CALGARY, ALBERTA--(Marketwired - Feb. 12, 2014) - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to announce that it has closed its public offering of 4,600,000 common shares at a price of $47.50 per share, which includes 600,000 common shares issued pursuant to the exercise in full of the over-allotment option, for gross proceeds of $218.5 million. Concurrent with the closing of the public offering, certain directors, officers and employees of the Company and their [Read more]
News
Delphi Energy Releases Year-End 2013 Reserves
CALGARY, ALBERTA--(Marketwired - Feb. 12, 2014) - Delphi Energy Corp. (TSX:DEE) ("Delphi" or the "Company") is pleased to report its crude oil and natural gas reserves information for the year ended December 31, 2013. 2013 was a year of transformation for Delphi with a step change in well performance experienced at Delphi's Bigstone liquids-rich Montney development project. Delphi brought on production five horizontal Montney wells stimulated with a new completion technique during the year [Read more]
Husky Energy Delivers Solid Results in 2013
CALGARY, ALBERTA--(Marketwired - Feb. 12, 2014) - Husky Energy (TSX:HSE) recorded a four percent increase in cash flow from operations in 2013 during a period of significant commodity price volatility, supported by a steady increase in production, strong operational performance and a focused integration strategy. "From the acceleration of our heavy oil thermal program to new oil discoveries in the Atlantic Region, we have laid the groundwork to support our future growth objectives," said CEO [Read more]
Talisman Energy 2014 Guidance
CALGARY, ALBERTA--(Marketwired - Feb. 12, 2014) - Talisman Energy Inc. (Talisman) (TSX:TLM) (NYSE:TLM) has announced its capital spending program and expected operating results for 2014. All values in this press release are in US$ unless otherwise stated. 2013 was a foundational year for Talisman. The company reset its strategy and made significant progress against its four key priorities. It increased North American liquids production by 30%, and reduced and reset its cost structure, cutting [Read more]
Talisman Energy 2013 Results – Announced over $2 Billion in Asset Sales, Improved Operational Efficiency and Capital Discipline
CALGARY, ALBERTA--(Marketwired - Feb. 12, 2014) - Talisman Energy Inc. (TSX:TLM) (NYSE:TLM) reported its operating and unaudited financial results for 2013. All values are in US$ unless otherwise stated. "We continue to build a strong foundation in our Americas and Asia-Pacific core businesses to deliver sustainable shareholder value and cash flow(1) growth," said Hal Kvisle, President and CEO. "In 2013, we set four priorities and built significant momentum behind each one. We reduced capital [Read more]
Bonterra Energy Corp. Provides an Operations Update and Releases Its Corporate Reserves Information
CALGARY, ALBERTA--(Marketwired - Feb. 11, 2014) - Bonterra Energy Corp. (Bonterra or the Company) (www.bonterraenergy.com) (TSX:BNE) is pleased to provide an operational update including 2013 highlights and its ongoing Cardium development program as well as the results of its independent reserve report prepared by Sproule Associates Limited with an effective date of December 31, 2013. Operational Highlights Record average daily production for the full year of 12,190 barrels of oil [Read more]
Pine Cliff Energy Ltd. Announces 2013 Year-End Reserves and Executive Appointment
CALGARY, ALBERTA--(Marketwired - Feb. 11, 2014) - Pine Cliff Energy Ltd. (TSX VENTURE:PNE) ("Pine Cliff") is pleased to announce its 2013 year-end reserves. Pine Cliff's independent reserve report was prepared by McDaniel & Associates Limited ("McDaniel") in accordance with National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities ("NI 51-101") with the effective date of December 31, 2013. As a result of three acquisitions in 2013, Pine Cliff is pleased to report [Read more]
Statement by Nawar Alsaadi on the Pending Unsolicited Buyout Offer for Longview Oil Corp.
VANCOUVER, Feb. 11, 2014 /CNW/ - As a result of the publicly announced unsolicited buyout offer for Longview Oil Corp. ("Longview") on February 10, 2014, and the subsequent disclosure on February 11, 2014 of the undisclosed bidder's intent on acquiring 19.8% of the issued and outstanding shares of Longview (each, a "Longview Share") through the secondary offering initiated by Advantage Oil & Gas Ltd. ("Advantage") of its 45% stake in Longview on February 4, 2014, Nawar Alsaadi, a major [Read more]
Terra Energy Announces Change to its Board of Directors
CALGARY, ALBERTA--(Marketwired - Feb. 11, 2014) - Terra Energy Corp. ("Terra" or the "Company") (TSX:TT) is pleased to announce the appointment and return of Mr. Tony Sabelli to its Board of Directors. Mr. Sabelli has over 35 years of oil and gas operations experience and has most recently served as Senior Vice President Operations at Sunshine Oilsands Ltd. Mr. Sabelli has previously served as an Executive VP at Terra, the Vice President of Drilling and Completions at Iteration Energy Ltd and he [Read more]
Alexander Energy Ltd. to Combine With Renegade Petroleum Ltd. to Create Premier Light Oil, High-Growth Company
CALGARY, ALBERTA--(Marketwired - Feb. 11, 2014) - Alexander Energy Ltd. ("Alexander") (TSX VENTURE:ALX) and Renegade Petroleum Ltd. ("Renegade") (TSX VENTURE:RPL) are pleased to announce that they have entered into an agreement (the "Arrangement Agreement") that provides for the combination of Alexander and Renegade (the "Transaction") to create a premier light oil focused high-growth company. The combined company will maintain a Saskatchewan focused and concentrated asset base of high netback, [Read more]