BOE Report

Shoreline Energy Corp. Announces the Closing of Sale of Certain Assets

CALGARY, ALBERTA--(Marketwired - Aug. 8, 2014) - Shoreline Energy Corp. (TSX:SEQ) ("Shoreline" or the "Corporation") is pleased to announce that it has closed the sale of its interests in certain petroleum and natural gas properties (excluding royalty interests), wells and infrastructure located within the Valhalla and Progress Property boundaries in the Greater Peace River Arch area and associated Valhalla and Progress petroleum and natural gas assets for total proceeds of $20.8 million, as [Read more]

Strata Oil Engages Firm to Assist in Drill-Program Permitting for Cold Production Targets

PEACE RIVER, ALBERTA--(Marketwired - Aug. 8, 2014) - Strata Oil & Gas Inc. ("Strata" or the "Company") (OTCQB:SOIGF) announced today that it has engaged Lorrnel Consultants to assist in the planning and permitting of a drilling program on Strata's 100%-owned Cadotte/Cadotte-West lease blocks in the Peace River region of Alberta. Lorrnel Consultants ("Lornell") will be assisting Strata in submitting an Oil Sands Exploration plan ("OSE") to the Crown prior to the coming winter drilling [Read more]

Long Run Exploration Ltd. Announces 2014 Second Quarter Results

CALGARY, ALBERTA--(Marketwired - Aug. 7, 2014) - LONG RUN EXPLORATION LTD. (TSX:LRE) ("Long Run" or the "Company") is pleased to announce our second quarter financial and operational results. These results are on track to meet 2014 guidance in our first year operating under the dividend plus growth model. The Company remains focused on a long-term sustainable business plan. SECOND QUARTER 2014 HIGHLIGHTS Generated funds flow from operations of $73.4 million ($0.54 per share), an 8% per [Read more]

Crew Energy Announces Second Quarter 2014 Financial and Operating Results

CALGARY, ALBERTA--(Marketwired - Aug. 7, 2014) - Crew Energy Inc. ("Crew" or the "Company") (TSX:CR) of Calgary, Alberta is pleased to present its operating and financial results for the three and six month period ended June 30, 2014. Q2 Highlights: Successfully closed the previously announced disposition of certain producing petroleum and natural gas assets in Alberta (the "Alberta Gas Disposition") reducing debt by $95.8 million from year end 2013 and enabling Crew to sharpen its focus [Read more]

Pine Cliff Completes Acquisition of Carrot Creek/Edson Area Oil and Natural Gas Assets

CALGARY, ALBERTA--(Marketwired - Aug. 7, 2014) - Pine Cliff Energy Ltd. ("Pine Cliff") (TSX VENTURE:PNE) is pleased to announce that the previously announced acquisition of oil and natural gas assets in one of its core areas of Carrot Creek/Edson in the Province of Alberta for cash consideration of $33.25 million, prior to adjustments, has closed. Pine Cliff now has a combined asset base production profile of over 7,000 barrels of oil equivalent ("Boe") per day, weighted approximately 92% [Read more]

Pengrowth Continues to Deliver Positive Cardium and Lindbergh Results. Lindbergh Construction is Close to Completion

CALGARY, ALBERTA--(Marketwired - Aug. 7, 2014) - Pengrowth Energy Corporation (TSX:PGF) (NYSE:PGH) releases its financial and operating results for the three and six month periods ended June 30, 2014. "The second quarter marks another milestone in Pengrowth's transition to sustainable growth with excellent progress on our Lindbergh and Cardium projects. We continue to consistently deliver on what we said we would do," said Derek Evans, President and Chief Executive Officer of Pengrowth. [Read more]

Arsenal Energy Inc. Announces 2014 Second Quarter Results and Increase in Quarterly Dividend

CALGARY, ALBERTA--(Marketwired - Aug. 7, 2014) - Arsenal Energy Inc. ("Arsenal") (TSX:AEI)(PINKSHEETS:AEYIF) is pleased to release its 2014 Q2 financial and operational results. Cash flow for the second quarter was $11.6 million or $.72/share, a 14% increase from 2013 Q2. The Board of Directors has declared a 7.7% increase in the quarterly dividend to $.07 per common share. This increase is the second increase in the dividend so far in 2014 and is consistent with Arsenal's dividend policy of [Read more]

Lightstream Announces Funds Flow From Operations of $177 Million and Update to 2014 Guidance

CALGARY, ALBERTA--(Marketwired - Aug. 7, 2014) - Lightstream Resources Ltd. (the "Company" or "Lightstream") (TSX:LTS) is pleased to announce our second quarter financial and provide operating results and an update to the capital program of 2014. SECOND QUARTER FINANCIAL & OPERATING HIGHLIGHTS Second quarter production averaged 42,513 barrels of oil equivalent per day ("boepd") (80% light oil and liquids), a slight decrease from the first quarter of 2014 due to dispositions and [Read more]

Canadian Natural Resources Limited Announces 2014 Second Quarter Results

CALGARY, ALBERTA--(Marketwired - Aug. 7, 2014) - Canadian Natural Resources Limited (TSX:CNQ) (NYSE:CNQ) Commenting on second quarter results, Steve Laut, President of Canadian Natural stated, "Canadian Natural's first half of the year was solid. We have effectively executed on our strategy and have grown production both organically and with the successful integration of acquired assets. As a result, Canadian Natural delivered record quarterly total liquids production, which included record [Read more]