BOE Report

Generous Calgarians helped surpass 2014 food drive goal

CALGARY, ALBERTA--(Marketwired - Jan. 6, 2015) - To date, generous Calgarians have brought the 2014 CBC Calgary Suncor Energy Food Bank Drive to a total of $1,339,436 in food and funds. The annual food drive was launched on December 1, with a goal of raising $1 million for the Calgary Food Bank. "We are so grateful to CBC and Suncor for leading the charge to raise these funds again this year. While we continue to work toward this goal, our true goal is to ensure we are continuing to do [Read more]

Hyperion Shareholders Approve Arrangement With Tri-Win International Investment Group Inc.

CALGARY, ALBERTA--(Marketwired - Jan. 6, 2015) - Hyperion Exploration Corp. ("Hyperion") (TSX VENTURE:HYX) is pleased to announce that the holders ("Hyperion Shareholders") of common shares ("Common Shares") of Hyperion have approved the proposed acquisition of Hyperion by Tri-Win International Investment Group Inc. through a wholly-owned subsidiary, 1864492 Alberta Ltd., pursuant to a plan of arrangement under the Business Corporations Act (Alberta) (the "Arrangement"). Under the Arrangement, [Read more]

Crescent Point Energy Announces $1.45 Billion Capital Expenditures Budget for 2015

CALGARY, ALBERTA--(Marketwired - Jan. 6, 2015) - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG)(NYSE:CPG) announces a $1.45 billion capital expenditures budget for 2015. The capital expenditures budget is expected to generate average daily production of 152,500 boe/d, a nine percent increase over 2014 guidance. With benchmark oil price volatility currently at elevated levels, Crescent Point's 2015 budget assumptions are conservative and disciplined. "In this [Read more]

Tuscany Reports Production Reached 1,000 BOEd in December 2014 and Updates Q4 2014 Drilling Program

CALGARY, ALBERTA--(Marketwired - Jan. 6, 2015) - Tuscany Energy Ltd. (TSX VENTURE:TUS) announces that in Q4 2014 the Company successfully completed the drilling of two horizontal heavy oil wells on the Company's north Macklin property in Saskatchewan and an initial horizontal heavy oil well on the Company's Morgan property in Alberta. At Macklin, the 91/1-33-39-28W3M well was placed on production in the first week of December and is producing at an estimated rate of 125 BOEd. The Macklin [Read more]

Petrolia Inc./Haldimand 4: Drilling is Completed

QUÉBEC CITY, QUEBEC--(Marketwired - Jan. 6, 2015) - Pétrolia (TSX VENTURE:PEA) is pleased to announce that the drilling phase of the Haldimand 4 well was completed on December 30th. The drilling was conducted within budget and in accordance with engineering projections. Drilling started on November 25th and was completed in 35 days, which met the predicted schedule. Haldimand 4 is a horizontal well, which was drilled without hydraulic fracturing, and has a total length of 2630 [Read more]

Crew Energy Announces 2015 Capital Budget Focused on Balance Sheet Strength and Long-Term Montney Growth

CALGARY, ALBERTA--(Marketwired - Jan. 6, 2015) - Crew Energy Inc. (TSX:CR) ("Crew" or the "Company") today announces that the Board of Directors has approved a 2015 capital program of up to $185 million, prudently structured to maintain Crew's strong balance sheet position while providing maximum flexibility for the continued development and growth of our core northeast British Columbia ("BC") Montney resource under a variety of commodity price scenarios. This capital budget is designed to [Read more]

Arsenal Energy Inc. Announces Trading of Common Shares in the U.S. on OTCQX(R) Under the Symbol AEYIF

CALGARY, ALBERTA--(Marketwired - Jan. 6, 2015) - Arsenal Energy Inc. ("Arsenal" or the "Company") (TSX:AEI)(OTCQX:AEYIF) announces that its common shares will commence trading on the OTCQX® marketplace in the U.S. effective January 6, 2015 under the symbol AEYIF. Arsenal is a junior oil and gas dividend paying company engaged in the exploration for, and development and production of natural gas and oil reserves primarily in Canada in Alberta and in the U.S. in North Dakota. Information [Read more]

Spartan Energy Corp. Exceeds 2014 Exit Production Target and Announces 2015 Capital Budget and Guidance

CALGARY, ALBERTA--(Marketwired - Jan. 6, 2015) - Spartan Energy Corp. ("Spartan" or the "Company") (TSX:SPE) is pleased to announce that, as a result of a successful fourth quarter drilling program, we exceeded our 2014 exit production guidance of 8,900 to 9,100 boe/d in early December. We expect our fourth quarter average production to exceed 8,700 boe/d and our 2014 annual average to exceed 5,850 boe/d, 3% above our guidance of 5,700 boe/d. December average production is approximately 9,300 [Read more]

Elkwater Resources Ltd. Provides an Operations Update and Announces First Quarter 2015 Capital Budget

CALGARY, ALBERTA--(Marketwired - Jan. 5, 2015) - Elkwater Resources Ltd. ("Elkwater" or the "Company") (TSX VENTURE:ELW) is pleased to provide an operations update and announce details of its first quarter 2015 capital budget. OPERATIONS UPDATE During the fourth quarter of 2014, the Company invested approximately $7.0 million in the drilling and development of its newly acquired properties in Drayton Valley and Killam, targeting light oil from the Cardium and Belly River zones, and medium [Read more]

Arcan Announces Filing of Debentureholder Meeting Materials

CALGARY, ALBERTA--(Marketwired - Jan. 5, 2015) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. Further to its press release of December 19, 2014, Arcan Resources Ltd. (TSX VENTURE:ARN) ("Arcan" or the "Company") announced today that it has commenced the mailing process, and filed its meeting materials ("Meeting Materials"), in respect of the upcoming meeting ("Meeting") of the holders ("Debentureholders") of its $86.25 million 6.25% [Read more]