CALGARY, April 24, 2013 /CNW/ - Wrangler West Energy Corp. ("Wrangler West" or the "Company") (TSX-V "WX") announces filing on SEDAR of the Company's audited Financial Statements and related Management's Discussion and Analysis ("MD&A") for the year endedDecember 31, 2012 with comparative data for the year ended December 31, 2011. All documents may be viewed at www.sedar.com. Year ended December [Read more]
News
TSX surges 179 points amid solid earnings reports, sharp gains in commodities
By Malcolm Morrison, The Canadian Press TORONTO - The Toronto stock market registered a solid, triple-digit gain Wednesday amid positive earnings reports from heavyweights Barrick Gold (TSX:ABX.TO) and Canadian Pacific Railway (TSX:CP. The S&P/TSX composite index surged 179.49 points, or 1.48 per cent, to 12,270.43 as investors bought into resource stocks knocked down this month amid signs of slowing economic growth. The move went a long way toward clawing back last week's steep 2.2 [Read more]
Oliver sees no need for change despite U.S. agency’s pipeline concerns
OTTAWA - Natural Resources Minister Joe Oliver says he sees no need to change anything about Canada's environmental protections in order to persuade Americans to approve the Keystone XL pipeline. That's despite a recent letter from the U.S.-based Environmental Protection Agency suggesting Ottawa needs to step up its game. Oliver is on his fourth pipeline road show through the United States this week, touting the energy benefits and environmental stewardship that Canada would [Read more]
Cenovus refining assets a cushion against light heavy oil price gap
By Lauren Krugel, The Canadian Press CALGARY - Cenovus Energy Inc. says its refinery business cushioned the company from weak prices for heavy oil during the first quarter, when it saw a 15 per cent bump in operating earnings compared to a year ago. "This quarter we have clearly demonstrated the value of our integrated strategy," CEO Brian Ferguson said Wednesday. The Calgary-based oil producer (TSX:CVE) said its profits, excluding hedging and foreign exchange impacts, were $391 [Read more]
Blackhawk Announces Agreement With Global Royalty Corp.
CALGARY, ALBERTA--(Marketwired - April 24, 2013) - THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. Blackhawk Resource Corp. ("Blackhawk" or the "Corporation")(TSX VENTURE:BLR), is pleased to announce that on April 3, 2013, it entered into an interim agreement (the "Interim Agreement") as to the terms of a proposed business combination with Global Royalty Corp. [Read more]
Athabasca Oil Corporation Comments on the Public Hearing for the Dover Commercial Oil Sands Project
CALGARY, April 24, 2013 /CNW/ - Athabasca Oil Corporation (TSX: ATH) is responding to a request from Investment Industry Regulatory Organization of Canada (IIROC) to comment on recent market activity involving its shares, which may be related to recent newspaper articles about yesterday's commencement of the previously disclosed public hearing by the Energy Resources Conservation Board ("ERCB") in Fort McMurray, Alberta in respect of the Dover Commercial Oil Sands Project. Dover Operating [Read more]
US crude stocks build below estimates
U.S. commercial crude oil inventories increased 0.9 million barrels from the previous week, below the expected build of ~1.5 million barrels. Total crude oil stocks of 388.6 million barrels are well above the upper limit of the average range for this time of year. Total commercial petroleum inventories decreased by 1.9 million barrels last week. [table] [attr style="width: 25%"]April 19`[attr style="width: 25%"]April 12`[attr style="width: 25%"]Change`[attr style="width: 25%"]% [Read more]
Alberta Star Completes Sale of Oil and Gas Assets for $1.875 Million
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 24, 2013) - Alberta Star Development Corp. (TSX VENTURE:ASX)(ASXSF)(FRANKFURT:QLD) has completed the previously announced sale of its heavy oil assets in Alberta and Saskatchewan to Petrocapita Oil and Gas L.P. ("Petrocapita") of Calgary, Alberta for total net cash consideration of $1,900,513 after taking into account initial industry standard adjustments to the agreed purchase price of $1,875,000. The effective date of this transaction is March 1, [Read more]
Canadian Pacific CEO claims first-quarter results are best in company history
By The Canadian Press CALGARY - The man who was brought in last year to shake up Canadian Pacific Railway Ltd. (TSX:CP.TO) says a strong first quarter — which broke several company records — has put CP on track to have the best year in its 132-year history. CP chief executive Hunter Harrison, who was brought in last year after a highly public and hotly contested shareholder revolt against the former leadership, said he's happy with the progress but not finished with transforming the [Read more]
High North Resources Ltd. Enters Into A Share Exchange Agreement With Valleyview Exploration Inc.
VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 24, 2013) - THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES High North Resources Ltd. ("High North" or the "Company") (TSX VENTURE:HN) - announces that it has entered into an arm's length Share Exchange Agreement (the "Share Exchange Agreement") dated April 15, 2013, for the acquisition (the "Transaction") by the Company of all of the issued and outstanding shares of Valleyview [Read more]