BOE Report

Pine Cliff Energy Ltd. Announces Third Quarter 2018 Results and Updates Guidance

CALGARY, Alberta, Nov. 06, 2018 (GLOBE NEWSWIRE) -- Pine Cliff Energy Ltd. (“Pine Cliff” or the “Company”) (TSX: PNE) is pleased to announce the filing of its third quarter financial and operating results. Included in the filings were Pine Cliff's unaudited interim condensed consolidated financial statements and related management's discussion and analysis for the three and nine months ended September 30, 2018 (the "Q3-Report"). Selected highlights are shown below and should be read in [Read more]

Iron Bridge Resources Inc. Announces Shareholder Approval of Amalgamation with Velvet Acquisition Company Ltd.

CALGARY, Alberta, Nov. 06, 2018 (GLOBE NEWSWIRE) -- Velvet Energy Ltd. ("Velvet") and Iron Bridge Resources Inc. (TSX: IBR) ("Iron Bridge") announce that at the special meeting of shareholders (the "Meeting") of Iron Bridge held earlier today, holders ("Iron Bridge Shareholders") of common shares of Iron Bridge ("Iron Bridge Shares") approved the amalgamation (the "Amalgamation") of Iron Bridge and Velvet Acquisition Company Ltd., a wholly owned subsidiary of Velvet. A total of 146,842,601 Iron [Read more]

Bellatrix Announces Closing of Grafton Acquisition

CALGARY, Alberta, Nov. 05, 2018 (GLOBE NEWSWIRE) -- Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) (TSX, NYSE: BXE) announces that it has closed the previously announced acquisition of the remaining assets earned by Grafton Energy Co I Ltd. under the joint venture arrangement entered into in 2013. The acquired assets are located in Bellatrix’s core Ferrier area of west central Alberta and include approximately 2,200 boe/d (79% natural gas, 21% liquids) of low decline production. The [Read more]

Husky Energy Reaffirms Commitment to Full and Fair Offer for MEG Energy

Husky’s Offer is a Premium Valuation MEG’s Share Price Would Be Substantially Lower Absent the Offer Delivers Immediate Value With Comparable Upside and Much Less Risk CALGARY, Alberta, Nov. 05, 2018 (GLOBE NEWSWIRE) -- Husky Energy (TSX:HSE) today reaffirms its commitment to the full and fair Offer to acquire MEG Energy as outlined on October 2, 2018, and comments on MEG’s recent statements and third quarter results. “MEG’s results reinforce our view that it has a quality asset base and a [Read more]

Strategic Oil & Gas Ltd. Announces Recapitalization Transaction

CALGARY, Alberta, Nov. 05, 2018 (GLOBE NEWSWIRE) -- Strategic Oil & Gas Ltd. ("Strategic" or the "Company") (TSXV:SOG) announces further to its press release dated August 29, 2018 regarding its strategic alternatives process, the Company and certain investment funds managed by GMT Capital Corp. (the "GMT Funds"), have entered into a letter of intent whereby the GMT Funds have agreed, on a non-binding basis and subject to execution of definitive agreements, to: (i) make an additional [Read more]

Marksmen Announces First Closing Of Private Placement

CALGARY, Alberta, Nov. 02, 2018 (GLOBE NEWSWIRE) -- Marksmen Energy Inc. (“Marksmen” or the “Company”) announces that it has completed the first closing of its previously announced non-brokered private placement. The Company issued 2,393,335 units (the “Units”) of Marksmen at a price of $0.12 per Unit for aggregate gross proceeds of $287,200 (the “Offering”). Each Unit is comprised of one (1) common share (“Common Share”) and one-half of one (1/2) share purchase warrant (“Warrant”) of Marksmen. [Read more]

GuildOne Wins Prestigious ASTech Award for Outstanding Achievement in Tech

Calgary-based advanced data solutions and business intelligence provider recognized for innovative application of blockchain and machine intelligence in Alberta energy sector CALGARY, Alberta, Nov. 02, 2018 (GLOBE NEWSWIRE) -- GuildOne Inc. (GuildOne) is proud to announce that it has been selected as the 2018 winner of the ASTech award for Outstanding Achievement in Information and Communications Technology. “This award is a true honour,” said James Graham, GuildOne CEO and President. “It is [Read more]

Baytex Reports Strong Q3 2018 Results and Significant Duvernay Light Oil Discovery

CALGARY, Alberta, Nov. 02, 2018 (GLOBE NEWSWIRE) -- Baytex Energy Corp. ("Baytex") (TSX, NYSE: BTE) reports its operating and financial results for the three and nine months ended September 30, 2018 (all amounts are in Canadian dollars unless otherwise noted). “Our strategic combination has repositioned Baytex as a North American crude oil producer with strong free cash flow and an improved balance sheet. We have completed the integration while delivering excellent drilling results, [Read more]

Zargon Oil & Gas Ltd. Announces Financing Agreement for $3.5 Million (USD) Term Debt

TSX SYMBOLS: ZAR; ZAR.DB.A CALGARY, Alberta, Nov. 02, 2018 (GLOBE NEWSWIRE) -- Zargon Oil & Gas Ltd. (“Zargon” or the “Company”) announces that it has entered into a financing agreement for $3.5 million (USD) term debt with private investment funds advised by JGB Capital Management, LP.  The proceeds of the financing will be utilized for low risk oil exploitation capital projects and general corporate purposes. The loan is secured by all U.S. assets of Zargon. The loan bears interest at 11% [Read more]

Bellatrix Exploration Ltd. Announces Third Quarter 2018 Financial and Operating Results

CALGARY, Alberta, Nov. 01, 2018 (GLOBE NEWSWIRE) -- Bellatrix Exploration Ltd. (“Bellatrix”, "we", "us", "our" or the “Company”) (TSX, NYSE: BXE) announces its financial and operating results for the three and nine months ended September 30, 2018.  This press release contains forward-looking statements.  Please refer to our cautionary language on forward-looking statements and the other matters set forth at the end of this press release and the beginning of the Management’s Discussion and [Read more]