BOE Report

Bonavista Energy Corporation Announces 2013 First Quarter Results

CALGARY, ALBERTA--(Marketwired - May 2, 2013) -Bonavista Energy Corporation ("Bonavista") (BNP.TO) is pleased to report to shareholders its condensed consolidated interim financial and operating results for the three months ended March 31, 2013. The unaudited financial statements and notes, as well as management's discussion and analysis, are available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at http://www.sedar.com and on Bonavista's website [Read more]

TransCanada to Develop the Heartland Pipeline and Terminal Facilities in Central Alberta

CALGARY, ALBERTA--(Marketwired - May 2, 2013) -TransCanada Corporation (TRP.TO) (TRP) (TransCanada) announced today that it has reached binding long-term shipping agreements to build, own and operate the proposed Alberta-based Heartland Pipeline and TC Terminals projects. The proposed projects are being developed to support growing crude oil production in Alberta and will include the 200-kilometre (125-mile) pipeline connecting the Edmonton region to facilities in Hardisty, Alberta and a [Read more]

PetroBakken Announces April Production of Approximately 48,000 Boepd and First Quarter Funds Flow from Operations of $177 Million

CALGARY, ALBERTA--(Marketwired - May 1, 2013) -PetroBakken Energy Ltd. (the "Company" or "PetroBakken") (PBN.TO) is pleased to provide an operations update and to announce our first quarter financial and operating results. FIRST QUARTER FINANCIAL & OPERATING HIGHLIGHTS First quarter production averaged 49,078 barrels of oil equivalent per day ("boepd") (82% light oil and liquids), a 4% increase over the fourth quarter of 2012. Our operating netback for the first quarter was [Read more]

Pengrowth Reaffirms Full Year Guidance and Reports Solid First Quarter Results With Continued Progress on Differentiated Strategy

CALGARY, ALBERTA--(Marketwired - May 1, 2013) - Pengrowth Energy Corporation (PGF.TO) (PGH) today announced financial and operating results for the first quarter of 2013 that highlighted continued progress in its drive to become a long term sustainable, dividend paying, energy producer. "We are delighted with the results of our Cardium winter drilling program, the positive investor support for our niche thermal strategy and its associated sustainable financial model and the Lindbergh pilot, [Read more]

TransCanada Seeks Change to NEB Mainline Tolls Decision

CALGARY, ALBERTA--(Marketwired - May 1, 2013) -TransCanada Corporation (TRP.TO) (TRP) (TransCanada) today filed an application with the National Energy Board (NEB) for review and variance of the NEB's decision released March 27, 2013 related to TransCanada's 2012-2013 restructuring proposal for tolls and service on the Canadian Mainline. Although the NEB approved all of TransCanada's 2012/13 costs and some of TransCanada's proposed changes to its services, the 257-page decision has created a [Read more]

Alberta Star Announces Approval of Normal Course Issuer Bid

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 1, 2013) - Alberta Star Development Corp. (TSX VENTURE:ASX)(ASXSF)(FRANKFURT:QLD) (the "Company"), announces today that it has received approval from the TSX Venture Exchange (the "Exchange") for its previously announced normal course issuer bid (the "Bid"). Pursuant to the Bid, the Company will purchase for cancellation, from time to time, as it considers advisable, up to 1,800,000 of its issued and outstanding common shares, being approximately [Read more]

Enbridge Launches Online Pipeline Emergency Training for First Responders

CALGARY, ALBERTA and HOUSTON, TEXAS--(Marketwired - May 1, 2013) - Enbridge Inc. (ENB) (ENB.TO) (Enbridge) and Enbridge Energy Partners, L.P. (EEP) (the Partnership) today announced the successful launch of an online portal to offer free, customized pipeline emergency training to first responder organizations located along Enbridge's and the Partnership's more than 50,000 miles of onshore pipelines comprising several pipeline systems in the United States and Canada. The program material is [Read more]

Storm Resources Ltd. Announces Closing of $23.7 Million Bought Deal Financing and $5.6 Million Non-Brokered Financing

CALGARY, ALBERTA--(Marketwired - May 1, 2013) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS. STORM RESOURCES LTD. ("Storm") (TSX VENTURE:SRX) is pleased to announce that it has completed its previously announced bought deal financing for aggregate gross proceeds of $23,650,400 (the "Bought Deal Financing"). Pursuant to the Bought Deal Financing, [Read more]

Questfire Energy Corp. Announces Closing of Purchase of Oil and Gas Assets

CALGARY, ALBERTA--(Marketwired - April 30, 2013) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Questfire Energy Corp. ("Questfire" or the "Company") (TSX VENTURE:Q.A) (TSX VENTURE:Q.B) is pleased to announce that it has closed its previously announced Purchase and Sale Agreement to acquire conventional producing assets from Advantage Oil & Gas Ltd. for total consideration consisting of $40.2 million of cash, $32.6 million of senior [Read more]

Trilogy Energy Corp. Announces Financial and Operating Results for the Three Months-Ended March 31, 2013

CALGARY, ALBERTA--(Marketwired - April 30, 2013) - Trilogy Energy Corp. (TET.TO) ("Trilogy") is pleased to announce its financial and operating results for the three months-ended March 31, 2013. FINANCIAL AND OPERATING HIGHLIGHTS Reported sales volumes for the first quarter of 2013 averaged 36,119 Boe/d compared to 35,014 Boe/d for the previous quarter and 31,012 Boe/d for the same period in 2012, representing a 3 percent and 16 percent increase, respectively, in production. Oil sales [Read more]