BOE Report

Questerre Energy: Second Kakwa North well tests at over 2,700 boe/d

CALGARY, Alberta, Nov. 22, 2018 (GLOBE NEWSWIRE) -- Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today the test results from the second well at Kakwa North. The operator recently completed the second farm-in well, 100/01-04-64-6W6M well (the "01-04 Well"), with a 2900m horizontal leg in the Montney Formation. During the last 24 hours of a 200-hour production test, the 01-04 Well flowed 9.8 MMcf/d of natural gas and 1,124 bbls/d of condensate (2,770 boe/d). [Read more]

Prairie Provident Announces Closing of Marquee Energy Ltd. Acquisition

CALGARY, Alberta, Nov. 21, 2018 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or “PPR” or the "Company") (TSX:PPR) and Marquee Energy Ltd. ("Marquee") (TSXV:MQX) announce that the Company's previously-disclosed acquisition of Marquee by plan of arrangement under section 193 of the Business Corporations Act (Alberta) (the "Arrangement"), which was approved by approximately 98% of the votes cast by Marquee shareholders at a special meeting held to consider the [Read more]

Zargon Announces a Proposed Transaction to Restructure its Convertible Debentures

CALGARY, Alberta, Nov. 21, 2018 (GLOBE NEWSWIRE) -- Zargon Oil & Gas Ltd. ("Zargon" or the "Company") (TSX:ZAR; ZAR.DB.A) announces a proposed transaction to settle its $41.94 million principal amount of outstanding 8.00% convertible unsecured subordinated debentures due December 31, 2019 (the "Debentures") for equity (the "Transaction"). THE PROPOSAL The Company intends to make a proposal to the holders (the "Debentureholders") of the Debentures pursuant to which all of the Debentures [Read more]

Toscana Energy Debentures to Trade On Interest Flat Basis

CALGARY, Alberta, Nov. 19, 2018 (GLOBE NEWSWIRE) -- Toscana Energy Income Corporation ("Toscana" or the "Corporation") (TSX: TEI) announces that the Toronto Stock Exchange (the "TSX") has advised Toscana that its 7.25% convertible unsecured subordinated debentures due December 31, 2021 (the "Debentures") will commence trading on an interest flat basis on November 20, 2018. On November 16, 2018, the Corporation has called an extraordinary meeting of its holders of Debentures (the [Read more]

Birchcliff Energy Ltd. Announces TSX Approval for Renewed Normal Course Issuer Bid

CALGARY, Alberta, Nov. 20, 2018 (GLOBE NEWSWIRE) -- Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce that the Toronto Stock Exchange (the “TSX”) has accepted the Corporation’s notice of intention to make a normal course issuer bid (the “NCIB”). The NCIB will commence on November 23, 2018 and will terminate on November 22, 2019, or such earlier time as the NCIB is completed or is terminated at the option of Birchcliff. Purchases under the NCIB will be [Read more]

Marksmen Announces Operational Update

CALGARY, Alberta, Nov. 20, 2018 (GLOBE NEWSWIRE) -- Marksmen Energy Inc. (“Marksmen” or the “Company”) is a 60% working interest owner in the Leaman #1horizontal well operated by Hocking Hills Energy and Well Services LLC of Ohio. Marksmen is pleased to announce that on November 17, 2018 a cased-hole whip-stock assembly was successfully placed in the production casing.  The whip-stock assembly was placed with a service rig and milling operations were initiated.  The whip-stock will be used to [Read more]

Husky Energy Provides Update on White Rose

CALGARY, Alberta, Nov. 20, 2018 (GLOBE NEWSWIRE) -- Production remains shut in at the SeaRose floating production, storage and offloading (FPSO) vessel with all production wells secure after a period of extreme weather and an oil release late last week. Husky Energy (TSX:HSE) had shut in production at the White Rose field Thursday, November 15 due to operational safety concerns resulting from severe weather. The release occurred during restart procedures on Friday, November 16.  Husky was in [Read more]

Husky Energy: White Rose Update

CALGARY, Alberta, Nov. 19, 2018 (GLOBE NEWSWIRE) -- Operations remain suspended at the SeaRose floating production, storage and offloading (FPSO) vessel with all production wells secure after a period of extreme weather late last week. Husky Energy (TSX:HSE) had shut in oil production at the White Rose field Thursday, November 15 due to operational safety concerns resulting from severe weather. A spill occurred on Friday, November 16. A shut-in subsea flowline is believed to be the [Read more]

Jaguar Resources Inc. Announces the Issuance of Shares for Debt

THIS PRESS RELEASE IS NOT FOR PUBLICATION OR DISSEMINATION IN THE UNITED STATES, FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW CALGARY, Alberta, Nov. 19, 2018 (GLOBE NEWSWIRE) -- Jaguar Resources Inc. ("Jaguar" or the "Company") (TSX-V: JRI) is pleased to announce that Jaguar has received TSXV approval to issue 418,723 Common Shares at a deemed price of $1.20 CDN per Common Share to settle approximately $502,467.60 CDN of corporate debt [Read more]

Prairie Provident Announces Successful Evi Drilling Update

CALGARY, Alberta, Nov. 19, 2018 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("PPR" or the "Company") (TSX:PPR) announces an operational update on successful drilling and completion results from its core Evi area in the Peace River Arch. Evi Drilling Exceeds Expectations As part of its light-oil Granite Wash drilling program, PPR recently drilled four exploration wells in its core Evi area. Two of the wells were successful, with an initial combined swab/flow test rate of about 300 bopd [Read more]