CALGARY, April 29, 2013 /CNW/ - (TSX:PMT.TO) - Perpetual Energy Inc. ("Perpetual" or the "Company") is pleased to announce: 1) The exercise of its option to purchase an additional 20 percent interest in Warwick Gas Storage ("WGS LP"); 2) Confirmation of funding for the Panny Bitumen Project through the Government of Alberta's Innovative Energy Technologies Program ("IETP"); and 3) Renewal of Perpetual's credit facility with a revised borrowing base of $125 million. Warwick Gas [Read more]
Imperial Oil Announces First Production From Kearl Oil Sands Project (pictures and video)
Technology innovations signal next generation of oil-sands mining Kearl key step in Imperial's plan to double production to 600,000 barrels per day by 2020 First of three froth trains producing bitumen CALGARY, April 27, 2013 /CNW/ - Imperial Oil Limited today announced the start-up of the initial development of the Kearl oil sands project, which incorporates next-generation technology innovations that significantly enhance environmental performance. "Kearl is a historic [Read more]
3MV Energy Announces Year-End 2012 Results
/THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR TO ANY UNITED STATES NEWS SERVICES./ CALGARY, April 26, 2013 /CNW/ - 3MV Energy Corp. ("3MV" or the "Company") (TSXV:TMV.V) is pleased to report its financial and operating results for year ended December 31, 2012. 3MV's audited financial statements and related management's discussion and analysis for the year endedDecember 31, 2012 have been filed and are available on the SEDAR website at www.sedar.com and on the Company's [Read more]
LGX Oil + Gas Inc. announces stock option grant
CALGARY, April 26, 2013 /CNW/ - LGX Oil + Gas Inc. ("LGX" or the "Company") (TSXV:OIL.V) announces that it has granted a total of 1,813,000 stock options to directors, officers, employees and consultants of the Company pursuant to the Company's stock option plan. The options are exercisable at a price of $0.47 per share. The options have a five-year term and vest as to one third each year following the date of grant. LGX is a uniquely positioned, technically driven, junior oil and natural gas [Read more]
Yangarra Provides an Operations Update, Increases its Credit Facility and Files its Annual Information Form
CALGARY, April 25, 2013 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX-V:YGR.V) provides an operations update, announces an increase to its credit facility and files its Annual Information Form. Operations Update Yangarra's new Ferrier gas processing facility (100% working interest), constructed under budget and ahead of schedule, was put into service April 10, 2013. The Company's facility is currently ramping up to its full capacity of 12 mmcf/d with six of eight standing [Read more]
Imperial Oil announces estimated first quarter financial and operating results
FOR THE THREE MONTHS ENDED MARCH 31, 2013 CALGARY , April 25, 2013 /CNW/ - First quarter (millions of dollars, unless noted) 2013 2012 % Net income (U.S. GAAP) 798 1,015 (21) Net income per common share - assuming dilution (dollars) 0.94 1.19 (21) Capital and exploration expenditures 2,976 1,173 154 Rich [Read more]
Novus Energy Inc. Announces Year End 2012 Financial and Operational Results and Achieves Record Production and Funds Flow
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S./ CALGARY, April 25, 2013 /CNW/ - Novus Energy Inc. ("Novus" or the "Company") is pleased to announce that it has filed its audited financial statements and management's discussion and analysis ("MD&A") as at and for the fiscal year ended December 31, 2012. These may be accessed through the SEDAR websitewww.sedar.com and at the Company's websitewww.novusenergy.ca. Novus had a very active and highly successful [Read more]
Cenovus reports voting results of election of directors
CALGARY, April 24, 2013 /CNW/ - Cenovus Energy Inc. (TSX, NYSE: CVE) announced that at its annual meeting of shareholders held on April 24, 2013 each of the nine nominees proposed as directors and listed in its management proxy circular datedMarch 1, 2013 were elected as directors. The detailed results of the vote are set out below. Nominee Votes For Votes [Read more]
Wrangler West Reports 2012 Operating and Financial Results
CALGARY, April 24, 2013 /CNW/ - Wrangler West Energy Corp. ("Wrangler West" or the "Company") (TSX-V "WX") announces filing on SEDAR of the Company's audited Financial Statements and related Management's Discussion and Analysis ("MD&A") for the year endedDecember 31, 2012 with comparative data for the year ended December 31, 2011. All documents may be viewed at www.sedar.com. Year ended December [Read more]
Athabasca Oil Corporation Comments on the Public Hearing for the Dover Commercial Oil Sands Project
CALGARY, April 24, 2013 /CNW/ - Athabasca Oil Corporation (TSX: ATH) is responding to a request from Investment Industry Regulatory Organization of Canada (IIROC) to comment on recent market activity involving its shares, which may be related to recent newspaper articles about yesterday's commencement of the previously disclosed public hearing by the Energy Resources Conservation Board ("ERCB") in Fort McMurray, Alberta in respect of the Dover Commercial Oil Sands Project. Dover Operating [Read more]
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