CALGARY, ALBERTA--(Marketwired - Aug. 12, 2014) - Petrus Resources Ltd. ("Petrus" or the "Company") is pleased to report its operating and financial results for the second quarter of 2014. Highlights include: Production averaged 4,959 boe per day in the quarter, up from 2,990 boe per day in the second quarter of 2013, an increase of 71% per debt-adjusted share. The operating netback was $32.55 per boe in the second quarter of 2014, compared to $31.94 per boe in the same period a year [Read more]
News
Rock Energy Inc. Achieves Record Production and Cash Flow, Increases Capital Spending and Guidance for 2014, and Reports Second Quarter Results
CALGARY, ALBERTA--(Marketwired - Aug. 12, 2014) - Rock Energy Inc. (TSX:RE) ("Rock" or the "Company") is pleased to report its financial and operating results for the three and six months ended June 30, 2014. Rock is a Calgary-based crude oil exploration, development and production company. Rock has filed its unaudited condensed interim Consolidated Financial Statements for the period ended June 30, 2014 and related Management's Discussion and Analysis ("MD&A"). Copies of Rock's materials [Read more]
Penn West Provides Update on Internal Review of Accounting Practices
CALGARY, Aug. 12, 2014 /CNW/ - PENN WEST PETROLEUM LTD. (TSX – PWT; NYSE – PWE) ("PENN WEST", the "COMPANY", "we", "us" or "our") today provided an update on the Audit Committee's review announced on July 29, 2014. INTERNAL REVIEW UPDATE Penn West is working diligently and devoting all necessary resources to file its second quarter financial statements and related disclosures and its restated historical financial statements and related disclosures as soon as practicable, and in any event [Read more]
Spyglass Resources Corp. Announces 2014 Second Quarter Results, Reduces Net Debt and Declares August Dividend
CALGARY, ALBERTA--(Marketwired - Aug. 12, 2014) - All values are in Canadian dollars unless otherwise indicated. Conversion of natural gas volumes to barrels of oil equivalent (boe) are at 6:1. Spyglass Resources Corp. ("Spyglass", or the "Company") (TSX:SGL)(OTCQX:SGLRF) is pleased to announce it has made progress towards the Company's strategy of enhancing financial flexibility, including streamlining the organization and non-core asset sales to reduce net debt, improve cost [Read more]
Painted Pony Petroleum Announces Record Second Quarter 2014 Financial and Operating Results
CALGARY, ALBERTA--(Marketwired - Aug. 12, 2014) - Painted Pony Petroleum Ltd. ("Painted Pony" or the "Company") (TSX:PPY) is pleased to announce its record second quarter 2014 financial and operating results from its organic Montney natural gas growth initiatives. Highlights for the second quarter of 2014 as compared to the second quarter of 2013 include: 90% increase in average production volumes to 15,029 barrels of oil equivalent ("boe") per day ("boe/d"); 236% increase in natural gas [Read more]
SUNSHINE OILSANDS LTD. Announcement of results for the three and six month periods ended June 30, 2014
HONG KONG, Aug. 12, 2014 /CNW/ -- (HKEX: 2012; TSX: SUO) Sunshine Oilsands Ltd. ("Sunshine" or the "Company") today announced its financial results for the second quarter of 2014. The Company's condensed interim consolidated financial statements, notes to the condensed interim consolidated financial statements and Management's Discussion and Analysis have been filed on SEDAR (www.sedar.com) and with the SEHK at (www.hkexnews.hk) and are available on the Company's website [Read more]
Raging River Exploration Inc. Announces Second Quarter Operating and Financial Results and Increased 2014 Guidance
CALGARY, ALBERTA--(Marketwired - Aug. 12, 2014) - Raging River Exploration Inc. (the "Company" or "Raging River") (TSX:RRX) announces its operating and financial results for the three and six months ended June 30, 2014. Selected financial and operational information is outlined below and should be read in conjunction with the unaudited interim financial statements and the related management discussion and analysis ("MD&A"). These filings will be available at www.sedar.com and the Company's [Read more]
RMP Energy Announces a New Record Level of Quarterly Cash Flow and Earnings and an Expanded Capital Budget with Increased Cash Flow Guidance
CALGARY, ALBERTA--(Marketwired - Aug. 12, 2014) - RMP Energy Inc. ("RMP" or the "Company") (TSX:RMP) is pleased to announce exceptional financial and operating results for the three months ended June 30, 2014 including record levels of funds from operations of $48.4 million ($0.40 per basic share), net earnings of $18.3 million and average daily production of 12,437 barrels of oil equivalent (57% light oil and NGLs weighted). Detailed second quarter and six month results are as [Read more]
Cequence Energy Announces Second Quarter 2014 Results
CALGARY, Aug. 12, 2014 /CNW/ - Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) is pleased to announce the financial and operating results for the second quarter of 2014. The following are Cequence's financial and operating highlights for the second quarter of 2014: Produced a corporate record average production of 12,735 boe/d in the second quarter an increase of 14 percent from the prior year and 10 percent over the first quarter of 2014; Increased funds flow from [Read more]
Gear Energy Ltd. Announces Record Second Quarter 2014 Cash Flow and Operating Results
CALGARY, ALBERTA--(Marketwired - Aug. 12, 2014) - Gear Energy Ltd. ("Gear" or the "Company") (TSX:GXE) is pleased to provide the following second quarter operating update to shareholders. Gear's Interim Financial Statements and related Management's Discussion and Analysis (MD&A) for the period ended June 30, 2014 are available for review on Gear's website at www.gearenergy.com and on www.sedar.com. Financial Summary Three months ended Six months ended (Cdn$ thousands, [Read more]