BOE Report

Hal Kvisle and Keith MacPhail to stand as nominees for Cenovus Board

CALGARY, Alberta, March 06, 2018 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) announced today that Hal Kvisle and Keith MacPhail will be proposed nominees for election to the Board of Directors at the company’s next annual meeting of shareholders to be held on April 25, 2018. Mr. Kvisle has spent more than four decades working in the Canadian oil and natural gas sector, with experience running upstream production, power and pipeline businesses, while Mr. MacPhail has more than [Read more]

Tamarack Valley Energy Ltd. Announces Record 2017 Financial and Operating Results and a 53% Increase in Proved Developed Producing Reserves

CALGARY, Alberta, March 06, 2018 (GLOBE NEWSWIRE) -- Tamarack Valley Energy Ltd. (TSX:TVE) (“Tamarack” or the “Company”) is pleased to announce its financial and operating results for the three and twelve months ended December 31, 2017 and the results of its independent oil and gas reserves evaluation as of December 31, 2017, prepared by GLJ Petroleum Consultants Ltd. (“GLJ”).  Selected financial, operational and reserves information is outlined below and should be read with Tamarack’s audited [Read more]

Baytex Reports 2017 Results With 26% Increase in Adjusted Funds Flow, 6% Increase in Reserves and Strong Eagle Ford Performance

CALGARY, Alberta, March 06, 2018 (GLOBE NEWSWIRE) -- Baytex Energy Corp. ("Baytex") (TSX:BTE) (NYSE:BTE) reports its operating and financial results for the three months and year ended December 31, 2017 (all amounts are in Canadian dollars unless otherwise noted). “Our fourth quarter results demonstrate the impressive cash generating capability of our assets as commodity prices improve. With WTI averaging US$55/bbl, we realized our strongest operating netback in three years and generated [Read more]

Raging River Exploration Inc. Initiates Process to Review Strategic Repositioning, Announces Fourth Quarter and Year End 2017 Operating and Financial Results and Provides Operations Update

CALGARY, Alberta, March 05, 2018 (GLOBE NEWSWIRE) -- Raging River Exploration Inc. (the “Company” or “Raging River”) (TSX:RRX) announces that Raging River’s Board of Directors (the "Board") has commenced a formal process to initiate a strategic repositioning of the Company (the “Repositioning Process”) in an effort to enhance shareholder value. Raging River believes that the current trading price of its common shares does not adequately reflect the underlying value of the Company. The purpose [Read more]

Questerre to develop Kakwa North acreage with partner

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, March 05, 2018 (GLOBE NEWSWIRE) -- Questerre Energy Corporation (“Questerre” or the “Company”) (TSX:QEC) (OSE:QEC) announced today that it has entered into an agreement with an experienced operator to develop its 100% acreage in the Kakwa area. Michael Binnion, President and Chief Executive Officer of Questerre, commented, [Read more]

Storm Resources Ltd. (“Storm” or the “Company”) is Pleased to Announce Its Financial and Operating Results for the Three Months and Year Ended December 31, 2017

CALGARY, Alberta, March 01, 2018 (GLOBE NEWSWIRE) -- Storm Resources Ltd. (TSX:SRX) Storm has also filed its audited consolidated financial statements as at December 31, 2017 and for the three months and year then ended along with Management’s Discussion and Analysis (“MD&A”) for the same periods.  This information appears on SEDAR at www.sedar.com and on Storm’s website at www.stormresourcesltd.com. Selected financial and operating information for the three months and year ended December [Read more]

Range Declares Quarterly Dividend

FORT WORTH, Texas, March 01, 2018 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE:RRC) today announced that its Board of Directors declared a quarterly cash dividend on its common stock for the first quarter. A dividend of $0.02 per common share is payable on March 30, 2018 to stockholders of record at the close of business on March 16, 2018.  RANGE RESOURCES CORPORATION (NYSE:RRC) is a leading U.S. independent natural gas, NGL and oil producer with operations focused in stacked-pay [Read more]

Crew Energy Inc. Announces Fourth Quarter and Full Year 2017 Financial and Operating Results and Executive Appointment

CALGARY, Alberta, March 01, 2018 (GLOBE NEWSWIRE) -- Crew Energy Inc. (TSX:CR) (“Crew” or the “Company”) is pleased to announce our operating and financial results for the three and twelve month periods ended December 31, 2017.  Crew’s full audited consolidated Financial Statements and Notes, as well as Management’s Discussion and Analysis (“MD&A”) for the three and twelve month periods ended December 31, 2017 are available on our website and filed on SEDAR.  Q4 & FULL YEAR 2017 [Read more]

Bellatrix Announces 2017 Year End Reserves Highlighted by Low Cost Reserve Additions

CALGARY, Alberta, March 01, 2018 (GLOBE NEWSWIRE) -- Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) (TSX:BXE) (NYSE:BXE) is pleased to announce its 2017 year end reserves, and an update of commodity price risk management and sales market diversification contracts.  Reserves at December 31, 2017 were independently evaluated by InSite Petroleum Consultants Ltd. (“InSite”).  The evaluation encompasses 100% of Bellatrix's oil and gas properties and was prepared in accordance with National [Read more]

Point Loma Resources Announces Agreement to Acquire Oil & Gas Assets

CALGARY, Alberta, March 01, 2018 (GLOBE NEWSWIRE) -- Point Loma Resources Ltd. (TSX VENTURE:PLX) (the “Corporation” or “Point Loma”) is pleased to announce that it has entered into a definitive agreement to acquire oil and gas assets from a private oil and gas company involved in a receivership process, effective date November 1, 2017 (the “Acquisition”). The purchase price of the Acquisition is subject to court approval and closing is anticipated to be in March, 2018. Highlights (figures [Read more]