BOE Report

Long Run Exploration Ltd. Announces $75 Million Bought Deal Convertible Debenture Offering

CALGARY, ALBERTA--(Marketwired - Jan. 8, 2014) - Long Run Exploration Ltd. (TSX:LRE) ("Long Run" or the "Company") is pleased to announce that it has entered into an agreement to sell, on a bought deal basis to a syndicate of underwriters co-led by National Bank Financial Inc. and Scotia Capital Inc., $75 million aggregate principal amount of 6.40% convertible unsecured subordinated debentures, due January 31, 2019 (the "Debentures") at a price of $1,000 per Debenture (the "Offering"). The [Read more]

Inter Pipeline Announces Appointment of New Chief Financial Officer

CALGARY, ALBERTA--(Marketwired - Jan. 8, 2014) - Inter Pipeline Ltd. ("Inter Pipeline") (TSX:IPL) is pleased to announce that Brent Heagy has been appointed Chief Financial Officer effective March 1, 2014. Mr. Heagy will replace Bill van Yzerloo, whose planned retirement was disclosed earlier in 2013. Mr. Heagy joins Inter Pipeline from Athabasca Oil Corporation where he served as Chief Financial Officer. In a career spanning more than 30 years, Mr. Heagy has extensive experience in the [Read more]

Manitok Energy Inc. Achieves New Monthly Average Production Record of 5,550 boe/d in December 2013

CALGARY, ALBERTA--(Marketwired - Jan. 8, 2014) - Manitok Energy Inc. (the "Corporation" or "Manitok") (TSX VENTURE:MEI) is pleased to provide an update on its latest operations. Production Based on field estimates, Manitok's production averaged 5,550 boe/d (58% oil and liquids) over the month of December 2013, which is a record high production month for the Corporation and exceeds Manitok's previously provided 2013 exit guidance of 5,300 - 5,500 boe/d. The [Read more]

Questerre Appoints Frank Walsh as COO and Builds Out Montney Team

CALGARY, ALBERTA--(Marketwired - Jan. 8, 2014) - Questerre Energy Corporation">Questerre Energy Corporation ("Questerre" or the "Company") (TSX:QEC)(OSLO:QEC) is pleased to announce that it has appointed Frank Walsh as Chief Operating Officer in addition to three other new senior management members. Michael Binnion, President and Chief Executive Officer, commented, "We are pleased we have established an experienced Montney team. Mr. Walsh has a proven track record in [Read more]

Artek Exploration Ltd. Provides Operational Update

CALGARY, ALBERTA--(Marketwired - Jan. 7, 2014) - Artek Exploration Ltd. (TSX:RTK) of Calgary, Alberta ("Artek" or the "Company") is pleased to provide the following operations update: Late in the fourth quarter, Artek drilled a successful Doig horizontal well and Montney horizontal well from the same surface pad at 10-17-87-23W6M in the Inga South area, where the Company had encountered particularly thick Doig sands and high natural gas liquids rates from a previously announced step out [Read more]

Cardinal Energy Ltd. Announces Director Appointment and Dividend Policy

CALGARY, ALBERTA--(Marketwired - Jan. 7, 2014) - Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX:CJ) is pleased to announce that Mr. Greg Tisdale has joined its Board of Directors effective today. Mr. Tisdale is the Chief Financial Officer of Crescent Point Energy Ltd., a role he has held since 2004. During the past ten years he has managed all aspects of Crescent Point's finances. Mr. Tisdale has worked in the oil and gas industry since 1995 and has served and currently serves on the [Read more]

Crocotta Energy Provides Production and Hedging Update

CALGARY, ALBERTA--(Marketwired - Jan. 7, 2014) - Crocotta Energy Inc. ("Crocotta") (TSX:CTA) is pleased to announce that it produced approximately 9,900 boepd for the last two weeks of December 2013 and achieved its exit guidance rate of 10,500 boepd during that period. Production with extended tests but not on-stream included approximately 1,400 boepd of which 400 boepd is at Edson, AB and 1,000 boepd is at Dawson, BC. The Edson production will be on-stream by mid-January but the Dawson well is [Read more]

Lone Pine Resources Announces Creditor Approval of Restructuring Plan

CALGARY, ALBERTA--(Marketwired - Jan. 6, 2014) - Lone Pine Resources Inc. ("Lone Pine" or the "Company") today announced that affected creditors of the Company and its subsidiaries have approved, by the required majorities at meetings held today, Lone Pine's previously-announced plan of compromise and arrangement (as amended, the "Plan") under the Companies' Creditors Arrangement Act ("CCAA"). The Plan was approved at the respective creditors' meeting of each company by over 95% of the number of [Read more]

Raging River Exploration Inc. Appoints New Director

CALGARY, ALBERTA--(Marketwired - Jan. 6, 2014) - Raging River Exploration Inc. ("Raging River" or the "Company") (TSX:RRX) is pleased to announce that Gary Bugeaud has been appointed to its Board of Directors. Mr. Bugeaud recently retired as Managing Partner of the Calgary law firm Burnet, Duckworth & Palmer LLP. Mr. Bugeaud has significant securities, mergers and acquisitions and corporate governance experience. Mr. Bugeaud is also a trustee of the Alberta Cancer Foundation. [Read more]

Arsenal Energy Inc. Releases 2014 Budget

CALGARY, ALBERTA--(Marketwired - Jan. 6, 2014) - Arsenal Energy Inc. ("Arsenal" or the "Company") (TSX:AEI) (PINKSHEETS:AEYIF) is pleased to release this operations update and its 2014 capital budget. During the fourth quarter, pricing differentials for Arsenal's mix of production widened substantially. In response, Arsenal postponed drilling three wells in south-east Alberta and various other minor capital expenditures. Capex for 2013 is now estimated at $38 million compared to [Read more]