Current Reece News

News Archive: 2008 | 2007 | 2006 | 2005 | 2004

November 28, 2008

Reece is pleased to provide the results for the third quarter of 2008.

November 3, 2008

Reece is pleased to announce that it has participated in the drilling and completion of three (0.5 net) Bakken wells in the Forget field in south east Saskatchewan.

October 23, 2008

Reece is pleased to provide the following operations update through the end of the third quarter of 2008.

August 29, 2008

Reece is pleased to provide the results for the second quarter of 2008.

August 22, 2008

Reece is pleased to announce that it has closed its previously announced $12 million private placement financing.

August 14, 2008

Reece is pleased to announce that it has received an increase to its credit facility from the Alberta Treasury Branch. Based on the strength of the previously announced mid-year update to its 2007 reserve evaluation, Reece’s credit facility has been increased from $20 million to $33 million.

August 12, 2008

Reece is pleased to announce that it has entered into a Joint Venture with Anterra Energy Inc. with the signing of three separate agreements.

August 11, 2008

Reece announces that it has priced its previously announced brokered private placement at $3.10 per common share and elected to reduce the size of the Financing to $12 million.

July 25, 2008

Reece is pleased to announce that it has signed a purchase and sale agreement in which it will acquire a 100% working interest in an additional 760 acres of mineral rights adjoining its existing Viking light oil play near Dodsland Saskatchewan.

July 22, 2008

Reece is pleased to provide the following mid-year update of its reserve evaluation dated December 31, 2007.

July 17, 2008

Reece is pleased to announce that it has increased its capital budget for 2008 by an additional $30 million. This increase is in addition to the $15 million dollar increase announced May of this year bringing the total capital budget for 2008 to $66 million.

July 16, 2008

Reece is pleased to announce that it has signed two separate farm-in agreements for land adjoining its current Dodsland Viking horizontal oil play in west central Saskatchewan.

July 14, 2008

Reece is pleased to provide the following operations update through the end of the second quarter of 2008.

June 6, 2008

Reece is pleased to announce that its first exploratory Bakken well has been successfully tested for oil.

June 3, 2008

Reece announces that it has released its first quarter 2008 results and management’s discussion and analysis. In addition, Reece would like to announce the following highlights from the first quarter.

May 29, 2008

Reece is pleased to announce that it is raising its capital budget for 2008 by $15 million. This decision was based on the encouragement brought forth by successful drilling results, as well as higher than expected commodity prices.

May 22, 2008

Reece has completed drilling operations on the sixth Viking extended reach horizontal oil well in their Dodsland field near Kindersley Saskatchewan. All six wells were successful and are in various stages of completion or on production.

May 5, 2008

Reece is pleased to announce that the Alberta Treasury Branch has increased Reece’s credit facility from $13 million to $20 million.

May 1, 2008

Reece is pleased to announce that on April 30, 2008 it closed its previously announced $7.5 million equity financing.

April 22, 2008

Reece is pleased to announce that the brokered private placement financing announced on April 4, 2008.

April 16, 2008

Reece announces that it has released its 2007 year end results and management’s discussion and analysis. In addition, Reece would like to announce the following highlights from 2007.

April 15, 2008

Reece Energy presents its Management's Discussion and Analysis for the year ended December 31, 2007.

April 15, 2008

Reece Energy announces its consolidated financial statements for the year ended December 31, 2007.

April 11, 2008

Reece Energy has acquired more land in south east Saskatchewan to add to its current prospective Bakken land base.

April 8, 2008

Reece Energy is pleased to announce the results of its year end reserves evaluation. This evaluation was prepared by Sproule Associates Limited as at December 31, 2007.

April 8, 2008

Reece Energy is pleased to announce that it has filed forms NI 51-101 F1, F2 and F3 as required pursuant to National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities.

April 4, 2008

Reece Energy is pleased to announce that it has entered into an agreement with Wolverton Securities Ltd. to raise up to $7,500,000.

April 2, 2008

Reece Energy is pleased to provide the following operations update for the first quarter of 2008. Reece’s 2008 drilling program has commenced with wells being drilled in the light oil plays at Dodsland and Crystal Hill.

February 15, 2008

Reece Energy is pleased to provide the following operations update on its fourth quarter, 2007 drilling program as a follow up to its press release dated November 14, 2007.

February 14, 2008

Reece Energy announces that, further to its recent press release concerning Reece’s southeast Saskatchewan Bakken land acquisitions, it has entered into a joint operating agreement with Aldon Oils Ltd.

February 5, 2008

Reece Energy is pleased to announce the acquisition of land in the southeastern Saskatchewan “Bakken formation” area, as well as its 2008 capital expenditure plans.

January 22, 2008

Reece Energy announces the following changes to its management team.


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