http://www.dailyoilbulletin.comCanada's latest Oil and Gas industry newsen-caCopyright JuneWarren-Nickle's Energy Group. 2012 All rights reserved.Wed, 16 May 2012 12:00:00 MDTOil and GasEnergyhttp://www.dailyoilbulletin.com/graphics/doblogo.gifhttp://www.dailyoilbulletin.comCanada's leader in Oil and Gas informationLiquefied natural gas export projects that position themselves on the West Coast of Canada or the United States can greatly assist Asian companies seeking to diversify their LNG supply requirements, according to Ziff Energy Group.http://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0005%2Ehtmlhttp://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0005%2EhtmlWed, 16 May 2012 12:00:00 MDTNatural Gashttp://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0006%2Ehtmlhttp://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0006%2EhtmlWed, 16 May 2012 12:00:00 MDTPricesOilAfter 2011's highest-ever levels of production, cash flow and reserves in company history, everything is going very well for Baytex Energy Corp. and it will immediately start looking for another chief executive officer, the company's annual general meeting heard yesterday.http://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0025%2Ehtmlhttp://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0025%2EhtmlWed, 16 May 2012 12:00:00 MDTDrillingHeavy Oil & OilsandsHeavy oil opportunity and more...http://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0032%2Ehtmlhttp://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0032%2EhtmlWed, 16 May 2012 12:00:00 MDTAsset Sales and AcquisitionsWith a new corporate focus on heavy oil exploration and development, Rock Energy Inc. is well positioned to take the next step in rebuilding the company as an oil producer after selling off its Elmworth natural gas assets, shareholders heard Tuesday.http://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0015%2Ehtmlhttp://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0015%2EhtmlWed, 16 May 2012 12:00:00 MDTConstructionFinancial ResultsMontney Rights For Sale or Farmouthttp://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0007%2Ehtmlhttp://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0007%2EhtmlWed, 16 May 2012 12:00:00 MDTAsset Sales and Acquisitionshttp://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0008%2Ehtmlhttp://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0008%2EhtmlWed, 16 May 2012 12:00:00 MDTNatural GasEnvironmentInternationalFor Sale Or Farmout In The Long Coulee Area, Twp 14, Rge 22, W4M: Section 19, PNG Rights Surface to Basement, expiring January 11, 2013.http://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0009%2Ehtmlhttp://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0009%2EhtmlWed, 16 May 2012 12:00:00 MDTAsset Sales and AcquisitionsLand AccessPetroGlobe Inc. has entered into a farmout and option agreement in the Red Earth area of Alberta with an experienced Slave Point operator.http://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0010%2Ehtmlhttp://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0010%2EhtmlWed, 16 May 2012 12:00:00 MDTLand AccessOn April 30, 2012, X-Treme Energy Group Inc. (the "Company") was placed into receivership. Ernst & Young Inc. was appointed the Company's receiver and manager ("Receiver") pursuant to an order issued by the Court of the Queen's Bench of Alberta (the "Court"). Accordingly, the Receiver is offering for sale all of the assets (the "Assets") of the company on an "as is, where is" basis (the "Sale Process").http://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0011%2Ehtmlhttp://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0011%2EhtmlWed, 16 May 2012 12:00:00 MDTAsset Sales and AcquisitionsWhile always a concern, the prospect of excess pumping capacity in the United States is not keeping executives at Calfrac Well Services Ltd. awake at night, largely because the pressure-pumper made a strategic choice to stay out of some U.S. plays, its chief executive said yesterday.http://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0020%2Ehtmlhttp://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0020%2EhtmlWed, 16 May 2012 12:00:00 MDTService and SupplyArrive early for the SPE Heavy Oil Conference to attend training courses by these leading experts. Courses are held on Monday, 11 June. Visit the website for more details and to register.http://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0012%2Ehtmlhttp://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0012%2EhtmlWed, 16 May 2012 12:00:00 MDTCourses and ConferencesXtreme Drilling and Coil Services Corp. booked higher earnings in the first quarter, posting 35 per cent more operating days than in last year's comparable period (see table).http://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0013%2Ehtmlhttp://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0013%2EhtmlWed, 16 May 2012 12:00:00 MDTFinancial ResultsYou are cordially invited to attend a breakfast at the Calgary Petroleum Club on Thursday, May 24, 2012 at 7:30 am with special guest:http://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0014%2Ehtmlhttp://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0014%2EhtmlWed, 16 May 2012 12:00:00 MDTMeeting NoticeAfter reducing it earlier this year, Celtic Exploration Ltd. has increased its planned 2012 capital expenditure program to $322 million, up seven per cent from its previous budget of $300 million, mostly to construct a gas plant at Kaybob.http://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0030%2Ehtmlhttp://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0030%2EhtmlWed, 16 May 2012 12:00:00 MDTFinancial ResultsSinopec Daylight Energy Ltd. is currently seeking qualified individuals for the following positions:http://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0016%2Ehtmlhttp://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0016%2EhtmlWed, 16 May 2012 12:00:00 MDTEmploymentSouthwestern Alberta light oil development prospect available for farm-in for non convertible GOR.http://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0017%2Ehtmlhttp://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0017%2EhtmlWed, 16 May 2012 12:00:00 MDTLand AccessFacing "headwinds" created by low natural gas prices, Enerplus Corporation has already taken some measures to improve its finances and may see reduced capital spending, growth rates and dividends in the future, but its Marcellus gas still has value that's worth preserving, its annual general meeting heard last week.http://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0022%2Ehtmlhttp://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0022%2EhtmlWed, 16 May 2012 12:00:00 MDTFinancial ResultsGenesis Executive Search has partnered with a well-respected, senior E&P company to find a proven leader who can execute an established reservoir management plan that includes stewardship of 75,000+ Boed and approximately 20 staff.http://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0024%2Ehtmlhttp://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0024%2EhtmlWed, 16 May 2012 12:00:00 MDTEmploymentA trend to longer horizontal wells is driving an increase in the size of fracturing jobs in Western Canada, benefiting oilfield service companies like Canyon Services Group Inc.http://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0018%2Ehtmlhttp://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0018%2EhtmlWed, 16 May 2012 12:00:00 MDTFinancial ResultsPARCEL 1: Section 9-10-29WPM, P&NG, 100% interest, surrounding wells produce light oil from the Bakken and Mississippian zones.http://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0019%2Ehtmlhttp://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0019%2EhtmlWed, 16 May 2012 12:00:00 MDTAsset Sales and AcquisitionsLand AccessGASFRAC Energy Services, Inc. reported big increases in revenue and cash flow in the first quarter, although its net loss also rose (see tables).http://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0023%2Ehtmlhttp://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0023%2EhtmlWed, 16 May 2012 12:00:00 MDTFinancial ResultsBellatrix Exploration Ltd. said it plans to concentrate its capital program by drilling low-risk Cardium light oil wells for the remainder of this year following a first quarter in which it posted higher earnings, revenue and funds flow along with increased production.http://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0026%2Ehtmlhttp://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0026%2EhtmlWed, 16 May 2012 12:00:00 MDTFinancial ResultsIntroducing DUG Canada! Register today! The early bird discount ends Friday; register before 5/18 and save $100! Save an additional $50 with promo code DUGCOB online.http://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0027%2Ehtmlhttp://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0027%2EhtmlWed, 16 May 2012 12:00:00 MDTCourses and ConferencesSunridge Energy Corp. reports a total of 24 plugs were analyzed within the seven-metre thick pay zone from its new pool oil discovery drilled in March at the North Central prospect.http://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0028%2Ehtmlhttp://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0028%2EhtmlWed, 16 May 2012 12:00:00 MDTDrillingTMK IPSCO, the North American division of global pipe manufacturer TMK, has appointed Dave Mitch to the position of senior vice-president and chief operating officer, based at the company's headquarters in Downers Grove, Illinois.http://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0029%2Ehtmlhttp://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0029%2EhtmlWed, 16 May 2012 12:00:00 MDTCorporate NoticesDetector Exploration Ltd. announces that, subject to regulatory and shareholder approval, it has agreed to a non-brokered private placement of up to four million units at five cents per unit for gross proceeds of $200,000.http://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0031%2Ehtmlhttp://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0031%2EhtmlWed, 16 May 2012 12:00:00 MDTFinance - Investmenthttp://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0033%2Ehtmlhttp://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0033%2EhtmlWed, 16 May 2012 12:00:00 MDTU.S.PipelinesSagres Energy Inc. announces that it intends to complete a non-brokered private placement financing of up to 25 million units at a price of six cents per unit for gross proceeds of up to $1.5 million.http://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0034%2Ehtmlhttp://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0034%2EhtmlWed, 16 May 2012 12:00:00 MDTFinance - InvestmentTerrace Energy Corp. announces the closing of the non-brokered private placement announced on May 2, 2012.http://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0035%2Ehtmlhttp://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0035%2EhtmlWed, 16 May 2012 12:00:00 MDTFinance - InvestmentPetro Vista Energy Corp. reports that in the Tartaruga field, Sergipe Basin, Brazil, the operator UP Petroleo Brasil Ltda. currently has a workover rig on location to install electrical submersible pumps in the two existing production wells in the field.http://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0038%2Ehtmlhttp://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0038%2EhtmlWed, 16 May 2012 12:00:00 MDTInternationalCanadian Quantum Energy Corporation intends to complete a non-brokered private placement offering of flow-through units at 24 cents per flow-through unit, for gross proceeds of up to $2 million.http://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0037%2Ehtmlhttp://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0037%2EhtmlWed, 16 May 2012 12:00:00 MDTFinance - InvestmentMontana Exploration Corp. announces that the company has closed the farm out and participation agreement with a Denver-based private company that it announced on March 22, 2012.http://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0036%2Ehtmlhttp://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120516%2FDOB2012%5FYG0036%2EhtmlWed, 16 May 2012 12:00:00 MDTLand Access