BOE Report

Kallisto Announces Flow-Through Share Private Placement and Shareholder Approval of Resolution Permitting Change of Control

CALGARY, ALBERTA--(Marketwired - June 26, 2014) - Kallisto Energy Corp. (TSX VENTURE:KEC) ("Kallisto" or the "Company") announces that it intends apply to the TSX Venture Exchange for approval to complete a non-brokered private placement of up to 14,285,714 Flow Through Common Shares (the "Flow Through Shares") at a price of $0.07 per Flow Through Share for gross proceeds of up to $1,000,000 with a minimum offering of $500,000. It is expected that insiders of the Company will subscribe for up to [Read more]

Paramount Provides Operational Update and Announces Equity Offerings Totaling $350 Million

CALGARY, ALBERTA--(Marketwired - June 26, 2014) - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX:POU) is pleased to announce: Commissioning of the Company's wholly-owned 200 MMcf/d Musreau Deep Cut Facility is complete. The facility has been handed over to Paramount's operations team and final start-up activities are underway to begin delivering sales volumes. The Company is expanding the development of its liquids-rich Montney lands in the Kaybob area. To provide [Read more]

Chinook Energy Announces Appointment of Vice President, Finance and Chief Financial Officer

CALGARY, ALBERTA--(Marketwired - June 26, 2014) - Chinook Energy Inc. (TSX:CKE) ("Chinook") is pleased to announce the appointment of Jason Dranchuk as Vice President, Finance and Chief Financial Officer of Chinook effective July 14, 2014. Since 2010, Mr. Dranchuk was the Vice President, Finance and Chief Financial Officer of Zargon Oil & Gas Ltd. (a publicly traded oil and gas exploitation company). From 2002 to 2010, Mr. Dranchuk held the Vice President, Finance and Controller positions [Read more]

Canada Energy Partners Option to Purchase Montney Rights Exercised and Reduction of Capital

VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 26, 2014) - Canada Energy Partners Inc. (TSX VENTURE:CE) (the "Company") is pleased to announce that an undisclosed party (the "Purchaser") has exercised its option to purchase the Company's Montney shale lands and wells in accordance with the Option to Purchase Agreement previously announced by the Company on April 1, 2014 (the "Sale Transaction"), subject to the amendments described below. Concurrently with the exercise of the option, the [Read more]

Bonterra Energy Corp. Announces Increased Cash Dividend Payable for July 31, 2014 and an Increase to the 2014 Capital Budget

CALGARY, ALBERTA--(Marketwired - June 25, 2014) - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) is pleased to announce that the Board of Directors has approved an increase to the monthly dividend from $0.29 per share to $0.30 per share ($3.60 per share annually) beginning with the June dividend payable July 31, 2014. The dividend is considered an "eligible dividend" for tax purposes. The Board has also approved an increase to the 2014 capital expenditure budget from $120 million to [Read more]

Freehold Royalties Ltd. Enters Into $120 Million Gross Overriding Royalty Joint Venture and Announces Equity Financing

CALGARY, ALBERTA--(Marketwired - June 25, 2014) - Freehold Royalties Ltd. (Freehold or the Company) (TSX:FRU) announced it has entered into a $120 million strategic joint venture (the Joint Venture) with a Canadian based company (JV Partner) in the East Edson area of Alberta (the JV Area). New Joint Venture highlights: Freehold assumes a priority share of production through the creation of a gross overriding royalty (GORR) Joint Venture. Commencing on the anticipated closing date of July [Read more]

Second Quarter Surprises Drillers, Prompts Upward Revision to CAODC’s 2014 Forecast

CALGARY, ALBERTA--(Marketwired - June 25, 2014) - The Canadian Association of Oilwell Drilling Contractors (CAODC) has updated its 2014 Drilling Activity Forecast. The spring update is when the Association reflects on first quarter activity - the time of year when industry is busiest - and weighs emerging trends that may impact the rest of the year. But when the CAODC Forecasting Committee met last month, it was the strength of second quarter activity that swayed the conversation. "This [Read more]

Crescent Point Announces Closing of A Private Placement of Notes

CALGARY, ALBERTA--(Marketwired - June 24, 2014) -Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG)(NYSE:CPG) is pleased to announce that it has closed a private placement of long-term debt in the form of senior guaranteed notes to a group of institutional investors. The notes issued pursuant to the private placement are unsecured and rank equally with Crescent Point's obligations under its bank facilities. In total, US$310 million and CDN$40 million was raised through [Read more]

Pengrowth Announces Doubling of Value of 2P Reserves at Lindbergh from $1.0 Billion to $2.2 Billion

CALGARY, ALBERTA--(Marketwired - June 24, 2014) - Pengrowth Energy Corporation (TSX:PGF)(NYSE:PGH) today announced that GLJ Petroleum Consultants Ltd. (GLJ) has provided an update of bitumen reserves and contingent resources for its Lindbergh project. GLJ has attributed 101.0 MMbbl of 1P reserves and 229.7 MMbbl of 2P reserves to the Lindbergh project. The additional proved reserves at Lindbergh represent an increase of 24 percent from December 31, 2013, while 2P reserves increased by 61 [Read more]

Altima Testing Chambers 5-35-41-11 W5M Well and Completing Pipeline and Production Facility

CALGARY, ALBERTA--(Marketwired - June 24, 2014) - Altima Resources Ltd. (TSX VENTURE:ARH)(FRANKFURT:AKC)(PINKSHEETS:ARSLF) announces that the Altima Chambers 5-35-41-11 W5M well (5-35 well) completed fracture stimulation operations on June 19, 2014. Three separate fracture stimulations treatments were conducted on five formations, and all flowed back gas and liquids. Operations are continuing to mill out plugs and commingle all zones, run production tubing, and perform a flow and build up test [Read more]