CALGARY, Aug. 7, 2014 /CNW/ - (TSX:PMT) - Perpetual Energy Inc. ("Perpetual" or the "Corporation" or the "Company") is pleased to report its financial and operating results for the three and six months ended June 30, 2014. Perpetual's focused capital expenditure program combined with stronger commodity prices resulted in reported increases in production, revenue and funds flow compared to both the preceding first quarter of 2014 and the second quarter of 2013. In addition, several transactions [Read more]
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Freehold Royalties Ltd. Announces 2014 Second Quarter Results
CALGARY, ALBERTA--(Marketwired - Aug. 7, 2014) - Freehold Royalties Ltd. (Freehold) (TSX:FRU) announced second quarter results for the period ended June 30, 2014. RESULTS AT A GLANCE Three Months Ended Six Months Ended June 30 June 30 FINANCIAL ($000s, except as noted) 2014 2013 Change 2014 2013 Change Gross revenue 54,676 44,109 24 % 103,876 84,746 23 % Net [Read more]
Long Run Exploration Ltd. Announces 2014 Second Quarter Results
CALGARY, ALBERTA--(Marketwired - Aug. 7, 2014) - LONG RUN EXPLORATION LTD. (TSX:LRE) ("Long Run" or the "Company") is pleased to announce our second quarter financial and operational results. These results are on track to meet 2014 guidance in our first year operating under the dividend plus growth model. The Company remains focused on a long-term sustainable business plan. SECOND QUARTER 2014 HIGHLIGHTS Generated funds flow from operations of $73.4 million ($0.54 per share), an 8% per [Read more]
Toscana Energy Announces Second Quarter 2014 Results
CALGARY, Aug. 7, 2014 /CNW/ - Toscana Energy Income Corporation ("TEI" or the "Corporation") (TSX: TEI) announces financial and operating results for the second quarter ended June 30, 2014. Financial and operating results: This news release summarizes information contained in the Condensed Consolidated Interim Financial Statements (unaudited) and Management's Discussion and Analysis ("MD&A") for the three and six month period ended June 30, 2014. This news release should not be [Read more]
Dejour Reports $730,000 Net Income for Q2 2014
33% Increase in Daily Production, 56% Reduction in Secured Debt 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 six month periods ended June 30, 2014. The Company generated net income of $730,000 for the three months ended June [Read more]
Crew Energy Announces Second Quarter 2014 Financial and Operating Results
CALGARY, ALBERTA--(Marketwired - Aug. 7, 2014) - Crew Energy Inc. ("Crew" or the "Company") (TSX:CR) of Calgary, Alberta is pleased to present its operating and financial results for the three and six month period ended June 30, 2014. Q2 Highlights: Successfully closed the previously announced disposition of certain producing petroleum and natural gas assets in Alberta (the "Alberta Gas Disposition") reducing debt by $95.8 million from year end 2013 and enabling Crew to sharpen its focus [Read more]
Pine Cliff Completes Acquisition of Carrot Creek/Edson Area Oil and Natural Gas Assets
CALGARY, ALBERTA--(Marketwired - Aug. 7, 2014) - Pine Cliff Energy Ltd. ("Pine Cliff") (TSX VENTURE:PNE) is pleased to announce that the previously announced acquisition of oil and natural gas assets in one of its core areas of Carrot Creek/Edson in the Province of Alberta for cash consideration of $33.25 million, prior to adjustments, has closed. Pine Cliff now has a combined asset base production profile of over 7,000 barrels of oil equivalent ("Boe") per day, weighted approximately 92% [Read more]
Pengrowth Continues to Deliver Positive Cardium and Lindbergh Results. Lindbergh Construction is Close to Completion
CALGARY, ALBERTA--(Marketwired - Aug. 7, 2014) - Pengrowth Energy Corporation (TSX:PGF) (NYSE:PGH) releases its financial and operating results for the three and six month periods ended June 30, 2014. "The second quarter marks another milestone in Pengrowth's transition to sustainable growth with excellent progress on our Lindbergh and Cardium projects. We continue to consistently deliver on what we said we would do," said Derek Evans, President and Chief Executive Officer of Pengrowth. [Read more]
Arsenal Energy Inc. Announces 2014 Second Quarter Results and Increase in Quarterly Dividend
CALGARY, ALBERTA--(Marketwired - Aug. 7, 2014) - Arsenal Energy Inc. ("Arsenal") (TSX:AEI)(PINKSHEETS:AEYIF) is pleased to release its 2014 Q2 financial and operational results. Cash flow for the second quarter was $11.6 million or $.72/share, a 14% increase from 2013 Q2. The Board of Directors has declared a 7.7% increase in the quarterly dividend to $.07 per common share. This increase is the second increase in the dividend so far in 2014 and is consistent with Arsenal's dividend policy of [Read more]
Deep Panuke back pumping natural gas after fire temporarily closes offshore well
HALIFAX - The Deep Panuke natural gas wells off Nova Scotia have resumed production after an electrical fire shut down operations on Sunday evening.A spokesman for Encana (TSX:ECA) says the wells, located about 250 kilometres east of Halifax, started pumping natural gas early today.Jay Averill says in an email the wells are back to pre-shutdown levels of 210 million cubic feet of natural gas per day.An inquiry into the cause of the fire will be prepared by Encana and operator SBM Offshore and [Read more]