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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]

Inter Pipeline gets oilsands producers’ commitment for $2.6-billion expansion

  CALGARY - Inter Pipeline Fund (TSX:IPL-UN.TO) has reached binding long-term commitments for an expanded oilsands pipeline system that it plans to build for about $2.6 billion. The commitments will be initially for 20 years with options that could increase the length of the commitments to 30 years. The company says it will build 840 kilometres of new pipeline and seven new pump stations to serve three oilsands operations owned by the FCCL Partnership. FCCL is a partnership [Read more]

Pace Oil & Gas Ltd., AvenEx Energy Corp. and Charger Energy Corp. Receive Shareholder Approval for Plan of Arrangement to Form Spyglass Resources Corp.

CALGARY, ALBERTA--(Marketwire - March 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 shareholders have approved 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 profile and a monthly [Read more]

Workers halt discharge of water from northern Alberta oilsands pond

  FORT MCMURRAY, Alta. - Work is underway to determine the effects of a discharge of water from an outfall pond at a Suncor (TSX:SU.TO) facility in northern Alberta. Alberta Environment says in a release that a leak of what it calls process-affected water happened early Monday at the plant north of Fort McMurray. Details were not immediately available on the volume of water that was released, or what it contains. The department says the discharge was stopped and water samples [Read more]

Encana Amends Its Dividend Reinvestment Plan

CALGARY, ALBERTA--(Marketwire - Mar 25, 2013) - Encana Corporation (ECA.TO) (ECA) ("Encana") today announced that it has amended its Dividend Reinvestment Plan (the "DRIP") to permit the company to issue from its treasury Encana common shares at a discount to the average market price for the common shares (as defined in the DRIP) for the applicable dividend payment date. Beginning in the second quarter of 2013, Encana's Board of Directors has determined that all common shares distributed to [Read more]