CALGARY, March 12, 2015 /CNW/ -Toscana Energy Income Corporation ("TEI" or the "Corporation") (TSX: TEI) announces financial and operating results for the year ended December 31, 2014, and the Corporation's 2014 year-end reserves. Financial and operating results: The following summarizes information contained in the Consolidated Financial Statements and Management's Discussion and Analysis ("MD&A") for the year ended December 31, 2014. This news release should not be considered a [Read more]
Penn West Confirms Filing of its 2014 Year End Disclosure Documents
CALGARY, March 12, 2015 /CNW/ - PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE - PWE) ("Penn West", the "Company", "we", "us" or "our") announces that it has filed with Canadian securities regulatory authorities its audited Consolidated Financial Statements for the year ended December 31, 2014 and related Management's Discussion and Analysis. Penn West has also filed its Annual Information Form for the year ended December 31, 2014, which includes the disclosure and reports relating to reserves data [Read more]
Penn West Announces 2015 First Quarter Dividend
CALGARY, March 12, 2015 /CNW/ - PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE - PWE) ("Penn West") announces that the Board of Directors has declared a first quarter 2015 dividend of $0.01 per share to be paid on April 15, 2015 to shareholders of record at the close of business on March 31, 2015. Shareholders are advised that this dividend is designated as an "eligible dividend" for Canadian income tax purposes. About Penn West Penn West is one of the largest conventional oil and natural gas [Read more]
Penn West Announces its Financial and Operational Results for the Fourth Quarter and Year Ended December 31, 2014 and 2014 Reserves Results
CALGARY, March 12, 2015 /CNW/ - PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE - PWE) ("Penn West", the "Company", "we", "us" or "our") is pleased to announce its financial and operational results for the fourth quarter and year ended December 31, 2014. All figures are in Canadian dollars unless otherwise stated. Three months ended December 31 Year ended December 31 2014 2013 % change 2014 2013 % change Financial (millions, except per share [Read more]
Athabasca Oil Corporation Announces 2014 Year-End Results and Reserves
CALGARY, March 12, 2014 /CNW/ - Athabasca Oil Corporation ("Athabasca" or the "Company") (TSX: ATH) is pleased to report its fourth quarter and 2014 year-end financial and operating results in conjunction with its year-end reserves and resource information. 2014 highlights and recent accomplishments: Over $1.2 billion of funding in place1 including approximately $760 million of cash, cash equivalents and short-term investments as of March 2, 2015; a strong balance sheet with a flexible [Read more]
Sunshine Oilsands Ltd. Announces Date of Board Meeting
CALGARY, Alberta and HONG KONG, March 12, 2015 /CNW/ -- The board of directors (the "Board") of Sunshine Oilsands Ltd. (the "Company") hereby announces that a meeting of the Board will be held on or about 7:00 a.m. on Thursday, March 26, 2015 in Calgary, Canada (on or about 9:00 p.m. Hong Kong time on Thursday, March 26, 2015), for the purposes of, approving the annual results of the Company and its subsidiaries for the year ended December 31, 2014 and their publication. By Order of the Board of [Read more]
Bellatrix Exploration Ltd. Announces Fourth Quarter and Year End 2014 Financial Results
CALGARY, March 12, 2015 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE) announces its financial and operating results for the year ended December 31, 2014. This press release contains forward-looking statements. Please refer to our cautionary language on forward-looking statements and the other matters set forth at the end of this press release and the beginning of the Management's Discussion and Analysis (the "MD&A") for the years ended December 31, 2014 [Read more]
Bellatrix announces amendments to its bank credit facilities
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]
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