BOE Report

Gear Energy Announces $85 Million Asset Acquisition and Increased 2014 Capital Budget

CALGARY, ALBERTA--(Marketwired - April 24, 2014) - Gear Energy Ltd. ("Gear" or the "Company") (TSX:GXE) is pleased to announce today that it has entered into an agreement to acquire (the "Acquisition") heavy oil assets focused near the Company's core producing areas of Wildmere, Alberta and Maidstone, Saskatchewan (the "Assets"). The Assets include over 2,000 boe per day of high working interest, operated heavy gravity crude oil production (98 percent oil). The purchase price for the Assets is [Read more]

Canadian Oil Sands Reports Syncrude Coker Outage

CALGARY, ALBERTA--(Marketwired - April 24, 2014) - Canadian Oil Sands Limited ("COS") (TSX:COS) today announced that Syncrude has begun unplanned maintenance work on Coker 8-1. It is expected that this maintenance work will overlap the turnaround of Coker 8-2 scheduled for the second quarter. COS has revised its estimate for the annual Syncrude production range to 95 to 105 million barrels with a single point estimate of 100 million barrels for 2014. This equates to 35 to 38.6 million barrels [Read more]

RMP Energy Achieves Record Quarterly Production and Increases 2014 Production Guidance

CALGARY, ALBERTA--(Marketwired - April 24, 2014) - RMP Energy Inc. ("RMP" or the "Company") (TSX:RMP) is pleased to announce record average daily production for the first quarter of 2014 and increased fiscal 2014 production market guidance. First Quarter 2014 Production Update On March 1, 2014, RMP commissioned its expanded Ante Creek battery facility and commenced delivering light oil and associated natural gas into the downstream sales receipt point through its Ante Creek-to-Waskahigan [Read more]

Santonia Energy Inc. Announces Completion of Acquisition by Tourmaline Oil Corp.

CALGARY, ALBERTA--(Marketwired - April 24, 2014) - Santonia Energy Inc. (TSX:STE) ("Santonia") announces the completion of Tourmaline Oil Corp.'s ("Tourmaline") previously announced acquisition of all of the outstanding Santonia common shares pursuant to an arrangement under the Business Corporations Act (Alberta) (the "Arrangement"). Under the Arrangement, which was approved by Santonia shareholders by greater than a 99% majority, Santonia shareholders received 0.03012 of a Tourmaline common [Read more]

Tourmaline Closes the Acquisition of Santonia Energy, Increases Guidance and Updates EP Activities

CALGARY, ALBERTA--(Marketwired - April 24, 2014) - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to announce the completion of its previously announced acquisition of all of the outstanding common shares of Santonia Energy Inc. ("Santonia") pursuant to an arrangement (the "Arrangement") under the Business Corporations Act (Alberta). Under the Arrangement, which was approved by Santonia shareholders by greater than a 99% majority, Santonia shareholders received 0.03012 [Read more]

Hyperion Exploration Corp. Announces Fourth Quarter and Year Ended December 31, 2013 Financial Results and Operations Update

CALGARY, ALBERTA--(Marketwired - April 24, 2014) - Hyperion Exploration Corp. ("Hyperion" or the "Company") (TSX VENTURE:HYX) announces it has filed on SEDAR its audited annual financial statements, related Management's Discussion and Analysis ("MD&A) and Annual Information Form ("AIF") for the year ended December 31, 2013. The financial statements, MD&A and AIF will be available for review at www.sedar.com or www.hyperionexploration.com. Financial and Operational [Read more]

Strategic Oil & Gas Ltd. Provides Operations Update

CALGARY, ALBERTA--(Marketwired - April 23, 2014) - Strategic Oil & Gas Ltd. ("Strategic" or the "Company") (TSX VENTURE:SOG) is pleased to provide the following operations update. The Company has completed its 2014 winter drilling program, with a total of three new Muskeg Stack horizontal wells drilled. Corporate production averaged 4,016 boe/d for the week prior to bringing the latest Muskeg Stack well online. The following is an update of the three Muskeg stack wells drilled in the first [Read more]

Santonia Energy Inc. Announces Shareholder and Court Approvals of the Plan of Arrangement With Tourmaline Oil Corp.

CALGARY, ALBERTA--(Marketwired - April 23, 2014) - Santonia Energy Inc. ("Santonia") (TSX:STE) is pleased to announce that today it received shareholder and court approval for the previously announced plan of arrangement (the "Arrangement") pursuant to which Tourmaline Oil Corp. ("Tourmaline") will acquire all the issued and outstanding common shares of Santonia. Pursuant to the Arrangement, Santonia shareholders will receive 0.03012 of a common share of Tourmaline for each common share of [Read more]

Crescent Point Announces Strategic Torquay Consolidation Acquisition of CanEra Energy Corp. and Upwardly Revised 2014 Guidance

CALGARY, ALBERTA--(Marketwired - April 23, 2014) - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG)(NYSE:CPG) is pleased to announce that it has entered into an arrangement agreement (the "CanEra Arrangement") to acquire all of the issued and outstanding shares of CanEra Energy Corp. ("CanEra"), a privately held southeast Saskatchewan oil and gas producer with a large Torquay land position and production of approximately 10,000 boe/d (the "CanEra Assets"). Total [Read more]

Petrolia Completes Bought Deal Private Placement

QUÉBEC CITY, QUÉBEC--(Marketwired - April 23, 2014) - Not for distribution to U.S. newswire services or for dissemination in the United States Pétrolia (TSX VENTURE:PEA) (the "Company") is pleased to announce the closing of a bought deal private placement with a syndicate of underwriters led by Laurentian Bank Securities Inc. and including National Bank Financial Inc. (the "Underwriters") for the purchase of 4,000,000 common shares (the "Common Shares") of the [Read more]