BOE Report

Questerre finalizes feasibility study for Jordan oil shale project

THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS CALGARY, Alberta, June 27, 2018 (GLOBE NEWSWIRE) -- Questerre Energy Corporation (“Questerre” or the “Company”) (OSE:QEC) (TSX:QEC) reported today on the results of the technical and economic feasibility study for its oil shale project in Jordan. The design basis for the study is an initial project capable of sustaining production of 50,000 [Read more]

Blackbird Energy Inc. Announces Third Quarter 2018 Record Financial and Operating Results

CALGARY, Alberta, June 26, 2018 (GLOBE NEWSWIRE) -- (TSX-V:BBI) Blackbird Energy Inc. (“Blackbird” or the “Company”) is pleased to announce record financial and operational results for the quarter ended April 30, 2018. Blackbird’s unaudited condensed consolidated interim financial statements and related management’s discussion and analysis for the quarter ended April 30, 2018 are available on SEDAR at www.sedar.com and are also posted on Blackbird’s website at www.blackbirdenergyinc.com. “This [Read more]

Amherst Energy Inc. Provides Operations Update

CALGARY, Alberta, June 25, 2018 (GLOBE NEWSWIRE) -- Amherst Energy Inc. (Amherst) is a new private Calgary based oil and gas exploration company. Amherst Energy Inc. commenced operations in February of 2017 with a business plan of acquiring acreage on low-risk oil prospects with large Total Petroleum Initially-In-Place and multiple drilling locations. A principal objective was to acquire a substantial acreage inventory during a period of very low industry activity. To date, Amherst has [Read more]

Resolute Energy Corporation Declares Dividend on Preferred Stock

DENVER, June 20, 2018 (GLOBE NEWSWIRE) -- Resolute Energy Corporation (NYSE:REN) today announced that its Board of Directors declared a cash dividend of $20.3125 per share on its 8⅛% Series B Cumulative Perpetual Convertible Preferred Stock, payable on July 16, 2018, to holders of record at the close of business on July 1, 2018.  The dividend is for the period beginning on April 16, 2018 and ending on July 15, 2018. About Resolute Energy Corporation Resolute is an independent oil and gas [Read more]

Velvet Energy Comments on Iron Bridge Resources’ Directors’ Circular

Velvet Energy’s offer of $0.75 in cash per common share represents a significant 58% premium to the $0.475 closing price of Iron Bridge common shares on May 11, 2018, the last trading day prior to the submission of Velvet’s offer letter to the Iron Bridge board of directors. Velvet’s all-cash offer represents full and fair value and certainty, which is financially superior to the high-risk “go it alone” alternative. Velvet’s offer is not subject to due diligence and has only limited [Read more]

Crescent Point Announces Management Changes and Provides an Update on Dispositions

CALGARY, Alberta, June 19, 2018 (GLOBE NEWSWIRE) -- Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) announces changes to its executive management team and provides an update on recent dispositions. Mr. Craig Bryksa, interim President and Chief Executive Officer, is pleased to announce that Mr. Ryan Gritzfeldt, formerly the Vice President, Marketing and Innovation, and prior to that, Vice President, Engineering and Business Development East, has assumed the [Read more]

Chaparral Energy Announces $300 Million Senior Notes Offering

OKLAHOMA CITY, June 18, 2018 (GLOBE NEWSWIRE) -- Chaparral Energy, Inc. (OTCQB:CHPE) announced today that it intends to offer $300 million of senior unsecured notes due 2023 to eligible purchasers, subject to market conditions and other factors. Chaparral intends to use the net proceeds from the offering to pay down the outstanding balance of its revolving credit facility and for general corporate purposes.  The senior notes have not been, and will not be, registered under the Securities Act [Read more]

PrairieSky Royalty Appoints New Independent Director

CALGARY, Alberta, June 18, 2018 (GLOBE NEWSWIRE) -- James Estey, Chair of the Board of Directors of PrairieSky Royalty Ltd. (“PrairieSky”) (TSX:PSK) is pleased to announce the appointment of Myron M. Stadnyk, P. Eng., to the company's Board of Directors. Mr. Stadnyk’s appointment is effective June 18, 2018. "On behalf of the Board, I am pleased to welcome Mr. Stadnyk as our newest director and look forward to his contributions to PrairieSky," said Mr. Estey. "Myron is recognized within the [Read more]

Baytex and Raging River to Merge and Create a Top-Tier North American Oil Producer with Exceptional Assets and a Strong Balance Sheet

CALGARY, Alberta, June 18, 2018 (GLOBE NEWSWIRE) -- Baytex Energy Corp. (“Baytex”) (TSX:BTE) (NYSE:BTE) and Raging River Exploration Inc. (“Raging River”)(TSX:RRX) are pleased to announce that their respective boards of directors have unanimously agreed to a strategic combination of the two companies (the “Transaction”). The combined organization will be a well-capitalized, oil-weighted company with an attractive growth and free cash flow profile provided by its world class assets across North [Read more]

Leucrotta Announces Upper Montney Light Oil Discovery at Two Rivers

CALGARY, Alberta, June 18, 2018 (GLOBE NEWSWIRE) -- Leucrotta Exploration Inc. (“Leucrotta” or the “Company”) (TSXV:LXE) is pleased to announce the following update: TWO RIVERS UPPER MONTNEY DISCOVERY Leucrotta drilled and completed an Upper Montney horizontal multi-frac well at 10-08-83-16W6 to extend expiring lands in the Two Rivers area of British Columbia.  The well was tested on clean-up for 10 days and had a flow rate on the last day of the test of 1,842 boe/d comprised of 685 bbl/d of [Read more]