CALGARY, May 15, 2014 /CNW Telbec/ - Exall Energy Corporation ("Exall" or the "Company") (TSX:EE and TSX:EE.DB) is pleased to announce its financial and operating results for the three months ended March 31, 2014. Exall's public filings can all be found at www.exall.com or www.sedar.com. Highlights: A first quarter 2014 production average of 962 boe per day. A first quarter 2014 Net Back of $46.41. A first quarter 2014 cash flow from operations of $1,959,000. A first quarter 2014 [Read more]
Marquee Energy Ltd. announces first quarter 2014 financial results with record funds flow and production
CALGARY, May 15, 2014 /CNW/ - Marquee Energy Ltd. ("Marquee" or the "Company") (TSXV: "MQL") (OTCQX: MQLXF) is pleased to provide its first quarter 2014 operating and financial results. The Company's consolidated financial statements as at March 31, 2014 and for the three months then ended and management's discussion and analysis for the three months ended March 31, 2014 are available on SEDAR at www.sedar.com and on Marquee's website at www.marquee-energy.com. Financial and Operational [Read more]
Exall Energy Corporation Announces: New Banking Arangements and 18% Working Interest Disposition
CALGARY, May 15, 2014 /CNW Telbec/ - Exall Energy Corporation ("Exall" or the "Company") (TSX:EE and TSX:EE.DB) is pleased to announce its new banking arrangements subject to the completion of a disposition of 18% of Exall's working interest in the Marten Mountain, Alberta area. Exall's filings can all be found at www.exall.com or www.sedar.com. Highlights include: A stepped down Revolving Production Loan Facility of $21.0 million, as of May 30, 2014, with a Canadian financial [Read more]
Connacher Announces Q1 2014 Results
CALGARY, May 14, 2014 /CNW/ - Connacher Oil and Gas Limited (CLL - TSX; "Connacher" or the "Company") announces its financial and operating results for the quarter-ended March 31, 2014 ("Q1 2014") as outlined below (all amounts are in Canadian dollars unless otherwise noted). Q1 2014 Highlights: Connacher's production for Q1 2014 increased by 8% to 13,433 bbl/d (Q1 2013 - 12,406 bbl/d). Production increases were attributable to the Company's four new well pairs at Pad 104 and four infill [Read more]
TORC Oil & Gas Ltd. Announces First Quarter 2014 Financial & Operational Results, Expanded Three Forks/Torquay Budget and Increase to 2014 Guidance
CALGARY, May 14, 2014 /CNW/ - TORC Oil & Gas Ltd. ("TORC" or the "Company") (TSX: TOG) is pleased to announce its financial and operating results for the three month period ended March 31, 2014. The associated Management's Discussion and Analysis ("MD&A") and unaudited interim financial statements as at and for the quarter ended March 31, 2014 can be found at www.sedar.com and www.torcoil.com. Highlights (in thousands, [Read more]
Advantage Announces First Quarter 2014 Financial and Operating Results
Completed Transition to a Pure Play Montney Producer CALGARY, May 13, 2014 /CNW/ - Advantage Oil & Gas Ltd. ("Advantage" or the "Corporation") is pleased to report the unconsolidated financial and operating results (excludes Longview Oil Corp. "Longview") for the three months ended March 31, 2014. In the last twelve months, Advantage transitioned into a highly focused pure play Montney producer. This has contributed to strong first quarter 2014 results which included: 108% increase [Read more]
Cequence Energy Announces First Quarter 2014 Results
CALGARY, May 13, 2014 /CNW/ - Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) is pleased to announce the financial and operating results for the first quarter of 2014. The following are Cequence's financial and operating highlights for the first quarter of 2014: Increased funds flow from operations by 117 percent from the prior year to $23.1 million on the strength of higher production and increased natural gas prices; Corporate operating netbacks increased 62 percent from [Read more]
Twin Butte Energy announces 2014 first quarter financial and operating results and provides an operational update
CALGARY, May 13, 2014 /CNW/ - (TSX: TBE) – Twin Butte Energy Ltd. ("Twin Butte" or the "Company") is pleased to report its financial and operational results for the three months ended March 31, 2014. Highlights of Twin Butte's successful first quarter 2014 are as follows: Record average first quarter production of 22,529 boe/d which is up by 31% from first quarter 2013 while increasing the oil and liquids weighting to 91% from 87%. Record first quarter funds flow of $51.4 million, or [Read more]
Yangarra Announces First Quarter 2014 Financial and Operating Results
CALGARY, May 13, 2014 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSXV:YGR) announces its financial and operating results for the three months ended March 31, 2014. First Quarter Highlights Production was 2,796 boe/d (53% oil and NGL's), a 55% increase from the same period in 2013. Oil and gas sales including royalty income were $16.0 million with funds flow from operations of $10.5 million ($0.07 per share - basic). This was a 132% and 119% increase from the same [Read more]
Artek Exploration Ltd. announces increase to bought deal financing from $38 million to $43 million
CALGARY, May 13, 2014 /CNW/ - Artek Exploration Ltd. ("Artek" or the "Corporation") (TSX - RTK) is pleased to announce that, in connection with its previously announced offering of common shares ("Common Shares") and common shares to be issued on a "flow-through" basis ("Flow-Through Shares"), the Corporation and the Underwriters have agreed to increase the size of the offering to an aggregate of 8,050,000 Common Shares at a price of $4.10 per Common Share and 1,987,000 Flow-Through Shares at a [Read more]
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