CALGARY, ALBERTA--(Marketwired - Nov. 10, 2014) - Manitok Energy Inc. (the "Corporation" or "Manitok") (TSX VENTURE:MEI) is pleased to provide a drilling and operational update at Entice and Cordel-Stolberg. Entice Manitok has drilled, completed and tested a 100% working interest horizontal well at 16-32-22-25W4, testing the Lithic Glauconitic ("Glauc") formation in the southern end of Manitok's Entice Land Base ("Entice"). This is the fourth well of a planned 10 horizontal well program in [Read more]
News
Pipeline issues are scabs on people’s lives: Rocker Neil Young in Vancouver
VANCOUVER - Music icon Neil Young says Canadians need to stand up for clean air, land and water by taking on big oil companies because issues involving pipelines are "scabs on our lives."He said Canadians must band together to ensure the Charter of Rights and Freedoms includes the right to live in a healthy environment.Young was in Vancouver as part of the lineup of entertainers and artists including Barenaked Ladies, Feist and Robert Bateman for the last stop of the national Blue Dot Tour, [Read more]
Vermilion Energy Inc. Announces Results for the Three and Nine Months Ended September 30, 2014
CALGARY, Nov. 10, 2014 /CNW/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX, NYSE: VET) is pleased to report operating and unaudited financial results for the three and nine months ended September 30, 2014. HIGHLIGHTS Achieved average production of 49,920 boe/d during Q3 2014, a decrease of 4% as compared to 52,089 boe/d in the prior quarter and an increase of 20% compared to 41,510 boe/d in Q3 2013. Lower quarter-over-quarter production was primarily due [Read more]
Alberta premier says he will ‘do what needs to be done’ to gain access to Asian markets
CALGARY - Alberta Premier Jim Prentice says he'll "do what needs to be done" to help move forward the controversial Northern Gateway pipeline and to gain access to Asian markets for the province's oil and gas.Prentice was asked Friday if he would take a direct role in negotiating with chiefs in the areas of northern B.C. where the pipeline is supposed to run."I'm not going to get into that today, but I'll tell you this — our prosperity in this province depends on our ability to access global [Read more]
Proposed Kitimat, B.C., LNG project to cost up to $40 billion: company
VICTORIA - A major player in British Columbia's liquefied natural gas sweepstakes has plans to spend up to $40 billion to build a proposed export facility on the province's northern coast that could generate up to $39 billion in tax revenues over its lifespan.The massive dollar figures were part of LNG Canada's environmental certificate application released Friday by the joint venture company that includes Shell Canada Energy (TSX:SHC), PetroChina, Korea Gas Corp. and Mitsubishi Corp.The B.C. [Read more]
Contact Announces Closing of Private Placement
CALGARY, ALBERTA--(Marketwired - Nov. 7, 2014) - Contact Exploration Inc. ("Contact" or the "Company") (TSX VENTURE:CEX) is pleased to announce that it has closed its previously announced brokered private placement (the "Private Placement") pursuant to which it has issued 62,215,000 common shares ("Common Shares") of the Company, which includes 8,115,000 Common Shares issued pursuant to the full exercise of the over-allotment option granted to the Underwriters (as defined below) at a price of [Read more]
Company files application to export liquefied natural gas from Nova Scotia
POINT TUPPER, N.S. - The company behind a proposed liquefied natural gas project in Nova Scotia says they have filed an application with the National Energy Board for an export licence.Bear Head LNG Corporation, a subsidy of the Australia-based Liquefied Natural Gas Ltd., says it's asking for licences to import natural gas from the United States and export liquefied natural gas for a 25-year term.If approved, the plant would be authorized to export eight million tonnes of liquefied natural gas [Read more]
Athabasca Oil Corporation Reports Third Quarter 2014 Financial and Operating Results and Provides an Update on Key Strategic Initiatives
CALGARY, Nov. 7, 2014 /CNW/ - Athabasca Oil Corporation (TSX: ATH) ("Athabasca" or "the Company") is pleased to report its third quarter 2014 financial and operating results, the initiation of a Board renewal process and an update on the continued implementation of its refined business strategy. Third quarter highlights: closed the Dover transaction for net proceeds of $1.2 billion. The Company has a very strong liquidity position which will be used to fund the development of its core [Read more]
Enerplus Continues Operational Momentum in Third Quarter 2014 & Increases Annual Production Guidance
CALGARY, Nov. 7, 2014 /CNW/ - Enerplus Corporation ("Enerplus") (TSX: ERF) (NYSE: ERF) continued to deliver consistent, strong operational and financial performance during the third quarter of 2014. OPERATIONAL HIGHLIGHTS: Daily production averaged approximately 104,000 BOE, essentially unchanged from the second quarter. Crude oil and natural gas liquids production increased again in the third quarter to average 44,200 barrels per day, up 700 barrels over the second quarter. We continue [Read more]
Donnycreek Announces Year End Results
CALGARY, ALBERTA--(Marketwired - Nov. 6, 2014) - Donnycreek Energy Inc. ("Donnycreek" or the "Company") (TSX VENTURE:DCK) reports that it has filed on SEDAR its audited financial statements and related Management's Discussion and Analysis ("MD&A") for the year ended July 31, 2014 with 2013 comparatives. Selected financial and operational information is outlined below and should be read in conjunction with Donnycreek's audited financial statements and related MD&A which are available for [Read more]