BOE Report

TransCanada to Proceed with $1.5 Billion North Montney Extension

CALGARY, ALBERTA--(Marketwired - Aug. 6, 2013) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) announced today that its wholly-owned subsidiary, NOVA Gas Transmission Ltd. (NGTL), has signed agreements with Progress Energy Canada Ltd. (Progress) for approximately two billion cubic feet per day (Bcf/d) of firm gas transportation services to underpin the development of a major pipeline extension of the NGTL System. "The proposed North Montney Mainline project will provide [Read more]

Canada Energy Partners Announces Year-End Reserve & Resource Update With Significant Increase in Montney Resource

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 6, 2013) - Canada Energy Partners (the "Company") (TSX VENTURE:CE) is pleased to announce its year-end reserve and resource update, effective April 30, 2013. GLJ Petroleum Consultants evaluated the Company's Montney reserves and resources and Netherland Sewell and Associates evaluated the Peace River CBM Project's reserves and resources. The Company received an increase in its Contingent Resources of 173 BCFe associated with its Monias Property. [Read more]

U.S. Development Group Partners With Gibson Energy to Develop Crude-By-Rail Terminal Near Hardisty, Alberta

HOUSTON, TEXAS and CALGARY, ALBERTA--(Marketwired - Aug. 6, 2013) - U.S. Development Group LLC ("USDG"), a Houston based developer of rail logistics and terminal facilities and Gibson Energy Inc. ("Gibson"), (TSX:GEI), a Calgary based midstream energy company, today announced that they have partnered to expand USDG's industry-leading crude-by-rail development to Canada and increase transportation optionality for Gibson's Hardisty Terminal customers. Gibson and USDG have jointly secured [Read more]

Shoreline Provides Corporate Update and 2013 Guidance

CALGARY, ALBERTA--(Marketwired - Aug. 6, 2013) - Shoreline Energy Corp. (TSX:SEQ) ("Shoreline" or the "Company") is pleased to announce the following corporate update and guidance for the remainder of 2013. Production Corporate average monthly production for July 2013 was approximately 2,385 Boe/d (32% oil, 4% NGL's, 64% natural gas), comprised of approximately 1,925 Boe/d from the Company's Canadian Peace River Arch assets including its new Montney oil wells and approximately [Read more]

Artek Exploration Ltd. Announces Core Property Acquisition and Provides Operational Update

CALGARY, ALBERTA--(Marketwired - Aug. 1, 2013) - Artek Exploration Ltd. (TSX:RTK) ("Artek" or the "Company") is pleased to announce that it has entered into an agreement with a Canadian intermediate oil and gas company to acquire certain natural gas assets located at Fireweed, adjacent to the Company's core operating and producing area at Inga in northeastern British Columbia. The acquisition has an effective date of April 1, 2013 and is subject to standard industry closing conditions. Closing [Read more]

Kelt Increases Capital Expenditure Budget, Enters Into Agreement to Acquire Strategic Assets and Increases 2013 Production Guidance

CALGARY, ALBERTA--(Marketwired - Aug. 1, 2013) - Kelt Exploration Ltd. (TSX:KEL) ("Kelt" or the "Company") has entered into an agreement with a Canadian oil and gas company to acquire certain natural gas assets located at Fireweed, adjacent to the Company's core producing area at Inga, in northeastern British Columbia. The acquisition has an effective date of April 1, 2013 and is subject to standard industry closing conditions. Closing is expected to occur on or around August 9, 2013. Kelt is [Read more]

Coral Hill Announces Dismissal of Lawsuit

CALGARY, ALBERTA--(Marketwired - Aug. 1, 2013) - Coral Hill Energy Ltd. (the "Company") is pleased to announce that pursuant to a decision of the Court of Queen's Bench of the Province of Alberta (the "Court"), the applications by the Company, Wave Energy Ltd. ("Wave") and certain former directors of Wave for summary dismissal of the previously announced statement of claim filed by Edward Robert Fisher (the "Plaintiff") against each of the defendants has been granted. Pursuant to the decision of [Read more]

Pengrowth Reports Solid Second Quarter Production and Significant Progress on Thermal Strategy

CALGARY, ALBERTA--(Marketwired - Aug. 1, 2013) - Pengrowth Energy Corporation (TSX:PGF) (NYSE:PGH) today announced financial and operating results for the second quarter of 2013. "We have been highlighting Pengrowth's differentiated strategy of moving to a sustainable, lower decline production mix, bolstered by thermal bitumen production," said Derek Evans, Pengrowth's President and CEO. "During and subsequent to the second quarter of 2013, we have demonstrated our ability to execute that [Read more]

Bonavista Energy Corporation Announces 2013 Second Quarter Results

CALGARY, ALBERTA--(Marketwired - Aug. 1, 2013) - Bonavista Energy Corporation (TSX:BNP) ("Bonavista") is pleased to report to shareholders its condensed consolidated interim financial and operating results for the three and six months ended June 30, 2013. The unaudited financial statements and notes, as well as management's discussion and analysis, are available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at http://www.sedar.com and on Bonavista's website at [Read more]

Suncor Energy reports 2013 second quarter results

CALGARY, ALBERTA--(Marketwired - July 31, 2013) - Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and have been prepared in accordance with International Financial Reporting Standards (IFRS), specifically International Accounting Standard (IAS) 34 Interim Financial Reporting as issued by the International Accounting Standards Board. Effective January 1, 2013, Suncor adopted new and amended accounting standards, described in the Other [Read more]