CALGARY, ALBERTA--(Marketwired - Feb. 26, 2015) - Arcan Resources Ltd. (TSX VENTURE:ARN) ("Arcan" or the "Company") announces the appointment of Mr. Lorie Waisberg and Mr. Henry Cohen to the Board of Directors of the Company, and the appointment of Mr. Waisberg as Chairman of the Board of Directors. The anticipated appointment of Messrs. Waisberg and Cohen to the Board was announced previously in connection with the recent transaction pursuant to which all of Arcan's outstanding convertible [Read more]
News
Cardinal Energy Ltd. Announces a 140% Increase in Year End Reserves and 2015 Guidance
CALGARY, ALBERTA--(Marketwired - Feb. 26, 2015) - Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX:CJ) is pleased to present the results of its 2014 year end oil and gas reserves evaluation and its 2015 guidance. 2014 Reserve Highlights On a fully diluted per share basis, Cardinal increased total proved reserves ("1P") by 46% and total proved plus probable reserves ("2P") by 27% from year end 2013. Proved developed producing reserves increased by 140% to 30.1 MMboe (93% oil) and [Read more]
Pembina maintains secure financial position and delivers record year in 2014
Project execution is tracking on time and on budget; new capital projects and additional secured Phase III pipeline expansion volumes support future growth All financial figures are in Canadian dollars unless noted otherwise. This news release contains forward-looking statements and information that are based on Pembina Pipeline Corporation's ("Pembina" or the "Company") current expectations, estimates, projections and assumptions in light of its experience and its perception of historic [Read more]
Bonavista Energy Corporation Announces 2014 Fourth Quarter and Year End Results
CALGARY, ALBERTA--(Marketwired - Feb. 26, 2015) - Bonavista Energy Corporation (TSX:BNP) is pleased to report to shareholders its results for the fourth quarter and year ended December 31, 2014. Highlights include fourth quarter production growth of 14% to a record 85,810 boe per day, 15% reduction in cash costs to $10.99 per boe and a 10% improvement in annual FD&A costs to $9.94 per boe. Bonavista's Audited Consolidated Financial Statements and Notes, as well as Bonavista's Management's [Read more]
Pengrowth Delivers Strong 2014 Operational Results and Significant Reserves Growth
CALGARY, ALBERTA--(Marketwired - Feb. 26, 2015) - Pengrowth Energy Corporation (TSX:PGF)(NYSE:PGH) is pleased to announce its financial and operating results for the fourth quarter and the full year 2014, as well as 2014 year-end reserve results. Pengrowth had another strong year in 2014, delivering on its commitments, exceeding production guidance, getting Lindbergh steaming and adding to its drilling inventory in the liquids-rich Montney fairway. As commodity prices declined, Pengrowth [Read more]
Southern Pacific Advises of Issuance of Cease Trade Order
CALGARY, ALBERTA--(Marketwired - Feb. 26, 2015) - Further to the news release issued on February 11, 2015, Southern Pacific Resource Corp. (TSX:STP) announces that the Alberta Securities Commission (the "ASC") issued a cease trade order against the Corporation effective February 20, 2015 for failing to file interim financial statements, management's discussion and analysis and interim certifications for the period ended December 31, 2014 (collectively, the "Required Filings") within the time [Read more]
BlackPearl Announces Fourth Quarter and Full Year 2014 Financial and Operating Results
CALGARY, ALBERTA--(Marketwired - Feb. 26, 2015) - BlackPearl Resources Inc. ("we", "our", "us", "BlackPearl" or the "Company") (TSX:PXX)(OMX:PXXS) is pleased to announce its financial and operating results for the three and twelve months ended December 31, 2014. Highlights and accomplishments in 2014 included: Q4 2014 oil and gas production was 9,639 boe/day and oil and gas production for the year was 9,287 boe/day; Q4 2014 revenue was $48 million and funds flow from operations (a [Read more]
Strategic Oil & Gas Ltd. Announces Year-End Reserves, Updated Resource Assessment, Credit Facility Adjustment and Revised 2015 Budget
CALGARY, ALBERTA--(Marketwired - Feb. 26, 2015) - Strategic Oil & Gas Ltd. ("Strategic" or the "Company") (TSX VENTURE:SOG) is pleased to announce its year-end reserves and an updated third party resource assessment. Strategic achieved a 41 percent increase in proved and probable reserves at Marlowe, for a 403 percent reserve replacement ratio. The Company's independent reserve auditors have increased their assessment of the total petroleum initially in place for the Muskeg Stack at Marlowe [Read more]
Delphi Energy Releases Year End 2014 Reserves
CALGARY, ALBERTA--(Marketwired - Feb. 25, 2015) - Delphi Energy Corp. (TSX:DEE) ("Delphi" or the "Company") is pleased to report its crude oil and natural gas reserves information for the year ended December 31, 2014. Corporate Highlights Achieved record annualized production of 10,549 barrels of oil equivalent ("boe") per day and fourth quarter production of 12,035 boe per day. Achieved finding and development costs ("F&D"), including changes in future development costs ("FDC"), of [Read more]
Yoho Resources Inc. Announces Fiscal Q1 2015 Financial Results
CALGARY, ALBERTA--(Marketwired - Feb. 25, 2015) - Yoho Resources Inc. ("Yoho" or the "Company") (TSX VENTURE:YO) has filed today on SEDAR the financial statements for the three months ended December 31, 2014 and the related managements' discussion and analysis ("MD&A"). Copies of these documents may be found on www.sedar.com. Highlights Yoho's production during fiscal Q1 2015 averaged 1,479 boe per day (33% oil and natural gas liquids). One Duvernay well (0.33 net) was brought [Read more]