BOE Report

TransAlta Announces Receipt of Termination Notices from TransCanada and ASTC Power Partnership

CALGARY, ALBERTA--(Marketwired - March 8, 2016) - TransAlta Corporation ("TransAlta" or the "Company") (TSX:TA) (NYSE:TAC) today announced it had received formal notice from TransCanada Energy Ltd. ("TransCanada") of its intention to terminate the Power Purchase Arrangements (the "PPAs") for Sundance A Units 1 and 2 and Sheerness Units 1 and 2 and formal notice from ASTC Power Partnership ("ASTC"), a partnership between TransCanada and AltaGas Pipeline Partnership, of its intention to terminate [Read more]

Kelt Reports Financial and Operating Results for the Quarter and Year Ended December 31, 2015

CALGARY, AB --(Marketwired - March 08, 2016) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") has released its financial and operating results for the quarter and year ended December 31, 2015. The Company's financial results are summarized as follows: Financial Highlights Three months ended December 31 Year ended December 31 (CA$ thousands, except as otherwise indicated) 2015 2014 % 2015 2014 % Revenue, before royalties and [Read more]

Blackbird Energy Inc. Announces 522% Increase in Elmworth Montney Proved Plus Probable Reserves Volumes and Reports Results from Its Annual and Special Meeting of Shareholders

CALGARY, ALBERTA--(Marketwired - March 8, 2016) - Blackbird Energy Inc. ("Blackbird" or the "Company") (TSX VENTURE:BBI) is pleased to announce a 522% increase in proved plus probable reserves volumes. Blackbird's reserves as at January 31, 2016 were evaluated by the Company's independent reserves evaluators, GLJ Petroleum Consultants ("GLJ"). Highlights of Blackbird's January 31, 2016 reserves evaluation compared to Blackbird's July 31, 2015 reserves evaluation are as follows: Total [Read more]

Forent Energy Ltd. and Perisson Petroleum Corporation Announce Amalgamation

CALGARY, ALBERTA--(Marketwired - March 7, 2016) - Forent Energy Ltd. (TSX VENTURE:FEN) ("Forent") and Perisson Petroleum Corporation (CSE:POG) ("Perisson") are pleased to announce that they have entered into a definitive agreement pursuant to which Perisson and Forent have agreed to amalgamate under the Business Corporations Act (Alberta) (the "Amalgamation"). The Amalgamation Pursuant to the Amalgamation, each common share of Forent and Perisson will be exchanged for one common share of [Read more]

Chinook Energy Inc. Announces Its Audited Year-End Financial Results and 2016 Capital Program

CALGARY, ALBERTA--(Marketwired - March 7, 2016) - Chinook Energy Inc. ("our", "we", "us" or "Chinook") (TSX:CKE) is pleased to announce its audited year-end financial results and 2016 capital program. The audited financial results presented herein are consistent with the unaudited financial results announced in our news release issued on February 8, 2016. We will file the audited consolidated financial statements for the years ended December 31, 2015 and 2014 and related management's [Read more]

Raging River Exploration Inc. Announces Fourth Quarter & Year End 2015 Operating and Financial Results and Operations Update

CALGARY, ALBERTA--(Marketwired - March 7, 2016) - Raging River Exploration Inc. (the "Company" or "Raging River") (TSX:RRX) announces its operating and financial results for the three months and year ended December 31, 2015. Selected financial and operational information is outlined below and should be read in conjunction with the audited financial statements and the related management, discussion and analysis ("MD&A"). These filings will be available at www.sedar.com and the Company's [Read more]

EnerCom, Inc. Posts Agenda for The Oil & Services Conference(TM) 14 on March 9, 2016, in San Francisco

DENVER, CO--(Marketwired - Mar 7, 2016) - EnerCom, Inc. will host The Oil & Services Conference™ 14 (TOSC 14) on March 9, 2016, at the Le Méridien San Francisco Hotel. Institutional investors, energy research analysts, and oil and gas investors can register to attend, and find the work-in-progress presenter list at The Oil & Services Conference™ website.  EnerCom's San Francisco Conference connects public companies with investors and analysts. EnerCom accomplishes this objective by [Read more]

Tourmaline Oil Corp. Earns $80.1 Million in 2015

CALGARY, AB--(Marketwired - March 07, 2016) - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") achieved exceptional growth in reserves (30%) and production (37%) in 2015 while delivering strong profitability. HIGHLIGHTS Q4 earnings after tax of $34.6 million ($0.16/diluted share), re-emphasizing the fundamental profitability of Tourmaline's EP business even in a very low commodity price environment. Full year 2015 earnings were $80.1 million ($0.37/diluted share). Q4 2015 [Read more]

Zargon Oil & Gas Ltd. Provides 2015 Fourth Quarter and Full Year Financial Results

CALGARY, ALBERTA--(Marketwired - March 7, 2016) - Zargon Oil & Gas Ltd. ("Zargon" or the "Company") (TSX:ZAR)(TSX:ZAR.DB) - HIGHLIGHTS FROM THE FOURTH QUARTER AND YEAR ENDED DECEMBER 31, 2015 For calendar 2015, funds flow from operating activities of $24.14 million ($0.80 per basic share) was 52 percent lower than the $50.67 million ($1.68 per basic share) recorded in the prior year. Oil and liquids production averaged 3,727 barrels of oil and liquids per day in 2015, an 11 percent [Read more]

TransCanada to Terminate Alberta Power Purchase Arrangements

CALGARY, ALBERTA--(Marketwired - March 7, 2016) - TransCanada Corporation (TSX:TRP)(NYSE:TRP) (TransCanada) today announced plans to terminate its Alberta Power Purchase Arrangements (PPAs). This termination affects the Sheerness, Sundance A and Sundance B PPAs. "The agreements contain a provision that permits the PPA buyers to terminate the PPAs if there is a change in the law that makes the agreements unprofitable," said Bill Taylor, TransCanada's executive vice-president and [Read more]