Albany, NY, June 29, 2015 (GLOBE NEWSWIRE) -- A new report has been published by Transparency Market Research, titled "Liquefied Natural Gas Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019". TMR, a market intelligence company based in the U.S., states that the global liquefied natural gas market was estimated at US$161.4 million in 2012. Growing at a CAGR of 2.8% between 2013 and 2019, it is anticipated to reach 196.4 million by 2019. As per the TMR [Read more]
Quattro Agrees to Purchase 1.288 Million BOE of Oil, Natural Gas and Liquids in British Columbia
CALGARY, Alberta, June 18, 2015 (GLOBE NEWSWIRE) -- Quattro Exploration And Production Ltd. (TSX-V:QXP) ("Quattro" or the "Company") is pleased to announce that it has signed a binding Letter of Intent to purchase oil and gas production, facilities and lands from an Alberta-based private oil and gas exploration and production company. The purchase price for the acquisition is $5,182,630 to be paid through the issuance of equity and the assumption of decommissioning liabilities. The properties [Read more]
Toscana Energy Confirms Closing of Previously Announced Transactions
CALGARY, Alberta, June 18, 2015 (GLOBE NEWSWIRE) -- Toscana Energy Income Corporation ("Toscana Energy" or the "Company") (TSX:TEI) is pleased to announce that it has closed on its previously announced asset acquisition of approximately 200 BOEs/d of long life oil and gas assets within the Company's core operating areas of southern and central Alberta (the "Assets"). The aggregate purchase price in respect of the Assets acquired was $9 million which was satisfied using the Company's existing [Read more]
Quattro Commences Trading and Provides Corporate Update Confirming an Additional 200 boe Per Day of Production
CALGARY, Alberta, June 15, 2015 (GLOBE NEWSWIRE) -- Quattro Exploration and Production Ltd. (TSX-V:QXP) ("Quattro" or the "Company") is pleased to report the resumption of trading of its common shares on the TSX Venture Exchange under the trading symbol "QXP" and the successful addition of 200 boe per day at Milo Clarke Lake, in North East British Columbia. Quattro focused in the first quarter of 2015 on the remediation, equipping of 3 wells in the region and a re-entry program at Muskwa, a well [Read more]
Quattro Announces Revocation of Cease Trade Orders
CALGARY, Alberta, June 4, 2015 (GLOBE NEWSWIRE) -- Quattro Exploration and Production Ltd. (TSX.V:QXP) ("Quattro" or the "Company") is pleased to announce that both the Alberta Securities Commission ("ASC") and the British Columbia Securities Commission ("BCSC") have revoked the cease trade orders that they had previously issued against the Company. On June 3, 2015, the ASC revoked the cease trade order it had issued on May 6, 2015 for the Company's failure to file with the Executive Director of [Read more]
Quattro Releases 1st Quarter Financials Reporting Net Earnings of $0.01 Per Share
CALGARY, Alberta, June 1, 2015 (GLOBE NEWSWIRE) -- Quattro Exploration and Production Ltd. (TSX-V:QXP) ("Quattro" or the "Company") is pleased to announce the filing of its first quarter 2015 financial statements, reporting CDN $0.01 per share earnings. The Company has reported the following results for the 3 months ending March 31st, 2015: • Revenues $ 3,447,358 • Net income from operations, $14.79 per boe "Net Back" $ 1,876,572 • Net earnings, after tax of $0.01 per [Read more]
Quattro Files Annual Financial Statements, Reports Year End Profit of $0.06 Per Share
CALGARY, Alberta, May 28, 2015 (GLOBE NEWSWIRE) -- Quattro Exploration and Production Ltd. (TSX-V:QXP) ("Quattro" or the "Company") is pleased to announce for its full year ending December 31st, 2014, CDN $0.06 per share earnings. The Company recorded revenues of $18,003,880, representing 478% growth over year end 2013. In achieving strong results Quattro continued to focus on developing a strong and improving financial position as the foundation for further growth, while continuing its [Read more]
Barnwell Industries, Inc. Reports Results for the Second Quarter and Six Months Ended March 31, 2015
HONOLULU, May 13, 2015 (GLOBE NEWSWIRE) -- Barnwell Industries, Inc. (NYSE MKT:BRN) today reported net losses of $2,017,000 ($0.24 per share) and $2,484,000 ($0.30 per share) for the three and six months ended March 31, 2015, respectively, as compared to net losses of $285,000 ($0.03 per share) and $1,274,000 ($0.15 per share) for the three and six months ended March 31, 2014, respectively. Mr. Morton H. Kinzler, Chairman and Chief Executive Officer of Barnwell, commented, "The loss for the [Read more]
Quicksilver Resources Receives Approval of All “First Day Motions”
FORT WORTH, Texas, March 20, 2015 (GLOBE NEWSWIRE) -- Quicksilver Resources Inc. (OTC Pink:KWKAQ) announced today the approval by the United States Bankruptcy Court for the District of Delaware (the "Court") of all of the Company's "first day" motions. "The Court's approval is a positive step forward in our efforts to address current financial challenges and to position Quicksilver as a strong competitor in the oil and gas industry," said Glenn Darden, Quicksilver's Chief Executive Officer. [Read more]
Quicksilver Resources Files Voluntary Chapter 11 Petitions to Facilitate Financial Restructuring
FORT WORTH, Texas, March 17, 2015 (GLOBE NEWSWIRE) -- Quicksilver Resources Inc. (OTCQB:KWKA) announced today that the Company and its U.S. subsidiaries Barnett Shale Operating LLC, Cowtown Drilling, Inc., Cowtown Gas Processing L.P., Cowtown Pipeline Funding, Inc., Cowtown Pipeline L.P., Cowtown Pipeline Management, Inc., Makarios Resources International Holdings LLC, Makarios Resources International Inc., QPP Holdings LLC, QPP Parent LLC, Quicksilver Production Partners GP LLC, Quicksilver [Read more]