BOE Report

Questfire Energy Corp. Announces December 31, 2014 Reserves and Record Quarterly Production

CALGARY, ALBERTA--(Marketwired - April 7, 2015) - Questfire Energy Corp. (the "Corporation" or "Questfire") (TSX VENTURE:Q.A)(TSX VENTURE:Q.B) is pleased to announce the results of its independent reserves evaluation as of December 31, 2014 as prepared by GLJ Petroleum Consultants Ltd. ("GLJ"), the Corporation's independent reserves evaluator. The evaluation was prepared in accordance with National Instrument 51-101 - Standards of Disclosure for Oil and Gas Activities. Highlights of the [Read more]

DeeThree Exploration Ltd. Announces Corporate Reorganization to Create Two Oil-Focused Companies

CALGARY, ALBERTA--(Marketwired - April 7, 2015) - DeeThree Exploration Ltd. (TSX:DTX) ("DeeThree" or the "Company") is pleased to announce that its Board of Directors has unanimously approved the reorganization of DeeThree to create two, focused and independent, publicly traded energy companies - one, a sustainable growth-focused light-oil company centered around DeeThree's Belly River development in the Pembina-Brazeau area of Alberta, to be named Boulder Energy Ltd. ("Boulder"); and the other [Read more]

Gibson Energy to Release First Quarter 2015 Results and Hold Annual General Meeting

CALGARY, ALBERTA--(Marketwired - April 7, 2015) - Gibson Energy Inc. ("Gibson" or the "Company"), (TSX:GEI), announced today that it expects to release its first quarter results for the period ending March 31, 2015 on Tuesday, May 5, following market close. A conference call has also been scheduled for 7:00 a.m. MT (9:00 a.m. ET) on Wednesday, May 6, 2015 for interested analysts, investors, and media representatives. The conference call dial-in numbers are: [Read more]

NuVista Energy Ltd. Announces Bought Deal Financing and Concurrent Private Placement

CALGARY, ALBERTA--(Marketwired - April 7, 2015) - NuVista Energy Ltd. ("NuVista") (or the "Company") (TSX:NVA) is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by RBC Capital Markets and Peters & Co. Limited, pursuant to which the underwriters have agreed to purchase, on a bought deal basis, 11,465,000 common shares of the Company (the "Common Shares") at a price of $7.85 per Common Share and to place on a bought deal basis 925,000 common [Read more]

American Eagle Energy Announces Forbearance Agreement

DENVER, CO--(Marketwired - April 07, 2015) - American Eagle Energy Corporation (NYSE MKT: AMZG) (the "Company") announces that on April 2, 2015, the following events occurred in respect of the Notes (the "August Notes") that the Company sold in August 2014:The Company entered into a Forbearance Agreement with four holders (the "Ad Hoc Group"), who collectively own or manage in excess of 50% (face amount) of the August Notes;The Company tendered the sum of $4.0 million as a partial interest [Read more]

Advanced Power Closes Financing of $899 Million Carroll County Energy Project in Ohio

CARROLLTON, OH--(Marketwired - Apr 7, 2015) - Advanced Power announced today that it has successfully closed a $899 million project financing with its partners TIAA-CREF, Chubu Electric Power Company, Ullico and Prudential Capital Group providing $411 million in equity commitments and BNP Paribas, Credit Agricole and eight other commercial banks providing $488 million in senior secured credit facilities for construction of the Carroll County Energy project. Located in northeastern Ohio, [Read more]

Westbridge Appoints Technical Advisor

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 7, 2015) - Westbridge Energy Corporation (TSX VENTURE:WEB) (OTC PINK:WEGYF) (FRANKFURT:PUQ1) ("Westbridge" or the "Company") reports Mr. Kevin Broger has been appointed technical advisor to the Company, effective immediately. Mr. Broger is a veteran oil and gas explorationist and currently President of Out Front of the Curve, an upstream advisory firm focused on the evaluation of oil and gas projects globally. With over 28 years of technical and [Read more]

Bonterra Energy Corp. Announces Borrowing Base Increase Following Annual Banking Review

CALGARY, ALBERTA--(Marketwired - April 7, 2015) - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) ("Bonterra" or "the Company") is pleased to announce today that following its annual banking review, certain amendments to the existing credit agreement dated April 29, 2009 between the Company and its syndicate of lenders (the "Lenders"), have been agreed to. Based on the terms and conditions set forth in the amended credit agreement, the Lenders have agreed to the [Read more]

Leucrotta Provides Information on Light Oil Discoveries and Liquids-Rich Montney Project

CALGARY, ALBERTA--(Marketwired - April 7, 2015) - Leucrotta Exploration Inc. ("Leucrotta" or the "Company") (TSX VENTURE:LXE) is pleased to announce an update on its two light oil discoveries and as well as other operational activities. Montney Light Oil Discovery: The Mica 13-7 horizontal well was drilled with a vertical pilot that was cored and logged prior to drilling a 1,500 meter horizontal leg. The well was drilled in Q4 2014 and completed in Q1 2015. During a 29 day test period, the [Read more]

Leucrotta Exploration Announces Significant Reserve Growth

CALGARY, ALBERTA--(Marketwired - April 7, 2015) - Leucrotta Exploration Inc. ("Leucrotta" or the "Company") (TSX VENTURE:LXE) is pleased to announce its 2014 year-end reserves as independently evaluated by GLJ Petroleum Consultants Ltd. ("GLJ"), in accordance with National Instrument 51-101 ("NI 51-101"). 2014 Highlights Increased proved plus probable reserves by 87% to 25.5 million barrels of oil equivalent ("boe") Increased proved reserves by 62% to 14.1 million boe Reserve [Read more]