BOE Report

Anderson Energy Announces 2014 First Quarter Results

CALGARY, ALBERTA--(Marketwired - May 13, 2014) - Anderson Energy Ltd. ("Anderson" or the "Company") (TSX:AXL) announces its operating and financial results for the first quarter ended March 31, 2014. HIGHLIGHTS The average initial production rate over the first 30 days for the seven Cardium horizontal light oil wells drilled in the winter program was 459 BOED per well. Production in the first quarter of 2014 was 2,958 BOED of which 39% was oil and NGL compared to 2,112 BOED (26% oil and [Read more]

Kelt Reports Financial and Operating Results for the Three Months Ended March 31, 2014

CALGARY, ALBERTA--(Marketwired - May 13, 2014) - Kelt Exploration Ltd. ("Kelt" or the "Company") (TSX:KEL) has released its financial and operating results for the three months ended March 31, 2014. The Company's financial results are summarized as follows: (CA$ thousands, except as otherwise indicated) Q1 2014 Q4 2013 Q1 2013 Revenue, before royalties and financial instruments 47,793 18,543 3,865 Funds from [Read more]

Crocotta Energy Announces Q1 2014 Financial and Operating Results

CALGARY, ALBERTA--(Marketwired - May 13, 2014) - CROCOTTA ENERGY INC. (TSX:CTA) is pleased to announce its financial and operating results for the three months ended March 31, 2014, including condensed interim consolidated financial statements, notes to the condensed interim consolidated financial statements, and Management's Discussion and Analysis. All dollar figures are Canadian dollars unless otherwise noted. HIGHLIGHTS Increased funds from operations 68% to $28.8 million in Q1 2014 [Read more]

Encana’s Strong First-Quarter 2014 Results Demonstrate Swift Progress of Company Strategy

CALGARY, ALBERTA--(Marketwired - May 13, 2014) - Encana Corporation (TSX:ECA)(NYSE:ECA) - Encana reported a successful first quarter of 2014 highlighted by solid operational performance and strong financial results, demonstrating that the company is hitting its stride with the execution of its new strategy. During the quarter, Encana generated cash flow of approximately $1.1 billion or $1.48 per share, an 87 percent increase on a per share basis compared to the first quarter of 2013; net [Read more]

Rock Energy Inc. Achieves Record Production, Increases Capital Spending and Guidance for 2014, and Reports First Quarter Results

CALGARY, ALBERTA--(Marketwired - May 12, 2014) - Rock Energy Inc. (TSX:RE) ("Rock" or the "Company") is pleased to report its financial and operating results for the three months ended March 31, 2014. Rock is a Calgary- based crude oil exploration, development and production company. Rock has filed its unaudited condensed interim Consolidated Financial Statements for the period ended March 31, 2014 and related Management's Discussion and Analysis ("MD&A"). Copies of Rock's materials may be [Read more]

Baytex Increases Offer Price for Aurora

CALGARY, ALBERTA--(Marketwired - May 12, 2014) - Baytex Energy Corp. ("Baytex") (TSX:BTE)(NYSE:BTE) announces that it is increasing the consideration payable for Aurora Oil & Gas Limited ("Aurora") to A$4.20 (Australian dollars) per share (from A$4.10 per share). In addition, Baytex announces that Harbour Advisors (a business unit of CI Investments Inc.) and Stirling Global Value Fund Inc., together holding approximately 17.4 percent of the issued and outstanding Aurora shares, have stated [Read more]

Pengrowth Reports Solid First Quarter Results and Provides Update on Lindbergh Thermal Project

CALGARY, ALBERTA--(Marketwired - May 12, 2014) - Pengrowth Energy Corporation (TSX:PGF) (NYSE:PGH) today released its financial and operating results for the three month period ended March 31, 2014. During the first quarter, Pengrowth generated strong production, strong funds flow from operations and continued to provide shareholders with a stable dividend. First quarter 2014 funds flow from operations of approximately $140 million ($0.27 per share) increased 32 percent compared to the fourth [Read more]

Encana Completes Sale of Its Jonah Field Operations in Wyoming for $1.8 Billion

CALGARY, ALBERTA--(Marketwired - May 12, 2014) - Encana Corporation (Encana) (TSX:ECA)(NYSE:ECA) announced today that its wholly-owned subsidiary, Encana Oil & Gas (USA) Inc., has completed the previously announced sale of certain natural gas properties in the Jonah field located in Sublette County, Wyoming to an affiliate of TPG Capital, for a purchase price of approximately US$1.8 billion. Encana Corporation Encana is a leading North American energy producer that is focused on [Read more]

Arcan Increased Production, Funds From Operations and Lowered Costs in First Quarter of 2014

CALGARY, ALBERTA--(Marketwired - May 12, 2014) - Arcan Resources Ltd. (TSX VENTURE:ARN) ("Arcan" or the "Corporation") increased production in the first quarter of 2014 by approximately seven percent, generated a 51 percent increase in funds from operations and reduced costs, as compared to the fourth quarter of 2013. "The results from the first quarter 2014 are reflective of our ongoing improvements in production, cost management and capital efficiencies" said Chief Executive Officer Terry [Read more]

Canadian Natural Resources Limited Announces 2014 First Quarter Results

CALGARY, ALBERTA--(Marketwired - May 8, 2014) - Canadian Natural Resources Limited (TSX:CNQ) (NYSE:CNQ) Commenting on first quarter results, Steve Laut, President of Canadian Natural stated, "Canadian Natural had a solid start to the year, with consistent organic growth in North America production as expected. North America E&P crude oil and NGLs production grew by 5% over the previous quarter. Subsequent to the quarter the acquisition of certain assets closed, the integration of people is [Read more]