BOE Report

Canadian Natural Resources Limited Announces Quarterly Dividend

CALGARY, ALBERTA--(Marketwired - Nov. 3, 2016) - Canadian Natural Resources Limited (TSX:CNQ)(NYSE:CNQ) announces its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.25 (twenty-five cents) per common share. The dividend will be payable January 1, 2017 to shareholders of record at the close of business on December 9, 2016. Canadian Natural is a senior oil and natural gas production company, with continuing operations in its core areas located in [Read more]

Canadian Natural Resources Limited Announces 2016 Third Quarter Results

CALGARY, ALBERTA--(Marketwired - Nov. 3, 2016) - Canadian Natural Resources Limited (TSX:CNQ) (NYSE:CNQ) Commenting on third quarter 2016 results, Steve Laut, President of Canadian Natural (TSX:CNQ) (NYSE:CNQ) stated, "Canadian Natural's diverse and balanced asset portfolio delivered quarterly production volumes of 735,212 BOE/d that were within the Company's Q3/16 guidance. We continued our focus on lowering our cost structures, which helped to achieve the Company's cash flow from operations [Read more]

Petrocapita Announces Acquisition of Smartworks Oilfield Maintenance Ltd.

CALGARY, ALBERTA--(Marketwired - Nov. 2, 2016) - Petrocapita Income Trust (CNSX:PCE.UN)(CSE:PCE.UN)(CSE:PCE.UN.CN) ("Petrocapita" or the "Trust") announces that it has acquired all of the issued and outstanding shares of Smartworks Oilfield Maintenance Ltd. ("Smartworks") as at October 01, 2016. The effective date of the transaction is August 1, 2016. The shares were acquired by issuance to the shareholders of a convertible debenture representing their respective shareholdings, which debenture [Read more]

Petrocapita Provides an Update on Proceeds of $10.808 Million From Debentures

CALGARY, ALBERTA--(Marketwired - Nov. 2, 2016) - Petrocapita Income Trust (CSE:PCE.UN)(CSE:PCE.UN.CN)(CNSX:PCE.UN) ("Petrocapita" or the "Trust") announces the close of an additional $1,021,000.00, for an aggregate gross proceeds to date of $5,808,000 from the sale of its 8% secured convertible debentures (the "Convertible Debentures") pursuant to its previously announced private placement offering of these Convertible Debentures. The maximum amount to be raised has been increased to [Read more]

Pengrowth Delivers Strong Third Quarter Performance and Continues Focus on Cost Reductions

CALGARY, ALBERTA--(Marketwired - Nov. 2, 2016) - Pengrowth Energy Corporation (TSX:PGF)(NYSE:PGH) - The Company delivered strong, consistent operating results highlighted by stable production, continued cost reductions, minimal capital expenditures, and increased Lindbergh reserves. Pengrowth's focus on all cost structures was demonstrated again in the third quarter, where operating expenses are now expected to come in approximately $72 million below original guidance (a further reduction [Read more]

Tanager Energy Announces Changes to the Board of Directors

CALGARY, ALBERTA--(Marketwired - Nov. 2, 2016) - Tanager Energy Inc. ("Tanager" or the "Corporation") (TSX VENTURE:TAN) announced today that Roger S. Braugh, Jr. has been appointed to the Board of Directors of Tanager. Roger S. Braugh, Jr. is the founder and President of the Santa Rosa Energy family of companies, including Santa Rosa Energy, Ltd., Santa Rosa Operating, LLC, Paleo Oil Company LLC, and Santa Rosa Drilling LLC. He graduated from the University of Texas at Austin, earning his [Read more]

Saturn Minerals Inc. to Change Name to Saturn Oil + Gas Inc. and Announce New Additions to Executive Team

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 2, 2016) - Saturn Minerals Inc. (TSX VENTURE:SMI)(FRANKFURT:SMK) ("Saturn" or the "Company") is pleased to announce that it has made application, with regularity approval pending and expected in due course, to change its name to "Saturn Oil + Gas Inc." The name change was approved by the Board of Directors on November 1st, 2016. The change in name reflects a change in direction for Saturn from a mineral-focused exploration company to one with a [Read more]

Pan Orient Energy Corp. – Operations & Corporate Update

CALGARY, ALBERTA--(Marketwired - Nov. 2, 2016) - Pan Orient Energy Corp. ("Pan Orient" or "the Company") (TSX VENTURE:POE) is providing an operations and corporate update. INDONESIA East Jabung PSC (POE 49% & Non Operator) An East Jabung Production Sharing Contract ("PSC") joint venture partners' meeting was recently held where the operator provided an update on the upcoming exploration drilling program at the Anggun prospect and presented the proposed 2017 Work Program and Budget. [Read more]

Manitok Energy Inc. Announces Initial Production Test Results of 674 boe/d From First Carseland Well Drilled in the 2016 Drilling Program

CALGARY, ALBERTA--(Marketwired - Nov. 2, 2016) - Manitok Energy Inc. (the "Corporation" or "Manitok") (TSX VENTURE:MEI) is pleased to announce that it has initial production test results from its first horizontal well of the fourth quarter drilling program. The 14-32-022-25W4 horizontal well (100% working interest) in Carseland, targeted the Lithic Glauconitic ("LG") zone and was completed with a multi-stage fracture stimulation. After flowing for about three days, the well cleaned up enough to [Read more]

Tamarack Valley Energy Ltd. and Spur Resources Ltd. Announce a Transformative Business Combination to Create an Oil Weighted Cardium and Viking Focused Growth Company Producing Over 17,000 boe/d

CALGARY, ALBERTA--(Marketwired - Nov. 2, 2016) -  Tamarack Valley Energy Ltd. (TSX:TVE) ("Tamarack" or the "Company") and Spur Resources Ltd. ("Spur") are pleased to announce that they have entered into an arrangement agreement (the "Arrangement Agreement") providing for the acquisition by Tamarack of all the issued and outstanding common shares of Spur ("Spur Shares"), which will hold Spur's Viking oil assets at closing (the "Combination"). Under the terms of the Arrangement Agreement, Tamarack [Read more]