BOE Report

Deep Well SAGD Steam Update

EDMONTON, ALBERTA--(Marketwired - May 6, 2014) - Deep Well Oil & Gas, Inc. (and its subsidiaries - "Deep Well" or "Company") (OTCQB:DWOG) wishes to announce that the SAGD steam plant and water handling facility is mechanically complete and has been turned over from the Construction Management Team to Operations for start-up. We have been informed by the operator that the first start-up steam circulation phase to establish communication between the injector well and the producer well is [Read more]

Cardinal Energy Announces First Quarter Results

CALGARY, ALBERTA--(Marketwired - May 5, 2014) - Cardinal Energy Ltd. ("Cardinal") (TSX:CJ) is pleased to announce its operating and financial results for the quarter ended March 31, 2014. Cardinal also announces that its unaudited interim financial statements and related Management's Discussion and Analysis for the quarter ended March 31, 2014 is available on the System for Electronic Analysis and Retrieval ("SEDAR") and on Cardinal's website at www.cardinalenergy.ca. Highlights [Read more]

Lightstream Announces First Quarter Production of 43,959 boepd and Funds Flow from Operations of $175 Million

CALGARY, ALBERTA--(Marketwired - May 5, 2014) - Lightstream Resources Ltd. (the "Company" or "Lightstream") (TSX:LTS) is pleased to announce our first quarter financial and operating results. FIRST QUARTER FINANCIAL & OPERATING HIGHLIGHTS First quarter production averaged 43,959 barrels of oil equivalent per day ("boepd") (80% light oil and liquids), a decrease of 3% from the fourth quarter of 2013 due to dispositions completed during the quarter of 1,700 boepd (66% gas [Read more]

Freehold Royalties Ltd. Closes Acquisition of Royalty Production and Mineral Title Lands

CALGARY, ALBERTA--(Marketwired - May 5, 2014) - Freehold Royalties Ltd. (Freehold) (TSX:FRU) announces that it has closed the previously announced acquisition involving royalty interests in southeast Saskatchewan and Manitoba (Vendor assets). Total consideration associated with the transaction was $111 million (before closing adjustments) with Freehold funding the deal through its existing bank credit line. In addition, as part of the transaction, Canpar Holdings Ltd., a wholly-owned [Read more]

Petrus Resources Ltd. Announces $40 Million Private Placement

CALGARY, ALBERTA--(Marketwired - May 5, 2014) - Petrus Resources Ltd. ("Petrus" or the "Company") is pleased to announce that it has entered into an agreement with a syndicate of agents led by RBC Dominion Securities Inc. as sole bookrunner and co-lead agent and GMP Securities L.P. as co-lead agent, and including Peters & Co. Limited, CIBC World Markets Inc. and Acumen Capital Finance Partners Limited (collectively, the "Agents") pursuant to which the Agents will offer up to 7,700,000 common [Read more]

Forent Energy Announces 2013 Financial and Operating Results and Filing of NI 51-101 Annual Reserve Report

CALGARY, ALBERTA--(Marketwired - May 5, 2014) - Forent Energy Ltd. (TSX VENTURE:FEN) ("Forent" or the "Company") is pleased to announce that it has filed its audited Financial Statements and Management's Discussion & Analysis, for the period ending December 31, 2013, with applicable securities regulatory authorities in Canada. Copies of these documents can be accessed under the Company's profile on the SEDAR website at www.sedar.com and on the Company's website www.forentenergy.com. In [Read more]

DeeThree Exploration Announces $70 Million Bought Deal, Acquisition of Over 70 Sections of Alberta Bakken Lands, Operations Update and Increase in Credit Facility

CALGARY, ALBERTA--(Marketwired - May 5, 2014) - DEETHREE EXPLORATION LTD. ("DeeThree" or the "Company") (TSX:DTX)(OTCQX:DTHRF) is pleased to announce that it has entered into an agreement, on a bought deal basis, with a syndicate of underwriters co-led by Cormark Securities Inc. and Macquarie Capital Markets Canada Ltd., including Raymond James Ltd., CIBC, Dundee Securities Ltd., TD Securities Inc., National Bank Financial Inc., and Desjardins Securities Inc., to purchase 5,410,000 common shares [Read more]

Altima Intends to Complete Equity Financing for $12,500,000 at a Premium to Market and Consolidate Share Capital on an 8:1 Basis

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 5, 2014) - Altima Resources Ltd. (TSX VENTURE:ARH) ("Altima" or the "Company") announces that it intends to complete a private placement for gross proceeds of $12,500,000 (the "Financing"), subject to acceptance by the TSX Venture Exchange. These funds will be raised by the issuance of 138,888,886 Units (the "Units") at a price of $0.09 per Unit (currently being a premium to the Company's market price), each Unit consisting of one common share and [Read more]

Border Announces Closing of Asset Sale

CALGARY, ALBERTA--(Marketwired - May 1, 2014) - Border Petroleum Limited ("Border" or the "Corporation") (TSX VENTURE:BOR) announces that, subject to final TSX Venture Exchange approval, it has completed an arm's length transaction pursuant to an Agreement of Purchase and Sale between the Corporation and a private limited partnership whereby the Corporation has divested of its Leduc assets in consideration for $1,800,000 in cash. Border also announces the termination of John Aihoshi's [Read more]

Bonavista Energy Corporation Announces 2014 First Quarter Results

CALGARY, ALBERTA--(Marketwired - May 1, 2014) - Bonavista Energy Corporation ("Bonavista") (TSX:BNP) is pleased to report to shareholders its condensed consolidated interim financial and operating results for the three months ended March 31, 2014. The unaudited financial statements and notes, as well as management's discussion and analysis, are available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com and on Bonavista's website at [Read more]