BOE Report

Renegade Petroleum Ltd. Announces Non-Core Asset Disposition and Confirms December 2013 Dividend

CALGARY, ALBERTA--(Marketwired - Dec. 12, 2013) - Renegade Petroleum Ltd. (TSX VENTURE:RPL) ("Renegade" or the "Company") is pleased to announce that it has entered into an agreement to sell certain non-core assets for gross proceeds of $32.5 million and is pleased to confirm its December 2013 dividend. ASSET DISPOSITION The Company has entered into a definitive agreement to sell, effective December 1, 2013, certain non-core oil and gas assets in southeast Saskatchewan (the [Read more]

RMP Energy Announces 2014 Capital Budget and Business Plan and Provides Updated Reserves Information

CALGARY, ALBERTA--(Marketwired - Dec. 12, 2013) - RMP Energy Inc. ("RMP" or the "Company") (TSX:RMP) is pleased to announce its 2014 Capital Budget and Business Plan and provide updated reserves information. 2014 Capital Budget and Business Plan The Company's Board of Directors has approved an exploration and development expenditures program of $130 million for 2014 (the "2014 Capital Budget"). The 2014 Capital Budget is anticipated to be fully funded by internally-generated [Read more]

Yangarra Announces Closing of Bought Deal Financing and Provides Operations Update

CALGARY, ALBERTA--(Marketwired - Dec. 12, 2013) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S. Yangarra Resources Ltd. ("Yangarra" or the "Corporation") (TSX VENTURE:YGR) announces the closing of its recently announced "bought deal" financing, completed by way of a short form prospectus, for the sale of 12,048,148 common shares of the Corporation (the "Common Shares") at a price of $0.54 per share, 3,394,915 common shares of the Corporation [Read more]

NuVista Energy Ltd. Announces Non-Core Asset Dispositions and Reconfirms 2014/15 Guidance

CALGARY, ALBERTA--(Marketwired - Dec. 11, 2013) - NuVista Energy Ltd. ("NuVista") (TSX:NVA) is pleased to announce the disposition of non-core assets in its W3/W4 operating areas for gross proceeds of $30.2 million. This transaction continues to sharpen NuVista's focus on our condensate-rich Wapiti Montney play. The divestiture, coupled with our year-to-date disposition proceeds of $13.2 million, brings NuVista well within our previously stated annual target range for non-core dispositions of [Read more]

Raging River Exploration Inc. Exceeds 2013 Exit Production and Announces $215 Million Capital Expenditure Budget for 2014

CALGARY, ALBERTA--(Marketwired - Dec. 11, 2013) - Raging River Exploration Inc. ("Raging River" or the "Company") (TSX:RRX) is pleased to announce that it has surpassed its exit guidance of 8,000 boe/d. As a result of our continued success, we now expect fourth quarter 2013 production to be 7,300-7,400 boe/d resulting in a further increase to our average 2013 production guidance to 5,500 boe/d from 5,400 boe/d. 2013 has been a record year for Raging River. During 2013 [Read more]

Shoreline Provides Dividend Update

CALGARY, ALBERTA--(Marketwired - Dec. 11, 2013) - Shoreline Energy Corp. (TSX:SEQ) ("Shoreline" or the "Company") announces that the Board of Directors intends to delay declaration of any dividends to the time of closing of the previously announced joint venture between the Company and Acceleration Resources. The joint venture is currently expected to close on or before January 31, 2014. The Company remains committed to a sustainable dividend policy and any dividends declared will be declared in [Read more]

Southern Pacific Announces Review of Strategic Alternatives to Enhance Shareholder Value and Provides Operational Update

CALGARY, ALBERTA--(Marketwired - Dec. 11, 2013) - Southern Pacific Resource Corp. ("Southern Pacific" or the "Company") (TSX:STP) today announces that its Board of Directors has initiated a process to identify, examine and consider strategic and financial alternatives available to the Company with the ultimate view of enhancing shareholder value. Strategic and financial alternatives may include, but are not limited to, the sale of the Company, merger or other business combination, [Read more]

Consistent Execution Delivers Substantial Growth for Husky Energy

CALGARY, ALBERTA--(Marketwired - Dec. 11, 2013) - Husky Energy (TSX:HSE) is on track to achieve substantial production growth in 2014, supported by consistent performance from all segments of the business and commencement of production from the landmark Liwan Gas Project. Liwan is the cornerstone of Husky's Asia Pacific growth pillar and the first of several major projects across the Company to come on stream. Husky's latest heavy oil thermal development, the 3,500 barrels per day [Read more]

Encana to Grow Liquids Production by 30 Percent and Conduct IPO of Clearwater Royalty Business in 2014

CALGARY, ALBERTA--(Marketwired - Dec. 11, 2013) - Encana Corporation (TSX:ECA)(NYSE:ECA) - With its sight set on sustainably growing shareholder value, Encana Corporation today announced a disciplined capital program focused on generating profitable growth through investment in five core liquids-rich resource plays. "In November, we announced a clear vision and strategy to lay the foundation for Encana's future," says Doug Suttles, Encana President & CEO. "Going forward [Read more]

Alexander Energy Ltd. Announces Closing of Recapitalization and Appointment of New Management Team

CALGARY, ALBERTA--(Marketwired - Dec. 10, 2013) - Alexander Energy Ltd. (TSX VENTURE:ALX) - Alexander Energy Ltd. ("Alexander" or the "Corporation") is pleased to announce that it has received the written consent of a majority of its shareholders to: (i) its previously announced non-brokered private placement of up to an aggregate of approximately $26.5 million (the "Private Placement"); and (ii) the appointment of a new management team and board of directors (collectively, [Read more]