BOE Report

Petro One Books 124,800 bbl Reserves at J5 Milton

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 8, 2014) - Petro One Energy Corp. (TSX VENTURE:POP)(PINKSHEETS:CUDBF) (FRANKFURT:C6K1) and Goldstrike Resources Ltd. (TSX VENTURE:GSR) (PINKSHEETS:APRAF) (FRANKFURT:KCG1) are pleased to report that based on existing production from two vertical wells, McDaniel and Associates Consultants Ltd. has estimated Petro One's gross proved plus probable NI 51-101 reserves on Section 15 of its J5 Milton Saskatchewan property at 124,800 bbl of light Viking [Read more]

Edge Resources Inc. Announces Major Increase in Year-End Reserves and Provides an Operational Update

CALGARY, ALBERTA--(Marketwired - May 8, 2014) - Edge Resources Inc. ("Edge" or the "Company") (TSX VENTURE:EDE)(AIM:EDG) is very pleased to have finalized its year-end NI 51-101 reserve report*, which has resulted in a large increase to its year-end reserves. The Company also provides an operational update. Year End Reserves The value of Edge's Proved + Probable ("P+P") reserves increased by 44% to $129.0 million ($0.79/share), effective March 31 2014 from $89.4 million, one year earlier. [Read more]

Crescent Point Energy Announces First Quarter 2014 Results and Upwardly Revised 2014 Guidance for Production and Funds Flow From Operations

CALGARY, ALBERTA--(Marketwired - May 8, 2014) - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG)(NYSE:CPG) is pleased to announce its operating and financial results for the quarter ended March 31, 2014. The Company also announces that its unaudited financial statements and management's discussion and analysis for the quarter ended March 31, 2014, will be available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com, on EDGAR at [Read more]

Southern Pacific Announces Financial and Operational Results for the Quarter Ended March 31, 2014

CALGARY, ALBERTA--(Marketwired - May 7, 2014) - Southern Pacific Resource Corp. ("Southern Pacific" or the "Company") (TSX:STP) today announced its financial and operational results for the quarter ended March 31, 2014 ("Q3 2014"). HIGHLIGHTS: Total Company production, which includes bitumen production from STP-McKay Phase 1 and heavy oil from STP-Senlac, averaged 4,071 barrels per day ("bbl/d") for the three months ended March 31, 2014; On March 31, 2014, the Company raised CAD$150 [Read more]

Suncor Energy reports employee fatality at its Oil Sands site

FORT MCMURRAY, ALBERTA--(Marketwired - May 7, 2014) - Suncor Energy regretfully reports an employee was the victim of a bear attack this afternoon at our Oil Sands base plant approximately 25 kilometres north of Fort McMurray. The employee was pronounced deceased on the scene. The RCMP along with Alberta Environment and Sustainable Resource Development (AESRD) - Fish and Wildlife Division responded to the scene and the animal was put down. "We are shocked by this very unusual incident and [Read more]

Trilogy Energy Corp. Announces Financial and Operating Results for the Three Months-Ended March 31, 2014 and Webcast of the Annual Meeting of Shareholders

CALGARY, ALBERTA--(Marketwired - May 7, 2014) - Trilogy Energy Corp. (TSX:TET) ("Trilogy") is pleased to announce its financial and operating results for the three months-end March 31, 2014 and webcast of the annual meeting of shareholders. Financial and Operating Highlights Reported sales volumes for the first quarter of 2014 were 33,135 Boe/d as compared to 33,561 Boe/d for the previous quarter. First quarter natural gas liquids sales volumes increased 9 percent to 5,518 Boe/d from [Read more]

Enbridge CEO Sees Opportunities in Changing Energy Landscape

CALGARY, ALBERTA--(Marketwired - May 7, 2014) - Enbridge Inc. (TSX:ENB) (NYSE:ENB) is well positioned to respond to an evolving energy landscape, President and Chief Executive Officer Al Monaco told shareholders during Enbridge's annual general meeting today in Calgary. Growing global demand for energy and increased North American supply have stretched existing energy infrastructure and are driving the need for new pipeline capacity to coastal markets, Mr. Monaco said. "North America needs [Read more]

Raging River Exploration Inc. Announces First Quarter Operating and Financial Results, Increased 2014 Guidance and Expanded Credit Facilities

CALGARY, ALBERTA--(Marketwired - May 7, 2014) - Raging River Exploration Inc. (the "Company" or "Raging River") (TSX:RRX) announces its operating and financial results for the three months ended March 31, 2014. Selected financial and operational information is outlined below and should be read in conjunction with the unaudited interim financial statements and the related management, discussion and analysis ("MD&A"). These filings will be available at www.sedar.com and the Company's website [Read more]

Crew Energy Inc. Announces First Quarter 2014 Financial and Operating Results and Updates Its Montney Resource Evaluation

CALGARY, ALBERTA--(Marketwired - May 7, 2014) - Crew Energy Inc. ("Crew" or the "Company") (TSX:CR) of Calgary, Alberta is pleased to present its operating and financial results for the three month period ended March 31, 2014. Highlights Funds from operations in the first quarter increased 52% over the first quarter of 2013 and 8% over the prior quarter to $51.8 million while the funds from operations netback increased by 40%; Funds from operations per diluted share increased 50% over [Read more]

Tourmaline Enjoys Record Cash Flow and Earnings in the First Quarter of 2014

CALGARY, ALBERTA--(Marketwired - May 7, 2014) - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to announce record financial and operating results for the first quarter of 2014. Highlights Record cash flow(1) of $252.6 million in the first quarter of 2014, a 117% increase over first quarter 2013 cash flow of $116.6 million. First quarter 2014 earnings of $89.9 million, a 72% increase over first quarter of 2013. Record first quarter 2014 average production of [Read more]