BOE Report

Strategic Oil & Gas Ltd. Announces Winter Drilling Program

CALGARY, Alberta, Dec. 18, 2017 (GLOBE NEWSWIRE) -- Strategic Oil & Gas Ltd. (“Strategic”, or the “Company”) (TSXV:SOG) announces its Board of Directors has approved a $9 million capital program for the first half of 2018. The Company is eager to commence its 2018 winter drilling program focused on Muskeg wells at West Marlowe. Capital spending will be directed primarily to drill, complete and tie-in two Muskeg horizontal wells to continue developing Strategic’s high potential light oil [Read more]

Repsol Oil & Gas Canada Inc. Announces Redemption of its outstanding 3.750% Senior Notes due 2021

CALGARY, Alberta, Dec. 18, 2017 (GLOBE NEWSWIRE) -- Repsol Oil & Gas Canada Inc. (formerly known as Talisman Energy Inc.), a Canadian-based upstream oil and gas company (the “Company”), announced that it has issued a notice of redemption to redeem, on  January 17, 2018, all of its issued and outstanding 3.750% Senior Notes due 2021  (ISIN US87425EAM57). About Repsol Oil & Gas Canada Inc. Repsol Oil & Gas Canada Inc. is an upstream oil and gas company, incorporated in Canada and is a [Read more]

Razor Energy Corp. Announces Non-Operated Consolidation Acquisition in the Kaybob Area of West Central Alberta and Management Promotion

CALGARY, Alberta, Dec. 18, 2017 (GLOBE NEWSWIRE) -- Razor Energy Corp. (“Razor” or the “Company”) (TSXV:RZE) (www.razor-energy.com) is pleased to announce that it has completed the acquisition of certain non-operated working interest positions to consolidate its existing Kaybob Triassic Units 1 and 2 from an arm’s length private company (the “Kaybob Assets”) for cash consideration of $4.6 million, subject to customary adjustments (the “Acquisition”). The Assets are characterized by low decline, [Read more]

Granite Oil Corp. Provides Drilling Update and Announces Revised Monthly Dividend

CALGARY, Alberta, Dec. 18, 2017 (GLOBE NEWSWIRE) -- GRANITE OIL CORP. (“Granite” or the “Company”) (TSX:GXO)(OTCQX:GXOCF) is pleased to announce its recent successful drilling results and kick off of the next phase of its drilling program in Pod 2. Operations and Corporate Update Granite has recently drilled and completed its ninth and final horizontal development well of 2017. The Company had not drilled a development well since July, 2017, reflecting the Company’s decision to slow [Read more]

Apache Declares Cash Dividend on Common Shares; Sets Date for 2018 Annual Meeting

HOUSTON, Dec. 14, 2017 (GLOBE NEWSWIRE) -- The board of directors of Apache Corporation (NYSE:APA) (Nasdaq:APA) has declared the regular cash dividend on the company's common shares. The dividend on common shares is payable Feb. 22, 2018, to stockholders of record on Jan. 22, 2018, at a rate of 25 cents per share. Apache's annual meeting will be held at 10 a.m. Central time Thursday, May 24, 2018, at the Hilton Houston Post Oak Hotel, 2001 Post Oak Blvd., Houston, Texas. Shareholders of [Read more]

Tidewater Midstream and Infrastructure Ltd. Announces 6.75% Senior Unsecured Note Offering and Amendment to Credit Facility

CALGARY, Alberta, Dec. 14, 2017 (GLOBE NEWSWIRE) -- Senior Unsecured Note Offering Tidewater Midstream and Infrastructure Ltd. (“Tidewater” or the “Corporation”) (TSX:TWM) is pleased to announce that it has agreed to issue $125 million of 6.75% senior unsecured notes due December 19, 2022 (the “Notes”) by way of private placement (the “Private Placement”). The Notes will be issued at a price of $994.79 per $1,000 principal amount. The Private Placement is expected to close December 19, 2017, [Read more]

Cenovus’s 2018 budget continues focus on deleveraging

CALGARY, Alberta, Dec. 14, 2017 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) plans to invest between $1.5 billion and $1.7 billion in 2018, with the majority of the budget allocated to sustain base production at the company’s oil sands operations. The remaining capital will primarily support continued construction at the phase G oil sands expansion at Christina Lake, where costs are coming in below original expectations, and a targeted drilling program in the Deep Basin. This [Read more]

Raging River Exploration Inc. Announces Duvernay Light Oil Discovery, Operational Update and Announces 2018 Capital Budget of $335 Million

CALGARY, Alberta, Dec. 13, 2017 (GLOBE NEWSWIRE) -- Raging River Exploration Inc. (“Raging River” or the “Company”) (TSX:RRX) announces that the Company’s board of directors has approved a 2018 capital budget of $335 million. The budgeted capital expenditures are expected to increase annual average production in 2018 to 24,500 boe/d (92% oil) with fourth quarter 2018 production estimated at 26,000 boe/d representing a fourth quarter to fourth quarter production per share growth of greater than [Read more]

Rangeford Resources, Inc. Issues Corporate Acquisition & Development Plan Presentation

Southlake, Texas, Dec. 12, 2017 (GLOBE NEWSWIRE) -- Rangeford Resources, Inc. Issues Corporate Acquisition & Development Plan Presentation SOUTHLAKE, Texas, December 12, 2017 (GLOBE NEWSWIRE) -- Rangeford Resources, Inc. (“Rangeford”) (OTCPK:RGFR) today issued its Corporate Overview and Acquisition and Development Plan. The presentation provides updated corporate information, management team bios and describes two acquisition candidates in East Texas and Mississippi. The Corporate [Read more]

Marksmen Announces Proposed Private Placement

CALGARY, Alberta, Dec. 12, 2017 (GLOBE NEWSWIRE) -- Marksmen Energy Inc. (“Marksmen” or the “Company”) (TSX-V:MAH) (OTCQB:MKSEF) announces that it plans to complete a non-brokered private placement of up to 3,000,000 units (the “Units”) of Marksmen at a price of $0.15 per Unit for aggregate gross proceeds of up to $450,000 (the “Offering”). There is no minimum Offering. The Units will be comprised of one (1) common share (“Common Share”) and one-half of one (1/2) share purchase warrant [Read more]