OTTAWA - Tom Mulcair's enthusiasm for a west-to-east oil pipeline has not dimmed, despite mounting opposition among environmentalists and provincial politicians in the NDP's home base of Quebec.A west-east pipeline still makes the most sense of any proposal for pumping Alberta's oilsands crude to tidewater, the NDP leader says.But it has to be done right, Mulcair warns — with a rigorous, transparent environmental review process and legislation to force oil companies to pay for the pollution they [Read more]
News
Cequence Energy Announces Third Quarter Results and Operational Update
CALGARY, Nov. 13, 2014 /CNW/ - Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) is pleased to announce the financial and operating results for the three and nine months ended September 30, 2014 and to provide an update on its operational activities. The Company's financial statements and management's discussion and analysis are available at cequence-energy.com and at sedar.com. During the quarter, Cequence divested one of its core producing assets at Ansell for $141 million [Read more]
Solid Q3 2014 Results Reinforces Advantage’s Enviable Growth Position
Funds From Operations Up 123%, Production Up 18%, Total Cash Costs Down 26% (TSX: AAV, NYSE: AAV) CALGARY, Nov. 13, 2014 /CNW/ - Advantage's third quarter 2014 financial and operating results represents another solid quarter of performance highlighting our industry leading low cost structure, financial flexibility and operational successes. These results demonstrate the Corporation's capacity to grow its Glacier Montney resource play and preserve a strong balance sheet through cycles of high [Read more]
Twin Butte Energy announces sustainable 2015 dividend model and 2014 third quarter financial and operating results
CALGARY, Nov. 13, 2014 /CNW/ - (TSX: TBE) – Twin Butte Energy Ltd. ("Twin Butte" or the "Company") is pleased to provide it's 2015 capital plan and report its financial and operational results for the three months ended September 30, 2014. Highlights are as follows: Reinforced the financial sustainability of the Company's dividend with the total payout ratio for the year to date being 96%. The Company's guidance for 2015 demonstrates dividend sustainability at forecast $US80 WTI. Twin [Read more]
Prentice cautiously optimistic as Keystone pipeline faces key U.S. House vote
EDMONTON - Alberta Premier Jim Prentice says he is encouraged there appears to be increasing bipartisan support in the United States for the Keystone XL pipeline.Prentice says he remains cautiously optimistic about the pipeline's future as the House of Representatives prepares to vote on the project Friday.If approved, a bill on TransCanada Corp.'s (TSX:TRP) Keystone proposal would move to the Senate and then to U.S. President Barack Obama.The US$8-billion line would take bitumen from Alberta [Read more]
Traverse Energy Announces 2014 Third Quarter Results
CALGARY, ALBERTA--(Marketwired - Nov. 13, 2014) - Traverse Energy Ltd. ("Traverse" or "the Company") (TSX VENTURE:TVL) presents financial and operating results for the nine months ended September 30, 2014. Three months ended Sept. 30, Nine months ended Sept. 30, 2014 2013 2014 2013 Financial ($ thousands, except per share amounts) Petroleum and natural gas revenue 5,336 4,819 14,209 10,618 Cash flow from operating [Read more]
Dejour Reports Increased Nine Month 2014 Production and Revenue with Positive Cash Flow
Kokopelli Drilling Campaign Continues as Planned VANCOUVER, British Columbia--(BUSINESS WIRE)--Dejour Energy Inc. (NYSE MKT: DEJ / TSX: DEJ) (“Dejour” or the “Company”), an independent oil and gas exploration and production company operating in North America’s Piceance Basin and Peace River Arch regions, today announced its financial results for the three and nine month periods ended September 30, 2014. Other Key Financial and Operating Highlights are: Increased production by 7% [Read more]
Freehold Royalties Ltd. Announces 2014 Third Quarter Results
CALGARY, ALBERTA--(Marketwired - Nov. 13, 2014) - Freehold Royalties Ltd. (Freehold) (TSX:FRU) announced third quarter results for the period ended September 30, 2014. RESULTS AT A GLANCE Three Months Ended Nine Months Ended FINANCIAL ($000s, except as noted) September 30 September 30 2014 2013 Change 2014 2013 Change Gross revenue 52,343 51,545 2 % 156,219 136,291 15 % Net [Read more]
Storm Resources Ltd. Financial and Operating Results for the Three and Nine Months Ended September 30, 2014
CALGARY, ALBERTA--(Marketwired - Nov. 13, 2014) - Storm Resources Ltd. (TSX VENTURE:SRX) Storm has also filed its unaudited condensed interim consolidated financial statements as at September 30, 2014 and for the three and nine 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 and [Read more]
Blackbird Energy Announces Private Placement of $5 Million of Flow-Through Shares
CALGARY, ALBERTA--(Marketwired - Nov. 13, 2014) - Blackbird Energy Inc. ("Blackbird" or the "Company") (TSX VENTURE:BBI) is pleased to announce a non-brokered private placement of 11,111,200 common shares in the capital of the Company to be issued on a "flow-through" basis ("Flow-Through Common Shares") pursuant to the Income Tax Act (Canada) in respect of Canadian exploration expenses ("CEE") at a price of $0.45 per share for gross proceeds of $5,000,040 (the "Private Placement"). The [Read more]