BOE Report

Seven Generations Closes $300 Million Private Placement Financing

CALGARY, ALBERTA--(Marketwired - Feb. 24, 2016) - Seven Generations Energy Ltd. (TSX:VII) has closed its previously announced bought deal financing pursuant to which it issued 21,428,600 common shares at a price of $14.00 per share for gross proceeds of $300 million. The net proceeds are anticipated to be used for general corporate purposes - primarily 2016 capital investment aimed at growing liquids-rich natural gas production at 7G's Kakwa River Project in northwest Alberta. With the issuance [Read more]

Spartan Energy Corp. Provides 2015 Year-End Reserves, 2016 Corporate Budget and Operational Update

CALGARY, ALBERTA--(Marketwired - Feb. 24, 2016) - Spartan Energy Corp. ("Spartan" or the "Company") (TSX:SPE) is pleased to provide a summary of our 2015 year-end reserves, an overview of our 2016 corporate budget and an operational update. Reserve numbers presented herein were derived from an independent reserves report (the "Sproule Report") prepared by Sproule Associates Ltd. ("Sproule") effective December 31, 2015. All financial information presented in this press release is based on [Read more]

Deep Well Announces SAGD Project Update

EDMONTON, ALBERTA--(Marketwired - Feb. 24, 2016) - Deep Well Oil & Gas, Inc. (and its subsidiaries - "Deep Well" or "Company") (OTCQB:DWOG) is providing an update for our Steam Assisted Gravity Drainage ("SAGD") oil sands project at Sawn Lake, Alberta, Canada. DWOG holds a 25% working interest in the demonstration project, which commenced in 2013 located at Sawn Lake. The demonstration project consists of one SAGD well pair drilled to a depth of 650 meters and a horizontal length of 780 [Read more]

Tamarack Valley Energy Ltd. Announces a 46% Increase in Proved Reserves With 356% Production Replacement

CALGARY, ALBERTA--(Marketwired - Feb. 24, 2016) - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") is pleased to announce the results of its independent oil and gas reserves evaluation as of December 31, 2015, prepared by GLJ Petroleum Consultants Ltd. ("GLJ"), summarized below. Tamarack's stringent capital allocation complemented by a constant focus on cost reductions and improving capital efficiencies has resulted in another significant year of reserve growth in 2015, despite [Read more]

Encana Reports Strong 2015 Operating Performance and Reduces Planned 2016 Capital Investment by Around 55 Percent Year-Over-Year

CALGARY, AB --(Marketwired - February 24, 2016) - (TSX: ECA) (NYSE: ECA) Encana took decisive steps in 2015 to further strengthen its balance sheet by significantly lowering debt, increasing its financial flexibility and liquidity and aggressively driving down costs. The company focused its 2015 capital investment on its core four assets, the Permian, Eagle Ford, Duvernay and Montney, which exceeded their combined fourth quarter production target. Highlights in 2015 include: fourth [Read more]

Strad Energy Services Announces Fourth Quarter Results

CALGARY, ALBERTA--(Marketwired - Feb. 23, 2016) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES ("U.S.") The news release contains "forward-looking information and statements" within the meaning of applicable securities laws. For full disclosure of the forward-looking information and statements and the risks to which they are subject, see the "Cautionary Statement Regarding Forward-Looking Information and Statements" later in this news [Read more]

PrairieSky Royalty Announces Conference Call for December 31, 2015 Results

CALGARY, ALBERTA--(Marketwired - Feb. 23, 2016) - PrairieSky Royalty Ltd. (TSX:PSK) PrairieSky will release its fourth quarter and year end 2015 results on Monday, February 29, 2016 after markets close. The news release detailing PrairieSky's 2015 results will provide operating and financial information. Financial statements along with management's discussion and analysis will be available on PrairieSky's website at www.prairiesky.com and on SEDAR at www.sedar.com. A conference [Read more]

NuVista Energy Ltd. Presenting at 21st Annual Credit Suisse Energy Summit in Vail, CO

CALGARY, ALBERTA--(Marketwired - Feb. 23, 2016) - NuVista Energy Ltd. (TSX:NVA) announces that Jonathan Wright, President and CEO of NuVista, will be presenting at the 21st Annual Credit Suisse Energy Summit in Vail, CO on Thursday, February 25th at 11:00am MST. His presentation will be available via Audio WebCast by entering https://cc.talkpoint.com/cred001/022216a_ae/?entity=35_8PIX0XJ INVESTOR INFORMATION NuVista is an independent Canadian oil and natural gas [Read more]

Pan Orient Energy Corp.: Sawn Lake Alberta SAGD Heavy Oil Operations Update

CALGARY, ALBERTA--(Marketwired - Feb. 23, 2016) - Pan Orient Energy Corp. (TSX VENTURE:POE), on behalf of its 71.8% owned subsidiary Andora Energy Corporation ("Andora"), is providing an update for Andora's Steam Assisted Gravity Drainage ("SAGD") oil sands project at Sawn Lake Alberta, Canada. Highlights Bitumen production in 2016 at the Sawn Lake Demonstration Project has reached a steady state production level over the past seven weeks of 606 barrels per day ("BOPD") (303 BOPD net to [Read more]

QS Energy Enters New Fiscal Year With Commercial Deployment of Improved AOT(TM) Viscosity Reduction Technology and M&A Asset Strategy

SANTA BARBARA, CA--(Marketwired - February 23, 2016) - QS Energy, Inc. (the "Company") (OTCQX: QSEP), a developer of integrated technology solutions for the energy industry, today further elaborated on material disclosures it recently provided concerning commercialization of the re-engineered AOT™ (Applied Oil Technology) viscosity reduction system, and the Company's ongoing diversification strategy of acquiring undervalued oil and gas assets to capitalize on today's buy-side opportunities. [Read more]