CALGARY , May 13, 2013 /CNW/ - Pinecrest Energy Inc. ("Pinecrest" or the "Company") 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 ending March 31 , 2013. The statements will be available for review at www.sedar.com orwww.pinecrestenergy.com. First Quarter 2013 Achievements Pinecrest is pleased to provide the following update on our achievements during the three [Read more]
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Crew Energy Announces 76 Tcfe Independent Montney Resource Evaluation and First Quarter 2013 Financial and Operating Results
CALGARY, ALBERTA--(Marketwired - May 13, 2013) - Crew Energy Inc. (CR.TO) of Calgary, Alberta is pleased to present its operating and financial results for the three month period ended March 31, 2013 and the results of its 2013 Montney Resource Evaluation. Highlights An independent Total Petroleum Initially in Place ("TPIIP") evaluation has confirmed that Crew's 292 net Montney sections are a world class hydrocarbon accumulation of 76 TCFE made up of 33.7 TCF of natural gas and seven [Read more]
LGX Oil + Gas Inc. Announces First Quarter 2013 Results
CALGARY, May 13, 2013 /CNW/ - LGX Oil + Gas Inc. ("LGX" or the "Company") (TSXV:OIL.V) is pleased to announce it has filed on SEDAR its unaudited financial statements and related Management's Discussion and Analysis ("MD&A") for the three months ended March 31, 2013. Selected financial and operational information is outlined below and should be read in conjunction with LGX's unaudited financial statements and the related MD&A which are available for review [Read more]
Spyglass Resources Corp. Announces 2013 First Quarter Results, May Cash Dividend, Consolidated Reserves and Provides Capital Program Update
CALGARY, ALBERTA--(Marketwired - May 13, 2013) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW. All values are in Canadian dollars unless otherwise indicated.Conversion of natural gas volumes to barrels of oil equivalent (boe) are at 6:1. Spyglass Resources Corp. ("Spyglass", or the "Company") (SGL.TO) announces its unaudited interim financial and [Read more]
Pine Cliff Energy Ltd. Announces First Quarter 2013 Results
CALGARY, ALBERTA--(Marketwired - May 13, 2013) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. Pine Cliff Energy Ltd. ("Pine Cliff" or the "Company") (TSX VENTURE:PNE) is pleased to announce its first quarter financial and operating results. Selected highlights are shown below and should be read in conjunction with the Company's interim condensed consolidated financial statements and the related management's discussion and analysis for the three [Read more]
Waldron Energy Corporation Announces First Quarter 2013 Results and Operations Update
CALGARY, ALBERTA--(Marketwired - May 13, 2013) - Waldron Energy Corporation ("Waldron" or the "Corporation") (WDN.TO) is pleased to announce its financial and operational results for the three months ended March 31, 2013. These reports are available for review at www.sedar.com and on the Corporation's website atwww.waldronenergy.ca. Q1 2013 Highlights First quarter average production of 2,119 boe per day (26% oil and liquids); First quarter funds from operations of $2.0 [Read more]
Bonterra Energy Corp. Announces First Quarter 2013 Results
CALGARY, ALBERTA--(Marketwired - May 13, 2013) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. Bonterra Energy Corp. (TSX:BNE) (Bonterra or the Company) is pleased to announce its operating and financial results for the three months ended March 31, 2013. The related unaudited condensed consolidated financial statements and notes, as well as management's discussion and analysis, are available on the System for Electronic Document Analysis and [Read more]
Second Wave Petroleum Inc. Announces Completion of Debenture Financing
condCALGARY, May 13, 2013 /CNW/ - Second Wave Petroleum Inc. (TSX:SCS.TO) ("Second Wave" or the "Company") announces completion of its previously announced debenture financing, pursuant to which it has issued to Brookfield Bridge Lending Fund Inc. ("Brookfield"), the Company's controlling shareholder, a $17.5 million principal amount 7.5% secured convertible debenture (the "Debenture") for net proceeds of $17,325,000 after payment of the 1% commitment fee. The Debenture has a maturity date [Read more]
RMP Energy Announces First Quarter 2013 Results and Ante Creek Pipeline Project
CALGARY, ALBERTA--(Marketwired - May 13, 2013) - RMP Energy Inc. ("RMP" or the "Company") (TSX:RMP) is pleased to report its financial and operating results for the first quarter of 2013. For the three months ended March 31, 2013, RMP reported funds from operations of $20.1 million ($0.19 per basic share) on revenue of $32.6 million and record-setting average daily production of 6,727 barrels of oil equivalent (weighted 55% light oil and NGLs). Highlights and detailed results are as [Read more]
Conservatives boost resources ad spending to $16.5M, target U.S. audiences
OTTAWA - Ottawa is dramatically ramping up ad spending by Natural Resources Canada as the Conservatives take their environmental and natural resources fight directly to the American market. Budgetary estimates show that $16.5 million has been set aside by the department for advertising in 2013-14 to highlight what the Harper government calls responsible resource development. That's up from $9 million last year and just $237,000 in Natural Resources advertising in 2010-11. The [Read more]