BOE Report

Yangarra Announces Year End 2014 Financial and Operating Results

CALGARY, March 19, 2015 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX:YGR) releases its 2014 financials. 2014 Financial and Operating Highlights Average daily production was 2,870 boe/d, a 30% increase from 2013. Oil and gas sales, after royalties, were $51.4 million with funds flow from operations of $38.3 million ($0.70 per share - basic).  This represents a 48% increase and a 49% increase, respectively, from 2013. Net Income of $24.4 million ($0.45 per share - [Read more]

Whitecap Resources Inc. Announces Fourth Quarter and Year End 2014 Results

CALGARY, March 17, 2015 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to report its operating and audited financial results for the year ended December 31, 2014. Whitecap's audited consolidated financial statements and related Management's Discussion and Analysis ("MD&A") and Annual Information Form ("AIF") will be available at www.sedar.com and on our website at www.wcap.ca. FINANCIAL AND OPERATING HIGHLIGHTS Three months ended [Read more]

Ironhorse Announces 2014 Reserves

CALGARY, March 17, 2015 /CNW/ - Ironhorse Oil & Gas Inc. ("Ironhorse" or the "Company") (TSX-V: IOG) announces its 2014 year-end reserves information The Company's year-end reserves evaluation with the effective date of December 31, 2014 was prepared by GLJ Petroleum Consultants Ltd. and Sproule Associates Limited in accordance with definitions, standards and procedures contained in the Canadian Oil and Gas Evaluation Handbook ("COGE Handbook") and NI 51-101 "Standards of Disclosure for Oil [Read more]

Athabasca Oil Corporation Announces Executive Changes and Cost Initiatives Update

CALGARY, March 17, 2015 /CNW/ - Athabasca Oil Corporation (TSX: ATH) ("Athabasca" or the "Company") announces the separation of the Chair of the Board and Chief Executive Officer ("CEO") role effective April 20, 2015.  Additionally, in conjunction with the strategic initiatives outlined in the fall the Company has now also concluded a thorough review and realignment of its corporate cost structure. Executive Changes On October 1, 2014 Mr. Buchanan, Board Chair, was appointed President and [Read more]

Nexen Energy ULC announces organizational changes in response to industry downturn

CALGARY, March 17, 2015 /CNW/ - Nexen Energy ULC (Nexen), a wholly owned subsidiary of CNOOC Limited, has announced organizational changes that will reduce its North American workforce by approximately 350 employees. Nexen UK has also initiated a consultation process to adjust its staffing levels by approximately 50 employees. "In response to the recent industry downturn that has affected all companies in the energy sector, a decision was made to conduct a thorough review of our organization [Read more]

Former Ontario Energy Board COO Aleck Dadson joins StrategyCorp Inc.

Sector Expert to lead Energy and Utilities Group at the multi-disciplinary consulting firm TORONTO, March. 17, 2015 /CNW/ - StrategyCorp Inc. is pleased to announce that former Ontario Energy Board (OEB) Chief Operating Officer, Aleck Dadson, has joined the consulting firm to lead their Energy and Utilities Group. Dadson brings considerable knowledge of the regulatory and public policy environment as well as an accomplished background in the Canadian and global energy sectors. Dadson joins [Read more]

Couche-Tard Signs Agreement to Buy Shell's Retail, Commercial Fuels and Aviation businesses in Denmark

LAVAL, QC, March 17, 2015 /CNW Telbec/ - Alimentation Couche-Tard Inc. ("Couche-Tard") (TSX: ATD.A ATD.B) announces today that it has signed, through its wholly-owned indirect Danish subsidiary Statoil Fuel & Retail A/S, an agreement with A/S Dansk Shell to acquire its Retail, Commercial Fuels and Aviation businesses in Denmark. Pending the customary regulatory approvals and closing conditions, the transaction is expected to close in the second half of Couche-Tard's fiscal year 2016. The [Read more]

InterOil announces positive 2014 results

SINGAPORE and PORT MORESBY, Papua New Guinea, March 17, 2015 /CNW/ -- InterOil Corporation (NYSE: IOC; POMSoX: IOC) announced its financial results for the fourth quarter and full year ending December 31, 2014. The company is well placed for development of the Elk-Antelope gas field in Papua New Guinea, potentially the lowest cost new-build LNG project in the world. In addition, the company has identified five targets, outside of Elk-Antelope, with a potential of 17 trillion cubic feet of gas [Read more]

Journey Energy Inc. reports its 2014 financial results

CALGARY, March 16, 2015 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") is pleased to announce its 2014 financial results. The highlights of our fourth quarter and full year results are shown below. HIGHLIGHTS In 2014, Journey completed a significant acquisition, increasing production and capital project inventory while reducing our corporate decline rate, and transitioned to a public dividend paying exploration and production company through an initial public [Read more]

Whitecap Resources Inc. confirms monthly dividend for March of $0.0625 per share

CALGARY, March 16, 2015 /CNW/ - Whitecap Resources Inc. (TSX: WCP) is pleased to announce that a cash dividend of Cdn. $0.0625 per common share in respect of March operations will be paid on April 15, 2015 to shareholders of record on March 31, 2015. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). Whitecap Resources Inc. is a dividend paying, oil-weighted company focused on providing sustainable monthly dividends to its shareholders and per share growth [Read more]