CALGARY, March 25, 2014 /CNW/ - Legacy Oil + Gas Inc. ("Legacy" or the "Company") (TSX:LEG) is pleased to announce it has filed on SEDAR its audited financial statements and related Management's Discussion and Analysis ("MD&A") for the year ended December 31, 2013 as well as its annual information form ("AIF") for the year ended December 31, 2013. Selected financial and operational information is outlined below and should be read in conjunction with Legacy's audited financial statements, [Read more]
Yangarra Announces Year End 2013 Financial, Operating Results and Reserves
CALGARY, March 25, 2014 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX-V:YGR) releases its 2013 financials and reserves. 2013 Financial and Operating Highlights During the year ended December 31, 2013 the Company completed the following significant milestones: Average daily production was 2,206 boe/d, a 15% increase from 2012. Funds flow from operations were $26 million ($0.21 per share - basic), a 76% increase from 2012. Earnings before interest, taxes, depletion [Read more]
Hawk announces year end reserves and provides operations update
CALGARY, March 25, 2014 /CNW/ - Hawk Exploration Ltd. ("Hawk" or the "Corporation") is pleased to provide an operations update and a summary of its December 31, 2013 reserve information as evaluated by GLJ Petroleum Consultants Ltd. ("GLJ"). HIGHLIGHTS Increased total proved plus probable oil reserves by 5% from 1,725 thousand barrels of oil equivalent ("MBoe") to 1,814 MBoe while total proved reserves increased slightly from 1,137 MBoe in 2012 to 1,145 MBoe in 2013; Added total proved [Read more]
Enerplus Announces Cash Dividend for April 2014 and Elimination of Discount on Stock Dividend Program
CALGARY, March 25, 2014 /CNW/ - Enerplus Corporation ("Enerplus") (TSX: ERF) (NYSE: ERF) announces that a cash dividend in the amount of CDN$0.09 per share will be payable on April 21, 2014 to all shareholders of record at the close of business on April 4, 2014. The ex-dividend date for this payment is April 2, 2014. The CDN$0.09 per share dividend is equivalent to approximately US$0.08 per share if converted using the current Canadian/US dollar exchange rate of 0.8915. The U.S. dollar [Read more]
High North Resources Ltd. announces reduction in gross Overriding Royalty
CALGARY, March 24, 2014 /CNW/ - High North Resources Ltd. (TSXV: HN) (the "Company" or "High North") is pleased to announce that it has entered into an amending agreement on March 21, 2014 (the "Agreement") with Gamma Ventures Inc., Tiger Moth Energy Inc., Triple Pacer Resources Ltd. and McCowan Exploration Management Ltd. (the "Farmors"). The Agreement reduces the rate of the overriding royalty (the "Overriding Royalty") payable under three farmout agreements between the Company and the Farmors [Read more]
LGX Oil + Gas Inc. announces year-end results, 2014 Guidance/Alberta Bakken drilling plans and files annual information form
CALGARY, March 24, 2014 /CNW/ - LGX Oil + Gas Inc. ("LGX" or the "Company") (TSXV:OIL) is pleased to announce it has filed on SEDAR its audited financial statements and related Management's Discussion and Analysis ("MD&A") for the year ended December 31, 2013 as well as its annual information form ("AIF") for the year ended December 31, 2013. Selected financial and operational information is outlined below and should be read in conjunction with LGX's audited financial statements, the [Read more]
National Energy Board releases new Safety and Environmental Performance Dashboard
CALGARY, March 24, 2014 /CNW/ - The National Energy Board (NEB or the Board) today released a new online Safety and Environmental Performance Dashboard. The Dashboard presents key safety and environmental protection data collected by the NEB as a part of its work to hold companies accountable for positive outcomes in these areas. "People are interested in information about how regulated pipeline companies perform on safety and environmental protection," said NEB Chair and CEO Gaétan Caron. [Read more]
Penn West Announces Appointment of New Senior Vice President and Chief Financial Officer
CALGARY, March 24, 2014 /CNW/ - PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE - PWE) ("Penn West" or the "Company") is pleased to announce that Mr. David Dyck has been appointed Senior Vice President and Chief Financial Officer ("CFO") of Penn West effective May 1, 2014. Mr. Dyck replaces Todd Takeyasu who today is stepping down from the role. "On behalf of our Board of Directors and staff, I would like to thank Todd Takeyasu for his tireless efforts over his many years with Penn West and wish him [Read more]
Desmarais Updates Activity, Appoints CFO
CALGARY, March 21, 2014 /CNW/ - Desmarais Energy Corporation (TSXV: DES) (the "Corporation" or "Desmarais") announces that a farm-out horizontal well in the Virginia Hills area of west central Alberta, was completed in the Beaverhill Lake formation early in Q4 2013 with a multi-stage acid fracture stimulation. It has been producing light, sweet crude oil since mid-November. Variable rates have been achieved of approximately 14 - 19 m3/ day or 90 to 120 bopd. Desmarais has a 5% before payout [Read more]
Spectra Energy’s Westcoast Connector Gas Transmission Project Submits Environmental Assessment Certificate Application
Reflects early local input into project design and commitment to British Columbia benefits VANCOUVER, March 21, 2014 /CNW/ - Today, Spectra Energy Corp (NYSE: SE) announced the submission of an Environmental ASSESSMENT Certificate Application (Application) for its Westcoast Connector Gas Transmission Project to the BC Environmental Assessment Office (BC EAO). The Application includes detailed descriptions of Project elements, summaries of studies conducted to assess baseline environmental, [Read more]
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