BOE Report

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]

Connacher Provides Second Quarter 2013 Operational Update

CALGARY, July 16, 2013 /CNW/ - Connacher Oil and Gas Limited (CLL - TSX; "Connacher" or the "Company") is pleased to provide the following operational update for Q2 2013 and confirms the timing of its Q2 2013 conference call and call-in details. Production Connacher's production for Q2 2013 averaged 11,500 bbl/d based on field estimates. Production was 7% lower than the prior quarter (Q1 2013 12,406 bbl/d) due to planned interruptions associated with steam generator upgrades completed at Algar [Read more]

Ivanhoe Receives Letter of Non-Objection from Mikisew Cree First Nation Concerning the Tamarack Project

CALGARY, July 16, 2013 /CNW/ - Ivanhoe Energy Inc. (TSX: IE; NASDAQ: IVAN) announced today that it has established a long-term relationship and negotiated a letter of non-objection regarding the Tamarack project with the Mikisew Cree First Nation. Ivanhoe Energy has now successfully secured letters of non-objection from five of the seven stakeholders that filed Statements of Concern (SOC) and continues efforts to resolve the final two SOCs. Ivanhoe Energy is an independent international [Read more]

Advantage Announces Evaluation of Glacier’s Montney Contingent Resources

CALGARY, July 15, 2013 /CNW/ - Advantage Oil & Gas Ltd. ("Advantage") engaged Sproule Associates Ltd. ("Sproule") as an independent qualified reserve evaluator to provide an evaluation of the petroleum and natural gas Montney best estimate contingent resources ("2C") and related future net revenue of Advantage's Glacier property as of March 31, 2013("Sproule 2C Contingent Evaluation") in accordance with National Instrument 51-101 and the Canadian Oil and Gas Evaluation Handbook ("COGE [Read more]

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]