BOE Report

Arcan Announces Resignation of Director

CALGARY, ALBERTA--(Marketwired - March 8, 2015) - Arcan Resources Ltd. (TSX VENTURE:ARN) (the "Company") announces that Murray Hinz has resigned as a director of the Company. The Company and its board of directors thank Mr. Hinz for his many valuable contributions to the Company and wish him well in his future endeavors. Arcan Resources Ltd. Arcan Resources Ltd. is an Alberta, Canada corporation that is principally engaged in the exploration, development and acquisition of petroleum and [Read more]

NuVista Energy Ltd. Announces Fourth Quarter and Year End 2014 Operating Results, Reserves and Resources

CALGARY, ALBERTA--(Marketwired - March 8, 2015) - NuVista Energy Ltd. ("NuVista") (or the "Company") (TSX:NVA) is pleased to announce results for the three and twelve months ended December 31, 2014 and provide an update on its future business plans. NuVista had an exceptional year in 2014 on many fronts by: Increasing natural gas and condensate production, reserves and contingent resources; Successfully commencing operations of our new Bilbo compressor station on time and on [Read more]

Rockdale Resources Announces a Change in Executive Leadership to Enhance Production and Profitability

HOUSTON, TX--(Marketwired - March 07, 2015) - Rockdale Resources Corporation (OTCQB: BBLS) (the "Rockdale") today announced that David N. Baker has stepped down as Chief Executive Officer and from our board of directors, effective February 28. As a result, Leo Womack has been elected to succeed Mr. Baker as Chairman of the Board and Zel C. Khan appointed CEO and President of the Company. Mr. Khan's appointment was made with the expectation of Rockdale entering into a definitive agreement with [Read more]

Lightstream Announces 2014 Funds Flow From Operations of $572 Million

CALGARY, ALBERTA--(Marketwired - March 6, 2015) - Lightstream Resources Ltd. (the "Company" or "Lightstream") (TSX:LTS) announces fourth quarter and year-end 2014 financial and operating results. HIGHLIGHTS In this press release, annual comparisons are 2014 compared to 2013 and quarterly comparisons are fourth quarter 2014 compared to fourth quarter 2013, unless otherwise noted. All references to well counts are on a net basis. Our 2014 proved plus probable ("2P") year-end reserve [Read more]

Paramount Resources Ltd. Announces 2014 Results: Conventional P+P Reserves Increase 159%; Sales to Surpass 70,000 Boe/d in 2015; $400 Million 2015 Capital Budget

CALGARY, ALBERTA--(Marketwired - March 5, 2015) - Paramount Resources Ltd. (TSX:POU) RESERVES Proved reserves increased 159 percent to 226.8 MMBoe, after production of 9.0 MMBoe and dispositions of 2.4 MMBoe (replacement ratio of 17 times). Conventional proved and probable ("P+P") reserves increased 159 percent to 347.1 MMBoe (replacement ratio of 25 times), a record level for the Company. P+P condensate and Other NGLs reserves increased to 163.7 MMBbl, a 183 percent increase over [Read more]

Freehold Royalties Ltd. Announces 2014 Fourth Quarter Results and Year-End Reserves

CALGARY, ALBERTA--(Marketwired - March 5, 2015) - Freehold Royalties Ltd. (Freehold) (TSX:FRU) today announced 2014 fourth quarter results and reserves as at December 31, 2014. Results at a Glance Three Months Ended December 31 Twelve Months Ended December 31 FINANCIAL ($000s, except as noted) 2014 2013 Change 2014 2013 Change Gross revenue 43,631 45,287 -4% 199,850 181,578 10% Net [Read more]

Enbridge Optimizes Regional Oil Sands Infrastructure Expansions

CALGARY, ALBERTA--(Marketwired - March 5, 2015) - Enbridge Inc., (TSX:ENB) (NYSE:ENB) announced today plans to optimize a previously announced expansion of its Regional Oil Sands System. The optimization, which has been agreed to with affected shippers, will involve capital cost savings of $0.4 billion in aggregate and lower tolls for the shippers, while maintaining attractive returns on the capital to be invested. Projects involved in the optimization include the Athabasca Twin Project and [Read more]

Birchcliff Energy Ltd. Announces Quarterly Preferred Share Dividend

CALGARY, ALBERTA--(Marketwired - March 5, 2015) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Birchcliff Energy Ltd. ("Birchcliff") (TSX:BIR) today announced that its Board of Directors has declared the following dividends on its outstanding preferred shares: a quarterly cash dividend of $0.50 per share for the calendar quarter ending on March 31, 2015, on Birchcliff's outstanding Cumulative [Read more]

Pan Orient Announces Intention to Commence Normal Course Issuer Bid

CALGARY, ALBERTA--(Marketwired - March 5, 2015) - Pan Orient Energy Corp. ("Pan Orient") (TSX VENTURE:POE) announced today that it intends to commence a normal course issuer bid for the purchase of its common shares. The bid is subject to regulatory approval, by the TSX Venture Exchange ("TSXV"). Under the terms of the bid, when accepted by the TSXV, Pan Orient will be authorized to purchase, for cancellation, up to 4,705,920 of its common shares (10% of the public float), subject to a [Read more]

DeeThree Exploration Announces 2014 Year End Reserves and Provides Operations Update

CALGARY, ALBERTA--(Marketwired - March 5, 2015) - DEETHREE EXPLORATION LTD. ("DeeThree" or the "Company") (TSX:DTX)(OTCQX:DTHRF) is pleased to report its 2014 year end oil and gas reserves. At December 31, 2014 DeeThree has increased its proved plus probable reserves by 31% to 51.8 mmboe as compared to the prior year. DeeThree's reserve additions were predominately a result of the successful 2014 drilling program. RESERVE HIGHLIGHTS Total proved plus probable reserves increased 31% to [Read more]