CALGARY, ALBERTA--(Marketwired - May 15, 2014) - Spartan Energy Corp. ("Spartan" or the "Company") (TSX VENTURE:SPE) is pleased to report its financial and operating results for the three months ended March 31, 2014. Selected financial and operational information is outlined below and should be read in conjunction with Spartan's interim financial statements and the related management discussion and analysis which are available for review at www.sedar.com. FINANCIAL AND OPERATING SUMMARY [Read more]
News
Oil falls below $102 after U.S. crude production hits 28-year high
The price of oil declined Thursday after official figures showed U.S. crude production at a 28-year high. Benchmark U.S. crude for June delivery was down 42 cents to $101.95 a barrel at 3:40 a.m. ET on the New York Mercantile Exchange. The contract rose 67 cents Wednesday to close at $102.37. The U.S. Energy Information Administration said Wednesday that domestic crude production reached 8.428 million barrels during the week ended May 9. That was the highest level since October [Read more]
Questerre Energy Corporation: Montney Drilling to Accelerate in Second Half of 2014
CALGARY, ALBERTA--(Marketwired - May 15, 2014) - Questerre Energy Corporation ("Questerre" or the "Company") (TSX:QEC) (OSLO:QEC) reported today on its financial and operating results for the quarter ended March 31, 2014. Michael Binnion, President and Chief Executive Officer, commented, "In the quarter we began executing the Montney development plan to achieve our production target of 6,000 boe/d by the second half of 2015. Our first 100% well was spud in the quarter. It will be completed [Read more]
Waldron Energy Corporation Announces First Quarter 2014 Results and Operations Update
CALGARY, ALBERTA--(Marketwired - May 14, 2014) - Waldron Energy Corporation ("Waldron" or the "Corporation") (TSX:WDN) is pleased to announce its financial and operational results for the three months ended March 31, 2014. These reports are available for review at www.sedar.com and on the Corporation's website at www.waldronenergy.ca. Q1 2014 Highlights Funds from operations of $2.2 million ($0.04 per share or $0.16 per share annualized); Realized natural gas pricing of $6.04 per mcf, [Read more]
Delphi Energy Reports Record Quarterly Results
CALGARY, ALBERTA--(Marketwired - May 14, 2014) - Delphi Energy Corp. (TSX:DEE) ("Delphi" or the "Company") is pleased to announce record financial and operational results for the quarter ended March 31, 2014. First Quarter 2014 Highlights Increased production to a record average 10,302 barrels of oil equivalent per day ("boe/d") in the first quarter of 2014, an increase of 37 percent over the comparative quarter in 2013 and an increase of 15 percent over the fourth quarter of [Read more]
Terra Energy Releases First Quarter 2014 Results
CALGARY, ALBERTA--(Marketwired - May 14, 2014) - Terra Energy Corp. ("Terra" or the "Company") (TSX:TT) announces its financial and operating results for the three month period ended March 31, 2014. Copies of Terra's first quarter results may be obtained at www.sedar.com or www.terraenergy.ca. First Quarter 2014 Results Production averaged 3,539 boe/d and consisted of 83% natural gas with 17% oil and liquids. The Company generated revenues of $13.2 million compared to revenues of $11.5 [Read more]
Connacher Announces Q1 2014 Results
CALGARY, May 14, 2014 /CNW/ - Connacher Oil and Gas Limited (CLL - TSX; "Connacher" or the "Company") announces its financial and operating results for the quarter-ended March 31, 2014 ("Q1 2014") as outlined below (all amounts are in Canadian dollars unless otherwise noted). Q1 2014 Highlights: Connacher's production for Q1 2014 increased by 8% to 13,433 bbl/d (Q1 2013 - 12,406 bbl/d). Production increases were attributable to the Company's four new well pairs at Pad 104 and four infill [Read more]
Pipeline firms to pay all costs, damages in new spill safety rules
VANCOUVER - Pipeline companies will be liable for all costs and damages from a spill, regardless of fault or negligence, under changes to the federal pipeline regime.Natural Resources Minister Greg Rickford says pipeline operators will also have to have a minimum amount of cash available to pay cleanup costs and the National Energy board will be given the power to order reimbursement for those affected by a spill.They are the latest in a number of changes to marine and pipeline safety as British [Read more]
Artek Exploration Ltd. Announces First Quarter 2014 Financial Results
CALGARY, ALBERTA--(Marketwired - May 14, 2014) - Artek Exploration Ltd. (TSX:RTK) of Calgary, Alberta ("Artek" or the "Company") is pleased to provide this summary of its financial and operating results for the quarter ended March 31, 2014. A complete copy of the Company's comparative financial statements for the quarter ended March 31, 2014, along with management's discussion and analysis in respect thereof will be filed on SEDAR and on the Company's website at [Read more]
Pine Cliff Energy Ltd. Announces First Quarter 2014 Results
CALGARY, ALBERTA--(Marketwired - May 14, 2014) - Pine Cliff Energy Ltd. ("Pine Cliff" or the "Company") (TSX VENTURE:PNE) is pleased to announce its first quarter financial and operating results. Selected highlights are shown below and should be read in conjunction with the Company's interim condensed consolidated financial statements and the related management's discussion and analysis for the three months ended March 31, 2014 (the "Q1-2014 Report"). The year 2014 is off to an excellent start [Read more]