BOE Report

Marquee Energy Announces Second Quarter Results, Generates Record Cash Flow for the Quarter

CALGARY, Aug. 22, 2013 /CNW/ - Marquee Energy Ltd. ("Marquee" or the "Company") (TSXV: "MQL") is pleased to announce its second quarter 2013 operating and financial results. The Company's financial statements and management's discussion and analysis for the second quarter of 2013 are available on SEDAR at www.sedar.comand on Marquee's website at www.marquee-energy.com. ACHIEVEMENTS AND HIGHLIGHTS The Company achieved significant growth in funds flow from operations on both a boe and per share [Read more]

Penn West Exploration Announces Employee Reductions

CALGARY, Aug. 22, 2013 /CNW/ - PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE - PWE) ("PENN WEST" or "the Company") announced today that as part of the ongoing process to improve competitive performance, the Company has further reduced its workforce to less than 1,600 full time equivalent employees. To date in 2013, the Company has reduced total employee count by over 25% from approximately 2,150 full time employees at the beginning of the year and by 30% from approximately 2,250 in the fall of [Read more]

TriOil Resources Ltd. Announces Record Production and Second Quarter Financial Results

CALGARY, Aug. 21, 2013 /CNW/ - TriOil Resources Ltd. ("TriOil" or the "Company") (TSXV:TOL) is pleased to announce that it has filed its financial statements and related Management's Discussion and Analysis ("MD&A") for the three and six months ended June 30, 2013 on SEDAR.  Selected financial and operational information is outlined below and should be read in conjunction with TriOil's unaudited interim financial statements and related MD&A, available for review [Read more]

Palliser Oil & Gas Corporation reports second quarter 2013 results, record funds flow from operating activities

CALGARY, Aug. 21, 2013 /CNW/ - Palliser Oil & Gas Corporation ("Palliser" or the "Company") (TSX VENTURE:PXL) is pleased to announce financial and operating results for the three and six months ended June 30, 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 to the financial statements and related MD&A which will be available at www.sedar.com and [Read more]

Joint Venture Framework Agreement for Muskwa and Godin Areas Temporary Slow Down of West Ells Project

CALGARY, Alberta, Aug. 18, 2013 /CNW/ - Sunshine Oilsands Ltd. ("Sunshine" or the "Corporation") (HKEX: 2012, TSX: SUO) is pleased to announce that it has entered into a Framework Agreement with an international third party to pursue a joint venture involving its Muskwa and Godin area oilsands leases. The Framework Agreement provides for a 50 - 50 joint venture pursuant to which the third party will be responsible for investing up to $250 million, and contribute a thermal enhanced recovery [Read more]

Pinecrest Energy Inc. announces its 2013 second quarter results

CALGARY, Aug. 15, 2013 /CNW/ - Pinecrest Energy Inc. ("Pinecrest" or the "Company") is pleased to announce that it has filed on SEDAR its unaudited financial statements and related Management's Discussion and Analysis ("MD&A") for the three and six months ended June 30, 2013.  The statements will be available for review atwww.sedar.com or www.pinecrestenergy.com. Second Quarter 2013 Achievements Pinecrest is pleased to provide the following update on our achievements during the three [Read more]

Cenovus closes US$800 million debt offering

Proceeds to be used for early redemption of 2014 notes CALGARY, Aug. 15, 2013 /CNW/ - Cenovus Energy Inc. (TSX, NYSE: CVE) has completed a public offering in the United States of US$800 million in senior unsecured notes in two series - US$450 million 3.8% senior notes due 2023 and US$350 million 5.2% senior notes due 2043. The notes were issued under Cenovus's short form base shelf prospectus dated June 6, 2012, as amended, and a prospectus supplement dated August 12, 2013 filed with [Read more]

Connacher Announces Second Quarter 2013 Results

CALGARY, Aug. 14, 2013 /CNW/ - Connacher Oil and Gas Limited (CLL - TSX; "Connacher" or the "Company") is pleased to announce the release of its financial and operating results for the second quarter ending June 30, 2013 ("Q2 2013"), a summary of which is set out below. Q2 2013 Highlights: EBITDA of $24 million, a 125% increase from Q1 2013 Bitumen production averaged 11,572 bbl/d Bitumen netback of $31.79/bbl, a 93% increase from Q1 2013 Funds flow from continuing operations of $6 [Read more]

Twin Butte Energy announces 2013 Q2 results

CALGARY, Aug. 14, 2013 /CNW/ - (TSX: TBE) - Twin Butte Energy Ltd. ("Twin Butte" or the  "Company") is pleased to report financial and operational results for the three and six months ended June 30, 2013. Highlights of Twin Butte's second quarter 2013 are as follows: Continued demonstration of a disciplined business plan, supporting our sustainable dividend paying model with a payout ratio of 81 percent and a total payout ratio net of the DRIP and SDP of 77 percent in the second quarter [Read more]

Sunshine Oilsands Ltd. Announces Results for Second Quarter 2013

HONG KONG, Aug. 14, 2013 /CNW/ - Sunshine Oilsands Ltd. ("Sunshine" or the "Company") today announced its financial results for the second quarter of 2013. The Company's condensed interim consolidated financial statements, notes to the condensed interim consolidated financial statements and Management's Discussion and Analysis have been filed on SEDAR (www.sedar.com ) and with the SEHK at (www.hkexnews.hk ) and are available on the Company's website (www.sunshineoilsands.com ). All figures are [Read more]