BOE Report

Source Rock Royalties Enters Agreement to Acquire Light Oil Royalty Interests & Engages AltaCorp Capital for Brokered Private Placement

CALGARY, ALBERTA--(Marketwired - May 27, 2015) - Source Rock Royalties Ltd. ("Source Rock") announces that it has entered into a binding letter agreement (the "Agreement") with Toro Oil & Gas Ltd. ("Toro") (TSX VENTURE:TOO) to acquire Viking light oil production volume royalty interests and to provide Toro with an acquisition fund (the "Acquisition") that if utilized will result in Source Rock receiving additional gross overriding royalty interests. The Agreement stipulates that the [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]

Striker Exploration Corp. Announces First Quarter Operating and Financial Results and Increased Guidance

CALGARY, ALBERTA--(Marketwired - May 27, 2015) - Striker Exploration Corp. ("Striker" or the "Company") (TSX VENTURE:SKX) is pleased to announce our operating and financial results for the three month period ended March 31, 2015. Our Consolidated Financial Statements and Notes, as well as Management's Discussion and Analysis ("MD&A") for the period ended March 31, 2015, are available on Striker's website (www.strikerexp.com) and have been filed on SEDAR. FIRST QUARTER 2015 [Read more]

Adelos Unveils Distributed Acoustic Sensor Solution for Upstream Oil & Gas

POLSON, MT--(Marketwired - May 27, 2015) - Adelos Inc. today introduced Adelos 2.0, a fiber optic sensor system designed and optimized for commercial acoustic applications, including upstream oil & gas operations. Deployed as a system of systems, Adelos 2.0 adds value to oil and gas sectors, such as hydraulic fracturing (fracking), through a world-class combination of fiber optics sensors, advanced classification algorithms and real-time data processing. "The Adelos 2.0 acoustic sensing [Read more]

Leucrotta Exploration Inc. Announces Q1 2015 Financial and Operating Results

CALGARY, ALBERTA--(Marketwired - May 27, 2015) - LEUCROTTA EXPLORATION INC. (TSX VENTURE:LXE) ("Leucrotta" or the "Company") is pleased to announce its financial and operating results for the three months ended March 31, 2015. All dollar figures are Canadian dollars unless otherwise noted. HIGHLIGHTS Averaged 2,291 boe/d of production during Q1 2015 (excludes 190 boe/d of test production). Maintained low production expenses of $6.60/boe. Tested two step-out Montney wells in the [Read more]

May Brings Mixed Bag for LNG Projects, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - May 27, 2015) - Researched by Industrial Info Resources (Sugar Land, Texas) -- The month of May has brought steps both forward and backward for liquefied natural gas (LNG) projects in North America and Australia. Certain projects in the United States are making headway in development, while others in Canada and Australia have faced setbacks. On May 7, The U.S. Department of Energy (DoE) finalized its permission, initially granted in September 2013, [Read more]

Canadian Natural Resources Limited Announces the Deferral of Its Institutional Investor Open House

CALGARY, ALBERTA--(Marketwired - May 27, 2015) - Canadian Natural Resources Limited (TSX:CNQ) (NYSE:CNQ) ("Canadian Natural" or the "Company") announces that its previously planned Institutional Investor Open House ("Open House") for June 17, 2015 has been deferred. Rather than the detailed Open House presentation format, a conference call will be held on June 17, 2015, where Investors and Analysts are invited to listen to the Company's update of its strategy and plans. The Company maintains [Read more]

Zargon Oil & Gas Ltd. Report on Voting from the 2015 Shareholders Meeting

CALGARY, ALBERTA--(Marketwired - May 26, 2015) - (TSX:ZAR)(TSX:ZAR.DB) Zargon Oil & Gas Ltd. ("Zargon" or the "Corporation") announces that the following matters were voted upon at the annual meeting of the shareholders of Zargon held on May 26, 2015 in Calgary, Alberta. Each of the matters is described in greater detail in the Notice of Annual Meeting of Shareholders and Information Circular dated April 14, 2015 (the "Circular"). Election of Directors [Read more]

Northern Spirit Resources Inc. Announces Filing of First Quarter 2015 Financial Statements and Management’s Discussion and Analysis

CALGARY, ALBERTA--(Marketwired - May 26, 2015) - Northern Spirit Resources Inc. ("Northern Spirit" or the "Company") (TSX VENTURE:NS) is pleased to announce that it has today filed its unaudited financial statements for the three months ended March 31, 2015 together with the related management's discussion and analysis ("MD&A") on the System for Electronic Document Analysis and Retrieval (SEDAR) website at www.sedar.com. HIGHLIGHTS FROM THE FIRST QUARTER OF 2015 [Read more]

KANATA Energy Group Announces New $54 Million Producer Partnership

CALGARY, ALBERTA--(Marketwired - May 26, 2015) - KANATA Energy Group Ltd. ("KANATA") is pleased to announce that it has reached agreement with Cequence Energy Ltd. ("Cequence") to acquire a 50% share of their Simonette gathering and processing facility in west central Alberta. The facility has a capacity of 100 mmcfd and is connected to the Alliance pipeline system. As operator of the joint venture, KANATA will lead the construction of a new 120 mmcfd refrigeration facility that will have the [Read more]