BOE Report

Lightstream Announces First Quarter 2016 Results

CALGARY, ALBERTA--(Marketwired - May 4, 2016) - Lightstream Resources Ltd. (the "Company" or "Lightstream") (TSX:LTS) announces first quarter 2016 financial and operating results. Our financial statements and management's discussion and analysis for the quarter ended March 31, 2016 will be available on the system for electronic analysis and retrieval at www.sedar.com and on Lightstream's website at www.lightstreamresources.com. Three months ended March 31, ($000s, except [Read more]

Suncor Energy provides update on its RMWB operations

CALGARY, ALBERTA--(Marketwired - May 4, 2016) - Suncor advises that as a result of the fires in the Regional Municipality of Wood Buffalo (RMWB) and in consideration of the safety of people and the community, it has taken a number of actions. "First and foremost, we're doing what we can to ensure the safety and well-being of our employees, their families and members of the broader community," said Steve Williams, Suncor president and chief executive officer. "To that end, we've been [Read more]

Athabasca Oil Corporation Provides Update on Fort McMurray Fires; No Impact to Current Operations at Hangingstone

CALGARY, ALBERTA--(Marketwired - May 4, 2016) - Athabasca Oil Corporation (TSX:ATH) ("Athabasca" or "the Company") continues to monitor the wildfires in the greater Fort McMurray area. Our thoughts are with all the families and workers directly affected and those who continue to bravely fight the wildfire. Athabasca will continue to assist the community in any way possible. The Company has offered all available beds at the Hangingstone site to emergency workers or anyone else who may need [Read more]

Marquee Energy Ltd. Announces Sale of Non-Core Shallow Gas Asset

CALGARY, AB--(Marketwired - May 04, 2016) - Marquee Energy Ltd. ("Marquee" or the "Company") (TSX VENTURE: MQL) announces that it has entered into a purchase and sale agreement for the sale of a non-core, shallow gas asset for total cash consideration of $4.5 million, prior to customary closing adjustments (the "Transaction"). The Transaction is expected to close on or about May 31, 2016, subject to applicable regulatory approvals. The asset includes approximately 500 gross / 396 net wells [Read more]

BlackPearl Announces First Quarter 2016 Financial and Operating Results

CALGARY, ALBERTA--(Marketwired - May 4, 2016) - BlackPearl Resources Inc. ("BlackPearl" or the "Company") (TSX:PXX)(OMX:PXXS) is pleased to announce its financial and operating results for the three months ended March 31, 2016. Highlights include: Production averaged 9,166 barrels of oil equivalent (boe) per day, an 11% increase compared to Q1 2015 volumes. The increase is attributable to the production ramp-up on the Onion Lake thermal project. Operating costs and transportation [Read more]

Record Production, Strong Cash Flow and Significantly Reduced Costs Highlight Tourmaline’s First Quarter

CALGARY, AB--(Marketwired - May 04, 2016) - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to release strong financial and operating results for the first quarter of 2016. HIGHLIGHTS Record daily production of 195,828 boepd, a 36% increase over Q1 2015 and a 9% increase over the previous quarter. Q1 2016 operating costs of $3.70 boepd were down 21% year-over-year and 13% quarter-over-quarter. Record low all-in Q1 2016 cash costs of $6.68/boe (operating, [Read more]

Traverse Energy Ltd. Announces Brokered Private Placement of CEE Flow-Through Common Shares and CDE Flow-Through Common Shares for Total Gross Proceeds of $3 Million

CALGARY, ALBERTA--(Marketwired - May 4, 2016) - Traverse Energy Ltd. ("Traverse") (TSX VENTURE:TVL) is pleased to announce that it has entered into an agreement with Acumen Capital Finance Partners Limited ("Acumen" or the "Agent"), pursuant to which the Agent has agreed to offer for sale, on a "reasonable commercial efforts", agency basis, a treasury offering of up to 2,533,333 common shares of Traverse issued as "flow-through shares" under the Income Tax Act (Canada) (the "Tax Act") with [Read more]

TransCanada to Refile Pre-Merger Notification to Federal Trade Commission for Columbia Acquisition

CALGARY, ALBERTA--(Marketwired - May 4, 2016) - News Release - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced it has withdrawn and will refile on May 6 its pre-merger notification for the planned acquisition of Columbia Pipeline Group. Inc. (NYSE:CPGX) (Columbia). The notification was first filed on April 4, 2016 with the United States Federal Trade Commission (FTC) under the Hart-Scott-Rodino Anti-Trust Improvements Act (the HSR Act). The refiling will set a [Read more]

Veresen Announces First Quarter Operational and Financial Results

CALGARY, ALBERTA--(Marketwired - May 4, 2016) - Veresen Inc. ("Veresen") (TSX:VSN) today announced its first quarter operating and financial results. "We had a solid first quarter from both an operational and financial perspective," said Don Althoff, President and CEO of Veresen. "Alliance operated well under its new service model, with higher than expected uptake of seasonal firm and interruptible transportation, while Veresen Midstream continued to add to its significant project inventory [Read more]