BOE Report

Surge Energy Inc. Announces First Quarter 2013 Results

CALGARY, May 10, 2013 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX:SGY.TO) is pleased to announce its financial and operating results for the three month period endedMarch 31, 2013. FINANCIAL AND OPERATING SUMMARY: Three Months Ended March 31 ($000s except per share amounts) 2012 2011 % change Financial highlights Oil and NGL sales 48,216 47,366 2% Natural gas sales 5,355 3,678 46% Other [Read more]

Enerplus Announces Strong 2013 First Quarter Results

This news release includes forward-looking statements and information within the meaning of applicable securities laws.  Readers are advised to review the "Cautionary Note Regarding Forward-Looking Information and Statements" at the conclusion of this news release. Readers are also referred to "Information Regarding Operational Information" and "Non-GAAP Measures" at the end of this news release for information regarding the presentation of the financial and operational information contained in [Read more]

Longview Announces First Quarter 2013 Results

CALGARY, May 9, 2013 /CNW/ - Longview Oil Corp. ("Longview" or the "Corporation") is pleased to announce the financial and operating results for the quarter ended March 31, 2013. Three months ended March 31, 2013   December 31, 2012   March 31, 2012   Financial ($000, except as otherwise  indicated) Sales including realized hedging  $ 33,729 $   36,388 $   40,425 per share (1)  $ 0.72 $   0.78 $   [Read more]

Advantage Announces First Quarter 2013 Results

Solid Operating and Financial Results Supports Development Plan to Double Production at Glacier (TSX: AAV, NYSE: AAV) CALGARY, May 9, 2013 /CNW/ - Advantage Oil & Gas Ltd. ("Advantage" or the "Corporation") is pleased to announce the financial and operating results for the three months ended March 31, 2013. The following press release summarizes and discusses the unconsolidated financial and operating highlights for Advantage (excludes Longview Oil Corp). Three months [Read more]

Marquee Energy announces significant advances in Michichi area and adopts advance notice by-law

CALGARY, May 9, 2013 /CNW/ - Marquee Energy Ltd. ("Marquee" or the "Company") (TSXV: "MQL") is pleased to provide an operations update on its core Michichi area. The results from the Company's latest round of drilling started in Q4-2012 demonstrate the significant advancement in the Company's knowledge of the area. The Company is also pleased to announce that its board of directors has approved the adoption of an advance notice by-law on May 9, 2013. Michichi Early in Q4-2012 Marquee [Read more]

Whitecap announces increase to credit facilities

CALGARY, May 9, 2013 /CNW/ - Whitecap Resources Inc. ("Whitecap", "we", "our" or the "Company") (TSX:WCP.TO) is pleased to announce that based on the annual borrowing base review, our lenders have agreed to increase our credit facility 16 percent to $520 million from the previous $450 million. The increase does not include our recent Dodsland Viking light oil acquisition announced on April 29, 2013 and reflects the high quality nature of our assets and their ability to generate considerable cash [Read more]

Surge Energy Inc. announces management changes, private placement and sale of non-core assets

CALGARY, May 8, 2013 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX:SGY.TO) is pleased to announce certain senior management changes, effective immediately, a private placement of up to $2.5 million, and the sale of certain non-core, non-operated assets for proceeds of approximately US$42.75 million. MANAGEMENT CHANGES: The Board of Directors of Surge ("Board") is pleased to announce that they have unanimously agreed to appoint Mr. Paul Colborne as the President and CEO of Surge, [Read more]

Longview Announces Executive Appointment

CALGARY , May 8, 2013 /CNW/ - Longview Oil Corp. ("Longview" or the "Corporation") is pleased to announce that Mr. Lionel Derochie has been appointed to the position of Vice President of Operations effective May 1 , 2013. Mr. Derochie has over 30 years of experience in the Western Canadian oil & gas industry with a focus on reservoir engineering, production and enhanced oil recovery operations. He is a graduate of Queen's University with a Bachelor of Science in Engineering Physics and spent [Read more]

Bellatrix Exploration Ltd. Announces First Quarter 2013 Financial Results

TSX, NYSE MKT: BXE CALGARY, May 8, 2013 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE MKT: BXE) announces its financial and operating results for the three months ended March 31, 2013. Forward-Looking Statements This press release, including the report to shareholders, contains forward-looking statements.  Please refer to our cautionary language on forward-looking statements and the other matters set forth at the beginning of the management's discussion and [Read more]

Athabasca Oil Corporation announces the departure of its President and the creation of an Executive Operations and Development Committee

CALGARY, May 6, 2013 /CNW/ - Athabasca Oil Corporation (TSX:  ATH) announces that Mr. Bryan Gould, president, has left the Company. "We appreciate the many contributions that Bryan made during his time with Athabasca and wish him all the best in his future endeavours." said Mr. Sveinung Svarte, chief executive officer. Effective immediately, Mr. Svarte will assume the responsibilities of president, in conjunction with his role as chief executive officer. The company has formed an executive [Read more]