Puma Energy Enters UK Market SINGAPORE, March 13, 2015 /CNW/ -- Puma Energy, the globally integrated midstream and downstream energy company, has today announced the acquisition of a series of UK assets from Murco Petroleum Limited, a subsidiary of Murphy Oil Corporation (NYSE:MUR). The acquisition includes the Milford Haven facility in Wales, UK and three inland terminals at Westerleigh, Theale and Bedworth, as well as Murco's wholesale and distribution business in the UK. This in total adds [Read more]
Perpetual Energy Inc. Announces Swap of West Edson Property for 6.75 Million Tourmaline Shares with Market Value of $256.5 Million
CALGARY, March 12, 2015 /CNW/ - (TSX:PMT) - Perpetual Energy Inc. ("Perpetual", the "Corporation" or the "Company") is pleased to announce the signing of a definitive agreement with Tourmaline Oil Corp. ("Tourmaline") to swap its joint interest share in its West Edson asset in West Central Alberta in exchange for 6.75 million TOU common shares ("TOU Shares") having a current market value of approximately $256.5 million based on today's closing price of the TOU Shares on the Toronto Stock [Read more]
Toscana Energy Announces Fiscal Year 2014 Financial and Operating Results and 2014 Reserves
CALGARY, March 12, 2015 /CNW/ -Toscana Energy Income Corporation ("TEI" or the "Corporation") (TSX: TEI) announces financial and operating results for the year ended December 31, 2014, and the Corporation's 2014 year-end reserves. Financial and operating results: The following summarizes information contained in the Consolidated Financial Statements and Management's Discussion and Analysis ("MD&A") for the year ended December 31, 2014. This news release should not be considered a [Read more]
Penn West Confirms Filing of its 2014 Year End Disclosure Documents
CALGARY, March 12, 2015 /CNW/ - PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE - PWE) ("Penn West", the "Company", "we", "us" or "our") announces that it has filed with Canadian securities regulatory authorities its audited Consolidated Financial Statements for the year ended December 31, 2014 and related Management's Discussion and Analysis. Penn West has also filed its Annual Information Form for the year ended December 31, 2014, which includes the disclosure and reports relating to reserves data [Read more]
Penn West Announces 2015 First Quarter Dividend
CALGARY, March 12, 2015 /CNW/ - PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE - PWE) ("Penn West") announces that the Board of Directors has declared a first quarter 2015 dividend of $0.01 per share to be paid on April 15, 2015 to shareholders of record at the close of business on March 31, 2015. Shareholders are advised that this dividend is designated as an "eligible dividend" for Canadian income tax purposes. About Penn West Penn West is one of the largest conventional oil and natural gas [Read more]
Penn West Announces its Financial and Operational Results for the Fourth Quarter and Year Ended December 31, 2014 and 2014 Reserves Results
CALGARY, March 12, 2015 /CNW/ - PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE - PWE) ("Penn West", the "Company", "we", "us" or "our") is pleased to announce its financial and operational results for the fourth quarter and year ended December 31, 2014. All figures are in Canadian dollars unless otherwise stated. Three months ended December 31 Year ended December 31 2014 2013 % change 2014 2013 % change Financial (millions, except per share [Read more]
Athabasca Oil Corporation Announces 2014 Year-End Results and Reserves
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]
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