CALGARY, Nov. 18, 2014 /CNW/ - Calgary, Alberta – November 18, 2014. Valparaiso Energy Inc. (the "Corporation") (NEX: VPO.H) wishes to announce that the Corporation has issued 500,000 common shares on the conversion of Convertible Debt for an outstanding share subscription in the amount of $25,000.00. After the above issuance, the Corporation will have 47,221,569 shares outstanding. These shares trade on the NEX board of the TSX Venture Exchange under the symbol VPO.H. THIS PRESS RELEASE, [Read more]
Penn West Announces Details of its 2015 Capital Budget and Long-Term Plan Update
CALGARY, Nov. 17, 2014 /CNW/ - PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE - PWE) ("Penn West", "we", "our" or the "Company") is pleased to announce the details of its 2015 capital budget and updated long-term plan. Commenting on the Company's first year of operations since announcing its Long-Term Plan, Dave Roberts, President and CEO stated, "Having just passed the first anniversary of the announcement of our Long-Term Plan, I am pleased to report that we have made significant progress and [Read more]
Exall Energy Corporation announces results for the three and nine months ended September 30, 2014
CALGARY, Nov. 17, 2014 /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 and nine months ended September 30, 2014. Exall's public filings can all be found at www.exall.com or www.sedar.com. Highlights: A third quarter 2014 production average of 656 boe per day for a 9 month production average of 795 boe per day, Production was negatively affected by the shut in of [Read more]
Cenovus gains approval for Telephone Lake oil sands project
Initial phases approved for production capacity of 90,000 bbls/d CALGARY, Nov. 14, 2014 /CNW/ - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has received approval from the Alberta Energy Regulator (AER) and the province of Alberta for its 100%-owned Telephone Lake thermal oil sands project. The proposed project is located approximately 90 kilometres northeast of Fort McMurray, within the company's Borealis Region of northern Alberta. The approval is for a steam-assisted gravity drainage (SAGD) [Read more]
Ironhorse Announces Q3 2014 Financial and Operating Results
CALGARY, Nov. 14, 2014 /CNW/ - Ironhorse Oil & Gas Inc. ("Ironhorse" or the "Company") (TSX-V: IOG) announces its financial and operating results for the three and nine months ended September 30, 2014 and provides an operational update on activities to date this year as well as an outlook for the remainder of 2014. Financial and Operation Summary The Company's funds from operations increased to $358 thousand in Q3, compared with $98 thousand in Q2 as a result of increased production during Q3. [Read more]
Marquee Energy Ltd. Announces Record Production and Funds Flow from Operations for the Third Quarter of 2014
CALGARY, Nov. 13, 2014 /CNW/ - Marquee Energy Ltd. ("Marquee" or the "Company") (TSXV: "MQL") announces record production and funds flow from operations for the quarter ended September 30, 2014. The Company's financial statements and Management's Discussion and Analysis ("MD&A") for the three and nine months ended September 30, 2014 are available on SEDAR at www.sedar.com and on Marquee's website at www.marquee-energy.com. Financial and Operational Highlights Achieved record [Read more]
Sunshine Oilsands Ltd. Announcement of Results for the Three and Nine Month Periods Ended September 30, 2014
HONG KONG, Nov. 13, 2014 /CNW/ -- Sunshine Oilsands Ltd. ("Sunshine" or the "Company"; HKEX: 2012; TSX: SUO) today announced its financial results for the third quarter of 2014. The Company's condensed interim consolidated financial statements, notes to the condensed interim consolidated financial statements and Management's Discussion and Analysis have been filed on SEDAR (www.sedar.com) and with the SEHK at (www.hkexnews.hk) and are available on the Company's website [Read more]
Connacher Announces Q3 2014 Results
CALGARY, Nov. 13, 2014 /CNW/ - Connacher Oil and Gas Limited (CLL - TSX; "Connacher" or the "Company") announces its financial and operating results for the quarter ended September 30, 2014 ("Q3 2014") (all amounts are in Canadian dollars unless otherwise noted). Q3 2014 Highlights Q3 2014 production increased 20% to a quarterly record of 14,163 bbl/d (Q3 2013 - 11,788 bbl/d). Production increases were attributable to the Company's four infill wells at Pod One which began production in Q4 [Read more]
Journey Energy Inc. reports its third quarter financial and operating results
CALGARY, Nov. 13, 2014 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") is pleased to announce its third quarter 2014 results. Journey achieved record cash flow from operations during the quarter, a direct result of production additions from an active drilling program. The highlights of our third quarter results are shown below. Copies of the complete financial statements and management's discussion and analysis in respect thereof for the three months and nine months ended [Read more]
Cequence Energy Announces Third Quarter Results and Operational Update
CALGARY, Nov. 13, 2014 /CNW/ - Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) is pleased to announce the financial and operating results for the three and nine months ended September 30, 2014 and to provide an update on its operational activities. The Company's financial statements and management's discussion and analysis are available at cequence-energy.com and at sedar.com. During the quarter, Cequence divested one of its core producing assets at Ansell for $141 million [Read more]
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