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Aroway Energy Inc. Announces 2012 Year-End Production

CALGARY, ALBERTA--(Marketwire - Feb 13, 2013) - AROWAY ENERGY INC. (TSX VENTURE:ARW)(ARWJF) (www.arowayenergy.com) (the "Company") is pleased to announce the Company''s 2012 year-end production rate of 1,020 barrels of oil equivalent per day ("boe/d") with 90% oil weighting and an additional 100 boe/d of natural gas currently behind pipe. Chris Cooper, President & CEO commented, "Today''s production announcement is a remarkable achievement and a reflection of the hard work by both our [Read more]

Talisman Energy 2012 Results

Sinopec and Kinabalu Deals Complete $3 Billion Annual Cash Flow Positioned for Focused Delivery in 2013 CALGARY, ALBERTA--(Marketwire - Feb 13, 2013) - Talisman Energy Inc. ( TSX : TLM ) ( NYSE : TLM ) reported its operating and (unaudited) financial results for 2012. All values in this release are in US$ unless otherwise stated. 2012 Overview -- Hal Kvisle was appointed President and Chief Executive Officer on September 10, 2012, and has set four strategic priorities for the [Read more]

B.C.’s liquefied natural gas boom to fuel $100 billion Prosperity Fund: Christy Clark

  VICTORIA – Premier Christy Clark’s Liberal government says the development of liquefied natural gas in northern British Columbia represents a generational opportunity that has the potential to wipe out the provincial debt and eliminate the need to pay sales taxes. The government’s throne speech delivered Tuesday — less than three months before the start of an election campaign — said LNG export possibilities represent a possible $1 trillion boost to B.C.’s gross domestic product [Read more]

Shoreline Energy Corp. Announces Operational Update and Private Placement Financing

CALGARY, ALBERTA--(Marketwire - Feb. 12, 2013) - NOT FOR DISTRIBUTION IN THE UNITED STATES Shoreline Energy Corp. (SEQ.TO) ("Shoreline" or the "Company") is pleased to announce the following operational update and private placement financing. Operational Update Shoreline began a significant capital expenditure program following closing of a convertible debenture capital raise, which closed August 28, 2012. Shoreline has now cased the final well in its Peace River Arch 2012 drilling [Read more]

Obama makes no mention of Keystone at state of the union, focuses on ‘climate change’

By The Canadian Press/BOE Report Obama made no mention of TransCanada's Keystone XL pipeline at Tuesday night's State of the union. Instead, he focused on tackling 'climate change': "For the sake of our children and our future, we must do more to combat climate change,'' he said as legislators stood and applauded - as they traditionally do dozens of times during the State of the Union. "Yes, it's true that no single event makes a trend .... We can choose to believe that superstorm [Read more]

Tourmaline Grows Year-End Reserves and Reserve Value by Over 60%

CALGARY, ALBERTA--(Marketwire - Feb 12, 2013) - Tourmaline Oil Corp. (TOU.TO) ("Tourmaline" or the "Company") is pleased to provide the following operations and financial update and highlights from its year-end 2012 independent reserve evaluation. Reserve Highlights Total year-end 2012 Proved plus Probable (2P) reserves of 438.0 mmboe after only four full years of operation. Total 2P reserve additions of 186.6 mmboe in 2012, representing 69% growth over 2011 total 2P reserves before [Read more]

Painted Pony Petroleum Provides Operations Update on Montney Gas and Light Oil Projects

CALGARY, ALBERTA--(Marketwire - Feb 12, 2013) - Painted Pony Petroleum Ltd. ("Painted Pony" or the "Company") (TSX VENTURE:PPY) is pleased to provide the following operations update and drilling activity forecast for 2013. HIGHLIGHTS fourth quarter 2012 field-estimated sales averaged 7,290 boe/d (76% weighted to gas); a 40% increase over fourth quarter 2011; field-estimated sales for January 2013 averaged 8,100 boe/d (77% weighted to gas); a 27% increase over January 2012; successful [Read more]

Manitok Energy Provides 2013 Guidance

CALGARY, ALBERTA--(Marketwire - Feb. 12, 2013) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA. Manitok Energy Inc. (the "Corporation" or "Manitok") (TSX VENTURE:MEI) is pleased to provide the following information regarding its anticipated 2013 capital expenditure program and operations. Unless otherwise indicated, all references to "$" in this press release are to Canadian dollars. 2013 Guidance Manitok anticipates a 2013 [Read more]

Pace Oil & Gas Ltd. Sets the Record Straight and Encourages Shareholders to Vote for Plan of Arrangement

CALGARY, ALBERTA--(Marketwire - Feb. 11, 2013) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS. Pace Oil & Gas Ltd. ("Pace", the "Company") (PCE.TO) wishes to refute inaccurate and misleading statements regarding the proposed merger with AvenEx Energy Corp. ("AvenEx") and Charger Energy Corp. ("Charger") to form Spyglass Resources Corp. ("Spyglass") [Read more]

Chinese could shift energy investments to forestry, mining: ambassador

  By Bob Weber EDMONTON - Canada's ambassador to China says money from the Asian country is likely to keep pouring into Canadian resource projects. But Guy Saint-Jacques also says he thinks those dollars will increasingly flow into mining and forestry as well as energy development. "I expect that the interest will increase on the mining side," he said in an interview with The Canadian Press after speaking to an audience at the University of Alberta on Monday. "What I expect [Read more]