CALGARY, ALBERTA--(Marketwired - March 4, 2014) - Donnybrook Energy Inc. ("Donnybrook" or the "Company") (TSX VENTURE:DEI) announces that Mr. David Patterson has resigned as a director and Chairman of the Company for personal reasons, effective immediately. Donnybrook thanks Mr. Patterson for his contributions to the Company and wishes him well with his future endeavours. Further information relating to Donnybrook is also available on its website at www.donnybrookenergy.ca. [Read more]
Donnycreek Announces Resignation of Director
CALGARY, ALBERTA--(Marketwired - March 4, 2014) - Donnycreek Energy Inc. ("Donnycreek" or the "Company") (TSX VENTURE:DCK) announces that Mr. David Patterson has resigned as a director of the Company for personal reasons, effective immediately. Donnycreek thanks Mr. Patterson for his contributions to the Company and wishes him well with his future endeavours. Donnycreek is a Calgary based public oil and gas company which holds approximately 438 gross (313 net) sections of petroleum and [Read more]
Donnycreek Provides Wapiti Field Operations Update
CALGARY, ALBERTA--(Marketwired - March 4, 2014) - Donnycreek Energy Inc. ("Donnycreek" or the "Company") (TSX VENTURE:DCK) provides an operations update for its activities in the Wapiti area. 1-26 Wapiti Completion Operations Completion operations on the Company's Wapiti 01-26-64-8 W6M horizontal middle Montney exploration well (75% WI) (the "1-26 Well") have been temporarily suspended following a successful hydraulic stimulation of 15 stages in the horizontal section of the [Read more]
Tourmaline Oil Corp. to Acquire Santonia Energy Inc. as it Continues Its Deep Basin Growth Strategy
CALGARY, ALBERTA--(Marketwired - March 4, 2014) - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline") is pleased to announce that it has entered into an agreement with Santonia Energy Inc. (TSX: STE) ("Santonia") pursuant to which Tourmaline will acquire all of the issued and outstanding common shares of Santonia on the basis of 0.03012 of a Tourmaline common share for each Santonia common share. The acquisition will be effected by statutory plan of arrangement (the "Arrangement"). Based on the [Read more]
Santonia Energy Inc. Announces Arrangement, Operations Update & 2013 Year End Reserves Summary
CALGARY, ALBERTA--(Marketwired - March 4, 2014) - Santonia Energy Inc. ("Santonia" or the "Company") (TSX:STE) is pleased to announce that it has entered into an arrangement agreement (the "Arrangement Agreement") with Tourmaline Oil Corp. ("Tourmaline") (TSX: TOU) pursuant to which Tourmaline, has agreed to acquire all of the issued and outstanding common shares (the "Common Shares") of Santonia on the basis of 0.03012 of a Tourmaline common share ("Tourmaline Shares") for each outstanding [Read more]
Lightstream Announces 9% Production Growth, $112 Million of Dispositions, Updated Guidance, and 2013 Year-End Reserves
CALGARY, ALBERTA--(Marketwired - March 3, 2014) - Lightstream Resources Ltd. (TSX:LTS) ("Lightstream" or the "Company") is pleased to provide an update on our 2013 fourth quarter and current operations, announce $112 million of asset dispositions, updated 2014 guidance as a result of the dispositions, and report our year-end 2013 reserves. The Company's annual audit of our consolidated financial statements is not yet complete and accordingly all financial and production amounts herein are [Read more]
Enbridge to Undertake $7 Billion Mainline Replacement Program
CALGARY, ALBERTA and HOUSTON, TEXAS--(Marketwired - March 3, 2014) - Enbridge Inc. (TSX:ENB) (NYSE:ENB) and Enbridge Energy Partners, L.P. (NYSE:EEP) today announced they have received shipper support for a $7 billion investment in their Canadian and U.S. mainline system running from Edmonton, Alberta to Superior, Wisconsin. The Line 3 Replacement (L3R) Program will complement the existing Line 3 segment replacement program and include all remaining segments of Line 3 between Hardisty, Alberta [Read more]
Altima Spuds Chambers 5-35-41-11 W5M Well
VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 3, 2014) - Altima Resources Ltd. (TSX VENTURE:ARH)(PINKSHEETS:ARSLF)(FRANKFURT:AKC) announces the Altima Chambers 5-35-41-11 W5M well spud this morning. The 5-35 well is to be drilled to a depth of approximately 3,090 meters into the Nordegg formation. The 5-35 well is the second well drilled under Altima's Participation Agreement with Whistler Oil and Gas Pty. Ltd. (refer to News Releases January 21, January 30, and December 13, 2013). The [Read more]
Tuscany Announces 2013 Year End Reserves of 2.3 Million BOE, Having A Net Present Value (at 10%) of $39.0 Million
CALGARY, ALBERTA--(Marketwired - March 3, 2014) - Tuscany Energy Ltd. (TSX VENTURE:TUS) is pleased to provide a summary of the independent evaluation and estimate (the "McDaniel Report") of the Company's proved and probable reserves as at December 31, 2013 prepared by McDaniel and Associates Consultants Ltd. ("McDaniel"). 2013 Reserves Proved plus probable reserves totaled 2,254 MBOE as of December 31, 2013, a 48% increase from the prior year. The estimated net present value of future net [Read more]
Pengrowth Exceeds 2013 Production Guidance on Lower Capital Expenditures and Delivers Strong Reserves Growth
CALGARY, ALBERTA--(Marketwired - March 3, 2014) - Pengrowth Energy Corporation (TSX:PGF)(NYSE:PGH) is pleased to announce its financial and operating results for the fourth quarter and the full year 2013, as well as strong 2013 year-end reserve results. Production for the fourth quarter and the full year 2013 was above guidance, averaging 77,371 barrels of oil equivalent per day (boe/d) and 84,527 boe/d, respectively. The Company entered 2014 with approximately $450 million of cash on hand [Read more]
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