BOE Report

Terra Energy Corp. Announces Renewal of Its Lending Facility and Selection of Financial Advisor

CALGARY, ALBERTA--(Marketwired - Aug. 4, 2015) - Terra Energy Corp. ("Terra" or the "Corporation") (TSX:TT) is pleased to announce the renewal of its credit facility with its senior lender and the selection of a financial advisor. The annual review of the Corporation's credit facility has now been completed by our Chartered Lender and the existing facility has been renewed at substantially the same terms and rates as the previous facility. The facility is comprised of a $22.5 million [Read more]

EnerCom, Inc. to Host 100+ E&P, Oilfield Service and MLP Companies at the Oil & Gas Conference(R) 20; Conference Dates Are August 16-20, 2015

DENVER, CO--(Marketwired - Aug 4, 2015) - EnerCom, Inc. will host The Oil & Gas Conference® 20, August 16-20, 2015, in Denver at the Westin Denver Downtown. The Conference is the oldest and largest energy investment conference hosted in Denver. Investment and oil and gas professionals interested in attending the event can register through the conference website.  Conference Details: The Oil & Gas Conference® 20 forum offers investment professionals the [Read more]

Pan Orient Energy Corp.: Prospective Resource Report – Anggun Prospect, Indonesia

CALGARY, ALBERTA--(Marketwired - Aug. 4, 2015) - Pan Orient Energy Corp. ("Pan Orient") (TSX VENTURE:POE) is pleased to announce the results of a recently completed third party engineer NI-51-101 compliant Prospective Resource Report for the Anggun Prospect, East Jabung Production Sharing Contract ("PSC"), Indonesia effective June 30, 2015 and conducted by Gaffney Cline & Associates ("GCA"). Highlight Mean estimated ultimate recoverable ("EUR") oil [Read more]

Pine Cliff Announces $70 Million Syndicated Credit Facilities

CALGARY, ALBERTA--(Marketwired - Aug. 4, 2015) - Pine Cliff Energy Ltd. ("Pine Cliff" or the "Company") (TSX VENTURE:PNE) is pleased to announce that the Company has entered into a $70.0 million syndicated credit facility (the "Syndicated Facility") with a syndicate of three Canadian Chartered banks, of which $47.6 million is drawn (current net debt is approximately $40.0 million). The Syndicated Facility consists of a $60.0 million revolving term credit facility and a $10.0 million revolving [Read more]

Northern Spirit Resources Inc. Announces Closing of Private Placement Financing and Appointment of New Management Team

CALGARY, ALBERTA--(Marketwired - Aug. 4, 2015) - Northern Spirit Resources Inc. ("Northern Spirit" or the "Corporation") (TSX VENTURE:NS) is pleased to announce that it has closed the previously announced non-brokered private placement (the "Closing"), issuing an aggregate of (i) 601,594,612 common shares in the capital of the Corporation ("Common Shares") at a price of $0.03375 per Common Share and (ii) 98,740,741 units of the Corporation ("Units") at a price of $0.03375 per Unit, to the new [Read more]

WesternZagros Resources Ltd.: Update From CEO

CALGARY, ALBERTA--(Marketwired - Aug. 4, 2015) - WesternZagros Resources Ltd. (TSX VENTURE:WZR) ("WesternZagros" or "the Company") is committed to providing timely and accurate information about its business strategy and objectives, financial and operating results, and development plan advancements. In addition to regulatory and materially-driven news releases, the Company invites investors and stakeholders to stay informed of its activity in the Kurdistan Region of Iraq through this [Read more]

Long Run Exploration Ltd. Enters Into Agreement for $200 Million Private Placement

CALGARY, ALBERTA--(Marketwired - Aug. 4, 2015) - Long Run Exploration Ltd. ("Long Run" or the "Company") (TSX:LRE) is pleased to announce that it has entered into an agreement for a private placement to Maple Marathon Investments Limited for gross proceeds of approximately $200 million. The proceeds from the private placement will be used for debt reduction to improve Long Run's capital structure. Maple Marathon Investments Limited ("Maple Marathon") is owned by MIE Holdings Corporation [Read more]

Bonterra Energy Corp. Confirms Cash Dividend for July 2015 Payable August 31, 2015

CALGARY, ALBERTA--(Marketwired - Aug. 4, 2015) - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) announces that the July 2015 monthly cash dividend will be $0.15 per share and will be paid on August 31, 2015. The record date for the dividend is August 14, 2015 and the ex-dividend date is August 12, 2015. The dividend is paid monthly and is subject to commodity prices and production levels. The dividend is considered an "eligible dividend" for tax purposes. [Read more]

Touchstone Announces Disposition of Undeveloped Saskatchewan Acreage

CALGARY, ALBERTA--(Marketwired - Aug. 4, 2015) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP) announces that it has disposed of its working interest in 1,166 net hectares of undeveloped acreage in the Dodsland area of Saskatchewan for cash consideration of $4.2 million to a Canadian oil and gas producer. The properties are not currently producing and were assigned net proved reserves of 424,000 barrels of oil equivalent based on future development costs of $14.9 [Read more]

Magnum Hunter Resources Declares Monthly Cash Dividend on Series C Preferred Stock, Series D Preferred Stock and Series E Preferred Stock

IRVING, TX--(Marketwired - Aug 3, 2015) - Magnum Hunter Resources Corporation (NYSE: MHR) (NYSE MKT: MHR.PRC) (NYSE MKT: MHR.PRD) ((NYSE MKT: MHR.PRE) (the "Company" or "Magnum Hunter") announced today that it has declared a monthly cash dividend on the Company's 10.25% Series C Cumulative Perpetual Preferred Stock ("Series C Preferred Stock"), a monthly cash dividend on the Company's 8.0% Series D Cumulative Preferred Stock ("Series D Preferred Stock") and a monthly cash dividend on the [Read more]