TSX: BXE CALGARY, March 11, 2015 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE) is pleased to announce that its syndicate of lenders, led by National Bank Financial as Sole Lead Arranger and Book Runner and National Bank of Canada as Administrative Agent, has agreed to amendments to certain of the financial covenants contained in the agreement governing its bank credit facilities. The Company's total $725 million credit facilities are available on an [Read more]
Spyglass Resources Corp. Announces 2014 Year End, Fourth Quarter Results and Reserves
All values are in Canadian dollars unless otherwise indicated. Conversion of natural gas volumes to barrels of oil equivalent (boe) are at 6:1. CALGARY, March 11, 2015 /CNW/ - Spyglass Resources Corp. ("Spyglass", or the "Company") (TSX: SGL, OTCQX: SGLRF) announces annual financial and operating results for the year ended and fourth quarter ended December 31, 2014. Selected financial and operational information is outlined below along with 2014 reserves evaluated in accordance with National [Read more]
Softrock issues Progress Report “Slow and steady and weathering falling prices”
CALGARY, March 11, 2015 /CNW/ - Over the last six months the company has had the following progress or refinement in its three main areas SPIRIT RIVER: On the company's one section crown lease in the Charlie Lake oilfield in northwestern Alberta, the first horizontal well that was drilled one year ago at no cost to Softrock was "fraced" this past season in 20 places in the Charlie Lake pay zone and is now preparing to be put on production from which Softrock is to receive a two and one-half [Read more]
Seven Generations Announces 2014 Financial and Operating Results and Updated Reserves
CALGARY, March 10, 2015 /CNW/ - Seven Generations Energy Ltd. ("7G" or the "Company") (TSX: VII) reports its operating and financial results for the fourth quarter of 2014 and year ended December 31, 2014. "2014 was a fantastic year. Our IPO was successful. We had significant growth of production, reserves and cash flow. We increased our well length, opening the door to improved economics with a reduced environmental footprint. We continued to advance the Kakwa River Project with community [Read more]
LGX Oil + Gas Inc. announces 2014 year-end reserves
CALGARY, March 10, 2015 /CNW/ - LGX Oil + Gas Inc. ("LGX" or the "Company") (TSXV: OIL) is pleased to announce its 2014 year-end reserves. The financial and operational information contained below is based on the Company's unaudited expected results for the year ended December 31, 2014 and final audited results may vary. RESERVES In this press release, all references to reserves are to gross company reserves, meaning LGX's working interest reserves before deductions of royalties and before [Read more]
Keyera Announces March 2015 Dividend
CALGARY, March 10, 2015 /CNW/ - Keyera Corp. (TSX:KEY) ("Keyera") announced today a cash dividend for March 2015 of 23.0 cents per common share which represents a 7% increase from the previous monthly dividend of 21.5 cents per common share. The March dividend will be payable on April 15, 2015, to shareholders of record on March 23, 2015. The ex-dividend date is March 19, 2015. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). For non-resident shareholders, [Read more]
Penn West Announces Conference Call Details to Discuss its Results for the Fourth Quarter and Year Ended December 31, 2014 and 2014 Reserves
CALGARY, March 10, 2015 /CNW/ - PENN WEST PETROLEUM LTD. (TSX – PWT; NYSE – PWE) ("PENN WEST" or the "Company") is expected to release its fourth quarter and year ended 2014 financial and operating results and 2014 reserves results on Thursday, March 12, 2015 before North American markets open. A presentation will accompany the conference call and will be available via the webcast. Alternatively, the presentation will be made available immediately prior to the conference call start time of [Read more]
Sunshine Oilsands Ltd. Announces NI 51-101 Reserves and Resources Evaluations for Best Estimate Contingent Resources and Reserves Categories as at December 31, 2014
CALGARY, Alberta and HONG KONG, March 10, 2015 /CNW/ -- - NI 51-101 Best Estimate Contingent Resources PV10% Estimate Increased by 46% to CDN$6.64 billion, and 2P Reserves PV10% Estimate Increased by 41% to CDN$650 Million. Sunshine Oilsands Ltd. (the "Corporation" or "Sunshine") (HKEX: 2012, TSX: SUO) today announced the results of its reserves and resource evaluations, effective as at December 31, 2014. Unless otherwise defined herein, capitalised terms in this press release shall have [Read more]
Journey Energy Inc. to Present at FirstEnergy Capital Conference
CALGARY, March 9, 2015 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") will be presenting at the FirstEnergy Capital East Coast Energy Conference in New York on March 12, 2015 at 2:55 p.m. (EST) The presentation will be webcast at the following link: http://jetslides.tv/lobby/1077 Journey's updated presentation is posted on their website at www.journeyenergy.ca. ADVISORIES No securities regulatory authority has either approved or disapproved of the contents of this press [Read more]
Murphy Oil Company Ltd. Provides Update On Infield Condensate Leak
CALGARY, March 9, 2015 /CNW/ - Following up on our initial statement provided on March 3, 2015, Murphy Oil Company Ltd. is continuing its incident management efforts of a condensate leak at its Seal Field, located in a remote area approximately 80 kilometers south east of the Town of Peace River in north central Alberta. On the afternoon of March 1, 2015, three (3) localized areas of condensate were discovered near the surface along the right-of-way of a condensate transfer line. Murphy's field [Read more]
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