CALGARY, ALBERTA--(Marketwired - Nov. 13, 2014) - Donnycreek Energy Inc. ("Donnycreek" or the "Company") (TSX VENTURE:DCK) reports that the three wells, at 102/02-18-63-5 W6M ("2-18"), 100/08-20-63-5 W6M ("8-20") and 100/09-20-63-5 W6M ("9-20") (collectively, the "New Wells"), drilled from the Company's first three-well pad at Kakwa, have been on production since early October 2014. Donnycreek holds a 50% working interest in the New Wells. The New Wells are flowing with Initial 30 day [Read more]
News
Saskatchewan premier says Obama will hurt Democrats if he vetoes Keystone XL
REGINA - Saskatchewan Premier Brad Wall says lobbying in the U.S. to approve the Keystone XL pipeline appears to be paying off.The U.S. House of Representatives is preparing to vote on TransCanada Corp.'s (TSX-TRP) pipeline on Friday.If approved, the bill would then move to the Senate and then to U.S. President Barack Obama.The US$8-billion line would take bitumen from Alberta diagonally across the continent to refineries and ports in Texas.Wall, who supports the project, says Obama would hurt [Read more]
A list of pipeline projects in Canada that have been the subject of controversy
OTTAWA - Mounting opposition from environmentalists and in his home province of Quebec has not quelled NDP Leader Tim Mulcair's enthusiasm for a west-east pipeline across Canada. Here are a few other controversial pipeline projects in the country:Keystone XLKeystone XL is a proposed 1,897-kilometre pipeline that would carry crude oil from Hardisty, Alta., to Steele City, Neb., where it would link up with other pipelines that run to the Gulf Coast and the U.S. Midwest.The pipeline would carry an [Read more]
Energy East still most viable option for moving Alberta oilsands crude: Mulcair
OTTAWA - Tom Mulcair's enthusiasm for a west-to-east oil pipeline has not dimmed, despite mounting opposition among environmentalists and provincial politicians in the NDP's home base of Quebec.A west-east pipeline still makes the most sense of any proposal for pumping Alberta's oilsands crude to tidewater, the NDP leader says.But it has to be done right, Mulcair warns — with a rigorous, transparent environmental review process and legislation to force oil companies to pay for the pollution they [Read more]
Cequence Energy Announces Third Quarter Results and Operational Update
CALGARY, Nov. 13, 2014 /CNW/ - Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) is pleased to announce the financial and operating results for the three and nine months ended September 30, 2014 and to provide an update on its operational activities. The Company's financial statements and management's discussion and analysis are available at cequence-energy.com and at sedar.com. During the quarter, Cequence divested one of its core producing assets at Ansell for $141 million [Read more]
Solid Q3 2014 Results Reinforces Advantage’s Enviable Growth Position
Funds From Operations Up 123%, Production Up 18%, Total Cash Costs Down 26% (TSX: AAV, NYSE: AAV) CALGARY, Nov. 13, 2014 /CNW/ - Advantage's third quarter 2014 financial and operating results represents another solid quarter of performance highlighting our industry leading low cost structure, financial flexibility and operational successes. These results demonstrate the Corporation's capacity to grow its Glacier Montney resource play and preserve a strong balance sheet through cycles of high [Read more]
Twin Butte Energy announces sustainable 2015 dividend model and 2014 third quarter financial and operating results
CALGARY, Nov. 13, 2014 /CNW/ - (TSX: TBE) – Twin Butte Energy Ltd. ("Twin Butte" or the "Company") is pleased to provide it's 2015 capital plan and report its financial and operational results for the three months ended September 30, 2014. Highlights are as follows: Reinforced the financial sustainability of the Company's dividend with the total payout ratio for the year to date being 96%. The Company's guidance for 2015 demonstrates dividend sustainability at forecast $US80 WTI. Twin [Read more]
Prentice cautiously optimistic as Keystone pipeline faces key U.S. House vote
EDMONTON - Alberta Premier Jim Prentice says he is encouraged there appears to be increasing bipartisan support in the United States for the Keystone XL pipeline.Prentice says he remains cautiously optimistic about the pipeline's future as the House of Representatives prepares to vote on the project Friday.If approved, a bill on TransCanada Corp.'s (TSX:TRP) Keystone proposal would move to the Senate and then to U.S. President Barack Obama.The US$8-billion line would take bitumen from Alberta [Read more]
Traverse Energy Announces 2014 Third Quarter Results
CALGARY, ALBERTA--(Marketwired - Nov. 13, 2014) - Traverse Energy Ltd. ("Traverse" or "the Company") (TSX VENTURE:TVL) presents financial and operating results for the nine months ended September 30, 2014. Three months ended Sept. 30, Nine months ended Sept. 30, 2014 2013 2014 2013 Financial ($ thousands, except per share amounts) Petroleum and natural gas revenue 5,336 4,819 14,209 10,618 Cash flow from operating [Read more]
Dejour Reports Increased Nine Month 2014 Production and Revenue with Positive Cash Flow
Kokopelli Drilling Campaign Continues as Planned VANCOUVER, British Columbia--(BUSINESS WIRE)--Dejour Energy Inc. (NYSE MKT: DEJ / TSX: DEJ) (“Dejour” or the “Company”), an independent oil and gas exploration and production company operating in North America’s Piceance Basin and Peace River Arch regions, today announced its financial results for the three and nine month periods ended September 30, 2014. Other Key Financial and Operating Highlights are: Increased production by 7% [Read more]