BOE Report

Arsenal Energy Inc. Announces Increased Credit Facility

CALGARY, ALBERTA--(Marketwired - May 22, 2013) -Arsenal Energy Inc. ("Arsenal" or the "Company") (AEI.TO)(AEYIF) is pleased to announce that as a result of its year end reserve evaluation and Q1, 2013 activity, Arsenal's banking syndicate has increased its credit facility from $85 to $90 million effective immediately. Arsenal is currently $63.9 million drawn on the facility. The Company's next review date is scheduled for Nov 30, 2013. Arsenal has a capital management policy targeting the [Read more]

Paramount Resources Ltd. Completes Previously Announced Share Offering for Gross Proceeds of $151 Million

Paramount Resources Ltd. Completes Previously Announced Share Offering for Gross Proceeds of $151 Million CALGARY, ALBERTA--(Marketwired - May 22, 2013) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Paramount Resources Ltd. (TSX:POU) ("Paramount") has completed its previously announced public offering of 4,025,000 Class A Common Shares ("Common Shares") through a syndicate of underwriters at a price of $37.50 per share for gross proceeds of [Read more]

Yoho Resources Inc. Announces Fiscal Q2 Financial Results and Updated Duvernay and Montney Reserves and Contingent Resource Evaluations

CALGARY, ALBERTA--(Marketwired - May 22, 2013) -Yoho Resources Inc. (TSX VENTURE:YO) ("Yoho" or the "Company") has filed today on SEDAR the financial statements for the six months ended March 31, 2013 and the related managements' discussion and analysis ("MD&A"). Copies of these documents may be found on www.sedar.com. Yoho is also pleased to announce the results of updated reserve and contingent resource assessments of the Company's Kaybob Duvernay assets and certain of the Company's Nig [Read more]

Toscana Energy Income Corporation Announces $15.0 Million Bought Deal Financing and $5.0 Million Private Placement Financing

CALGARY, ALBERTA--(Marketwired - May 21, 2013) - THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR TO ANY UNITED STATES NEWS SERVICES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW. Toscana Energy Income Corporation ("Toscana Energy" or the "Company") (TSX VENTURE:TEI) is pleased to announce that it has entered into an agreement with a syndicate of underwriters (the "Underwriters") led by National Bank Financial Inc. and [Read more]

Tuscany Energy Ltd. and Diaz Resources Ltd. Announce Execution of Definitive Agreement for Proposed Business Combination

CALGARY, ALBERTA--(Marketwired - May 17, 2013) - Tuscany Energy Ltd. ("Tuscany") (TSX VENTURE:TUS) and Diaz Resources Ltd. ("Diaz") (TSX VENTURE:DZR) are pleased to jointly announce that they have entered into a definitive arrangement agreement in connection with a proposed business combination (the "Transaction") whereby Tuscany will acquire, subject to certain conditions, all of Diaz's issued and outstanding common shares on the basis of 0.31 of a common share of Tuscany for each one (1) Diaz [Read more]

Crown Point Announces Passing of Director and Officer

CALGARY, ALBERTA--(Marketwired - May 16, 2013) -Crown Point Energy Inc. (TSX VENTURE:CWV) ("Crown Point" or "the Company") announces with much regret and profound sadness the sudden death due to complications from a surgical procedure of Dr. Mateo Turic, the President and Chief Executive Officer of Crown Point Oil & Gas S.A., the Argentine subsidiary of the Company, and a director of Crown Point. Dr. Turic had been with Crown Point Oil & Gas S.A. since 2007 and was a valued member of [Read more]

Traverse Energy Announces 2013 First Quarter Results

CALGARY, ALBERTA--(Marketwired - May 16, 2013) - Traverse Energy Ltd. ("Traverse" or "the Company") (TSX VENTURE:TVL) presents financial and operating results for the three months ended March 31, 2013. Three Months Ended Highlights (unaudited) March 31, 2013 December 31, 2012 March 31, 2012 Financial ($ thousands, except per share amounts) Petroleum and natural gas revenue $ 1,464 $ 1,588 $ 979 Royalty [Read more]

Delphi Energy Reports Financial and Operational Results for First Quarter 2013

CALGARY, ALBERTA--(Marketwired - May 15, 2013) - Delphi Energy Corp. ("Delphi" or the "Company") (DEE.TO) is pleased to announce its financial and operational results for the quarter ended March 31, 2013. First Quarter 2013 Highlights produced an average of 7,520 barrels of oil equivalent per day ("boe/d") despite production downtime at third-party facilities to the extent of approximately 700 boe/d; increased funds from operations by 49 percent for the quarter ended March 31, 2013, [Read more]

Shoreline Energy Corp. Announces First Quarter Results, Record Revenue, $34 Million Increase to Reserve Value and Current Production Exceeding 2200 BOED

CALGARY, ALBERTA--(Marketwired - May 15, 2013) - Shoreline Energy Corp. ("Shoreline" or the "Company") is pleased to announce financial and operating results from the first quarter of 2013. The Company generated record revenue of $6.5 million during the quarter as a direct result of wells drilled during Shoreline's successful 2012 drilling program and through recent acquisitions. During the quarter, total proved plus probable reserve value increased to over $141 million upon the Company's fourth [Read more]

Birchcliff Energy Ltd. Announces Strong First Quarter Results, Increased Production Guidance, 2013 Budget Increase and Operational Update

CALGARY, ALBERTA--(Marketwired - May 15, 2013) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Birchcliff Energy Ltd. ("Birchcliff") (BIR.TO) is pleased to announce its strong financial and operational results for the first quarter of 2013 with a continued decrease in per unit cash costs, an increase in its credit facilities, an increase of its 2013 budget, an increase in fourth quarter and exit production guidance, a Phase IV expansion [Read more]