BOE Report

Sundance Energy Corporation: Ochapowace 16-32-17-3W2M: Drilling Update

CALGARY, ALBERTA--(Marketwired - Dec. 5, 2013) - Sundance Energy Corporation ("Sundance" or the "Corporation") (TSX VENTURE:SNY)(OTCQX:SNYXF) hereby provides an update on the Corporation's recent drilling activities in the Ochapowace Area located in south east Saskatchewan: The 16-32 Test Well commenced drilling before the end of November 2013 and was drilled to a depth of approximately 1,250 meters subsurface. The 16-32 Test Well evaluated the Jurassic Sands, the Bakken, Lodgepole and [Read more]

Traverse Energy Ltd. Announces Increase in Size of Private Placement Financing

CALGARY, ALBERTA--(Marketwired - Dec. 5, 2013) - Traverse Energy Ltd. (the "Corporation") (TSX VENTURE:TVL) reports that due to the oversubscription of its previously announced non-brokered private placement, the Corporation is increasing the size of its private placement of common shares of the Corporation ("Shares") to be issued on a "flow through" basis eligible for the renunciation of Canadian development expenses within the meaning of the Income Tax Act (Canada) at $0.84 per Share (the [Read more]

Paramount Resources Ltd. Announces Upsizing and Pricing of Previously Announced Senior Notes Offering

CALGARY, ALBERTA--(Marketwired - Dec. 4, 2013) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES The previously announced offering of Paramount's 7.625% senior unsecured notes due 2019 (the "Senior Notes") has been upsized from $100 million to $150 million and priced at a premium price of $1,007.50 per $1,000 principal amount. The offering is expected to close on December 11, 2013. The Senior Notes have not been and will not be [Read more]

Peyto Exploration & Development Corp. Announces Closing of Private Placement of Senior Notes

CALGARY, ALBERTA--(Marketwired - Dec. 4, 2013) - Peyto Exploration & Development Corp. (TSX:PEY) ("Peyto") is pleased to confirm that it has closed a previously announced issuance of CDN$120 million of senior unsecured notes. The notes have a coupon rate of 4.5% and mature on December 4, 2020. The notes were issued by way of a private placement pursuant to a note purchase agreement and rank equally with Peyto's obligations under its bank facility and existing note purchase [Read more]

Yoho Resources Inc. Announces Year End Financial Results With 39% Increase in Funds from Operations for Fiscal 2013

CALGARY, ALBERTA--(Marketwired - Dec. 4, 2013) - Yoho Resources Inc. (TSX VENTURE:YO) ("Yoho" or the "Company") has filed today on SEDAR the financial statements for the year ended September 30, 2013 and the related managements' discussion and analysis ("MD&A"). Yoho today also filed its Annual Information Form for the year ended September 30, 2013 which includes the Company's reserves data and other oil and gas information for the year ended September 30, 2013 as mandated by National [Read more]

Enbridge Increases Dividend by 11 per cent

CALGARY, ALBERTA--(Marketwired - Dec. 4, 2013) - Enbridge Inc. (TSX:ENB) (NYSE:ENB) today announced that its Board of Directors has declared a quarterly dividend of $0.350 per common share, payable on March 1, 2014 to shareholders of record on February 14, 2014. The dividend reflects an 11 per cent increase from the prior quarterly rate. Enbridge also announced a guidance range for 2014 adjusted earnings of $1.84 to $2.04 per share. "2013 has been a foundational year for our growth plan [Read more]

Edge Resources Inc. Kicks Off Multi-Well Drilling Program

CALGARY, ALBERTA--(Marketwired - Dec. 4, 2013) - Edge Resources Inc. ("Edge" or the "Company") (TSX VENTURE:EDE)(AIM:EDG) is very pleased to announce that, following from the oversubscribed financing (announced November 18, 2013), it has already secured a drilling rig for a multi- well drilling program in Eye Hill, Saskatchewan. The Company is planning on drilling a minimum of three wells back-to-back in December 2013. The planned locations are within a few hundred meters of the existing, [Read more]

Paramount Resources Ltd. Announces the Proposed Offering of an Additional $100 Million of Its 7.625% Senior Notes Due 2019 and A $150 Million Increase to Its Bank Credit Facility

CALGARY, ALBERTA--(Marketwired - Dec. 4, 2013) - Paramount Resources Ltd. (TSX:POU) ("Paramount" or the "Company") intends to sell an additional $100 million aggregate principal amount of its 7.625% senior unsecured notes due 2019 (the "Senior Notes") by way of a public offering in Canada and on a private placement basis in the United States through a syndicate of underwriters (the "Offering"). The Offering is expected to close before mid-December 2013. Net proceeds from the Offering will be [Read more]

Aroway Energy Inc. Begins Drilling at Kirkpatrick Lake

CALGARY, ALBERTA--(Marketwired - Dec. 4, 2013) - AROWAY ENERGY INC. (TSX VENTURE:ARW)(OTCQX:ARWJF) (www.arowayenergy.com) (the "Company") announces that it has commenced operations on a new development oil well on its 100% owned and operated Kirkpatrick Lake property in Central Alberta. The new development oil well will be drilled to an approximate depth of 1,400 meters into the Ellerslie formation. This new well is classified as a development well, and offsets Aroway's original discovery well [Read more]

Crescent Point Energy Exceeds 2013 Exit Production Guidance and Announces $1.75 Billion Capital Expenditures Budget for 2014

CALGARY, ALBERTA--(Marketwired - Dec. 3, 2013) - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) is pleased to announce that it surpassed its 2013 exit guidance of 124,000 boe/d in November. "We've had a record year and have beaten our targets every quarter. When you look at our outperformance in 2012 and 2013, a lot of it is due to the advancements in technology that we've made as a company and our consistent push to improve our completions techniques," said [Read more]