analysis for the quarter ended March 31, 2013, which have been filed on SEDAR atwww.sedar.com. Financial Summary Three months ended March 31, Three months ended  December 31, ($000s, except per share and per boe amounts) 2013 2012 % ∆ 2012 % ∆ (1) Sales [Read more]

Connacher Announces First Quarter 2013 Results

CALGARY, May 14, 2013 /CNW/ - Connacher Oil and Gas Limited (CLL - TSX; "Connacher" or the "Company") announces the release of its financial and operating results for the first quarter 2013 ending March 31, 2013, a summary of which is set out below. These are the first results for Connacher as a focusedin situ oil sands developer, producer and marketer of bitumen. The Company's near term objectives are to deliver successive and sustained improvement in operating and financial results and [Read more]

Twin Butte Energy announces 2013 Q1 results

CALGARY , May 14, 2013 /CNW/ - (TBE.TO) - Twin Butte Energy Ltd. ("Twin Butte" or the  "Company") is pleased to report financial and operational results for the three months ended March 31, 2013 . Highlights of Twin Butte's first quarter 2013 are as follows: Continued demonstration of a disciplined capital program, providing our sustainable dividend paying model with a payout ratio of 97 percent and a total payout ratio net of the DRIP of 94 percent in the first quarter 2013. This was [Read more]