CALGARY, ALBERTA--(Marketwired - Nov. 14, 2013) - Terra Energy Corp. ("Terra" or the "Company") (TSX:TT) announces its financial and operating results for the three and nine month periods ended September 30, 2013. Copies of Terra's third quarter results may be obtained at www.sedar.com or www.terraenergy.ca. Third Quarter 2013 Results The Company recorded net income of $6,155,000 as compared to a net loss of $5,366,000 in the same period last year as a result of improved [Read more]
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Palliser Oil & Gas Corporation Reports Third Quarter 2013 Results
/NOT FOR DISTRIBUTION IN THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ CALGARY, Nov. 14, 2013 /CNW/ - Palliser Oil & Gas Corporation ("Palliser" or the "Company") (TSX VENTURE:PXL) is pleased to announce financial and operating results for the three and nine months ended September 30, 2013. Certain selected financial and operational information is set out below and should be read in conjunction with Palliser's unaudited condensed financial statements complete [Read more]
Berkshire Hathaway juggles oil stocks in Q3
OMAHA, Neb. - Warren Buffett's company bought more than 40 million shares of Exxon Mobil and significantly reduced its ConocoPhillips investment during the third quarter.Berkshire Hathaway Inc. filed a quarterly update on its $92 billion U.S. stock portfolio Thursday with regulators. The two oil company investments were the biggest changes revealed.Berkshire reduced its ConocoPhillips holdings to 13.5 million shares at the end of September, down from 24.2 million shares in June.These quarterly [Read more]
Storm Resources Ltd. is Pleased to Announce its Financial and Operating Results for the Three and Nine Months Ended September 30, 2013
CALGARY, ALBERTA--(Marketwired - Nov. 14, 2013) - Storm Resources Ltd. (TSX VENTURE:SRX) - Storm has also filed its unaudited condensed interim consolidated financial statements as at September 30, 2013 and for the three and nine months then ended along with Management's Discussion and Analysis ("MD&A") for the same period. This information appears on SEDAR at www.sedar.com and on Storm's website at www.stormresourcesltd.com. Selected financial and operating information for [Read more]
Freehold Royalties Ltd. Announces 2013 Third Quarter Results
CALGARY, ALBERTA--(Marketwired - Nov. 14, 2013) - Freehold Royalties Ltd. (Freehold) (TSX:FRU) announces third quarter results for the period ended September 30, 2013. RESULTS AT A GLANCE Three Months Ended September 30 Nine Months Ended September 30 FINANCIAL ($000s, except as noted) 2013 2012 Change 2013 2012 Change Gross revenue 51,545 41,811 23% 136,291 122,340 11% Net income 18,961 11,975 58% 43,746 32,897 33% Per [Read more]
New Brunswick energy minister hopes protests don’t discourage shale gas sector
FREDERICTON - New Brunswick's energy minister says he hopes protests against shale gas development don't stop SWN Resources from proceeding with its plans to explore for the resource.Craig Leonard's comments came Thursday after the RCMP blocked Highway 11 in northeastern New Brunswick for a few hours because of a demonstration intended to stop the energy company from conducting seismic testing."We hope protests remain peaceful and lawful and hopefully SWN will be able to get their work done in [Read more]
Raging River Exploration Inc. Announces 2013 Third Quarter Operating and Financial Results
CALGARY, ALBERTA--(Marketwired - Nov. 14, 2013) - Raging River Exploration Inc. (the "Company" or "Raging River") (TSX:RRX) announces its operating and financial results for the three and nine months ended September 30, 2013. Selected financial and operational information is outlined below and should be read in conjunction with the unaudited interim consolidated financial statements and the related MD&A. These filings will be available at www.sedar.com and the Company's website at [Read more]
Gear Energy Ltd. Announces $70 Million Capital Budget for 2014
CALGARY, ALBERTA--(Marketwired - Nov. 14, 2013) - Gear Energy Ltd. ("Gear" or the "Company") is pleased to announce the following: 2014 Capital and Operating Budget The Board of Directors has approved a $70 million capital expenditure budget for 2014. The budget targets expenditures balanced between low risk, high rate of return development drilling and advancement of efforts to expand and de-risk other potential new core heavy oil assets. With current price forecasts, [Read more]
Twin Butte Energy Announces 2013 Q3 Results
CALGARY, Nov. 14, 2013 /CNW/ - (TSX: TBE) - Twin Butte Energy Ltd. ("Twin Butte" or the "Company") is pleased to report financial and operational results for the three and nine months ended September 30, 2013. Highlights of Twin Butte's third quarter 2013 are as follows: Continued demonstration of a disciplined business plan, supporting our sustainable dividend paying model with a payout ratio of 60 percent and a total payout ratio net of the DRIP and SDP of 57 percent in the third quarter 2013. [Read more]
Southern Pacific Provides October Operational Update
CALGARY, ALBERTA--(Marketwired - Nov. 14, 2013) - Southern Pacific Resource Corp. ("Southern Pacific" or the "Company") (TSX:STP) today provided an operational update for the month of October 2013 with respect to the Company's STP-McKay and STP-Senlac thermal projects. Total Corporate Production Total Company production, which includes bitumen production from STP-McKay and heavy oil from STP-Senlac, averaged 4,461 bbl/d ("barrels of oil per day") for the month of October 2013. [Read more]