CALGARY, Alberta, Feb. 25, 2018 (GLOBE NEWSWIRE) -- Marksmen Energy Inc. (TSX-V:MAH) (OTCQB:MKSEF) (“Marksmen” or the “Company”) and its wholly owned subsidiary, Marksmen Energy USA, Inc. are pleased to provide the following update on its Leaman 1H Clinton Sandstone Horizontal well in Hocking County, Ohio. The well is being drilled in conjunction with our working interest partners and is operated by Hocking Hill Energy (“HHE”). Marksmen is pleased to announce that the drilling has been [Read more]
Headlines
Supplier to NHL’s Calgary Flames breathes again as B.C. wine ban suspended
VICTORIA - The operators of a small British Columbia winery that landed a big contract to be the official wine of the National Hockey League's Calgary Flames are relieved their Cabernet Merlot and Pinot Gris are no longer caught in a face off between two provinces. Christa-Lee McWatters said wine from her Encore Vineyards in Summerland started shipping to Alberta moments after Premier Rachel Notley suspended a more than two-week ban on wine imports from B.C. "We knew that we had [Read more]
Notley says Alberta watching B.C. court bid closely, will get no free ride on it
EDMONTON - Alberta Premier Rachel Notley says she doesn't believe British Columbia's legal challenge to the Trans Mountain oil pipeline expansion has merit, but her government will be watching closely and won't give its neighbour a free ride on it. Notley said she's not sure the B.C. courts will make a ruling on the clearly established constitutional rule that the federal government has the final say on what goes into trans-boundary pipelines. She said if B.C. can't find traction [Read more]
Canada Weekly Rig Count Down 12 to 306
Western Canada’s fleet of drilling rigs went down 12 rigs to the current count of 306 actively drilling rigs according to data collected by Baker Hughes for the week of February 23rd. From one week ago, Alberta rig counts decreased from 222 to 209, the Saskatchewan rig count decreased from 67 to 66. Oil drilling went from 218 to 209; gas rigs went down from 100 to 97. View a full breakdown of western Canada’s rig activity. [Read more]
U.S. oil rig count rises for fifth straight week
(Reuters) - U.S. energy companies added one oil rig this week, the fifth weekly increase in a row, as oil prices hovered at two-week highs. Drillers added one oil rig in the week to Feb. 23, bringing the total count up to 799, the highest level since April 2015, General Electric Co’s Baker Hughes energy services firm said in its closely followed report on Friday.That was the first time since June that drillers added rigs for five consecutive weeks. The U.S. rig count, an early indicator [Read more]
Return Energy Announces Casing of Second Well at Rycroft
CALGARY, Feb. 23, 2018 /CNW/ - Return Energy Inc. ("Return" or the "Company") (TSX-V: "RTN"), through its wholly-owned subsidiary, Winslow Resources Inc. ("Winslow"), is pleased to announce that drilling operations at its Rycroft 100/06-34-076-06W6/00 well have concluded and production casing has been run in the wellbore. The 06-34 well is a conventional (non-horizontal) step-out well to Winslow's recently announced (Feb.20, 2018) 100/14-27-076-06W6 well that has been cased as a potential [Read more]
Perpetual Energy Inc. Reports Strong Fourth Quarter and Year-End 2017 Financial and Operating Results
CALGARY, Feb. 23, 2018 /CNW/ - (TSX:PMT) – Perpetual Energy Inc. ("Perpetual", the "Corporation" or the "Company") is pleased to release its fourth quarter and year-end 2017 financial and operating results. A complete copy of Perpetual's audited consolidated financial statements, Management's Discussion and Analysis ("MD&A") and Annual Information Form for the year ended December 31, 2017 will be available through the Corporation's website at www.perpetualenergyinc.com and SEDAR at [Read more]
Enerplus Announces Fourth Quarter and Full Year 2017 Financial and Operating Results and 2017 Year End Reserves
All financial information contained within this news release has been prepared in accordance with U.S. GAAP. This news release includes forward-looking statements and information within the meaning of applicable securities laws. Readers are advised to review the "Forward-Looking Information and Statements" at the conclusion of this news release. Readers are also referred to "Information Regarding Reserves, Resources and Operational Information", "Notice to U.S. Readers" and "Non-GAAP Measures" [Read more]
Altura Energy Inc. announces its 2017 reserves and provides an operational update
CALGARY, Feb. 22, 2018 /CNW/ - Altura Energy Inc. ("Altura" or the "Company") (TSX-V: ATU) is pleased to announce the results of the independent evaluation of the Company's oil and natural gas reserves (the "McDaniel Report"), effective December 31, 2017, as prepared by McDaniel and Associates Consultants Ltd. ("McDaniel"), and an operational update. Altura's audit of its 2017 annual financial statements is not yet complete and accordingly all financial amounts referred to in this news [Read more]
B.C. seeks reference case over pipeline to affirm its rights over oil shipments
VICTORIA - The Alberta government accepted an olive branch from British Columbia and suspended its ban on the province's wine Thursday in a dispute over the Trans Mountain pipeline. Alberta Premier Rachel Notley took the step after B.C.'s John Horgan said his government will ask the courts if it has the right to protect its environment by restricting diluted bitumen shipments through the province. "I think it is fair to say that in a small way today B.C. blinked," Notley told [Read more]