CALGARY, ALBERTA--(Marketwired - May 15, 2013) -TransCanada Corporation (TRP.TO) (TRP) (TransCanada) today announced it has entered into agreements to sell a 45 per cent interest in each of Gas Transmission Northwest LLC (GTN) and Bison Pipeline LLC (Bison) to TC PipeLines, LP (TCP) (the Partnership) for an aggregate purchase price of US$1.05 billion, which includes US$146 million for 45 per cent of GTN's debt. The sale is expected to close in July 2013 and is subject to regulatory approvals and [Read more]
Storm Resources Ltd. (“Storm” or the “Company”) is Pleased to Announce Its Financial and Operating Results for the Three Months Ended March 31, 2013
CALGARY, ALBERTA--(Marketwired - May 15, 2013) - Storm Resources Ltd. (TSX VENTURE:SRX) Storm has also filed its unaudited condensed interim consolidated financial statements as at March 31, 2013 and for the three months then ended along with the Management's Discussion and Analysis ("MD&A") for the same period. This information appears on SEDAR at www.sedar.com and on Storm's website atwww.stormresourcesltd.com. Selected financial and operating information for the three months ended [Read more]
Chinook Energy Inc. Announces Its First Quarter Financial and Operational Results
CALGARY, ALBERTA--(Marketwired - May 14, 2013) -Chinook Energy Inc. ("Chinook" or the "Company") (CKE.TO) today announced its first quarter financial and operational results and provided an operational update. The Company has filed its unaudited consolidated financial statements for the three months ended March 31, 2013 and 2012 and related management's discussion and analysis ("MD&A") on the SEDAR website (www.sedar.com) and Chinook's website (www.chinookenergyinc.com). During the [Read more]
Artek Exploration Ltd. Announces First Quarter 2013 Financial Results and Updates Operations
CALGARY, ALBERTA--(Marketwired - May 14, 2013) - Artek Exploration Ltd. (RTK.TO) of Calgary, Alberta ("Artek" or the "Company") is pleased to provide this summary of its financial and operating results for the quarter ended March 31, 2013. A complete copy of the Company's comparative financial statements for the quarter ended March 31, 2013, along with management's discussion and analysis in respect thereof will be filed on SEDAR and on the Company's website [Read more]
Terra Energy Releases First Quarter 2013 Results
CALGARY, ALBERTA--(Marketwired - May 14, 2013) -Terra Energy Corp. ("Terra" or the "Company") (TT.TO) announces its financial and operating results for the three month period ended March 31, 2013. Copies of Terra's first quarter results may be obtained at www.sedar.com orwww.terraenergy.ca. First Quarter 2013 Results The Company generated Net income of $873,000 or $0.01/share on a basic and diluted basis, from revenues of $11,472,000, as a result of recovering natural gas pricing, lower [Read more]
Zargon Oil & Gas Ltd. Provides 2013 First Quarter Results
CALGARY, ALBERTA--(Marketwired - May 14, 2013) -Zargon Oil & Gas Ltd. ("Zargon" or the "Company") (ZAR.TO) (TSX:ZAR.DB). FINANCIAL AND OPERATING HIGHLIGHTS (THREE MONTHS ENDED MARCH 31, 2013) First quarter 2013 production averaged 5,113 barrels of oil and liquids per day, a one percent increase from the preceding quarter and first quarter 2013 natural gas production averaged 15.2 million cubic feet per day, a five percent decrease from the preceding quarter. Total production averaged [Read more]
High North Resources Ltd. Announces $8,250,000 Financing and New President
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 14, 2013) - THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES High North Resources Ltd. ("High North" or the "Company")(TSX VENTURE:HN) - is pleased to announce a non-brokered private placement financing (the "Financing") for the sale of 15,000,000 non flow-through units at a price of $0.35 per unit and 7,500,000 flow-through shares at a price of $0.40 cents per share, for total gross [Read more]
DeeThree Exploration Ltd. Announces Best Bakken Test Rate to Date and First Quarter 2013 Financial and Operating Results
CALGARY, ALBERTA--(Marketwired - May 14, 2013) - DEETHREE EXPLORATION LTD. ("DeeThree" or the "Company") (DTX.TO) (DTHRF) is pleased to release an operational update and its financial and operational results for the quarter ended March 31, 2013. OPERATIONAL UPDATE Throughout the first quarter of 2013, the Company invested $41.6 million principally directed at its winter drilling program. Drilling activity included the rig release of 6.0 gross (5.9 net) wells on the Brazeau Belly River [Read more]
Anderson Energy Announces 2013 First Quarter Results
CALGARY, ALBERTA--(Marketwired - May 14, 2013) - Anderson Energy Ltd. ("Anderson" or the "Company") (AXL.TO) is pleased to announce its operating and financial results for the first quarter ended March 31, 2013. HIGHLIGHTS - In the first quarter of 2013, the Company completed its Cardium horizontal light oil winter drilling program. Initial production rates using slick water frac technology were vastly superior to previously used fracture stimulation techniques. The 30 day average [Read more]
Crew Energy Announces 76 Tcfe Independent Montney Resource Evaluation and First Quarter 2013 Financial and Operating Results
CALGARY, ALBERTA--(Marketwired - May 13, 2013) - Crew Energy Inc. (CR.TO) of Calgary, Alberta is pleased to present its operating and financial results for the three month period ended March 31, 2013 and the results of its 2013 Montney Resource Evaluation. Highlights An independent Total Petroleum Initially in Place ("TPIIP") evaluation has confirmed that Crew's 292 net Montney sections are a world class hydrocarbon accumulation of 76 TCFE made up of 33.7 TCF of natural gas and seven [Read more]
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