CALGARY, ALBERTA--(Marketwire - Feb. 28, 2013) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES Contact Exploration Inc. (TSX VENTURE:CEX) announces that it has filed its unaudited Condensed Interim Consolidated Financial Statements for the three and nine month periods ended December 31, 2012 and the related Management's Discussion and Analysis on www.sedar.com. Increased Credit Facilities Based on a recent production review, Contact's financial institution, Canadian Western Bank, [Read more]
Archives for February 2013
Shoreline Energy Corp. Announces Closing of the First Tranche of the Previously Announced Brokered Private Placement
CALGARY, ALBERTA--(Marketwire - Feb. 28, 2013) - NOT FOR DISTRIBUTION IN THE UNITED STATES Shoreline Energy Corp. (SEQ.TO) ("Shoreline" or the "Corporation") is pleased to announce that it has closed the first tranche of its previously announced brokered private placement financing (the "Financing"), resulting in gross proceeds to Shoreline of $3,961,482.00 through the issuance of 1,131,852 common shares ("Common Shares") of the Corporation at a subscription price of $3.50 per Common [Read more]
Delphi Energy Releases Year End 2012 Reserves and Provides Bigstone Montney Update
CALGARY, ALBERTA--(Marketwire - Feb 28, 2013) - Delphi Energy Corp. (DEE.TO) ("Delphi" or the "Company") is pleased to report its crude oil and natural gas reserves information for the year ended December 31, 2012. 2012 was a year of significant achievements for Delphi with the initial development of its Montney play at Bigstone. The Company brought three horizontal Montney wells on production through 100 percent owned and constructed facilities and associated gas gathering systems during [Read more]
Border Announces Filing of Quarterly Financials and Operational and Corporate Update
CALGARY, ALBERTA--(Marketwire - Feb 28, 2013) - Border Petroleum Corp. ("Border" or the "Corporation") (TSX VENTURE:BOR) today announces financial results for its third quarter ended December 31, 2012. The unaudited condensed consolidated interim financial statements and management''s discussion & analysis ("MD&A") have been filed on SEDAR and can be viewed at www.sedar.com. HIGHLIGHTS The following are the highlights of Border''s operations for the quarter ended December 31, [Read more]
Pengrowth Announces 55 Percent Increase in 2012 Year-End Proved Plus Probable Reserves and Replacement of 672 Percent of 2012 Production
CALGARY, ALBERTA--(Marketwire - Feb 28, 2013) - Pengrowth Energy Corporation (PGF.TO) (PGH) is pleased to announce strong 2012 year-end reserve additions. Highlights: Proved plus probable (2P) reserves increased by 55 percent to 512.0 million barrels of oil equivalent (MMboe) at December 31, 2012 from 330.5 MMboe at year-end 2011. Pengrowth replaced 672 percent of 2012 production, adding 213.2 MMboe of 2P reserves in 2012 at an all-in annual Finding, Development and Acquisition [Read more]
Pinecrest Energy Inc. announces board change
TSX Venture Exchange: PRY CALGARY , Feb. 28, 2013 /CNW/ - Pinecrest Energy Inc. ("Pinecrest" or the "Company") announces that as a result of a potential conflict created by his appointmnent as Interim Chief Executive Officer of another issuer, Mr. David Fitzpatrick has resigned as a member of the Board of Directors (the "Board") of Pinecrest. The Board and management of Pinecrest wish to thank Mr. Fitzpatrick for the valuable contributions he has made during his tenure with Pinecrest and [Read more]
Storm Resources Ltd.is Pleased to Announce Its Financial and Operating Results for the Three Months and Year Ended December 31, 2012
CALGARY, ALBERTA--(Marketwire - Feb 28, 2013) - Storm Resources Ltd. (TSX VENTURE:SRX) Storm has also filed its audited consolidated financial statements as at December 31, 2012 and for the three months and year then ended along with the Management''s Discussion and Analysis ("MD&A") for the same periods. This information appears on SEDAR at www.sedar.com and on Storm''s website at www.stormresourcesltd.com. Selected financial and operating information for the three months and year [Read more]
U.S. says North American trade by truck, rail and pipeline fell in December
MONTREAL - Canada and its NAFTA partners capped an otherwise strong year of trade in 2012 with a weaker performance in December, the U.S. Department of Transportation said Thursday. Trucks, railways and pipelines carried US$71.9 billion worth of products in December, a 3.2 per cent drop from the same month in 2011. Canada and the United States, which account for nearly 60 per cent of all surface trade in North America, saw trade decrease 4.7 per cent to US$42.1 billion in the [Read more]
CN looks to increase crude shipments to Louisana, terminal increasing capacity
CHICAGO, IL - Canadian National Railway Co. plans on shipping more Alberta crude oil to Louisiana as it sets its sights on developing new markets near the Gulf of Mexico. The Montreal-based railway (TSX:CNR) said Thursday it has teamed up with LBC Tank Terminals which will increase storage capacity by 160,000 barrels at its Sunshine facility in Geismar, La. CN said it also plans on transporting more chemicals from the Chicago area to the LBC Sunshine facility, which houses [Read more]
Natural Gas Storage drops 171 Bcf; in line with analyst estimates
Working gas in storage was 2,229 Bcf as of Friday, February 22, 2013, according to EIA estimates. This represents a net change of -171 Bcf, in line with analyst estimates of -169 to -170 Bcf. Stocks were 307 Bcf less than last year at this time and 308 Bcf above the 5-year average of 1,921 Bcf. [table] [attr style="width: 25%"]`[attr style="width: 25%"]February 22`[attr style="width: 25%"]February 15`[attr style="width: [Read more]
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