CALGARY, ALBERTA--(Marketwired - Aug. 13, 2015) - Anderson Energy Inc. ("Anderson" or the "Company") (TSX:AXL) announces its operating and financial results for the second quarter ended June 30, 2015. The Company will be filing its unaudited condensed interim financial statements and management's discussion and analysis ("MD&A") for the three and six months ended June 30, 2015 on SEDAR today. Copies can be found under the Company's profile on www.sedar.com and on the Company's website at [Read more]
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RMP Energy Reports Second Quarter Results Highlighting Record Quarterly Production and Continued Low Cost Structure, Provides Updated Market Guidance and Announces Resumption of Alliance Pipeline
CALGARY, ALBERTA--(Marketwired - Aug. 13, 2015) - RMP Energy Inc. ("RMP" or the "Company") (TSX:RMP) is pleased to report for the three months ended June 30, 2015 funds from operations of $31.1 million ($0.25 per basic share) on realized revenue of $49.3 million, cash costs (5) of $9.83/boe and record average daily production of 13,625 barrels of oil equivalent, weighted 45% light oil and NGLs. Detailed second quarter results are as follows: Financial Highlights Three Months Ended June [Read more]
Storm Resources Ltd. (“Storm” or the “Company”) is Pleased to Announce Its Financial and Operating Results for the Three and Six Months Ended June 30, 2015
CALGARY, ALBERTA--(Marketwired - Aug. 13, 2015) - Storm Resources Ltd. (TSX VENTURE:SRX) - Storm has also filed its unaudited condensed interim consolidated financial statements as at June 30, 2015 and for the three and six months then ended along with Management's Discussion and Analysis ("MD&A") for the same period. This information appears on SEDAR at www.sedar.com and on Storm's website at www.stormresourcesltd.com. Selected financial and operating information for the three and six [Read more]
Traverse Energy Announces 2015 Second Quarter Results
CALGARY, ALBERTA--(Marketwired - Aug. 13, 2015) - Traverse Energy Ltd. ("Traverse" or "the Company") (TSX VENTURE:TVL) presents financial and operating results for the six months ended June 30, 2015. Three months ended June 30, Six months ended June 30, 2015 2014 2015 2014 Financial ($ thousands, except per share amounts) Petroleum and natural gas revenue 3,273 4,338 6,786 8,873 Cash flow [Read more]
$140M in conservation work proposed for Gulf of Mexico; money comes from 2010 BP oil spill
NEW ORLEANS - Ten watersheds around the rim of the Gulf of Mexico — from Florida to Texas — are being looked at as sites for $140 million in proposed conservation projects under a plan to restore the Gulf from BP's catastrophic 2010 oil spill.On Thursday the Gulf Coast Restoration Council, a body set up by Congress to handle money derived from fines from the spill, released a list of the projects it wants to fund.This money comes from a settlement with Transocean Deepwater Inc., a drilling [Read more]
Rail versus Pipe: new Fraser Institute report says pipelines safer than rail
CALGARY - TransCanada (TSX:TRP) is pointing to a new study on how pipeline safety stacks up against rail to show why two of its controversial projects should be built.According to the report by the Fraser Institute released Thursday, the rate of incidents or accidents per million barrels of transported crude is 4 1/2 times higher for rail than for pipelines.The think tank crunched data from the federal Transportation Safety Board and Transport Canada between 2003 and 2013 to come to that [Read more]
Shoal Point Energy Announces Non Brokered Private Placement
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 13, 2015) - Shoal Point Energy Corp. (CSE:SHP) today announced a non-brokered Private Placement of up to 100 million Units at a price of $0.005 per unit for gross proceeds of up to $500,000. Each unit will consist of one share and one share purchase warrant. Each warrant is exercisable at a strike price of $0.05 with an expiry on the fifth anniversary of the date of closing of the transaction. Proceeds of the private placement will be used for [Read more]
Alliance Restarts Pipeline and Begins Shipping Natural Gas
CALGARY, ALBERTA--(Marketwired - Aug. 13, 2015) - Alliance Pipeline today announced it has restarted its mainline pipeline system and has safely resumed commercial operations and service for its customers. Flaring operations at Alliance's block valve near Arcola and the Alameda compressor station in southeastern Saskatchewan have concluded. Alliance began receiving operational linepack from shippers on Wednesday, August 12, 2015, enabling the company to begin a controlled restart of the [Read more]
Risks and Benefits of Energy East Need Better Balance
TORONTO, Aug. 13, 2015 /CNW/ - The Ontario Energy Board (OEB) today released "Giving Ontarians a Voice on Energy East," a report on its consultation and review of the proposed Energy East Pipeline. At the request of the Minister of Energy, the OEB led an open and impartial review of the potential benefits and impacts of the proposed Energy East from an Ontario perspective. After the most comprehensive consultation it has ever undertaken, the OEB has determined that there is an imbalance [Read more]
Tamarack Valley Energy Ltd. Announces 2015 Second Quarter Financial and Operating Results. Operational Efficiencies Position Company for Continued Growth
CALGARY, ALBERTA--(Marketwired - Aug. 13, 2015) - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX VENTURE:TVE) is pleased to announce its operating and financial results for the second quarter of 2015. The Company exceeded its second quarter 2015 production guidance of 6,300 to 6,500 boe/d by averaging 6,992 boe/d and increased its funds flow netback per boe by 9.8% to $20.72/boe through continued cost cutting measures. The Company has filed its unaudited condensed consolidated [Read more]