CALGARY, ALBERTA--(Marketwired - Nov. 12, 2015) - Pine Cliff Energy Ltd. ("Pine Cliff" or the "Company") (TSX VENTURE:PNE) is pleased to announce its third quarter financial and operating results. Included in the filings were Pine Cliff's condensed consolidated interim financial statements and related management's discussion and analysis for the period ended September 30, 2015 (the "Q3-Report"). Selected highlights are shown below and should be read in conjunction with the Q3-Report. The [Read more]
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Cequence Energy announces third quarter financial and operating results
CALGARY, Nov. 12, 2015 /CNW/ - Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) is pleased to announce its operating and financial results for the third quarter of 2015. The Company's Consolidated Financial Statements and Management's Discussion and Analysis are available at www.cequence-energy.com and on SEDAR at www.sedar.com. Third Quarter 2015 Highlights During the third quarter Cequence completed its most recent Dunvegan oil well at Simonette. Initial results from the [Read more]
Bonterra Energy Corp. Announces Third Quarter 2015 Results
CALGARY, ALBERTA--(Marketwired - Nov. 12, 2015) - Bonterra Energy Corp. (Bonterra or the Company) (TSX:BNE) is pleased to announce its operating and financial results for the three and nine months ended September 30, 2015. The related unaudited condensed financial statements and notes, as well as management's discussion and analysis (MD&A), are available on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com and on Bonterra's website at [Read more]
RMP Energy Reports Third Quarter Financial Results
CALGARY, ALBERTA--(Marketwired - Nov. 12, 2015) - RMP Energy Inc. ("RMP" or the "Company") (TSX:RMP) is pleased to report for the three months ended September 30, 2015 funds from operations of $17.0 million ($0.14 per basic share) on realized revenue of $35.9 million and average daily production of 11,000 barrels of oil equivalent, weighted 47% light oil and NGLs. Third quarter and nine month results are as follows: Financial Highlights Three Months Ended Sept. 30, Nine Months Ended [Read more]
Freehold Royalties Ltd. Announces 2015 Third Quarter Results
CALGARY, ALBERTA--(Marketwired - Nov. 12, 2015) - Freehold Royalties Ltd. (Freehold) (TSX:FRU) announced third quarter results for the period ended September 30, 2015. RESULTS AT A GLANCE Three Months Ended Nine Months Ended September 30 September 30 FINANCIAL ($000s, except as noted) 2015 2014 Change 2015 2014 Change Gross revenue 36,076 52,343 -31 % 101,831 156,219 -35 % Net income [Read more]
Encana Completes Sale of Its Haynesville Natural Gas Assets
CALGARY, AB--(Marketwired - November 12, 2015) - Encana Corporation (Encana) (TSX: ECA) (NYSE: ECA) announced today that its wholly-owned subsidiary, Encana Oil & Gas (USA) Inc., has completed the previously announced sale of its Haynesville natural gas assets, located in northern Louisiana, to GEP Haynesville, LLC (GeoSouthern), a joint venture formed by GeoSouthern Haynesville, LP and funds managed by GSO Capital Partners LP. Total cash consideration to Encana under the transaction is [Read more]
Canadian Oil Sands Advises Shareholders to Ignore Suncor’s Scare Tactics and Attempt to Mask Deficiencies of Substantially Undervalued Bid
CALGARY, AB--(Marketwired - November 12, 2015) - Suncor's attempt to ram through its bid by challenging COS' Shareholder Rights Plan and issuing a letter to scare shareholders expose Suncor's recognition that its substantially undervalued bid is being widely rejected Suncor has underestimated the resolve of COS shareholders and their confidence in the future of a strong independent COS To reject the substantially undervalued, opportunistic and exploitive Suncor bid shareholders should [Read more]
Veresen Announces $140 Million Ethane Storage Facility Development
CALGARY, ALBERTA--(Marketwired - Nov. 12, 2015) - Veresen Inc. ("Veresen") (TSX:VSN) is pleased to announce it will build and operate a new wholly-owned ethane storage facility located near Burstall, Saskatchewan, approximately 20 kilometres north of the Empress natural gas liquids (NGL) complex. The salt cavern facility will have capacity to store approximately 1 million barrels of ethane, and will be connected via pipeline to Veresen's Alberta Ethane Gathering System. The expected capital cost [Read more]
Statoil to put up $82 M for exploration of Nova Scotia’s offshore
HALIFAX - Offshore regulators in Atlantic Canada awarded oil exploration licences to several industry giants Thursday, totalling more than $1.2 billion in Newfoundland and Labrador alone.The Canada-Newfoundland and Labrador Offshore Petroleum Board said it had awarded seven parcels worth a combined $1,204,953,713.Norwegian-based Statoil is a partner in five of the seven bids and was also awarded a solo bid worth $423 million.Other companies to be involved in the potential exploration include BG [Read more]
War of words intensifies between Suncor and reluctant takeover target COS
CALGARY - The war of words is intensifying between oilsands giant Suncor Energy and its reluctant takeover target, Canadian Oil Sands.Suncor issued an open letter to COS shareholders on Thursday — under the heading "hope is not a strategy" — reiterating its view that sticking with the status quo is a risky proposition.In return, COS deemed the letter a "desperate attempt to scare shareholders." The leadership of COS has urged its shareholders to do nothing, accusing Suncor of being opportunistic [Read more]