BOE Report

Gear Energy Ltd. Announces Closing of $63.5 Million Bought Deal Equity Financing

CALGARY, ALBERTA--(Marketwired - March 28, 2014) - Gear Energy Ltd. ("Gear" or the "Company") (TSX:GXE) is pleased to announce that it has closed its previously announced bought deal offering of common shares of Gear ("Common Shares"). Pursuant to the offering, the Company issued 15,875,000 Common Shares (including an upsize of 1,500,000 Common Shares from the original offering and 1,875,000 Common Shares issued pursuant to the exercise in full of the over-allotment option granted to the [Read more]

Questerre Targets Production of 6,000 Boe/d by Mid-Late 2015

CALGARY, ALBERTA--(Marketwired - March 28, 2014) - Questerre Energy Corporation ("Questerre" or the "Company") (TSX:QEC)(OSLO:QEC) reported today on its financial and operating results for the year ended December 31, 2013. Michael Binnion, President and Chief Executive Officer, commented, "We had a very good year focused on building our new core area in the Montney. Following our discovery well in mid-2012, we aggressively acquired a land position to give us the scale needed for development. [Read more]

Cardinal Energy Ltd. 2013 Year End Reserves Results and Drilling Update

CALGARY, ALBERTA--(Marketwired - March 27, 2014) - Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX:CJ) is pleased to report its year end 2013 reserves results and to provide an update of the production results from its first two horizontal wells in Bantry. Reserve Highlights Year over year, proved developed producing reserves increased to 12,500 Mboe (86% oil) an increase of 67% per fully diluted share. Total proved reserves increased to 13,748 Mboe (86% oil) or 79% per fully [Read more]

Terra Energy Releases 2013 Year-End Financial Results

CALGARY, ALBERTA--(Marketwired - March 27, 2014) - Terra Energy Corp. ("Terra" or the "Company") (TSX:TT) announces its 2013 year-end financial results. Terra's 2013 Audited Financial Statements and Management's Discussion and Analysis may be viewed at www.sedar.com or www.terraenergy.ca. During 2013, the Company was primarily focused on the reduction of its total net debt and the sale of its Montney unconventional gas assets. The period was characterized by continued low natural gas prices [Read more]

Terra Energy Announces 2013 Year-End Reserves Evaluation and Related Metrics

CALGARY, ALBERTA--(Marketwired - March 27, 2014) - Terra Energy Corp. ("Terra" or the "Company") (TSX:TT) is pleased to announce the results of its year-end reserves evaluation, as prepared by GLJ Petroleum Consultants Ltd. ("GLJ") as at December 31, 2013 (the "GLJ Report"). This evaluation was performed in accordance with the requirements of National Instrument 51-101, Standards of Disclosure for Oil and Gas Activities ("NI 51-101"). In addition, the Company would like to announce the results [Read more]

Sonde Resources Corp. Announces Board of Directors Changes

CALGARY, ALBERTA--(Marketwired - March 27, 2014) - Sonde Resources Corp. ("Sonde" or the "Company") (TSX VENTURE:SOQ)(NYSE MKT:SOQ) announced changes to its Board of Directors today. Toufic Nassif, Mike Adams and James A. Edmiston have been appointed to the Board, effective March 27, 2014 and will stand for election at the Annual and Special Meeting of Shareholders on June 19, 2014. With the recent changes in Sonde's strategic direction, Dr. James Funk, Jim Riddell and Greg Turnbull have [Read more]

Sonde Resources Corp. Provides 2013 Financial and Operating Results and Announces Revitalized Joint Oil Block Marketing Campaign

CALGARY, ALBERTA--(Marketwired - March 27, 2014) - Sonde Resources Corp. ("Sonde" or the "Company") (TSX VENTURE:SOQ)(NYSE MKT:SOQ) announced today the release of its financial and operating results for the year ended December 31, 2013. The Company's Annual Information Form, Management's Discussion and Analysis and Financial Statements for the year ended December 31, 2013 can be viewed on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com, and on the Securities [Read more]

Border Announces Conclusion of Strategic Process, Termination of Special Committee, Advisor Engagements and COO Contract

CALGARY, ALBERTA--(Marketwired - March 27, 2014) - Border Petroleum Limited ("Border" or the "Corporation") (TSX VENTURE:BOR)announces the conclusion of the formal strategic alternatives process announced in April 2013, the termination of the special committee, and the termination of the advisors on mutually agreeable terms. The strategic review process was to identify, examine and consider a range of strategic alternatives available to the Corporation, with a view to maximizing shareholder [Read more]

Arsenal Energy Inc. Announces Normal Course Issuer Bid and Share Dividend Plan

CALGARY, ALBERTA--(Marketwired - March 27, 2014) - Arsenal Energy Inc. (TSX:AEI) (PINKSHEETS:AEYIF) announces that it has made the necessary filings, and received the necessary approvals, to make a normal course issuer bid through the facilities of the Toronto Stock Exchange and the Alpha Alternative Trading System commencing April 1, 2014 and ending March 31, 2015, or on such earlier date as Arsenal may complete its purchases under the bid. A total of 804,506 common shares may be acquired [Read more]

Canadian Natural Resources Limited Prices US$1 Billion in 2 and 10 Year Notes

CALGARY, ALBERTA--(Marketwired - March 26, 2014) - Canadian Natural Resources Limited (TSX:CNQ) (NYSE:CNQ) ("Canadian Natural" or the "Company") announces that on March 26, 2014, it priced US$500 million principal amount of floating rate unsecured notes due March 30, 2016 sold at par with a rate of 3 month Libor plus 0.375%, and US$500 million principal amount of 3.80% unsecured notes due April 15, 2024 sold at a price of 99.957% per note to yield 3.805% to maturity. Net proceeds from the [Read more]