BOE Report

Quattro Signs Purchase and Sale Agreement at Donalda, Alberta and Achieves Substantial Reserves Value Increase

CALGARY, ALBERTA--(Marketwired - May 14, 2014) - Quattro Exploration and Production Ltd. (TSX VENTURE:QXP) ("Quattro" or the "Company") is pleased to announce, following the completion of both the Milo and Donalda Acquisitions (Donalda by the end of May with a February 1 effective date), and the ongoing efforts of Quattro's operations team, that the Company has achieved the following milestones in the first quarter of 2014; Increased average production by 210 boe/d, 18 Bopd of oil and [Read more]

Birchcliff Energy Ltd. Announces 2014 Production Guidance, Record 2014 First Quarter Results and Operational Update

CALGARY, ALBERTA--(Marketwired - May 14, 2014) - Birchcliff Energy Ltd. ("Birchcliff") (TSX:BIR) is pleased to announce financial and operational results for the first quarter of 2014 with record production, cash flow and earnings, a continued decrease in per unit operating costs and 2014 production and cash flow guidance. The full 2014 First Quarter Report, containing the unaudited interim condensed financial statements for the three month period ended March 31, 2014 and the related [Read more]

Hemisphere Energy Closes $10 Million Bought Deal Equity Financing

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 14, 2014) - Hemisphere Energy Corporation ("Hemisphere" or the "Company") (TSX VENTURE:HME) is pleased to announce that it has closed the bought deal equity financing announced on April 25, 2014 (the "Offering"). The Company issued 13,333,500 common shares (the "Common Shares") at a price of $0.75 per Common Share for aggregate gross proceeds of $10,000,125. The Offering was underwritten by a syndicate of underwriters led by Canaccord Genuity [Read more]

Tourmaline Oil Corp. Increases Size of Bought Deal Flow-Through Financing

CALGARY, ALBERTA--(Marketwired - May 14, 2014) - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline") is pleased to announce that it has increased the size of its previously announced bought deal private placement flow-through common share offering with a syndicate of underwriters led by Peters & Co. Limited and including FirstEnergy Capital Corp., Scotia Capital Inc., CIBC World Markets Inc., National Bank Financial Inc., RBC Capital Markets and TD Securities Inc. Tourmaline will now issue [Read more]

Tourmaline Oil Corp. Enters Into Private Placement Bought Deal Flow-Through Financing

CALGARY, ALBERTA--(Marketwired - May 14, 2014) - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline") is pleased to announce that it has entered into a private placement flow-through common share financing agreement on a bought deal basis with a syndicate of underwriters led by Peters & Co. Limited and including FirstEnergy Capital Corp., Scotia Capital Inc., CIBC World Markets Inc., National Bank Financial Inc., RBC Capital Markets and TD Securities Inc. Tourmaline will issue 750,000 flow-through [Read more]

Altima Update Regarding Chambers Area Well and Pipeline Transfers

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 14, 2014) - Altima Resources Ltd. (TSX VENTURE:ARH)(FRANKFURT:AKC)(PINKSHEETS:ARSLF) announces that the Company has accepted the Transfer and Operatorship of three wells and two associated pipeline Licences from Unbridled Energy Corporation. The transfer is part of a process Altima has initiated to enable evaluating the on-stream potential of the subject wells. Altima holds an average Working Interest of 80.52% in the three wells being 90.34% in [Read more]

Chinook Energy Announces First Quarter 2014 Results and Provides an Operational Update

CALGARY, ALBERTA--(Marketwired - May 13, 2014) - Chinook Energy Inc. ("our", "we", "us" or "Chinook") (TSX:CKE) is pleased to announce its first quarter financial and operating results as well as provide an operational update. Operational and financial highlights for the three months ended March 31, 2014 are noted below and should be read in conjunction with our condensed consolidated financial statements for the three months ended March 31, 2014 and 2013 and related management's discussion [Read more]

Painted Pony Petroleum Announces Increased Production and Capital Budget, Increased Credit Facilities and First Quarter 2014 Financial and Operating Results

CALGARY, ALBERTA--(Marketwired - May 13, 2014) - Painted Pony Petroleum Ltd. ("Painted Pony" or the "Company") (TSX:PPY) is pleased to present its first quarter 2014 financial and operating results. In addition, Painted Pony announces an increase to its 2014 production forecast based on recent Montney natural gas well performance. The Company is also increasing its 2014 capital program in response to the improved outlook for natural gas prices combined with the forecast production increase. [Read more]

NuVista Energy Ltd. Announces First Quarter 2014 Results

CALGARY, ALBERTA--(Marketwired - May 13, 2014) - NuVista Energy Ltd. ("NuVista") (TSX:NVA) is pleased to announce results for the three months ended March 31, 2014 and provide an update on its future business plans. The first quarter has been an active one with record exploration and development spending for NuVista, and one where our key objectives have been advanced materially. Our first quarter drilling was focused mainly upon development of the condensate-rich Bilbo (South) block in [Read more]

Petro One Books Best Case Prospective Resource of 1.8 MMbbl Recoverable Oil

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 13, 2014) - Petro One Energy Corp. (TSX VENTURE:POP) (FRANKFURT:C6K1) is pleased to report that McDaniel and Associates Consultants Ltd. has provided an NI 51-101 prospective resource estimate of 2.48 MMbbl of recoverable oil high case (P90), 1.80 MMbbl bestcase (P50) and 1.125 MMbbl low case (P10) on its J5 Milton property, based on 45 horizontal drilling locations in the Viking. This is in addition to 124,800 bbl of proved plus probable reserves [Read more]