BOE Report

Questerre Energy Corporation: Montney Resource Assessed at Over 130 Million boe With Over 40% Condensate

CALGARY, ALBERTA--(Marketwired - July 4, 2013) - NOT FOR DISTRIBUTION ON U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Questerre Energy Corporation ("Questerre" or the "Company") (TSX:QEC)(OSLO:QEC) announced today the results of the resource assessment of its Montney acreage in the Kakwa-Resthaven area. The best estimate by the Company's independent reserve engineers of Prospective Resources ("PR") is 100 million barrels of oil equivalent and of Economic [Read more]

Shoreline Energy Corp. Provides Closure on Dios Wattenburg Acquisition

CALGARY, ALBERTA--(Marketwired - July 3, 2013) - NOT FOR DISTRIBUTION IN THE UNITED STATES Shoreline Energy Corp. (TSX:SEQ) ("Shoreline" or the "Company") announced today that as a result of a dispute relating to conveyance of legal title, the $15,700,000 principal payment due June 19, 2013 (as described in notes to Shoreline's first quarter financial results) is no longer required to be paid by Shoreline. As a result, Shoreline has reduced its current debt by $15,700,000. In addition, [Read more]

Angle Energy Inc. Announces Review of Strategic Alternatives and Provides Operational Update

CALGARY, ALBERTA--(Marketwired - July 3, 2013) - Angle Energy Inc. ("Angle" or the "Company") (TSX:NGL) today announced the initiation of a broad public process to identify and evaluate strategic alternatives to enhance shareholder value, and provided an update on its second quarter operations. STRATEGIC ALTERNATIVES REVIEW Since 2011, Angle has successfully executed an organic development strategy focusing on the light oil and liquids-rich natural gas assets in its portfolio to [Read more]

DeeThree Exploration Ltd. Announces Appointment of New Independent Director

CALGARY, ALBERTA--(Marketwired - July 3, 2013) - DEETHREE EXPLORATION LTD. ("DeeThree" or the "Company") (TSX:DTX)(OTCQX:DTHRF) today announced that it has appointed Mr. Kevin Andrus as an independent member to its Board of Directors. Mr. Andrus is the Portfolio Manager of Energy Investments with GMT Capital Corp., a private investment company based in Atlanta, Georgia. A graduate of the Masters of Business Administration program from Regis University, Mr. Andrus is also a Chartered [Read more]

Donnycreek Announces Bought Deal Equity Financing of $16.8 Million

CALGARY, ALBERTA--(Marketwired - July 3, 2013) - THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS Donnycreek Energy Inc. ("Donnycreek" or the "Company") (TSX VENTURE:DCK) reports that it has engaged a syndicate of underwriters (the "Underwriters") led by RBC Capital Markets in connection with a bought deal offering (the "Offering") of 8,000,000 common shares of the Company [Read more]

Donnycreek Reports Proved Plus Probable Reserves of 10.45 Million BOE at Kakwa

CALGARY, ALBERTA--(Marketwired - July 2, 2013) - THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS Donnycreek Energy Inc. ("Donnycreek" or the "Company") (TSX VENTURE:DCK) reports the results of its interim independent reserve evaluation of the Middle Montney reservoir on the Company's Kakwa, Alberta property at March 31, 2013 conducted in accordance with the COGE Handbook by [Read more]

Donnycreek Energy Inc.: All Outstanding 10 Percent Convertible Debentures Converted Into Common Shares

CALGARY, ALBERTA--(Marketwired - July 2, 2013) - THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS Donnycreek Energy Inc. ("Donnycreek" or the "Company") (TSX VENTURE:DCK) reports that further to its election to redeem all of its outstanding ten percent (10%) redeemable, convertible, unsecured debentures due June 15, 2014 ("Convertible Debentures") with such redemption to be effected on [Read more]

Secure Energy Services Inc. Announces Closing of the Acquisition of Target Rentals Ltd.

CALGARY, ALBERTA--(Marketwired - July 2, 2013) - Secure Energy Services Inc. ("Secure" or the "Corporation") (TSX:SES) and its wholly owned subsidiary Marquis Alliance Energy Group Inc. ("Marquis Alliance"), announced today that they have completed the previously announced acquisition of all of the issued and outstanding shares of Target Rentals Ltd. ("Target") for an aggregate purchase price of $39.8 million. The purchase price, after closing adjustments, was paid with $21.0 million in cash and [Read more]

Long Run Exploration Ltd. Provides Operational Update, Announces Management Changes, and Resource Assessment Findings

CALGARY, ALBERTA--(Marketwired - July 2, 2013) - Long Run Exploration Ltd. ("Long Run" or "the Company") (TSX:LRE) is pleased to provide an update on the Company's operations, an addition to the Long Run management team, and details of a recently completed resource assessment. Operational Update Long Run's current production is approximately 24,250 boe per day, including approximately 10,750 barrels per day of crude oil, 1,550 barrels per day of NGLs, and 71.7 million cubic feet of gas per [Read more]

Bonterra Energy Corp. Announces Exercise of Over-Allotment Option and Completion of $27.6 Million Bought Deal Financing

CALGARY, ALBERTA--(Marketwired - July 2, 2013) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA Bonterra Energy Corp. (Bonterra) (www.bonterraenergy.com) (TSX:BNE) announces that it has closed its recently announced bought deal financing of 553,725 common shares ("Common Shares"), which includes the exercise in full of the over-allotment option of 72,225 Common Shares, at $49.85 per Common Share for aggregate gross proceeds of [Read more]