BOE Report

Gear Energy Ltd. Announces First Quarter 2016 Operating Results

CALGARY, ALBERTA--(Marketwired - May 11, 2016) - Gear Energy Ltd. ("Gear" or the "Company") (TSX:GXE) is pleased to provide the following first quarter operating update to shareholders. Gear's Interim Financial Statements and related Management's Discussion and Analysis (MD&A) for the period ended March 31, 2016 are available for review on Gear's website at www.gearenergy.com and on www.sedar.com. Financial Summary Three months ended (Cdn$ thousands, except per boe [Read more]

Bonterra Energy Corp. Announces First Quarter 2016 Results

CALGARY, ALBERTA--(Marketwired - May 11, 2016) - Bonterra Energy Corp. ("Bonterra" or "the Company") (TSX:BNE) is pleased to announce its operating and financial results for the three months ended March 31, 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]

Birchcliff Energy Ltd. Announces 2016 First Quarter Results and Record Quarterly Average Production

CALGARY, ALBERTA--(Marketwired - May 11, 2016) - Birchcliff Energy Ltd. ("Birchcliff") (TSX:BIR) is pleased to announce its 2016 first quarter results, with record quarterly average production of 41,958 boe per day and record low operating costs of $3.71 per boe. The full text of Birchcliff's First Quarter Report containing the unaudited interim condensed financial statements for the three month period ended March 31, 2016 and the related management's discussion and analysis will be available [Read more]

NuVista Energy Ltd. Announces First Quarter 2016 Financial and Operating Results

CALGARY, ALBERTA--(Marketwired - May 11, 2016) - NuVista Energy Ltd. ("NuVista" or the "Company") (TSX:NVA) is pleased to announce results for the three months ended March 31, 2016 and provide an update on its future business plans. NuVista had another strong quarter of growth with continued development drilling program success and lower costs. Netbacks held up well despite the historically low commodity prices which were experienced by industry, as a result of increased condensate production [Read more]

Husky Energy Begins Steam Operations at Vawn

CALGARY, ALBERTA--(Marketwired - May 11, 2016) - Husky Energy (TSX:HSE) has commenced steam operations at the Vawn Lloyd Thermal Project in Saskatchewan. "This is the second of three thermal projects we will be commissioning this year," said CEO Asim Ghosh. "We are ahead of schedule and under budget with Vawn, an indication of our growing expertise in developing these thermal projects. "These developments are leading our transition into a low sustaining capital business, with among the [Read more]

Canacol Energy Ltd. Increases First Quarter Sales 20% to 11,220 BOEPD and Corporate Netback 9% to $23.90/BOE

CALGARY, ALBERTA--(Marketwired - May 11, 2016) - Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE)(BVC:CNEC)(OTCQX:CNNEF) is pleased to report its financial and operating results for the three months ended March 31, 2016. Dollar amounts are expressed in United States dollars, except as otherwise noted. "We got off to a strong start in the first quarter of 2016, and the second quarter of 2016 is even stronger", reported Charle Gamba, President and CEO of Canacol. "During the quarter [Read more]

Freehold Royalties Ltd. Announces 2016 First Quarter Results

CALGARY, ALBERTA--(Marketwired - May 11, 2016) - Freehold Royalties Ltd. (Freehold) (TSX:FRU) announced first quarter results for the period ended March 31, 2016. RESULTS AT A GLANCE Three Months Ended March 31 FINANCIAL ($000s, except as noted) 2016 2015 Change Gross revenue 24,933 27,751 -10 % Net income (loss) (8,590 ) 21,617 -140 % Per share, basic and diluted ($) (0.09 ) 0.29 -131 % Funds from [Read more]

Spartan Energy Corp. Announces First Quarter Financial and Operating Results, Highlighted by Record Quarterly Production of 9,683 boe/d

READER ADVISORY BOE Disclosure. The term barrels of oil equivalent ("BOE") may be misleading, particularly if used in isolation. A BOE conversion ratio of six thousand cubic feet per barrel (6mcf/bbl) of natural gas to barrels of oil equivalence is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. All BOE conversions in the report are derived from converting gas to oil in the ratio mix of six [Read more]

Perpetual Successfully Swaps an Additional $2.0 Million of 8.75% Senior Notes for Tourmaline Oil Corp. Shares and Extends the Securites Swap Proposal Acceptance Date

CALGARY, ALBERTA--(Marketwired - May 11, 2016) - Perpetual Energy Inc. (TSX:PMT) ("Perpetual" or the "Corporation") is pleased to announce that it has swapped an additional $2.0 million aggregate principal amount of senior notes pursuant to the previously announced securities swap proposal whereby Perpetual offered to swap a portion of the Tourmaline Oil Corp. shares (the "TOU Shares") owned by Perpetual (the "Securities Swap Proposal") on the basis of 21 Tourmaline Shares for each $1,000 [Read more]

Kelt Reports Financial and Operating Results for the Three Months Ended March 31, 2016

CALGARY, AB--(Marketwired - May 11, 2016) -  Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") has released its financial and operating results for the three months ended March 31, 2016. The Company's financial results are summarized as follows: Financial Highlights Three months ended March 31 Change (CA$ thousands, except as otherwise indicated) 2016 2015 % Revenue, before royalties and [Read more]