CALGARY, Aug. 26, 2014 /CNW/ - PENN WEST PETROLEUM LTD. (TSX – PWT; NYSE – PWE) ("PENN WEST", the "COMPANY", "we", "us" or "our") today provides an update on the Audit Committee's review originally announced on July 29, 2014 and confirms that its reserves volumes and values are not impacted by the accounting practices under review. INTERNAL REVIEW UPDATE Penn West reports that the Audit Committee's review is ongoing and that it continues to work diligently and devote all necessary resources to [Read more]
Palliser Oil & Gas Corporation Reports Q2 2014 Financial and Operating Results/Updates Maha Transaction
CALGARY, Aug. 26, 2014 /CNW/ - Palliser Oil & Gas Corporation ("Palliser" or the "Company") (TSX VENTURE:PXL) wishes to report financial and operating results for the three and six months ended June 30, 2014. Certain selected financial and operational information is set out below and should be read in conjunction with Palliser's financial statements complete with the notes to the financial statements and related MD&A which is expected to be available at www.sedar.com and the Company's [Read more]
Palliser Oil & Gas Corporation comments on trading halt
CALGARY, Aug. 22, 2014 /CNW/ - Palliser Oil & Gas Corporation ("Palliser") (TSXV:PXL) announces that the Investment Industry Regulatory Organization of Canada has halted trading of Palliser's common shares. The halt was initiated upon the request of the TSX Venture Exchange ("TSXV") after the TSXV determination to treat the proposed amalgamation of Palliser with Maha Energy Inc. (the "Amalgamation") as a "reverse takeover" as such term is defined in the TSXV Policies requiring additional [Read more]
Hawk Announces Second Quarter 2014 Results
CALGARY, Aug. 22, 2014 /CNW/ - Hawk Exploration Ltd. ("Hawk" or the "Corporation") is pleased to announce its results for the three and six months ended June 30, 2014. The Corporation's interim financial statements for the three and six months ended June 30, 2014 and its management's discussion and analysis for the three and six months ended June 30, 2014 are available for viewing on SEDAR at www.sedar.com under Hawk's profile or on the Corporation's website at www.hawkexploration.ca under [Read more]
Marquee Energy Ltd. Announces Second Quarter 2014 Financial Results with Record Funds Flow and Production
CALGARY, Aug. 21, 2014 /CNW/ - Marquee Energy Ltd. ("Marquee" or the "Company") (TSXV: "MQL") (OTCQX: MQLXF) is pleased to report record funds flow from operations and production for the second quarter of 2014. The Company's financial statements and Management's Discussion and Analysis ("MD&A") for the three and six months ended June 30, 2014 are available on SEDAR at www.sedar.com and on Marquee's website at www.marquee-energy.com. Financial and Operational Highlights [Read more]
SilverWillow Energy Corporation Announces Results for the Quarter Ended June 30, 2014
CALGARY, Aug. 21, 2014 /CNW/ - SilverWillow Energy Corporation (TSXV:SWE) has filed its second quarter financial statements and management's discussion and analysis for the quarter ended June 30, 2014. The second quarter financial statements and management's discussion and analysis are available for viewing on our website at www.swenergy.ca and on SEDAR at www.sedar.com. In light of the progress made to date by the corporation in scaling back its operations to reduce expenses, as well as [Read more]
LGX Oil + Gas Inc. enters into $30 million bank facility, increases exit production and capital budget guidance, and spuds first horizontal well in 2014 Alberta Bakken development drilling program
CALGARY, Aug. 21, 2014 /CNW/ - LGX Oil + Gas Inc. ("LGX" or the "Company") (TSXV:OIL) is pleased to announce that it has spud the first horizontal well in its 2014 Alberta Bakken development drilling program, revised its 2014 exit production guidance to 1,500 Boe per day from the previously announced exit production guidance of 1,400 Boe per day and replaced its previous banking facility with a new $30 million banking facility. LGX spud the first well (15-25-8-24W4) of a budgeted two well [Read more]
National Energy Board to hear oral Aboriginal traditional evidence for Trans Mountain Expansion Project
CALGARY, Aug. 21, 2014 /CNW/ - The National Energy Board (NEB or the Board) will begin hearing oral traditional evidence from registered Aboriginal intervenors for the Trans Mountain Pipeline Expansion Project on Monday 25 August in Edmonton. The hearings will begin at 9 am at the Edmonton Hotel & Convention Centre and the public is welcome to attend. The Board recognizes that Aboriginal peoples have an oral tradition for sharing stories, lessons, and knowledge from generation to [Read more]
Stockwell Day joins Pacific Future Energy
Former International Trade Minister joins project to refine Alberta bitumen for Asian markets VANCOUVER, Aug. 21, 2014 /CNW/ - Pacific Future Energy Corporation (Pacific Future Energy) is pleased to announce that former International Trade Minister, former Treasurer (Minister of Finance) and Acting Premier of Alberta, and former Leader of the Her Majesty's Official Opposition, the Honourable Stockwell Day, P.C., has joined its management team as a Senior Advisor, Director, and chair of the [Read more]
PanTerra Resource Corp. Announces Second Quarter Financial and Operating Results
TSX Venture Exchange: PRC CALGARY, Aug. 21, 2014 /CNW/ - PanTerra Resource Corp. ("PanTerra" or the "Corporation") has filed today on SEDAR its unaudited condensed interim financial statements and related management's discussion and analysis ("MD&A") for the three months ended June 30, 2014. The financial statements and MD&A will be available for review at www.sedar.com. Highlights Completed the recapitalization of the Corporation on May 22, 2014 including a $20 million ($19.8 [Read more]
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