CALGARY, ALBERTA--(Marketwired - Nov. 7, 2013) - Canadian Natural Resources Limited (TSX:CNQ) (NYSE:CNQ) Commenting on the Company's 2014 budget, Steve Laut, President of Canadian Natural, stated, "Canadian Natural is continuing the transition to a long-life, low decline asset base further strengthening our ability to generate free cash flow. The Company's 2014 capital budget will deliver near-term production growth of 7% while progressing projects for sustained growth in the mid- and [Read more]
Santonia Announces Third Quarter 2013 Results
CALGARY, ALBERTA--(Marketwired - Nov. 7, 2013) - Santonia (TSX:STE) is pleased to provide this summary of its financial and operating results for the third quarter of 2013. A complete copy of the Company's consolidated interim financial statements for the three and nine months ended September 30, 2013, along with management's discussion and analysis in respect thereof will be filed on SEDAR and is available on the Company's website at www.santoniaenergy.com. [Read more]
Artek Exploration Ltd. Announces Third Quarter 2013 Financial Results and Updates Operations
CALGARY, ALBERTA--(Marketwired - Nov. 6, 2013) - Artek Exploration Ltd. (TSX:RTK) of Calgary, Alberta ("Artek" or the "Company") is pleased to provide this summary of its financial and operating results for the three and nine months ended September 30, 2013. A complete copy of the Company's comparative financial statements for the three and nine months ended September 30, 2013, along with management's discussion and analysis in respect thereof will be filed on SEDAR and on the Company's website [Read more]
Paramount Resources Ltd. Third Quarter Results; Updated Independent Reserves Evaluation – Proved Reserves Increase 75%; Musreau Deep Cut Facility Commissioning To Begin In December
CALGARY, ALBERTA--(Marketwired - Nov. 6, 2013) - Paramount Resources Ltd. (TSX:POU) THIRD QUARTER OVERVIEW Principal Properties Paramount engaged its independent reserves engineers to complete an updated evaluation of the Company's conventional reserves, effective September 30, 2013, in connection with the renewal of its bank credit facility at the end of November. Proved reserves increased 75 percent from year-end 2012 to 88.9 MMBoe (replacement ratio of [Read more]
Renegade Petroleum Ltd. Calls Shareholder Meeting, Provides Update on Strategic Review Process and Addresses FrontFour Allegations
CALGARY, ALBERTA--(Marketwired - Nov. 6, 2013) - Renegade Petroleum Ltd. ("Renegade" or the "Company") (TSX VENTURE:RPL) today announced that in response to a requisition made by a dissident shareholder group, it has called a special meeting of shareholders to be held on January 28, 2014. Renegade believes that a significant amount of inaccurate information has been disseminated by FrontFour Capital Group, LLC and feels compelled to provide a short update to ensure Renegade [Read more]
Southern Pacific Announces Financial and Operational Results for the Quarter Ended September 30, 2013
CALGARY, ALBERTA--(Marketwired - Nov. 6, 2013) - Southern Pacific Resource Corp. ("Southern Pacific" or the "Company") (TSX:STP) today announced its financial and operational results for the quarter ended September 30, 2013. FISCAL Q1 2014 HIGHLIGHTS Total Company production, which includes bitumen production from STP-McKay Phase 1 and heavy oil from STP-Senlac, was 4,767 barrels per day ("bbl/day") for the three months ended September 30, 2013 ("Q1 2014"), [Read more]
Inter Pipeline to Provide Diluent Transportation for Athabasca Oil Corporation Hangingstone Project
CALGARY, ALBERTA--(Marketwired - Nov. 6, 2013) - Inter Pipeline Ltd. ("Inter Pipeline") (TSX:IPL) announced today that it has entered into a binding agreement with AOC Hangingstone Partnership, a wholly owned subsidiary of Athabasca Oil Corporation ("AOC"), to provide diluent transportation services for AOC's multi-phase Hangingstone oil sands project. Under the terms of a 25-year ship-or-pay agreement, Inter Pipeline will provide AOC with an initial 4,500 barrels per day of committed capacity [Read more]
Shoreline Updates Corporate Guidance
CALGARY, ALBERTA--(Marketwired - Nov. 6, 2013) - Shoreline Energy Corp. (TSX:SEQ) ("Shoreline" or the "Company") is pleased to provide updated guidance following the October 31 announced credit facility closing and ATB credit facility renewal. Production Corporate average daily production is between 1,800 and 1,900 Boe/d combined Canadian Peace River Arch assets including its new Montney production and the Company's Niobrara/Codell assets in the Wattenberg field of Colorado. [Read more]
Arsenal Energy Releases Q3 Results
CALGARY, ALBERTA--(Marketwired - Nov. 6, 2013) - Arsenal Energy Inc. ("Arsenal") (TSX:AEI) is pleased to release its Q3 2013 results. Cash flow for the third quarter was a record, $11.7 million, a 17% increase from Q2 2013 and a 50% increase compared to Q3 2012. The Board of Directors ("BOD") has declared a quarterly dividend of $0.06 per common share. The dividend is payable on November 29, 2013 to shareholders of record at the close of business on November 15, 2013. The ex-dividend [Read more]
Angle Energy Inc. Announces 2013 Third Quarter Results
CALGARY, ALBERTA--(Marketwired - Nov. 6, 2013) - Angle Energy Inc. ("Angle" or the "Company") (TSX:NGL) today announced the financial and operating results for the three and nine months ended September 30, 2013. Angle reported positive earnings of $1.7 million for the third quarter of 2013 or $0.02 per share, an increase of approximately $4.1 million or 169% over the same period of 2012. The improved financial results were due to a combination of commodity price gains as well as increased [Read more]
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