CALGARY, ALBERTA--(Marketwire - March 22, 2013) - Pine Cliff Energy Ltd. (Pine Cliff or the Company) (TSX VENTURE:PNE) is pleased to announce its operating and financial results for the fourth quarter and year ended December 31, 2012. The related financial statements and notes, as well as management's discussion and analysis, are available on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com and on Pine Cliff's website at www.pinecliffenergy.com. Pine [Read more]
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Renegade Petroleum Ltd. Announces Record Production and Significant Reserve Growth
CALGARY, ALBERTA--(Marketwire - Mar 21, 2013) - Renegade Petroleum Ltd. ("Renegade" or the "Company") (TSX VENTURE:RPL) is pleased to announce it has filed on SEDAR its audited annual consolidated financial statements ("Financial Statements") and related management''s discussion and analysis ("MD&A") for the three months and year ended December 31, 2012. Selected financial and operational information is outlined below and should be read in conjunction with the Financial Statements and [Read more]
Artek Announces Record Year End 2012 Financial and Operating Results
CALGARY, ALBERTA--(Marketwire - March 21, 2013) - Artek Exploration Ltd. (RTK.TO) ("Artek" or the "Company") is pleased to provide this summary of its financial and operating results for the three months and year ended December 31, 2012. A complete copy of the Company's audited comparative financial statements for the years ended December 31, 2012 and 2011, along with management's discussion and analysis in respect thereof will be filed on SEDAR at www.sedar.com and on the Company's website at [Read more]
Bonterra Energy Corp. Announces Fourth Quarter and Year End 2012 Results
CALGARY, ALBERTA--(Marketwire - March 21, 2013) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. Bonterra Energy Corp. (Bonterra or the Company) (BNE.TO) is pleased to announce its operating and financial results for the fourth quarter and year ended December 31, 2012. The related financial statements and notes, as well as management's discussion and analysis (MD&A) for the year ended December 31, 2012, are available on the System for Electronic [Read more]
Marquee Energy Continues Transition to Oil Producer in 2012
CALGARY , March 21, 2013 /CNW/ - Marquee Energy Ltd. ("Marquee" or the "Company") (TSXV: "MQL") is pleased to announce its fourth quarter and annual operating and financial results and provide an update on recent activities. ACHIEVEMENTS AND HIGHLIGHTS Marquee achieved its goal of transitioning from a gas weighted to an oil and liquids weighted company in 2012. The significant growth in both production and land base in the Company's core Michichi area, together with the acquisition and [Read more]
Enerplus Announces Succession of President & CEO
CALGARY , March 21, 2013 /CNW/ - The Board of Directors of Enerplus Corporation ("Enerplus") (ERF.TO) (ERF) today announced that Mr. Gordon J. Kerr will be retiring as President & Chief Executive Officer ("CEO") effective June 30, 2013 . Mr. Ian C. Dundas , currently Executive Vice President & Chief Operating Officer, will succeed Mr. Kerr as President & Chief Executive Officer. Mr. Kerr will also be retiring as a Director of Enerplus on June 30, 2013 , and Mr. Dundas will assume a [Read more]
Twin Butte Energy Announces Record 2012 Year End Results
CALGARY , March 21, 2013 /CNW/ - (TBE.TO) - Twin Butte Energy Ltd. ("Twin Butte" or the "Company") is pleased to report financial and operational results for the three and twelve months ended December 31, 2012 . Twin Butte previously released 2012 year end reserves on February 27, 2013 . Highlights of Twin Butte's highly successful 2012 are as follows: Demonstrated a sustainable dividend paying model with a payout ratio of 91 percent and a payout ratio net of the DRIP, of 89 percent in [Read more]
Sonde Resources Corp. Announces Year End 2012 Financial and Operating Results and Provides Update on Current Activities
CALGARY, ALBERTA--(Marketwire - Mar 21, 2013) - Sonde Resources Corp. ("Sonde" or the "Company") (SOQ.TO) (NYSE MKT:SOQ) announced today the release of its financial and operating results for the year ended December 31, 2012. The Management''s Discussion and Analysis and financial statements for the year ended December 31, 2012 can be viewed on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com, and in the Company''s Annual Report on Form 40-F, available on the [Read more]
PetroChina 2012 profit drops 13.3 percent
BEIJING (AP) -- State-owned energy company PetroChina Ltd. said Thursday its 2012 profit tumbled 13.3 percent due to price controls and higher costs for imported gas. The Beijing-based company, the world's biggest oil producer by volume, said it earned 115.3 billion yuan ($18.3 billion), or 0.63 yuan (10 U.S. cents) per share, compared with 132.9 billion yuan the previous year. Revenue rose 9.6 percent to 2.2 trillion yuan ($384 billion). PetroChina blamed slower Chinese economic [Read more]
Enbridge to Invest $0.2 Billion to Connect Ninth Oil Sands Project
CALGARY, ALBERTA--(Marketwire - Mar 21, 2013) - Enbridge Inc. (ENB.TO)(ENB) today announced that it has entered into an agreement to provide pipeline and terminaling services to the proposed Athabasca Oil Corporation ("AOC") Hangingstone Oil Sands Project (the "Hangingstone Project"). The Hangingstone Project will be the ninth oil sands project to be connected to Enbridge''s regional system. Enbridge will construct a new 50-kilometre (31-mile), 16-inch diameter pipeline from the Hangingstone [Read more]