CALGARY, ALBERTA--(Marketwired - Feb. 3, 2014) - Alexander Energy Ltd. ("Alexander" or the "Corporation") (TSX VENTURE:ALX) is pleased to announce that it has successfully completed the acquisition of certain assets located in southeast Saskatchewan (the "Assets") previously announced on December 18, 2013. The Assets were acquired from an arm's length public oil and gas company for total consideration of $32.5 million with an effective date of December 1, 2013. Following the completion of the [Read more]
News
Suncor Energy reports 2013 fourth quarter results
CALGARY, ALBERTA--(Marketwired - Feb. 3, 2014) - Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and have been prepared in accordance with International Financial Reporting Standards (IFRS), specifically International Accounting Standard (IAS) 34 Interim Financial Reporting as issued by the International Accounting Standards Board. Effective January 1, 2013, Suncor adopted new and amended accounting standards, described in the Other Items [Read more]
Suncor Energy increases dividend
CALGARY, ALBERTA--(Marketwired - Feb. 3, 2014) - Suncor Energy's Board of Directors has approved an increase in the company's quarterly dividend to $0.23 per share on its common shares, from the previous level of $0.20 per share. The dividend is payable March 25, 2014 to shareholders of record at the close of business on March 4, 2014. Suncor Energy is Canada's leading integrated energy company. Suncor's operations include oil sands development and upgrading, conventional and offshore oil [Read more]
Enerplus Exceeds Production Guidance for 2013 and Delivers Record Reserve Replacement
This news release includes forward-looking statements and information within the meaning of applicable securities laws. Readers are advised to review "Forward-Looking Information and Statements" at the conclusion of this news release. Readers are also referred to "Information Regarding Reserves and Operational Information", "Notice to U.S. Readers" and "Non-GAAP Measures" at the end of this news release for information regarding the presentation of the financial, reserves and operational [Read more]
Suncor Energy appoints new members to Board of Directors
CALGARY, ALBERTA--(Marketwired - Feb. 3, 2014) - John Ferguson, Chairman of Suncor Energy is pleased to announce the appointment of John D. Gass and Michael M. Wilson to the company's Board of Directors. John Gass is former vice president, Chevron Corporation and former president, Chevron Gas and Midstream - positions he held from 2003 until his retirement in 2012. He has extensive international experience, having served in a diverse series of operations positions in the oil and gas industry [Read more]
Donnybrook Reports Fiscal Year-End Reserves at December 31, 2013
CALGARY, ALBERTA--(Marketwired - Feb. 3, 2014) - Donnybrook Energy Inc. ("Donnybrook" or the "Company") (TSX VENTURE:DEI) reports the results of its December 31, 2013 Reserves Assessment and Evaluation of certain of its Alberta oil and gas properties, as evaluated by GLJ Petroleum Consultants ("GLJ") in accordance with National Instrument 51-101 - Standards of Disclosure for Oil and Gas Activities ("NI 51-101"). A summary of the Company's reserves volumes according to reserve category as at [Read more]
Relentless Resources Announces New Officers, Board Appointment and Private Placement
CALGARY, ALBERTA--(Marketwired - Feb. 3, 2014) - Relentless Resources Ltd. (TSX VENTURE:RRL) ("Relentless" or "the Company") is pleased to announce the appointment of Mr. Ronald J. Peshke as President, and as a member of the Company's board of directors (the "Board"), effective immediately. Mr. Daniel T. Wilson, the outgoing President, will remain heavily involved with the Company as Chief Executive Officer and Chairman of the Board. The Board would like to thank Mr. Wilson for his service as [Read more]
Oil down on weaker US, China data
NEW YORK - The price of crude oil dropped Monday in the wake of reports showing weaker manufacturing activity in the United States and China. Benchmark West Texas Intermediate crude for March delivery dropped $1.06 to close at US$96.43 a barrel on the New York Mercantile Exchange. Brent crude, used to set prices for international varieties, fell 36 cents to US$106.04 on the ICE exchange in London. A Chinese manufacturing index reported Saturday by a government-affiliated agency fell 50.5 [Read more]
White House: don’t ask for Keystone timeline
WASHINGTON - The Obama administration is resisting pressure to offer a clear timeline for a decision on the Keystone XL pipeline. Attacks from partisan opponents and questions from U.S. media are being met with the same response: don't expect a date now for a decision on whether the pipeline goes ahead. There were about a dozen questions on the subject at the daily White House press briefing Monday. On the Senate floor, the top Republican in the chamber demanded approval of the project [Read more]
Renegade Petroleum Ltd. Announces Closing of $32.5 Million Non-Core Asset Disposition
CALGARY, ALBERTA--(Marketwired - Feb. 3, 2014) - Renegade Petroleum Ltd. ("Renegade" or the "Company") (TSX VENTURE:RPL) is pleased to announce the successful closing of the previously announced disposition of certain non-core oil and gas assets in southeast Saskatchewan (the "Disposition Assets") for gross proceeds of $32.5 million (the "Disposition"). The Disposition Assets represent approximately 350 barrels of oil and natural gas liquids production per day. The Company allocated minimal [Read more]