CALGARY, ALBERTA--(Marketwired - May 15, 2013) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Birchcliff Energy Ltd. ("Birchcliff") (BIR.TO) is pleased to announce its strong financial and operational results for the first quarter of 2013 with a continued decrease in per unit cash costs, an increase in its credit facilities, an increase of its 2013 budget, an increase in fourth quarter and exit production guidance, a Phase IV expansion [Read more]
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TransCanada to Sell 45% Interest in GTN and Bison Pipelines to TC PipeLines, LP
CALGARY, ALBERTA--(Marketwired - May 15, 2013) -TransCanada Corporation (TRP.TO) (TRP) (TransCanada) today announced it has entered into agreements to sell a 45 per cent interest in each of Gas Transmission Northwest LLC (GTN) and Bison Pipeline LLC (Bison) to TC PipeLines, LP (TCP) (the Partnership) for an aggregate purchase price of US$1.05 billion, which includes US$146 million for 45 per cent of GTN's debt. The sale is expected to close in July 2013 and is subject to regulatory approvals and [Read more]
Storm Resources Ltd. (“Storm” or the “Company”) is Pleased to Announce Its Financial and Operating Results for the Three Months Ended March 31, 2013
CALGARY, ALBERTA--(Marketwired - May 15, 2013) - Storm Resources Ltd. (TSX VENTURE:SRX) Storm has also filed its unaudited condensed interim consolidated financial statements as at March 31, 2013 and for the three months then ended along with the Management's Discussion and Analysis ("MD&A") for the same period. This information appears on SEDAR at www.sedar.com and on Storm's website atwww.stormresourcesltd.com. Selected financial and operating information for the three months ended [Read more]
West Coast oil pipelines still face hurdles after Liberals’ B.C. election win
CALGARY - Oil pipelines to the West Coast may have a better chance of being built with the Liberals hanging on to power in British Columbia than had the New Democrats won Tuesday's election. But, observers say the odds for Northern Gateway and the Trans Mountain expansion moving ahead are still rather slim. Warren Mabee, a professor at Queen's University, says the Liberals' support for pipelines is highly conditional and doesn't amount to a "green light." He says, to his [Read more]
Harper heads to New York to face grilling on Canada’s environmental record
OTTAWA – When Stephen Harper takes the stage at a leading U.S. think-tank on Thursday to talk about Canada’s energy prospects, his pitch will more than likely mention that Canada is halfway towards meeting its greenhouse gas emissions target. The question on many American minds is: what will Canada do to make up the other half? As the Obama administration mulls whether to let TransCanada Corp. build the Keystone XL pipeline to connect the Alberta oilsands to the Gulf Coast, the [Read more]
Second Wave Petroleum Inc. Announces Filing of First Quarter 2013 Financial Results
CALGARY, May 15, 2013 /CNW/ - Second Wave Petroleum Inc. ("Second Wave" or the "Company") announced today the filing of its interim financial statements and management's discussion and analysis for the quarter ended March 31, 2013, which have been filed on SEDAR atwww.sedar.com. Financial Summary Three months ended March 31, Three months ended December 31, ($000s, except per share and per boe amounts) 2013 2012 % ∆ 2012 % ∆ (1) Sales [Read more]
Exall Energy Corporation Announces Results For The Three Months Ended March 31, 2013
CALGARY, May 15, 2013 /CNW Telbec/ - Exall Energy Corporation ("Exall" or the "Company") (TSX:EE EE.DB) is pleased to announce its financial and operating results for the three months ended March 31, 2013. Exall's public filings can all be found at www.exall.com or www.sedar.com. Highlights: A first quarter 2013 production average of 1,303 boe per day a 17 percent increase over the same quarter in 2012, the second highest quarterly average in the Compay's history, A first quarter 2013 [Read more]
Liberals defy odds, pollsters, to hold onto power in B.C. provincial election
VANCOUVER - British Columbia's Liberals defied common wisdom and months of abysmal polling numbers to win a majority government Tuesday, a stunning turnaround for a party and a premier written off for dead when the election started just a few weeks ago. Premier Christy Clark was in a tight fight for her own Vancouver riding, but there was no doubt her party would return with another majority government. It was the Liberals' fourth-consecutive victory and Clark's first win as [Read more]
Chinook Energy Inc. Announces Its First Quarter Financial and Operational Results
CALGARY, ALBERTA--(Marketwired - May 14, 2013) -Chinook Energy Inc. ("Chinook" or the "Company") (CKE.TO) today announced its first quarter financial and operational results and provided an operational update. The Company has filed its unaudited consolidated financial statements for the three months ended March 31, 2013 and 2012 and related management's discussion and analysis ("MD&A") on the SEDAR website (www.sedar.com) and Chinook's website (www.chinookenergyinc.com). During the [Read more]
Artek Exploration Ltd. Announces First Quarter 2013 Financial Results and Updates Operations
CALGARY, ALBERTA--(Marketwired - May 14, 2013) - Artek Exploration Ltd. (RTK.TO) of Calgary, Alberta ("Artek" or the "Company") is pleased to provide this summary of its financial and operating results for the quarter ended March 31, 2013. A complete copy of the Company's comparative financial statements for the quarter ended March 31, 2013, along with management's discussion and analysis in respect thereof will be filed on SEDAR and on the Company's website [Read more]