CALGARY, ALBERTA--(Marketwired - May 14, 2015) - Petrus Resources Ltd. ("Petrus" or the "Company") is pleased to report operating and financial results for the first quarter of the 2015 fiscal year. Average production of 9,333 boe per day (44% oil and liquids) in the first quarter was double the 4,373 boe per day (51% oil and liquids) reported for the first quarter of 2014. In late April, production was estimated at 9,700 boe per day. Since mid-January, Petrus sales volumes have been [Read more]
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Cequence Energy Announces First Quarter Financial and Operating Results
CALGARY, May 14, 2015 /CNW/ - Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) is pleased to announce its operating and financial results for the three month period ended March 31, 2015. The Company's Consolidated Financial Statements and Management's Discussion and Analysis are available at cequence-energy.com and on SEDAR at www.sedar.com. First Quarter 2015 Highlights Successfully completed the 13 well winter drilling program including facility expansion at [Read more]
Terra Energy Releases First Quarter 2015 Results
CALGARY, ALBERTA--(Marketwired - May 14, 2015) - Terra Energy Corp. ("Terra" or the "Corporation") (TSX:TT) announces its financial and operating results for the three month period ended March 31, 2015. Copies of Terra's first quarter results may be obtained at www.sedar.com or www.terraenergy.ca. First Quarter 2014 Results Three months ended March 31 ($ in thousands, except per share and boe amounts) 2015 $ 2014 $ 2015 ($/boe) 2014 ($/boe) Revenue before [Read more]
Waldron Energy Corporation Announces First Quarter 2015 Results
CALGARY, ALBERTA--(Marketwired - May 14, 2015) - Waldron Energy Corporation ("Waldron" or the "Corporation") (TSX:WDN) is pleased to announce its financial and operational results for the three months ended March 31, 2015. A complete copy of Waldron's unaudited financial statements as at and for the three months ended March 31, 2015 and related Management's Discussion and Analysis ("MD&A") is available for review at www.sedar.com and on the Corporation's website at [Read more]
Kelt Reports Financial and Operating Results for the Three Months Ended March 31, 2015
CALGARY, AB--(Marketwired - May 14, 2015) - Kelt Exploration Ltd. ("Kelt" or the "Company") (TSX: KEL) has released its financial and operating results for the three months ended March 31, 2015. The Company's financial results are summarized as follows: FINANCIAL HIGHLIGHTS Three months ended March 31 (CA$ thousands, except as otherwise indicated) 2015 2014 % Revenue, before royalties and financial instruments 39,383 47,793 -18% Funds from [Read more]
Encana temporarily takes Deep Panuke out of production due to water problems
HALIFAX - Encana has temporarily taken its Deep Panuke offshore natural gas platform in Nova Scotia out of production due to water problems.The energy company warned in November that water levels in the reservoir were higher than was expected so early in the development, which began production in August 2013.Encana says it plans to resume production at Deep Panuke closer towards winter, when demand for natural gas is the greatest.The gas wells, which are located about 250 kilometres east of [Read more]
RMP Energy Reports First Quarter 2015 Financial Results
CALGARY, ALBERTA--(Marketwired - May 14, 2015) - RMP Energy Inc. ("RMP" or the "Company") (TSX:RMP) is pleased to report for the three months ended March 31, 2015 funds from operations of $25.6 million ($0.21 per basic share) on realized revenue of $42.3 million and average daily production of 12,245 barrels of oil equivalent, weighted 47% light oil and NGLs. Detailed first quarter results are as follows: Financial Stats Quarterly Summary (thousands except share and per boe [Read more]
Freehold Royalties Ltd. Announces 2015 First Quarter Results
CALGARY, ALBERTA--(Marketwired - May 14, 2015) - Freehold Royalties Ltd. (Freehold) (TSX:FRU) announced first quarter results for the period ended March 31, 2015. RESULTS AT A GLANCE Three Months Ended March 31 FINANCIAL ($000s, except as noted) 2015 2014 Change Gross revenue 27,751 49,200 -44 % Net income 21,617 17,854 21 % Per share, basic and diluted ($) 0.29 0.26 12 % Funds from operations [Read more]
Harvest Operations Announces First Quarter 2015 Results
CALGARY, ALBERTA--(Marketwired - May 14, 2015) - Harvest Operations Corp. ("Harvest" or "the Company") announces its financial and operating results for the first quarter ended March 31, 2015. This press release is an overview of the first quarter results for 2015 and should be read with the interim unaudited consolidated financial statements and Management's Discussion and Analysis (MD&A) for the first quarter ended March 31, 2015 available on the System for Electronic Document Analysis [Read more]
Yangarra Announces First Quarter 2015 Financial and Operating Results
CALGARY, May 14, 2015 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX:YGR) announces its financial and operating results for the three months ended March 31, 2015. First Quarter Highlights Earnings before interest, taxes, depletion & depreciation, amortization and changes in commodity contracts ("EBITDA") was $9.8 million ($0.17 per share - basic) or $5.6 million including changes in commodity contracts ($0.10 per share - basic). Oil and gas sales, after [Read more]