CALGARY, Aug. 8, 2013 /CNW/ - Longview Oil Corp. ("Longview" or the "Corporation") (TSX: LNV) is pleased to announce the financial and operating results for the quarter ended June 30, 2013. Three months ended Six months ended June 30, 2013 June 30, 2012 June 30, 2013 June 30, 2012 Financial ($000, except as otherwise indicated) (1) Sales excluding realized [Read more]
Enerplus 2013 Second Quarter Results Ahead of Expectations
This news release includes forward-looking statements and information within the meaning of applicable securities laws. Readers are advised to review the "Forward-Looking Information and Statements" at the conclusion of this news release. Readers are also referred to "Information Regarding Financial and Operational Information" and "Non-GAAP Measures" at the end of this news release for information regarding the presentation of the financial and operational information contained in this news [Read more]
Cequence Energy announces record production and second quarter financial results
CALGARY, Aug. 8, 2013 /CNW/ - Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) is pleased to announce the financial and operating results from the second quarter. Financial and Operating Highlights The following are Cequence's financial and operating highlights for the second quarter of 2013: Increased average production by 29 percent from the prior year to 11,205 boepd and by 27 percent from Q1 2013; Increased funds flow from operations by 225 percent from the prior year [Read more]
Imperial and ExxonMobil Canada Acquire ConocoPhillips’ Interest in Clyden Oil Sands Lease
226,000 gross acres amenable to SAGD recovery Acreage is near Imperial's Corner lease holdings Transaction subject to federal Competition Bureau review CALGARY, Aug. 8, 2013 /CNW/ - Imperial Oil and ExxonMobil Canada have acquired ConocoPhillips' interest in the Clyden oil sands lease, 150 kilometres south of Fort McMurray, Alberta. The Clyden lease is near Imperial's Corner lease holdings and contains 226,000 gross acres amenable to the in-situ recovery technique called Steam-Assisted [Read more]
Penn West Exploration Announces its Financial Results for the Second Quarter Ended June 30, 2013
CALGARY, Aug. 8, 2013 /CNW/ - PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE - PWE) ("PENN WEST" or the "COMPANY") is pleased to announce its results for the second quarter ended June 30, 2013. All figures are in Canadian dollars unless otherwise stated. Three months ended June 30 Six months ended June 30 2013 2012 % change 2013 2012 % change Financial (millions, except per share [Read more]
Bellatrix Exploration Ltd. Announces Second Quarter 2013 Financial Results
CALGARY, Aug. 8, 2013 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE MKT: BXE) announces its financial and operating results for the three and six months ended June 30, 2013. Forward-Looking Statements This press release, including the report to shareholders, contains forward-looking statements. Please refer to our cautionary language on forward-looking statements and the other matters set forth at the beginning of the management's discussion and analysis (the [Read more]
Penn West Exploration Announces Results of Contingent Resources Studies
CALGARY, Aug. 7, 2013 /CNW/ - PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE - PWE) ("PENN WEST" or the "Company") is pleased to announce the results of contingent and prospective resource studies (the "Resource Reports") recently completed by an independent qualified reserves evaluator on behalf of the Company, covering the Company's interests in the Slave Point, Viking, Waskada, Swan Hills and Cardium. The Resource Reports further substantiate Penn West's ongoing assessment of the oil resources [Read more]
Offshore oil production to fuel economic growth in St. John’s
OTTAWA, Aug. 7, 2013 /CNW/ - Increased offshore oil production will make St. John's, Newfoundland and Labrador the fastest growing economy among 15 Canadian cities in 2013, according to The Conference Board of Canada's Metropolitan Outlook-Summer 2013. "With economic growth forecast to reach five per cent this year, St. John's is expected to more than recover from a 3.2 per cent decline in 2012," said Mario Lefebvre, Director of the Conference Board's Centre for Municipal Studies. "As the hub [Read more]
Surge Energy Inc. Announces Dividend Increase, Operating and Financial Results for the Second Quarter 2013, and Reiterates 2013/2014 Guidance
CALGARY, Aug. 7, 2013 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) is pleased to announce an increase to its dividend, the Company's financial and operating results for the three and six month periods ended June 30, 2013 and a reiteration of 2013/2014 guidance. DIVIDEND INCREASE Based upon: 1) better than anticipated drilling results at Valhalla, Silver and Nipisi South; 2) better than anticipated early waterflood response at Nipisi; 3) significantly better than forecasted [Read more]
Alberta Energy Regulator Approves Dover Commercial Project
CALGARY, Aug. 6, 2013 /CNW/ - Athabasca Oil Corporation (TSX: ATH) has been informed that the Alberta Energy Regulator (formerly ERCB) panel has approved the Dover Commercial Project subject to approval by the Lieutenant Governor in Council. The approval will be sent to the Alberta government cabinet for their consideration. The Dover Commercial Project is operated by Brion Energy Corporation, an operating company jointly owned by Athabasca and a wholly owned subsidiary of PetroChina. The in [Read more]
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