CALGARY, ALBERTA--(Marketwired - May 1, 2014) - Blackbird Energy Inc. (TSX VENTURE:BBI) ("Blackbird" or the "Company") is very pleased to announce the results of its revised independent reserves evaluation of its Bigstone project in accordance with National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities ("NI 51-101") as at April 30, 2014. Highlights - April 30, 2014 compared to July 31, 2013 Proved Reserves Increased Proved reserves by 247% to 434 Mboe (33% [Read more]
News
RedWater Announces Financial and Operating Results for the Three and Twelve Months Ended December 31, 2013
OKOTOKS, ALBERTA--(Marketwired - May 1, 2014) - RedWater Energy Corp. ("RedWater") (TSX VENTURE:RED) is pleased to report financial and operating results for the three and twelve month periods ended December 31, 2013. RedWater's audited financial statements and related management's discussion and analysis for the three and twelve months ended December 31, 2013 have been filed and are available on the SEDAR website at www.sedar.com and may also be obtained on RedWater's website at [Read more]
High North Resources: Operations Update, Including a Record Month of Oil Production
CALGARY, ALBERTA--(Marketwired - May 1, 2014) - High North Resources Ltd. (TSX VENTURE:HN) (the "Company" or "High North") is pleased to provide an update and summary of the Company's progress over the past few months. Colin Soares, President, Chief Executive Officer and Director states, "We are encouraged to report record flowing production for March and look forward to exceeding additional milestones in the coming months." The Company is pleased to report for the month of March, 2014 [Read more]
Baytex Reports Q1 2014 Results
CALGARY, ALBERTA--(Marketwired - May 1, 2014) - Baytex Energy Corp. ("Baytex") (TSX:BTE)(NYSE:BTE) reports its operating and financial results for the three months ended March 31, 2014 (all amounts are in Canadian dollars unless otherwise noted). Commenting on the results, James Bowzer, President and Chief Executive Officer, said: "Our strong operating results and an improved outlook for heavy oil differentials has Baytex poised to deliver record funds from operations in 2014. Our capital [Read more]
Penn West Announces its Financial Results for the First Quarter Ended March 31, 2014
CALGARY, May 1, 2014 /CNW/ - PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE - PWE) ("PENN WEST", the "COMPANY", "we", "us" or "our") is pleased to announce its results for the first quarter ended March 31, 2014. All figures are in Canadian dollars unless otherwise stated. Three months ended March 31 2014 2013 % change Financial (millions, except per share amounts) Gross revenues [Read more]
Tamarack Valley Energy Ltd. Announces 2014 First Quarter Financial Results, Operational Update and a Record Production Rate in April 2014
CALGARY, ALBERTA--(Marketwired - May 1, 2014) - Tamarack Valley Energy Ltd. (TSX VENTURE:TVE) ("Tamarack" or the "Company") is pleased to announce record corporate production, as a result of the successful first quarter 2014 drilling program. Current production is 4,967 boe/d, based on field estimates, with additional behind pipe production (wells already drilled and completed awaiting permanent facilities or temporarily restricted by facilities) of approximately 515 boe/d. With a portion of the [Read more]
Gear Energy Announces Closing of $85 Million Asset Acquisition
CALGARY, ALBERTA--(Marketwired - April 30, 2014) - Gear Energy Ltd. ("Gear" or the "Company") (TSX:GXE) is pleased to announce today that it has closed the acquisition of certain heavy oil assets in our core areas as previously announced on April 24, 2014 for $85 million subject to post-closing adjustments. The acquisition is consistent with Gear's strategy of acquiring underexploited, geographically focused assets and provides a material increase in low risk future drilling opportunities and [Read more]
Quattro Reports Net Earnings of $0.39 Per Share for Year End 2013
CALGARY, ALBERTA--(Marketwired - April 30, 2014) - Quattro Exploration and Production Ltd. ("Quattro" or the "Company") (TSX VENTURE:QXP) is pleased to announce for its full year ending December 31st, 2013, CDN $0.39 per share earnings. Highlights for the year ending 2013 are based on our continuing approach to adding anti-dilutive shareholder value. In addition, Quattro continues to develop a strong and improving financial position as the foundation for growth through a continuous combination [Read more]
Encana Announces Filing of Amended and Restated Preliminary Prospectus for Initial Public Offering of PrairieSky Royalty
CALGARY, ALBERTA--(Marketwired - April 30, 2014) - Encana Corporation ("Encana") (TSX:ECA)(NYSE:ECA) announced today that PrairieSky Royalty Ltd. ("PrairieSky"), a wholly-owned subsidiary of Encana, has filed and obtained a receipt for an amended and restated preliminary prospectus ("Amended Prospectus") in respect of its initial public offering of common shares with the securities regulatory authorities of all provinces and territories in Canada (the "Offering"), which amends and restates the [Read more]
ARC Resources Ltd. reports record first quarter results
CALGARY, April 30, 2014 /CNW/ - (ARX - TSX) ARC Resources Ltd. ("ARC") is pleased to report its first quarter 2014 operating and financial results. First quarter production averaged a record 105,699 boe per day and funds from operations were a record $292.3 million ($0.93 per share). ARC's unaudited Condensed Interim Consolidated Financial Statements and Notes, as well as ARC's Management's Discussion and Analysis ("MD&A") for three months ended March 31, 2014 and 2013, are available on [Read more]