BOE Report

CaiTerra International Energy Corporation Announces Closing of Third Tranche of Previously Announced Private Placement Financing

CALGARY, ALBERTA--(Marketwired - Jan. 5, 2015) - CaiTerra International Energy Corporation (the "Company") (TSX VENTURE:CTI) announces that it has closed the third tranche of its previously announced private placement financing of common and flow-through shares and has issued an aggregate of 240,000 common shares of the Company on a "flow-through" basis pursuant to the Income Tax Act (Canada) ("Flow-Through Shares") at a price of $0.25 per Flow-Through Share for aggregate proceeds of [Read more]

Tourmaline Exceeds 2014 Production Exit Guidance and Closes Peace River High Joint Venture Deal

CALGARY, AB--(Marketwired - January 05, 2015) - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to provide an update on year end 2014; The Company achieved a 2014 production exit of 151,000 boepd and remains on track to meet or exceed 2015 average production guidance of 164,500 boepd (approximately 40% higher than 2014 average production on the current, reduced 2015 capital program of $1.4 billion). Tourmaline expects to tie-in and start up approximately 90 new [Read more]

Questerre Targets Conservative Capital Program for 2015

CALGARY, ALBERTA--(Marketwired - Jan. 2, 2015) - Questerre Energy Corporation ("Questerre" or the "Company") (TSX:QEC)(OSLO:QEC) reported today on its preliminary plans for 2015. Michael Binnion, President and Chief Executive Officer of Questerre, commented, "Our goals for this year are to maintain a strong balance sheet and finance our capital program primarily with cash flow and, to a lesser extent, our credit facilities. In 2015, we expect to generate positive cash flow from operations [Read more]

Tamarack Valley Energy Ltd. Announces a Record 2014 Exit Production Rate of 9,700 boe/d and Temporary Oil Battery Curtailment

CALGARY, ALBERTA--(Marketwired - Jan. 2, 2015) - Tamarack Valley Energy Ltd. (TSX VENTURE:TVE) ("Tamarack" or the "Company") is pleased to announce that a successful second half 2014 drilling program in the Wilson Creek area contributed to a record exit production rate averaging approximately 9,700 boe/d (based on field estimates) during the last 14 days of December, 2014, exceeding its exit production target of 9,500 boe/d. All 10.9 net wells drilled in the fourth quarter were brought on [Read more]

Groundstar Resources Limited Announces Closing of Previously Announced Non-Brokered Private Placement Financing

CALGARY, ALBERTA--(Marketwired - Jan. 2, 2015) - Groundstar Resources Limited (TSX VENTURE:GSA) (the "Company") is pleased to announce that it has closed its previously announced financing through the issuance of 5,750,000 common shares in the capital of the Company issued on a "flow-through" basis within the meaning of the Income Tax Act (Canada) (the "Flow-Through Shares") at a price of $0.10 per Flow-Through Share by way of a non-brokered private placement for total gross proceeds of $575, [Read more]

Bonterra Energy Corp. Confirms Cash Dividend for December 2014 Payable January 30, 2015

CALGARY, ALBERTA--(Marketwired - Jan. 2, 2015) - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) announces that the December 2014 monthly cash dividend will be $0.30 per share and will be paid on January 30, 2015. The record date for the dividend is January 15, 2015 and the ex-dividend date is January 13, 2015. The dividend is paid monthly and is subject to commodity prices and production levels. The dividend is considered an "eligible dividend" for tax purposes. [Read more]

TransCanada Lists Series 2 Preferred Shares

CALGARY, ALBERTA--(Marketwired - Dec. 31, 2014) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada or the Corporation) announced today that 12,501,577 of its 22,000,000 fixed rate Cumulative Redeemable First Preferred Shares, Series 1 (Series 1 Shares) were tendered for conversion today, on a one-for-one basis into floating-rate Cumulative Redeemable First Preferred Shares, Series 2 (Series 2 Shares). As a result of the conversion TransCanada has 9,498,423 Series 1 Shares and 12,501,577 [Read more]

American Eagle Energy Announces Operations and Guidance Update

DENVER, CO--(Marketwired - December 31, 2014) - American Eagle Energy Corporation (NYSE MKT: AMZG) ("American Eagle" or the "Company"), announces an operations update and production guidance for the fourth quarter ending December 31, 2014 and capital spending guidance for 2015.Commodity Hedges Sold for $13.0 MillionThe Company recently monetized all of its crude oil hedge positions for December 2014 through December 2015, generating proceeds of $13.0 million. The hedges represented [Read more]

Shoreline Energy Corp. Provides Update to Debenture Holders

CALGARY, ALBERTA--(Marketwired - Dec. 30, 2014) - Shoreline Energy Corp. (TSX:SEQ) ("Shoreline" or the "Corporation") announces that it will not make the December 31, 2014 interest payment to holders (the "Debentureholders") of the Corporation's convertible debentures (the "Debentures"). The board of directors of the Corporation intends to make a proposal to the Debentureholders in the first quarter of 2015 for the purpose of facilitating the Corporation's restructuring and strategic corporate [Read more]