BOE Report

Tuscany Announces Financial and Operating Results for the Three Months Ended March 31, 2015

CALGARY, ALBERTA--(Marketwired - May 28, 2015) - Tuscany Energy Ltd. (TSX VENTURE:TUS) is pleased to report satisfactory financial and operating results for the first quarter of 2015. It was a difficult quarter due to the sharp decline in heavy oil prices, which dictated an almost complete cessation of activity. Tuscany however did continue to optimize its oil production capability and purchased some additional oil prone acreage while focusing on maintaining its low balance sheet [Read more]

Leucrotta Exploration Corporate Update

CALGARY, ALBERTA--(Marketwired - May 28, 2015) - Leucrotta Exploration Inc. ("Leucrotta" or the "Company") (TSX VENTURE:LXE) is pleased to announce a corporate update following the previously announced sale of a portion of its Northeast British Columbia assets. The assets were sold for approximately $80 million and has left the Company in a strong financial position and with significant flexibility to execute its business plan on its remaining 172 net sections of Montney in the Greater Dawson [Read more]

Hemisphere Energy Announces Q1 2015 Financial and Operating Results

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 27, 2015) - Hemisphere Energy Corporation (TSX VENTURE:HME) ("Hemisphere" or the "Company") is pleased to announce its financial and operating results for the three months ended March 31, 2015. Q1 2015 Highlights Achieved record quarterly production averaging 995 boe/d (84% oil and NGL), a 76% increase over the first quarter of 2014 and a 12% increase over the fourth quarter of 2014. Realized a $20.42/boe operating netback during a [Read more]

Tourmaline Announces a Significant Discovery and Related Expansion of Its NEBC Montney Complex

CALGARY, AB--(Marketwired - May 27, 2015) - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to provide results from the initial discovery and ongoing delineation of the liquid rich Lower Montney Turbidite lobe in the Dawson-Doe area of NEBC. The initial discovery was made during the fourth quarter of 2013, and over the past 16 months the Company has now tested the horizon with ten, widely-spaced, horizontal delineation wells. The initial discovery well, at [Read more]

Toro Oil & Gas Ltd. Announces a Non-Dilutive Financing of $12 Million Upon Sale of Production Volume Royalty on Viking Rights and Establishes $4 Million Acquisition Fund

CALGARY, ALBERTA--(Marketwired - May 27, 2015) - Toro Oil & Gas Ltd. (TSX VENTURE:TOO) ("Toro" or the "Company") is pleased to announce it has entered into a binding letter agreement (the "Agreement") with Source Rock Royalties Ltd. ("Source Rock"), a private company, for a non-dilutive financing, which inclusive of a $4 million acquisition fund, total $16 million. In exchange for $12 million in cash proceeds, Toro commits to provide Source Rock with Viking light oil production volumes as a [Read more]

Leucrotta Exploration Sells Northeast BC Property

CALGARY, ALBERTA--(Marketwired - May 27, 2015) - Leucrotta Exploration Inc. ("Leucrotta" or the "Company") (TSX VENTURE:LXE) is pleased to announce that it has signed a purchase and sale agreement and subsequently closed the disposition of a portion of its assets located in the Greater Dawson area in Northeast British Columbia for a cash consideration of approximately $80 million. The sold assets are currently producing approximately 1,300 boepd (87% gas) and had approximately 8.6 million boe of [Read more]

Anterra Energy Announces 2015 – Q1 Financial and Operating Results

CALGARY, ALBERTA--(Marketwired - May 27, 2015) - Anterra Energy Inc. ("Anterra" or the "Company") (TSX VENTURE:AE.A) announces financial and operating results for the three months ended March 31, 2015. Selected information presented below should be read in conjunction with the Company's unaudited interim financial statements and related management discussion and analysis for the three months ended March 31, 2015 available on SEDAR at www.sedar.com and on the Company's website at [Read more]

Canadian Quantum Announces Changes to the Board of Directors

CALGARY, ALBERTA--(Marketwired - May 27, 2015) - Canadian Quantum Energy Corporation ("Canadian Quantum" or the "Company") (TSX VENTURE:CQM) announced today that Mr. Robert Kulhawy has resigned as a director of the Company. Canadian Quantum wishes to thank Mr. Kulhawy for his dedication and service to the Company. About Canadian Quantum Canadian Quantum is actively pursuing oil and gas opportunities in Western Canada and continues to hold various interests in approximately [Read more]

ATCO Sustainable Communities Wins Contract With Piikani Nation

CALGARY, ALBERTA--(Marketwired - May 27, 2015) - Editor's Note: There is a photo associated with this release. ATCO Sustainable Communities (ATCO) announced today that it has signed a contract with the Piikani Nation to construct a 36,000 sq. ft. multipurpose centre in Brocket, Alta. "The Piikani Nation has been a longstanding partner with ATCO through the Oldman River hydroelectric project," said Boris Rassin, President, ATCO Sustainable Communities. "Today, we expand [Read more]

Hawk Announces First Quarter 2015 Results

CALGARY, ALBERTA--(Marketwired - May 27, 2015) - Calgary, Alberta - Hawk Exploration Ltd. ("Hawk" or the "Corporation") (TSX VENTURE:HWK.A) announces its results for the three months ended March 31, 2015. The Corporation's interim financial statements for the three months ended March 31, 2015 and management's discussion and analysis for the three months ended March 31, 2015 are available for viewing on SEDAR at www.sedar.com or on Hawk's website at www.hawkexploration.ca under Investor [Read more]