BOE Report

Enbridge Inc. Acquires Interest in $650 Million Value Wind Portfolio From E.ON

CALGARY, ALBERTA--(Marketwired - Nov. 28, 2014) - Enbridge Inc. (TSX:ENB)(NYSE:ENB) today announced a deal whereby the Company will purchase an 80 percent interest in a portfolio of two wind farms in the U.S. from E.ON, one of the world's largest investor-owned power and gas companies. The agreed enterprise value for the portfolio is approximately US$650 million. The 203 megawatt (MW) Magic Valley 1 wind farm located near Harligen, Texas and the 202 MW Wildcat 1 wind farm near Elwood, [Read more]

Arcan Delivers Solid Production, Reduced Operating Expenses and Completes Bank Line Review

CALGARY, ALBERTA--(Marketwired - Nov. 27, 2014) - Arcan Resources Ltd. (TSX VENTURE:ARN) ("Arcan" or the "Corporation") commenced its winter drilling program in the third quarter, reduced operating expenses and continued efforts to improve its debt position. "We are on track with our operating performance delivering average daily production of 3,924 barrels of oil equivalent (BOE) in the third quarter, which exceeded our quarterly guidance of 3,650 to 3,850 BOE per day." said Terry McCoy, [Read more]

First Mountain Exploration Inc. Announces Filing of Third Quarter Financial Results and New Personnel

CALGARY, ALBERTA--(Marketwired - Nov. 27, 2014) - First Mountain Exploration Inc. ("First Mountain" or the "Company") (TSX VENTURE:FMX) announces financial results for its third quarter ended September 30, 2014. The unaudited condensed interim financial statements and management's discussion & analysis ("MD&A") have been filed on SEDAR and can be viewed at www.sedar.com. HIGHLIGHTS The following represent the highlights of First Mountain's operations for the quarter ended September [Read more]

Groundstar Resources Limited Provides Corporate Update

CALGARY, ALBERTA--(Marketwired - Nov. 27, 2014) - NOT FOR DISTRIBUTION TO THE U.S.A. NEWSWIRE SERVICES OR FOR DISSEMINATION TO THE U.S.A. Groundstar Resources Limited (the "Company") (TSX VENTURE:GSA) announces that the Company has terminated the consulting services agreement with the personal holding company of Chad Dust and has appointed Murray Stodalka, P.Eng., as Chairman of the Board of Directors effective immediately. About Groundstar Resources Limited Incorporated in 1968, Groundstar [Read more]

Canadian Spirit Resources Inc. Announces Third Quarter 2014 Financial Results

CALGARY, ALBERTA--(Marketwired - Nov. 27, 2014) - Canadian Spirit Resources Inc. ("CSRI" or the "Corporation") (TSX VENTURE:SPI)(OTCBB:CSPUF) announces the release of its interim financial results and Management Discussion and Analysis ("MD&A") for the three and nine month periods ended September 30, 2014. This news release summarizes information contained in the unaudited interim condensed financial statements and MD&A for the three and nine month periods ended September 30, 2014 and [Read more]

International Frontier Resources Corporation: Third Quarter Results

CALGARY, ALBERTA--(Marketwired - Nov. 27, 2014) - International Frontier Resources Corporation (TSX VENTURE:IFR) ("IFR" or the "Company") today reported its financial results for the period ended September 30, 2014. The Company recorded a consolidated net loss of $40,175 ($0.001 per share) compared to a consolidated net loss of $29,025 ($0.001 per share) for the period ended September 30, 2013. In the third quarter oil revenue, net of royalties, was $262,305 compared to $241,035 in Q3, 2013. [Read more]

Forent Energy – Operational Update & Third Quarter 2014 Results

CALGARY, ALBERTA--(Marketwired - Nov. 27, 2014) - Forent Energy Ltd. (TSX VENTURE:FEN) is pleased to provide an operational update and to announce that it has filed its Interim Financial Statements and MD&A for the three and nine months ended September 30, 2014, on SEDAR and its website. Q3 2014 HIGHLIGHTS Third quarter production averaged 221 boe per day, an increase of 28% over the second quarter; Third quarter revenues, net of royalties, exceeded $1.0 million, an increase of 36% [Read more]

Tuscany Announces Final Closing of Private Placement

CALGARY, ALBERTA--(Marketwired - Nov. 27, 2014) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES Tuscany Energy Ltd. ("Tuscany" or the "Corporation") (TSX VENTURE:TUS) is pleased to announce that it has closed the final tranche of its previously announced non-brokered private placement (the "Private Placement") of common shares of the Corporation issued on a flow-through basis in respect of Canadian development expenses (the "CDE FT Shares"). In this tranche, the Corporation has [Read more]

Bonterra Energy Corp. Enters Into An Agreement with Canada Revenue Agency With Regard to Its Conversion From A Trust To A Corporation

CALGARY, ALBERTA--(Marketwired - Nov. 27, 2014) - Bonterra Energy Corp. ("Bonterra" or "the Company") (TSX:BNE) announces that it has resolved issues with Canada Revenue Agency ("CRA") relating to CRA's objection to the tax consequences of the conversion of Bonterra's income trust structure into a business corporation. This will result in: No cash outlay by the Company for the taxation years 2009 to 2013 and reduced cash outlays for subsequent periods; A charge in the statement of [Read more]

Blackbird Energy Inc. Announces Upsizing of Previously Announced Private Placement of Flow-Through Shares

CALGARY, ALBERTA--(Marketwired - Nov. 27, 2014) - Blackbird Energy Inc. (TSX VENTURE:BBI) ("Blackbird" or the "Company") is pleased to announce an increase to the previously announced non-brokered flow-through share private placement (the "Private Placement") to 16,231,446 shares at a price of $0.45 per flow-through share for gross proceeds of $7.30 million. The available proceeds from the Private Placement will be used by the Company to incur eligible Canadian Exploration Expense ("CEE"). [Read more]