BOE Report

Lightstream Announces Operational Update and Buy Back of US$44 Million of High Yield Unsecured Senior Notes

CALGARY, ALBERTA--(Marketwired - July 15, 2014) - Lightstream Resources Ltd. ("Lightstream" or the "Company") (TSX:LTS), is pleased to provide an operational update following the end of the second quarter and announce the buy back of US$44 million principal amount of our outstanding high yield Senior Notes. OPERATIONAL UPDATE Production for the second quarter of 2014 averaged 42,500 boepd based on field estimates (80% light-oil and liquids weighting), in line with first quarter 2014 [Read more]

Waldron Energy Corporation Announces Private Placement Financing

CALGARY, ALBERTA--(Marketwired - July 11, 2014) - Waldron Energy Corporation ("Waldron" or the "Corporation") (TSX:WDN) announces that it will enter into subscription agreements regarding a non‐brokered private placement for gross proceeds of approximately $1.5 million, representing a maximum of approximately 4,600,000 common shares issued on a flow‐through basis ("Flow‐Through Shares") at $0.33 per share. Waldron will use the proceeds from the sale of the Flow‐Through Shares on eligible [Read more]

Inter Pipeline Announces Major Expansion of Mid-Saskatchewan Pipeline System

CALGARY, ALBERTA--(Marketwired - July 10, 2014) - Inter Pipeline Ltd. ("Inter Pipeline") (TSX:IPL) announced today the execution of binding commercial agreements supporting a $100 million expansion of its Mid-Saskatchewan pipeline system. In aggregate, the new agreements are expected to generate approximately $25 million to $30 million in incremental EBITDA on an annual basis. Five oil producers have entered into ship or pay contracts to backstop the project with terms ranging from 4 to 10 [Read more]

Bonavista Energy Corporation Announces Closing of Bought Deal Financing and Ansell Area Asset Acquisition

CALGARY, ALBERTA--(Marketwired - July 10, 2014) - Bonavista Energy Corporation ("Bonavista") (TSX:BNP) is pleased to announce that it has completed its previously announced bought deal financing for gross proceeds of approximately $201 million (the "Offering"). Pursuant to the Offering, Bonavista, through a syndicate of underwriters led by CIBC and including RBC Capital Markets, Scotiabank, TD Securities Inc., BMO Capital Markets, National Bank Financial Inc., Peters & Co. Limited, AltaCorp [Read more]

Tuscany Announces Increase in Size of Offering to $3.0 Million and Filing of Final Prospectus

CALGARY, ALBERTA--(Marketwired - July 10, 2014) - Tuscany Energy Ltd. ("Tuscany" or the "Corporation") (TSX VENTURE:TUS) is pleased to announce that it has filed and received a receipt for its final short form prospectus in connection with its previously announced public offering of units ("Units") and common shares ("Common Shares") of the Corporation to be issued on a flow-through basis in respect of Canadian development expenses (the "CDE FT Shares") at a price of $0.40 per Unit or CDE FT [Read more]

Elkwater Resources Ltd. Announces Closing of Recapitalization and Appointment of New Management Team

CALGARY, ALBERTA--(Marketwired - July 10, 2014) - Elkwater Resources Ltd. (TSX VENTURE:ELW) ("Elkwater" or the "Corporation") is pleased to announce that it has received the written consent of a majority of its shareholders to: (i) its previously announced non-brokered private placement of $25 million (the "Private Placement"); and (ii) the appointment of a new management team and board of directors (collectively, the "New Management Team"). Elkwater is also pleased to announce that it has [Read more]

PanTerra Enters Into Agreement to Acquire Gas Assets in the Northern Alberta Foothills

CALGARY, ALBERTA--(Marketwired - July 9, 2014) - PanTerra Resource Corp. ("PanTerra" or the "Corporation") (TSX VENTURE:PRC) is pleased to announce that it has entered into a purchase and sale agreement with an arm's length industry participant (the "Purchase and Sale Agreement") to acquire (the "Acquisition") certain natural gas assets located in the Western Canadian foothills areas of Copton and Narraway, Alberta (the "Assets"), effective as of June 1, 2014, for a purchase price of $2.4 [Read more]

Yoho Resources Inc. Announces Successful Duvernay Drilling at Kaybob, Alberta

CALGARY, ALBERTA--(Marketwired - July 9, 2014) - Yoho Resources Inc. ("Yoho" or the "Company") (TSX VENTURE:YO) is pleased to provide an update of Duvernay drilling and completion operations at Kaybob, Alberta. Kaybob, Alberta Yoho operated the drilling and completion of one well, and participated in the drilling and completion of a second well in the Company's Duvernay program at Kaybob, Alberta. The first well located at 16-04-62-21 W5 (50% working interest) was drilled to a measured [Read more]

Paramount Resources Ltd. Completes Previously Announced Equity Offerings for Gross Proceeds of Approximately $350 Million

CALGARY, ALBERTA--(Marketwired - July 9, 2014) - Paramount Resources Ltd. (TSX:POU) ("Paramount") has completed its previously announced public offering of 4,600,000 Class A Common Shares (the "Common Shares") at a price of $60.00 per share for gross proceeds of $276,000,000 and 900,000 Class A Common Shares issued on a "flow-through" basis in respect of Canadian exploration expenses (the "Flow-Through Shares") at a price of $74.40 per share for gross proceeds of $66,960,000. Both the Common [Read more]

Harvest Operations Announces Changes to the Executive Team and Appointment of Director

CALGARY, ALBERTA--(Marketwired - July 8, 2014) - Harvest Operations Corp. (Harvest or the Company) on behalf of the Board of Directors announces that Mr. Myunghuhn Yi has tendered his resignation as President and Chief Executive Officer, effective July 1, 2014. Mr. Yi will continue on the Board of Harvest as a non-executive director until July 31, 2014. The Board has appointed Mr. Kyungluck Sohn as President and Chief Executive Officer. Mr. Sohn is currently a director on the Harvest Board. [Read more]