Apache released it's 2015 first quarter results where it made mention to its Canadian activity and operations: Apache completed four Montney wells, including a successful test of the previously untested lower Montney in the Wapiti area. During the first quarter, the region averaged four rigs and reduced the count to zero as the region moves into breakup season. Activity will be focused on completing a seven-well Duvernay pad in the summer, along with two Montney wells currently in [Read more]
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Talisman Energy First Quarter Results Solid Operational and Financial Results Transaction with Repsol S.A. to close on May 8, 2015
CALGARY, ALBERTA--(Marketwired - May 7, 2015) - Talisman Energy Inc. (TSX:TLM) (NYSE:TLM) reported its operating and unaudited financial results for the first quarter of 2015. All values are in US$ unless otherwise stated. "Talisman delivered solid operational and financial results in the first quarter of 2015 against a backdrop of significantly lower commodity prices and our strategic decision to cut capital investment," said Hal Kvisle, President and CEO. "Production from ongoing operations [Read more]
Crescent Point Energy Announces First Quarter 2015 Results
CALGARY, ALBERTA--(Marketwired - May 7, 2015) - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) is pleased to announce its operating and financial results for the quarter ended March 31, 2015. The Company also announces that its unaudited financial statements and management's discussion and analysis for the quarter ended March 31, 2015, will be available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com, on EDGAR at [Read more]
Strong first quarter 2015 operating performance and low cost structure enable MEG to navigate through a low and volatile oil price environment
CALGARY, ALBERTA--(Marketwired - May 7, 2015) - MEG Energy Corp. (TSX:MEG) today reported first quarter 2015 operational and financial results. Highlights include: Record quarterly production of 82,398 barrels per day (bpd), an increase of 41% over first quarter 2014 production volumes, driven by the Christina Lake Phase 2B project and continuing implementation of MEG's RISER initiative; Net operating costs of $10.49 per barrel, 23% lower than first quarter 2014 costs and 13% below [Read more]
Paramount Resources Ltd. Announces Q1 2015 Results; April 2015 Sales Volumes Average Approximately 42,000 Boe/d; Condensate Stabilizer Expansion to Start-Up Imminently
CALGARY, ALBERTA--(Marketwired - May 6, 2015) - Paramount Resources Ltd. (TSX:POU) OIL AND GAS OPERATIONS First quarter 2015 sales volumes were 38,317 Boe/d, 82 percent higher than the first quarter of 2014. Sales volumes averaged over 40,000 Boe/d in February before being impacted by a five-day shut-down at Musreau due to a third-party natural gas pipeline outage. First quarter 2015 liquids sales volumes totaled 13,551 Bbl/d, 279 percent higher than the same period in 2014, including [Read more]
Trilogy Energy Corp. Announces Financial and Operating Results for the Three Months-Ended March 31, 2015 and Webcast of the Annual Meeting of Shareholders
CALGARY, ALBERTA--(Marketwired - May 6, 2015) - Trilogy Energy Corp. (TSX:TET) ("Trilogy") is pleased to announce its financial and operating results for the three months-end March 31, 2015 and to provide webcast information for its annual meeting of shareholders. Financial and Operating Highlights Reported sales volumes for the first quarter of 2015 were lower at 33,041 Boe/d as compared to 35,938 Boe/d for the previous quarter. Net capital expenditures totaled $47.7 million as [Read more]
Long Run Exploration Ltd. Announces 2015 First Quarter Results
CALGARY, ALBERTA--(Marketwired - May 6, 2015) - LONG RUN EXPLORATION LTD. (TSX:LRE) ("Long Run" or the "Company") announces financial and operational results for the first quarter of 2015. The first quarter of 2015 has proven to be the most challenging in Long Run's brief history. In 2014, we made two strategic acquisitions in the Alberta Deep Basin which strengthened our asset portfolio. Our decision to utilize our balance sheet in these transactions combined with subsequent lower oil [Read more]
BlackPearl Announces First Quarter 2015 Financial and Operating Results
CALGARY, ALBERTA--(Marketwired - May 6, 2015) - BlackPearl Resources Inc. ("BlackPearl" or the "Company") (TSX:PXX)(OMX:PXXS) is pleased to announce its financial and operating results for the three months ended March 31, 2015. Highlights include: Construction of the 6,000 barrels per day first phase of the Onion Lake thermal project is complete and commissioning of the facilities has begun, the project was ahead of schedule and within budget; At Blackrod, the pilot results from the [Read more]
Raging River Exploration Inc. Announces First Quarter Operating and Financial Results and Expanded 2015 Budget
CALGARY, ALBERTA--(Marketwired - May 6, 2015) - Raging River Exploration Inc. (the "Company" or "Raging River") (TSX:RRX) announces its operating and financial results for the three months ended March 31, 2015. Selected financial and operational information is outlined below and should be read in conjunction with the unaudited interim financial statements and the related management, discussion and analysis ("MD&A"). These filings will be available at www.sedar.com and the Company's website [Read more]
Enbridge CEO Puts Focus on Building for Tomorrow
CALGARY, ALBERTA--(Marketwired - May 6, 2015) - Enbridge Inc. (TSX:ENB) (NYSE:ENB) Canada and North America have a significant global advantage and tremendous opportunity with respect to energy, but face a challenge in building the connectivity needed to keep pace with energy development, Enbridge Inc. President and CEO Al Monaco told shareholders at the Company's annual general meeting held in Toronto today. Mr. Monaco spoke about what he sees as a critical issue facing the industry - an [Read more]