BOE Report

Husky Energy Closes Preferred Shares Offering

CALGARY, AB--(Marketwired - March 12, 2015) - Husky Energy (TSX: HSE) has completed its recently announced public offering of 8,000,000 Cumulative Redeemable Preferred Shares, Series 5 (the "Series 5 Shares") with a syndicate of underwriters led by TD Securities Inc. and RBC Capital Markets. The aggregate gross proceeds to Husky from the completed upsized offering are $200 million. The net proceeds of the offering will be used for the partial repayment of short term debt incurred in [Read more]

Baytex Announces Increase in Bought Deal Financing to $550 Million

CALGARY, ALBERTA--(Marketwired - March 12, 2015) - Baytex Energy Corp. ("Baytex") (TSX:BTE) (NYSE:BTE) announces that it has reached an agreement with its syndicate of underwriters co-led by Scotiabank and RBC Capital Markets (collectively, the "Underwriters"), pursuant to which the $500 million "bought deal" offering of common shares ("Common Shares") announced yesterday has been increased to 31,700,000 Common Shares at a price of $17.35 per share (the "Offering Price"), for gross proceeds of [Read more]

Tamarack Valley Energy Ltd. Announces 78% Increase to Reserves and Record Fourth Quarter Production

CALGARY, ALBERTA--(Marketwired - March 12, 2015) - Tamarack Valley Energy Ltd. (TSX VENTURE:TVE) ("Tamarack" or the "Company") is pleased to announce the results of its independent reserves evaluation as of December 31, 2014, which includes a 78% increase in proved plus probable ("2P") reserves to 33.236 mmboe, a three year proved plus probable finding, development and acquisition cost average of $25.74/boe and a recycle ratio of 1.5 using 2014 netbacks of $38.92/boe. The Company is also pleased [Read more]

Epsilon Energy Ltd. Announces Full Year 2014 Results

HOUSTON, TEXAS--(Marketwired - March 11, 2015) - Epsilon Energy Ltd. ("Epsilon") (TSX:EPS) today reported its financial results for the fourth quarter and full-year ended December 31, 2014. Highlights for the year and material subsequent events following the end of the quarter through the date of this release include: Increased total estimated proved and probable reserves to 196 Bcf as of December 31, 2014. With 2014 production of 15 Bcf, this represents a 250% [Read more]

Peyto Celebrates a Record Breaking Year in 2014

CALGARY, ALBERTA--(Marketwired - March 11, 2015) - Peyto Exploration & Development Corp. ("Peyto" or the "Company") (TSX:PEY) is pleased to report operating and financial results for the fourth quarter and 2014 fiscal year which set Company records in virtually all categories. Record production - Fourth quarter 2014 production was a record 500 MMCFe/d (83,251 boe/d), with exit production of 85,700 boe/d. Q4 2014 production was up 24% (20% per share) from Q4 2013 while average annual [Read more]

Cardinal Energy Ltd. Confirms Monthly Dividend for March

CALGARY, ALBERTA--(Marketwired - March 11, 2015) - Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX:CJ) Cardinal confirms that a dividend of $0.07 per common share will be paid on April 15, 2015 to shareholders of record on March 31, 2015 with an ex-dividend date of March 27, 2015. The Board of Directors of Cardinal has declared the dividend payable in either cash or common shares at the election of the shareholder. This dividend has been designated as an "eligible dividend" for Canadian [Read more]

Baytex Announces $500 Million Bought Deal Financing

CALGARY, ALBERTA--(Marketwired - March 11, 2015) - Baytex Energy Corp. ("Baytex") (TSX:BTE) (NYSE:BTE) announces that it has entered into an agreement to sell 28,820,000 common shares ("Common Shares") at $17.35 per share (the "Offering Price") to raise gross proceeds of approximately $500 million on a bought deal basis (the "Offering"). The issue will be made through a syndicate of underwriters (the "Underwriters") co-led by Scotiabank and RBC Capital Markets. The net proceeds will be used to [Read more]

Husky Energy Begins Oil Production at the Sunrise Energy Project

CALGARY, AB--(Marketwired - March 11, 2015) - Husky Energy (TSX: HSE) has started oil production at the Sunrise Energy Project in northern Alberta. "Sunrise is the latest in a series of resilient, low sustaining capital projects to come online from our diverse portfolio," said CEO Asim Ghosh. "We are expecting more than 40 years of production from this reservoir with very low ongoing capital costs." Steam operations began in December 2014. Total production is expected to ramp up to full [Read more]

Eagle Energy Trust Announces Conference Call to Discuss 2014 Annual Results

CALGARY, ALBERTA--(Marketwired - March 11, 2015) - Eagle Energy Trust (TSX:EGL.UN) (the "Trust" or "Eagle") plans to release its financial and operating results for the three months and year ended December 31, 2014 and its 2014 reserves information after the market closes on Thursday, March 19, 2015. Richard Clark, President and Chief Executive Officer, Kelly Tomyn, Chief Financial Officer, and Wayne Wisniewski, Chief Operating Officer, will host a conference call and webcast the following [Read more]

Crescent Point Energy Announces Filing of 2014 Annual Information Form and Form 40-F

CALGARY, ALBERTA--(Marketwired - March 11, 2015) - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG)(NYSE:CPG) today announces the filing of its Annual Information Form ("AIF") for the year ended December 31, 2014, with the Canadian securities regulatory authorities on the System for Electronic Analysis and Retrieval ("SEDAR"). In addition, Crescent Point has filed its Form 40-F for the year ended December 31, 2014, which includes the AIF, with the United States [Read more]