CALGARY, March 20, 2013 /CNW/ - Hawk Exploration Ltd. ("Hawk" or the "Corporation") is pleased to provide an operations update and a summary of its December 31, 2012 reserve information as evaluated by GLJ Petroleum Consultants Ltd. ("GLJ"). HIGHLIGHTS Increased total proved reserves by 43% from 797 thousand barrels of oil equivalent ("MBoe") in 2011 to 1,137 MBoe in 2012 and increased total proved plus probable oil reserves by 31% from 1,319 MBoe to 1,725 MBoe; Added total proved [Read more]
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Athabasca Oil Corporation Announces 2012 Year-End Results
CALGARY, March 21, 2013 /CNW/ - Athabasca Oil Corporation (TSX:ATH.TO) is pleased to announce its 2012 Year End Results. The Company achieved numerous corporate milestones and transitioned from a pure exploration company to an exploration and production (E&P) company with a balanced portfolio of light oil production and a wholly-owned thermal oil project under construction. Some of the 2012 highlights include: Light Oil Completion of infrastructure, including a 63-kilometre-long, [Read more]
Rock Energy Inc. Announces 2012 Results, and Updates First Quarter Operations
CALGARY, ALBERTA--(Marketwire - March 20, 2013) - Rock Energy Inc. (RE.TO) ("Rock" or the "Company") is pleased to report its financial and operating results for the year and three months ended December 31, 2012. Rock has filed its Annual Information Form (AIF), which includes Rock's reserves data and other oil and natural gas information for the year ended December 31, 2012. The AIF includes annual disclosure regarding reserves data and other oil and gas information as mandated by National [Read more]
Delphi Energy Reports 2012 Year End Results
CALGARY, ALBERTA--(Marketwire - Mar 20, 2013) - Delphi Energy Corp. (DEE.TO) ("Delphi" or the "Company") is pleased to announce its financial and operational results for the year ended December 31, 2012. 2012 Highlights produced an average of 8,276 barrels of oil equivalent per day ("boe/d") in 2012, 24 percent representing crude oil and natural gas liquids ("NGL''s"), compared to 8,870 boe/d in 2011; increased East Bigstone''s Montney land exposure (upon full earning of farm-in), [Read more]
Whitecap announces record 2012 production and cash flow
CALGARY , March 20, 2013 /CNW/ - Whitecap Resources Inc. ("Whitecap", "we", "us", "our" or the "Company") (WCP.TO) is pleased to announce that we have filed on SEDAR our audited financial statements and related Management's Discussion and Analysis ("MD&A") for the year ended December 31, 2012 . Selected financial and operational information is outlined below and should be read in conjunction with Whitecap's audited financial statements and related MD&A and Annual Information Form ("AIF") [Read more]
Angle Energy Inc. Announces 2012 Year End Financial Results
CALGARY, ALBERTA--(Marketwire - March 20, 2013) - Angle Energy Inc. ("Angle" or the "Company") (NGL.TO) today announced the financial and operating results for the year ended December 31, 2012. The Company has filed its audited consolidated financial statements and related management's discussion and analysis ("MD&A") for the year ended December 31, 2012 on www.sedar.com and www.angleenergy.com. Operational and financial highlights for the fourth quarter of 2012 and for the twelve month [Read more]
Raging River Exploration Inc. Announces Fourth Quarter & Year End 2012 Operating and Financial Results and Increased 2013 Guidance and Expanded Credit Facility
CALGARY, ALBERTA--(Marketwire - March 20, 2013) - Raging River Exploration Inc. (the "Company" or "Raging River") (TSX VENTURE:RRX) announces its operating and financial results for the three month and 290 day period ended December 31, 2012. Selected financial and operational information is outlined below and should be read in conjunction with the audited consolidated financial statements and the related MD&A. Also, the Company today announces the filings of its Annual Information Form [Read more]
Highlights of Saskatchewan provincial budget include $64.8 million surplus, increased tobacco tax
REGINA - Highlights of the Saskatchewan budget tabled Wednesday: A balanced budget with $11.61 billion in revenue and $11.54 billion in spending, leaving a surplus of $64.8 million. Overall budget spending increased by 3.1 per cent. Tobacco tax increase of four cents per cigarette to 25 cents a cigarette to bring in $47.5 million. An increase of about three per cent on alcohol to collect an additional $10 million. Universities and regional colleges get a 2.1 per cent [Read more]
Crude stocks finally decrease
After 10 straight weeks of crude stocks building, U.S. commercial crude oil inventories decreased by 1.3 million barrels from the previous week compared to the expected increase of ~2 million barrels. Total crude oil stocks of 382.7 million barrels are well above the upper limit of the average range for this time of year. Total commercial petroleum inventories decreased by 1.5 million barrels last week. [table] [attr style="width: 25%"]March 15`[attr style="width: 25%"]March 8`[attr [Read more]
First Nations groups: We’re going to stop these pipelines ONE WAY OR ANOTHER
An alliance of First Nations leaders is preparing to fight proposed new pipelines both in the courts and through unspecified direct action. Native leaders from both Canada and the United States were on Parliament Hill on Wednesday to underline their opposition to both the Northern Gateway and Keystone XL pipelines. The first would tie the Alberta oilsands to the West Coast, while the second would send bitumen to refineries on the American Gulf Coast. Some of the chiefs brushed [Read more]