BOE Report

Traverse Energy Announces 2014 Year End Results

CALGARY, ALBERTA--(Marketwired - April 15, 2015) - Traverse Energy Ltd. ("Traverse" or "the Company") (TSX Venture:TVL) presents financial and operating results for the year ended December 31, 2014. Three Months Ended December 31 (unaudited) Year Ended December 31 Highlights 2014 2013 2014 2013 Financial ($ thousands, except per share amounts) Petroleum and natural gas revenue $ 5,508 $ 4,055 $ 19,717 $ 14,674 Cash [Read more]

Crescent Point Energy Confirms April 2015 Dividend

CALGARY, ALBERTA--(Marketwired - April 15, 2015) - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) confirms that the dividend to be paid on May 15, 2015, in respect of April 2015 production, for shareholders of record on April 30, 2015, will be CDN$0.23 per share. These dividends are designated as "eligible dividends" for Canadian income tax purposes. For U.S. income tax purposes, Crescent Point's dividends are considered "qualified dividends." [Read more]

Freehold Royalties Ltd. Upsizes Public Offering From $297 Million to $324 Million

CALGARY, ALBERTA--(Marketwired - April 15, 2015) - Freehold Royalties Ltd. ("Freehold" or the "Company") (TSX:FRU) announced today that it has upsized its $18.00 per share bought deal equity financing being co-led by RBC Capital Markets and CIBC, on behalf of a syndicate of underwriters, announced April 14, 2015 from $297 million to $324 million (the "Public Offering"). Consequently, the over-allotment option will increase from 2,475,000 common shares to up to an additional 2,700,000 common [Read more]

Eye-Opening Documentary PUMP, Now Available on Netflix, Is the Movie That Will Change Your Attitude About Fuel Forever, Narrated by Jason Bateman

LOS ANGELES, CA--(Marketwired - Apr 15, 2015) - After a successful nationwide theatrical release last fall, the eye-opening documentary PUMP is now available Netflix. Submarine Deluxe, in association with Fuel Freedom Foundation and iDeal Film Partners, are coordinating the digital release for Netflix. Directed by Josh Tickell and Rebecca Harrell Tickell, with narration by Jason Bateman, this engaging and inspiring documentary tells the story of America's addiction to oil, from its [Read more]

Pinecrest Energy Inc. Announces Filing of Audited Financial Statements for the Year Ended December 31, 2014 and Statement of Reserves

CALGARY, ALBERTA--(Marketwired - April 14, 2015) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA. Pinecrest Energy Inc. ("Pinecrest" or the "Company") (TSX VENTURE:PRY) has filed its audited annual financial statements for the year ended December 31, 2014 and related management's discussion and analysis (collectively, the "Financial Information"). Pinecrest has also filed its statement of reserves for the year ended December 31, 2014 (the " [Read more]

Pengrowth Energy Announces Board Appointment

CALGARY, ALBERTA--(Marketwired - April 14, 2015) - Pengrowth Energy Corporation (TSX:PGF) (NYSE:PGH) is pleased to announce the appointment of Jamie Sokalsky to its Board of Directors. Mr. Sokalsky brings over 30 years of senior executive experience in a wide range of areas including finance, capital markets, corporate strategy, project development, acquisitions and divestitures. Mr. Sokalsky's career centered primarily within the mining and resources sector, where he held various executive [Read more]

Eagle Energy Trust Confirms April 2015 Distribution

CALGARY, ALBERTA--(Marketwired - April 14, 2015) - Eagle Energy Trust (TSX:EGL.UN) ("Eagle") confirms its April 2015 distribution. The cash distribution to be paid on May 22, 2015, in respect of the period from and including April 1, 2015 to April 30, 2015, for unitholders of record on April 30, 2015 will be $0.03 per trust unit. The ex-distribution date is April 28, 2015. The annualized distribution of $0.36 per trust unit represents a cash-on-cash yield of 12.3% based on the closing [Read more]

Dave Wizinsky, MEG Energy Board Director and co-founder of a Canadian energy success story retires after 16 years

CALGARY, ALBERTA--(Marketwired - April 14, 2015) - MEG Energy Corp. (TSX:MEG) reports that co-founder Dave Wizinsky will step down from the corporation's Board of Directors effective May 7, 2015, after serving for 16 years with the company. "Dave came in as a founding investment partner when oil was about $12 a barrel and MEG was just a vision," said Bill McCaffrey, founder, President and Chief Executive Officer. "As part of a larger team, he contributed to several landmark financings and the [Read more]

Freehold Royalties Ltd. Enters Into Agreements to Acquire Royalty Production and Mineral Title Lands for $321 Million and Launches Concurrent $330 Million Public Offering and Private Placement

CALGARY, ALBERTA--(Marketwired - April 14, 2015) - Freehold Royalties Ltd. ("Freehold" or the "Company") (TSX:FRU) announced today that it has entered into definitive agreements with Penn West Petroleum Ltd. ("Penn West") to acquire two royalty packages totalling an expected 1,400 barrels of oil equivalent ("boe") per day of 2015 average net production with expected annualized operating income of $29 million in 2015 under the pricing assumptions used in the Company's current guidance (US$60 per [Read more]