CALGARY, March 19, 2015 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX:YGR) releases its 2014 financials. 2014 Financial and Operating Highlights Average daily production was 2,870 boe/d, a 30% increase from 2013. Oil and gas sales, after royalties, were $51.4 million with funds flow from operations of $38.3 million ($0.70 per share - basic). This represents a 48% increase and a 49% increase, respectively, from 2013. Net Income of $24.4 million ($0.45 per share - [Read more]
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Exall Energy Corporation Announces Results for the Three Months and Year Ended December 31, 2014
CALGARY, ALBERTA--(Marketwired - March 19, 2015) - Exall Energy Corporation ("Exall" or the "Company") (TSX:EE)(TSX:EE.DB) is pleased to announce its financial and operating results for the three months and fiscal year ended December 31, 2014, and that it has filed its Annual Information Form which contains reserves data and other oil and gas information required by Section 2.1 of NI 51-101. Exall's annual filings can all be found at www.exall.com or www.sedar.com. HIGHLIGHTS 3 months [Read more]
Delphi Energy Reports 2014 Year End Results
CALGARY, ALBERTA--(Marketwired - March 18, 2015) - Delphi Energy Corp. ("Delphi" or the "Company") (TSX:DEE) is pleased to announce its financial and operational results for the year ended December 31, 2014. 2014 Highlights Produced an average of 10,549 barrels of oil equivalent per day ("boe/d") in 2014, up 28 percent from the average of 8,241 boe/d in 2013. Average production in the fourth quarter of 2014 increased 34 percent to 12,035 boe/d compared to the fourth quarter of [Read more]
Artek Announces Year End 2014 Financial and Operating Results
CALGARY, ALBERTA--(Marketwired - March 18, 2015) - Artek Exploration Ltd. ("Artek" or the "Company") (TSX:RTK) is pleased to provide this summary of its financial and operating results for the three months and year ended December 31, 2014. A complete copy of the Company's audited comparative financial statements for the years ended December 31, 2014 and 2013, along with management's discussion and analysis in respect thereof will be filed on SEDAR at www.sedar.com and on the Company's website at [Read more]
Toro Oil & Gas Ltd. Executes on Alberta Viking Consolidation
CALGARY, ALBERTA--(Marketwired - March 18, 2015) - Toro Oil & Gas Ltd. (TSX VENTURE:TOO) ("Toro" or the "Company") is pleased to announce the Company entered into and closed a series of unrelated arm's length transactions to acquire light oil assets in the Alberta Viking fairway ("Viking Assets"). The Viking Assets include approximately 50 boe/d and 29 net sections of land contiguous to Toro's existing Alberta Viking land base. On a combined basis, total consideration for the Viking Assets [Read more]
RMP Energy Reports Fourth Quarter and Fiscal 2014 Results and Year-End Reserves and Provides Updated Market Guidance
CALGARY, ALBERTA--(Marketwired - March 18, 2015) - RMP Energy Inc. ("RMP" or the "Company") (TSX:RMP) is pleased to report for the year ended December 31, 2014 record financial and operating results including funds from operations of $164.1 million ($1.36 per basic share) on revenue of $265.9 million and average daily production of 11,782 barrels of oil equivalent. Detailed fourth quarter and annual results are as follows: Financial Results Three Months Ended Twelve Months [Read more]
Beaumont Energy Inc. Enters Into Arrangement Agreement
CALGARY, ALBERTA--(Marketwired - March 18, 2015) - Beaumont Energy Inc. ("Beaumont" or the "Corporation") is pleased to announce that it has entered into an arrangement agreement (the "Arrangement Agreement") with Whitecap Resources Inc. ("Whitecap") (TSX:WCP), pursuant to which Whitecap will, subject to certain conditions, acquire all of the issued and outstanding common shares of Beaumont for total consideration of approximately $587.5 million including the assumption by Whitecap of Beaumont's [Read more]
Birchcliff Energy Ltd. Provides Operational Update and Announces Audited 2014 Financial Statements
CALGARY, ALBERTA--(Marketwired - March 18, 2015) - Birchcliff Energy Ltd. ("Birchcliff" or the "Corporation") (TSX:BIR) is pleased to provide an operational update and announce its 2014 audited financial statements. The 2014 audited financial statements are consistent with the unaudited financial results contained in the press release issued by Birchcliff on February 11, 2015. The full text of the 2014 audited financial statements and the related management's discussion and analysis, as well as [Read more]
Whitecap Resources Inc. Increases Viking Light Oil Exposure, Announces $110 Million Financing and Provides Increased 2015 Guidance
CALGARY, ALBERTA--(Marketwired - March 18, 2015) - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX:WCP) is pleased to announce that it has entered into an arrangement agreement (the "Arrangement Agreement") providing for the acquisition by Whitecap of all the issued and outstanding common shares of Beaumont Energy Inc. ("Beaumont"). Under the terms of the Arrangement Agreement, Beaumont shareholders will receive 0.40 of a Whitecap common share for each Beaumont share, with an option [Read more]
Inter Pipeline Announces $300 Million Medium-Term Note Offering
CALGARY, ALBERTA--(Marketwired - March 18, 2015) - Inter Pipeline Ltd. ("Inter Pipeline") (TSX:IPL) announced today that it has agreed to issue $300 million of senior unsecured medium-term notes in the Canadian public debt market. The notes will have a fixed interest rate of 3.173% per annum, payable semi-annually, and will mature on March 24, 2025. The offering is expected to close on or about March 23, 2015, subject to customary closing conditions. Inter Pipeline will use the net proceeds [Read more]