BOE Report

Vital Energy Inc.: Core Project Areas – Status Update

CALGARY, ALBERTA--(Marketwired - Dec. 23, 2014) - Vital Energy Inc. ("Vital" or the "Corporation") (TSX VENTURE:VUX) announces: The recent Gull Lake Area, S.W. Saskatchewan Project vertical development wells located at 4-5-14-19 W3M and 15-32-13-19 W3M have both been on production for over 30 days. Both wells are producing medium gravity oil from the Roseray formation. Stabilized production rates from the wells are approximately 100 barrels of oil per day. Vital announces that 11-32-13-19 [Read more]

Toro Announces Closing of $5.8 Million Bought Deal Private Placement Equity Financing

CALGARY, ALBERTA--(Marketwired - Dec. 23, 2014) - Toro Oil & Gas Ltd. (TSX VENTURE:TOO) ("Toro" or the "Company") is pleased to announce the closing of the previously announced bought deal private placement and the issuance of an aggregate of 5,094,500 common shares (including 664,500 common shares issued pursuant to the exercise of the option of the Underwriters (as defined herein)) on a flow-through basis in respect of Canadian Exploration Expenses (the "Flow-Through Shares"), at a price [Read more]

Canamax Announces Drilling Success at Wapiti and Flood

CALGARY, AB--(Marketwired - December 23, 2014) - NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICACanamax Energy Ltd. ("Canamax" or the "Company") (TSX VENTURE: CAC) is pleased to announce results of the Company's recent drilling program as well as an update on the infrastructure build at Flood.Drilling Results During September through early December, Canamax successfully drilled and completed one (net 0.7) horizontal Cardium oil well at Wapiti and six (net 6.0) vertical Montney oil wells [Read more]

Leucrotta Exploration Inc. Announces Grant of Incentive Stock Options

CALGARY, ALBERTA--(Marketwired - Dec. 23, 2014) - Leucrotta Exploration Inc. (the "Corporation") (TSX VENTURE:LXE) announces that its board of directors approved the granting of incentive stock options ("Options") under its stock option plan to certain of its directors and officers to acquire up to an aggregate of 3,495,000 common shares ("Common Shares") of the Corporation and the granting of Options to certain of its employees and consultants to acquire up to an aggregate of 1,177,000 Common [Read more]

Ithaca Energy Inc. Organisation Changes 23 December 2014

ABERDEEN, UNITED KINGDOM--(Marketwired - Dec 23, 2014) - Ithaca Energy Inc. (TSX: IAE) (LSE: IAE) Not for Distribution to U.S. Newswire Services or for Dissemination in the United States Ithaca Energy Inc. Organisation Changes 23 December 2014 Ithaca Energy Inc. (TSX: IAE, LSE AIM: IAE) (the "Company") is pleased to announce the appointment of Mr Roy Buchan as Chief Operations Officer, starting 5 January 2015. Mr Buchan has over 30 years of [Read more]

Encana Unlocks Value From Montney Midstream Assets With Innovative Sale Agreement

CALGARY, AB--(Marketwired - December 22, 2014) - Encana Corporation (TSX: ECA) (NYSE: ECA) Encana Corporation ("Encana") announced today it has reached an agreement with Veresen Midstream Limited Partnership ("Veresen Midstream"), a 50/50 limited partnership of Veresen Inc. and affiliates of Kohlberg Kravis Roberts & Co. L.P. ("KKR"), under which Encana and Cutbank Ridge Partnership ("CRP"), a partnership between Encana and Cutbank Dawson Gas Resources Ltd., a subsidiary of Mitsubishi [Read more]

Touchstone Announces Signing of East Brighton Exploration License

CALGARY, ALBERTA--(Marketwired - Dec. 22, 2014) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP) is pleased to announce that it has signed an Exploration and Production License for the East Brighton Block (the "License") in the Republic of Trinidad and Tobago. The License is for an initial six year term, with the option to extend a further twenty-five years upon commercial discovery. The licensed area is a contiguous block directly adjacent to the Brighton Marine field [Read more]

Veresen Announces the Formation of Veresen Midstream with KKR and a $5 Billion Midstream Expansion for Encana and Mitsubishi

CALGARY, ALBERTA--(Marketwired - Dec. 22, 2014) - Veresen Inc. ("Veresen") (TSX:VSN) is pleased to announce the formation of a new entity, Veresen Midstream Limited Partnership ("Veresen Midstream"), which will be owned equally by Veresen and affiliates of Kohlberg Kravis Roberts & Co. L.P. ("KKR"), a global investment firm. Veresen Midstream has entered into definitive agreements to acquire certain natural gas gathering and compression assets supporting Montney development in the Dawson [Read more]

AltaGas Ltd. Delivers COD Certificate for Its 16 MW Volcano Creek Hydroelectric Facility

CALGARY, ALBERTA--(Marketwired - Dec. 22, 2014) - AltaGas Ltd. ("AltaGas") (TSX:ALA) today announced that the 16 megawatt (MW) Volcano Creek run-of-river hydroelectric facility has successfully completed the 72 hour period of testing required to achieve the commercial operation date (COD) pursuant to the 60-year, fully indexed Electricity Purchase Agreement (EPA) with BC Hydro. A certificate of COD has been delivered to BC Hydro. "This is the last milestone for completing Volcano Creek [Read more]

Zargon Oil & Gas Ltd. Announces the Closing of the Hamilton Lake Property Sale, Revises 2015 Capital Budget and Dividends and Provides an ASP Project Update

CALGARY, ALBERTA--(Marketwired - Dec. 22, 2014) - Zargon Oil & Gas Ltd. (TSX:ZAR)(TSX:ZAR.DB) ("Zargon" or the "Company") announces measures to enhance its financial position, during what is expected to be a challenging 2015 price environment, through a completed Hamilton Lake property sale, a reduced 2015 conventional capital budget and effective January 2015, a reduced dividend of $0.03 per common share per month. Production guidance and a Little Bow Alkaline Surfactant Polymer ("ASP") [Read more]