U.S. commercial crude oil inventories increased by 3.3 million barrels from the previous week, well above the expected draw of ~1 million barrels. Total crude oil stocks of 385.9 million barrels are well above the upper limit of the average range for this time of year. Total commercial petroleum inventories decreased by 1.9 million barrels last week. [table] [attr style="width: 25%"]March 22`[attr style="width: 25%"]March 15`[attr style="width: 25%"]Change`[attr style="width: 25%"]% [Read more]
Painted Pony Petroleum Provides Operations Update on Montney Gas and Light Oil Projects
CALGARY, ALBERTA--(Marketwire - Mar 27, 2013) - Painted Pony Petroleum Ltd. ("Painted Pony" or the "Company") (TSX VENTURE:PPY) is pleased to provide the following operations update and activity outlook: HIGHLIGHTS Operating highlights to-date during the first quarter of 2013 include: Townsend/Kobes: the Company recently completed, and is currently production testing, two 100% working interest wells in the Townsend area on lands acquired in December 2012; Painted Pony's third [Read more]
DeeThree Exploration Ltd. Announces 2012 Financial and Operating Results
CALGARY, ALBERTA--(Marketwire - Mar 27, 2013) - DEETHREE EXPLORATION LTD. ("DeeThree") ("Company") (DTX.TO) (DTHRF) is pleased to release its financial and operational results for the year ended December 31, 2012. DeeThree has filed its audited financial statements for the year ended December 31, 2012 and related Management Discussion and Analysis with Canadian securities regulatory authorities. DeeThree's annual financial materials may be viewed in their entirety on www.sedar.com and on the [Read more]
Chinook Energy Inc. Announces Its Year End Financial and Operational Results
CALGARY, ALBERTA--(Marketwire - Mar 27, 2013) - Chinook Energy Inc. ("Chinook" or the "Company") (CKE.TO) today announced its audited year end financial and operational results and provided an operational update. The Company will file later this morning its audited consolidated financial statements for the years ended December 31, 2012 and 2011 and related management's discussion and analysis ("MD&A") on the SEDAR website (www.sedar.com) and Chinook's website (www.chinookenergyinc.com) [Read more]
Tamarack Valley Energy Ltd. Announces 2012 Audited Year End Financial and Operating Results
CALGARY, ALBERTA--(Marketwire - Mar 27, 2013) - Tamarack Valley Energy Ltd. (TSX VENTURE:TVE) ("Tamarack" or the "Company") has filed its audited condensed consolidated financial statements for the year ended December 31, 2012 ("Financial Statements") and management's discussion and analysis ("MD&A") on SEDAR. Selected financial and operational information is outlined below and should be read in conjunction with the Financial Statements, which were prepared in accordance with International [Read more]
Crocotta Energy Inc.: Year End 2012 Financial and Operating Results
CALGARY, ALBERTA--(Marketwire - Mar 27, 2013) - CROCOTTA ENERGY INC. (CTA.TO) is pleased to announce its financial and operating results for the year ended December 31, 2012, including consolidated financial statements, notes to the consolidated financial statements, and Management's Discussion and Analysis. All dollar figures are Canadian dollars unless otherwise noted. HIGHLIGHTS Increased average production 83% to 6,911 boepd in 2012 from 3,775 boepd in 2011 Achieved 2012 exit [Read more]
Delphi Energy Acquires Additional Montney Assets in Bigstone
CALGARY, ALBERTA--(Marketwire - March 26, 2013) - Delphi Energy Corp. ("Delphi" or the "Company") (DEE.TO) is pleased to announce the closing of a strategic land acquisition in the heart of its Bigstone Montney acreage. Levering off of the positive results of our last five successful Montney wells in the area (the two most recent of which were detailed in Delphi's March 20, 2013 press release) the Company has acquired an additional 30 gross (26.8 net) sections of Montney rights directly [Read more]
Workers stop discharge of waste water from northern Alberta oilsands plant
FORT MCMURRAY, Alta. - Tests are being done to determine whether a waste water spill at an oilsands plant in northern Alberta made its way into a nearby river. The leak was discovered Monday at a Suncor (TSX:SU.TO) base plant north of Fort McMurray. Company spokeswoman Sneh Seetal said a pipe about four metres long froze and burst, sending "process-affected water" into a partially frozen outfall pond containing treated water. Seetal said it's not yet known what exactly was in [Read more]
Pace Oil & Gas Ltd., AvenEx Energy Corp. and Charger Energy Corp. Receive Final Court Approval for Plan of Arrangement to Form Spyglass Resources Corp.
CALGARY, ALBERTA--(Marketwire - Mar 26, 2013) - Pace Oil & Gas Ltd. ("Pace") (PCE.TO), AvenEx Energy Corp. ("AvenEx") (AVF.TO) and Charger Energy Corp. ("Charger") (TSX VENTURE:CHX) are pleased to announce that they have received final court approval for the previously announced plan of arrangement under the Business Corporations Act (Alberta) (the "Merger"), to form Spyglass Resources Corp (TSX:SGL) ("Spyglass"), an intermediate-sized oil and gas producer with a balanced commodity [Read more]
Shoreline Energy Corp. Announces Closing of the Second and Final Tranche of the Previously Announced Brokered Private Placement
CALGARY, ALBERTA--(Marketwire - March 26, 2013) - Shoreline Energy Corp. (SEQ.TO) ("Shoreline" or the "Corporation") is pleased to announce that it has closed the second and final tranche of its previously announced brokered private placement financing (the "Financing"), resulting in gross proceeds to Shoreline of approximately $938,518 through the issuance of 268,148 common shares ("Common Shares") of the Corporation at a subscription price of $3.50 per Common Share. Macquarie Private Wealth [Read more]
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