CALGARY, ALBERTA--(Marketwired - Nov. 17, 2014) - Kelt Exploration Ltd. (TSX:KEL) ("Kelt" or the "Company") is pleased to provide 2015 financial and operating guidance and comparisons to the Company's 2014 forecast which is summarized in the following table: 2014 Forecast 2015 Guidance Percent Change Average Production Oil (bbls/d) 3,400 5,800 71 % NGLs (bbls/d) 950 1,310 38 % Gas [Read more]
News
Exall Energy Corporation announces results for the three and nine months ended September 30, 2014
CALGARY, Nov. 17, 2014 /CNW Telbec/ - Exall Energy Corporation ("Exall" or the "Company") (TSX:EE and TSX:EE.DB) is pleased to announce its financial and operating results for the three and nine months ended September 30, 2014. Exall's public filings can all be found at www.exall.com or www.sedar.com. Highlights: A third quarter 2014 production average of 656 boe per day for a 9 month production average of 795 boe per day, Production was negatively affected by the shut in of [Read more]
Manitok Energy Inc. Announces Financial Results for the Third Quarter of 2014 and an Operational and 2014 Guidance Update
CALGARY, ALBERTA--(Marketwired - Nov. 17, 2014) - Manitok Energy Inc. (the "Corporation" or "Manitok") (TSX VENTURE:MEI) announces its financial and operating results for the third quarter of 2014 and an operational and 2014 guidance update. The full text of Manitok's third quarter report containing its unaudited condensed interim financial statements as at and for the three and nine months ended September 30, 2014 and the related management's discussion and analysis are available [Read more]
Alberta legislature resumes amid low oil, critics eye return of bitumen bogeyman
EDMONTON - Alberta's provincial politicians begin their fall session this week with a reset legislative agenda and a new premier madly crunching numbers under the Damoclean sword of plunging oil prices.Opposition critics, meanwhile, say low oil means Albertans better brace for an encore of the bitumen bogeyman and opening night of the great Prentice promise pullback.The session begins Monday with a speech from the throne to outline the priorities and goals of Premier Jim Prentice's Progressive [Read more]
WATCH: Obama shares his true feelings on Keystone XL
After the US House of Representatives overwhelmingly passed a bill to approve Keystone XL, the project is looking more and more like it will land on the President's desk for final approval. However, many believe the President will veto the project which was first proposed 6 years ago. Earlier today President Obama shared his true feelings on Keystone XL at a press conference in Burma. He expressed severe distaste, to say the least. Watch below: [Read more]
Alberta premier shrugging off negative comments from U.S. president on Keystone
BANFF, Alta. - Alberta's premier isn't concerned about negative comments from U.S. President Barack Obama regarding the Keystone XL pipeline.Jim Prentice says the Republican-controlled House of Representatives' passing a bill to approve the US$8-billion pipeline that would carry bitumen from Alberta to refineries and ports in Texas is good forward momentum.He says there is a tougher road ahead when it goes to the Senate and hopefully to the U.S. president for approval.Obama questioned the [Read more]
Cenovus gains approval for Telephone Lake oil sands project
Initial phases approved for production capacity of 90,000 bbls/d CALGARY, Nov. 14, 2014 /CNW/ - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has received approval from the Alberta Energy Regulator (AER) and the province of Alberta for its 100%-owned Telephone Lake thermal oil sands project. The proposed project is located approximately 90 kilometres northeast of Fort McMurray, within the company's Borealis Region of northern Alberta. The approval is for a steam-assisted gravity drainage (SAGD) [Read more]
Southern Pacific Announces Financial and Operational Results for the Quarter Ended September 30, 2014
CALGARY, ALBERTA--(Marketwired - Nov. 14, 2014) - Southern Pacific Resource Corp. ("Southern Pacific" or the "Company") (TSX:STP) today announced its financial and operational results for the quarter ended September 30, 2014. HIGHLIGHTS: Total Company production, which includes bitumen production from STP-McKay Phase 1 and heavy oil from STP-Senlac, averaged 3,372 barrels per day ("bbl/day") for the three months ended September 30, 2014; and The Company completed its previously [Read more]
Waldron Energy Corporation Announces Third Quarter 2014 Results
CALGARY, ALBERTA--(Marketwired - Nov. 14, 2014) - Waldron Energy Corporation ("Waldron" or the "Corporation") (TSX:WDN) is pleased to announce its financial and operational results for the three and nine months ended September 30, 2014. These reports are available for review at www.sedar.com and on the Corporation's website at www.waldronenergy.ca. Q3 2014 Highlights Third quarter 2014 production averaged 1,545 boe per day, an increase of 7% compared to the second quarter of 2014. Similar [Read more]
Pine Cliff Energy Ltd. Grants Stock Options
CALGARY, ALBERTA--(Marketwired - Nov. 14, 2014) - Pine Cliff Energy Ltd. ("Pine Cliff") (TSX VENTURE:PNE) announces that it has granted an aggregate of 4,119,800 stock options to its directors, officers, employees and certain service providers, of which 2,406,000 were granted to its directors and officers. The stock options vest between one to three years, have an exercise price of $1.66 per share and will expire between May 14, 2016 and May 14, 2018. The total number of Pine Cliff common shares [Read more]