CALGARY, Jan. 21, 2014 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to announce the results of its 2013 year-end oil and gas reserves evaluation, a 51% increase over year-end 2012 reserves. The increases reflect exceptional organic growth through the drill-bit and the completion of several accretive oil acquisitions in 2013. Whitecap is also pleased to provide our shareholders with an operational update. The following highlights and reserves information do [Read more]
News
Marquee Energy Ltd. announces grant of options and provides drilling update
CALGARY, Jan. 21, 2014 /CNW/ - Marquee Energy Ltd. ("Marquee" or the "Company") (TSXV: "MQL") announced today that options to acquire an aggregate of 2,380,000 common shares have been granted to certain directors, officers and employees of the Company at a price $0.80 per common share. The option grants are subject to the approval of, and the Company fulfilling the requirements of, the TSX Venture exchange. Marquee drilled a total of 8 wells at Michichi in 2013, 7 in the second half of the [Read more]
Altima Announces Drilling and Pipeline Construction at Chambers, Alberta With Whistler Oil and Gas Pty. Ltd.
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 21, 2014) - Altima Resources Ltd. (TSX VENTURE:ARH)(PINKSHEETS:ARSLF)(FRANKFURT:AKC) announces that together with its joint venture partner Whistler Oil and Gas Pty. Ltd. ("Whistler") (see Dec.13/13 press release), Altima and Whistler have licensed two new vertical wells in the Chambers-Ferrier area project, Alberta, Canada. The 5-35-41-11 W5M well and 9-35-41-11 W5M well (the "Wells") are offsets to the 15-35-41-11 W5M well that Altima drilled [Read more]
Border Announces Exploration Results and CEE Expenditure Status
CALGARY, ALBERTA--(Marketwired - Jan. 20, 2014) - Border Petroleum Corp. ("Border" or the "Corporation") (TSX VENTURE:BOR) is pleased to announce results of the drilling and completion operations that utilized its remaining CEE obligations. Border participated in the drilling of one well (100% WI) and two well completions (100% and 30% WI) which are described in more detail below. Wilrich Zone Completion at Tomahawk, Central Alberta Border incurred 100% of the cost to complete the Wilrich [Read more]
Rock Energy Inc. Announces Operations Update for Q4 2013
CALGARY, ALBERTA--(Marketwired - Jan. 20, 2014) - Rock Energy Inc. (TSX:RE) ("Rock" or the "Company") is pleased to report its operating results for the three months ended December 31, 2013. Rock is a Calgary-based crude oil exploration, development and production company. Production and Operations During Q4 2013, Rock's daily sales averaged approximately 4,000 boepd (92% oil & liquids) and the Company estimates production for the year ended 2013 to have averaged approximately 3,500 boepd [Read more]
Novus Energy Inc. announces completion of acquisition by Yanchang Petroleum International Limited
CALGARY, Jan. 20, 2014 /CNW/ - Novus Energy Inc. ("Novus" or the "Company") (TSXV: NVS) is pleased to announce that the previously announced acquisition of the Company by Yanchang Petroleum International Limited ("Yanchang Petroleum International") through its indirect wholly-owned subsidiary, Yanchang International (Canada) Limited, pursuant to a plan of arrangement under the Business Corporations Act (Alberta) (the "Arrangement") has been completed. Pursuant to the Arrangement, Novus [Read more]
Raging River Exploration Inc. Announces 148% Increase in 2013 Year End Reserves and Operations Update
CALGARY, ALBERTA--(Marketwired - Jan. 20, 2014) - Raging River Exploration Inc. ("Raging River" or the "Company") (TSX:RRX) is pleased to report that estimated daily production reached a record of 9,000 boe/d (96% oil) during the second half of December 2013. Further, based on field estimates the Company's fourth quarter 2013 average production increased 37% from the third quarter average to 7,700 boe/d (96% oil) which is 5% ahead of our previous fourth quarter guidance of 7,300-7,400 [Read more]
Yangarra Provides Operations Update
CALGARY, Jan. 20, 2014 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSXV: YGR) provides 2013 operations summary, December 2013 exit production, 2014 operations update, and current production. 2013 Operations Summary The Company has successfully drilled and completed 15 gross (10.6 net) wells during 2013, in addition to completing 2 gross (0.6 net) wells that were drilled in 2012. All of the wells drilled in 2013 were completed by December 31, 2013, with the last 3 wells [Read more]
Redford to discuss oilsands and climate change with Al Gore in Switzerland
EDMONTON - Alberta Premier Alison Redford is going to get a chance to talk climate change with high-profile oilsands critic and former U.S. vice-president Al Gore. The two will be on a panel Friday at the World Economic Forum in Davos, Switzerland, that is to discuss regulatory issues in relation to climate change. Redford says she will use the opportunity to remind Gore of Alberta's record reducing emissions that cause global warming. She says it's important to debunk myths that Gore [Read more]
Donnycreek Provides Wapiti and Kakwa Field Operations Update
CALGARY, ALBERTA--(Marketwired - Jan. 20, 2014) - Donnycreek Energy Inc. ("Donnycreek" or the "Company") (TSX VENTURE:DCK) provides an operations update for its activities in the Wapiti and Kakwa areas. Wapiti Drilling Operations Donnycreek has drilled and evaluated its 3,800 metre stratigraphic Montney exploration well at 13-26-64-8 W6M (the "13-26 Well"). Based on petrophysical analysis, the Company kicked off and is drilling a 1,600 metre long horizontal well in the middle Montney from [Read more]