BOE Report

Pengrowth Announces $715 Million 2014 Capital Program and Guidance

CALGARY, ALBERTA--(Marketwired - Jan. 16, 2014) - Pengrowth Energy Corporation (TSX:PGF)(NYSE:PGH) is pleased to announce that its Board of Directors has approved a $715 million capital budget for 2014, investing $365 million in its Lindbergh thermal oil project and $350 million in its non-thermal assets. Pengrowth is in the final year of its transition to become a sustainable, lower decline, higher cash flowing, oil producer. The company's focus in 2014 will be to: Maintain Pengrowth's [Read more]

Arcan Announces Operations Update and Resignation

CALGARY, ALBERTA--(Marketwired - Jan. 15, 2014) - Arcan Resources Ltd. (TSX VENTURE:ARN) ("Arcan" or the "Corporation") announces production has been fully restored following two separate third party pipeline outages during December 2013 and January 2014. Arcan has also completed drilling two of the four wells in its winter drilling program and anticipates all four wells will be drilled during its winter program and be on-stream prior to spring break-up. Arcan also announces the resignation [Read more]

Long Run Exploration Ltd. Announces Dividend

CALGARY, ALBERTA--(Marketwired - Jan. 15, 2014) - Long Run Exploration Ltd. ("Long Run" or the "Company") (TSX:LRE) is pleased to announce that the Board of Directors has declared a dividend of $0.0335 per common share and per non-voting convertible share to be paid on February 14, 2014 to shareholders of record at the close of business on January 31, 2014. The ex-dividend date for this dividend is January 29, 2014. Shareholders are advised that this dividend is designated as an "eligible [Read more]

Sonde Resources Corp. Announces Delisting of Common Shares on TSX and Application for Listing on TSXV

CALGARY, ALBERTA--(Marketwired - Jan. 15, 2014) - Sonde Resources Corp. ("Sonde" or the "Company") (TSX:SOQ)(NYSE MKT:SOQ) announced today that pursuant to an Expedited Review Process initiated by the TSX, its common shares will be delisted from the TSX at the close of market on February 18, 2014. The TSX concluded that Sonde no longer meets the continued listing requirements of the TSX as a result of the sale of substantially all of its Western Canada assets including all of its Southern [Read more]

Birchcliff Energy Ltd. Achieves Record Production Volumes, Increases 2014 Exit Production Guidance and Updates Hedging Program

CALGARY, ALBERTA--(Marketwired - Jan. 15, 2014) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Birchcliff Energy Ltd. ("Birchcliff") (TSX:BIR) is pleased to report the following record production volumes and updates: 2013 Exit Production Volumes. Estimated daily production during the last two weeks of December 2013 exceeded 30,000 boe per day, exceeding Birchcliff's previously estimated 2013 exit production volumes. January 2014 [Read more]

Edge Resources Inc. Announces Production Additions and Intention to Present at Proactive Investors One2One Investor Forum

CALGARY, ALBERTA--(Marketwired - Jan. 15, 2014) - Edge Resources Inc. ("Edge" or the "Company") (AIM:EDG)(TSX VENTURE:EDE) is pleased to announce that Brad Nichol, President and CEO of Edge, will present at the Proactive Investors One2One Forum in London, UK on Thursday January 16, 2014. Ahead of the investor forum, the Company is required to provide a brief update regarding preliminary results of the recent four well drilling program. As expected (see December 18, 2013 announcement), the first [Read more]

High North Resources-Corporate Update Montney Oil Wells

CALGARY, ALBERTA--(Marketwired - Jan. 15, 2014) - High North Resources Ltd. (TSX VENTURE:HN) (the "Company" or "High North") is pleased to provide an update on the Company's operations. In the third and fourth quarters of 2013, the Company drilled three successful horizontal oil wells in the Girouxville field, targeting the Montney formation. Production equipment is currently being installed on the first two wells 16-2-76-21 W5M and 9-2-76-21 W5M. Extended production tests will be [Read more]

Artisan Energy Corporation: Results From Wilrich Test Exceed Expectations

CALGARY, ALBERTA--(Marketwired - Jan. 15, 2014) - Artisan Energy Corporation ("Artisan" or the "Corporation") (TSX VENTURE:AEC) announces the following updates to its farm-out of various exploration operations announced on December 30, 2013: Wilrich Sandstone Gas Test at Tomahawk Property, Central Alberta Artisan has completed a fracture stimulation and flow test of the Wilrich sandstone on its previously drilled vertical well at 1-20-52-7W5 (the "Wilrich Test") and results have exceeded [Read more]

DeeThree Exploration Provides Operations Update

CALGARY, ALBERTA--(Marketwired - Jan. 15, 2014) - DEETHREE EXPLORATION LTD. ("DeeThree" or the "Company") (TSX:DTX)(OTCQX:DTHRF) is pleased to announce that based on field estimates it met its targeted 2013 exit production rate of 10,000 boe/d in December 2013 having attained a maximum rate of 10,200 boe/d (81% oil and NGLs and 19% natural gas). DeeThree's current production rate is approximately 9,500 boe/d (76% oil and NGLs and 24% natural gas). The Company currently has three drilling rigs [Read more]

Renegade Issues Open Letter Urging Shareholders to Reject Attempted Board Takeover by FrontFour

CALGARY, ALBERTA--(Marketwired - Jan. 15, 2014) - Renegade Petroleum Ltd. (Renegade or the Company) (TSX VENTURE:RPL) today issued an open letter advising shareholders to reject an attempted takeover of the board of Renegade by FrontFour Capital Group LLC, a dissident group headed by Zachary George, a U.S.-based hedge fund manager. The full text of the letter is attached to this news release. (Full text of Thomas Budd's letter follows) January 15, 2014 Dear Renegade [Read more]