CALGARY, ALBERTA--(Marketwired - July 8, 2013) - Baytex Energy Corp. ("Baytex") (TSX:BTE) (NYSE:BTE) is pleased to report that the Board of Directors has appointed Mary Ellen Peters as a director of the company. Ms. Peters has over 30 years of oil and gas experience and most recently served as Senior Vice President, Transportation and Logistics at Marathon Petroleum Company LP. Ms. Peters' previous board experience includes acting as Chairman of the Board of Managers for Louisiana Offshore Oil [Read more]
Headlines
DeeThree Exploration Ltd. Announces 30-Day Brazeau Belly River and Lethbridge Alberta Bakken Production Rates
CALGARY, ALBERTA--(Marketwired - July 8, 2013) - DEETHREE EXPLORATION LTD. ("DeeThree" or the "Company") (TSX:DTX)(OTCQX:DTHRF) is pleased to announce the average 30-day initial production rates of the significant Brazeau Belly River and Lethbridge Alberta Bakken horizontal wells drilled earlier this spring. DeeThree announced the highest initial test rate to date from a Belly River horizontal well drilled in its Brazeau core property on April 8th, 2013. After more than 30 days of [Read more]
40 people considered missing in Quebec train disaster; five declared dead
LAC-MEGANTIC, Que. - About 40 people are considered missing after the spectacular blaze and explosions that razed much of Lac-Megantic, increasing the likelihood that the number of fatalities could soar from the current official death toll of five. "I can tell you that we have met a lot of people....and what I can tell you is that about 40 people are considered missing," Quebec provincial police Lt. Michel Brunet told a news conference. "We have to be careful with that number [Read more]
INCREDIBLE Photos from Quebec train derailment
"Train derailment in Quebec causes huge explosion. Crash site described as "war zone." http://t.co/50pmLbSrXW pic.twitter.com/UsYgPR3F1J"— Águila real (@jamenci) July 7, 2013 1 dead after train carrying oil derails in Quebec - USA TODAY - http://t.co/fZHNeXA3ac pic.twitter.com/fsmCvkBNsv— Digg Cash (@DiggCash) July 7, 2013 Major fire after train carrying oil (maybe tar sands) derails in Quebec near Canada-US border http://t.co/LJwi0SCuDv [Read more]
Train carrying crude in Quebec derails, explodes
LAC-MEGANTIC, Quebec (AP) -- A train carrying crude oil derailed Saturday in eastern Quebec, sparking several explosions and a blaze that destroyed the center of the town of Lac-Megantic and killed at least one person. An unspecified number of people were reported missing. "Train derailment in Quebec causes huge explosion. Crash site described as "war zone." http://t.co/50pmLbSrXW pic.twitter.com/UsYgPR3F1J"— Águila real (@jamenci) July 7, 2013 Witnesses said [Read more]
Petronas group applies for LNG export licence for its proposed B.C. project
VICTORIA - Plans by Malaysian national oil company Petronas to export liquefied natural gas from northern British Columbia to Asia moved forward Friday with the company submitting an export application with Canada's National Energy Board.Pacific NorthWest LNG, backed by a 90-per-cent interest by Petronas, said in a statement the company wants to export up to 19.68 million tonnes of LNG per year for 25 years from a proposed export facility at Port Edward, B.C., near Prince [Read more]
Oil price rises to near US$103 on strong US employment report, unrest in Egypt
NEW YORK (AP) - The price of oil marched higher Friday after a positive report on U.S. hiring and ongoing concerns that the crisis in Egypt might affect Mideast supplies.In midday trading, benchmark West Texas Intermediate crude for August delivery was up $1.56 at US$102.80 per barrel on the New York Mercantile Exchange. On Wednesday, oil closed above at $101.24, the highest level since May 3, 2012. U.S. markets were closed Thursday for Independence Day.Following the ouster of Egyptian president [Read more]
Atikwa Announces 2013 Reserves
CALGARY, ALBERTA--(Marketwired - July 5, 2013) - Atikwa Resources Inc. ("Atikwa" or the "Company") (TSX VENTURE:ATK). is pleased to announce that Deloitte LLP ("AJM Deloitte"), an independent engineering and geological consulting firm and a qualified reserves evaluator, has provided Atikwa with an independent NI 51-101 Compliant Reserve Evaluation with an effective date of February 28, 2013 prepared in accordance with the COGE handbook. Net asset value (per share), NPV, future net revenue, do [Read more]
Alexander Energy Ltd. Appoints Chief Operating Officer
CALGARY, ALBERTA--(Marketwired - July 5, 2013) - Alexander Energy Ltd. (TSX VENTURE:ALX) ("Alexander" or the "Company") is pleased to announce the appointment of Ron Peshke P.Eng. as Chief Operating Officer ("COO") of Alexander, replacing David Oginski, P. Eng., who resigned effective July 2, 2013, to pursue other business interests. David Oginski has been the COO of Alexander since the fall of 2012. The board of directors wishes to thank Mr. Oginski for his tenure with Alexander and wish him [Read more]
Pacific NorthWest LNG Applies for Export License
VANCOUVER, July 5, 2013 /CNW/ - Today Pacific NorthWest LNG applied to the National Energy Board (NEB) for a license to export liquefied natural gas (LNG) from its proposed LNG export facility in Port Edward, British Columbia. Pacific NorthWest LNG has applied for a license to export up to 19.68 million tonnes of LNG per year for 25 years beginning in 2019. "Today's filing for an NEB export license is another important step to bring this tremendous opportunity to reality. We believe the [Read more]