BOE Report

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]

Keyera and Plains Solicit Interest in Construction of New Liquids Pipeline System

CALGARY , April 10, 2013 /CNW/ - Keyera Corp. (KEY.TO) (KEY-DBA.TO) ("Keyera") and Plains Midstream Canada ULC, a wholly owned subsidiary of Plains All American Pipeline, L.P. (PAA) ("Plains"), announced today they have entered into an arrangement to solicit interest in the construction of a jointly-owned liquids pipeline system in northwest Alberta. The proposed pipeline system, to be called the Western Reach Pipeline System, is anticipated to run from the Gordondale area of northwestern [Read more]

Palliser Oil & Gas Corporation Reports Significant Increase in 2012 Year End Reserves and 2012 Financial and Operating Results

CALGARY, April 10, 2013 /CNW/ - Palliser Oil & Gas Corporation ("Palliser" or the "Company") (TSX VENTURE:PXL) is pleased to report 2012 year end reserves and financial and operating results for the three months and year ended December 31, 2012. Certain selected financial and operational information is set out below and should be read in conjunction with Palliser's financial statements complete with the notes to the financial statements and related MD&A which will be available at [Read more]

Advantage Announces New Natural Gas Commodity Price Hedges

(TSX: AAV, NYSE: AAV) CALGARY , April 8, 2013 /CNW/ - Advantage Oil & Gas Ltd. ("Advantage" or the "Corporation") announces that it has entered into new natural gas commodity price hedges for 2014 to 2016. These hedges will provide cash flow stability to support our capital program that will focus on doubling production at Glacier to 200 mmcf/d by Q1 2015. Advantage has now hedged the following average production volumes at the corresponding averages prices for the periods as [Read more]

TriOil updates corporate presentation on website

CALGARY, April 7, 2013 /CNW/ - TriOil Resources Ltd. ("TriOil" or the "Company" - TSXV: TOL) announces that an updated presentation has been posted on the Company's website at www.trioilresources.com. The corporate presentation will be located under the Investor Information - Presentations page of the website. TriOil is a Calgary, Alberta based company engaged in the exploration, development and production of petroleum and natural gas. TriOil has approximately 64.0 million class A shares issued [Read more]

Kelt Exploration Ltd. closes $94.35 million equity financing

CALGARY , April 5, 2013 /CNW/ - (KEL.TO) - Kelt Exploration Ltd. ("Kelt" or the "Company") is pleased to announce that it has completed a bought deal private placement offering (the "Brokered Offering") with a syndicate of underwriters led by Peters & Co. Limited and including FirstEnergy Capital Corp., RBC Capital Markets, Scotia Capital Inc., CIBC World Markets Inc., Cormark Securities Inc., Dundee Securities Ltd., Macquarie Capital Markets Canada Ltd., National Bank Financial Inc., GMP [Read more]

Surge Energy Inc. announces executive change

CALGARY , April 3, 2013 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (SGY.TO) announces that Mr. Malcolm Adams , Vice President Corporate Development , has decided to leave the Company and pursue other endeavours.  The Company wishes Mr. Adams success in the future. Surge is an oil focused oil and gas company with operations throughout Alberta, Manitoba and North Dakota.  Surge's common shares trade on the Toronto Stock Exchange under the symbol SGY and the Company currently has 71.2 [Read more]