CALGARY, ALBERTA--(Marketwired - May 11, 2015) - Chinook Energy Inc. ("our", "we", "us" or "Chinook") (TSX:CKE) is pleased to announce its first quarter financial and operating results. Our operational and financial highlights for the three months ended March 31, 2015 are noted below and should be read in conjunction with our condensed consolidated financial statements for the three months ended March 31, 2015 and 2014 and related management's discussion and analysis which have been posted on [Read more]
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Athabasca Oil Corporation Reports First Quarter 2015 Financial and Operating Results
CALGARY, May 12, 2015 /CNW/ - Athabasca Oil Corporation ("Athabasca" or the "Company") (TSX: ATH) is pleased to report its first quarter 2015 financial and operating results. Highlights from the quarter and recent accomplishments: Achieved a significant milestone commencing well pair steaming at Hangingstone in late March. Construction of Hangingstone Project 1 was completed on schedule with a final cost estimate between $740 - $750 million, which is within approximately 5% of the [Read more]
Mapan Energy Ltd. Reports First Quarter 2015 Operating and Financial Results and Executive Appointment
CALGARY, ALBERTA--(Marketwired - May 12, 2015) - Mapan Energy Ltd. ("Mapan" or the "Company") (TSX VENTURE:MPG) is pleased to report its operating and financial results for the three months ended March 31, 2015. Full financial results are included in Mapan's first quarter 2015 financial statements and management's discussion and analysis as at and for the three months ended March 31, 2015, which are available for review under Mapan's profile on the SEDAR website at www.sedar.com or at [Read more]
Encana Reports Solid First Quarter Operating Performance and Continued Liquids Growth
CALGARY, AB--(Marketwired - May 12, 2015) - Encana (TSX: ECA) (NYSE: ECA) Encana delivered strong results in the first quarter, during which it grew liquids production and cash flow, advanced the development of its four most strategic assets and prudently managed its balance sheet. Highlights include: cash flow of approximately $495 million, up 31 percent from the fourth quarter of 2014 liquids production of approximately 120,700 barrels per day (bbls/d), up 78 percent year-over-year [Read more]
Journey Energy Inc. reports its first quarter, 2015 financial and operating results
CALGARY, May 11, 2015 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") is pleased to announce its financial results for the first quarter of 2015. The complete set of financial statements and management discussion and analysis for the three months ended March 31, 2015 are posted on www.sedar.com and on the Company's website www.journeyenergy.ca. HIGHLIGHTS In the first quarter of 2015, Journey executed a reduced exploration and development capital program of $17.6 [Read more]
Cardinal Energy Ltd. Announces First Quarter Results
CALGARY, ALBERTA--(Marketwired - May 11, 2015) - Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX:CJ) is pleased to announce its operating and financial results for the three months 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 and on Cardinal's website at [Read more]
Perpetual Energy Inc. Releases First Quarter 2015 Financial and Operating Results
CALGARY, May 11, 2015 /CNW/ - (TSX:PMT) - Perpetual Energy Inc. ("Perpetual", the "Corporation" or the "Company") is pleased to report its financial and operating results for the three months ended March 31, 2015. A complete copy of Perpetual's unaudited interim consolidated financial statements and related Management's Discussion and Analysis ("MD&A") for the three months ended March 31, 2015 can be obtained through the Corporation's website at www.perpetualenergyinc.com and SEDAR at [Read more]
US agency approvals Shell’s Arctic drilling plan off Alaska’s northwest coast
ANCHORAGE, Alaska - Just days ahead of a planned protest of Royal Dutch Shell's Arctic drilling program in Seattle, the company on Monday cleared a major bureaucratic hurdle to drill off Alaska's northwestern coast.The Bureau of Ocean Energy Management approved the multi-year exploration plan in the Chukchi Sea for Shell after reviewing thousands of comments from the public, Alaska Native organizations and state and federal agencies."We have taken a thoughtful approach to carefully considering [Read more]
Inter Pipeline Announces Record First Quarter 2015 Financial and Operating Results
CALGARY, ALBERTA--(Marketwired - May 11, 2015) - Inter Pipeline Ltd. ("Inter Pipeline") (TSX:IPL) announced today record financial and operating results for the three month period ended March 31, 2015. First Quarter Highlights Generated record funds from operations* of $177 million, or $0.53 per share, a 34 percent increase over the first quarter of 2014 Declared record cash dividends of $122 million or $0.3675 per share Conservative quarterly payout ratio* of 73 percent Generated [Read more]
Shell Canada pushing back startup of Carmon Creek oilsands project
CALGARY - Shell Canada says its Carmon Creek oilsands project will start up a couple of years later than planned as the company looks to drive down costs.With low crude prices curbing construction activity in northern Alberta, contractors and service providers have been under pressure to sharpen their pencils.Shell is altering the schedule for the first two phases of Carmon Creek so that it can improve its design and retender some contracts, said spokesman Cameron Yost."We are still early enough [Read more]