BOE Report

Pine Cliff Energy Ltd. Completes $20,020,000 Common Share Offering

CALGARY, ALBERTA--(Marketwired - Oct. 17, 2013) - NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES NEWSWIRE SERVICES Pine Cliff Energy Ltd. ("Pine Cliff" or the "Corporation") (TSX VENTURE:PNE) is pleased to announce that it has closed its previously announced short form prospectus offering of 18,200,000 common shares (the "Common Shares") at a price of $1.10 per common share for gross proceeds of $20,020,000 (the "Offering"). The Offering was made [Read more]

Crescent Point Energy Announces Operational and Hedging Update and Upwardly Revised 2013 Guidance for Production

CALGARY, ALBERTA--(Marketwired - Oct. 17, 2013) - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) is pleased to announce that it has exceeded its 2013 exit production guidance, surpassing its target of 119,000 boe/d in September. "We've had an outstanding year so far. We've exceeded our targets all year through a very successful organic drilling program, continued outperformance of our core waterflood areas, as well as production results from our cemented liner [Read more]

Tamarack Valley Energy Ltd. Provides an Operational Update

CALGARY, ALBERTA--(Marketwired - Oct. 17, 2013) - Tamarack Valley Energy Ltd. (TSX VENTURE:TVE) ("Tamarack" or the "Company") is pleased to announce the following operational and drilling update. Production Update Tamarack is pleased to announce that based on its successful 2013 drilling program, it expects to meet its third quarter 2013 production target of 3,125 to 3,185 boe/d. The Company remains on target of achieving its 2013 average production guidance average rate of [Read more]

Crew Energy Inc. Announces Private Offering of Senior Unsecured Notes

CALGARY, ALBERTA--(Marketwired - Oct. 16, 2013) - NOT FOR DISSEMINATION IN THE UNITED STATES - FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW Crew Energy Inc. (TSX:CR) ("Crew" or the "Company") announces that it has entered into an agreement with a syndicate of underwriters to issue C$150 million in aggregate principal amount of 8.375% per annum, 7-year senior unsecured notes (the "Notes"). The Notes will be direct senior [Read more]

Long Run Exploration Ltd. Closes Previously Announced Property Acquisition in Core Areas

CALGARY, ALBERTA--(Marketwired - Oct. 16, 2013) - Long Run Exploration Ltd. ("Long Run" or "the Company") (TSX:LRE) is pleased to announce the closing of the previously announced acquisition of properties and associated infrastructure (the "Acquisition") in the Company's core areas of Edmonton and Peace River. The focus of the Acquisition was on the consolidation of acreage, facilities, and key infrastructure in the Redwater area. In addition, the Acquisition adds approximately 100 Viking [Read more]

Questerre Energy Corporation (TSX:QEC): Fifth Liquids-Rich Montney Well Tests at Over 1,400 boe/d

CALGARY, ALBERTA--(Marketwired - Oct. 16, 2013) - Questerre Energy Corporation ("Questerre" or the "Company") (TSX:QEC) (OSLO:QEC) is pleased to report on the test results from its fifth horizontal well at 05-23-63-6W6M (the "05-23 Well") in the Kakwa-Resthaven area of west central Alberta. The 05-23 Well is approximately two miles west of the existing producing wells on its joint venture acreage and 70m to 100m deeper vertically. The well was successfully completed with a seven-stage [Read more]

RedWater Announces Director Resignation

OKOTOKS, ALBERTA--(Marketwired - Oct. 16, 2013) - RedWater Energy Corp. ("RedWater") (TSX VENTURE:RED) announces the resignation of Kevin Dickson as a director of RedWater. The directors wish to thank Mr. Dickson for his contributions to RedWater since its formation and wishes him the best in his other ventures which required him to resign. Business of RedWater Energy Corp. RedWater Energy Corp. is an emerging oil and gas exploration and development company. RedWater is engaged [Read more]

Hemisphere Energy to Acquire Oil Assets in Southeast Alberta

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 16, 2013) - Hemisphere Energy Corporation ("Hemisphere" or "the Company") (TSX VENTURE:HME) is pleased to announce it has entered into a formal letter of intent with an intermediate Canadian producer to purchase certain oil and gas assets in the Atlee Buffalo area of southeast Alberta. Highlights of the strategic acquisition: Stable, operated production of approximately 60 barrels of oil equivalent per day [Read more]

Paramount Resources Ltd. Completes Previously Announced Flow-Through Share Offerings Totaling Approximately $60 Million

CALGARY, ALBERTA--(Marketwired - Oct. 16, 2013) - Paramount Resources Ltd. (TSX:POU) ("Paramount") has completed its previously announced public offering of 1,115,000 Class A Common Shares of Paramount issued on a "flow-through" basis in respect of Canadian exploration expenses ("FTS") at a price of $44.00 per FTS for gross proceeds of $49,060,000. The FTS were sold through a syndicate of underwriters co-led by RBC Capital Markets, BMO Capital Markets and Peters & Co. Limited. Paramount [Read more]

Contact Exploration Continues Success With Kakwa Liquids-Rich Montney Development

CALGARY, ALBERTA--(Marketwired - Oct. 16, 2013) - Contact Exploration Inc. ("Contact" or the "Company") (TSX VENTURE:CEX) is pleased to announce that the fourth Contact-operated horizontal Montney well at 5-23-63-6 W6 (the "5-23 Well") (Contact 25% working interest) has been successfully completed and tested. The well was flow-tested for approximately 170 hours. During the final 24 hours of flow-back the well produced against anticipated gathering system pressure of approximately 2,000 kPa and [Read more]