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News

Natural gas storage builds 88 Bcf, in-line with estimates

May 9, 20138:48 AM BOE Report Staff

Working gas in storage was 1,865 Bcf as of Friday, April 26, according to EIA estimates. This represents a change of +88 Bcf; in-line with estimates of ~+89 Bcf. [table] [attr style="width: 25%"]`[attr style="width: 25%"]May 3`[attr style="width: 25%"]April 26`[attr style="width: 25%"]Change East`756`704`+52 West`344`339`+5 Producing`765`734`+31 Total`1,865`1,777`+88 [/table] Source: EIA [Read more]

Sure Energy Announces First Quarter 2013 Financial and Operating Results

May 9, 20137:31 AM Marketwired

CALGARY, ALBERTA--(Marketwired - May 9, 2013) - Sure Energy Inc. ("Sure Energy" or the "Company") (SHR.TO) today announced its financial and operating results for the quarter ended March 31, 2013. The Company's MD&A, Financial Statements and Notes, and AIF can be viewed or downloaded atwww.sureenergyinc.com or www.sedar.com. During the first quarter of 2013, Sure Energy accomplished the following: Secured all approvals and permits to modify its battery and add water disposal at its [Read more]

Sure Energy

Whitecap announces increase to credit facilities

May 9, 20137:07 AM CNW

Whitecap Resources Inc.

CALGARY, May 9, 2013 /CNW/ - Whitecap Resources Inc. ("Whitecap", "we", "our" or the "Company") (TSX:WCP.TO) is pleased to announce that based on the annual borrowing base review, our lenders have agreed to increase our credit facility 16 percent to $520 million from the previous $450 million. The increase does not include our recent Dodsland Viking light oil acquisition announced on April 29, 2013 and reflects the high quality nature of our assets and their ability to generate considerable cash [Read more]

Whitecap Resources

Crescent Point Energy Corp. Announces First Quarter 2013 Results and Upwardly Revised 2013 Production Guidance and Capital Expenditures

May 9, 20137:06 AM Marketwired

Crescent Point

CALGARY, ALBERTA--(Marketwired - May 9, 2013) - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (CPG.TO) is pleased to announce its operating and financial results for the quarter ended March 31, 2013. The Company also announces that its unaudited financial statements and management's discussion and analysis for the quarter ended March 31, 2013, will be available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.comand on Crescent Point's website [Read more]

Veren

Baytex Reports First Quarter 2013 Results

May 9, 20137:04 AM Marketwired

Baytex Energy

CALGARY, ALBERTA--(Marketwired - May 9, 2013) - Baytex Energy Corp. ("Baytex") (BTE.TO) (BTE) reports its operating and financial results for the three months ended March 31, 2013 (all amounts are in Canadian dollars unless otherwise noted). Commenting on the results, James Bowzer, President and Chief Executive Officer of Baytex, said "Our operational execution remains on track. Production during the first quarter was consistent with our expectations and previous guidance and our 2013 [Read more]

Baytex Energy

Crocotta Energy Inc.: Q1 2013 Financial and Operating Results

May 9, 20137:03 AM Marketwired

CALGARY, ALBERTA--(Marketwired - May 9, 2013) -CROCOTTA ENERGY INC. (CTA.TO) is pleased to announce its financial and operating results for the three months ended March 31, 2013, including condensed interim consolidated financial statements, notes to the condensed interim consolidated financial statements, and Management's Discussion and Analysis. All dollar figures are Canadian dollars unless otherwise noted. HIGHLIGHTS Increased production 31% to 8,836 boe/d in Q1 2013 from 6,752 boe/d [Read more]

Crocotta Energy

Santonia Announces First Quarter 2013 Results

May 9, 20137:02 AM Marketwired

CALGARY, ALBERTA--(Marketwired - May 9, 2013) - Santonia (STE.TO) is pleased to provide this summary of its financial and operating results for the first quarter of 2013. A complete copy of the Company's consolidated interim financial statements for the three months ended March 31, 2013, along with management's discussion and analysis in respect thereof will be filed on SEDAR and is available on the Company's website atwww.santoniaenergy.com. HIGHLIGHTS Three months ended [Read more]

Santonia Energy

Surge Energy Inc. announces management changes, private placement and sale of non-core assets

May 9, 20137:01 AM CNW

Surge Energy Inc. logo

CALGARY, May 8, 2013 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX:SGY.TO) is pleased to announce certain senior management changes, effective immediately, a private placement of up to $2.5 million, and the sale of certain non-core, non-operated assets for proceeds of approximately US$42.75 million. MANAGEMENT CHANGES: The Board of Directors of Surge ("Board") is pleased to announce that they have unanimously agreed to appoint Mr. Paul Colborne as the President and CEO of Surge, [Read more]

Surge Energy

Rock Energy Inc. Announces Q1 2013 Results, and Revises Production Guidance Upward

May 9, 20137:00 AM Marketwired

CALGARY, ALBERTA--(Marketwired - May 8, 2013) - Rock Energy Inc. (RE.TO) ("Rock" or the "Company") is pleased to report its financial and operating results for the three months ended March 31, 2013. Rock is a Calgary-based crude oil exploration, development and production company. Rock has filed its unaudited condensed interim Consolidated Financial Statements for the period ended March 31, 2013 and related Management's Discussion and Analysis ("MD&A"). Copies of Rock's materials may be [Read more]

Rock Energy

Enbridge sees few obstacles to expand Alberta-Wisconsin oil pipeline

May 8, 20138:53 PM BOE Report Staff

CALGARY – Enbridge Inc. is seeking U.S. approval to pump more crude through an Alberta-to-Wisconsin pipeline — a process the company expects will be easier than the one TransCanada Corp. is facing with its Keystone XL pipeline. “I think I’d point out that this is a little bit of a different situation,” Enbridge CEO Al Monaco told analysts on a conference call Wednesday to discuss the company’s first-quarter results. “We’re talking about a relatively limited amount of work here from an [Read more]

Enbridge Northern Gateway

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