BOE Report

Tamarack Valley Energy Ltd. Announces 2016 Second Quarter Results

CALGARY, ALBERTA--(Marketwired - Aug. 11, 2016) - Tamarack Valley Energy Ltd. (TSX:TVE) ("Tamarack" or the "Company") is pleased to announce its operating and financial results for the second quarter and six month period ended June 30, 2016. Production in the quarter averaged 9,536 boe/d (52% liquids), an increase of 36% over the second quarter of 2015, and is at the upper end of the Company's previously announced guidance range of 9,100 to 9,600 boe/d. Better than expected capital efficiencies [Read more]

Petrus Resources Announces Second Quarter 2016 Financial & Operating Results

CALGARY, ALBERTA--(Marketwired - Aug. 11, 2016) - Petrus Resources Ltd. ("Petrus" or the "Company") (TSX:PRQ) is pleased to announce financial and operating results for the three and six month periods ended June 30, 2016. The associated Management's Discussion and Analysis ("MD&A") and quarterly financial statements as at and for the period ended June 30, 2016 are accessible at www.sedar.com. HIGHLIGHTS The Company generated funds from operations in the second quarter of $7.7 million [Read more]

Delphi Energy Reports Second Quarter 2016 Results

CALGARY, ALBERTA--(Marketwired - Aug. 10, 2016) - Delphi Energy Corp. ("Delphi" or the "Company") (TSX:DEE) announces its financial and operational results for the quarter ended June 30, 2016. Delphi remains excited about and committed to its development plans on its Bigstone liquids-rich Montney property, having commenced its second half drilling program. Recent production performance of new wells has demonstrated continued improvement in field condensate to natural gas ratios as drilling [Read more]

Pine Cliff Energy Ltd. Announces the Conclusion of the Borrowing Base Redetermination, Closing of a Private Placement and Second Quarter 2016 Results

CALGARY, ALBERTA--(Marketwired - Aug. 10, 2016) - Pine Cliff Energy Ltd. ("Pine Cliff" or the "Company") (TSX:PNE) is pleased to announce that it has completed its semi-annual borrowing base redetermination and has renewed its credit facilities with its banking syndicate of Canadian Financial Institutions (the "Syndicate"). In addition, Pine Cliff has closed a private placement of units ("Units") for gross proceeds of $30 million (the "Private Placement"). Pine Cliff is also pleased to announce [Read more]

Chinook Energy Inc. Announces Second Quarter 2016 Results

CALGARY, ALBERTA--(Marketwired - Aug. 10, 2016) - Chinook Energy Inc. ("our", "we", "us" or "Chinook") (TSX:CKE) is pleased to announce its second quarter financial and operating results. Our operational and financial highlights for the three and six months ended June 30, 2016 are noted below and should be read in conjunction with our condensed consolidated financial statements for the three and six months ended June 30, 2016 and 2015 and related management's discussion and analysis which have [Read more]

Cardinal Energy Ltd. Confirms Monthly Dividend for August

CALGARY, ALBERTA--(Marketwired - Aug. 10, 2016) - Cardinal Energy Ltd. ("Cardinal") (TSX:CJ) confirms that a dividend of $0.035 per common share will be paid on September 15, 2016 to shareholders of record on August 31, 2016 with an ex-dividend date of August 29, 2016. The Board of Directors of Cardinal has declared the dividend payable in either cash or common shares at the election of the shareholder. This dividend has been designated as an "eligible dividend" for Canadian income tax [Read more]

Bonterra Energy Corp. Announces Second Quarter 2016 Results

CALGARY, ALBERTA--(Marketwired - Aug. 10, 2016) - Bonterra Energy Corp. ("Bonterra" or "the Company") (TSX:BNE) is pleased to announce its operating and financial results for the three and six months ended June 30, 2016. The related unaudited condensed financial statements and notes, as well as management's discussion and analysis (MD&A), are available on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com and on Bonterra's website at [Read more]

Lone Pine Resources Announces Securityholder Meetings and Joint Information Circular for Business Combination With Arsenal Energy Inc.

CALGARY, AB--(Marketwired - August 10, 2016) - Lone Pine Resources Canada Ltd. ("Lone Pine") is pleased to confirm that a special meeting of its securityholders will be convened on September 8, 2016 to consider and vote upon the previously-announced business combination of Lone Pine and Arsenal Energy Inc. ("Arsenal") by way of an arrangement under the Business Corporations Act (Alberta) (the "Arrangement"). A joint information circular of Lone Pine, Lone Pine Resources Inc. and Arsenal dated [Read more]

Zargon Oil & Gas Ltd. Provides 2016 Second Quarter Results

CALGARY, ALBERTA--(Marketwired - Aug. 10, 2016) - Zargon Oil & Gas Ltd. ("Zargon" or the "Company") (TSX:ZAR)(TSX:ZAR.DB) FINANCIAL AND OPERATING HIGHLIGHTS (THREE MONTHS ENDED JUNE 30, 2016) Funds flow from operating activities of $3.5 million were higher than the $0.3 million loss recorded in the prior quarter due to a combination of higher oil prices, lower operating expenses and decreased general and administrative expenses. With the continuation of restricted conventional [Read more]

Peyto Continues Positive Earnings Track Record With Q2 2016 Results

CALGARY, ALBERTA--(Marketwired - Aug. 10, 2016) - Peyto Exploration & Development Corp. ("Peyto" or the "Company") (TSX:PEY) is pleased to present its operating and financial results for the second quarter of the 2016 fiscal year. A continued focus on profitability and efficiency resulted in a 73% operating margin(1) and a 7% profit margin(2). Additional highlights included: Production per share up 4%. Second quarter 2016 production increased 7%, 4% per share, from 497 MMcfe/d (82,750 [Read more]