BOE Report

Gitga’at First Nation Disappointed in Joint Review Panel Recommendation; Hopes Federal Government Will Reject Enbridge’s Northern Gateway Project

HARTLEY BAY, BRITISH COLUMBIA--(Marketwired - Dec. 19, 2013) - The Gitga'at First Nation is disappointed in the Joint Review Panel's recommendation on the Northern Gateway project, but is hopeful the Federal government will reject the project as inconsistent with its constitutional and international legal obligations to respect the rights of Aboriginal peoples and in the interest of building positive relationships with the Gitga'at and other BC First Nations. "We are disappointed in the Joint [Read more]

Northern Gateway Decision Supports Oil Market Diversification

CALGARY, ALBERTA--(Marketwired - Dec. 19, 2013) - The Canadian Association of Petroleum Producers today welcomed the National Energy Board's joint review panel decision on the Alberta-B.C. Northern Gateway oil pipeline project. "The decision, with its outlined conditions, is an important milestone in the process to achieve market diversification for Canada's valuable oil products," said CAPP vice-president Greg Stringham. It states this project is in the public interest. The conditions provide a [Read more]

Enbridge Joint Review Panel Recommendation Has No Effect on First Nations Northern Gateway Ban: Yinka Dene Alliance

VANDERHOOF, BRITISH COLUMBIA/YINKA DENE TERRITORIES--(Marketwired - Dec. 19, 2013) - First Nations of the Yinka Dene Alliance (YDA) reacted with disappointment but little surprise to today's Joint Review Panel (JRP) recommendation to approve Enbridge's Northern Gateway pipelines and tankers project, emphasizing that Enbridge's Northern Gateway pipelines have already been banned from YDA territories as a matter of Indigenous law. Chief Martin Louie of the Nadleh Whut'en First Nation, [Read more]

Chinook Energy Inc. Announces Budget and Guidance for 2014

CALGARY, ALBERTA--(Marketwired - Dec. 19, 2013) - Chinook Energy Inc. (TSX:CKE) ("Chinook", "we", "our" or "us") announced today its capital and operating budget and associated guidance for 2014. Our 2013 drilling success in the Beaverlodge, Albright and Karr areas added significant oil production volumes to our Canadian business which has a multi-year development drilling inventory and an expandable cash flow based 2014 budget. In Tunisia, we recently received approval to drill six (4.3 net) [Read more]

Aroway Energy Inc. Continues Drilling Success at Kirkpatrick Lake

CALGARY, ALBERTA--(Marketwired - Dec. 19, 2013) - AROWAY ENERGY INC. (TSX VENTURE:ARW)(OTCQX:ARWJF) (www.arowayenergy.com) (the "Company") is pleased to announce the following update on its most recent oil well at Kirkpatrick Lake in Central Alberta. The well was completed at a total vertical depth of 1,130 meters as an Ellerslie oil well. Equipping operations have begun with a pump jack being installed after which the well will be pipelined tied-in to our existing new pool discovery well to [Read more]

Anterra Energy Announces Closing of $12 Million Nipisi Property Acquisition

CALGARY, ALBERTA--(Marketwired - Dec. 19, 2013) - Anterra Energy Inc. ("Anterra" or the "Company") (TSX VENTURE:AE.A)(OTCQX:ATERF) is pleased to announce the closing of its previously announced arm's length property acquisition in the Nipisi area of north central Alberta. On December 18, 2013, the Company closed the acquisition of producing oil properties in the Nipisi area of north central Alberta, announced on November 25, 2013, for a cash consideration of $12.2 million. The [Read more]

Pine Cliff Energy Ltd. Announces 2014 Guidance and Provides Operational Update

CALGARY, ALBERTA--(Marketwired - Dec. 18, 2013) - . Pine Cliff Energy Ltd. ("Pine Cliff" or the "Company") (TSX VENTURE:PNE) is pleased to announce its 2014 guidance and to provide an operational update on both its oil and gas and mineral divisions. 2014 Guidance Pine Cliff remains committed to an accretive acquisition program in 2014 while continuing to focus on maintaining a strong balance sheet, which includes minimal or no debt. Pine Cliff's Board of [Read more]

Alexander Energy Ltd. Announces Increase to Bought Deal Financing

CALGARY, ALBERTA--(Marketwired - Dec. 18, 2013) - Alexander Energy Ltd. ("Alexander" or the "Company") (TSX VENTURE:ALX) is pleased to announce that it has increased its previously announced bought deal financing agreement detailed in its press release issued earlier this morning with a syndicate of underwriters co-led by Peters & Co. Limited and Clarus Securities Inc., and including GMP Securities Ltd., TD Securities Inc., Dundee Securities Ltd., AltaCorp Capital Inc., [Read more]

Atikwa Resources Inc. Clarifies Previous Update, Possible Receiver and Resumption to Trade

CALGARY, ALBERTA--(Marketwired - Dec. 18, 2013) - Atikwa Resources Inc. ("Atikwa" or the "Company") (TSX VENTURE:ATK) is providing a further update to the company's news release as of Dec 17, 2013 we wish to provide additional information on the loan with Century Services. This was a loan that was put in place on February 28, 2012 by the previous Board for $3 million dollars. The secured lender, who has security over all of Atikwa's assets, has set a court date for Thursday, December 19, 2013 at [Read more]

Edge Resources Inc. Drills and Cases Four Successful Wells in Eye Hill, Saskatchewan

CALGARY, ALBERTA--(Marketwired - Dec. 18, 2013) - Edge Resources Inc. (TSX VENTURE:EDE)(AIM:EDG) ("Edge" or the "Company") is very pleased to announce that it has successfully drilled and cased four additional wells in Eye Hill, Saskatchewan, with all four wells expected to produce commercial levels of oil. Completion activities have already commenced and the wells are expected to be put on production test before Christmas. After previously announcing the Company's intent to drill a minimum of [Read more]