CALGARY - Alberta Premier Alison Redford says she's not worried that her frequent trips to Washington, D-C to promote the Keystone X-L oil pipeline will result in negative overexposure in the U-S. Redford has visited Washington four times since she became premier 18 months ago and has been the object of protesters opposed to the multi-billion dollar pipeline. She says if you're one of those people where your story is heard too much and no one wants to hear from you anymore, then [Read more]
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Arcan is Pleased to Announce 2012 Year End Reserves and Financial Results, Cancelled Stock Options, and Provide an Operations Update
CALGARY, ALBERTA--(Marketwired - April 12, 2013) - Arcan Resources Ltd. (TSX VENTURE:ARN) ("Arcan" or the "Corporation") announced increases in both producing and proven reserves in the 2012 year-end report as well as growth in all categories over the mid-year update, recognizing initial results of Arcan's waterflood activities. Arcan achieved several key operational and financial objectives in 2012 as the Corporation continued to transition from a junior exploration company into a sustainable [Read more]
Strategic Oil & Gas Ltd. Announces Year-End 2012 Financial and Operating Results and Update on First Quarter 2013 Drilling Program
CALGARY, ALBERTA--(Marketwired - Apr 11, 2013) - Strategic Oil & Gas Ltd. ("Strategic" or the "Corporation") (TSX VENTURE:SOG) is pleased to report financial and operating results for the fourth quarter and year ended December 31, 2012. The Corporation achieved record production and funds from operations in 2012 as a result of strong drilling results, and continues to establish itself as an efficient light oil producer in northern Canada. Detailed results are presented in Strategic's [Read more]
Natural gas withdrawal better than expectations
Working gas in storage was 1,673 Bcf as of Friday, March 29, 2013, according to EIA estimates. This represents a net change of -14 Bcf greater analyst estimates of ~-3 Bcf. Stocks were 804 Bcf less than last year at this time and 37 Bcf below the 5-year average of 1,739 Bcf. [table] [attr style="width: 25%"]`[attr style="width: 25%"]April 5`[attr style="width: 25%"]March 29`[attr style="width: [Read more]
Hemisphere Energy Announces Substantial Growth in 2012
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 11, 2013) - Hemisphere Energy Corporation (TSX VENTURE:HME) is pleased to announce its financial and operating results for the ten months ended December 31, 2012. As a result of changing the fiscal year-end from February 28 to December 31, Hemisphere's current reporting period is for the ten months ended December 31, 2012 with comparatives to the twelve months ended February 29, 2012. All amounts are expressed in Canadian dollars. Highlights [Read more]
Aroway Energy Inc. Announces West Hazel Property Reserves
CALGARY, ALBERTA--(Marketwired - Apr 11, 2013) - AROWAY ENERGY INC. (TSX VENTURE:ARW)(www.arowayenergy.com) (the "Company") is pleased to announce the results of its independent reserves evaluation in accordance with National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities ("NI 51-101") on its newly acquired 100% owned and operated West Hazel property in Western Saskatchewan as at December 1, 2012. The independent reserves evaluation is focused on Aroway's 100% owned and [Read more]
Southern Pacific Provides Operational Update
CALGARY, ALBERTA--(Marketwired - Apr 11, 2013) - Southern Pacific Resource Corp. ("Southern Pacific" or the "Company") (STP.TO) today provided an operational update with respect to the Company's STP-McKay and STP-Senlac Thermal Projects. Southern Pacific plans to continue to provide monthly operational updates to its shareholders, with the next update to occur on or about May 9, 2013, with the release of its fiscal Q3 2013 financial and operating results (quarter ending March 31, 2013). An [Read more]
Yangarra Appoints Vice President, Operations and Grants Stock Options
CALGARY , April 11, 2013 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or "the Company") (YGR.V) announces the appointment of Lorne Simpson, as Vice President, Operations. Mr. Simpson has over 30 years of drilling and completions experience. Most recently, Mr. Simpson held the position of Manager of Drilling and Completions at Yangarra. Prior to that Mr. Simpson was Supervisor, Drilling Operations with PetroBakken Energy Ltd and has held various other senior level roles in his career. Mr. Simpson [Read more]
Keyera and Plains Solicit Interest in Construction of New Liquids Pipeline System
CALGARY , April 10, 2013 /CNW/ - Keyera Corp. (KEY.TO) (KEY-DBA.TO) ("Keyera") and Plains Midstream Canada ULC, a wholly owned subsidiary of Plains All American Pipeline, L.P. (PAA) ("Plains"), announced today they have entered into an arrangement to solicit interest in the construction of a jointly-owned liquids pipeline system in northwest Alberta. The proposed pipeline system, to be called the Western Reach Pipeline System, is anticipated to run from the Gordondale area of northwestern [Read more]
Palliser Oil & Gas Corporation Reports Significant Increase in 2012 Year End Reserves and 2012 Financial and Operating Results
CALGARY, April 10, 2013 /CNW/ - Palliser Oil & Gas Corporation ("Palliser" or the "Company") (TSX VENTURE:PXL) is pleased to report 2012 year end reserves and financial and operating results for the three months and year ended December 31, 2012. Certain selected financial and operational information is set out below and should be read in conjunction with Palliser's financial statements complete with the notes to the financial statements and related MD&A which will be available at [Read more]