BOE Report

WesternZagros Announces Corporate Update

CALGARY, ALBERTA--(Marketwired - March 24, 2016) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES WesternZagros Resources Ltd. (TSX VENTURE:WZR) ("WesternZagros" or "the Company") is announcing organizational changes to further reduce costs and refocus the Company as a co-venturer in the development of its Garmian and Kurdamir Blocks in the Kurdistan Region of Northern Iraq. The Company has closed its offices in the Kurdistan Region [Read more]

Tamarack Valley Energy Ltd. Announces 2015 Financial and Operating Results With Record Production Achieved in Fourth Quarter 2015

CALGARY, ALBERTA--(Marketwired - March 24, 2016) - Tamarack Valley Energy Ltd. (TSX:TVE) ("Tamarack" or the "Company") is pleased to announce that a successful second half 2015 drilling program contributed to a record fourth quarter 2015 production average of 9,968 boe/d (61% liquids), which is an increase of 14% from the third quarter of 2015 and is higher than exit production guidance of 9,500-9,700 boe/d (55-60% liquids). Tamarack achieved its exit production target while spending $107.4 [Read more]

Touchstone Announces Year End 2015 Financial Results

CALGARY, ALBERTA--(Marketwired - March 24, 2016) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP) announces its financial and operating results for the year ended December 31, 2015. Selected financial and operational information is presented below and should be read in conjunction with Touchstone's December 31, 2015 audited consolidated financial statements and related management's discussion and analysis. Tabular amounts herein are in thousands of Canadian dollars and [Read more]

PRD Energy Announces Filing of Annual Financial Statements and Update on Strategic Alternatives

CALGARY, ALBERTA--(Marketwired - March 23, 2016) - PRD Energy Inc. ("PRD" or the "Company") (TSX VENTURE:PRD) announces filing of its financial statements as at and for the year ended December 31, 2015, and provides an update on its strategic alternatives process. The Company's year-end filings consisting of consolidated financial statements and management's discussion and analysis for the year ended December 31, 2015 are available on SEDAR at www.sedar.com. All references to dollars or "$" in [Read more]

DNV GL at CMA Shipping — What’s Next for LNG

STAMFORD, CT--(Marketwired - March 23, 2016) - In a presentation at CMA Shipping 2016 in Connecticut Dr. Gerd-Michael Würsig, Business Director LNG fuelled ships at DNV GL -- Maritime, looked at some of the current issues in the LNG industry and provided an overview of what DNV GL is doing to support growth in this segment. "The main drivers, in order of importance, are price, availability, and of course legislation. LNG as a fuel has the potential to become the most important fuel solution [Read more]

Enbridge Gas Distribution Adjusts Rates

TORONTO, ONTARIO--(Marketwired - March 23, 2016) - Enbridge Gas Distribution Inc. (Enbridge) has received approval from the Ontario Energy Board (OEB) for new rates, effective April 1, 2016. These rates are approved on an interim basis. Typical residential customers* who buy their gas supply from Enbridge will see a total bill increase of about three per cent or $23 a year. As a result, their total bill will be about $861 a year. While natural gas prices have decreased in North America, [Read more]

Augusta Announces New Indian Partnership

TORONTO, ONTARIO--(Marketwired - March 23, 2016) - Augusta Industries Inc. (the "Corporation") (TSX VENTURE:AAO) is pleased to announce that its wholly owned subsidiary, Fox-Tek Canada Inc. ("Fox-Tek"), has entered into a partnership with AdvanceTech Controls PVT Ltd. ("AdvanceTech") of India. The partnership came about after Fox-Tek was approached by one of India's leading State oil and gas companies to supply it with several of the Corporation's non-intrusive electric field mapping systems to [Read more]

Kelt Announces $22.1 Million CDE Flow-Through Equity Financing

CALGARY, AB--(Marketwired - March 23, 2016) - Kelt Exploration Ltd. ("Kelt" or the "Company") (TSX: KEL) will issue, by way of private placement, 4.7 million common shares on a "flow-through" basis in respect of Canadian Development Expenses ("CDE") at a price of $4.70 per share resulting in gross proceeds of $22.1 million (the "Private Placement"). PearTree Securities Inc., an exempt market dealer, will provide certain services to Kelt in respect of the placement of 3.9 million flow-through [Read more]

Repsol Oil & Gas Canada Inc. Announces Debt Tender Offers

CALGARY, ALBERTA--(Marketwired - March 23, 2016) - Repsol Oil & Gas Canada Inc. (formerly Talisman Energy Inc.), a Canadian-based upstream oil and gas company (the "Offeror"), has launched offers to purchase for cash any and all of its outstanding (i) 7.75% Senior Notes due 2019 (the "2019 Notes"), (ii) 3.75% Senior Notes due 2021 (the "2021 Notes"), (iii) 7.25% Debentures due 2027 (the "2027 Debentures"), (iv) 5.75% Senior Notes due 2035 (the "2035 Notes"), (v) 5.85% Senior Notes due 2037 [Read more]

Petrus Resources Announces 2015 Operating, Financial and Reserves Results

CALGARY, ALBERTA--(Marketwired - March 23, 2016) - Petrus Resources Ltd. ("Petrus" or the "Company") (TSX:PRQ) is pleased to announce financial and operating results for the three month period and year ended December 31, 2015, and provide 2015 year‐end reserves information as evaluated by Sproule Associates Limited ("Sproule"). The associated Management's Discussion and Analysis ("MD&A") and audited financial statements as at and for the year ended December 31, 2015 can be found at [Read more]