CALGARY, March 12, 2013 /CNW/ - TORC Oil & Gas Ltd. ("TORC" or the "Company") (TSX:TOG.TO) is pleased to announce its financial and operating results for the three month periods and years ending December 31, 2011 and 2012, and to provide its 2012 year-end reserves information as evaluated by Sproule Associates Limited ("Sproule"). TORC completed the acquisition of Vero Energy Inc. ("Vero") effective November 19, 2012 and all figures are pro forma Vero as of that date. The associated [Read more]
Surge Energy Inc. Announces Significant Exploration Drilling Success at Nipisi South, Valhalla and Silver Core Areas
CALGARY , March 12, 2013 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (SGY.TO) is pleased to announce significant new pool additions and pool extensions at three of its primary operating properties. Western Alberta: Nipisi South (Slave Point) - New Light Oil Pool Discovery Surge has successfully drilled, completed and brought on production a horizontal well (13-36-76-9W5; 73 percent working interest or "WI") at Nipisi South for a total cost of $3.2 million . The horizontal [Read more]
Perpetual Energy Inc. Releases Year End 2012 Financial and Operating Results and Announces West Edson Development Plan
CALGARY, March 11, 2013 /CNW/ - (TSX:PMT.TO) - Perpetual Energy Inc. ("Perpetual" or the "Corporation" or the "Company") is pleased to report fourth quarter and year end 2012 financial and operating results. Detailed results are presented in Perpetual's audited consolidated financial statements and related Management's Discussion and Analysis ("MD&A") which can be obtained through the Corporation's website at www.perpetualenergyinc.com and SEDAR at www.sedar.com. Perpetual is also pleased [Read more]
Connacher Announces Appointment of Chief Executive Officer
CALGARY , March 11, 2013 /CNW/ - Connacher Oil and Gas Limited (CLL - TSX; "Connacher" or the "Company") announced today that Mr. Christopher Bloomer will become Connacher's Chief Executive Officer, effective April 11, 2013 . In conjunction with this role, Mr. Bloomer will also be appointed a director of Connacher. Mr. Bloomer has over 30 years of experience in the domestic and international energy business. For the past 10 years he has been an executive with Petrobank Energy and Resources [Read more]
Bellatrix Exploration Ltd. announces updated well test results
CALGARY, March 11, 2013 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE MKT: BXE) is pleased to announce the well test results of its most recent long reach Fahler horizontal liquids rich natural gas well. At Ferrier, the Company drilled its first long reach Fahler horizontal liquids rich natural gas well (100% working interest) to a total depth of 5,205 meters with a horizontal length of 2,845 meters. The well was fracture stimulated in 36 stages and tested at [Read more]
Cequence Energy announces 35% growth in reserves and 2012 financial and operating results
CALGARY , March 7, 2013 /CNW/ - Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: "CQE") is pleased to announce its 2012 year end reserves and its operating and financial results for the three months and the year ended December 31, 2012 . Reserve Highlights Cequence's 2012 year end reserves reflect a continued focus on the successful delineation of its Simonette property in the Deep Basin of Alberta. The growth in reserves further substantiates management's views that the Company's [Read more]
Marquee Energy Ltd. announces 330% increase in Michichi core area reserves
CALGARY, March 7, 2013 /CNW/ - Marquee Energy Ltd. ("Marquee" or the "Company") (TSXV:MQL.V) is pleased to announce the results of its 2012 year-end oil and gas reserves evaluation. Marquee's year-end 2012 reserves were evaluated by independent reserves evaluator Sproule & Associates Consultants Ltd. ("Sproule"). The evaluation of all of Marquee's oil and gas properties was done in accordance with the definitions, standards and procedures contained in the Canadian Oil and Gas Evaluation [Read more]
Athabasca Oil Corporation Provides Light Oil Operations Update
CALGARY, March 6, 2013 /CNW/ - Athabasca Oil Corporation (TSX:ATH.TO) is pleased to provide an update of its light oil operations in the Fox Creek area of the Alberta Deep Basin. In December 2012, the Light Oil Division achieved its goal with production rates of greater than 10,000 barrels of oil equivalent per day (boe/d) comprised of approximately 50 percent oil and condensate. Daily oil and gas production ramped up during Q4 2012, as the Company constructed and commissioned its [Read more]
Athabasca Oil Corporation Announces Executive Appointments
CALGARY, March 6, 2013 /CNW/ - Athabasca Oil Corporation (TSX:ATH.TO) announces the following executive appointments to bolster its evolution into development and production activities. In response to rapid growth in Athabasca's Thermal Oil and Light Oil divisions, the Board of Directors is pleased to announce the addition of Brent Heagy, CA, to its executive management team. Effective March 11, 2013, Mr. Heagy joins the Company as the chief financial officer, bringing more than thirty years of [Read more]
TriOil provides update on strategic process
CALGARY, March 4, 2013 /CNW/ - (TSXV:TOL.V) TriOil Resources Ltd. ("TriOil" or the "Corporation") announces that its independent committee of directors (the "Special Committee") continues to work with its financial advisors in connection with the strategic alternatives process. Specifically, under the direction of the Special Committee, the financial advisors to the Special Committee and management have commenced populating the virtual data room to be used in connection with such process and [Read more]