CALGARY, ALBERTA--(Marketwired - Nov. 4, 2014) - Talisman Energy Inc. (TSX:TLM) (NYSE:TLM) reported its operating and unaudited financial results for the third quarter of 2014. All values are in US$ unless otherwise stated. "Our third quarter results highlight our continued focus on improving the financial and operating reliability and performance of our business," said Hal Kvisle, President and CEO. "Positive drilling results in the Duvernay, Edson, the Friendsville area of the [Read more]
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Bellatrix Exploration Ltd. Reports Record Year-to-Date Production, Funds Flow from Operations, Net Profit and Third Quarter 2014 Financial Results
TSX, NYSE: BXE CALGARY, Nov. 4, 2014 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE) reports record year-to-date production, funds flow from operations, net profit and third quarter 2014 financial results. Forward-Looking Statements This press release, including the report to shareholders, contains forward-looking statements. Please refer to our cautionary language on forward-looking statements and the other matters set forth at the beginning of the [Read more]
Cardinal Energy Announces Third Quarter Results
CALGARY, ALBERTA--(Marketwired - Nov. 3, 2014) - Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX:CJ) is pleased to announce its operating and financial results for the quarter ended September 30, 2014 which marked the third full operating quarter for Cardinal as a public company. Cardinal also announces that its unaudited condensed interim consolidated financial statements and related Management's Discussion and Analysis for the three and nine months ended September 30, 2014 are [Read more]
Veresen Receives Clearance from the Committee on Foreign Investment in the United States for its Previously Announced US$1.425 Billion Acquisition of 50% Interest in the Ruby Pipeline
CALGARY, Nov. 3, 2014 /CNW/ - Veresen Inc. ("Veresen") (TSX: VSN) is pleased to announce that it has received notice from the Committee on Foreign Investment in the United States ("CFIUS") that there are no unresolved national security issues relating to Veresen's previously announced acquisition of the 50% convertible preferred interest owned by Global Infrastructure Partners in the Ruby pipeline system for US$1.425 billion. The clearance by CFIUS was without conditions and terminates CFIUS [Read more]
Oil prices hit 4-year lows after Saudi discount
LONDON — Oil prices sank to four-year lows on Tuesday following reports Saudi Arabia, OPEC’s largest oil producer, is cutting its prices for customers in the U.S. By early afternoon London time, a barrel of benchmark crude was down $2.07, or 2.6 percent, at $76.79, its lowest level since September 2010. Meanwhile, Brent crude, the international benchmark, was down $2.14, or 2.5 percent, at $82.63 a barrel, its lowest level since October 2010. The market was shaken by news that Saudi Arabia [Read more]
Alberta, B.C. premiers meet, set tone for warmer relations over pipelines
VANCOUVER - Alberta Premier Jim Prentice and British Columbia's Christy Clark have promised warmer relations after Clark's "frosty" dealings with former premier Alison Redford.Prentice's visit to B.C. on Monday was his first trip outside Alberta after being sworn in as premier Sept. 15.When asked by reporters if they had moved on from the rancour that was visible with Redford, Clark did not respond directly but instead praised Prentice."There hasn't been a premier in Alberta's history who has [Read more]
PrairieSky Royalty Announces Third Quarter 2014 Results
(All figures are in Canadian dollars) CALGARY, Nov. 3, 2014 /CNW/ - PrairieSky Royalty Ltd. ("PrairieSky") (TSX:PSK) is pleased to announce its third quarter financial results for the period ended September 30, 2014. Third Quarter Highlights Funds from Operations of $68.7 million or $0.53 Adjusted Funds from Operations Per Share (basic) Production averaged 15,448 boe/d (43% crude oil, 10% NGLs and 47% natural gas) As at September 30, 2014 working capital was $75.2 million, [Read more]
Seven Generations Announces Underwriters’ Notice of Exercise of Over-Allotment Option
CALGARY, Nov. 3, 2014 /CNW/ - Seven Generations Energy Ltd. (TSX:VII) (the "Company" or "7G") is pleased to announce that it has received notice from RBC Capital Markets, Credit Suisse Securities (Canada), Inc. and Peters & Co. Limited (the "Co-Lead Underwriters") on behalf of the underwriters including BMO Nesbitt Burns Inc., CIBC World Markets Inc., Jefferies LLC, Scotia Capital Inc., TD Securities Inc., AltaCorp Capital Inc., National Bank Financial Inc., Canaccord Genuity Corp., Cormark [Read more]
Contact Exploration Inc. Issues Incentive Options
CALGARY, AB--(Marketwired - November 03, 2014) - Contact Exploration Inc. ("Contact" or the "Company") (TSX VENTURE: CEX) announces that it has issued a total of 1,550,000 stock options to two employees of the Company in accordance with the Company's shareholder approved stock option plan, including 1,400,000 stock options being issued to the Vice President, Finance and Chief Financial Officer of the Company. The stock options are exercisable at a price of $0.33 per share, expire in five years [Read more]
Petrolia Provides a Corporate Update
QUÉBEC CITY, QUÉBEC--(Marketwired - Nov. 3, 2014) - Pétrolia (TSX VENTURE:PEA) is pleased to provide the following corporate update relating to the commercialization of its oil and gas properties on Anticosti Island and in the Gaspé region of Quebec. Haldimand Project The drilling of Haldimand 4 will resume by mid-November. The drilling rig, already on the site, is fully functional and the drilling team is expected on site in the coming days. The drilling of this well will make it [Read more]