Exall Energy Corporation ("Exall" or the "Company") (TSX:EE and TSX:EE.DB) is pleased to announce the results of its independent third party NI 51-101 compliant reserves assessment and provide an operational update concerning its Marten Mountain, Mitsue operating area. Exall's public filings can all be found at www.exall.com or www.sedar.com. Highlights: January 28 to February 3, 2013 weekly Field Production Average of 1,409 BOEPD December 31, 2012 proved plus probable net present [Read more]
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Chinook Energy Provides Operational Update
Chinook Energy Inc. (CKE.TO) ("Chinook" or the "Company") is pleased to provide the following operational update. Bir Ben Tartar Concession, Tunisia TT-10 Horizontal Well Initial Flow Rates The TT-10 well is Chinook''s fourth horizontal well test of the Ordovician Quartzite Reservoir on the Bir Ben Tartar Production Concession (the "BBT Concession"). Partners in the BBT Concession are Enterprise Tunisienne D''Activites de Petrolieres ("ETAP") as block holder and Chinook (86% interest) [Read more]
Perpetual Energy Inc. releases 2012 year-end reserves
Perpetual Energy Inc. ("Perpetual", the "Corporation" or the "Company") is pleased to release a summary of the Company's year-end 2012 reserves as reported by the independent engineering firm McDaniel and Associates Consultants Ltd. ("McDaniel"). YEAR-END 2012 RESERVES 2012 Year-End Reserve Highlights Perpetual added 19.5 MMBoe of proved and probable reserves in 2012, excluding production, net dispositions and downward technical revisions related to lower commodity price forecasts. [Read more]
Suncor Energy reports 2012 fourth quarter results
CALGARY, ALBERTA Operating earnings of $1.000 billion ($0.65 per common share) and a net loss of $562 million ($0.37 per common share). Net loss includes an after-tax impairment charge of $1.487 billion for the Voyageur upgrader project. Cash flow from operations of $2.235 billion ($1.46 per common share). Average Oil Sands segment production of 378,700 barrels per day (bbls/d). Total average production of 556,500 barrels of oil equivalent per day (boe/d). Refining and Marketing caps [Read more]
Bonterra Energy Corp. Announces Record Production in Fourth Quarter and Full Year 2012 and Provides an Operational Update
Bonterra Energy Corp. (Bonterra) (www.bonterraenergy.com) (BNE.TO) is pleased to provide an operational update including 2012 highlights, the results of its independent reserve report prepared by Sproule Associates Limited with an effective date of December 31, 2012 and its 2013 budget and guidance. In 2012, Bonterra maintained its focus on providing investors with a sustainable pace of development, continued growth on a per share basis and stable monthly income through its dividend policy [Read more]
Advantage Announces Disposition of Non-core Assets, Glacier Montney Update, Appointment of Financial Advisors and Natural Gas Hedging for 2013
Advantage Oil & Gas Ltd. ("Advantage" or the "Corporation") (TSX/NYSE: AAV) is pleased to provide the following updates: Disposition of Non-Core Assets Since the commencement of our non-core asset disposition process, Advantage has closed four separate sales transactions and recently signed a definitive agreement with a fifth party which, on a combined basis, constitute the sale of substantially all of our non-core assets. Four transactions representing a total of approximately 420 [Read more]
Santonia Energy Provides Update
Santonia Energy Inc. ("Santonia" or the "Company") provides the following update. Production The Company achieved its published exit production target of 5,000 boe/d in November with the month of November's production averaging in excess of 5,000 boe/d. The increase in production from the October 1, 2012 level of 4,500 boe/d, post the closing of asset sales associated with the Strategic Review Process, is a result of additional volumes from the Company's Cardium resource development [Read more]
New Brunswick an ally in getting landlocked Alberta crude to tidewater: Redford
CALGARY - Alberta Premier Alison Redford has found an ally in her New Brunswick counterpart when it comes to getting landlocked Alberta crude to new markets. She says a partnership between the two provinces is a "natural fit." New Brunswick Premier David Alward and his energy minister, Craig Leonard, are on the third day of an Alberta tour. Redford says the visit, which included tours of oilsands operations on Monday, reaffirmed what Alward already knew - that oilsands [Read more]
Crude oil prices rebound to near US$97 a barrel amid upbeat economic news
NEW YORK, N.Y. - Improved economic news helped oil rebound from day-earlier losses to post a small gain near US$97 a barrel at midday Tuesday. Benchmark West Texas Intermediate crude for March delivery rose 67 cents to US$96.84 a barrel on the New York Mercantile Exchange after having dropped $1.60 to finish at US$96.17 a barrel on Monday. Data published Tuesday showing rising activity in the manufacturing and services sectors in the 17 European Union countries using the euro [Read more]
Renegade Petroleum Ltd. Announces Voluntary Surrender of Options
Renegade Petroleum Ltd. ("Renegade" or the "Company") (TSX VENTURE:RPL) is pleased to announce that holders of an aggregate of 9,152,800 stock options of the Company ("Options") have voluntarily surrendered such Options for nominal consideration. Following the surrender of such Options, the Company has 968,500 Options outstanding pursuant to the option plan of the Company. CORPORATE INFORMATION Renegade's common shares trade on the TSX Venture Exchange under the symbol RPL. Renegade [Read more]