CALGARY, ALBERTA--(Marketwired - Nov. 17, 2015) - First Mountain Exploration Inc. ("First Mountain" or the "Company") (TSX VENTURE:FMX) announces financial results for its third quarter ended September 30, 2015. The unaudited condensed interim financial statements and management's discussion & analysis ("MD&A") have been filed on SEDAR and can be viewed at www.sedar.com. FINANCIAL OVERVIEW Certain selected financial and operational information for the quarter [Read more]
News
Suncor Energy announces 2016 capital spending program and production outlook
CALGARY, ALBERTA--(Marketwired - Nov. 17, 2015) - Suncor Energy released its 2016 corporate guidance today, which includes a flexible capital spending program of between $6.7 billion and $7.3 billion and average production of 525,000 to 565,000 barrels of oil equivalent per day. The guidance includes projected Suncor oil sands cash operating costs per barrel (excluding Syncrude)(1) of $27.00 to $30.00, continuing a multi-year trend that has seen Suncor reduce its oil sands cash costs [Read more]
Regulators seek public comments on extension to Mackenzie Gas Project sunset clauses
CALGARY, Nov. 17, 2015 /CNW/ - The National Energy Board (NEB) and the Government of Northwest Territories (GNWT) Regulator of Oil and Gas Operations will coordinate their review of the requests from Imperial Oil Resources Ventures Limited (IORVL) to extend to December 31, 2022 the sunset clauses included in the Mackenzie Gas Project (MGP) approvals. The NEB approved the construction of the MGP, including the Mackenzie Valley Pipeline (MVP) and the Mackenzie Gathering System (MGS) on December [Read more]
Iran to add 500,000 barrels of oil exports after sanctions are lifted through nuclear deal
TEHRAN, Iran - Iran said Tuesday it will export an additional 500,000 barrels of oil a day after sanctions are lifted under a landmark nuclear deal in a bid to reclaim its market share despite low prices.Oil Minister Bijan Zanganeh told reporters Iran plans to double its crude oil exports as sanctions are lifted, which officials expect to happen in early 2016. Iran plans to begin exporting an additional 500,000 barrels of oil a day six months later.OPEC member Iran currently exports 1.1 million [Read more]
TransCanada touts projects beyond headline-grabbing Keystone XL, Energy East
CALGARY - Major pipeline proposals like Keystone XL and Energy East may have been getting an awful lot of ink recently, but TransCanada Corp. wants its shareholders to also pay attention to the smaller, less splashy aspects of its business.In addition to the $35 billion in large-scale projects it has on the go, TransCanada is working on $13 billion in small- to medium-sized developments that are expected to come into service over the next three years.None of those have been as headline-grabbing [Read more]
Tidewater Midstream and Infrastructure Ltd. Announces Third Quarter Results
CALGARY, AB--(Marketwired - November 17, 2015) - Tidewater Midstream and Infrastructure Ltd. ("Tidewater" or the "Corporation") (TSX VENTURE: TWM) is pleased to announced that it has filed its unaudited condensed interim financial statements and Management's Discussion and Analysis ("MD&A") for the period ended September 30, 2015. Third Quarter 2015 HighlightsOn July 21, 2015 Tidewater established its first core operating area through the $180 million acquisition of a 63% operated working [Read more]
Toro Oil & Gas Ltd. reports third quarter 2015 financial and operating results
CALGARY, Nov. 17, 2015 /CNW/ - Toro Oil & Gas Ltd. (TSXV: TOO) ("Toro" or the "Company") announces its financial and operating results for the three and nine months ended September 30, 2015. Selected financial and operational information is set out below and should be read in conjunction with Toro's September 30, 2015 interim financial statements and the related management's discussion and analysis, which are available for review at www.sedar.com or the Company's website at [Read more]
Lightstream Announces Borrowing Base Re-Determination of Credit Faciltiy and Falher Well Results
CALGARY, ALBERTA--(Marketwired - Nov. 16, 2015) - Lightstream Resources Ltd. (the "Company" or "Lightstream") (TSX:LTS) announces the results of the semi-annual borrowing base re-determination of our secured termed credit facility ("Credit Facility"), resulting in approximately $200 million in available liquidity based on September 30, 2015 debt balances. Effective November 13, 2015, the borrowing base of our Credit Facility has been reduced to $550 million from $750 million. The [Read more]
Terra Energy Releases Third Quarter 2015 Results
CALGARY, ALBERTA--(Marketwired - Nov. 16, 2015) - Terra Energy Corp. ("Terra" or the "Corporation") (TSX:TT) announces its financial and operating results for the three month period ended September 30, 2015. Copies of Terra's Third quarter results may be obtained at www.sedar.com or www.terraenergy.ca. Summary of Third Quarter Results Three months ended September 30 ($ in thousands, except per share and boe [Read more]
Long Run Exploration Ltd. Announces 2015 Third Quarter Results
CALGARY, ALBERTA--(Marketwired - Nov. 16, 2015) - LONG RUN EXPLORATION LTD. (TSX:LRE) ("Long Run" or the "Company") announces financial and operational results for the third quarter of 2015. While 2015 continues to be challenging, Long Run remains on target to meet our annual capital, production and funds flow guidance as a result of our disciplined capital spending and operational results. In light of the current market conditions, Long Run continues to examine strategic and financial means [Read more]