BOE Report

Blackbird Energy Announces Increase to Financing and Addition of Full Warrant to Units

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 28, 2013) - Blackbird Energy Inc. (TSX VENTURE:BBI) ("Blackbird" or the "Company") announced today that due to demand, it is increasing the size of its previous announced private placement (the "Private Placement") from $1,500,000 to aggregate gross proceeds of up to $2,500,000. The Company is increasing the unit portion of the Private Placement by $1,000,000 for a total unit offering of up to $2,000,000. In addition, the units will now [Read more]

Whitecap Resources Inc. Announces Cardium Light Oil Acquisition, Working Interest Consolidation of Eagle Lake Viking Unit and $65 Million Financing and Provides Increased 2013 Guidance

CALGARY, ALBERTA--(Marketwired - Oct. 28, 2013) - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX:WCP) is pleased to announce that it has completed the acquisition of a Cardium light oil property and a working interest consolidation of its Eagle Lake Viking unit for total consideration of $90 million (the "Acquisitions"). The Cardium acquisition ("Cardium Acquisition") adds approximately 920 boe/d (70% Oil/NGL's) of high netback, operated production with a base production [Read more]

Crocotta Energy Provides Operational Update

CALGARY, ALBERTA--(Marketwired - Oct. 28, 2013) - Crocotta Energy Inc. ("Crocotta" or the "Company") (TSX:CTA) is pleased to announce the following: CORPORATE PRODUCTION AND GUIDANCE Crocotta's corporate production averaged over 8,500 boepd for Q313 and is estimated to average 9,500 boepd for Q413. Crocotta is currently drilling at both Edson in West Central Alberta as well as at Dawson in Northeast British Columbia and is on target to meet exit guidance of 10,500 boepd. [Read more]

Anderson Energy Ltd. Completes Strategic Alternatives Review

CALGARY, ALBERTA--(Marketwired - Oct. 24, 2013) - Anderson Energy Ltd. ("Anderson" or the "Company") (TSX:AXL) announced today that it has closed the previously disclosed sale of its Garrington and Ferrier Cardium oil and natural gas properties. Proceeds from this transaction were used to repay bank debt. After normal closing adjustments and transaction fees, net proceeds were approximately $78 million and current cash deposits are approximately $24 million. With this sale, the Company's [Read more]

RMP Energy Announces $50.0 Million Equity Financing

CALGARY, ALBERTA--(Marketwired - Oct. 24, 2013) - NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. RMP Energy Inc. ("RMP" or the "Company") (TSX:RMP) is pleased to announce that it has entered into an equity financing agreement on a "bought deal" basis (the "Equity Financing"). Pursuant to the terms of the Equity Financing, RMP will issue, on an underwritten basis, approximately 8.2 million common shares at a price of $6.10 per [Read more]

Steady Progress for Husky Energy in Third Quarter

CALGARY, ALBERTA--(Marketwired - Oct. 24, 2013) - Husky Energy (TSX:HSE) continued to drive forward its growth plans in the third quarter as it announced a significant oil discovery offshore Newfoundland and Labrador and advanced the landmark Liwan Gas Project in the Asia Pacific Region closer to first production. "Our business continues to deliver consistent results across the board," said CEO Asim Ghosh. "We are hitting our targets and making steady progress towards executing our [Read more]

Delphi Reports Continued Drilling Success

CALGARY, ALBERTA--(Marketwired - Oct. 23, 2013) - Delphi Energy Corp. (TSX:DEE) ("Delphi" or the "Company") is pleased to provide the following operations update on its Montney capital program. The Company's recently completed 15-24-60-23W5M Montney well was drilled during the third quarter of 2013 to a total depth of 5,211 metres with a horizontal lateral length of 2,328 metres and stimulated with a 30 stage slickwater hybrid completion. The well was produced on clean-up over a six day [Read more]

Raging River Exploration Inc. Announces Increase to Bought Deal Equity Financing to $78.4 Million

CALGARY, ALBERTA--(Marketwired - Oct. 23, 2013) - NOT FOR DISTRIBUTION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW. Raging River Exploration Inc. ("Raging River" or the "Company") (TSX:RRX) is pleased to announce that it has agreed with the underwriters for its bought-deal financing announced today to increase the size of the bought deal financing to 14,000,000 common shares from 12,500,000 common shares at [Read more]

Raging River Exploration Inc. Announces $105 Million Dodsland Viking Acquisition, Freehold Leasing Arrangment, $70 Million Bought Deal Financing, Operations Update and Increased 2013 Guidance

CALGARY, ALBERTA--(Marketwired - Oct. 23, 2013) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S. Raging River Exploration Inc. ("Raging River" or the "Company") (TSX:RRX) is pleased to announce that the Company has entered into an agreement to acquire certain properties located in the Dodsland area of southwest Saskatchewan (the "Acquisition") for $105 million, the Company has also entered a freehold leasing arrangement ("Freehold Arrangement") [Read more]

Encana Reports Solid Third Quarter Supported by Liquids Growth and Progress on Cost Improvements

CALGARY, ALBERTA--(Marketwired - Oct. 23, 2013) - Encana Corporation (TSX:ECA)(NYSE:ECA) recorded a second consecutive profitable quarter with third quarter 2013 net earnings of $188 million or $0.25 per share, cash flow of $660 million or $0.89 per share and operating earnings of $150 million or $0.20 per share. Year to date, the Company has generated net earnings of $487 million or $0.66 per share, cash flow of $1.9 billion or $2.58 per share and operating earnings of $576 million or $0.78 per [Read more]