BOE Report

Alliance Pipeline Offers Post-2015 Capacity

CALGARY, July 15, 2013 /CNW/ - Alliance Pipeline announced today it is offering capacity on its system for natural gas transportation services effective December 1, 2015. Starting August 15, 2013, through a Precedent Agreement process, customers can express interest in December 1, 2015 capacity on the Alliance system. Capacity will be allocated on a first come, first served basis as Precedent Agreements are executed. "Since last October, when we launched our proposed New Services Framework, [Read more]

Twin Butte Energy Ltd. Provides Operational Update

CALGARY, July 15, 2013 /CNW/ - Twin Butte Energy Ltd. (TSX: TBE) ("Twin Butte" or the "Company") is pleased to provide an operational update. Based on field estimates for June, average production for Q2 2013 is estimated to be between 16,500 and 16,700 boe per day, falling slightly short of internal expectations of 17,200 boe per day or a 3% variance. Extremely wet weather and prolonged spring breakup conditions severely limited the Company's ability to access leases and truck produced oil, [Read more]

Cenovus releases 2012 corporate responsibility report

CALGARY, Alberta July 11, 2013 /CNW/ - Cenovus Energy has published its 2012 corporate responsibility report detailing the company's efforts to protect the health and safety of its workers, safeguard the environment, invest in and engage with local communities and maintain the highest standards of corporate governance and transparency. "We're committed to developing our energy resources in a responsible and environmentally-conscious way," said Jim Campbell, Cenovus Vice-President of [Read more]

Bellatrix Exploration Ltd provides operational update

CALGARY, July 10, 2013 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE MKT: BXE) is pleased to provide the following operational update. Bellatrix's corporate head offices were undamaged and its field operations remained stable and operational with only minor impacts due to flooding in southern Alberta during the second quarter of 2013. Bellatrix's field production for Q2 2013 averaged approximately 22,100 to 22,200 boe/d. Despite spring break-up and downtime [Read more]

Imperial Oil and ExxonMobil Contribute $500,000 to Alberta Flood Response

Employee volunteers, suppliers and Esso gas stations fuel recovery efforts Imperial and ExxonMobil each pledge $250,000 Hundreds of employees participate in Days of Caring Esso gift cards and other in-kind goods delivered to hardest hit communities CALGARY, July 8, 2013 /CNW/ - Imperial Oil Foundation and its majority shareholder, Exxon Mobil Corporation announced today a contribution of $500,000 for flood-response efforts in southern Alberta. Imperial provided an [Read more]

Pacific NorthWest LNG Applies for Export License

VANCOUVER, July 5, 2013 /CNW/ - Today Pacific NorthWest LNG applied to the National Energy Board (NEB) for a license to export liquefied natural gas (LNG) from its proposed LNG export facility in Port Edward, British Columbia. Pacific NorthWest LNG has applied for a license to export up to 19.68 million tonnes of LNG per year for 25 years beginning in 2019. "Today's filing for an NEB export license is another important step to bring this tremendous opportunity to reality. We believe the [Read more]

Penn West Exploration announces the resignation of Mr. Allan Markin

CALGARY, July 4, 2013 /CNW/ - PENN WEST PETROLEUM LTD. (TSX - PWT) (NYSE - PWE) ("PENN WEST")announces that effective July 5, 2013, Mr. Allan Markin will be stepping down from the Board of Penn West. On behalf of the Board of Directors, Chairman, Mr. Rick George commented "we appreciate the contributions Al has made to Penn West in the time he was on the Board.  We will continue to focus on many of the areas of value enhancement he championed." Penn West continues to progress its transition [Read more]

TriOil provides update on strategic process

  CALGARY, July 3, 2013 /CNW/ - (TSXV:TOL) TriOil Resources Ltd. ("TriOil" or the "Company") announces that it has entered into exclusive negotiations with another party in connection its previously announced strategic alternatives process. The exclusive negotiation period will likely continue through the end of August 2013. Although the terms, conditions and structuring details of any potential transaction are to be negotiated and discussed, TriOil and its counterparty are contemplating [Read more]

Surge announces closing of $240 million acquisition of Elite, large OOIP(1) crude oil asset; conversion of subscription receipts; and better than anticipated drilling results at Valhalla and Silver

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ CALGARY, July 3, 2013 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) is pleased to announce the closing of the previously announced $240 million acquisition of an elite, operated, crude oil producing asset in the southwest area of Saskatchewan; the conversion of 34,500,000 Subscription Receipts into common shares of the Company pursuant to the previously announced $247.5 million equity [Read more]

Surge announces closing of $247.5 million equity financing

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ CALGARY, July 3, 2013 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) is pleased to announce the closing of its previously announced $247.5 million equity financing. The financing was completed in connection with the previously announced acquisition (the "Acquisition") by the Company of certain assets in Saskatchewan.  The Company issued 15,000,000 units ("Units") of the Company on a [Read more]