BOE Report

Primeline Energy: Issuance of Second Tranche of US$8 Million Bonds

HONG KONG, CHINA--(Marketwired - Nov. 12, 2015) - NOT FOR DISTRIBUTION TO THE U.S. NEWS WIRES SERVICES, OR DISSEMINATION IN THE UNITED STATES. Primeline Energy Holdings Inc. ("Primeline" or the "Company") (TSX VENTURE:PEH) today announced that effective November 10, 2015, it has completed the second tranche of its private placement of unsecured convertible bonds in the aggregate principal amount of US$20,000,000 (the "Bonds") announced by Primeline on May 11 and June 5, 2015. [Read more]

Delphi Energy Reports Third Quarter Results

CALGARY, ALBERTA--(Marketwired - Nov. 12, 2015) - Delphi Energy Corp. (TSX:DEE) ("Delphi" or the "Company") is pleased to announce its financial and operational results for the quarter ended September 30, 2015. Third Quarter 2015 Highlights Generated funds from operations of $10.1 million and realized net earnings of $10.7 million in the third quarter of 2015; Closed the disposition of its Wapiti assets for gross proceeds of $50.0 million. The proceeds were applied against the [Read more]

Spartan Energy Corp. Announces Third Quarter Financial and Operating Results

CALGARY, ALBERTA--(Marketwired - Nov. 12, 2015) - Spartan Energy Corp. ("Spartan" or the "Company") (TSX:SPE) is pleased to report its financial and operating results for the three and nine months ended September 30, 2015. Selected financial and operational information is set out below and should be read in conjunction with Spartan's September 30, 2015 interim financial statements and the related management's discussion and analysis, which are available for review at www.sedar.com or on the [Read more]

Victory Energy Signs Letter of Intent to Acquire Proved Producing Reserves

AUSTIN, TX--(Marketwired - November 12, 2015) - Victory Energy Corporation (OTCQX: VYEY) ("Victory" or "the Company"), a growth stage exploration and production company, today announced it has entered into a letter of intent to acquire 181 net barrels of oil equivalent per day ("BOEPD"). The company expects the acquisition to result in ~77.1% - 88.6% working interest in three producing wells and ~38.6% - 44.3% working interest in 1,370 net acres that are currently held by production. Upon [Read more]

ENSERVCO Reports Third Quarter Financial Results

DENVER, CO--(Marketwired - Nov 12, 2015) - ENSERVCO Corporation (NYSE MKT: ENSV) Despite industry downturn, Q3 well enhancement revenue flat year over year and total revenue down just 8% compared to revenue declines of 33% to 55% for other oil field services companies Gross profit improves $523,000, or 92%, to a marginal loss of $47,000 as a result of cost management efforts and lower fuel prices Net loss improves [Read more]

Encana Lowers Costs and Grows High Margin Production in the Third Quarter

CALGARY, AB--(Marketwired - November 12, 2015) - Encana Corporation (TSX: ECA) (NYSE: ECA) Encana continued to grow high margin production in each of its core four assets during the third quarter and took further decisive steps to lower its cost structures, manage its balance sheet and focus its portfolio. Highlights include: liquids production up 10 percent from the second quarter and 35 percent year-over-year to 140,400 barrels per day (bbls/d), marking an eighth consecutive quarter of [Read more]

Forent Energy Ltd. Announces $4.0 Million Crude Oil Acquisition

CALGARY, ALBERTA--(Marketwired - Nov. 12, 2015) - Forent Energy Ltd. (TSX VENTURE:FEN) ("Forent") is pleased to announce an acquisition (the "Acquisition") of oil weighted production in the Company's core area of Twining near Three Hills, Alberta. The purchase price is $4.0 million less adjustments, subject to a 10% royalty with a put/call arrangement. The effective date of the Acquisition is August 1, 2015, with the closing expected in early December 2015. The Acquisition Forent will [Read more]

Tuscany Announces Operational Update for Q3 2015

CALGARY, ALBERTA--(Marketwired - Nov. 12, 2015) - Tuscany Energy Ltd. (TSX VENTURE:TUS) plans to release its Q3 2015 financial and operating results after the close of the market on November 26, 2015. The Company is pleased to provide the following financial and operating estimates for the three and nine months ended September 30, 2015: Three months ended September 30, Nine months ended September 30, ($ Thousands, except for BOEd and Per Share [Read more]

Peyto Reports Q3 2015 Results and Hits 100,000 boe/d Daily Production Level

CALGARY, ALBERTA--(Marketwired - Nov. 12, 2015) - Peyto Exploration & Development Corp. (TSX:PEY) ("Peyto" or the "Company") is pleased to present its operating and financial results for the third quarter of the 2015 fiscal year. The Company achieved record low costs and again improved operational execution to deliver a 79% operating margin (1) and a 22% profit margin (2). Additional highlights included: Earnings of $0.23/share, dividends of $0.33/share. Earnings of $37 million were [Read more]

Storm Resources Ltd. (“Storm” or the “Company”) is Pleased to Announce Its Financial and Operating Results for the Three and Nine Months Ended September 30, 2015

CALGARY, ALBERTA--(Marketwired - Nov. 11, 2015) - Storm Resources Ltd. (TSX VENTURE:SRX) Storm has also filed its unaudited condensed interim consolidated financial statements as at September 30, 2015 and for the three and nine months then ended along with Management's Discussion and Analysis ("MD&A") for the same period. This information appears on SEDAR at www.sedar.com and on Storm's website at www.stormresourcesltd.com. Selected financial and operating information for the three and [Read more]