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]
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]
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