BOE Report

Questerre Announces Proposed Private Placement

CALGARY, ALBERTA--(Marketwired - Nov. 20, 2013) - THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS Questerre Energy Corporation">Questerre Energy Corporation ("Questerre" or the "Company") (TSX:QEC) (OSLO:QEC) is pleased to announce that it intends to complete a private placement directed towards Norwegian and international institutional investors. The placement will [Read more]

Questfire Energy Corp. Announces 2013 Third Quarter Financial Results

CALGARY, ALBERTA--(Marketwired - Nov. 20, 2013) - NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS. Questfire Energy Corp. (the "Corporation" or "Questfire") (TSX VENTURE:Q.A)(TSX VENTURE:Q.B) is pleased to announce that it has filed on SEDAR its unaudited financial statements and related management's discussion and analysis ("MD&A") for the three and nine months ended September 30, 2013. Financial and Operating Highlights [Read more]

Arcan Third Quarter Results on Target; Production Stable and Reserves Independently Verified

CALGARY, ALBERTA--(Marketwired - Nov. 20, 2013) - Arcan Resources Ltd. (TSX VENTURE:ARN) ("Arcan" or the "Corporation") reports that production and reserves remained stable. The third quarter financial metrics illustrate Arcan's progress towards bringing capital spending within cash flow while delivering consistent results. Arcan expects to achieve its 2013 production target of 3,800 to 4,000 barrels of oil equivalent ("BOE") per day and capital spending of $40.8 million, which is in line with [Read more]

CIOC Announces Continued Success of the Company’s Gold Creek Montney Development

CALGARY, ALBERTA--(Marketwired - Nov. 20, 2013) - Canadian International Oil Corp. ("CIOC" or the "Company") is pleased to provide an update on the Company's recent horizontal Montney well results in the Gold Creek area of West Central Alberta. After eight months on production, the Company's first Gold Creek well (12-36-67-4) has produced 270 Mboe, consisting of 113 Mbbls of oil and 945 MMcf of natural gas through the end of October. Encouraged by robust economics, the Company has followed [Read more]

Northern Spirit Resources Inc. Provides Operational Update

CALGARY, ALBERTA--(Marketwired - Nov. 20, 2013) - Northern Spirit Resources Inc. ("Northern Spirit" or the "Company") (TSX VENTURE:NS) is pleased to provide the following operational update. Northern Spirit has 8 net sections (2,048 hectares) of land in the Klein area in East Central Alberta. The Company has executed a successful 2013 drilling program at Klein North and South, having successfully drilled four (2.66 net) wells targeting medium gravity Sparky oil. At Klein North, one net [Read more]

Traverse Energy Ltd. Announces Private Placement Financing

CALGARY, ALBERTA--(Marketwired - Nov. 19, 2013) - Traverse Energy Ltd. (the "Corporation") (TSX VENTURE:TVL) intends to complete a non-brokered private placement (the "Private Placement") of up to 2,400,000 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 for total gross proceeds of $2,016,000. Completion of the Private Placement [Read more]

Hemisphere Energy Announces Third Quarter 2013 Results

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 19, 2013) - Hemisphere Energy Corporation (TSX VENTURE:HME) ("Hemisphere") is pleased to announce its financial and operating results for the three and nine months ended September 30, 2013. Q3 2013 Highlights Achieved highest quarterly production rate of 461 boe/d with an 82% oil and NGL weighting. Generated record revenue of $3.2 million which represents a 56% increase over the comparable quarter of 2012 and [Read more]

Yoho Resources Inc. Announces Corporate Reserves as at September 30, 2013

CALGARY, ALBERTA--(Marketwired - Nov. 19, 2013) - Yoho Resources Inc. ("Yoho" or the "Company") (TSX VENTURE:YO) is pleased to announce the results of its independent reserve evaluation for the year ended September 30, 2013 as prepared by GLJ Petroleum Consultants Ltd. ("GLJ"). The Company's annual audit of its financial statements is not yet complete and accordingly all financial amounts referred to in this press release are estimates and are subject to revision. Complete reserves disclosure [Read more]

Storm Resources Ltd. Announces Closing of $30.1 Million Bought Deal Financing and $3.7 Million Non-Brokered Financing

CALGARY, ALBERTA--(Marketwired - Nov. 19, 2013) - STORM RESOURCES LTD. ("Storm") (TSX VENTURE:SRX) is pleased to announce that it has completed its previously announced bought deal financing for aggregate gross proceeds of $30,150,000 (the "Bought Deal Financing"). Pursuant to the Bought Deal Financing, Storm, through a syndicate of underwriters led by FirstEnergy Capital Corp. and including Peters & Co. Limited, National Bank Financial Inc., Clarus Securities Inc., RBC [Read more]

Questerre Updates Results From Second Pasquia Hills Core Program

CALGARY, ALBERTA--(Marketwired - Nov. 19, 2013) - NOT FOR DISTRIBUTION ON U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Questerre Energy Corporation">Questerre Energy Corporation ("Questerre" or the "Company") (TSX:QEC)(OSLO:QEC) reported today on the results of its second core hole program for its oil shale acreage at Pasquia Hills, Saskatchewan. Michael Binnion, President and Chief Executive Officer, commented, "These results are better than we [Read more]