BOE Report

Painted Pony Announces Three Senior Appointments to Support Its Continued Growth and Retirement of Officer

CALGARY, ALBERTA--(Marketwired - Oct. 9, 2014) - Painted Pony Petroleum Ltd. ("Painted Pony") (TSX:PPY) is pleased to announce three senior appointments to support Painted Pony's continued growth as a Western Canadian natural gas and natural gas liquids company focused on the Montney formation in northeast British Columbia. Painted Pony also announces the retirement of an officer of the company. SENIOR APPOINTMENTS Stuart Jaggard, Vice-President & Controller. Mr. Jaggard has joined the [Read more]

Manitok Energy Inc. Provides a Drilling and Operational Update

CALGARY, ALBERTA--(Marketwired - Oct. 9, 2014) - Manitok Energy Inc. (the "Corporation" or "Manitok") (TSX VENTURE:MEI) is pleased to provide a drilling and operational update at Entice and Cordel-Stolberg. Entice Manitok has drilled a horizontal well at 3-9-23-25W4, testing the lower Basal Quartz ("BQ") formation in the southern end of the Entice field. This is the third well of a planned 10 well horizontal drilling program at Entice where Manitok has a 100% working interest. A [Read more]

Petrus Resources Ltd. Announces Closing of Acquisition and Debt Financing and Appointment of Director

CALGARY, ALBERTA--(Marketwired - Oct. 8, 2014) - Petrus Resources Ltd. ("Petrus" or the "Company") is pleased to announce that it has completed its previously announced take-over of Ravenwood Energy Corp. ("Ravenwood"), closed a new term loan facility and amended and restated credit facility and appointed a new director. Ravenwood Acquisition Petrus is pleased to announce that 99.7% of the issued and outstanding common shares ("Ravenwood Shares") of Ravenwood were tendered pursuant to [Read more]

Hemisphere Energy Appoints New Director

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 8, 2014) - Hemisphere Energy Corporation (TSX VENTURE:HME) is pleased to announce the appointment of Mr. Richard Wyman to the Board of Directors effective October 7, 2014, subject to regulatory approval. With over 30 years' experience, Mr. Wyman began his career as a reservoir engineer with Esso Resources Canada Ltd. in Calgary prior to becoming a corporate finance associate with Wood Gundy in London. He returned to Canada and became an analyst [Read more]

Petro One Private Placements Closed / Preparations for Drilling Commenced

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 8, 2014) - Petro One Energy Corp. (TSX VENTURE:POP) is pleased to report that it has closed its non-brokered private placements announced on July 28, 2014 ("PP#1") and August 5, 2014 ("PP#2"). On closing, on October 7, 2014, the Company issued a total of 13,043,371 units (each a "Unit") at the price of $0.25 per Unit to raise gross proceeds of $3,260,842.75. Each Unit was comprised of one common share and one share purchase warrant entitling the [Read more]

Encana Reaches Agreement to Sell Clearwater Assets to Ember Resources for $605 Million

CALGARY, AB --(Marketwired - October 08, 2014) - Encana Corporation (TSX: ECA) (NYSE: ECA) announced today that it has reached an agreement with Ember Resources Inc. (Ember) to sell the majority of its Clearwater assets, located in southern and central Alberta, for approximately C$605 million. The sale includes about 1.2 million net acres of land and over 6,800 producing wells with second quarter average production of approximately 180 million cubic feet equivalent per day (mmcfe/d) of natural [Read more]

Zargon Oil & Gas Ltd. Provides Capital Budget Updates, A Little Bow ASP Flood Project Update and Revises Production Guidance

CALGARY, ALBERTA--(Marketwired - Oct. 8, 2014) - Zargon Oil & Gas Ltd. (TSX:ZAR)(TSX:ZAR.DB) ("Zargon") announces its 2015 capital budget and provides a Little Bow Alkaline Surfactant Polymer ("ASP") tertiary flood project update. Capital Budgets Zargon's 2015 budget has been set at $46 million and includes $13 million of Little Bow ASP chemical costs, $2 million of phase 1 optimization costs, $6 million of Little Bow ASP phase 2 development costs, plus $25 million of conventional [Read more]

Peyto Exploration and Development Corp. Increases 2014 Capital Program and Confirms Fourth Quarter 2014 Dividends

CALGARY, ALBERTA--(Marketwired - Oct. 7, 2014) - Peyto Exploration & Development Corp. ("Peyto" or "the Company") (TSX:PEY) is pleased to announce that current production has already exceeded the previous year-end target of 81,500 boe/d, while capital expenditures to the end of September are estimated at $520 million, below the $625 million capital budget previously forecast to achieve that production target. As well, the Oldman North gas plant expansion is now finished and fully [Read more]

Arcan Commences Winter Drilling Program

CALGARY, ALBERTA--(Marketwired - Oct. 7, 2014) - Arcan Resources Ltd. (TSX VENTURE:ARN) ("Arcan" or the "Corporation") has commenced its winter drilling program and intends to spud its first well by the end of this week. The Corporation plans on drilling and completing up to nine wells this season, the first two being joint interest wells with a partner in Morse River and Deer Mountain West. Arcan then expects to move the rig to Ethel and will be targeting prospects in proximity to the four [Read more]

Blackbird Energy Inc. Announces High Impact Multi-Well Drill Program Targeting Both Upper and Middle Montney and Non-Brokered Financing Upsize

CALGARY, ALBERTA--(Marketwired - Oct. 7, 2014) - Blackbird Energy Inc. ("Blackbird" or the "Company") (TSX VENTURE:BBI) is pleased to announce a high impact multi-well drill program targeting both the Upper and Middle Montney. The first well, which Blackbird has received its licence for, will target the Middle Montney at Elmworth (100% working interest). The first well will be spud from surface location 14-14-70-07W6 with a vertical depth of approximately 2,330 meters and a lateral length of [Read more]