CALGARY, ALBERTA--(Marketwired - Nov. 13, 2013) - The Canadian Association of Oilwell Drilling Contractors (CAODC) projects that the industry will drill 10,604 wells in 2014. This well count will generate 124,701 operating days for rig contractors. The Association released its 2014 Drilling Activity Forecast today at the CAODC Associate Member Breakfast. A well count of 10,604 is 45 wells less than the well count expected for 2013, but the Association anticipates that rig activity will be [Read more]
News
Raging River Exploration Inc. Announces the Closing of $78.4 Million Bought Deal Financing
CALGARY, ALBERTA--(Marketwired - Nov. 13, 2013) - NOT FOR DISTRIBUTION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW. Raging River Exploration Inc. ("Raging River" or the "Company") (TSX:RRX) has closed its previously announced bought deal financing. A total of 14,000,000 Raging River common shares have been issued at a price $5.60 per share for gross proceeds of $78.4 million (the "Financing"). The [Read more]
RMP Energy Announces Closing of $50.0 million Equity Financing
CALGARY, ALBERTA--(Marketwired - Nov. 13, 2013) - NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. RMP Energy Inc. ("RMP" or the "Company") (TSX:RMP) is pleased to announce that the Company closed its previously announced "bought deal" equity financing (the "Equity Financing"). Pursuant to the terms of the Equity Financing, RMP issued, on an underwritten basis, approximately 8.2 million common shares at a price of $6.10 per [Read more]
Blackbird Energy Provides Operational Update
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 13, 2013) - (TSX VENTURE:BBI) Blackbird Energy Inc. ("Blackbird" or the "Company") is pleased to report the following update on its operations. BROMHEAD MIDALE Blackbird is currently licensing its first Midale well on its Bromhead land base where it holds a 100% working interest in two sections (1,280 acres) of land. The application is to re-enter an existing wellbore located at 1-27-3-13W2 to test the Midale formation. This [Read more]
Crocotta Energy Inc.: Q3 2013 Financial and Operating Results
CALGARY, ALBERTA--(Marketwired - Nov. 13, 2013) - CROCOTTA ENERGY INC. (TSX:CTA) is pleased to announce its financial and operating results for the three and nine months ended September 30, 2013, including condensed interim consolidated financial statements, notes to the condensed interim consolidated financial statements, and Management's Discussion and Analysis. All dollar figures are Canadian dollars unless otherwise noted. HIGHLIGHTS Increased production 24% to 8,596 boe/d [Read more]
Clark says B.C.’s LNG plants will do the world a clean air favour
VICTORIA - Premier Christy Clark is calling British Columbia's proposed liquefied natural-gas plants worldwide pollution-fighting machines. Clark said Tuesday B.C. will be doing the world a favour if it can sell natural gas in China and Japan because natural gas is cleaner than China's coal and safer than Japan's nuclear power. She came close to rejecting outright B.C.'s 2007 Greenhouse Gas Reduction Targets law that calls on the province to cut its GHG emissions by one-third by [Read more]
Redford says Washington Keystone pipeline talks went well
WASHINGTON - Alberta Premier Alison Redford says she senses a shift in discussions with some U.S. government officials about the proposed Keystone XL oilsands pipeline.After her fifth trip to Washington, D.C., Tuesday to lobby for the project, Redford says some people there are starting to appreciate that shipping bitumen by rail generates more greenhouse gases than shipping it by pipeline.Redford says she met with U.S. State department officials as well as members of Congress and the Senate and [Read more]
Sunshine Oilsands: Announcement of Results for the Three and Nine Month Periods Ended September 30, 2013
HONG KONG, Nov. 12, 2013 /CNW/ - (HKEX: 2012; TSX: SUO) Sunshine Oilsands Ltd. ("Sunshine" or the "Company") today announced its financial results for the third quarter of 2013. The Company's condensed interim consolidated financial statements, notes to the condensed interim consolidated financial statements and Management's Discussion and Analysis have been filed on SEDAR (http://www.sedar.com) and with the SEHK at (http://www.hkexnews.hk) and are available on the Company's website [Read more]
Painted Pony Announces Montney Production Results and Third Quarter 2013 Financial and Operating Results
CALGARY, ALBERTA--(Marketwired - Nov. 12, 2013) - Painted Pony Petroleum Ltd. ("Painted Pony" or the "Company") (TSX:PPY) is pleased to provide an update on current Montney production results and report its financial and operating results for the three and nine month periods ending September 30, 2013. Highlights include: production on the recently drilled 50% working interest lower Montney well at Daiber d-D44-C/94-B-16 has been flowing in line for the last seven days at a [Read more]
Petrobank Reports Q3 2013 Financial and Operating Results, Updated Corporate Strategy and Investor Conference Call
CALGARY, ALBERTA--(Marketwired - Nov. 12, 2013) - Petrobank Energy and Resources Ltd. (TSX:PBG) announces our 2013 third quarter financial and operating results and updated corporate strategy. The consolidated financial statements as at and for the three and nine months ended September 30, 2013 and 2012 represent the operations of the assets and liabilities transferred to Petrobank pursuant to the corporate reorganization with PetroBakken Energy Ltd. (now renamed Lightstream Resources [Read more]