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News

Atikwa Announces 2013 Reserves

July 5, 20131:59 PM Marketwired

CALGARY, ALBERTA--(Marketwired - July 5, 2013) - Atikwa Resources Inc. ("Atikwa" or the "Company") (TSX VENTURE:ATK). is pleased to announce that Deloitte LLP ("AJM Deloitte"), an independent engineering and geological consulting firm and a qualified reserves evaluator, has provided Atikwa with an independent NI 51-101 Compliant Reserve Evaluation with an effective date of February 28, 2013 prepared in accordance with the COGE handbook. Net asset value (per share), NPV, future net revenue, do [Read more]

Atikwa Resources

Alexander Energy Ltd. Appoints Chief Operating Officer

July 5, 20131:59 PM Marketwired

CALGARY, ALBERTA--(Marketwired - July 5, 2013) - Alexander Energy Ltd. (TSX VENTURE:ALX) ("Alexander" or the "Company") is pleased to announce the appointment of Ron Peshke P.Eng. as Chief Operating Officer ("COO") of Alexander, replacing David Oginski, P. Eng., who resigned effective July 2, 2013, to pursue other business interests. David Oginski has been the COO of Alexander since the fall of 2012. The board of directors wishes to thank Mr. Oginski for his tenure with Alexander and wish him [Read more]

Pacific NorthWest LNG Applies for Export License

July 5, 20131:58 PM CNW

VANCOUVER, July 5, 2013 /CNW/ - Today Pacific NorthWest LNG applied to the National Energy Board (NEB) for a license to export liquefied natural gas (LNG) from its proposed LNG export facility in Port Edward, British Columbia. Pacific NorthWest LNG has applied for a license to export up to 19.68 million tonnes of LNG per year for 25 years beginning in 2019. "Today's filing for an NEB export license is another important step to bring this tremendous opportunity to reality. We believe the [Read more]

LNG Petronas Progress Energy

Stampede kicks off

July 5, 20138:20 AM BOE Report Staff

  CALGARY – The cleanup carries on but now that the water has receded and the state of emergency cancelled, Calgarians are going to turn their attention to what they do best — throw one heck of a party. The Calgary Stampede kicks off today with its annual parade, a noisy, colourful procession winding through downtown streets that just two weeks ago were submerged beneath muddy floodwaters. Gumboots will give way to cowboy boots as huge crowds gather for the raucous event. It [Read more]

Tourmaline Announces a Major Expansion to the Spirit River/Peace River High Charlie Lake Play

July 4, 20134:40 PM Marketwired

CALGARY, ALBERTA--(Marketwired - July 4, 2013) - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to announce that the Spirit River Charlie Lake oil and gas pool has evolved into a major new hybrid resource play with significant reserve and production upside. This major expansion of the Triassic Charlie Lake play combined with the successful consolidation of the associated prospective land opportunity have created a third major core operating area for the Company, [Read more]

Tourmaline

Penn West Exploration announces the resignation of Mr. Allan Markin

July 4, 20134:37 PM CNW

CALGARY, July 4, 2013 /CNW/ - PENN WEST PETROLEUM LTD. (TSX - PWT) (NYSE - PWE) ("PENN WEST")announces that effective July 5, 2013, Mr. Allan Markin will be stepping down from the Board of Penn West. On behalf of the Board of Directors, Chairman, Mr. Rick George commented "we appreciate the contributions Al has made to Penn West in the time he was on the Board.  We will continue to focus on many of the areas of value enhancement he championed." Penn West continues to progress its transition [Read more]

Penn West

Questerre Energy Corporation: Montney Resource Assessed at Over 130 Million boe With Over 40% Condensate

July 4, 20137:23 AM Marketwired

CALGARY, ALBERTA--(Marketwired - July 4, 2013) - NOT FOR DISTRIBUTION ON U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Questerre Energy Corporation ("Questerre" or the "Company") (TSX:QEC)(OSLO:QEC) announced today the results of the resource assessment of its Montney acreage in the Kakwa-Resthaven area. The best estimate by the Company's independent reserve engineers of Prospective Resources ("PR") is 100 million barrels of oil equivalent and of Economic [Read more]

Bakken Montney Questerre Energy

Egypt Army ousts Morsi

July 3, 20135:35 PM BOE Report Staff

CAIRO (AP) -- Egypt's first democratically elected president was ousted Wednesday by the military after barely a year in office, felled by the same kind of popular revolt that first brought him to power in the Arab Spring. The armed forces announced it would install a temporary civilian government to replace Islamist President Mohammed Morsi, who denounced the action as a "full coup" by the generals. They also suspended the Islamist-drafted constitution and called for new [Read more]

Egypt Political Upheaval to deepen economic crisis

July 3, 20135:34 PM BOE Report Staff

EGYPT POLITICAL UPHEAVAL TO DEEPEN ECONOMIC CRISIS CAIRO (AP) - Egypt's descent into even deeper political turmoil will almost certainly put a multi-billion dollar international bailout on hold and lead to an even more painful economic crisis, with worsening fuel shortages and higher prices on basic goods. After protracted negotiations that have stretched for more than a year, Egypt had been inching closer to securing a critical $4.8 billion International Monetary Fund loan. The [Read more]

Shoreline Energy Corp. Provides Closure on Dios Wattenburg Acquisition

July 3, 20135:31 PM Marketwired

CALGARY, ALBERTA--(Marketwired - July 3, 2013) - NOT FOR DISTRIBUTION IN THE UNITED STATES Shoreline Energy Corp. (TSX:SEQ) ("Shoreline" or the "Company") announced today that as a result of a dispute relating to conveyance of legal title, the $15,700,000 principal payment due June 19, 2013 (as described in notes to Shoreline's first quarter financial results) is no longer required to be paid by Shoreline. As a result, Shoreline has reduced its current debt by $15,700,000. In addition, [Read more]

Shoreline Energy

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