OTTAWA – When Stephen Harper takes the stage at a leading U.S. think-tank on Thursday to talk about Canada’s energy prospects, his pitch will more than likely mention that Canada is halfway towards meeting its greenhouse gas emissions target. The question on many American minds is: what will Canada do to make up the other half? As the Obama administration mulls whether to let TransCanada Corp. build the Keystone XL pipeline to connect the Alberta oilsands to the Gulf Coast, the [Read more]
News
Second Wave Petroleum Inc. Announces Filing of First Quarter 2013 Financial Results
CALGARY, May 15, 2013 /CNW/ - Second Wave Petroleum Inc. ("Second Wave" or the "Company") announced today the filing of its interim financial statements and management's discussion and analysis for the quarter ended March 31, 2013, which have been filed on SEDAR atwww.sedar.com. Financial Summary Three months ended March 31, Three months ended December 31, ($000s, except per share and per boe amounts) 2013 2012 % ∆ 2012 % ∆ (1) Sales [Read more]
Exall Energy Corporation Announces Results For The Three Months Ended March 31, 2013
CALGARY, May 15, 2013 /CNW Telbec/ - Exall Energy Corporation ("Exall" or the "Company") (TSX:EE EE.DB) is pleased to announce its financial and operating results for the three months ended March 31, 2013. Exall's public filings can all be found at www.exall.com or www.sedar.com. Highlights: A first quarter 2013 production average of 1,303 boe per day a 17 percent increase over the same quarter in 2012, the second highest quarterly average in the Compay's history, A first quarter 2013 [Read more]
Liberals defy odds, pollsters, to hold onto power in B.C. provincial election
VANCOUVER - British Columbia's Liberals defied common wisdom and months of abysmal polling numbers to win a majority government Tuesday, a stunning turnaround for a party and a premier written off for dead when the election started just a few weeks ago. Premier Christy Clark was in a tight fight for her own Vancouver riding, but there was no doubt her party would return with another majority government. It was the Liberals' fourth-consecutive victory and Clark's first win as [Read more]
Chinook Energy Inc. Announces Its First Quarter Financial and Operational Results
CALGARY, ALBERTA--(Marketwired - May 14, 2013) -Chinook Energy Inc. ("Chinook" or the "Company") (CKE.TO) today announced its first quarter financial and operational results and provided an operational update. The Company has filed its unaudited consolidated financial statements for the three months ended March 31, 2013 and 2012 and related management's discussion and analysis ("MD&A") on the SEDAR website (www.sedar.com) and Chinook's website (www.chinookenergyinc.com). During the [Read more]
Artek Exploration Ltd. Announces First Quarter 2013 Financial Results and Updates Operations
CALGARY, ALBERTA--(Marketwired - May 14, 2013) - Artek Exploration Ltd. (RTK.TO) of Calgary, Alberta ("Artek" or the "Company") is pleased to provide this summary of its financial and operating results for the quarter ended March 31, 2013. A complete copy of the Company's comparative financial statements for the quarter ended March 31, 2013, along with management's discussion and analysis in respect thereof will be filed on SEDAR and on the Company's website [Read more]
Terra Energy Releases First Quarter 2013 Results
CALGARY, ALBERTA--(Marketwired - May 14, 2013) -Terra Energy Corp. ("Terra" or the "Company") (TT.TO) announces its financial and operating results for the three month period ended March 31, 2013. Copies of Terra's first quarter results may be obtained at www.sedar.com orwww.terraenergy.ca. First Quarter 2013 Results The Company generated Net income of $873,000 or $0.01/share on a basic and diluted basis, from revenues of $11,472,000, as a result of recovering natural gas pricing, lower [Read more]
Connacher Announces First Quarter 2013 Results
CALGARY, May 14, 2013 /CNW/ - Connacher Oil and Gas Limited (CLL - TSX; "Connacher" or the "Company") announces the release of its financial and operating results for the first quarter 2013 ending March 31, 2013, a summary of which is set out below. These are the first results for Connacher as a focusedin situ oil sands developer, producer and marketer of bitumen. The Company's near term objectives are to deliver successive and sustained improvement in operating and financial results and [Read more]
Zargon Oil & Gas Ltd. Provides 2013 First Quarter Results
CALGARY, ALBERTA--(Marketwired - May 14, 2013) -Zargon Oil & Gas Ltd. ("Zargon" or the "Company") (ZAR.TO) (TSX:ZAR.DB). FINANCIAL AND OPERATING HIGHLIGHTS (THREE MONTHS ENDED MARCH 31, 2013) First quarter 2013 production averaged 5,113 barrels of oil and liquids per day, a one percent increase from the preceding quarter and first quarter 2013 natural gas production averaged 15.2 million cubic feet per day, a five percent decrease from the preceding quarter. Total production averaged [Read more]
Twin Butte Energy announces 2013 Q1 results
CALGARY , May 14, 2013 /CNW/ - (TBE.TO) - Twin Butte Energy Ltd. ("Twin Butte" or the "Company") is pleased to report financial and operational results for the three months ended March 31, 2013 . Highlights of Twin Butte's first quarter 2013 are as follows: Continued demonstration of a disciplined capital program, providing our sustainable dividend paying model with a payout ratio of 97 percent and a total payout ratio net of the DRIP of 94 percent in the first quarter 2013. This was [Read more]