CALGARY, AB/ Troy Media/ – In the wake of the Lac-Mégantic oil-by-rail disaster, when a train carrying crude oil from North Dakota’s Bakken field exploded in Quebec, some people began to characterize Bakken crude oil as “uniquely flammable,” implicating that new rail car standards might be required to move the material. Indeed, the supposed uniquely-flammable characteristics of Bakken crude was ultimately cited as a central reason for the recent Department of Transportation proposal to [Read more]
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Journey Energy Inc. reports its second quarter financial and operating results
CALGARY, Aug. 12, 2014 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") is pleased to announce its second quarter 2014 results. Journey achieved record production during the quarter, a direct result of our major acquisition from a senior producer, which closed in March. The highlights of our second quarter results are shown below. Copies of the complete financial statements and management's discussion and analysis in respect thereof for the three months and six months ended [Read more]
Kelt Reports Financial and Operating Results for the Three and Six Months Ended June 30, 2014
CALGARY, ALBERTA--(Marketwired - Aug. 12, 2014) - Kelt Exploration Ltd. ("Kelt" or the "Company") (TSX:KEL) has released its financial and operating results for the three and six months ended June 30, 2014. The Company's financial results are summarized as follows: Financial Highlights Three months ended June 30 Six months ended June 30 (CA$ thousands, except as otherwise indicated) 2014 2013 % 2014 2013 % Revenue, before royalties and financial [Read more]
Dejour Secures US$1.5 Million for Woodrush Development
Multi-Well Program Expected to Add Production in 2014 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 that it has entered into subscription agreements for an equity financing that will result in gross proceeds of US$1.5 million with three institutional investors to [Read more]
Manitok Energy Inc. Announces Changes to Its Board and Board Committees
CALGARY, ALBERTA--(Marketwired - Aug. 12, 2014) - As a result of the votes cast at the June 2014 annual and special meeting of shareholders (the "Shareholders Meeting") of Manitok Energy Inc. (the "Corporation" or "Manitok") (TSX VENTURE:MEI) and a subsequent Manitok board of directors (the "Board") resolution to add another member to the Board, Manitok has altered the composition of its Board and Board committees in order to maintain its high standard of corporate governance as the Corporation [Read more]
Legacy Oil + Gas Inc. Announces Second Quarter 2014 Results
CALGARY, Aug. 11, 2014 /CNW/ - Legacy Oil + Gas Inc. ("Legacy" or the "Company") (TSX:LEG) is pleased to announce it has filed on SEDAR its interim financial statements and related Management's Discussion and Analysis ("MD&A") for the three and six months ended June 30, 2014. Selected financial and operational information is outlined below and should be read in conjunction with Legacy's interim financial statements and the related MD&A which are available for review at [Read more]
LGX Oil + Gas Inc. Announces Second Quarter 2014 Results
CALGARY, Aug. 11, 2014 /CNW/ - LGX Oil + Gas Inc. ("LGX" or the "Company") (TSXV:OIL) is pleased to announce it has filed on SEDAR its unaudited financial statements and related Management's Discussion and Analysis ("MD&A") for the three and six months ended June 30, 2014. Selected financial and operational information is outlined below and should be read in conjunction with LGX's unaudited financial statements and the related MD&A which are available for review at www.lgxoil.com or [Read more]
Newfoundland and Labrador announces independent review into fracking
ST. JOHN'S, N.L. - Newfoundland and Labrador is launching an external review into hydraulic fracturing after the results of an internal government analysis came back inconclusive.Natural Resources Minister Derrick Dalley says the information gathered through the internal review isn't enough to make a final decision about fracking in the province.Dalley says an independent panel of experts will now be tasked with examining the issue, specifically the industry's potential impact in western [Read more]
Ivanhoe Energy Reports Second Quarter 2014 Financial Results
Note: All figures are quoted in U.S. dollars unless otherwise noted. CALGARY, Aug. 11, 2014 /CNW/ - Ivanhoe Energy Inc. (TSX: IE; NASDAQ: IVAN) today reported its financial results for the second quarter of 2014. Second Quarter Financial Summary Ivanhoe Energy filed its quarterly financial report on Form 10-Q with the U.S. Securities and Exchange Commission and its interim financial statements with the Canadian Securities Administrators for the quarter ended June 30, [Read more]
Protesters halt work at Enbridge pipeline site in north Toronto
INNERKIP, Ont. - Ontario Provincial Police have charged a group of protesters after they interrupted work at an Enbridge pipeline site in Innerkip, Ont., last week.Four women and one man, who range in age from 24 to 30, were charged with offences that include obstructing a peace officer, mischief and disobeying order of the court.The demonstration on Aug. 5 was aimed at preventing the installation of a valve north of Woodstock.The blockade called "Dam Line 9!" was one of a series of recent [Read more]