BOE Report

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]

Legacy Oil + Gas Inc. issues statement regarding successful shut down of natural gas well in Turner Valley

CALGARY, June 21, 2013 /CNW/ - With the receding floodwaters, Legacy Oil + Gas Inc. ("Legacy") has been able to get its emergency personnel at the well site and has confirmation that it has shut down the well releasing natural gas in the Turner Valley Field.  The well, Royalite 19, located at 5-6-20-2W5M in the southwest corner of the town of Turner Valley, had a flow line rupture due to impacts from trees and other debris in the rising floodwater. Due to the rupture, a release of natural gas [Read more]

Legacy Oil + Gas Inc. issues statement regarding natural gas release in Turner Valley

CALGARY, June 20, 2013 /CNW/ - Recent heavy rains and spring run-off in southern Alberta caused a flooding of the Sheep River.  As a precautionary measure, Legacy was in the process of shutting in production in the Turner Valley Field when a natural gas well, Royalite 19, located at 5-6-20-2W5M in the southwest corner of the town of Turner Valley, had a flow line rupture due to impacts from trees and other debris in the rising flood water.  Legacy Turner Valley and head office staff are working [Read more]

Trinidad Drilling Ltd. announces the sale of its coring and pre-set rigs

CALGARY, June 19, 2013 /CNW/ - Trinidad Drilling Ltd. ("Trinidad" or "the Company") is pleased to announce that it has entered in to an agreement to sell its coring and pre-set rigs to Alken Basin Drilling Ltd. (Alken) for $12 million in cash, excluding working capital and land and buildings. Trinidad has operated coring and pre-set rigs since 2005 in the oilsands of northern Canada in the winter and in southern Alberta in the summer. The reduction in pre-set work over the summer months and [Read more]

Imperial Oil to Convert Dartmouth Refinery to Terminal

Refinery marketing effort did not attract a buyer Conversion will begin in 2013 Care will be taken to meet the needs of customers and employees DARTMOUTH, NS, June 19, 2013 /CNW/ - Following a comprehensive evaluation of alternatives, Imperial Oil will continue to serve east coast Canadian markets by converting its Dartmouth refinery into a terminal operation. Despite interest in the refinery assets over the past year, Imperial was unable to attract a buyer to continue operating the [Read more]

Statoil makes another oil find offshore Newfoundland

ST. JOHN'S, Newfoundland and Labrador, June 19, 2013 /CNW/ - Statoil has made a discovery of light, high-quality oil in the Flemish Pass Basin, offshore Newfoundland. Oil was encountered while drilling the Harpoon prospect (EL 1112), located approximately 500 kilometres north-east of St. John's, Newfoundland and Labrador, Canada. "While it is still too early to determine Harpoon's resource potential at this time, this is very encouraging for the area and especially for the Bay du Nord well [Read more]