CALGARY, ALBERTA--(Marketwired - Aug. 27, 2013) - Canadian Oil Sands Limited (TSX:COS) - All figures below gross to Syncrude unless otherwise indicated. Canadian Oil Sands ("COS") today announced that the turnaround of Coker 8-1 has been completed and the unit is back in operation. Canadian Oil Sands Limited Canadian Oil Sands is a pure investment opportunity in light, sweet crude oil. Through our 36.74% interest in the Syncrude project, we offer a solid, robust [Read more]
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Hemisphere Energy Announces Second Quarter 2013 Results
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 27, 2013) - Hemisphere Energy Corporation (TSX VENTURE:HME) is pleased to announce its financial and operating results for the three and six months ended June 30, 2013. Second Quarter 2013 Highlights Produced 407 boe/d with an 83% oil and NGL weighting. Generated $2.4 million in revenue representing an increase of 15% over the first quarter of 2013. Increased operating netbacks by $4.49 [Read more]
Forent Energy Reports Second Quarter Results & Montgomery Oil Discovery
CALGARY, ALBERTA--(Marketwired - Aug. 27, 2013) - Forent Energy Ltd. ("Forent" or the "Company") (TSX VENTURE:FEN) is pleased to announce that it has filed its unaudited condensed Interim Financial Statements and Management's Discussion & Analysis, for the period ending June 30, 2013, with applicable securities regulatory authorities in Canada. Copies of these documents can be accessed under the Company's profile on the SEDAR website at www.sedar.com and on the Company's website [Read more]
Statoil strikes oil in Newfoundland offshore, 500 km northeast of St. John’s
ST. JOHN'S, N.L. - Statoil has discovered crude oil in the Flemish Pass Basin in the North Atlantic, marking the third time it has made such a find in Newfoundland's offshore.The Norwegian energy company says it made the discovery while drilling in depths of about 1,100 metres of water in an area known as the Bay du Nord prospect, about 500 kilometres northeast of St. John's.In June, Statoil announced it detected oil at the Harpoon prospect, which is about 10 kilometres away from Bay du Nord.The [Read more]
RedWater Announces New Board Member
OKOTOKS, ALBERTA--(Marketwired - Aug. 27, 2013) - RedWater Energy Corp. ("RedWater") (TSX VENTURE:RED) is pleased to announce that at its annual and special meeting of shareholders held on August 26, 2013, shareholders re-elected the existing board of directors (Gary Waters, Kyle Francis, Kevin Dickson and Ron Wanner) and elected for his first term Mr. George Chan of Alberta, Canada. Mr. Chan has also agreed to join the Audit Committee of RedWater which now consists of Messrs Waters, Wanner, [Read more]
Oil shoots above $108 as US defense secretary says forces prepared to strike Syria
(AP) - The price of oil jumped more than US$2 on Tuesday, to above $108 a barrel, after the U.S. defence secretary said American forces were ready to act on any order by President Barack Obama to strike Syria. Warships move closer to Syria as Obama considers military options over 'chemical weapons use' http://t.co/KtsaNx9EQt pic.twitter.com/1ci2mtuhLM— New York Post (@nypost) August 24, 2013 By early afternoon in Europe, U.S. benchmark crude for October delivery was up $2.12 to [Read more]
More than five million hours of work lost due to Alberta flood
OTTAWA - Statistics Canada says the extensive flooding that hit Alberta in June produced a net loss of 5.1 million hours of work.The agency says 300,000 employed Albertans, or 13.5 per cent of the total working population, lost 7.5 million hours of work during the floods.At the same time, 134,000 people, or 6.0 per cent of workers, put in 2.4 million additional hours.There was a net loss in hours worked in all industries, except utilities and public administration.More than a quarter [Read more]
Kelt Exploration Ltd. closes $111.6 million equity financing including full exercise of the over-allotment option
CALGARY, Aug. 27, 2013 /CNW/ - ("KEL" - TSX) - Kelt Exploration Ltd. ("Kelt" or the "Company") is pleased to announce that it has completed a bought deal private placement offering (the "Offering") with a syndicate of underwriters led by Peters & Co. Limited and including FirstEnergy Capital Corp., CIBC World Markets Inc., DundeeSecurities Ltd., RBC Dominion Securities Inc., GMP Securities L.P., Stifel Nicolaus Canada Inc., Macquarie Capital Markets Canada Ltd., National Bank Financial Inc., [Read more]
Alberta Energy Regulator Approves Application for HCSS Demonstration Project on Deep Well’s Lands
EDMONTON, ALBERTA--(Marketwired - Aug. 27, 2013) - Deep Well Oil & Gas, Inc. (and its subsidiaries Northern Alberta Oil Ltd. and Deep Well Oil & Gas, Inc. - "Deep Well" or "Company") (OTCQB:DWOG) is pleased to announce that the Alberta Energy Regulator ("AER", formerly known as the Energy Resources Conservation Board or ERCB) has approved an application previously submitted by the Company to the AER for development using Horizontal Cyclical Steam Stimulation ("HCSS"), planned for the thermal [Read more]
Amarok Energy Inc. Announces the Release of Second Quarter 2013 Financial Results and Operations Update
CALGARY, ALBERTA--(Marketwired - Aug. 26, 2013) - Amarok Energy Inc. ("Amarok" or the "Corporation") (TSX VENTURE:AMR) announces the release of its financial results for the three and six months ended June 30, 2013. The Corporation's financial statements and management's discussion and analysis for the three and months ended June 30, 2013 will be available on SEDAR at www.sedar.com. The raw seismic for the leased land in Laurel, Montana that was processed at a third party [Read more]