BOE Report

Delphi Energy Announces Extension of Credit Facility and Increase in Borrowing Base

CALGARY, Alberta, May 31, 2018 (GLOBE NEWSWIRE) -- Delphi Energy Corp. (“Delphi” or the “Company”) is pleased to announce that it has extended its senior secured credit facility with a syndicate of lenders, led by Alberta Treasury Branches and including The Bank of Nova Scotia and Bank of Montreal, and that the borrowing base of the facility has been increased to $105 million from $95 million. Subject to the lenders’ semi-annual review, the facility is available on a revolving basis until May [Read more]

Canadian Spirit Resources Inc. Announces First Quarter 2018 Financial Results

CALGARY, Alberta, May 30, 2018 (GLOBE NEWSWIRE) -- Canadian Spirit Resources Inc. (“CSRI” or the “Corporation”) (TSXV:SPI) (OTCBB:CSPUF) announces the release of its interim financial results and Management Discussion and Analysis (“MD&A”) for the three month period ended March 31, 2018. This news release summarizes information contained in the unaudited interim condensed financials statements and MD&A for the three month period ended March 31, 2018 and should not be considered a [Read more]

Zargon Oil & Gas Ltd. Report on Voting From the 2018 Shareholders Meeting

CALGARY, Alberta, May 30, 2018 (GLOBE NEWSWIRE) -- (TSX:ZAR) (TSX:ZAR.DB.A) Zargon Oil & Gas Ltd. ("Zargon") announces that the following matters were voted upon at the annual meeting of the shareholders of Zargon held on May 30, 2018 in Calgary, Alberta. 1.         Election of Directors By resolution passed via ballot, the following six nominees were appointed as directors of Zargon to serve until the next annual meeting of shareholders of Zargon, or until their successors are elected [Read more]

Relentless Announces Filing of First Quarter 2018 Financial and Operating Results

CALGARY, Alberta, May 30, 2018 (GLOBE NEWSWIRE) -- Relentless Resources Ltd. (TSX-V:RRL) (“Relentless”) announces that it has issued and filed on SEDAR its March 31, 2018 condensed interim financial statements and related management’s discussion and analysis. Additional information about Relentless is available on SEDAR at www.sedar.com or on the Company's website at www.relentless-resources.com. Corporate update In the first quarter of 2018, Relentless announced a recapitalization financing [Read more]

Noble Energy Elects Barbara J. Duganier to Board of Directors

Houston, May 30, 2018 (GLOBE NEWSWIRE) -- Noble Energy, Inc. (NYSE: NBL) (“Noble Energy” or "the Company") announced the election of Barbara J. Duganier to its Board of Directors, effective today.  With the addition of Ms. Duganier, Noble Energy's Board now totals 10 members. Prior to her retirement in 2013, Ms. Duganier held various leadership and management positions with Accenture PLC, where she was most recently a Managing Director and also served as Global Chief Strategy Officer and [Read more]

Strategic Oil & Gas Announces Management Changes

CALGARY, Alberta, May 30, 2018 (GLOBE NEWSWIRE) -- Strategic Oil & Gas Ltd. (TSXV:SOG) (“Strategic” or the “Company”) is pleased to announce that Amanda Reitenbach will be joining the Company as Vice-President, Development and Operations effective July 9, 2018. Ms. Reitenbach was most recently development manager for the Cardium and Deep Basin operating unit at an intermediate publicly traded oil and gas company, where she was successful in building a high performance technical team and [Read more]

Leucrotta Announces Q1 2018 Financial and Operating Results

CALGARY, Alberta, May 30, 2018 (GLOBE NEWSWIRE) -- LEUCROTTA EXPLORATION INC. (TSXV:LXE) (“Leucrotta” or the “Company”) is pleased to announce its financial and operating results for the three months ended March 31, 2018.   All dollar figures are Canadian dollars unless otherwise noted. HIGHLIGHTS Increased production 122% to 4,180 boe/d in Q1 2018 from 1,881 boe/d in Q1 2017 (increased 10% from 3,802 boe/d in Q4 2017).  Increased adjusted funds flow 393% to $6.4 million in Q1 2018 from $1.3 [Read more]

Birchcliff Energy Ltd. Announces Declaration of Quarterly Common Share and Preferred Share Dividends

CALGARY, Alberta, May 29, 2018 (GLOBE NEWSWIRE) -- Birchcliff Energy Ltd. (“Birchcliff”) (TSX:BIR) is pleased to announce that its board of directors has declared the following quarterly cash dividends for the quarter ending June 30, 2018: Shares TSX Stock Symbol Dividend per Share Common Shares BIR              $0.025   Cumulative Redeemable Preferred Shares, Series A BIR.PR.A              $0.523375   Cumulative Redeemable Preferred Shares, Series C BIR.PR.C              $0.4375    The [Read more]

Crescent Point Announces New President and CEO as Part of Transformation Plan

CALGARY, Alberta, May 29, 2018 (GLOBE NEWSWIRE) -- The Board of Directors (the “Board”) of Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) and Mr. Scott Saxberg are pleased to announce that Mr. Craig Bryksa has taken over as interim President and Chief Executive Officer (“CEO”) of Crescent Point. As part of the transition, Mr. Bryksa has also replaced Mr. Saxberg on the Board as a Director of the Company. The Board would like to express its gratitude to [Read more]

Velvet Energy Commences Previously Announced Premium All Cash Offer To Acquire Iron Bridge Resources; Issues Letter To Shareholders

Offers $0.75 in cash per common share, representing an immediate 58% premium to the closing price of the Iron Bridge common shares on the TSX on May 11, 2018Iron Bridge shareholders can tender their shares now by contacting Kingsdale Advisors at 1-866-879-7650 or by e-mail at contactus@kingsdaleadvisors.comOffer remains open until September 12, 2018 at 5:00 p.m. (Toronto time) CALGARY, Alberta, May 29, 2018 (GLOBE NEWSWIRE) -- Velvet Energy Ltd. (“Velvet” or “We” or “Us”) announced today [Read more]