VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 25, 2013) - Alberta Star Development Corp. (TSX VENTURE:ASX)(ASXSF)(FRANKFURT:QLD) (the "Company"), announces today its intention to make a normal course issuer bid (the "Bid") to purchase for cancellation, from time to time, as it considers advisable, up to 1,800,000 of its issued and outstanding common shares, being approximately 8.4% of the Company's currently outstanding common shares and approximately 9.5% of the Company's Public Float (as [Read more]
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Yangarra Provides an Operations Update, Increases its Credit Facility and Files its Annual Information Form
CALGARY, April 25, 2013 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX-V:YGR.V) provides an operations update, announces an increase to its credit facility and files its Annual Information Form. Operations Update Yangarra's new Ferrier gas processing facility (100% working interest), constructed under budget and ahead of schedule, was put into service April 10, 2013. The Company's facility is currently ramping up to its full capacity of 12 mmcf/d with six of eight standing [Read more]
Massive Kearl oilsands mine ready to start up any day now, Imperial CEO says
Lauren Krugel, The Canadian Press CALGARY – With Imperial Oil Ltd.’s Kearl oilsands mine ready to start up any day now, CEO Rich Kruger shrugged off concerns about whether the already tight North American market can soak up another 110,000 barrels of crude a day. “Start up is imminent,” Kruger told reporters following the company’s annual general meeting on Thursday. “It’s real soon. We’re right on the cusp of starting up.” Late last year and early this year, the price gap between [Read more]
Natural gas storage builds at expectations
Working gas in storage was 1,734 Bcf as of Friday, April 19, 2013, according to EIA estimates. This represents a net change of +30 Bcf;in-line with analyst estimates of ~+30 Bcf.Stocks were 807 Bcf less than last year at this time and 94 Bcf below the 5-year average of 1,828 Bcf. [table] [attr style="width: 25%"]`[attr style="width: 25%"]April 19`[attr style="width: 25%"]April 12`[attr style="width: [Read more]
Imperial Oil announces estimated first quarter financial and operating results
FOR THE THREE MONTHS ENDED MARCH 31, 2013 CALGARY , April 25, 2013 /CNW/ - First quarter (millions of dollars, unless noted) 2013 2012 % Net income (U.S. GAAP) 798 1,015 (21) Net income per common share - assuming dilution (dollars) 0.94 1.19 (21) Capital and exploration expenditures 2,976 1,173 154 Rich [Read more]
Anterra Energy Announces 2012 Year End Reserves and Financial Results
CALGARY, ALBERTA--(Marketwired - Apr 25, 2013) - Anterra Energy Inc. ("Anterra" or the "Company") (TSX VENTUR:AE.A) announces that the Company released its financial and operating results for the year ended December 31, 2012. The full text of the Company's audited financial statements and related Management's Discussion and Analysis ("MD&A") can be found at: www.sedar.com and on the Company's website atwww.anterraenergy.com. In addition, Anterra announces its reserves for the fiscal year [Read more]
AltaGas Reports Strong First Quarter Results and Increases Dividend by 4.2 Percent
CALGARY, ALBERTA--(Marketwired - Apr 25, 2013) - AltaGas Ltd. (AltaGas) (ALA.TO) (ALA-PA.TO) today reported normalized net income applicable to common shares was $55.5 million ($0.53 per share) for the three months ended March 31, 2013, compared to $40.1 million ($0.45 per share) for the same period 2012. Net income applicable to common shares reported was $49.0 million ($0.46 per share) for the three months ended March 31, 2013, compared to $41.3 million ($0.46 per share) for the same period [Read more]
Novus Energy Inc. Announces Year End 2012 Financial and Operational Results and Achieves Record Production and Funds Flow
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S./ CALGARY, April 25, 2013 /CNW/ - Novus Energy Inc. ("Novus" or the "Company") is pleased to announce that it has filed its audited financial statements and management's discussion and analysis ("MD&A") as at and for the fiscal year ended December 31, 2012. These may be accessed through the SEDAR websitewww.sedar.com and at the Company's websitewww.novusenergy.ca. Novus had a very active and highly successful [Read more]
Precision Drilling holding steady with dividend payment despite tough market
By The Canadian Press CALGARY - Precision Drilling Corp. (TSX:PD.TO) is maintaining its dividend amid difficult market conditions that have driven down its revenue and profit. The Calgary-based drilling company's net income fell to $93 million or 33 cents per diluted share, down 16 per cent from the first quarter of 2012. Its revenue dropped by seven per cent to $596 million, mainly due to lower North American drilling activity compared with the first quarter of 2012. Nevertheless, [Read more]
Canadian Pacific expects to ramp up crude oil capacity a year early
By Ross Marowits, The Canadian Press Canadian Pacific Railway, after delivering a strong earnings report Wednesday, had more good news for investors, saying it expects to double its deliveries of crude oil 12 months earlier than previously forecast. The Calgary-based railway said Wednesday that it expects to ship 140,000 carloads of crude by the end of 2015. It delivered 53,500 carloads last year and expects to reach a 70,000-carload run rate by the end of 2013. "We have clear line of [Read more]