KNOXVILLE, Tenn.--(BUSINESS WIRE)--The law firm of Gordon Ball PLLC (http://www.gordonball.com) announces that it is has filed a class action lawsuit on behalf of persons who purchased Miller Energy Resources, Inc. (“Miller Energy”) (NYSE: MILL) common stock traceable to Miller Energy’s December 6, 2012 Registration Statement (the “Class Period”). The case, Cosby, et al. v. Miller, et al., 3:16-cv-00121, is pending in the United States District [Read more]
Archives for March 2016
Manitok Energy Inc. Announces Year-End 2015 Reserves Evaluation and Unaudited 2015 Financial and Operating Results
CALGARY, ALBERTA--(Marketwired - March 30, 2016) - Manitok Energy Inc. (the "Corporation" or "Manitok") (TSX VENTURE:MEI) is pleased to provide highlights from its 2015 independent reserves evaluation, its 2015 fourth quarter and year-end unaudited financial and operational results and provide an operational update. All financial amounts referred to in this press release are management's internal estimates and the year-end financial statements have not yet been audited. The full text of [Read more]
Harvest Operations Files 2015 Year-End Disclosure Documents
CALGARY, ALBERTA--(Marketwired - March 30, 2016) - Harvest Operations Corp. ("Harvest" or the "Company") announced the filing of its Annual Information Form ("AIF") and its Statement of Reserves Data and Other Oil and Gas Information Form 51-101F1 for the year ended December 31, 2015. The Company filed its Audited Consolidated Financial Statements for the year ended December 31, 2015 and related Management's Discussion and Analysis ("MD&A") on SEDAR, EDGAR and SGXNet on March 11, 2016. [Read more]
Seven Generations Starts Processing Liquids-Rich Natural Gas at New Cutbank Plant in Northwest Alberta
CALGARY, ALBERTA--(Marketwired - March 30, 2016) - Seven Generations Energy Ltd. (TSX:VII) has completed the construction and commissioning of its Cutbank processing plant at the Company's Kakwa River Project in northwest Alberta. The Cutbank plant is designed to process 250 million cubic feet per day (MMcf/d) of liquids-rich natural gas. With the addition of the Cutbank plant, production volumes in 2016 are expected to grow as additional wells are brought on-stream. 7G expects to produce an [Read more]
InterOil Drilling Update and 2015 Results
SINGAPORE and PORT MORESBY, Papua New Guinea, March 30, 2016 /PRNewswire/ -- Key highlights Antelope-6 identified 138 feet of dolomite with connectivity to rest of field Antelope-5 extended well test confirms excellent reservoir qualities Entering final stages of appraisal of the Elk-Antelope field GLJ increases year-end Contingent Resource estimate Raptor 3.6 Tcfe, Bobcat 2.4 Tcfe (independent est'd gross unrisked 2C resource) $252 million liquidity at end 2015. Proposal to increase [Read more]
Oando Energy Resources Announces Year End 2015 Results
CALGARY, March 29, 2016 /CNW/ - Oando Energy Resources Inc. ("OER" or the "Corporation") (TSX: OER), a company focused on oil and gas exploration and production in Nigeria, today announced financial and operating results for the three and twelve months ended December 31, 2015. The audited consolidated financial statements, notes and management's discussion and analysis pertaining to the period are available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at [Read more]
Oando Energy Resources Announces Year End 2015 Results
CALGARY, Alberta, March 30, 2016 /PRNewswire/ -- Oando Energy Resources Inc. ("OER" or the "Corporation") (TSX: OER), a company focused on oil and gas exploration and production in Nigeria, today announced financial and operating results for the three and twelve months ended December 31, 2015. The audited consolidated financial statements, notes and management's discussion and analysis pertaining to the period are available on the System for Electronic Document Analysis and Retrieval ("SEDAR") [Read more]
Encana Announces Early Tender Results and Increase in the Aggregate Maximum Tender Amount
CALGARY, AB--(Marketwired - March 30, 2016) - (TSX: ECA) (NYSE: ECA)Encana Corporation ("Encana" or the "Company") today announced the early tender results of its previously announced offers to purchase for cash (collectively, the "Tender Offers" and each a "Tender Offer") its outstanding senior notes listed in the table below (collectively, the "Notes"). The Company further announced that it has increased the aggregate amount that holders of the Notes are entitled to receive in the Tender [Read more]
Azure Midstream Partners, LP Reports Fourth Quarter 2015 Financial Results
DALLAS, March 30, 2016 /PRNewswire/ -- Azure Midstream Partners, LP (NYSE: AZUR) ("Azure" or the "Partnership"), announced financial and operating results for the three months ended December 31, 2015. Adjusted EBITDA for the fourth quarter 2015 was $11.0 million and distributable cash flow was $8.3 million, or $0.38 per limited partner unit. The Partnership recognized a net loss of ($1.8) million for the quarter. Adjusted EBITDA and distributable cash flow are explained in greater detail under [Read more]
Can Alberta transition from coal cheaply?
Alberta’s NDP government aims to eliminate pollution and greenhouse gases from coal-fired generating stations by 2030. the government plans to do this by developing replacement electricity from natural-gas-fired generating stations and from renewable energy sources. How much of a financial burden could the early phase-out of coal inflict on cost-conscious Alberta industry and consumers? While no consensus exists given the wide range of cost estimates for decommissioning coal-fired generating [Read more]
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