BOE Report

Spyglass Resources Corp. Provides Details on Dixonville Pipeline Incident

CALGARY, ALBERTA--(Marketwired - June 27, 2014) -Spyglass Resources Corp. ("Spyglass", or the "Company") (TSX:SGL)(OTCQX:SGLRF) announces that on June 26th in the Dixonville area of Northern Alberta a leak occurred on an emulsion pipeline that carries a mixture of oil and water. Spyglass personnel immediately shut-in the pipelines, contained the incident to within the surface lease and notified the Alberta Energy Regulator ("AER"). It is estimated that less than 10 cubic meters of fluid with [Read more]

Relentless Resources Announces Increase to and Completion of Financing and Completion of Peace River Arch Asset Acquisition

CALGARY, ALBERTA--(Marketwired - June 27, 2014) - Relentless Resources Ltd. ("Relentless" or the "Company") (TSX VENTURE:RRL) is pleased to announced an increase to the common share component by $750,000 and completion of its previously announced non-brokered private placement. The Company issued 4,166,666 common shares on a "flow through" basis ("FT Shares") at $0.24 per FT Share and 13,750,000 common shares ("Common Shares") at $0.20 per Common Share for aggregate gross proceeds of $3.75 [Read more]

Hyperion Exploration Corp. Announces Revision to Bank Line

CALGARY, ALBERTA--(Marketwired - June 27, 2014) - Hyperion Exploration Corp. ("Hyperion" or the "Company") (TSX VENTURE:HYX) announces, as a result of the scheduled lending review with its credit provider, the lending limit of the revolving operating facility will be revised to $28.0 million from $30.0 million. Hyperion remains committed to debt reduction, while pursuing options to create value for our shareholders. The Company will not be utilizing additional debt to acquire assets in the near [Read more]

Tuscany Announces Filing of Preliminary Prospectus and $2.5 Million Offering

CALGARY, ALBERTA--(Marketwired - June 27, 2014) - Tuscany Energy Ltd. ("Tuscany" or the "Corporation") (TSX VENTURE:TUS) announces that it has filed and received a receipt for a preliminary short form prospectus in connection with a public offering of up to 6,250,000 units ("Units") and 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 Share, as applicable, for aggregate [Read more]

Canadian Spirit Resources Inc. Exercise of Warrants Brings Recent Funding Total to $7.8 Million

CALGARY, ALBERTA--(Marketwired - June 27, 2014) - Canadian Spirit Resources Inc. ("CSRI" or the "Corporation") (TSX VENTURE:SPI) (OTCBB:CSPUF) is pleased to announce that 5,775,901 of the share purchase warrants issued December 20, 2013, with an expiry term of twelve months have been exercised at a price of $0.30 per warrant for total proceeds of $1.7 million. Combined with the closing of two recent private placements announced on June 4th and June 19th, the Corporation has raised total gross [Read more]

PanTerra Announces Closing of $130 Million Bought Deal Financing of Subscription Receipts

CALGARY, ALBERTA--(Marketwired - June 27, 2014) - PanTerra Resource Corp. ("PanTerra" or the "Corporation") (TSX VENTURE:PRC) is pleased to announce that it has closed its previously announced bought deal financing of subscription receipts of the Corporation (the "Subscription Receipts") with a syndicate of underwriters co-led by Desjardins Capital Markets and TD Securities Inc. (together, the "Co-Lead Underwriters") and including Raymond James Ltd., Beacon Securities Limited, Haywood Securities [Read more]

Encana Reaches Agreement to Sell Bighorn Assets to Jupiter Resources for Approximately US$1.8 Billion

CALGARY, AB--(Marketwired - June 27, 2014) - Encana has reached an agreement with Calgary, Alberta-based Jupiter Resources to sell its Bighorn assets for approximately US$1.8 billion (C$2.0 billion). "This transaction advances our strategy by unlocking value from our portfolio as we focus on developing our core growth plays and extracting additional value from our base assets," says Doug Suttles, Encana President & CEO. "Bighorn is a high quality asset that has not been receiving [Read more]

Hemisphere Energy Acquires Additional Land in Atlee Buffalo

VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 26, 2014) - Hemisphere Energy Corporation ("Hemisphere" or the "Company") (TSX VENTURE:HME) announces that it has entered in to an agreement to acquire certain petroleum and natural gas leases in the Atlee Buffalo area of southeast Alberta. The property includes an 85% working interest in 1.75 sections (1120 acres) of land adjacent to Hemisphere's existing landbase. Total consideration for the acquisition is $510,000. The transaction is [Read more]

First Mountain Exploration Ltd. Announces Proposed Sale of Assets

CALGARY, ALBERTA--(Marketwired - June 26, 2014) - First Mountain Exploration Ltd. ("First Mountain" or the "Company") (TSX VENTURE:FMX) announces that it has entered into an arm's length transaction to sell certain petroleum and natural gas leases located in the Atlee Buffalo area of Alberta to an arm's length oil and gas producing company (the "Purchaser") for an aggregate purchase price of CDN$510,000 (the "Transaction"). The net proceeds from the Transaction will be added to the working [Read more]

Donnycreek Announces Third Quarter Results & Field Operations Update

CALGARY, ALBERTA--(Marketwired - June 26, 2014) - Donnycreek Energy Inc. ("Donnycreek" or the "Company") (TSX VENTURE:DCK) reports that it has filed its condensed interim financial statements and related Management's Discussion and Analysis ("MD&A") for the three and nine months ended April 30, 2014 with 2013 comparatives on SEDAR. Selected financial and operational information is outlined below and should be read in conjunction with Donnycreek's condensed interim financial statements for [Read more]