BOE Report

Strategic Oil & Gas Ltd. Announces Significant Muskeg Stack Light Oil Results and Provides Operational Update

CALGARY, ALBERTA--(Marketwired - Sept. 12, 2013) - Strategic Oil & Gas Ltd. ("Strategic" or the "Company") (TSX VENTURE:SOG) is pleased to provide an operational update of third quarter 2013 drilling activity as well as a production update. Operational Update Strategic commenced its second half drilling program at Steen River in July 2013 and has drilled three new wells - two Muskeg Stack horizontal wells and one Keg River vertical well. Strategic successfully drilled [Read more]

Lone Pine Resources Announces Forbearance Agreement With Senior Lenders, Standstill Confirmation From Majority Noteholders, and NYSE Suspension of Trading and Commencement of Delisting Procedures

CALGARY, ALBERTA--(Marketwired - Sept. 11, 2013) - Lone Pine Resources Inc. ("Lone Pine" or the "Company") (NYSE:LPR)(TSX:LPR) today announced that it has entered into a forbearance agreement (the "Forbearance Agreement") with its senior secured lenders under the credit agreement dated as of March 18, 2011, by and among Lone Pine, Lone Pine Resources Canada Ltd. ("LPR Canada"), JPMorgan Chase Bank, N.A., Toronto Branch as Administrative Agent (the "Agent") and the other agents and Lenders (as [Read more]

Southern Pacific Announces Financial and Operational Results for the Year Ended June 30, 2013 and August Operational Update

CALGARY, ALBERTA--(Marketwired - Sept. 11, 2013) - Southern Pacific Resource Corp. ("Southern Pacific" or the "Company") (TSX:STP) today announced its financial and operational results for the year ended June 30, 2013 and provided an operational update for the month of August 2013. OVERALL PERFORMANCE HIGHLIGHTS Total Company production including the capitalized bitumen production from STP-McKay Phase 1 and heavy oil production from STP-Senlac was 4,254 [Read more]

Alexander Energy Ltd. Announces Resignation of Director

CALGARY, ALBERTA--(Marketwired - Sept. 11, 2013) - Alexander Energy Ltd. (TSX VENTURE:ALX) (the "Company") announced today that Mr. David Mackie has resigned as a member of the Board of Directors of the Company. To receive Press Releases and Corporate Updates directly via email send your email address to info@alexanderenergy.ca. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts [Read more]

Delphi Continues Growth in Bigstone Montney Land Position

CALGARY, ALBERTA--(Marketwired - Sept. 10, 2013) - Delphi Energy Corp. ("Delphi" or the "Company") (TSX:DEE) is pleased to provide the following update. Delphi has entered into a farm-in agreement to earn a 100 percent working interest in up to ten sections of Montney petroleum and natural gas rights in its core area at Bigstone, Alberta. The farm-in contemplates Delphi drilling one horizontal earning well in the Montney formation at Bigstone to earn the first block. The [Read more]

Blackbird Energy Inc. Announces Agreement to Purchase Two Sections of P&NG Rights in South East Saskatchewan

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 10, 2013) - (TSX VENTURE:BBI) Blackbird Energy Inc. ("Blackbird" or the "Company") is pleased to announce its proposed acquisition of certain oil and gas assets through its wholly-owned subsidiary, Ruger Energy Inc., for total cash consideration of $52,000 (the "Acquisition"). The vendor of the assets, which consist of two sections of Petroleum & Natural Gas Rights comprising a total of 1,280 acres located in Bromhead in South East Saskatchewan [Read more]

Arsenal Energy Inc. Releases Operational Update

CALGARY, ALBERTA--(Marketwired - Sept. 9, 2013) - Arsenal Energy Inc. ("Arsenal" or the "Company") (TSX:AEI)(PINKSHEETS:AEYIF) is pleased to release this operations update. In the third quarter to date, Arsenal has drilled four (4 net) wells at Princess, one (1 net) well at Chauvin, one (0.5 net) well in the Alberta deep basin, and has completed four (0.25 net) Bakken wells at Lindahl in North Dakota. At Princess, Arsenal has drilled four wells, resulting in two oil wells, one gas well [Read more]

Pengrowth Closes Southeast Saskatchewan Asset Disposition

CALGARY, ALBERTA--(Marketwired - Sept. 9, 2013) - Pengrowth Energy Corporation (TSX:PGF) (NYSE:PGH) has closed the previously announced divestiture of its non-core southeast Saskatchewan assets, effective June 1, 2013. Proceeds from the sale are $510 million, prior to closing adjustments. The assets sold had production of approximately 5,700 barrels of oil equivalent per day (boe/d) (93% liquids) and proved plus probable reserves of 21.3 million barrels assigned to them at December 31, [Read more]

Hemisphere Energy Tests 357 Boe/d Well in Jenner

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 9, 2013) - Hemisphere Energy Corporation (TSX VENTURE:HME) is pleased to announce successful production test results of its recently drilled well in the Jenner area of southeast Alberta. Hemisphere has finished drilling, completing and testing its 12th horizontal well in Jenner targeting the Glauconitic formation sandstones. The well was placed on a production test for a 78 hour period. Over the last 24 hours of the test, the well [Read more]

Kallisto Acquires Minnehik-Buck Lake Property

CALGARY, ALBERTA--(Marketwired - Sept. 9, 2013) - Kallisto Energy Corp. (TSX VENTURE:KEC) ("Kallisto" or the "Company") announces that is has acquired a 100% working interest in two sections of land in the Minnehik - Buck Lake area of Alberta (the "Lands"). The Lands were acquired pursuant to the terms of the Farmout and Settlement Agreement (the "Agreement") announced on May 30, 2013 between Kallisto and a company with which it holds a secured loan facility ("Loanco"). The Lands are prospective [Read more]