CALGARY, ALBERTA--(Marketwired - May 13, 2015) - DEETHREE EXPLORATION LTD. ("DeeThree" or the "Company") (TSX:DTX)(OTCQX:DTHRF) is pleased to release an operational update and its financial and operational results for the quarter ended March 31, 2015. FINANCIAL AND OPERATIONAL HIGHLIGHTS Financial and operational highlights for the interim period ended March 31, 2015 with comparative data for 2014 are set out below and should be read in conjunction with the financial statements and related [Read more]
News
Spyglass Resources Corp. Announces Voting Results from Annual General Meeting
CALGARY, May 13, 2015 /CNW/ - Spyglass Resources Corp. ("Spyglass", or the "Company") (TSX: SGL, OTCQX: SGLRF) announces the voting results from its Annual General Meeting of shareholders held on May 13, 2015 in Calgary, Alberta (the "Meeting"). Each of the matters voted on at the Meeting is outlined in the Information Circular dated March 25, 2015 and is available on the company's website at www.spyglassresources.com and on SEDAR at www.sedar.com. Proxies or ballots were received for a [Read more]
Delphi Energy Reports First Quarter Results
CALGARY, ALBERTA--(Marketwired - May 13, 2015) - Delphi Energy Corp. (TSX:DEE) ("Delphi" or the "Company") is pleased to announce its financial and operational results for the quarter ended March 31, 2015. First Quarter 2015 Highlights Produced an average of 11,002 barrels of oil equivalent per day ("boe/d") in the first quarter of 2015, an increase of seven percent over the comparative quarter of 2014 including production curtailments of 500 boe/d; Successfully drilled two gross (1.7 [Read more]
Connacher Announces Q1 2015 Results
CALGARY, May 13, 2015 /CNW/ - Connacher Oil and Gas Limited (CLL - TSX; "Connacher" or the "Company") announces its financial and operating results for the quarter-ended March 31, 2015 ("Q1 2015") (all amounts are in Canadian dollars unless otherwise noted). As previously announced, the Company closed its recapitalization on May 8, 2015. At the opening of trading on Thursday, May 14, 2015, the common shares of Connacher will commence trading on a 1-for-800 consolidated basis under the new [Read more]
Storm Resources Ltd. (“Storm” or the “Company”) is Pleased to Announce Its Financial and Operating Results for the Three Months Ended March 31, 2015
CALGARY, ALBERTA--(Marketwired - May 13, 2015) - Storm Resources Ltd. (TSX VENTURE:SRX) has also filed its unaudited condensed interim consolidated financial statements as at March 31, 2015 and for the three 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 months ended March 31, [Read more]
Painted Pony Announces Increased Credit Facilities to $325 Million and First Quarter 2015 Financial and Operating Results
CALGARY, ALBERTA--(Marketwired - May 13, 2015) - Painted Pony Petroleum Ltd. ("Painted Pony" or the "Corporation") (TSX:PPY) is pleased to announce an increase to the Corporation's credit facilities and its first quarter 2015 financial and operating results. Highlights include: An increase in the Corporation's credit facilities to $325 million from $175 million; 67% increase in average production to 16,243 boe/d (97.5 MMcfe/d); 126% increase in average natural gas liquids ("NGL") [Read more]
Zargon Oil & Gas Ltd. Provides 2015 First Quarter Results
CALGARY, ALBERTA--(Marketwired - May 13, 2015) - Zargon Oil & Gas Ltd. ("Zargon" or the "Company") (TSX:ZAR)(TSX:ZAR.DB). FINANCIAL AND OPERATING HIGHLIGHTS (THREE MONTHS ENDED MARCH 31, 2015) Funds flow from operating activities of $7.2 million were 43 percent lower than the $12.6 million recorded in the prior quarter, and 53 percent lower than the $15.3 million reported in first quarter of 2014. Funds flow from operating activities for the 2015 first quarter included reductions of [Read more]
Twin Butte Energy Announces Record First Quarter Funds Flow, Progress on Transition to Higher Value Asset Base
CALGARY, May 13, 2015 /CNW/ - (TSX: TBE) – Twin Butte Energy Ltd. ("Twin Butte" or the "Company") is pleased to report its financial and operational results for the three months ended March 31, 2015. Highlights of Twin Butte's successful first quarter 2015 are as follows: Generated record funds flow of $55.4 million ($0.16/share). Continued the transition to a medium gravity, oil-focused producer with medium barrels accounting for 50% of oil production in the first quarter. Reduced [Read more]
Harper government keeps pitching oil pipelines in U.S., even if Alberta won’t
OTTAWA - A new political reality surfaced Wednesday in which Ottawa is aggressively marketing an Alberta pipeline project that the new provincial government says it won't promote and doesn't even want.Finance Minister Joe Oliver's speech Wednesday before a Wall Street crowd makes it clear Ottawa is happy to take over from the Alberta government when it comes to pitching the stalled Keystone XL project in the United States.The federal Conservative government's latest Keystone pitch comes just [Read more]
Gear Energy Ltd. Announces First Quarter 2015 Operating Results and Increased Capital Budget
CALGARY, ALBERTA--(Marketwired - May 13, 2015) - Gear Energy Ltd. ("Gear" or the "Company") (TSX:GXE) is pleased to provide the following first quarter operating update and budget guidance to shareholders. Gear's Interim Financial Statements and related Management's Discussion and Analysis (MD&A) for the period ended March 31, 2015 are available for review on Gear's website at www.gearenergy.com and on www.sedar.com. Financial Summary Three months ended (Cdn$ [Read more]