BOE Report

Shoreline Energy Corp. Announces Amended and Restated Forbearance Agreement with Century Services

CALGARY, ALBERTA--(Marketwired - May 15, 2014) - Shoreline Energy Corp. (TSX:SEQ) and its wholly owned US subsidiary Shoreline Energy Holdings, Inc. (collectively "Shoreline" or the "Corporation") announces that it has entered into an amended and restated Forbearance Agreement with its senior secured lender, Century Services LP (the "Century Forbearance"). Subject to completion of a similar arrangement with its remaining secured lender in respect of its US Wattenburg working interest asset, [Read more]

Traverse Energy Announces 2014 First Quarter Results

CALGARY, ALBERTA--(Marketwired - May 15, 2014) - Traverse Energy Ltd. ("Traverse" or "the Company") (TSX VENTURE:TVL) presents financial and operating results for the three months ended March 31, 2014. Three Months Ended Highlights (unaudited) March 31, 2014 December 31, 2013 March 31, 2013 Financial ($ thousands, except per share amounts) Petroleum and natural gas revenue 4,535 4,055 2,761 Cash flow from operating [Read more]

Sinopec Canada Announces the Addition of a New Independent Director

CALGARY, AB, May 15, 2014 (Marketwired) -- Sinopec Canada is pleased to announce today the addition of Mr. Howard Balloch to its Board of Directors. Mr. Balloch until recently served as Chairman of Canaccord Genuity Asia Limited, following Canaccord's 2011 acquisition of The Balloch Group, the investment advisory and merchant banking firm founded by Mr. Balloch in 2001. He is a veteran Canadian diplomat, having served as Canada's ambassador to the People's Republic of China from 1996 to 2001 [Read more]

Crescent Point Energy Announces Closing of CanEra Energy Acquisition

CALGARY, ALBERTA--(Marketwired - May 15, 2014) - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG)(NYSE:CPG) is pleased to report that the previously announced acquisition (the "CanEra Acquisition") of CanEra Energy Corp. ("CanEra") closed today. With closing of the CanEra Acquisition, Crescent Point acquires a large Torquay land position at Flat Lake and conventional production in southeast Saskatchewan of approximately 10,000 boe/d. "This acquisition significantly [Read more]

DeeThree Exploration Ltd. Announces 2014 First Quarter Financial and Operating Results and Tenth Consecutive Quarter of Growth

CALGARY, ALBERTA--(Marketwired - May 15, 2014) - DEETHREE EXPLORATION LTD. ("DeeThree") ("Company") (TSX:DTX)(OTCQX:DTHRF) is pleased to release an operational update and its financial and operational results for the quarter ended March 31, 2014. FINANCIAL AND OPERATIONAL HIGHLIGHTS Financial and operational highlights for the interim period ended March 31, 2014 with comparative data for 2013 are set out below and should be read in conjunction with the financial statements and related [Read more]

Spartan Energy Corp. Announces First Quarter 2014 Operating and Financial Results and Upward Revision to Guidance

CALGARY, ALBERTA--(Marketwired - May 15, 2014) - Spartan Energy Corp. ("Spartan" or the "Company") (TSX VENTURE:SPE) is pleased to report its financial and operating results for the three months ended March 31, 2014. Selected financial and operational information is outlined below and should be read in conjunction with Spartan's interim financial statements and the related management discussion and analysis which are available for review at www.sedar.com. FINANCIAL AND OPERATING SUMMARY [Read more]

Questerre Energy Corporation: Montney Drilling to Accelerate in Second Half of 2014

CALGARY, ALBERTA--(Marketwired - May 15, 2014) - Questerre Energy Corporation ("Questerre" or the "Company") (TSX:QEC) (OSLO:QEC) reported today on its financial and operating results for the quarter ended March 31, 2014. Michael Binnion, President and Chief Executive Officer, commented, "In the quarter we began executing the Montney development plan to achieve our production target of 6,000 boe/d by the second half of 2015. Our first 100% well was spud in the quarter. It will be completed [Read more]

Waldron Energy Corporation Announces First Quarter 2014 Results and Operations Update

CALGARY, ALBERTA--(Marketwired - May 14, 2014) - Waldron Energy Corporation ("Waldron" or the "Corporation") (TSX:WDN) is pleased to announce its financial and operational results for the three months ended March 31, 2014. These reports are available for review at www.sedar.com and on the Corporation's website at www.waldronenergy.ca. Q1 2014 Highlights Funds from operations of $2.2 million ($0.04 per share or $0.16 per share annualized); Realized natural gas pricing of $6.04 per mcf, [Read more]

Delphi Energy Reports Record Quarterly Results

CALGARY, ALBERTA--(Marketwired - May 14, 2014) - Delphi Energy Corp. (TSX:DEE) ("Delphi" or the "Company") is pleased to announce record financial and operational results for the quarter ended March 31, 2014. First Quarter 2014 Highlights Increased production to a record average 10,302 barrels of oil equivalent per day ("boe/d") in the first quarter of 2014, an increase of 37 percent over the comparative quarter in 2013 and an increase of 15 percent over the fourth quarter of [Read more]

Terra Energy Releases First Quarter 2014 Results

CALGARY, ALBERTA--(Marketwired - May 14, 2014) - Terra Energy Corp. ("Terra" or the "Company") (TSX:TT) announces its financial and operating results for the three month period ended March 31, 2014. Copies of Terra's first quarter results may be obtained at www.sedar.com or www.terraenergy.ca. First Quarter 2014 Results Production averaged 3,539 boe/d and consisted of 83% natural gas with 17% oil and liquids. The Company generated revenues of $13.2 million compared to revenues of $11.5 [Read more]