CALGARY, ALBERTA--(Marketwired - July 30, 2013) - Canadian Oil Sands Limited (TSX:COS)(OTCQX:COSWF) All financial figures are unaudited and in Canadian dollars unless otherwise noted. Highlights for the three and six-month periods ended June 30, 2013: Cash flow from operations increased to $343 million, or $0.71 per Share, in the second quarter of 2013 from $245 million, or $0.51 per Share, in the second quarter of 2012, reflecting a higher realized [Read more]
Archives for July 2013
MGM Energy Corp. Announces Resignation of Director
CALGARY, ALBERTA--(Marketwired - July 30, 2013) - MGM Energy Corp. (TSX:MGX) ("MGM Energy" or the "Company") announces that Robert (Bob) Rooney resigned from the Company's Board of Directors as of July 29, 2013. Mr. Rooney has been a director of the Company since its formation in January 2007 and has provided the Company with tremendous support and guidance during his tenure. The Company would like to thank Mr. Rooney for his contributions as a member of the Board of Directors and wish [Read more]
Trinidad Drilling Ltd. signs contract to build new rig for Northern Canada LNG project
CALGARY, July 30, 2013 /CNW/ - Trinidad Drilling Ltd. ("Trinidad" or "the Company") is pleased to announce that it has signed a contract to build one of Canada's largest and most technically-advanced land rigs. The rig is being constructed to drill natural gas in the Liard Basin, an area that is being developed to supply gas for the future liquefied natural gas (LNG) plants proposed for the west coast of British Columbia. The new rig will be constructed at Trinidad's in-house manufacturing [Read more]
Keystone XL proponents wonder: where Obama got his low job creation numbers?
By Lee-Anne Goodman WASHINGTON - U.S. President Barack Obama's latest public comments on TransCanada's Keystone XL pipeline have highlighted the wildly divergent job estimates associated with the project while raising concerns among American proponents that he's poised to reject it. The White House hasn't responded to queries about where the president got his paltry estimate of 2,000 potential jobs during a recent interview with the New York Times. A spokesman said simply that [Read more]
Hyperion Exploration Corp. Announces Appointment of New Director
CALGARY, ALBERTA--(Marketwired - July 30, 2013) - Hyperion Exploration Corp. ("Hyperion" or the "Company") (TSX VENTURE:HYX) is pleased to announce the appointment of Leif Snethun as a director of the Corporation effective today. Mr. Snethun is a Professional Geologist with 30 years of experience in the oil and gas industry. His career has focused primarily on the establishment, growth and sale of junior exploration and production companies. Mr. Snethun has been a co-founder, board [Read more]
Manitok Energy Inc. Announces a 722 Barrel per Day Test Rate on Newly Discovered Cardium Trend at Stolberg and a New Farm-In
CALGARY, ALBERTA--(Marketwired - July 30, 2013) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA Manitok Energy Inc. (the "Corporation" or "Manitok") (TSX VENTURE:MEI) is pleased to provide an update on its 2013 drilling program and on a new farm-in agreement. Stolberg The 16th Stolberg Cardium oil well, where Manitok has a working interest of 33.3%, was completed and production testing operations are well [Read more]
MEG Energy reports strong second quarter results
Top tier operational results and execution of growth projects set stage for strong second half CALGARY, July 30, 2013 /CNW/ - MEG Energy Corp. today reported second quarter 2013 operational and financial results. Highlights include: Phase 2B water treatment and steam generation facilities are mechanically complete, with commissioning underway and steaming set to begin later in the third quarter, with first oil planned in the fourth quarter; Near-record quarterly production volumes of [Read more]
NEB releases List of Issues for the Trans Mountain Expansion Project
CALGARY, July 29, 2013 /CNW/ - The National Energy Board (NEB or the Board) released today the List of Issues, which identifies the topics that will be considered during the review process for the Trans Mountain Expansion Project. A Project Description was filed by Trans Mountain Pipeline ULC (Trans Mountain) on 23 May 2013. The List of Issues is based on the information provided in the description. The company has not yet submitted an application for the project. Further details about the [Read more]
Border Announces Filing of Financials, Annual Information Form and Reserves Data and Provides Operational and Corporate Update
CALGARY, ALBERTA--(Marketwired - July 29, 2013) - Border Petroleum Corp. ("Border" or the "Corporation") (TSX VENTURE:BOR) today announces financial results for its year ended March 31, 2013. The audited financial statements and management's discussion & analysis ("MD&A") have been filed on SEDAR. The Corporation also announces that pursuant to NI 51-101 it has filed its Form 51-101F1 Statement of Reserves Data and Other Oil and Gas Information, Form 51-101F2 Report on Reserves Data by [Read more]
NEB says oilsands, destination for oil won’t be weighed in Trans Mountain review
CALGARY - The National Energy Board says the environmental impacts of oilsands development won't be part of its review of Kinder Morgan's proposal to nearly triple the size of its Trans Mountain pipeline.Even though Kinder Morgan hasn't filed a regulatory application for the project yet, the NEB has released a list of issues it intends to weigh during the review process.The federal energy watchdog says it will look at the project's impact on landowners and First Nations along the [Read more]
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