BOE Report

Ivanhoe Addresses Fort McKay First Nation Concerns Regarding the Tamarack Project

CALGARY, July 2, 2013 /CNW/ - Ivanhoe Energy Inc. (TSX: IE; NASDAQ: IVAN) announced today that it has established a long-term relationship with the community of Fort McKay, including the Fort McKay First Nation and the Fort McKay Metis Community Association.  This relationship is based on respect for the community's efforts to preserve their traditional way of life.  As a result of the establishment of this relationship, the community has provided a letter to the regulators confirming they have [Read more]

Second Wave Petroleum Inc. Announces Completion of Going Private Transaction

CALGARY, June 28, 2013 /CNW/ - Second Wave Petroleum Inc. (TSX:SCS) ("Second Wave" or the "Company") announces completion of the previously-announced going private transaction, pursuant to which Brookfield Bridge Lending Fund Inc. ("Brookfield"), the Company's controlling shareholder, has acquired all of the outstanding Second Wave common shares not already held by Brookfield and its affiliates for cash consideration of $0.30 per share. The transaction was completed today by plan of arrangement [Read more]

Enerplus Sells Non-Core Assets and Maintains Production Guidance

CALGARY, June 27, 2013 /CNW/ - Enerplus Corporation ("Enerplus") (TSX: ERF) (NYSE: ERF) is pleased to announce that we have entered into agreements to sell various non-core assets in Canada for gross proceeds of approximately $80 million in order to further improve the focus and concentration within our portfolio. These assets consist primarily of non-operated properties producing approximately 1,000 BOE/day, of which roughly 90% is weighted to crude oil and natural gas liquids. The [Read more]

Bellatrix announces the closing of a $122 million joint venture in the Notikewin/Falher in the Willesden Green area and in the Cardium in the Brazeau area

CALGARY, June 27, 2013 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE MKT: BXE) is pleased to announce it has closed a joint venture (the "Joint Venture") with Grafton Energy Co I Ltd. ("Grafton"), to accelerate development on a portion of Bellatrix's extensive undeveloped land holdings. The Joint Venture is in Willesden Green and Brazeau areas of West-Central Alberta. Under the terms of the agreement, Grafton will contribute 82%, or $100 million, to the $122 [Read more]

Statoil Canada and PTTEP Canada Limited donate $1million to Calgary and area flood relief

CALGARY, June 26, 2013 /CNW/ - Following the worst flooding in Alberta's history, Statoil Canada Ltd., a subsidiary of Norwegian energy company, Statoil ASA, and PTTEP Canada Limited, a subsidiary of Thailand-based PTT Exploration and Production Public Company Limited (PTTEP), will donate CDN$1-million (CDN$500,000 each) to the Canadian Red Cross to help residents affected by the flooding in Calgary and other communities in Southern Alberta. "Our thoughts are with everyone affected by this [Read more]

TriOil Resources provides activity update

CALGARY, June 25, 2013 /CNW/ - TriOil Resources Ltd. ("TriOil" or the "Company") - TSXV:TOL) is pleased to provide the following update. Operational Update TriOil owns strong operational positions in three top-tier light oil and liquids rich natural gas projects - a Cardium light oil resource play at Lochend, a Dunvegan light oil play at Kaybob and a Montney liquids rich natural gas resource play at Pouce Coupe. All three projects have proven successful and the Company has an identified [Read more]

Vermilion Energy Inc. Provides Update on Impact of Alberta Flood Activity

CALGARY, June 24, 2013 /CNW/ - Vermilion Energy Inc. ("Vermilion", "the Company", "We" or "Our") (TSX, NYSE: VET) wishes to confirm that the recent flooding in Alberta has had no impact on our field operations.  Although our headquarters building in downtown Calgary is inaccessible at present due to evacuation orders from local emergency agencies, computer connections and telecommunications with our field operations remain intact with both our Canadian and overseas operations.  We expect to have [Read more]

Penn West Exploration Issues Statement Regarding Produced Water Release Near Red Earth, Alberta

CALGARY, June 23, 2013 /CNW/ - Penn West Exploration (TSX:PWT) (NYSE:PWE) announced today that onWednesday, June 19, 2013, Penn West personnel identified a failure in a produced water pipeline in the company's Slave field near Red Earth, Alberta, which is approximately 170 kilometres east of Peace River, Alberta. The pipeline was immediately shut-in and isolated, and required regulatory authorities and First Nation Communities were notified. Penn West responders were immediately dispatched to [Read more]

Cenovus contributes to southern Alberta flood relief effort

CALGARY, June 21, 2013 /CNW/ - Cenovus Energy Inc. (TSX, NYSE: CVE) is donating $1 million to assist with flood relief efforts in southern Alberta. An initial donation of $250,000 will go to the Red Cross for immediate relief efforts. The company will then work with its community partners to determine how best to allocate the remainder of the donation. "Our thoughts are with everyone across southern Alberta who is impacted by the devastating floods," said Sheila McIntosh, Cenovus Executive [Read more]

Seven Generations Energy Ltd. acquires 56 sections of additional Montney lands

CALGARY, June 21, 2013 /CNW/ - Seven Generations Energy Ltd. (the "Company") is pleased to announce that it has, by several separate transactions this month, acquired 56 square miles of rights in the Montney (and other) formations in the Grande Prairie region of west central Alberta. The land will extend the Company's Kakwa River Project and brings the net land holdings of the Company (all in the Kakwa River Project area) to approximately 357 sections, including approximately 331 sections of [Read more]