BOE Report

Touchstone Provides Credit Facility Update

CALGARY, ALBERTA--(Marketwired - March 9, 2016) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP) announces an update regarding its credit facility. As previously disclosed, the Company was in breach of its credit facility January 2016 monthly production volume covenant. Effective March 8, 2016, the Company and its lender executed an Amendment and Limited Waiver to the Credit Agreement (the "Waiver") to waive the covenant breach. The Waiver also makes certain amendments [Read more]

Seven Generations Achieves Record Production of 60,400 boe/d in 2015; Funds from Operations Reach $415 Million

CALGARY, ALBERTA--(Marketwired - March 9, 2016) - Seven Generations Energy Ltd. (TSX:VII) achieved record production of 60,403 barrels of oil equivalent per day (boe/d) in 2015, slightly more than 7G's guidance range of 55,000 to 60,000 boe/d, and up 94 percent from 2014. Despite a 43 percent year-over-year drop in commodity prices, 2015 funds from operations remained robust at $415 million, up 26 percent compared to 2014. 7G production finished strong in 2015, with fourth quarter production [Read more]

Touchstone Replaces 219% of 2015 Production in Trinidad on Proved Plus Probable Reserve Basis

CALGARY, ALBERTA--(Marketwired - March 9, 2016) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP) announces the results of the independent December 31, 2015 reserve evaluation (the "Reserves Report") with respect to the Company's crude oil and natural gas reserves in Canada and the Republic of Trinidad and Tobago ("Trinidad"). Amounts herein are in Canadian dollars unless otherwise stated. Touchstone's year-end reserves were evaluated by independent reserves evaluator [Read more]

Crescent Point Announces Q4 2015 Results, Record Annual and Fourth Quarter Production and 16 Percent Increase in Reserves

CALGARY, ALBERTA--(Marketwired - March 9, 2016) - (All financial figures are approximate and in Canadian dollars unless otherwise noted) Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG)(NYSE:CPG) is pleased to announce its operating and financial results for the year ended December 31, 2015. The Company also announces that its audited financial statements and management's discussion and analysis for the year ended December 31, 2015, will be available on the System [Read more]

Crescent Point Replaces 315 Percent of 2015 Production, Increases Reserves by 16 Percent and Generates $9.83 Per boe Finding and Development Costs

CALGARY, ALBERTA--(Marketwired - March 9, 2016) - (All financial figures are approximate and in Canadian dollars unless otherwise noted) Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) is pleased to announce the results of its year-end 2015 reserves evaluation. Crescent Point's reserves were independently evaluated by GLJ Petroleum Consultants Ltd. ("GLJ") and Sproule Associates Limited ("Sproule") as at December 31, 2015. 2015 RESERVES HIGHLIGHTS [Read more]

Falcon Oil & Gas Ltd.: Operational Update and Confirmation of 2016 Beetaloo Drilling Programme

DUBLIN, IRELAND--(Marketwired - March 9, 2016) - Falcon Oil & Gas Ltd. (TSX VENTURE:FO)(AIM:FOG)(ESM:FAC) is pleased to provide the following operational update for its operations in Australia, South Africa and Hungary. Operational highlights Preparations for 2016 Beetaloo Basin, Australia, drilling programme at an advanced stage. Drilling locations being finalised for the two new vertical wells following technical evaluation undertaken by [Read more]

NuVista Energy Ltd. Announces Year End 2015 Reserves, Financial and Operating Results

CALGARY, ALBERTA--(Marketwired - March 8, 2016) - NuVista Energy Ltd. ("NuVista" or the "Company") (TSX:NVA) is pleased to announce results for the three months and year ended December 31, 2015 and provide an update on our future business plans. 2015 Success Supports NuVista Long Term Strategy Operationally, 2015 was a very strong year for NuVista. We have: Materially increased our natural gas and condensate production and reserves; Successfully commenced operation of our new 80 [Read more]

Parkland Fuel Corporation Acquires the On the Run / Marche Express Franchise System in Canada and 17 Esso-Branded Retail Sites From Imperial Oil

RED DEER, AB--(Marketwired - March 08, 2016) -  Parkland Fuel Corporation ("Parkland") (TSX: PKI), one of North America's fastest growing distributors and marketers of fuels and lubricants, and Imperial Oil Ltd. ("Imperial") announced today that Parkland has agreed to acquire Imperial's On the Run / Marché Express convenience store franchise system and related trademarks in Canada. Parkland will also acquire the real estate assets at 17 Esso-branded retail sites in Saskatchewan and Manitoba as [Read more]

Arsenal Energy Inc. Releases 2015 Results

CALGARY, ALBERTA--(Marketwired - March 8, 2016) - Arsenal Energy Inc. ("Arsenal" or the "Company") (TSX:AEI)(OTCQX:AEYIF) is pleased to release its 2015 financial and operational results. Financial: SUMMARY OF FINANCIAL RESULTS Three Months Ended December 31 Year Ended December 31 (000s Cdn. $ except per share amounts) 2015 2014 2015 2014 FINANCIAL Oil and gas revenue 11,528 25,283 55,082 117,114 Funds from [Read more]

Freestone Resources Announces Petrozene Sales and New Distribution Network

DALLAS, TX--(Marketwired - March 08, 2016) - Freestone Resources, Inc. (OTCQB: FSNR) is pleased to announce it commenced sales of Petrozene through its majority-owned venture, Freestone Dynamis Energy Products, LLC (FDEP). FDEP was formed to commercialize Petrozene, and to control the production process in order to elevate Petrozene to one of the top petrochemicals in its class. FDEP also entered into its first sales agreement to provide Petrozene to oil and gas producers and regional transport [Read more]