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Canada rig count drops off as spring break-up begins

[table] [attr style="width: 20%"]`[attr style="width: 35%"]`[attr style="width: 15%"]Oil`[attr style="width: 15%"]Gas`[attr style="width: 15%"]Total [attr rowspan="5" style="background-color: #E0E0E0; text-align: center; vertical-align: middle;"]Canada`This Week`221`116`337 Last Week`366`137`503 Last Year`235`117`352 Week over Week Change`-145`-21`-166 Year over Year Change`-14`-1`-15[/table] [table] [attr style="width: 20%"]`[attr style="width: 35%"]`[attr style="width: 15%"]Oil`[attr [Read more]

NOT HAPPY. Redford calls Ontario taxpayer-funded pipeline bombing game ‘disappointing’

  By Maria Babbage ORONTO - Alberta Premier Alison Redford is weighing in on the controversy surrounding an online game funded by Ontario taxpayers that shows the bombing of a gas pipeline. TV Ontario, the province's public broadcaster, spent money to create the game "Pipe Trouble" to accompany a documentary about the pipeline debate in British Columbia. But critics are slamming the game's introductory video, which appears to show activists protesting before a pipeline blows [Read more]

Ontario funds game promoting bombing pipelines, Ontario Premier to investigate

  Ontario Premier Kathleen Wynne says she will look into an online game partly paid for and promoted by a taxpayer-funded broadcaster that shows the bombing of a gas pipeline. A blog post supporting the game appeared on the website of TV Ontario. It also provides a link to the game, called Pipe Trouble, and offers a free trial. But questions were raised on Thursday about the game’s introductory video, which appears to show activists protesting before a pipeline blows up. The TVO [Read more]

Pine Cliff Energy Announces Year End and Fourth Quarter 2012 Results

CALGARY, ALBERTA--(Marketwire - March 22, 2013) - Pine Cliff Energy Ltd. (Pine Cliff or the Company) (TSX VENTURE:PNE) is pleased to announce its operating and financial results for the fourth quarter and year ended December 31, 2012. The related financial statements and notes, as well as management's discussion and analysis, are available on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com and on Pine Cliff's website at www.pinecliffenergy.com. Pine [Read more]

Renegade Petroleum Ltd. Announces Record Production and Significant Reserve Growth

CALGARY, ALBERTA--(Marketwire - Mar 21, 2013) - Renegade Petroleum Ltd. ("Renegade" or the "Company") (TSX VENTURE:RPL) is pleased to announce it has filed on SEDAR its audited annual consolidated financial statements ("Financial Statements") and related management''s discussion and analysis ("MD&A") for the three months and year ended December 31, 2012. Selected financial and operational information is outlined below and should be read in conjunction with the Financial Statements and [Read more]

Artek Announces Record Year End 2012 Financial and Operating Results

CALGARY, ALBERTA--(Marketwire - March 21, 2013) - Artek Exploration Ltd. (RTK.TO) ("Artek" or the "Company") is pleased to provide this summary of its financial and operating results for the three months and year ended December 31, 2012. A complete copy of the Company's audited comparative financial statements for the years ended December 31, 2012 and 2011, along with management's discussion and analysis in respect thereof will be filed on SEDAR at www.sedar.com and on the Company's website at [Read more]

Bonterra Energy Corp. Announces Fourth Quarter and Year End 2012 Results

CALGARY, ALBERTA--(Marketwire - March 21, 2013) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. Bonterra Energy Corp. (Bonterra or the Company) (BNE.TO) is pleased to announce its operating and financial results for the fourth quarter and year ended December 31, 2012. The related financial statements and notes, as well as management's discussion and analysis (MD&A) for the year ended December 31, 2012, are available on the System for Electronic [Read more]

Sonde Resources Corp. Announces Year End 2012 Financial and Operating Results and Provides Update on Current Activities

CALGARY, ALBERTA--(Marketwire - Mar 21, 2013) - Sonde Resources Corp. ("Sonde" or the "Company") (SOQ.TO) (NYSE MKT:SOQ) announced today the release of its financial and operating results for the year ended December 31, 2012. The Management''s Discussion and Analysis and financial statements for the year ended December 31, 2012 can be viewed on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com, and in the Company''s Annual Report on Form 40-F, available on the [Read more]

PetroChina 2012 profit drops 13.3 percent

  BEIJING (AP) -- State-owned energy company PetroChina Ltd. said Thursday its 2012 profit tumbled 13.3 percent due to price controls and higher costs for imported gas. The Beijing-based company, the world's biggest oil producer by volume, said it earned 115.3 billion yuan ($18.3 billion), or 0.63 yuan (10 U.S. cents) per share, compared with 132.9 billion yuan the previous year. Revenue rose 9.6 percent to 2.2 trillion yuan ($384 billion). PetroChina blamed slower Chinese economic [Read more]

Enbridge to Invest $0.2 Billion to Connect Ninth Oil Sands Project

CALGARY, ALBERTA--(Marketwire - Mar 21, 2013) - Enbridge Inc. (ENB.TO)(ENB) today announced that it has entered into an agreement to provide pipeline and terminaling services to the proposed Athabasca Oil Corporation ("AOC") Hangingstone Oil Sands Project (the "Hangingstone Project"). The Hangingstone Project will be the ninth oil sands project to be connected to Enbridge''s regional system. Enbridge will construct a new 50-kilometre (31-mile), 16-inch diameter pipeline from the Hangingstone [Read more]