CALGARY - The CEO of oil and gas giant Encana Corp. (TSX:ECA) said he believes Alberta's incoming NDP government appreciates the importance of a healthy oilpatch."I think you'd almost have to be from another planet not to understand how important oil and gas is to Alberta and Albertans," Doug Suttles said following the company's annual meeting Tuesday. "I think clearly the industry's having a tough time right now."At the meeting, Suttles fielded questions from shareholders about what the NDP [Read more]
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Bonterra Energy Corp. Announces First Quarter 2015 Results
CALGARY, ALBERTA--(Marketwired - May 12, 2015) - Bonterra Energy Corp. (TSX:BNE) (Bonterra or the Company) is pleased to announce its operating and financial results for the three months ended March 31, 2015. The related unaudited condensed financial statements and notes, as well as management's discussion and analysis (MD&A), are available on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com and on Bonterra's website at [Read more]
Surge Energy Inc. Announces Record First Quarter Production
CALGARY, May 12, 2015 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) announces record operating results for the three month period ended March 31, 2015. Surge reports record average production of 20,585 boe per day in the first quarter of 2015 on a significantly reduced capital expenditure program. These record results were also achieved despite the sale of over 500 boepd of non-core Viking production in SW Saskatchewan during the quarter. FINANCIAL AND OPERATING [Read more]
Pine Cliff Energy Ltd. Announces Its First Quarter 2015 Results
CALGARY, ALBERTA--(Marketwired - May 12, 2015) - Pine Cliff Energy Ltd. ("Pine Cliff" or the "Company") (TSX VENTURE:PNE) is pleased to announce its first quarter financial and operating results. Included in the filings were Pine Cliff's condensed consolidated interim financial statements and related management's discussion and analysis for the period ended March 31, 2015 (the "Q1-Report"). Selected highlights are shown below and should be read in conjunction with the Q1-Report. Despite the [Read more]
B.C. premier says First Nations opposition a bump in the road for LNG
BURNABY, B.C. - B.C. Premier Christy Clark insists the possible rejection by a First Nation of a liquefied-natural-gas terminal is nothing more than a bump in the road for a multibillion-dollar pipeline project.Clark says she believes reaching a negotiated agreement with the 3,700-member Lax Kw'allams First Nation, on whose territory the terminal would be built, is only a matter a time.Pacific NorthWest LNG wants to transport natural gas from the northeast corner of the province to an export [Read more]
Pengrowth Energy Corporation Files Preliminary Base Shelf Prospectus
MarketwiredMarketwire.comPengrowth Energy Corporation Files Preliminary Base Shelf Prospectus CALGARY, ALBERTA--(Marketwired - May 12, 2015) - Pengrowth Energy Corporation (TSX:PGF)(NYSE:PGH) today announced it has filed a preliminary short form base shelf prospectus with the securities regulators in each of the Provinces of Canada and a corresponding registration statement with the United States Securities and Exchange Commission. The prospectus will allow Pengrowth to offer and issue [Read more]
Trilogy Energy Corp. Announces Director Election Results from its 2015 Annual Meeting of Shareholder and Provides Revolving Credit Facility Update
CALGARY, ALBERTA--(Marketwired - May 12, 2015) - Trilogy Energy Corp. (TSX:TET) ("Trilogy") is pleased to announce director election results from its 2015 annual meeting of shareholders, in addition to providing an update on its revolving credit facility borrowing base review and certain amendments made to its financial covenant requirements. Director Election Results Trilogy announces that at its annual meeting of shareholders held on May 8, 2015, the following eight director nominees [Read more]
NuVista Energy Ltd. Announces First Quarter 2015 Financial and Operating Results
CALGARY, ALBERTA--(Marketwired - May 11, 2015) - NuVista Energy Ltd. ("NuVista") (or the "Company") (TSX:NVA) is pleased to announce results for the three months ended March 31, 2015 and provide an update on its future business plans. NuVista had a strong and steady quarter with significant operational highlights including the delivery of a reduced capital program with three drilling rigs and the continued construction of our new Elmworth compressor station. The measured reduction to our capital [Read more]
Traverse Energy Announces 2015 First Quarter Results
CALGARY, ALBERTA--(Marketwired - May 11, 2015) - Traverse Energy Ltd. ("Traverse" or "the Company") (TSX VENTURE:TVL) presents financial and operating results for the three months ended March 31, 2015. Three Months Ended Highlights (unaudited) March 31, 2015 December 31, 2014 March 31, 2014 Financial ($ thousands, except per share amounts) Petroleum and natural gas [Read more]
Chinook Energy Inc. Announces First Quarter 2015 Results
CALGARY, ALBERTA--(Marketwired - May 11, 2015) - Chinook Energy Inc. ("our", "we", "us" or "Chinook") (TSX:CKE) is pleased to announce its first quarter financial and operating results. Our operational and financial highlights for the three months ended March 31, 2015 are noted below and should be read in conjunction with our condensed consolidated financial statements for the three months ended March 31, 2015 and 2014 and related management's discussion and analysis which have been posted on [Read more]