CALGARY, ALBERTA--(Marketwire - Mar 4, 2013) - Arsenal Energy Inc. (AEI.TO) (AEYIF) AJM Deloitte has evaluated Arsenal''s reserves as at December 31, 2012 in accordance with National Instrument 51-101. Detailed reserve information will be included in Arsenal''s Annual Information Form for the year ended December 31, 2012 which will be filed on SEDAR at www.sedar.com on or before March 30, 2013. The summary information that follows has been derived from that [Read more]
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Santonia Announces 2012 Reserve Summary and Year End Results
CALGARY, ALBERTA--(Marketwire - Mar 4, 2013) - Santonia (STE.TO) is pleased to provide this summary of its financial and operating results for the 2012 year. A complete copy of the Company''s consolidated financial statements for the years ended December 31, 2012 and 2011, along with management''s discussion and analysis in respect thereof will be filed on SEDAR and is available on the Company''s website at www.santoniaenergy.com. Complete reserve disclosure as required under National Instrument [Read more]
Keystone XL gets blessing from U.S. State Department, clears major hurdle
The American government is making no final conclusion yet on the proposed Keystone XL pipeline but says that the fate of the project will not materially impact the growth of Alberta's oilsands. TransCanada's $7-billion pipeline project — proposed to ship oilsands crude to refineries on the United States Gulf Coast — has been in the crosshairs of environmentalists keen to halt oilsands expansion. But the State Department's draft Supplemental Environmental Impact Statement (SEIS) [Read more]
Canada rig count little changed week over week
[table] [attr style="width: 20%"]`[attr style="width: 35%"]`[attr style="width: 15%"]Oil`[attr style="width: 15%"]Gas`[attr style="width: 15%"]Total [attr rowspan="5" style="background-color: #E0E0E0; text-align: center; vertical-align: middle;"]Canada`This Week`509`146`655 Last Week`504`158`662 Last Year`514`167`681 Week over Week Change`+5`-12`-7 Year over Year Change`-5`-21`-26[/table] [table] [attr style="width: 20%"]`[attr style="width: 35%"]`[attr style="width: 15%"]Oil`[attr [Read more]
Terra Energy Closes on Additional $20 Million Montney Sale
CALGARY, ALBERTA--(Marketwire - Mar 1, 2013) - Terra Energy Corp. ("Terra" or the "Company") (TT.TO) is pleased to announce that the Company has closed on an additional $20 million sale of Montney assets to Crew Energy Inc. ("Crew"). Pursuant to an Option Agreement dated December 3, 2012, as amended, Crew elected to exercise its option to purchase additional Montney assets from Terra at an exercise price of $20 million cash. The resulting sale transaction was successfully completed on [Read more]
Pine Cliff Energy Ltd. Announces 2012 Year-End Reserves and Pro Forma Reserves Summary
CALGARY, ALBERTA--(Marketwire - March 1, 2013) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. Pine Cliff Energy Ltd. ("Pine Cliff") (TSX VENTURE:PNE) is pleased to announce its 2012 year‐ end reserves, the 2012 year‐end reserves of Skope Energy Inc. ("Skope") and Pine Cliff's pro forma reserves subsequent to Pine Cliff becoming the sole shareholder of Skope on February 19, 2013. Both Pine Cliff and Skope's independent reserve reports were prepared [Read more]
Crew Energy Announces Revised Acquisition Terms and the Purchase of 59 Sections of Montney Rights in Northeast British Columbia, March 1, 2013
CALGARY, ALBERTA--(Marketwire - Mar 1, 2013) - Crew Energy Inc. ("Crew" or the Company") (CR.TO) of Calgary, Alberta is pleased to announce that it has purchased 59 sections of Montney lands (the "Option Lands") in Northeast British Columbia, exercising on a portion of and amending the option it obtained in December 2012 as part of its Septimus/Groundbirch acquisition. The Company, on February 28th, 2013 closed the acquisition of approximately 59 net sections of Option Lands for a purchase [Read more]
Contact Exploration Announces Filing of Third Quarter Results and Increased Credit Facilities
CALGARY, ALBERTA--(Marketwire - Feb. 28, 2013) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES Contact Exploration Inc. (TSX VENTURE:CEX) announces that it has filed its unaudited Condensed Interim Consolidated Financial Statements for the three and nine month periods ended December 31, 2012 and the related Management's Discussion and Analysis on www.sedar.com. Increased Credit Facilities Based on a recent production review, Contact's financial institution, Canadian Western Bank, [Read more]
Shoreline Energy Corp. Announces Closing of the First Tranche of the Previously Announced Brokered Private Placement
CALGARY, ALBERTA--(Marketwire - Feb. 28, 2013) - NOT FOR DISTRIBUTION IN THE UNITED STATES Shoreline Energy Corp. (SEQ.TO) ("Shoreline" or the "Corporation") is pleased to announce that it has closed the first tranche of its previously announced brokered private placement financing (the "Financing"), resulting in gross proceeds to Shoreline of $3,961,482.00 through the issuance of 1,131,852 common shares ("Common Shares") of the Corporation at a subscription price of $3.50 per Common [Read more]
Delphi Energy Releases Year End 2012 Reserves and Provides Bigstone Montney Update
CALGARY, ALBERTA--(Marketwire - Feb 28, 2013) - Delphi Energy Corp. (DEE.TO) ("Delphi" or the "Company") is pleased to report its crude oil and natural gas reserves information for the year ended December 31, 2012. 2012 was a year of significant achievements for Delphi with the initial development of its Montney play at Bigstone. The Company brought three horizontal Montney wells on production through 100 percent owned and constructed facilities and associated gas gathering systems during [Read more]