BOE Report

Tamarack Valley Energy Ltd. Announces 2016 First Quarter Results

CALGARY, ALBERTA--(Marketwired - May 11, 2016) - Tamarack Valley Energy Ltd. (TSX:TVE) ("Tamarack" or the "Company") is pleased to announce its operating and financial results for the first quarter of 2016. Production in the quarter averaged 9,582 boe/d (55% liquids), an increase of 18% over the first quarter of 2015. Based on current expectations for second quarter 2016 capital expenditures, the Company's first half 2016 average production is on target to be within the upper half of its [Read more]

Sunshine Oilsands Ltd.: Date of Board Meeting

HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - May 11, 2016) - The board of directors (the "Board") of Sunshine Oilsands Ltd. (the "Company") (HKSE:2012) hereby announces that a meeting of the Board will be held on or about 7:00 a.m. on Monday, May 16, 2016 in Calgary, Canada (on or about 9:00 p.m. Hong Kong time on Monday, May 16, 2016), for the purposes of, approving the first quarter results of the Company and its subsidiaries for the three month period ended March 31, 2016 and their [Read more]

Granite Oil Corp. Announces First Quarter, 2016 Financial Results

CALGARY, ALBERTA--(Marketwired - May 10, 2016) - GRANITE OIL CORP. ("Granite" or the "Company") (TSX:GXO)(OTCQX:GXOCF) is pleased to release its financial and operational results for the three months ended March 31, 2016. FINANCIAL AND OPERATING HIGHLIGHTS Financial and operational highlights for the three month interim period ended March 31, 2016 are set out below and should be read in conjunction with the financial statements and related management's discussion and analysis available for [Read more]

Artisan Energy Provides Corporate Update

CALGARY, ALBERTA--(Marketwired - May 10, 2016) - Artisan Energy Corporation ("Artisan" or the "Corporation") (TSX VENTURE:AEC), announces that the Corporation's principal secured lender has demanded repayment of all indebtedness owed. Artisan is not in a financial positon to make any repayment at this time. The directors of the Corporation have determined that Artisan's business is no longer a viable going concern, as its current market asset value is less than its current debt. Given the [Read more]

Chinook Energy Inc. Announces First Quarter 2016 Results

CALGARY, ALBERTA--(Marketwired - May 10, 2016) - Chinook Energy Inc. ("our", "we", "us" or "Chinook") (TSX:CKE) is pleased to announce its first quarter financial and operating results. Our operational and financial highlights for the three months ended March 31, 2016 are noted below and should be read in conjunction with our condensed consolidated financial statements for the three months ended March 31, 2016 and 2015 and related management's discussion and analysis which have been posted on [Read more]

Raging River Exploration Inc. Announces Results on the Election of Directors

CALGARY, ALBERTA--(Marketwired - May 10, 2016) - Raging River Exploration Inc. (the "Company" or "Raging River") (TSX:RRX) announces that the six (6) nominees were elected as directors of the Company to serve until the next annual meeting of shareholders of the Company, or until their successors are elected or appointed, at the annual and special meeting of the shareholders of Raging River held on May 10, 2016 (the "Meeting") in Calgary, Alberta. The vote was passed by way of ballot and each of [Read more]

Anderson Energy Announces Closing of Exchange Transaction Related to Series B Debentures

CALGARY, ALBERTA--(Marketwired - May 10, 2016) - Anderson Energy Inc. ("Anderson" or the "Company") (TSX:AXL) announces that pursuant to an extraordinary resolution voted on and passed by the holders of the Company's 7.25% Series B convertible unsecured subordinated debentures due June 30, 2017 (the "Series B Debentures"), the Company has now met the closing conditions and, effective May 10, 2016, has exchanged both the entire principal amount ($46.0 million) and the interest that would [Read more]

Zargon Oil & Gas Ltd. Provides 2016 First Quarter Results

CALGARY, ALBERTA--(Marketwired - May 10, 2016) - Zargon Oil & Gas Ltd. ("Zargon" or the "Company") (TSX:ZAR) (TSX:ZAR.DB). FINANCIAL AND OPERATING HIGHLIGHTS (THREE MONTHS ENDED MARCH 31, 2016) Funds flow from operating activities of a negative $0.3 million compare to the positive $3.6 million recorded in the prior quarter, and the positive $7.2 million reported in first quarter of 2015. The reduction in funds flow is primarily due to Zargon's sharply lower first quarter 2016 field [Read more]

Peyto Exploration & Development Corp. Earns $42 Million in Q1 2016

CALGARY, ALBERTA--(Marketwired - May 10, 2016) - Peyto Exploration & Development Corp. ("Peyto" or the "Company") (TSX:PEY) is pleased to present its operating and financial results for the first quarter of the 2016 fiscal year. Continued cost reductions and record production combined for a 78% operating margin(1) and a 23% profit margin(2). Additional highlights included: Production per share up 20%. First quarter 2016 production increased 24%, 20% per share, from 490 MMcfe/d (81,588 [Read more]