BOE Report

Tourmaline Oil Corp. Earns $488.9 Million in 2014

CALGARY, AB--(Marketwired - March 09, 2015) - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") achieved exceptional growth in reserves (45%), production (51%) and cash flow(1) (76%) in 2014 while delivering strong profitability. The Company posted record after-tax earnings of $488.9 million for the 2014 fiscal year. HIGHLIGHTS Record full year after-tax earnings of $488.9 million ($2.41 per diluted share), a 230% increase over 2013, underscoring the fundamental full-cycle [Read more]

Husky Energy Announces Notes Offering

CALGARY, AB--(Marketwired - March 09, 2015) - Husky Energy (TSX: HSE) has agreed to issue $750 million in notes maturing on March 12, 2025 (the "2025 Notes"). The 2025 Notes have a coupon of 3.55 percent and have been assigned a credit rating of BBB+ by Standard & Poor's, Baa2 with a stable outlook by Moody's and A (low) with a stable trend by DBRS. The net proceeds of the offering will be used for the partial repayment of short term debt incurred in connection with the Company's U.S. [Read more]

Enbridge Energy Partners, L.P. Announces Public Offering of Class A Common Units

HOUSTON, TX--(Marketwired - Mar 9, 2015) -  Enbridge Energy Partners, L.P. (NYSE: EEP) ("Enbridge Partners" or the "Partnership") announced today it has commenced, subject to market conditions, an underwritten public offering of 8 million of its Class A Common Units representing limited partner interests. The Partnership is expected to grant the underwriters a 30-day option to purchase up to an additional 1.2 million Class A Common Units. The Partnership expects to use the net proceeds from [Read more]

Groundstar Resources Limited Provides Corporate Update

CALGARY, ALBERTA--(Marketwired - March 9, 2015) - Groundstar Resources Limited. (the "Company") (TSX VENTURE:GSA) announces that the Board of Directors has accepted the resignation of Mr. Shabir Premji as Chief Financial Officer and a director of the Company, effective immediately. Mr. Premji has indicated that he has decided to pursue other opportunities. The Board of Directors thanks Mr. Premji for his contributions over the last several years in his role as a Director and as a member of the [Read more]

Baytex Energy Files 2014 Year-End Disclosure Documents

CALGARY, ALBERTA--(Marketwired - March 9, 2015) - Baytex Energy Corp. ("Baytex") (TSX:BTE)(NYSE:BTE) announces the filing of its Annual Information Form for the year ended December 31, 2014 (the "AIF") with the Canadian securities regulatory authorities on the System for Electronic Analysis and Retrieval ("SEDAR"). In addition, Baytex has filed its Annual Report on Form 40-F for the year ended December 31, 2014, which includes the AIF, with the U.S. Securities and Exchange Commission on the [Read more]

Exall Energy Corporation Updates Expected Timing to Pay Out Existing Credit Facility

CALGARY, ALBERTA--(Marketwired - March 9, 2015) - Exall Energy Corporation ("Exall" or the "Company") (TSX:EE)(TSX:EE.DB) announced today that, further to its February 9, 2015 and February 11, 2015 announcements, Viking Investments Group, Inc. ("Viking") has advised Exall that given the current timing, it is considering dispensing with a bridge financing arrangement as a means to retire Exall's existing facility with its current senior Canadian lender (the "Facility") in full, and instead [Read more]

Petrolia Announces the Appointment of a New Director and Certain Changes within Its Management Team

QUÉBEC CITY, QUÉBEC--(Marketwired - March 9, 2015) - Pétrolia (TSX VENTURE:PEA) announces the appointment of a new board member as well as the restructuring of its management team in order to continue the implementation of its business plan. These decisions will improve resource allocation and help the Corporation to better fulfill its role as operator of the Anticosti project while also pursuing its objectives in the Haldimand and Bourque projects. The [Read more]

Kelt Increases CDE Flow-Through Equity Financing to $33.4 Million

CALGARY, AB--(Marketwired - March 09, 2015) - Kelt Exploration Ltd. ("Kelt" or the "Company") (TSX: KEL) is pleased to announce that it has increased its previously announced non-brokered private placement of common shares, issued on a "flow-through" basis in respect of Canadian development expenses at a price of $8.60 per share, from $28.4 million to $33.4 million (the "Private Placement"). Proceeds from the Private Placement will be used to partially finance the Company's drilling and [Read more]

Crew Energy Inc. Announces Fourth Quarter and Full Year 2014 Financial and Operating Results

CALGARY, ALBERTA--(Marketwired - March 9, 2015) - Crew Energy Inc. (TSX:CR) of Calgary, Alberta ("Crew" or the "Company") is pleased to announce our operating and financial results for the three and twelve month periods ended December 31, 2014. Our full audited consolidated Financial Statements and Notes, as well as Management's Discussion and Analysis ("MD&A") for the year ended December 31, 2014 are available on Crew's website and will be filed on SEDAR. 2014 HIGHLIGHTS Our fourth [Read more]

Forent Energy Announces 2014 Reserves

CALGARY, ALBERTA--(Marketwired - March 9, 2015) - Forent Energy Ltd. (TSX VENTURE:FEN) ("Forent" or the "Company") is pleased to announce the results of its independent reserves evaluation ("The McDaniel Report") conducted by McDaniel and Associates Consultants Ltd. ("McDaniel"). McDaniel is a qualified reserves evaluator in accordance with the Canadian Oil and Gas Evaluation Handbook and National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities. The McDaniel Report is dated [Read more]