BOE Report

NuVista Energy Ltd. Announces Fourth Quarter and Year End 2013 Results

CALGARY, ALBERTA--(Marketwired - March 6, 2014) - NuVista Energy Ltd. ("NuVista") (TSX:NVA) is pleased to announce results for the three and twelve months ended December 31, 2013 and provide an update on its future business plans. 2013 was a turning point year for NuVista, and one where all of our key business and strategic targets were met or exceeded. We have: Transitioned the Bilbo (South) and Elmworth (North) sub-blocks of our Wapiti Montney play from delineation phase to full repeatable [Read more]

Storm Resources Ltd. is Pleased to Announce Its Financial and Operating Results for the Three Months and Year Ended December 31, 2013

CALGARY, ALBERTA--(Marketwired - March 6, 2014) - Storm Resources Ltd. (TSX VENTURE:SRX) Storm has also filed its audited consolidated financial statements as at December 31, 2013 and for the three months and year then ended along with Management's Discussion and Analysis ("MD&A") for the same periods. This information appears on SEDAR at www.sedar.com and on Storm's website at www.stormresourcesltd.com. Selected financial and operating information for the three months and year ended [Read more]

Petrobank Announces 2013 Reserves and Resources and Year-End 2013 Financial and Operating Results

CALGARY, ALBERTA--(Marketwired - March 6, 2014) - Petrobank Energy and Resources Ltd. (TSX:PBG) announces the results of our reserves and resources evaluation for the year ended December 31, 2013 conducted by McDaniel and Associates Consultants Ltd. ("McDaniel") and Sproule Associates Ltd. ("Sproule") and provides an operating update. The consolidated financial statements as at and for the years ended December 31, 2013 and 2012 represent the operations of the assets and liabilities [Read more]

Freehold Royalties Ltd. Announces 2013 Fourth Quarter Results and Year-end Reserves

CALGARY, ALBERTA--(Marketwired - March 6, 2014) - Freehold Royalties Ltd. (Freehold) (TSX:FRU) today announced 2013 fourth quarter results and reserves as at December 31, 2013. Results at a Glance Three Months Ended Twelve Months Ended FINANCIAL HIGHLIGHTS December 31 December 31 ($000s, except as noted) 2013 2012 Change 2013 2012 Change Gross revenue 45,287 45,794 -1 % 181,578 168,134 8 % Net [Read more]

Paramount Resources Ltd. 2013 Results: Proved Reserves Up 72%; Conventional P+P Reserves Up 54%; Musreau Deep Cut Facility To Ramp-up In Q2 2014; Company Production To Reach 50,000 Boe/d In 2014

CALGARY, ALBERTA--(Marketwired - March 6, 2014) - Paramount Resources Ltd. (TSX:POU) - OVERVIEW Oil and Gas Operations Proved reserves increased 72 percent year-over-year to 87.7 MMBoe, after production of 7.6 MMBoe and dispositions of 2.2 MMBoe (replacement ratio of 6.1 times). Total proved and probable ("P+P") reserves increased 47.3 MMBoe to 227.3 MMBoe, with conventional P+P reserves increasing 54 percent to 133.8 MMBoe (replacement ratio of 7.6 times) and probable oil sands [Read more]

Gear Energy Ltd. Announces Increase to Bought Deal Equity Financing to $56.0 Million

CALGARY, ALBERTA--(Marketwired - March 6, 2014) - Gear Energy Ltd. ("Gear" or the "Company") (TSX:GXE) is pleased to announce that it has agreed with the underwriters for its bought-deal financing announced today to increase the size of the bought deal financing to 14,000,000 common shares from 12,500,000 common shares at a price of $4.00 per common share for gross proceeds of $56,000,000. The syndicate of underwriters is co-led by FirstEnergy Capital Corp. and Peters & Co. Limited and [Read more]

Nordic Completes Noel, BC Acquisition

WINNIPEG, MANITOBA--(Marketwired - March 6, 2014) - Donald Benson, President and CEO of Nordic Oil and Gas Ltd. ("Nordic") (TSX VENTURE:NOG), is pleased to announce the Company has acquired an average of 80% interest in 1,179 hectares of land from Quattro Exploration and Production Ltd. in the Noel, B.C. area. The acquisition price of $300,000.00 was paid by issuance of 4,000,000 shares of Nordic Oil and Gas Ltd. to be issued from treasury at a deemed value of $0.05 per share, 1,000,000 [Read more]

Gear Energy Ltd. Announces $50 Million Bought Deal Equity Financing

CALGARY, ALBERTA--(Marketwired - March 6, 2014) - Gear Energy Ltd. ("Gear" or the "Company") (TSX:GXE) is pleased to announce that it has entered into an agreement with a syndicate of underwriters co-led by FirstEnergy Capital Corp. and Peters & Co. Limited and including RBC Capital Markets Inc., GMP Securities L.P., Haywood Securities Inc. and AltaCorp. Capital Inc. (together, the "Underwriters") under which they have agreed to purchase for resale to the public, on a bought deal basis, [Read more]

Canadian Natural Resources Limited Announces 2013 Fourth Quarter and Year End Results

CALGARY, ALBERTA--(Marketwired - March 6, 2014) - Commenting on fourth quarter and year end results, Steve Laut, President of Canadian Natural (TSX:CNQ)(NYSE:CNQ) stated, "2013 was a solid year for Canadian Natural as we achieved significant progress in our transition to longer life, low decline assets. We achieved record cash flow of approximately $7.5 billion in 2013 and we grew our total liquids production by 6% to approximately 478,000 barrels per day, with total production of 671,162 [Read more]

Artek Exploration Ltd. Reports Significant 2013 Reserves Growth

CALGARY, ALBERTA--(Marketwired - March 5, 2014) - Artek Exploration Ltd. (TSX:RTK) of Calgary, Alberta ("Artek" or the "Company") is pleased to provide an operational update and announce the results of its independent reserve evaluation for the year ended December 31, 2013 (the "Sproule Report") as prepared by Sproule Associates Limited ("Sproule"). 2013 HIGHLIGHTS Increased Proved plus Probable reserves year over year by 43% to 42.5 million boe from 29.6 million boe and also increased [Read more]