BOE Report

Pinecrest Energy Inc. Announces the Appointment of a New Director, Increase and Syndication of Its Credit Facility and The Adoption of Advance Notice By-Law

CALGARY, ALBERTA--(Marketwired - May 6, 2013) -Pinecrest Energy Inc. ("Pinecrest" or the "Company") (TSX VENTURE:PRY) announces the appointment of Howard Crone as a director of the Company, the increase of its now syndicated credit facility to $165 million and the adoption of an advance notice bylaw (the "Bylaw"). Appointment of a New Director The board of directors (the "Board") has appointed Mr. Howard Crone to serve as a member of the Board. Mr. Crone will serve as a member of the [Read more]

Sonde Resources Corp. Announces Joint Oil Approval of the Farm-Out to Viking and First Quarter 2013 Financial and Operating Results

CALGARY, ALBERTA--(Marketwired - May 6, 2013) - Sonde Resources Corp. ("Sonde" or the "Company") (SOQ.TO) (NYSE MKT:SOQ) announced today that the Company has received Joint Oil's approval to farm-out the Joint Oil Block to Viking Exploration and Production Tunisia Limited ("Viking"), a private company. The conditions to this approval and amended commercial terms of the farm-out agreement are described below. In addition, the Company released its financial and operating results for the first [Read more]

RMP Energy Announces Increased Bank Line

CALGARY, ALBERTA--(Marketwired - May 6, 2013) - RMP Energy Inc. ("RMP" or the "Company") (RMP.TO) is pleased to report that based on the annual review of the borrowing base associated with the Company's committed, extendible revolving bank credit facility, the two-bank lending syndicate (the "Lenders") has increased the credit facility to $140 million from $110 million, a 27% increase. The credit facility represents the maximum amount that can be borrowed by RMP and is primarily based on the [Read more]

Arsenal Energy Releases Q1 Results and Announces Dividend Plans

CALGARY, ALBERTA--(Marketwired - May 6, 2013) - Arsenal Energy Inc. ("Arsenal") (AEI.TO) (AEYIF) is pleased to release its 2013 Q1 results. Funds from operations for Q1 was up 5% compared to Q1 2012. Expectations were for a larger increase but price differentials for the Company's Alberta medium gravity oil production were wider than expected during the quarter. For the second quarter those differentials have returned to historical levels. Assuming that the differentials remain at current [Read more]

Lone Pine Resources Announces Shale Gas Land Continuation at Pointed Mountain in the Liard Basin

CALGARY, ALBERTA--(Marketwired - May 6, 2013) - Lone Pine Resources Inc. ("Lone Pine" or the "Company") (LPR) (LPR.TO) today announced that the National Energy Board of Canada (the "National Energy Board") has granted the Company a Commercial Discovery Declaration ("CDD") for natural gas resources contained within the Upper and Lower Besa River shale intervals located in the Pointed Mountain area of the Liard Basin in the Northwest Territories. Lone Pine had previously submitted an application [Read more]

Insignia Energy Ltd. Announces Receipt of Proposal for Going Private Transaction

CALGARY, ALBERTA--(Marketwired - May 6, 2013) - Insignia Energy Ltd. ("Insignia" or the "Company") (ISN.TO) today announced that the independent members of the board of directors of the Company have received a proposal (the "Proposal") from Brookfield Capital Partners Ltd. ("Brookfield") to privatize Insignia. Under the Proposal, all shareholders of Insignia, other than those participating in the Proposal, would receive $1.35 cash for each of their common shares of Insignia ("Common Shares"). [Read more]

Sonde Resources Corp. Announces Retirement of President and Chief Executive Officer

CALGARY, ALBERTA--(Marketwired - May 3, 2013) - Sonde Resources Corp. ("Sonde" or the "Company") (SOQ.TO) (NYSE MKT:SOQ) announced today that Jack Schanck, President and Chief Executive Officer, has formally notified the Board of Directors of his intention to retire from Sonde for personal reasons. Mr. Schanck's retirement is effective on the earlier of June 30, 2013 and the appointment of a successor to the position of President and Chief Executive Officer. Mr. Schanck will also be retiring [Read more]

Advantage Acquires Securities of Questfire Energy Corp.

CALGARY, ALBERTA--(Marketwired - May 2, 2013) - On April 30, 2013, Advantage Oil & Gas Ltd. (AAV.TO)(AAV)("Advantage") directly acquired ownership and control of an aggregate of 1,500,000 class B shares ("Class B Shares") of Questfire Energy Corp. ("Questfire"), representing approximately 73% of the total issued and outstanding Class B Shares of Questfire and approximately 10.1% of the voting rights attached to the Class A shares of Questfire ("Class A Shares") and Class B Shares. In [Read more]

RedWater Announces Financial and Operating Results for the Twelve Months Ended December 31, 2012

OKOTOKS, ALBERTA--(Marketwired - May 2, 2013) -RedWater Energy Corp. ("RedWater") (TSX VENTURE:RED) is pleased to report financial and operating results for the three and twelve month periods ended December 31, 2012. RedWater's interim condensed financial statements and related management's discussion and analysis for the three and twelve months ended December 31, 2012 have been filed and are available on the SEDAR website at www.sedar.com and may also be obtained on RedWater's website [Read more]

Canadian Natural Resources Limited Announces 2013 First Quarter Results

CALGARY, ALBERTA--(Marketwired - May 2, 2013) - Canadian Natural Resources Limited (TSX:CNQ) (NYSE:CNQ) Commenting on first quarter results, Steve Laut, President of Canadian Natural stated, "Overall this has been an excellent start to the year for Canadian Natural. Operationally it was a successful quarter, with record quarterly production of approximately 681,000 barrels of oil equivalent per day nearing the top end of our guidance and driven by record liquids production of approximately [Read more]