CALGARY, ALBERTA--(Marketwired - Nov. 20, 2013) - NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS. Questfire Energy Corp. (the "Corporation" or "Questfire") (TSX VENTURE:Q.A)(TSX VENTURE:Q.B) is pleased to announce that it has filed on SEDAR its unaudited financial statements and related management's discussion and analysis ("MD&A") for the three and nine months ended September 30, 2013. Financial and Operating Highlights [Read more]
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Arcan Third Quarter Results on Target; Production Stable and Reserves Independently Verified
CALGARY, ALBERTA--(Marketwired - Nov. 20, 2013) - Arcan Resources Ltd. (TSX VENTURE:ARN) ("Arcan" or the "Corporation") reports that production and reserves remained stable. The third quarter financial metrics illustrate Arcan's progress towards bringing capital spending within cash flow while delivering consistent results. Arcan expects to achieve its 2013 production target of 3,800 to 4,000 barrels of oil equivalent ("BOE") per day and capital spending of $40.8 million, which is in line with [Read more]
CIOC Announces Continued Success of the Company’s Gold Creek Montney Development
CALGARY, ALBERTA--(Marketwired - Nov. 20, 2013) - Canadian International Oil Corp. ("CIOC" or the "Company") is pleased to provide an update on the Company's recent horizontal Montney well results in the Gold Creek area of West Central Alberta. After eight months on production, the Company's first Gold Creek well (12-36-67-4) has produced 270 Mboe, consisting of 113 Mbbls of oil and 945 MMcf of natural gas through the end of October. Encouraged by robust economics, the Company has followed [Read more]
Northern Spirit Resources Inc. Provides Operational Update
CALGARY, ALBERTA--(Marketwired - Nov. 20, 2013) - Northern Spirit Resources Inc. ("Northern Spirit" or the "Company") (TSX VENTURE:NS) is pleased to provide the following operational update. Northern Spirit has 8 net sections (2,048 hectares) of land in the Klein area in East Central Alberta. The Company has executed a successful 2013 drilling program at Klein North and South, having successfully drilled four (2.66 net) wells targeting medium gravity Sparky oil. At Klein North, one net [Read more]
Yangarra Announces Third Quarter 2013 Financial and Operating Results and Provides 2014 Guidance
CALGARY, Nov. 20, 2013 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSXV:YGR) announces its financial and operating results for the three and nine months ended September 30, 2013 and provide 2014 guidance. Q3 2013 highlights are as follows: Production averaged 2,238 boe/d (46% oil and NGL's). Operating costs including $1.47/boe of transportation costs were $6.92/boe which represents a 3% decrease from Q2 of 2013. Oil and gas sales including royalty income and realized commodity [Read more]
Sunshine Announces Extension of the Memorandum of Understanding for Strategic Cooperation
CALGARY, Canada, Nov. 20, 2013 /CNW/ - Sunshine Oilsands Ltd. ("Sunshine" or the "Corporation") (HKEX: 2012, TSX: SUO) is pleased to announce the extension of the non-binding Memorandum of Understanding for Strategic Cooperation ("MOU") entered into between Sunshine and Sinopec International Petroleum Exploration and Production Corporation, a wholly owned subsidiary of China Petroleum and Chemical Corporation (Sinopec), one of the major state owned petroleum and petrochemical groups in China, on [Read more]
Wrangler West Reports 2013 Nine Months Operating and Financial Results
CALGARY, Nov. 19, 2013 /CNW/ - Wrangler West Energy Corp. ("Wrangler West" or the "Company") (TSX-V "WX") announces filing on SEDAR of the Company's unaudited Financial Statements and related Management's Discussion and Analysis ("MD&A") and the 2013 Third Interim Report to Shareholders for the three and nine months ended September 30, 2013 with comparative data for the three and nine months ended September 30, 2012. All documents may be viewed at www.sedar.com. 2013 Nine Months [Read more]
Longview Announces Modest Increase in the 2013 Capital Expenditure Program and Revised 2013 Guidance
(TSX: LNV) CALGARY, Nov. 19, 2013 /CNW/ - Longview Oil Corp. ("Longview" or the "Company") announces a modest increase in the 2013 capital expenditure program from $36 million to $39 million and revised guidance for the year ending December 31, 2013. The increase in capital expenditures will be directed towards the drilling of three additional wells in SE Saskatchewan targeting the Mississippian Midale formation which will help accelerate our 2014 drilling program. Revised Guidance The following [Read more]
Traverse Energy Ltd. Announces Private Placement Financing
CALGARY, ALBERTA--(Marketwired - Nov. 19, 2013) - Traverse Energy Ltd. (the "Corporation") (TSX VENTURE:TVL) intends to complete a non-brokered private placement (the "Private Placement") of up to 2,400,000 common shares of the Corporation ("Shares") to be issued on a "flow through" basis eligible for the renunciation of Canadian development expenses within the meaning of the Income Tax Act (Canada) at $0.84 per Share for total gross proceeds of $2,016,000. Completion of the Private Placement [Read more]
LNG fuel plants planned in Edmonton, Vancouver
CALGARY - Two companies are teaming up to build liquefied natural gas plants in Edmonton and Vancouver to serve the transportation industry.In announcing their joint venture Tuesday, Ferus Natural Gas Fuels and ENN Canada Corporation said the plants will provide a cheaper and cleaner-burning fuel to the trucking business.The fuel can also be used in the marine, rail, mining and oil and gas exploration industries."The benefits of fuelling with natural gas are significant," said ENN Canada CEO [Read more]