CALGARY, Aug. 6, 2013 /CNW/ - Brion Energy has received notice from the Alberta Energy Regulator (AER) that the panel reviewing the Dover Commercial Project approved the Project, subject to the approval by the Lieutenant Governor in Council. The AER's approval will be sent to the Government of Alberta for its consideration. Brion is confident of its ability to abide by the conditions and recommendations of the AER's approval. "We thank the regulatory officials for their careful work on this [Read more]
News
Whitecap Resources Inc. Announces 2013 Second Quarter Results
CALGARY, Aug. 6, 2013 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to announce that we have filed on SEDAR our unaudited interim financial statements and related Management's Discussion and Analysis ("MD&A") for the three and six months ended June 30, 2013. Selected financial and operational information is outlined below and should be read in conjunction with Whitecap's unaudited interim financial statements and related MD&A which are available for [Read more]
Trilogy Energy Corp. Announces Financial and Operating Results for the Three and Six Months-Ended June 30, 2013 and Updates 2013 Guidance
CALGARY, ALBERTA--(Marketwired - Aug. 6, 2013) - Trilogy Energy Corp. (TSX:TET) ("Trilogy") is pleased to announce its financial and operating results for the three and six months-ended June 30, 2013 and updates 2013 guidance. FINANCIAL AND OPERATING HIGHLIGHTS Reported sales volumes for the second quarter of 2013 averaged 37,209 Boe/d, representing an increase of 3 percent over the prior quarter (12 percent year to date 2013 over the same [Read more]
Rock Energy Inc. Announces Q2 2013 Results, Increases Capital Program and Revises Guidance Upward
CALGARY, ALBERTA--(Marketwired - Aug. 6, 2013) - Rock Energy Inc. (TSX:RE) ("Rock" or the "Company") is pleased to report its financial and operating results for the three months and six months ended June 30, 2013. 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, 2013 and related Management's Discussion and Analysis ("MD&A"). Copies of Rock's [Read more]
TransCanada to Proceed with $1.5 Billion North Montney Extension
CALGARY, ALBERTA--(Marketwired - Aug. 6, 2013) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) announced today that its wholly-owned subsidiary, NOVA Gas Transmission Ltd. (NGTL), has signed agreements with Progress Energy Canada Ltd. (Progress) for approximately two billion cubic feet per day (Bcf/d) of firm gas transportation services to underpin the development of a major pipeline extension of the NGTL System. "The proposed North Montney Mainline project will provide [Read more]
Canada Energy Partners Announces Year-End Reserve & Resource Update With Significant Increase in Montney Resource
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 6, 2013) - Canada Energy Partners (the "Company") (TSX VENTURE:CE) is pleased to announce its year-end reserve and resource update, effective April 30, 2013. GLJ Petroleum Consultants evaluated the Company's Montney reserves and resources and Netherland Sewell and Associates evaluated the Peace River CBM Project's reserves and resources. The Company received an increase in its Contingent Resources of 173 BCFe associated with its Monias Property. [Read more]
U.S. Development Group Partners With Gibson Energy to Develop Crude-By-Rail Terminal Near Hardisty, Alberta
HOUSTON, TEXAS and CALGARY, ALBERTA--(Marketwired - Aug. 6, 2013) - U.S. Development Group LLC ("USDG"), a Houston based developer of rail logistics and terminal facilities and Gibson Energy Inc. ("Gibson"), (TSX:GEI), a Calgary based midstream energy company, today announced that they have partnered to expand USDG's industry-leading crude-by-rail development to Canada and increase transportation optionality for Gibson's Hardisty Terminal customers. Gibson and USDG have jointly secured [Read more]
MEG Energy appoints Chief Financial Officer
CALGARY, Aug. 6, 2013 /CNW/ - MEG Energy Corp. announced today the appointment of Eric Toews to the position of Chief Financial Officer. "Eric brings to MEG more than 20 years of experience, expertise and strategic leadership in the financial sector," said Bill McCaffrey, President and Chief Executive Officer. "His career has been exclusively focused in oil and gas which will be invaluable as we continue to move forward with our long-term growth strategy." Toews joins MEG Energy from BMO [Read more]
Shoreline Provides Corporate Update and 2013 Guidance
CALGARY, ALBERTA--(Marketwired - Aug. 6, 2013) - Shoreline Energy Corp. (TSX:SEQ) ("Shoreline" or the "Company") is pleased to announce the following corporate update and guidance for the remainder of 2013. Production Corporate average monthly production for July 2013 was approximately 2,385 Boe/d (32% oil, 4% NGL's, 64% natural gas), comprised of approximately 1,925 Boe/d from the Company's Canadian Peace River Arch assets including its new Montney oil wells and approximately [Read more]
Sunshine Oilsands Ltd. Announces Commencement of a Review of Strategic Development Alternatives to Preserve and Maximize Shareholder Value
CALGARY, Alberta, Aug. 6, 2013 /CNW/ - Sunshine Oilsands Ltd. ("Sunshine" or the "Corporation") (HKEX: 2012, TSX: SUO) announces that in light of Sunshine's planned expenditures and ongoing capital requirements for its West Ells and other projects and its existing capital levels, the Board of Directors has directed management of the Corporation to commence a strategic review process to identify, examine and consider a range of strategic alternatives available to Sunshine, with a view to [Read more]