BOE Report

PanTerra Announces Future Financing Update

CALGARY, July 29, 2013 /CNW/ - PanTerra Resource Corp. ("PanTerra" or the "Company") is pleased to announce that it has received a letter of intent from Insch Commodity Ltd ("Insch") committing a further Five Million Dollars ($5,000,000) in future funding for "go-forward" joint venture projects that PanTerra and Insch are currently involved in. This funding will be utilized for the drilling of several new wells at the Company's Tomahawk project as well as the immediate commencement of the Carrot [Read more]

PanTerra Announces Appointment of V.P. Operations

CALGARY, July 26, 2013 /CNW/ - PanTerra Resource Corp. ("PanTerra" or the "Company") is pleased to announce that it has appointed Mr. Grant Evaskevich MBA, as Vice President Operations effective immediately. Mr. Evaskevich brings a wealth of operational and field experience to PanTerra and will be responsible for the day to day running of the Company's field operations in the province. Mr. Evaskevich will be located at the Company's head office in Calgary and is a very welcome addition to the [Read more]

PanTerra Elects New Board and Amends Carrot Creek Closing

CALGARY, July 26, 2013 /CNW/ - PanTerra Resource Corp. ("PanTerra" or the "Company") is pleased to announce that, at its recently held Annual General Meeting, the following individuals have been elected to the Company's Board of Directors; Messer's Gordon F. Dixon QC (Chairman), Jake Pronk P. Geol., David Thompson CA, Geoffrey Baker and Mr.Fred P. Rumak P. Geol. Mr. J. Glenn Robinson P. Eng. did not stand for re-election due to health issues. PanTerra would like to thank Mr. Robinson for his [Read more]

Cenovus oil sands production climbs 17% in second quarter

Company starts producing oil from Christina Lake phase E Total oil production was more than 171,000 barrels of oil per day (bbls/d) net in the second quarter, a 10% increase when compared with the same period in 2012. Combined oil sands production at Foster Creek and Christina Lake averaged nearly 94,000 bbls/d net in the second quarter, up 17% from a year earlier. Production at Christina Lake climbed 35% to an average of more than 38,000 bbls/d net. Christina Lake phase E started [Read more]

Nexen releases 2012 Sustainability Report

PRINT AND ONLINE VERSION AVAILABLE CALGARY, July 23, 2013 /CNW/ - Nexen Energy ULC reported today the release of its 2012 Sustainability Report, a review of the company's health, safety, environmental, social and economic performance for the year. The report outlines Nexen's performance in 2012 and includes trends for the past three years. "This report demonstrates the effort Nexen's employees are making to maximize the benefits and minimize the negative impacts of energy development," [Read more]

Funding available to participate in the NEB’s regulatory process regarding the Trans Mountain Expansion Project

CALGARY, July 22, 2013 /CNW/ - The National Energy Board (NEB, or the Board) is making funding available under its Participant Funding Program to assist landowners, Aboriginal groups, incorporated non-industry, not-for-profit organizations, and other interested persons to participate in the regulatory process of the proposed Trans Mountain Expansion Project. The project would expand the existing Trans Mountain pipeline system in Alberta and British Columbia, and include approximately 981 [Read more]

Insignia Energy Ltd. Completes Going Private Transaction

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW./ CALGARY, July 19, 2013 /CNW/ - Insignia Energy Ltd. ("Insignia" or the "Company") (TSX: ISN) is pleased to announce that it has completed its previously announced plan of arrangement (the "Arrangement"). Pursuant to the Arrangement, ISN Acquisition Corp. ("AcquisitionCo"), a wholly-owned subsidiary of Brookfield [Read more]

Penn West Exploration Announces Organizational Changes to Streamline its Management Structure and Second Quarter Conference Call Details

CALGARY, July 18, 2013 /CNW/ - PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE - PWE) ("PENN WEST" or the "Company") announces that effective immediately it is further streamlining and focusing its management structure. Moving forward, our business will have a focus on production delivery led by Gregg Gegunde, Senior Vice President, Production and asset value enhancement led by Mark Fitzgerald, Senior Vice President, Development. The remaining members of the executive officer team will continue to [Read more]

PanTerra Announces Change to Credit Facility and Update to Previously Announced Disposition

CALGARY, July 18, 2013 /CNW/ - PanTerra Resource Corp. ("PanTerra" or the "Company") announces that it has received a commitment letter for a revised credit facility from its lender and has entered into new terms in regards to the closing of the second tranche of its previously announced sale of 60% of the Company's Working Interest in its Carrot Creek Cardium assets of Central Alberta. Pursuant to the terms of the commitment letter, the Company's revolving operating demand loan will be reduced [Read more]

Whitecap Resources Inc. closes $170 million bought deal financing and commits $450,000 to southern Alberta flood relief efforts

CALGARY, July 18, 2013 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to announce that it has completed its previously announced bought deal financing (the "Offering"). Whitecap, through a syndicate of underwriters co-led by GMP Securities L.P. ("GMP") and National Bank Financial Inc. and including DundeeSecurities Ltd., FirstEnergy Capital Corp., Macquarie Capital Markets Canada Ltd., TD Securities Inc., CIBC World Markets Inc., Raymond James Ltd., Scotia [Read more]