BOE Report

Tourmaline Oil Corp. Announces Q1 2013 Financial Results: Continues Record Profitable Growth

CALGARY, ALBERTA--(Marketwired - May 8, 2013) -Tourmaline Oil Corp. (TOU.TO) ("Tourmaline" or the "Company") is pleased to announce results for the three months ended March 31, 2013 and provide an update on its 2013 EP program. Q1 2013 Highlights Production for the first quarter of 2013 averaged 68,636 boepd - a 47% increase over Q1 2012 and a 20% increase over the fourth quarter of 2012. Record after-tax earnings for the quarter of $52.2 million compared to $3.0 million for the first [Read more]

Angle Energy Inc. Announces 2013 First Quarter Results

CALGARY, ALBERTA--(Marketwired - May 8, 2013) -Angle Energy Inc. ("Angle" or the "Company") (NGL.TO) today announced the financial and operating results for the three months ended March 31, 2013. The Company has filed its interim consolidated financial statements and related management's discussion and analysis ("MD&A") for the period ended March 31, 2013 onwww.sedar.com and www.angleenergy.com. Operational and financial highlights for the first quarter of 2013 are noted below and should [Read more]

Enbridge to Invest $1.2 Billion in Enbridge Energy Partners Through Preferred Unit Private Placement

CALGARY, ALBERTA and HOUSTON, TEXAS--(Marketwired - May 8, 2013) - Enbridge Inc. (ENB.TO)(ENB) ("Enbridge") and Enbridge Energy Partners, LP (EEP) ("EEP" or the "Partnership") today announced that they have entered into an agreement whereby Enbridge will invest $1.2 billion in preferred units issued by EEP, and which is expected to close later today. Additionally, EEP expects to exercise its options to pare down its economic interests in the Lakehead system expansions of both the Eastern [Read more]

Talisman Energy Announces Agreement to Exit Poland

CALGARY, ALBERTA--(Marketwired - May 8, 2013) - Talisman Energy Inc. (TLM.TO) (TLM) Talisman Energy Poland B.V. (Talisman) has reached an agreement to transfer its interests in Poland to its partner San Leon Energy (San Leon). San Leon will acquire 100% of the shares of Talisman Energy Polska Sp. z o.o. (100% held by Talisman Energy Poland B.V.), including all assets and drilling equipment. The deal enables Talisman to exit the country with no outstanding commitments or [Read more]

Tamarack Valley Energy Ltd. Announces Record Production and Funds from Operations and Releases 2013 First Quarter Financial and Operating Results

CALGARY, ALBERTA--(Marketwired - May 8, 2013) - Tamarack Valley Energy Ltd. (TSX VENTURE:TVE) ("Tamarack" or the "Company") has filed its unaudited condensed consolidated financial statements for the three months ended March 31, 2013 ("Financial Statements") and management's discussion and analysis ("MD&A") on SEDAR. Selected financial and operational information is outlined below and should be read in conjunction with the Financial Statements, which were prepared in accordance with [Read more]

Long Run Exploration Ltd. Announces First Quarter 2013 Results

CALGARY, ALBERTA--(Marketwired - May 7, 2013) - Long Run Exploration Ltd. ("Long Run" or the "Corporation") (LRE.TO) is pleased to report financial and operational results for the quarter ended March 31, 2013. This represents the first full quarter of operations as Long Run, a significant milestone in the evolution of the Corporation. Long Run aggressively drilled both the Montney and the Viking this quarter, adding more than 3,000 boe per day of production from 2012 fourth quarter exit volumes [Read more]

Paramount Resources Ltd. First Quarter 2013 Results, Sales Volumes Increase 20%, Musreau Deep Cut Facility on Schedule for Late Third-Quarter Commissioning

CALGARY, ALBERTA--(Marketwired - May 7, 2013) -Paramount Resources Ltd. (POU.TO) FIRST QUARTER OVERVIEW Principal Properties Paramount achieved record sales volumes of 23,600 Boe/d in March 2013, the highest since the spin-out of Trilogy in 2005, despite 800 Boe/d of property dispositions and 2,000 Boe/d of third party disruptions. First quarter 2013 sales volumes increased 20 percent from the first quarter of 2012 to 22,591 Boe/d. Kaybob COU sales volumes increased 46 percent to [Read more]

Kelt Reports Financial and Operating Results for the Three Months Ended March 31, 2013

CALGARY, ALBERTA--(Marketwired - May 7, 2013) - Kelt Exploration Ltd. ("Kelt" or the "Company") (KEL.TO) has released its financial and operating results for the three months ended March 31, 2013. Summary of results are as follows: (CA$ thousands, except as otherwise noted) Three months ended March 31, 2013 Revenue, before royalties 3,865 Funds from operations(1) 2,179 Basic ($/common share)(1) 0.09 Diluted ($/common [Read more]

Questerre to Test 15-01 Montney Well After Breakup

CALGARY, ALBERTA--(Marketwired - May 7, 2013) - NOT FOR DISTRIBUTION ON U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. Questerre Energy Corporation ("Questerre" or the "Company") (QEC.TO) (QEC.OL) reported today that its well at 15-01-62-06-W6M ("15-01" or the "Well") in the Kakwa-Resthaven area of west central Alberta will be tested after spring breakup. The planned testing program will involve flow-back and cleanup of the well including over 10,000 barrels of [Read more]

Husky Builds Momentum in the First Quarter of 2013

CALGARY, ALBERTA--(Marketwired - May 7, 2013) - Husky Energy (HSE.TO) continued consistent execution across all business segments as the flexibility of its focused integration strategy delivered strong cash flow and net earnings in the first quarter. "We are achieving important operational milestones as we deliver on our business plan, including the sustained high performance of our heavy oil thermal projects," said CEO Asim Ghosh. "We are making great progress on the Liwan Gas Project in the [Read more]