BOE Report

Canadian Spirit Resources Inc. Announces First Quarter 2014 Financial Results

CALGARY, ALBERTA--(Marketwired - May 29, 2014) - Canadian Spirit Resources Inc. ("CSRI" or the "Corporation") (TSX VENTURE:SPI) (OTCBB:CSPUF) announces the release of its interim financial results and Management Discussion and Analysis ("MD&A") for the three month period ended March 31, 2014. This news release summarizes information contained in the unaudited interim condensed financial statements and MD&A for the three month period ended March 31, 2014 and should not be considered a [Read more]

Baytex Announces Pricing of Upsized US$800 Million Private Placement Offering of Senior Notes

CALGARY, ALBERTA--(Marketwired - May 29, 2014) - Baytex Energy Corp. ("Baytex") (TSX:BTE) (NYSE:BTE) announced today the pricing of its previously announced offering of senior notes due 2021 (the "2021 Notes") and 2024 (the "2024 Notes" and, together with the 2021 Notes, the "Notes") in a private placement offering (the "offering") in an aggregate principal amount of US$800 million (upsized from US$780 million). The 2021 Notes will be issued at par in an aggregate principal amount of US$400 [Read more]

Magnum Announces Non-Brokered Private Placement

CALGARY, ALBERTA--(Marketwired - May 29, 2014) - MAGNUM ENERGY INC. ("Magnum" or the "Corporation") (TSX VENTURE:MEN) Magnum announced today that further to its original financing announcement on May 28, 2014, the company will also make the offer to subscribe for new capital available to existing shareholders, who can avail themselves of the offer under a new prospectus exemption process as set out in BC Instrument 45-534. The information required in terms of BC Instrument 45-534 is set out [Read more]

PrairieSky Royalty Completes Initial Public Offering

CALGARY, ALBERTA--(Marketwired - May 29, 2014) - Encana Corporation ("Encana") (TSX:ECA)(NYSE:ECA) and PrairieSky Royalty Ltd. ("PrairieSky") (TSX:PSK) announced today the completion of the initial public offering of 52,000,000 common shares of PrairieSky (the "Offering") at an offering price of $28.00 (the "Offering Price"). The Offering was conducted by way of a secondary offering by Encana, and Encana received aggregate gross proceeds of approximately $1.46 billion. The Offering was made [Read more]

Tuscany Announces Significant Increases in Revenue, Cash Flow and Production for Q1 2014

CALGARY, ALBERTA--(Marketwired - May 29, 2014) - Tuscany Energy Ltd. (TSX VENTURE:TUS) is pleased to report significant increases in production revenue, cash flow and production volumes for the first quarter ended March 31, 2014 from those of the first quarter of the prior year. Production revenues increased to $4.1 million in 2014 from $1.3 million in the prior year. Cash flow totaled $1.8 million or 9 cents per share compared with $0.3 million or 2 cents per share in 2013. Corporate [Read more]

Hyperion Exploration Corp. Announces First Quarter Results and Operations Update

CALGARY, ALBERTA--(Marketwired - May 29, 2014) - Hyperion Exploration Corp. ("Hyperion" or the "Company") (TSX VENTURE:HYX) announces it has filed on SEDAR its unaudited condensed interim financial statements and related Management's Discussion and Analysis ("MD&A) for the three months ended March 31, 2014. The financial statements and MD&A will be available for review at www.sedar.com or www.hyperionexploration.com. Financial and Operational Highlights Completed the disposition [Read more]

Anterra Energy Announces First Quarter 2014 Financial and Operating Results

CALGARY, ALBERTA--(Marketwired - May 28, 2014) - Anterra Energy Inc. ("Anterra" or the "Company") (TSX VENTURE:AE.A)(OTCQX:ATERF) announced its financial and operating results for the three months ended March 31, 2014. Selected information as outlined below and should be read in conjunction with the Company's unaudited financial statements and related management discussion and analysis available on the Company's website at www.anterraenergy.com or on SEDAR at www.sedar.com. "Our results for [Read more]

Report Projects 98,000 Jobs to Be Generated in Oil Sands Construction, Maintenance and Operations in the Decade Ahead

CALGARY, ALBERTA--(Marketwired - May 28, 2014) - A new report reveals that an estimated 98,000 oil sands construction, maintenance and operations jobs will be generated over the next decade, a projection that further confirms the oil sands sector as a key economic and employment driver for Canada. Released today, the Oil Sands Construction, Maintenance and Operations Labour Demand Outlook to 2023, takes a unique approach to assess demands for skilled workers by presenting data and insights [Read more]

Hemisphere Energy Announces Increased 2014 Drilling Plans

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 28, 2014) - Hemisphere Energy Corporation (TSX VENTURE:HME) ("Hemisphere" or the "Company") is pleased to announce its expanded capital expenditure plans for the remainder of 2014 as a result of the recently closed $10 million financing. Hemisphere plans to drill up to 10 additional wells in the remainder of 2014, bringing the total for the year up to 13 wells. The Company will also optimize, workover and recomplete a number of existing wells, [Read more]

Magnum Announces Non-Brokered Private Placement

CALGARY, ALBERTA--(Marketwired - May 28, 2014) - MAGNUM ENERGY INC. ("Magnum" or the "Corporation") (TSX VENTURE:MEN) Magnum announces that the company has arranged a non-brokered private placement of up to 10 million units at a purchase price of 5 cents per unit for aggregate gross proceeds to Magnum of up to $500,000. PRIVATE PLACEMENT Each unit will consist of one common share of Magnum Energy Inc. and one non-transferable share purchase warrant. Each whole warrant will entitle the [Read more]