CALGARY, ALBERTA--(Marketwired - November 28, 2014) - Contact Exploration Inc. ("Contact" or the "Company") (TSX VENTURE: CEX) is pleased to announce that today it has filed its interim condensed consolidated financial statements as at and for the three and six months ended September 30, 2014 and the related management's discussion and analysis ("MD&A") on the Company's profile on the System for Electronic Document Analysis and Retrieval ("SEDAR") website at www.sedar.com. President's [Read more]
News
Elkwater Resources Ltd. Provides Operational Update and Announces Third Quarter 2014 Financial Results
CALGARY, ALBERTA--(Marketwired - Nov. 28, 2014) - Elkwater Resources Ltd. ("Elkwater" or the "Company") (TSX VENTURE:ELW) announces that it has filed on SEDAR its third quarter unaudited condensed interim financial statements and corresponding Management's Discussion and Analysis ("MD&A") for the three and nine month periods ended September 30, 2014. The financial statements and MD&A will be available on SEDAR at www.sedar.com and on Elkwater's website at [Read more]
Arcan Delivers Solid Production, Reduced Operating Expenses and Completes Bank Line Review
CALGARY, ALBERTA--(Marketwired - Nov. 27, 2014) - Arcan Resources Ltd. (TSX VENTURE:ARN) ("Arcan" or the "Corporation") commenced its winter drilling program in the third quarter, reduced operating expenses and continued efforts to improve its debt position. "We are on track with our operating performance delivering average daily production of 3,924 barrels of oil equivalent (BOE) in the third quarter, which exceeded our quarterly guidance of 3,650 to 3,850 BOE per day." said Terry McCoy, [Read more]
First Mountain Exploration Inc. Announces Filing of Third Quarter Financial Results and New Personnel
CALGARY, ALBERTA--(Marketwired - Nov. 27, 2014) - First Mountain Exploration Inc. ("First Mountain" or the "Company") (TSX VENTURE:FMX) announces financial results for its third quarter ended September 30, 2014. The unaudited condensed interim financial statements and management's discussion & analysis ("MD&A") have been filed on SEDAR and can be viewed at www.sedar.com. HIGHLIGHTS The following represent the highlights of First Mountain's operations for the quarter ended September [Read more]
Oil prices tank to 4-year low
LONDON (AP) — Oil companies saw their shares take a beating Thursday as crude prices slid to their lowest in over four years in the wake of OPEC's decision to maintain production levels even though prices have fallen sharply in recent weeks. With U.S. markets closed for Thanksgiving, investors around the world were taking their cue from developments in Vienna, Austria, where the OPEC oil cartel was meeting. The oil ministers opted to keep their production target at 30 million barrels a [Read more]
Pembina Pipeline Corporation Announces $105 Million New Gas Processing Plant at its Musreau Facility
CALGARY, Nov. 27, 2014 /CNW/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that it plans to construct a new facility and expand its gas processing capacity at Musreau by 100 million cubic feet per day ("MMcf/d") ("Musreau III") for an estimated cost of $105 million. "The areas surrounding Pembina's existing gas processing facilities at Musreau, part of our Cutbank Complex, continue to be a focus for our customers producing liquids-rich [Read more]
Canadian Spirit Resources Inc. Announces Third Quarter 2014 Financial Results
CALGARY, ALBERTA--(Marketwired - Nov. 27, 2014) - Canadian Spirit Resources Inc. ("CSRI" or the "Corporation") (TSX VENTURE:SPI)(OTCBB:CSPUF) announces the release of its interim financial results and Management Discussion and Analysis ("MD&A") for the three and nine month periods ended September 30, 2014. This news release summarizes information contained in the unaudited interim condensed financial statements and MD&A for the three and nine month periods ended September 30, 2014 and [Read more]
Kinder Morgan lawyer raises doubts about arrests at B.C. anti-pipeline protests
VANCOUVER - A judge threw out civil contempt charges Thursday against dozens of activists who have been arrested while demonstrating against a pipeline project on a mountain near Vancouver.The ruling came a week after the RCMP began rounding up protesters on Burnaby Mountain, where Kinder Morgan is conducting drilling work related to its proposed Trans Mountain pipeline expansion.More than 100 people were arrested, nearly all of whom faced civil contempt proceedings for violating a court [Read more]
International Frontier Resources Corporation: Third Quarter Results
CALGARY, ALBERTA--(Marketwired - Nov. 27, 2014) - International Frontier Resources Corporation (TSX VENTURE:IFR) ("IFR" or the "Company") today reported its financial results for the period ended September 30, 2014. The Company recorded a consolidated net loss of $40,175 ($0.001 per share) compared to a consolidated net loss of $29,025 ($0.001 per share) for the period ended September 30, 2013. In the third quarter oil revenue, net of royalties, was $262,305 compared to $241,035 in Q3, 2013. [Read more]
OPEC oil ministers decide to keep present output target of 30 million barrels a day
VIENNA (AP) — OPEC oil ministers decided Thursday to keep their production target at 30 million barrels a day, despite an oversupply of crude and plunging prices. The global price of crude oil fell after the announcement, trading down $2.85 at $74.90 a barrel. As recently as June it was around $115. The decision in Vienna was mostly expected — OPEC oil power Saudi Arabia had indicated before the meeting that it favors the status-quo. The Saudis are the top producers within the 12-nation [Read more]