BOE Report

Tourmaline Oil Corp. Enters Into Bought Deal Financing

CALGARY, ALBERTA--(Marketwired - March 14, 2016) - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to announce that it has entered into a bought-deal financing with a syndicate of underwriters led by Peters & Co. Limited and including FirstEnergy Capital Corp., Scotia Capital Inc., National Bank Financial Inc., CIBC, RBC Capital Markets, TD Securities Inc., BMO Capital Markets, and Raymond James Ltd. Tourmaline will issue 6,830,000 common shares ("Common Shares") at [Read more]

Marksmen Announces Extension of Expiry Date of Warrants

CALGARY, ALBERTA--(Marketwired - March 14, 2016) - Marksmen Energy Inc. ("Marksmen" or the "Company") (TSX VENTURE:MAH)(OTCQB:MKSEF) announces that, subject to regulatory and TSX Venture Exchange Inc. approval, it intends to extend the expiry date of its issued and outstanding share purchase warrants ("Warrants") with expiry dates of March 24, 2016 and April 28, 2016 to April 28, 2017. All other terms and conditions of the Warrants will remain the same. [Read more]

Shoal Point Energy Announces Closing of Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 14, 2016) - NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO US NEWSWIRE SERVICES Shoal Point Energy Ltd. (CSE:SHP) today announced the closing of the company's previously announced (August 13, 2015) non-brokered Private Placement. The private placement closed in three tranches (August 21 2015, October 26 2015 and March 14 2016) for a total of 67,000,000 Units for gross proceeds of $335,000.00. Each unit, priced at $.005 [Read more]

Touchstone Announces Termination of Trinidad Asset Acquisition Agreement

CALGARY, ALBERTA--(Marketwired - March 14, 2016) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP) announces that the previously announced agreement to purchase certain Trinidad onshore producing assets for US$20.8 million (the "Agreement") has been terminated pursuant to the terms of the Agreement, as the seller was unable to satisfy the required conditions precedent prior to the March 13, 2016 backstop date. In conjunction with the termination of the Agreement, and [Read more]

Veresen Comments on FERC Decision

CALGARY, ALBERTA--(Marketwired - March 11, 2016) - Veresen Inc. ("Veresen") (TSX:VSN) has received an order from the Federal Energy Regulatory Commission ("FERC") denying the applications of Jordan Cove LNG and Pacific Connector Gas Pipeline ("Pacific Connector") seeking authorization for the construction and operation of a liquefied natural gas ("LNG") export terminal and natural gas pipeline. Specifically, the FERC stated that the public benefits of Pacific Connector do not outweigh the [Read more]

Harvest Operations Reports 2015 Year End Results

CALGARY, ALBERTA--(Marketwired - March 11, 2016) - Harvest Operations Corp. ("Harvest" or the "Company") announced its financial and operating results for the fourth quarter and full year ended December 31, 2015. This press release is an overview of the fourth quarter and full year results for 2015 and should be read with the audited consolidated financial statements and Management's Discussion and Analysis (MD&A) for the fourth quarter and full year ended December 31, 2015 available on the [Read more]

Rock Energy Inc. and FrontFour Capital Group LLC Announce Change of Date of Shareholders Meeting

CALGARY, ALBERTA--(Marketwired - March 11, 2016) - Rock Energy Inc. (TSX:RE) ("Rock" or the "Corporation") and FrontFour Capital Group LLC ("FrontFour") jointly announce that the special meeting of shareholders of Rock that was requisitioned by a fund managed by FrontFour will not be held on April 8, 2016 as previously announced, and that the parties have agreed that Rock will postpone the requisitioned meeting until June 15, 2016, which will also serve as the Corporation's annual meeting of [Read more]

Hawk Announces Increase in 2015 Year End Reserves and Record Annual Production

CALGARY, ALBERTA--(Marketwired - March 11, 2016) - Hawk Exploration Ltd. ("Hawk" or the "Corporation") (TSX VENTURE:HWK.A) is pleased to provide a summary of its December 31, 2015 reserve information as evaluated by GLJ Petroleum Consultants Ltd. ("GLJ") and an operations update. HIGHLIGHTS Increased total proved plus probable reserves by 16% to 3,338 thousand barrels of oil equivalent ("MBoe") from 2,875 MBoe, despite limited capital expenditures in 2015; Increased total proved [Read more]

Torchlight Energy Provides Operational Update

PLANO, TX--(Marketwired - March 11, 2016) - Torchlight Energy Resources, Inc. (NASDAQ: TRCH) ("Torchlight" or the "Company"), today announced an update to its operations and financial outlook. Marcelina Creek Project: The Johnson #4 well produced a total of 2,920 barrels for the month of February 2016, compared to 169 barrels for the month of February 2015, representing a 1400% increase YOY. This production does not represent a full month of production and it also represents a reduction [Read more]

WesternZagros Provides Operational Update

CALGARY, ALBERTA--(Marketwired - March 11, 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") announces that the transition of operatorship of the Garmian Block in the Kurdistan Region of Iraq ("KRI") from WesternZagros to Gazprom Neft Middle East B.V. ("Gazprom Neft") was completed effective February 29, 2016. The agreement does not involve any change of [Read more]