CALGARY , Alberta, March 25, 2013 /CNW/ - Equal Energy Ltd. (EQU.TO) (EQU) ("Equal") confirms that it is aware of a public announcement by Montclair Energy, LLC ("Montclair") today with respect to its prior unsolicited and conditional proposal dated February 27, 2013 to acquire all of the common shares of Equal (the "Proposal"). In response to Equal's receipt of the afore-mentioned Proposal and a number of verbal non-binding and conditional expressions of interest for a potential transaction, [Read more]
Invicta Energy Corp. Announces Profitable Year End Financial and Operating Results for 2012
CALGARY , March 22, 2013 /CNW/ - Invicta Energy Corp. ("Invicta" or the "Company") (VCA.V) is pleased to report its financial and operating results for year ended December 31, 2012. Invicta's audited financial statements and related management's discussion and analysis for three months and year ended December 31, 2012 have been filed and are available on the SEDAR website at www.sedar.com and may also be obtained on Invicta's website at www.invictaenergy.ca. During 2012 Invicta continued the [Read more]
Marquee Energy Continues Transition to Oil Producer in 2012
CALGARY , March 21, 2013 /CNW/ - Marquee Energy Ltd. ("Marquee" or the "Company") (TSXV: "MQL") is pleased to announce its fourth quarter and annual operating and financial results and provide an update on recent activities. ACHIEVEMENTS AND HIGHLIGHTS Marquee achieved its goal of transitioning from a gas weighted to an oil and liquids weighted company in 2012. The significant growth in both production and land base in the Company's core Michichi area, together with the acquisition and [Read more]
Enerplus Announces Succession of President & CEO
CALGARY , March 21, 2013 /CNW/ - The Board of Directors of Enerplus Corporation ("Enerplus") (ERF.TO) (ERF) today announced that Mr. Gordon J. Kerr will be retiring as President & Chief Executive Officer ("CEO") effective June 30, 2013 . Mr. Ian C. Dundas , currently Executive Vice President & Chief Operating Officer, will succeed Mr. Kerr as President & Chief Executive Officer. Mr. Kerr will also be retiring as a Director of Enerplus on June 30, 2013 , and Mr. Dundas will assume a [Read more]
Twin Butte Energy Announces Record 2012 Year End Results
CALGARY , March 21, 2013 /CNW/ - (TBE.TO) - Twin Butte Energy Ltd. ("Twin Butte" or the "Company") is pleased to report financial and operational results for the three and twelve months ended December 31, 2012 . Twin Butte previously released 2012 year end reserves on February 27, 2013 . Highlights of Twin Butte's highly successful 2012 are as follows: Demonstrated a sustainable dividend paying model with a payout ratio of 91 percent and a payout ratio net of the DRIP, of 89 percent in [Read more]
Hawk Announces Year End Reserves and Provides Operations Update
CALGARY, March 20, 2013 /CNW/ - Hawk Exploration Ltd. ("Hawk" or the "Corporation") is pleased to provide an operations update and a summary of its December 31, 2012 reserve information as evaluated by GLJ Petroleum Consultants Ltd. ("GLJ"). HIGHLIGHTS Increased total proved reserves by 43% from 797 thousand barrels of oil equivalent ("MBoe") in 2011 to 1,137 MBoe in 2012 and increased total proved plus probable oil reserves by 31% from 1,319 MBoe to 1,725 MBoe; Added total proved [Read more]
Athabasca Oil Corporation Announces 2012 Year-End Results
CALGARY, March 21, 2013 /CNW/ - Athabasca Oil Corporation (TSX:ATH.TO) is pleased to announce its 2012 Year End Results. The Company achieved numerous corporate milestones and transitioned from a pure exploration company to an exploration and production (E&P) company with a balanced portfolio of light oil production and a wholly-owned thermal oil project under construction. Some of the 2012 highlights include: Light Oil Completion of infrastructure, including a 63-kilometre-long, [Read more]
Whitecap announces record 2012 production and cash flow
CALGARY , March 20, 2013 /CNW/ - Whitecap Resources Inc. ("Whitecap", "we", "us", "our" or the "Company") (WCP.TO) is pleased to announce that we have filed on SEDAR our audited financial statements and related Management's Discussion and Analysis ("MD&A") for the year ended December 31, 2012 . Selected financial and operational information is outlined below and should be read in conjunction with Whitecap's audited financial statements and related MD&A and Annual Information Form ("AIF") [Read more]
Surge Energy Inc. announces 2012 year-end results and files annual information form
CALGARY, March 20, 2013 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX:SGY.TO) is pleased to announce its financial and operating results for the year ended December 31, 2012 and has filed its Annual Information Form ("AIF") for the year ended December 31, 2012 on SEDAR. FINANCIAL AND OPERATING SUMMARY: Certain selected financial and operations information for the three months and year ended December 31, 2012 and the 2011 comparative information are outlined below and should be [Read more]
Equal Energy Enters into Settlement Agreement with Shareholders
CALGARY , Alberta, March 19, 2013 /CNW/ - Equal Energy Ltd. (EQU.TO) (EQU) today announced a settlement with Mr. Nawar Alsaadi and Dr. Adam Goldstein resolving previous disagreements. As disclosed in a press release dated January 24 2013, Equal filed a suit against Mr. Alsaadi and Dr. Goldstein for allegedly violating United States securities laws and certain publications and statements they made concerning their views about Equal and its management. Pursuant to the settlement agreement, [Read more]
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