BOE Report

Spyglass Resources Corp. Announces Management Appointment

CALGARY, ALBERTA--(Marketwired - July 29, 2014) - Spyglass Resources Corp. ("Spyglass", or the "Company") (TSX:SGL)(OTCQX:SGLRF) announces that effective July 31, 2014, Bob Guy, Vice President of Production and Operations will be leaving the organization. The Company is pleased to announce that Brad Likuski has been promoted to Vice President, Production. Mr. Likuski is a professional engineer with 24 years of experience operating oil and natural gas properties across the Western Canadian [Read more]

Talisman Energy Second Quarter Results

CALGARY, ALBERTA--(Marketwired - July 29, 2014) - Talisman Energy Inc. (TSX:TLM) (NYSE:TLM) reported its operating and unaudited financial results for the second quarter of 2014. All values are in US$ unless otherwise stated. "During the past two years we have focused our efforts and capital on a strong portfolio of long life assets in our Americas and Asia-Pacific core regions," said Hal Kvisle, President and CEO. "We have invested to grow production and cash flow1 from our best assets, [Read more]

Petro One Announces Drilling Joint Venture

VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 28, 2014) - Petro One Energy Corp. (TSX VENTURE:POP)(PINKSHEETS:CUDBF)(FRANKFURT:C6K1) has entered into a Program Earning and Joint Venture Agreement (the "Agreement") with Korea Myanmar Development Corporation ("KMDC") which provides for a $4,000,000 private placement financing ("PP#1") and a $14,000,000 funding (the "Phase 1 Funding") to drill up to 11 oil wells on certain of the Company's oil and natural gas leases in Saskatchewan and Manitoba [Read more]

CaiTerra International Energy Corporation Announces Purchase of Undeveloped Oil and Gas Leases in Alberta

VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 28, 2014) - CaiTerra International Energy Corporation (TSX VENTURE:CTI) ("Caiterra" or the "Company"), announces that, subject to regulatory approvals, the Company has entered into an agreement on July 25, 2014 to acquire an undivided 100% beneficial interest in and to a total of 135.68 square kilometers of oil and gas leases located in northern and central Alberta. The agreement was reached between the Company and BowRiver Development Canada Ltd. [Read more]

Zargon Oil & Gas Ltd. Discusses Alberta Energy’s Enhanced Oil Recovery Royalty Changes and Provides a Little Bow ASP Flood Project Update

CALGARY, ALBERTA--(Marketwired - July 28, 2014) - Zargon Oil & Gas Ltd. (TSX:ZAR)(TSX:ZAR.DB) ("Zargon") reports that the revisions to the Enhanced Oil Recovery ("EOR") royalty program announced last week by Alberta Energy will have a positive impact on the economics of Zargon's Alkaline Surfactant Polymer ("ASP") enhanced oil recovery project at Little Bow in Southern Alberta. Zargon is currently reviewing the details of Alberta's modified EOR Crown royalty program (see announcement at [Read more]

Strategic Oil & Gas Ltd. Announces Successful Start to Summer Drilling Program

CALGARY, ALBERTA--(Marketwired - July 28, 2014) - Strategic Oil & Gas Ltd. ("Strategic" or the "Company") (TSX VENTURE:SOG) today announced its first horizontal Muskeg well post spring break-up. The Muskeg well 11-24 produced at an average test rate of 545 boe/d (77% oil) over the first seven days. Costs to drill and complete the well were $3.9 million, representing a 25% decrease when compared to the Company's average well costs in the play. Gurpreet Sawhney, Strategic's President and [Read more]

Questerre Updates Montney Activities

CALGARY, ALBERTA--(Marketwired - July 28, 2014) - Questerre Energy Corporation ("Questerre" or the "Company") (TSX:QEC)(OSLO:QEC) updated its operated and joint venture activities in the Kakwa-Resthaven area of Alberta. Michael Binnion, President and Chief Executive Officer, commented, "Over the next several weeks, we expect to see the results from five important Montney wells. The completion of the 16-07 Well in Kakwa South is underway and this should prove up the condensate rates on our [Read more]

Hyperion Exploration Corp. Announces Appointment of Chief Financial Officer

CALGARY, ALBERTA--(Marketwired - July 25, 2014) - Hyperion Exploration Corp. ("Hyperion" or the "Company") (TSX VENTURE:HYX) is pleased to announce that Mr. William (Bill) Cromb has been appointed as Chief Financial Officer of the Company effective July 14, 2014. Mr. Cromb is an experienced financial executive with over 30 years of varied finance experience. He is a Chartered Accountant with a background including reporting, financings, treasury, risk management, mergers and acquisitions and [Read more]

Shoreline Energy Corp. Announces Sale of Certain Royalty Interests for Total Proceeds of Nine Million Dollars

CALGARY, ALBERTA--(Marketwired - July 25, 2014) - Shoreline Energy Corp. (TSX:SEQ) ("Shoreline" or the "Corporation") is pleased to announce that it has entered into a purchase and sale agreement (the "Agreement") to sell its royalty interests in its Canadian land base to PrairieSky Royalty Ltd. (TSX:PSK) ("PrairieSky") for total gross proceeds of $9 million (the "Transaction"). The Agreement contains customary closing conditions and the Transaction is expected to close in early August, [Read more]

Delphi Energy Provides Operations Update

CALGARY, ALBERTA--(Marketwired - July 24, 2014) - Delphi Energy Corp. ("Delphi" or the "Company") (TSX:DEE) is pleased to provide the following operations update. BIGSTONE MONTNEY Delphi has completed and tested its eighth and ninth horizontal Montney wells utilizing 30 stage slickwater hybrid completions. The 8-21-60-22 W5M ("8-21") and 2-7-60-22 W5M ("2-7") Montney wells were drilled from a common surface pad. The 8-21 well was drilled to a total depth of 5,580 metres [Read more]