CALGARY, ALBERTA--(Marketwired - April 17, 2013) -Traverse Energy Ltd. ("Traverse" or "the Company") (TSX VENTURE:TVL) presents financial and operating results for the year ended December 31, 2012. Three Months Ended December 31 (unaudited ) Year Ended December 31 Highlights 2012 2011 2012 2011 Financial ($ thousands, except per share amounts) Petroleum and natural gas revenue $ 1,588 $ 1,035 $ 4,600 $ 3,731 Royalty [Read more]
Edge Resources Inc. Provides Production Update
CALGARY, ALBERTA--(Marketwired - Apr 2, 2013) - Edge Resources Inc. ("Edge" or the "Company") (TSX VENTURE:EDE)(EDG.L) is pleased to announce that the first well of the Company's spring drilling program in Asset East (announced February 27, 2013), has been on production for the last thirty days and is producing better than expected. The well has averaged approximately 50 barrels of oil per day ("bopd") over the majority of the initial production period but has recently increased to over 60 [Read more]
Shoreline Energy Corporation Announces Flow-Through Private Placement Financing
CALGARY, ALBERTA--(Marketwired - April 17, 2013) - NOT FOR DISTRIBUTION IN THE UNITED STATES Shoreline Energy Corp. (SEQ.TO) ("Shoreline" or the "Company") is pleased to announce that it has entered into an agreement with Casimir Capital Ltd. (the "Agent") to act as agent with respect to a private placement, on a reasonable commercial efforts basis, of up 1,250,000 common shares of the Corporation, issued on a "flow-through" basis pursuant to the Income Tax Act (Canada) (the "Flow-Through [Read more]
Secure Energy Announces Initial Dividend and Dividend Re-Investment Plan
CALGARY, ALBERTA--(Marketwired - April 15, 2013) - NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES Secure Energy Services Inc. ("Secure" or the "Corporation") (SES.TO) today announced that its Board of Directors has declared its initial monthly dividend of $0.0125 per common share ("Common Share") payable on or about May 15, 2013 (the "May 2013 Dividend") to shareholders of record on May 1, 2013. The ex-dividend date is April 29, 2013. The dividend on an [Read more]
Enbridge Announces Closing of $600 Million Common Equity Offering
CALGARY, ALBERTA--(Marketwired - April 16, 2013) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S. Enbridge Inc. (ENB.TO) (ENB) today announced it has closed its previously announced public offering of common shares underwritten by RBC Capital Markets and Scotiabank. Enbridge issued 13.02 million common shares for gross proceeds of $600.4 million. Proceeds will be used to fund our recently announced regional oilsands, renewable energy, and natural gas [Read more]
Donnybrook Announces Closing of Asset Exchange and Arrangement
CALGARY, ALBERTA--(Marketwired - April 15, 2013) - Donnybrook Energy Inc. ("Donnybrook" or the "Company") (TSX VENTURE:DEI) reports the closing of the previously announced arrangement (the "Arrangement") involving the Company, Cequence Energy Ltd. ("Cequence") and holders ("Donnybrook Shareholders") of common shares of Donnybrook ("Donnybrook Shares") under which Donnybrook has transferred its interest in its Simonette and Resthaven oil and gas properties ("Donnybrook Assets") to Cequence for [Read more]
Pengrowth Adopts Advance Notice By-Law
CALGARY, ALBERTA--(Marketwired - Apr 15, 2013) -Pengrowth Energy Corporation (PGF.TO) (PGH) announced that its board of directors today approved the adoption of an advance notice by-law (By-law). Among other things, the By-law fixes a deadline by which shareholders must submit a notice of director nominations to the Corporation prior to any annual or special meeting of shareholders where directors are to be elected and sets forth the information that a shareholder must include in the notice for [Read more]
Inter Pipeline Fund Announces Long Term Ethane Sales Agreement with NOVA Chemicals
CALGARY, ALBERTA--(Marketwired - Apr 15, 2013) - Inter Pipeline Fund ("Inter Pipeline") (TSX:IPL.UN) announced today that it has entered into a binding agreement with NOVA Chemicals Corporation ("NOVA") involving the long term sale of ethane production from its Cochrane extraction plant. Under the new agreement, NOVA will purchase the majority of ethane volumes produced from Inter Pipeline's extraction facilities at Cochrane, Alberta. The contract extends to the end of 2024 and will [Read more]
Renegade Petroleum Ltd. Announces Q1 Operational Update, Initiation of a Strategic Review and Confirmation of April 2013 Dividend
CALGARY, ALBERTA--(Marketwired - Apr 15, 2013) - Renegade Petroleum Ltd. ("Renegade" or the "Company") (TSX VENTURE:RPL) a light oil focused exploration and production company with assets located in Saskatchewan, Alberta, Manitoba and North Dakota is pleased to provide a first quarter operational update and to announce that the board of directors (the "Board") has initiated a strategic review of the Company. The Corporation is also confirming the payment of the April 15, 2013 dividend. FIRST [Read more]
Petrobakken Announces Q1 2013 Operations Update With Average Production of 49,100 Boepd
CALGARY, ALBERTA--(Marketwired - Apr 15, 2013) -PetroBakken Energy Ltd. ("PetroBakken" or the "Company") (PBN.TO) is pleased to provide an update on our first quarter operations. Note that all well counts contained in this press release are net numbers. Consistent with our capital plan, the first quarter of 2013 was very active as we drilled 53 wells, placed 40 wells on production and exited the quarter with an inventory of 30 wells waiting to be brought on-stream. Although well activity [Read more]