BOE Report

Striker Exploration Corp. Announces First Quarter Operating and Financial Results

CALGARY, ALBERTA--(Marketwired - May 26, 2016) - Striker Exploration Corp. ("Striker" or the "Company") (TSX VENTURE:SKX) is pleased to announce our operating and financial results for the three month period ended March 31, 2016. Our Consolidated Financial Statements and Notes, as well as Management's Discussion and Analysis ("MD&A") for the period ended March 31, 2016, are available on Striker's website (www.strikerexp.com) and will be filed on SEDAR. FIRST QUARTER 2016 [Read more]

Leucrotta Announces Q1 2016 Financial and Operating Results

CALGARY, ALBERTA--(Marketwired - May 26, 2016) - LEUCROTTA EXPLORATION INC. (TSX VENTURE:LXE) ("Leucrotta" or the "Company") is pleased to announce its financial and operating results for the three months ended March 31, 2016. All dollar figures are Canadian dollars unless otherwise noted. HIGHLIGHTS Maintained a cash and working capital balance of $41.0 million at March 31, 2016 Increased production 16% to 1,251 boe/d in Q1 2016 from 1,076 boe/d in Q4 2015 Announced light oil [Read more]

Relentless Announces Financial and Operating Results for the Three Months Ended March 31, 2016

CALGARY, ALBERTA--(Marketwired - May 25, 2016) - Relentless Resources Ltd. ("Relentless" or the "Company") (TSX VENTURE:RRL) announces that it has issued its March 31, 2016 unaudited condensed interim financial statements and related MD&A. Additional information about Relentless is available on SEDAR at www.sedar.com or on the Company`s website at www.relentless-resources.com. Corporate Update Relentless averaged 232 boed (52% oil and liquids) in Q1 2016, down 1% from the same period [Read more]

Chinook Energy Announces Asset Disposition Agreement

CALGARY, ALBERTA--(Marketwired - May 25, 2016) - Chinook Energy Inc. (TSX:CKE) ("Chinook" or the "Company") is pleased to announce that it has entered into an agreement to sell, effective May 1, 2016, certain of its assets located in the Gold Creek area of Alberta (the "Divested Assets") for aggregate consideration of approximately $7.5 million, subject to customary closing adjustments. The disposition is anticipated to close on or before June 30, 2016. The Divested Assets include a 75% working [Read more]

Cardinal Energy Ltd. Announces $50 Million Bought Deal Financing

CALGARY, ALBERTA--(Marketwired - May 25, 2016) - Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX:CJ) is pleased to announce that it has entered into a bought deal financing agreement with a syndicate of underwriters led by CIBC Capital Markets (collectively, the "Underwriters"), pursuant to which they have agreed to purchase for resale to the public, on a bought deal basis, 5,350,000 common shares of the Company ("Common Shares") at a price of $9.35 per Common Share for gross proceeds of [Read more]

Freehold Royalties Ltd. Announces Closing of Acquisition and Public Offering

CALGARY, ALBERTA--(Marketwired - May 25, 2016) - Freehold Royalties Ltd. ("Freehold") (TSX:FRU) announces that it has closed its previously announced $165 million acquisition of royalty production and mineral title lands from Husky Energy Inc. and certain of its affiliates (the "Husky Transaction"). In conjunction with the closing of the Husky Transaction, Freehold also completed its previously announced bought deal financing, issuing 16,428,900 common shares at a price of $11.55 per share [Read more]

Gibsons Announces $200 Million Bought Deal Equity Financing and $100 Million Bought Deal Offering of Unsecured Subordinated Convertible Debentures

CALGARY, ALBERTA--(Marketwired - May 24, 2016) - Gibson Energy Inc. ("Gibsons" or the "Company") (TSX:GEI) is pleased to announce that it has entered into an agreement with a syndicate of underwriters co-led by BMO Capital Markets and RBC Capital Markets pursuant to which the underwriters have agreed to purchase, on a bought deal basis, 12,950,000 common shares ("Common Shares") at a price of $15.45 per Common Share, for gross proceeds of approximately $200 million and $100 million aggregate [Read more]

Athabasca Oil Corporation Resumes Operations at Hangingstone

CALGARY, ALBERTA--(Marketwired - May 24, 2016) - Athabasca Oil Corporation (TSX:ATH) ("Athabasca" or the "Company") has resumed operations at Hangingstone following a shutdown on May 5th due to the wildfires in the Fort McMurray region. There has been no damage to Athabasca's assets. Prior to the shutdown, production volumes reached in excess of 9,000 bbl/d. The Company expects the reservoir to re-pressurize to normal operating levels over the next several weeks with no anticipated long-term [Read more]

Saturn Minerals Focused on Oil Triangle

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 24, 2016) - Saturn Minerals Inc. (TSX VENTURE:SMI)(FRANKFURT:SMK) ("Saturn" or the "Company") announces that the recently completed drilling programs at its Bannock Creek project has provided data to the Company identifying an area which Saturn has designated as a geographical oil triangle in the Northeastern Williston Basin. "Conventional light oil pools in the Northern Williston Basin are in our focus. The potential of the region is [Read more]

Suncor Energy provides RMWB operations update

CALGARY, ALBERTA--(Marketwired - May 23, 2016) - Suncor today announced it has begun the remobilization process of its employees to support the staged restart of its operations in the Regional Municipality of Wood Buffalo (RMWB). The evacuation order was lifted by the Regional Emergency Operations Centre the evening of May 20, 2016. In addition, Suncor continues to assess the situation, including fire risk, air quality, employee mobility, accommodations and services for employees and [Read more]