CALGARY, May 10, 2013 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX:SGY.TO) is pleased to announce its financial and operating results for the three month period endedMarch 31, 2013. FINANCIAL AND OPERATING SUMMARY: Three Months Ended March 31 ($000s except per share amounts) 2012 2011 % change Financial highlights Oil and NGL sales 48,216 47,366 2% Natural gas sales 5,355 3,678 46% Other [Read more]
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Enerplus Announces Strong 2013 First Quarter Results
This news release includes forward-looking statements and information within the meaning of applicable securities laws. Readers are advised to review the "Cautionary Note Regarding Forward-Looking Information and Statements" at the conclusion of this news release. Readers are also referred to "Information Regarding Operational Information" and "Non-GAAP Measures" at the end of this news release for information regarding the presentation of the financial and operational information contained in [Read more]
Renegade Petroleum Ltd. Announces First Quarter 2013 Results
CALGARY, ALBERTA--(Marketwired - May 9, 2013) -Renegade Petroleum Ltd. ("Renegade" or the "Company") (TSX VENTURE:RPL), a light oil focused development and production company with assets located in Saskatchewan, Alberta, Manitoba and North Dakota, is pleased to announce it has filed its condensed interim consolidated financial statements ("Financial Statements") and related management's discussion and analysis ("MD&A") for the three month period ended March 31, 2013 on SEDAR. Selected [Read more]
Southern Pacific Announces Financial and Operational Results for the Quarter Ended March 31, 2013
CALGARY, ALBERTA--(Marketwired - May 9, 2013) - Southern Pacific Resource Corp. ("Southern Pacific" or the "Company") (STP.TO) today announced its financial and operational results for the quarter ended March 31, 2013. 2013 FISCAL Q3 HIGHLIGHTS: Total Company production including the capitalized production from STP-McKay Phase 1 and STP-Senlac was 3,794 barrels per day ("bbl/day") for the three months ended March 31, 2013, and for the first seven days of May has averaged 4,350 bbl/day [Read more]
Longview Announces First Quarter 2013 Results
CALGARY, May 9, 2013 /CNW/ - Longview Oil Corp. ("Longview" or the "Corporation") is pleased to announce the financial and operating results for the quarter ended March 31, 2013. Three months ended March 31, 2013 December 31, 2012 March 31, 2012 Financial ($000, except as otherwise indicated) Sales including realized hedging $ 33,729 $ 36,388 $ 40,425 per share (1) $ 0.72 $ 0.78 $ [Read more]
Advantage Announces First Quarter 2013 Results
Solid Operating and Financial Results Supports Development Plan to Double Production at Glacier (TSX: AAV, NYSE: AAV) CALGARY, May 9, 2013 /CNW/ - Advantage Oil & Gas Ltd. ("Advantage" or the "Corporation") is pleased to announce the financial and operating results for the three months ended March 31, 2013. The following press release summarizes and discusses the unconsolidated financial and operating highlights for Advantage (excludes Longview Oil Corp). Three months [Read more]
Marquee Energy announces significant advances in Michichi area and adopts advance notice by-law
CALGARY, May 9, 2013 /CNW/ - Marquee Energy Ltd. ("Marquee" or the "Company") (TSXV: "MQL") is pleased to provide an operations update on its core Michichi area. The results from the Company's latest round of drilling started in Q4-2012 demonstrate the significant advancement in the Company's knowledge of the area. The Company is also pleased to announce that its board of directors has approved the adoption of an advance notice by-law on May 9, 2013. Michichi Early in Q4-2012 Marquee [Read more]
Lone Pine Resources Announces First Quarter 2013 Results
CALGARY, ALBERTA--(Marketwired - May 9, 2013) - Lone Pine Resources Inc. ("Lone Pine" or the "Company") (LPR) (LPR.TO) today announced financial and operational results for the first quarter of 2013. Selected highlights for the first quarter of 2013 include: Average net sales volumes of 49.4 MMcfe/d with oil and NGLs weighting of 35% Oil and NGLs net sales volumes of 2,845 bbls/d Adjusted EBITDA of $11.3 million Invested $31.8 million in the quarter, which included drilling 8 gross [Read more]
Paramount Resources Ltd. Announces Common Share Offering and Increase to 2013 Capital Expenditure Program
CALGARY, ALBERTA--(Marketwired - May 9, 2013) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Paramount Resources Ltd. (POU.TO) ("Paramount") has entered into an agreement to sell to a syndicate of underwriters led by BMO Capital Markets, on a bought deal basis, 3,500,000 Class A Common Shares to be issued at a price of $37.50 per share for gross proceeds of $131,250,000. In addition, the underwriters will also have an over-allotment option for 15% [Read more]
Shoreline Energy Corp. Announces Closing of the Second Tranche of Its Previously Announced Flow-Through Brokered Private Placement Financing
CALGARY, ALBERTA--(Marketwired - May 9, 2013) - NOT FOR DISTRIBUTION IN THE UNITED STATES. Shoreline Energy Corp. (SEQ.TO) ("Shoreline" or the "Corporation") is pleased to announce that it has closed the second tranche of its previously announced brokered private placement financing (the "Financing"), resulting in gross proceeds to Shoreline of $750,000 through the issuance of 187,500 common shares of the Corporation, issued on a "flow-through" basis pursuant to the Income Tax Act (Canada) [Read more]