BOE Report

Pengrowth Receives Regulatory Approval for the 12,500 Barrel Per Day First Commercial Phase of the Lindbergh Thermal Bitumen Project

CALGARY, ALBERTA--(Marketwired - July 15, 2013) - Pengrowth Energy Corporation (TSX:PGF)(NYSE:PGH) announced today that it has received Environmental Protection and Enhancement Act (EPEA) approval for the 12,500 barrel per day (bbl/d) first commercial phase of its Lindbergh thermal project in east central Alberta. The approval contains no conditions that materially change cost, scope or timing of the project. This decision marks the culmination of approximately 18 months of project review by [Read more]

Questerre Spuds Fifth Montney Well

CALGARY, ALBERTA--(Marketwired - July 12, 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 that drilling operations have commenced on the fifth well (the "05-23 well") targeting the liquids rich-Montney shale in the Kakwa-Resthaven area of Alberta. Questerre holds a 25% working interest in this well. [Read more]

Enbridge Restarts Line 37 Pipeline, Returns Athabasca Pipeline to Full Service

CALGARY, ALBERTA--(Marketwired - July 11, 2013) - Enbridge Inc. (TSX:ENB) (NYSE:ENB) today confirmed the return to service of its Line 37 pipeline between Long Lake and Cheecham, Alberta at reduced operating pressure, and the return to full service of the Athabasca Pipeline (Line 19) between Fort McMurray and Cheecham. Line 37 had been shut down June 22 as a result of a release of light synthetic crude oil caused by high rains which led to 1-in-100 year water levels that triggered ground [Read more]

Renegade Petroleum Ltd. Announces a Reduction in the Dividend, Closing of a $19 Million Non-Core Asset Disposition, Confirmation of 2013 Production Guidance and an Operational Update

CALGARY, ALBERTA--(Marketwired - July 11, 2013) - Renegade Petroleum Ltd. ("Renegade" or the "Company") (TSX VENTURE:RPL), a light oil focused exploration and production company with assets located in Saskatchewan, Alberta, Manitoba and North Dakota, is pleased to provide an update on the Company's on-going strategic review process and the work the special committee and the board has done to increase Renegade's financial flexibility and strengthen its balance sheet. The board has [Read more]

Victory Nickel Set to Begin Development of Seven Persons Frac Sand Plant

TORONTO, ONTARIO--(Marketwired - July 11, 2013) - Victory Nickel Inc. ("Victory Nickel" or the "Company") (TSX:NI) (www.victorynickel.ca) today announced that the required approval from the Alberta Energy Regulator ("AER," the successor to the Energy Resources Conservation Board) - has been received. The AER approval allows development of the 400,000 ton per annum ("tpa") Seven Persons frac sand processing facility just southwest of Medicine Hat, Alberta (the "7P Facility"). AER approval [Read more]

Strategic Oil & Gas Ltd. Announces Material Growth in Reserves and Muskeg Stack Resource Recognition

CALGARY, ALBERTA--(Marketwired - July 10, 2013) - STRATEGIC OIL & GAS LTD. (TSX VENTURE:SOG) ("Strategic" or the "Company") is pleased to announce the results of a full reserves evaluation of Strategic's assets and a resource assessment of the Muskeg Stack on a portion of the Company's assets at Steen River, as of June 1, 2013, prepared by the Company's independent reserve engineering firm, McDaniel & Associates Consultants Ltd. ("McDaniel"). The reports show continued corporate reserves growth [Read more]

Anderson Energy Ltd. Confirms Extension of Credit Facility

CALGARY, ALBERTA--(Marketwired - July 11, 2013) - Anderson Energy Ltd. ("Anderson" or the "Company") (TSX:AXL) confirms that pursuant to the recent borrowing base review of its existing credit facilities, the borrowing base was confirmed at the current level of $65 million. The maturity date of the credit facilities was extended to September 30, 2013 as the Company continues its process to identify, examine and consider a range of strategic alternatives with a view to enhancing shareholder [Read more]

Aroway Energy Inc. Increases Kirkpatrick Lake Production

CALGARY, ALBERTA--(Marketwired - July 10, 2013) - AROWAY ENERGY INC. (TSX VENTURE:ARW)(OTCQX:ARWJF) (www.arowayenergy.com) (the "Company") is pleased to report increased production at its 100% owned and operated Kirkpatrick Lake property. Aroway Energy Inc. received approval from the Alberta Energy Regulator in the form of a Special MRL (Maximum Rate Limitation) to increase production from the previously announced restricted production rate of 50 bbls per day to 240 bbls per day (40.0 m3/d/well) [Read more]

Terra Energy Closes on Sale of Remaining Montney Assets

CALGARY, ALBERTA--(Marketwired - July 9, 2013) - Terra Energy Corp. ("Terra" or the "Company") (TSX:TT) is pleased to announce that the Company has closed on the sale of the balance of its Montney assets in northeast British Columbia to Crew Energy Inc. ("Crew") for gross cash proceeds of $36 million. This is the final stage of a three part transaction with Crew involving the sale by the Company of its Montney assets in northeast British Columbia for combined gross proceeds of $78 [Read more]

Crew Energy Announces Closing the Acquisition of British Columbia Montney Acreage

CALGARY, ALBERTA--(Marketwired - July 9, 2013) - Crew Energy Inc. ("Crew" or the "Company") (TSX:CR) of Calgary, Alberta is pleased to announce that it has closed the acquisition of the third tranche of Montney acreage in British Columbia for a purchase price of $35.2 million. Third Tranche Highlights Acquisition of 81 sections of highly prospective Montney acreage proximate to Crew's existing 292 sections. The 18 section portion in the [Read more]