CALGARY, Aug. 23, 2013 /CNW/ - Wrangler West Energy Corp. ("Wrangler West" or the "Company") (TSX-V"WX") announces filing on SEDAR of the Company's unaudited Financial Statements and related Management's Discussion and Analysis ("MD&A") and the 2013 Second Interim Report to Shareholders for the three and six months ended June 30, 2013 with comparative data for the three and six months ended June 30, 2012. All documents may be viewed at www.sedar.com. Review of 2013 First Half During [Read more]
News
Greenpeace to defy Russians, enter Arctic seas without permit
A Greenpeace icebreaker is defying Russian law and sailing without a permit into that country's northern waters to protest Arctic offshore energy development."We're going to carry on into the Northern Sea Route," said crew member Christy Ferguson aboard the Arctic Sunrise."I am a little nervous, but I think that what we're doing is really important."The Arctic Sunrise was sailing towards the Northern Sea Route off Russia's Arctic coast Friday with the intent of entering the Kara Sea, [Read more]
Atikwa Responds to Proxy Circular Filed by Dissidents
CALGARY, ALBERTA--(Marketwired - Aug. 23, 2013) - Atikwa Resources Inc. (TSX VENTURE:ATK) ("Atikwa" or the "Company") wishes to correct serious misinformation being circulated in advance of the Company's annual and special meeting to be held on August 30, 2013 (the "Meeting"). As some of our shareholders may be aware, a small group of shareholders from the Vancouver area (the "Dissidents" or the "Vancouver Group"), with virtually no oil and gas experience and no public company experience have [Read more]
Alberta government releases long awaited study into safety of pipelines
CALGARY - A long-awaited review into pipeline safety in Alberta has found that oversight in the province is strong and compares favourably overall with other jurisdictions, but includes 17 recommendations to further improve it.The review, conducted by Group 10 Engineering, looked at pipeline integrity, the safety of pipelines crossing water and spill response.Among the recommendations, Group 10 said regulators should better define what constitutes a "water body" and improve consistency [Read more]
Questfire Energy Corp. Announces 2013 First Quarter Financial Results
CALGARY, ALBERTA--(Marketwired - Aug. 23, 2013) - NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS. Questfire Energy Corp. (the "Corporation" or "Questfire") (TSX VENTURE:Q.A)(TSX VENTURE:Q.B) is pleased to announce that it has filed on SEDAR its unaudited financial statements and related management's discussion and analysis ("MD&A") for the three month period ended March 31, 2013. First Quarter 2013 Corporate Highlights [Read more]
Novus Energy Inc. Announces Second Quarter 2013 Results
CALGARY, Aug. 23, 2013 /CNW/ - Novus Energy Inc. ("Novus" or the "Company") (TSXV: NVS) announces that it has filed its unaudited condensed interim financial statements and management's discussion and analysis ("MD&A") as at and for the three and six months ended June 30, 2013. These may be accessed through the SEDAR websitewww.sedar.com and at the Company's website www.novusenergy.ca. FINANCIAL HIGHLIGHTS Production revenue for the three months ended June 30, 2013, increased 44% [Read more]
Renegade Petroleum Ltd. Announces Executive Changes
CALGARY, ALBERTA--(Marketwired - Aug. 23, 2013) - Renegade Petroleum Ltd. ("Renegade" or the "Company") (TSX VENTURE:RPL), a light oil focused exploration and production company with assets located in Saskatchewan, Alberta, Manitoba and North Dakota, announces the departure of Mr. Brad Wakefield, Vice President, Exploitation of the Company, effective immediately. Mr. Wakefield has decided to resign to pursue other personal and professional opportunities. The Board of Directors and management of [Read more]
Penn West cuts staff by 25% this year
CALGARY - Penn West Petroleum Ltd. (TSX:PWT) said Thursday that it has cut its workforce by a quarter since the beginning of the year in order to improve competitiveness. The Calgary-based oil company's head count now stands at 1,600, down from 2,150 at the start of 2013. Since the fall of 2012, Penn West has reduced its staff by 30 per cent. The company expects to take a $25-million charge in the third quarter in connection with the layoffs. "This week, Penn West has taken [Read more]
Marquee Energy Announces Second Quarter Results, Generates Record Cash Flow for the Quarter
CALGARY, Aug. 22, 2013 /CNW/ - Marquee Energy Ltd. ("Marquee" or the "Company") (TSXV: "MQL") is pleased to announce its second quarter 2013 operating and financial results. The Company's financial statements and management's discussion and analysis for the second quarter of 2013 are available on SEDAR at www.sedar.comand on Marquee's website at www.marquee-energy.com. ACHIEVEMENTS AND HIGHLIGHTS The Company achieved significant growth in funds flow from operations on both a boe and per share [Read more]
Penn West Exploration Announces Employee Reductions
CALGARY, Aug. 22, 2013 /CNW/ - PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE - PWE) ("PENN WEST" or "the Company") announced today that as part of the ongoing process to improve competitive performance, the Company has further reduced its workforce to less than 1,600 full time equivalent employees. To date in 2013, the Company has reduced total employee count by over 25% from approximately 2,150 full time employees at the beginning of the year and by 30% from approximately 2,250 in the fall of [Read more]