BOE Report

Questfire Energy Corp. Provides Operations Update and Announces Amendments to Its Credit Facilities

CALGARY, ALBERTA--(Marketwired - Dec. 31, 2015) - Questfire Energy Corp. (the "Corporation" or "Questfire") (TSX VENTURE:Q.A)(TSX VENTURE:Q.B) provides an operations update and announces amendments to its credit facilities. Low Decline Production, Reduced Operating Costs Questfire is pleased to announce that production curtailments due to Nova Gas Transmission (NGTL) restrictions at the Corporation's core Open Lake property in West Central Alberta have recently been lifted. Questfire's [Read more]

Manitok Energy Inc. Announces Closing of the First Tranche of Its Brokered Private Placement and Concurrent Non-Brokered Private Placement

CALGARY, ALBERTA--(Marketwired - Dec. 31, 2015) - Manitok Energy Inc. ("Manitok" or the "Corporation") (TSX VENTURE:MEI) is pleased to announce that on December 30, 2015, Manitok has closed the first tranche of its previously announced best-efforts private placement offering of common shares (the "Common Shares") in the capital of Manitok issued at a price of $0.13 per Common Share and Common Shares ("Flow-through Shares" and together with the Common Shares, the "Offered Shares") issued on a [Read more]

Changfeng Announces the New Gas Supply Contract With CNOOC Is Expected to Be Formalized in March 2016

TORONTO, ONTARIO--(Marketwired - Dec. 30, 2015) - Further to the press release dated December 4th, 2015, Changfeng Energy Inc. (TSX VENTURE:CFY) ("Changfeng" or the "Company") announces that Changfeng and China Natural Offshore Oil Corporation ("CNOOC") expect to formalize and sign the previously announced gas supply contract in March 2016. The current gas supply contract with CNOOC will remain in effect until the new gas supply contract is signed. Changfeng Energy Inc. [Read more]

Groundstar Resources Limited Announces Responses to Dissident Information Circular

CALGARY, ALBERTA--(Marketwired - Dec. 30, 2015) - NOT FOR DISTRIBUTION TO THE U.S.A. NEWS WIRE SERVICES OR FOR DISSEMINATION TO THE U.S.A. Groundstar Resources Limited (TSX VENTURE:GSA) (the "Company") is hereby responding to the allegations by Edward Malek Farah contained in the Dissident Information Circular dated December 21, 2015 (the "Dissident Circular"). First and foremost, the Company wishes to highlight that it, unlike the Dissident Group, [Read more]

Anterra Energy Announces Proposed Transaction to Extinguish Debt by Transfer of Assets

CALGARY, ALBERTA--(Marketwired - Dec. 30, 2015) - Anterra Energy Inc. ("Anterra" or the "Company") (TSX VENTURE:AE.A) announces that it has signed a purchase and sale agreement dated December 22, 2015 with Western Union Petro (Canada) Technology Co. Ltd. ("Western Union"), a subsidiary of LandOcean Energy Services Co. Ltd. The agreement provides that amounts owed by Anterra to Western Union (approximately $3.2 million) are extinguished in exchange for Anterra transferring its interests in three [Read more]

Stonehaven Closes Private Placement of Flow-Through Shares and Common Share Units

CALGARY, AB--(Marketwired - December 29, 2015) Stonehaven Exploration Ltd. ("Stonehaven" or the "Company") (TSX VENTURE: SE) reports that the Company has closed its previously announced non-brokered private placement offering through the issuance of 3,642,530 common shares of the Company ("Common Shares") issued on a "flow-through" basis (the "Flow-Through Shares") at a price of $0.58 per Flow-Through Share (the "FT Offering") and 550,000 non-flow-through units of the Company ("Units") at a [Read more]

Delphi Energy Provides Update

CALGARY, ALBERTA--(Marketwired - Dec. 29, 2015) - Delphi Energy Corp. (TSX:DEE) ("Delphi" or the "Company") provides the following update. Delphi is now singularly focused on its Bigstone assets where it holds 139.5 gross sections (118.1 net) of Montney rights and 81.5 gross sections (60.0 net) of contiguous shallow Cretaceous rights. The Bigstone Montney now represents 87 percent of corporate production. While the oil and gas industry remains in a very challenging environment, Delphi's [Read more]

Continental Resources Sees Higher Prices in First Half of 2016, Cuts Costs, Boosts Production as It Waits for Higher Oil Prices, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Dec 28, 2015) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- A growing number of investors are betting against independent oil & gas producer Continental Resources Corporation (NYSE:CLR) (Oklahoma City, Oklahoma), despite the company's success in lowering costs and increasing production. About 25 million of Continental's 340 million shares of common stock were sold short as of November 30, according to data from NASDAQ quoted in an [Read more]

Long Run Exploration Ltd. Announces Interim Forbearance Agreement With Its Lending Syndicate

CALGARY, ALBERTA--(Marketwired - Dec. 24, 2015) - Long Run Exploration Ltd. ("Long Run" or the "Company") (TSX:LRE) announces that it has entered into an interim forbearance and amending agreement to its credit agreement with its lending syndicate. The lending syndicate has acknowledged the previously announced event of default resulting from the termination of the Maple Marathon Investments Limited amended and restated investment agreement dated November 8, 2015. The lending syndicate has [Read more]

DXI Energy Granted Full NYSE MKT Listing Compliance

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 24, 2015) - DXI Energy Inc. (TSX:DXI)(NYSE MKT:DXI) ("DXI" or the "Company"), an upstream oil and gas exploration and production company operating in Colorado's Piceance Basin and the Peace River Arch region in British Columbia, today announced that it has received notification on December 23, 2015 from the NYSE MKT ("the Exchange") that it has regained compliance with the continued listing standards set forth in Part 10 of the NYSE MKT Company [Read more]