BOE Report

Equal Energy Enters into Settlement Agreement with Shareholders

CALGARY , Alberta, March 19, 2013 /CNW/ - Equal Energy Ltd. (EQU.TO) (EQU) today announced a settlement with Mr. Nawar Alsaadi and Dr. Adam Goldstein resolving previous disagreements. As disclosed in a press release dated January 24 2013, Equal filed a suit against Mr. Alsaadi and Dr. Goldstein for allegedly violating United States securities laws and certain publications and statements they made concerning their views about Equal and its management. Pursuant to the settlement agreement, [Read more]

Advantage Announces New Natural Gas Commodity Price Hedges

(TSX: AAV, NYSE: AAV) CALGARY , March 19, 2013 /CNW/ - Advantage Oil & Gas Ltd. ("Advantage" or the "Corporation") announces that it has entered into new natural gas commodity price hedges for 2014 and 2015. Advantage has now hedged the following average production volumes at the corresponding averages prices for the periods as follows:   Period  Average Volume Hedged  Average Price $Cdn. AECO 2013 Year 29,224 [Read more]

Pinecrest Energy Inc. announces its December 31, 2012 Year End Results and 2012 Year End Reserves

TSX Venture Exchange:  PRY CALGARY, March 18, 2013 /CNW/ - Pinecrest Energy Inc. ("Pinecrest" or the "Company") is pleased to announce that it has filed on SEDAR its audited annual financial statements, related Management's Discussion and Analysis ("MD&A") and Annual Information Form for the year ended December 31, 2012.  The statements will be available for review at www.sedar.com or www.pinecrestenergy.com. 2012 HIGHLIGHTS Increased proved plus probable reserves by 107% to 16.2 mmboe [Read more]

Legacy Oil + Gas Inc. announces year-end results and files annual information form

CALGARY , March 18, 2013 /CNW/ - Legacy Oil + Gas Inc. ("Legacy" or the "Company") (LEG.TO) is pleased to announce it has filed on SEDAR its audited financial statements and related Management's Discussion and Analysis ("MD&A") for the year ended December 31, 2012 as well as its annual information form ("AIF") for the year ended December 31, 2012 . Selected financial and operational information is outlined below and should be read in conjunction with Legacy's audited financial statements, [Read more]

LGX Oil + Gas Inc. Announces Year-end Results, Reserve Information, 2013 Guidance and Files Annual Information Form

CALGARY, March 18, 2013 /CNW/ - LGX Oil + Gas Inc. ("LGX" or the "Company") (TSXV:OIL.V) is pleased to announce it has filed on SEDAR its audited financial statements and related Management's Discussion and Analysis ("MD&A") for the year ended December 31, 2012 as well as its annual information form ("AIF") for the year ended December 31, 2012. Selected financial and operational information is outlined below and should be read in conjunction with LGX's audited financial statements, the [Read more]

MEG Energy CFO retires after helping to build a growing Canadian success story

CALGARY , March 18, 2013 /CNW/ - MEG Energy Corp. reports that Chief Financial Officer Dale Hohm will retire effective August 1, 2013 after serving as MEG's CFO for nine years. "Dale has played a key role in MEG's success," said Bill McCaffrey, President and Chief Executive Officer. "Since 2004, he's been a guiding hand and strong steward for our shareholders every step of the way, from producing our first barrel of oil to playing a key role in launching one of Canada's most successful [Read more]

Whitecap Resources Inc. increases Viking light oil exposure through the acquisition of Invicta Energy Corp. and announces increased 2013 guidance

CALGARY , March 18, 2013 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (WCP.TO) and Invicta Energy Corp. ("Invicta") (VCA.V) are pleased to announce that they have entered into an arrangement agreement (the "Arrangement Agreement") providing for the acquisition by Whitecap of all the issued and outstanding common shares of Invicta (the "Transaction"). Invicta is a light oil-weighted public energy company with its operations immediately offsetting Whitecap's lands and Viking [Read more]

Equal Energy Announces its Results for the Fourth Quarter and Year Ended December 31, 2012

CALGARY , Alberta, March 14, 2013 /CNW/ - Equal Energy Ltd. ("Equal","the Company", "we" or "our") (EQU) (EQU), an exploration and production oil and gas company is pleased to announce its financial and operating results for the three months and year ended December 31 , 2012.  All dollar amounts are in Canadian dollars unless otherwise indicated and volumes are net of royalties. Don Klapko, President and Chief Executive Officer commented, "This past year was one of major transition for Equal [Read more]

Advantage Announces Glacier December 31, 2012 Reserves

1032% of Production Replaced by Glacier Reserves Additions at an all-in F&D cost of $4.41/boe ($0.73 mcf) (TSX: AAV, NYSE: AAV) CALGARY, March 13, 2013 /CNW/ - Advantage Oil & Gas Ltd. ("Advantage" or the "Corporation") is pleased to announce the December 31, 2012 reserves for our Montney resource property at Glacier, Alberta ("Glacier") (see page 5 "Independent Reserve Evaluator"). Glacier 2012 Reserve Highlights Advantage's 2012 Glacier capital program replaced 1032% of [Read more]

Insignia Energy Ltd. announces its 2012 year end financial and operating results

CALGARY , March 13, 2013 /CNW/ - Insignia Energy Ltd. ("Insignia" or the "Company") (ISN.TO) is pleased to announce its financial and operating results for the fourth quarter of 2012 and 2012 fiscal year. Copies of the Financial Statements and Management's Discussion and Analysis for the period ended December 31, 2012 will be filed with Canadian securities regulators on SEDAR on March 13, 2013 and accessible at www.sedar.com or by visiting Insignia's website at [Read more]