CALGARY, ALBERTA--(Marketwired - Nov. 13, 2013) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW. Spyglass Resources Corp. (TSX:SGL) ("Spyglass", or the "Company") announces its unaudited interim financial and operating results for the quarter ended September 30, 2013. Selected financial and operational information is outlined below and should [Read more]
News
Zargon Oil & Gas Ltd. Provides 2013 Third Quarter Results and Provides a Little Bow Alkaline Surfactant Polymer (“ASP”) Construction Project Update
CALGARY, ALBERTA--(Marketwired - Nov. 13, 2013) - Zargon Oil & Gas Ltd. ("Zargon" or the "Company") (TSX:ZAR)(TSX:ZAR.DB). FINANCIAL & OPERATING HIGHLIGHTS (THREE MONTHS ENDED SEPTEMBER 30, 2013) Funds flow from operating activities of $16.5 million were three percent higher than the $16.0 million recorded in the prior quarter, and 15 percent higher than the $14.4 million reported in the third quarter of 2012. Funds flow from operating activities for the 2013 [Read more]
Tourmaline Oil Corp. Announces Q3 2013 Financial Results-Increases 2013 Exit Production Guidance to 110,000-115,000 boepd
CALGARY, ALBERTA--(Marketwired - Nov. 13, 2013) - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to announce results for the three and nine months ended September 30, 2013 and provide an update on its 2013 EP program. Q3 2013 Highlights Record daily production of 92,000 boepd achieved in November 2013. 2013 exit guidance increased by 15% to 110,000-115,000 boepd. Record average production for the third quarter of 74,096 [Read more]
Birchcliff Energy Ltd. Announces Record Third Quarter Funds Flow, $59 Million Disposition, Confirms 2013 Production Guidance, Provides 2014 Guidance and 2018 Five Year Plan
CALGARY, ALBERTA--(Marketwired - Nov. 13, 2013) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Birchcliff Energy Ltd. ("Birchcliff") (TSX:BIR) is pleased to announce excellent financial and operational results for the third quarter of 2013 with record funds flow, significant earnings and a continued decrease in per unit operating costs. Birchcliff is also pleased to announce a $59 million disposition of a non-core asset. We confirm [Read more]
Peyto Celebrates 15 Years and Record Production of 70,000 boe/d
CALGARY, ALBERTA--(Marketwired - Nov. 13, 2013) - Peyto Exploration & Development Corp. ("Peyto") (TSX:PEY) is pleased to present its operating and financial results for the third quarter of the 2013 fiscal year. This quarter culminates 15 successful years of delivering superior returns to shareholders through the profitable development of long life, high value, natural gas assets in one of the premium resource basins in North America. With an industry leading cost structure, Peyto delivered [Read more]
Toscana Energy Announces Third Quarter 2013 Results
CALGARY, Nov. 13, 2013 /CNW/ - Toscana Energy Income Corporation ("Toscana Energy" or the "Corporation") (TSX Venture: TEI) announces financial and operating results for the three and nine months ended September 30, 2013. This news release summarizes information contained in the Consolidated Financial Statements and Management's Discussion and Analysis ("MD&A") for the three and nine month periods ended September 30, 2013. This news release should not be considered a substitute for reading [Read more]
Surge Energy Inc. closes two previously announced high quality, light oil acquisitions, increases dividend
CALGARY, Nov. 13, 2013 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) is pleased to announce that it has now closed two previously announced strategic, high quality light oil acquisitions (the "Acquisitions"). The first acquisition (the "Privateco Acquisition") involved the $147 million purchase of all of the shares of a Calgary based private oil and gas company ("Privateco"), with high netback, operated, producing light oil assets focused in the Steelman area of SE [Read more]
US now producing more crude oil at home than it imports from abroad
WASHINGTON - For the first month in nearly two decades, the U.S. in October extracted more oil from the ground than it imported from abroad, marking an important milestone for a nation seeking to wean itself off foreign oil. A promising sign for a still-slugging economy, the shift could foreshadow future opportunities to boost jobs in the U.S., lower the trade deficit and insulate the economy from foreign crises that can send oil prices rising. But it also speaks to deeper, underlying changes [Read more]
Report says EU fuel standards unfair
OTTAWA - Natural Resources Minister Joe Oliver is welcoming a new report that's critical of the European Union's proposal to calculate the greenhouse gas emissions of different oil sources.The report by ICF International bolsters Oliver's frequent argument that the European calculations would unfairly discriminate against Canada's oilsands.He says the report, which was commissioned by the Canadian government, shows there is no scientific basis to support differentiation between conventional and [Read more]
CAODC 2014 Drilling Activity Forecast – November 13, 2013
CALGARY, ALBERTA--(Marketwired - Nov. 13, 2013) - The Canadian Association of Oilwell Drilling Contractors (CAODC) projects that the industry will drill 10,604 wells in 2014. This well count will generate 124,701 operating days for rig contractors. The Association released its 2014 Drilling Activity Forecast today at the CAODC Associate Member Breakfast. A well count of 10,604 is 45 wells less than the well count expected for 2013, but the Association anticipates that rig activity will be [Read more]