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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]

Gas storage drops 62 Bcf, in-line with estimates

Working gas in storage was 1,876 Bcf as of Friday, March 15, 2013, according to EIA estimates. This represents a net change of -62 Bcf in-line with analyst estimates of ~-65 Bcf. Stocks were 502 Bcf less than last year at this time and 162 Bcf above the 5-year average of 1,714 Bcf. [table] [attr style="width: 25%"]`[attr style="width: 25%"]March 15`[attr style="width: 25%"]March 8`[attr style="width: [Read more]

Painted Pony Reports 2012 Financial Results

CALGARY, ALBERTA--(Marketwire - Mar 21, 2013) - Painted Pony Petroleum Ltd. ("Painted Pony" or the "Company") (TSX VENTURE:PPY) is pleased to report that it will be filing its annual financial statements and related Management''s Discussion and Analysis for the year ended December 31, 2012 on SEDAR today. The statements and related Management''s Discussion and Analysis will be available for review at www.sedar.com or www.paintedpony.ca. Fourth Quarter 2012 Highlights: Highlights from the [Read more]

Donnycreek Continues Success with Kakwa Liquids-Rich Montney Development

CALGARY, ALBERTA--(Marketwire - March 21, 2013) - Donnycreek Energy Inc. ("Donnycreek" or the "Company") (TSX VENTURE:DCK) reports that the third horizontal Kakwa Montney well 03-19-63-5 W6M (the "3-19 Well") has been successfully completed and tested. The well was flow-tested for 161 hours. During the final 24 hours of flow-back the well averaged gross production rates of 1,798 boe/d consisting of 826 bbl/d condensate and 5,833 mscf/d natural gas (413 bbl/d and 2,917 mscf/d, or 899 boe/d [Read more]

Exall Energy Corporation announces results for the three months and year ended December 31, 2012

CALGARY, March 21, 2013 /CNW Telbec/ - Exall Energy Corporation ("Exall" or the "Company") (TSX:EE and TSX:EE.DB) is pleased to announce its financial and operating results for the three months and fiscal year ended December 31, 2012; and that it has filed its Annual Information Form which contains reserves data and other oil and gas information required by Section 2.1 of NI 51-101.  Exall's annual filings can all be found at www.exall.com or www.sedar.com. Exall's fourth quarter 2012 well [Read more]

Rock Energy Inc. Announces 2012 Results, and Updates First Quarter Operations

CALGARY, ALBERTA--(Marketwire - March 20, 2013) - Rock Energy Inc. (RE.TO) ("Rock" or the "Company") is pleased to report its financial and operating results for the year and three months ended December 31, 2012. Rock has filed its Annual Information Form (AIF), which includes Rock's reserves data and other oil and natural gas information for the year ended December 31, 2012. The AIF includes annual disclosure regarding reserves data and other oil and gas information as mandated by National [Read more]

Delphi Energy Reports 2012 Year End Results

CALGARY, ALBERTA--(Marketwire - Mar 20, 2013) - Delphi Energy Corp. (DEE.TO) ("Delphi" or the "Company") is pleased to announce its financial and operational results for the year ended December 31, 2012. 2012 Highlights produced an average of 8,276 barrels of oil equivalent per day ("boe/d") in 2012, 24 percent representing crude oil and natural gas liquids ("NGL''s"), compared to 8,870 boe/d in 2011; increased East Bigstone''s Montney land exposure (upon full earning of farm-in), [Read more]

Angle Energy Inc. Announces 2012 Year End Financial Results

CALGARY, ALBERTA--(Marketwire - March 20, 2013) - Angle Energy Inc. ("Angle" or the "Company") (NGL.TO) today announced the financial and operating results for the year ended December 31, 2012. The Company has filed its audited consolidated financial statements and related management's discussion and analysis ("MD&A") for the year ended December 31, 2012 on www.sedar.com and www.angleenergy.com. Operational and financial highlights for the fourth quarter of 2012 and for the twelve month [Read more]

Raging River Exploration Inc. Announces Fourth Quarter & Year End 2012 Operating and Financial Results and Increased 2013 Guidance and Expanded Credit Facility

CALGARY, ALBERTA--(Marketwire - March 20, 2013) - Raging River Exploration Inc. (the "Company" or "Raging River") (TSX VENTURE:RRX) announces its operating and financial results for the three month and 290 day period ended December 31, 2012. Selected financial and operational information is outlined below and should be read in conjunction with the audited consolidated financial statements and the related MD&A. Also, the Company today announces the filings of its Annual Information Form [Read more]