BOE Report

Western Energy Services Corp. Completes Acquisition of IROC Energy Services Corp.

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ CALGARY, April 22, 2013 /CNW/ - Western Energy Services Corp. ("Western") (TSX:WRG.TO) and IROC Energy Services Corp. ("IROC") (TSXV:ISC.V) are pleased to announce the closing of the previously announced acquisition of IROC by Western. Further to the joint press release by Western and IROC datedFebruary 22, 2013, Western acquired all of the outstanding securities of IROC by way of a plan of [Read more]

Sunshine Oilsands Ltd.: Update on West Ells Project Capital Cost Estimate and Construction Schedule

This is an announcement made pursuant to the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Cap. 571) and Rule 13.09 of the Rules Governing the Listing of Securities on the Stock Exchange. HONG KONG, April 22, 2013 /CNW/ - Sunshine Oilsands Ltd.("Sunshine") (HKEX: 2012; TSX: SUO) has undertaken a detailed review of its cost estimate and schedule for the West Ells SAGD Project, currently under construction near Ft. McMurray, Alberta. The installed cost [Read more]

Butte appoints CEO and President

/NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES/ TSXV:BEN CALGARY, April 19, 2013 /CNW/ - Butte Energy Inc. (the "Company") is pleased to announce that Mr. Ty Pfeifer was appointed CEO and President effective April 18, 2013. Charles Baker who is stepping down from his executive role to pursue other interests will continue to serve as a Director of the Company. Mr. Pfeifer, previously appointed as the Company's Vice President, Business Development, is [Read more]

IROC Energy Services Corp. provides a first quarter operational and transaction update

/THIS PRESS RELEASE IS NOT FOR DISSEMINATION IN UNITED STATES OR TO ANY UNITED STATES NEWS SERVICES./ CALGARY, April 18, 2013 /CNW/ - IROC Energy Services Corp. ("IROC" or the "Corporation") (TSXV:ISC.V). In anticipation of the closing of the previously announced transaction between IROC and Western Energy Services Corp. (the "Western Transaction"), the Corporation is pleased to provide an update on IROC's first quarter activity as well as an update on the status of the Western [Read more]

Poseidon Concepts Corp. to be delisted from TSX

The TSX published a press release yesterday stating that it will be desisting Poseidon Concepts Corp. The Calgary-based oilfield services company has been grappling with a number of problems, including the discovery that most of its revenue in the first nine months of 2012 was improperly booked and must be restated. From the TSX press release: TORONTO , April 17, 2013 /CNW/ - DELISTING REVIEW Poseidon Concepts Corp. (the "Company") - Further to TSX Bulletin 2013-0347 dated April 10, 2013 , [Read more]

Legacy Oil + Gas Inc. announces closing of light oil corporate and asset Acquisitions

CALGARY, April 17, 2013 /CNW/ - Legacy Oil + Gas Inc. ("Legacy" or the "Company") (TSX:LEG.TO) has closed the acquisition of Villanova Oil Corp. ("Villanova") and the acquisition of light oil assets from a senior producer previously announced on April 3, 2013 (the "Acquisitions").  Through the Acquisitions, Legacy acquired high quality, high netback, light oil assets focused in its southeast Saskatchewan and Turner Valley core areas for total consideration of $108.6 million in cash (subject to [Read more]

Novus Energy Inc. reports significant 2012 reserves & production growth

CALGARY, April 17, 2013 /CNW/ - Novus Energy Inc. ("Novus" or the "Company") (TSXV:NVS.V) is pleased to announce a substantial increase to its reserves and production from its successful 2012 capital program. The Company's year-end independent reserve evaluation was prepared by Sproule Associates Limited ("Sproule") effectiveDecember 31, 2012 (the "Sproule Report"). Reserve Highlights Proved reserves at December 31, 2012 increased by 68% to 14.85 million boe, up substantially from 8.84 [Read more]

Cequence Energy announces completion of the asset exchange for properties in Simonette and Resthaven

CALGARY, April 15, 2013 /CNW/ - Cequence Energy Ltd. ("Cequence") (TSX:CQE.TO) is pleased to announce that it has closed the previously announced asset exchange with Donnybrook Energy Inc. ("Donnybrook") (TSXV:DEI.V) for Donnybrook's oil and gas properties located in the Simonette and Resthaven areas of Alberta (the "Donnybrook Assets") for Cequence's oil and gas assets located in the Fir area and an aggregate of 10,300,000 common shares in the capital of Cequence ("Cequence Shares").  The [Read more]

Madalena Provides an Update on its Domestic and International Operations and Increases its Production Capability to Approximately 2,000 boe/d

TSXV Trading Symbol: MVN CALGARY , April 15, 2013 /CNW/ - Madalena Ventures Inc. (MVN.V) (the "Company" or "Madalena") is pleased to provide operational updates across its Western Canadian ("domestic") and International assets. With the focus on production growth to start 2013, Madalena's productive capability is approximately 2,000 boe/d (44% oil and natural gas liquids ("NGLs")), representing a 900% increase from the Company's October 2012 production level. The Company has a current base [Read more]

Yangarra Appoints Vice President, Operations and Grants Stock Options

CALGARY , April 11, 2013 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or "the Company") (YGR.V) announces the appointment of Lorne Simpson, as Vice President, Operations. Mr. Simpson has over 30 years of drilling and completions experience. Most recently, Mr. Simpson held the position of Manager of Drilling and Completions at Yangarra. Prior to that Mr. Simpson was Supervisor, Drilling Operations with PetroBakken Energy Ltd and has held various other senior level roles in his career. Mr. Simpson [Read more]