BOE Report

Atlantic Region Development Plan Approved

CALGARY, ALBERTA--(Marketwired - June 5, 2013) - Husky Energy (TSX:HSE) has received regulatory approval for a development plan amendment for the South White Rose field, the third satellite extension at the White Rose field in the Atlantic Region. The approval marks the latest step in the Company's strategy to maintain stable, high-netback production from the region while laying the foundation for the next stage of growth. The original South White Rose field development plan was approved in [Read more]

Shoreline Energy Corp. Commences Production From High Impact Montney Discovery, Adds 59,000 Net Acres of Land

CALGARY, ALBERTA--(Marketwired - June 5, 2013) - Shoreline Energy Corp. (TSX:SEQ) ("Shoreline" or the "Company") has commenced production from its most recent horizontal Montney oil well on its Valhalla property, as well as the addition of 59,000 net acres of land in its Peace River Arch core area. Montney Project Update The Company announces that its second 100% working interest Montney well is now on stream, producing at between over 500 barrels of oil equivalent since [Read more]

Pine Cliff Energy Ltd. Announces $25,000,000 Marketed Common Share Offering

CALGARY, ALBERTA--(Marketwired - June 4, 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 filed and obtained a receipt for a preliminary short form prospectus (the "Preliminary Prospectus") in connection with a marketed offering of common shares in the capital of Pine Cliff ("Common Shares") for aggregate gross proceeds of approximately [Read more]

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

CALGARY, ALBERTA--(Marketwired - June 4, 2013) - Secure Energy Services Inc. ("Secure" or the "Corporation") (TSX:SES) and its wholly owned subsidiary Marquis Alliance Energy Group Inc. ("Marquis Alliance"), are pleased to announce that they have entered into an agreement to acquire all of the issued and outstanding shares of Target Rentals Ltd. ("Target") for an aggregate purchase price, including assumed debt, of approximately $40.0 million, subject to certain customary closing adjustments [Read more]

GASFRAC Announces Executive Appointments

CALGARY, ALBERTA--(Marketwired - June 4, 2013) - The board of directors of GASFRAC Energy Services Inc. ("GASFRAC") (TSX:GFS) today announced that Jim Hill has been appointed as Chief Executive Officer and Tim O'Rourke has been appointed as Chief Operating Officer. Mr. Hill joined the Company in 2010 as its Chief Financial Officer and has served as Acting CEO since September 2012. Mr. Hill is a chartered accountant with over 30 years' experience as a CFO and in executive management [Read more]

Cancen Announces Appointment of Chairman, Private Placement of Units to CFO and Stock Option Grants

CALGARY, ALBERTA--(Marketwired - June 4, 2013) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S. Cancen Oil Canada Inc. (TSX VENTURE:COI) ("Cancen" or the "Company") a provider of specialized services to the energy sector, is pleased to announce that it has appointed Marvin Jones Chairman of the board of directors (the "Chairman") of the Company (the "Board"). Mr. Jones has been a director of Cancen since October 2011 and has served as the Chairman of the audit [Read more]

Canadian Energy Pipeline Association (CEPA): New Recommended Practice to Improve Pipeline Transmission Performance

CALGARY, ALBERTA--(Marketwired - June 4, 2013) - The Canadian Energy Pipeline Association (CEPA) is pleased to announce a new recommended practice, which demonstrates the firm resolve by the Canadian transmission pipeline industry to continuously improve its performance and to respond to evolving public expectations. The Facility Integrity Management Program Recommended Practice (FIMP) provides guidelines for developing, documenting, and implementing a facilities management program specific to [Read more]

Terra Energy Announces Agreement to Sell Montney Assets for $36 Million

CALGARY, ALBERTA--(Marketwired - June 4, 2013) - Terra Energy Corp. (TSX:TT) ("Terra" or the "Company") is pleased to announce that Crew Energy Inc. ("Crew") has exercised the option to purchase the balance of Terra's Montney assets in northeast British Columbia for a purchase price of $36 million. On February 28, 2013, the Company granted Crew an option to acquire the balance of its unconventional Montney assets located in northeast British Columbia for a purchase price of $36 million, [Read more]

Crew Energy Announces Exercise of Option to Purchase Third Tranche of British Columbia Montney Acreage

CALGARY, ALBERTA--(Marketwired - June 4, 2013) - Crew Energy Inc. ("Crew" or the "Company") (TSX:CR) of Calgary, Alberta is pleased to announce that it has exercised its option to purchase the third tranche of Montney acreage (81 net sections) in northeast British Columbia for a purchase price of $36 million (the "Acquisition"). Crew has the option, 10 days prior to closing, to elect to pay all cash or pay a minimum of $10 million cash with the balance of the consideration payable in common [Read more]

Encana Discloses Environmental, Social and Governance Performance in Annual Corporate Responsibility Report

Report profiles company's efforts in managing risks CALGARY, ALBERTA--(Marketwired - June 3, 2013) - Encana Corporation (TSX:ECA)(NYSE:ECA) has released its 2012 Corporate Responsibility Report, detailing the company's environmental, social and governance (ES&G) performance for the past calendar year. The data in this year's report is structured based on nine overarching ES&G priorities, which the company has identified as key to its success moving forward. Highlights from the [Read more]