CALGARY, ALBERTA--(Marketwired - May 9, 2013) - Santonia (STE.TO) is pleased to provide this summary of its financial and operating results for the first quarter of 2013. A complete copy of the Company's consolidated interim financial statements for the three months ended March 31, 2013, along with management's discussion and analysis in respect thereof will be filed on SEDAR and is available on the Company's website atwww.santoniaenergy.com. HIGHLIGHTS Three months ended [Read more]
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Surge Energy Inc. announces management changes, private placement and sale of non-core assets
CALGARY, May 8, 2013 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX:SGY.TO) is pleased to announce certain senior management changes, effective immediately, a private placement of up to $2.5 million, and the sale of certain non-core, non-operated assets for proceeds of approximately US$42.75 million. MANAGEMENT CHANGES: The Board of Directors of Surge ("Board") is pleased to announce that they have unanimously agreed to appoint Mr. Paul Colborne as the President and CEO of Surge, [Read more]
Rock Energy Inc. Announces Q1 2013 Results, and Revises Production Guidance Upward
CALGARY, ALBERTA--(Marketwired - May 8, 2013) - Rock Energy Inc. (RE.TO) ("Rock" or the "Company") is pleased to report its financial and operating results for the three months ended March 31, 2013. Rock is a Calgary-based crude oil exploration, development and production company. Rock has filed its unaudited condensed interim Consolidated Financial Statements for the period ended March 31, 2013 and related Management's Discussion and Analysis ("MD&A"). Copies of Rock's materials may be [Read more]
Enbridge sees few obstacles to expand Alberta-Wisconsin oil pipeline
CALGARY – Enbridge Inc. is seeking U.S. approval to pump more crude through an Alberta-to-Wisconsin pipeline — a process the company expects will be easier than the one TransCanada Corp. is facing with its Keystone XL pipeline. “I think I’d point out that this is a little bit of a different situation,” Enbridge CEO Al Monaco told analysts on a conference call Wednesday to discuss the company’s first-quarter results. “We’re talking about a relatively limited amount of work here from an [Read more]
Longview Announces Executive Appointment
CALGARY , May 8, 2013 /CNW/ - Longview Oil Corp. ("Longview" or the "Corporation") is pleased to announce that Mr. Lionel Derochie has been appointed to the position of Vice President of Operations effective May 1 , 2013. Mr. Derochie has over 30 years of experience in the Western Canadian oil & gas industry with a focus on reservoir engineering, production and enhanced oil recovery operations. He is a graduate of Queen's University with a Bachelor of Science in Engineering Physics and spent [Read more]
BlackPearl Announces First Quarter 2013 Financial and Operating Results
CALGARY, ALBERTA--(Marketwired - May 8, 2013) -BlackPearl Resources Inc. ("BlackPearl" or the "Company") (PXX.TO)(OMX:PXXS) is pleased to announce its financial and operating results for the three months ended March 31, 2013. Highlights include: Drilled the second pilot SAGD well pair at Blackrod. Steam injection in this well will begin in the summer. We are continuing to optimize our production techniques with the first well pair, with the most recent modifications production from the [Read more]
NuVista Energy Ltd. Announces First Quarter 2013 Results
CALGARY, ALBERTA--(Marketwired - May 8, 2013) -NuVista Energy Ltd. ("NuVista") (NVA.TO) is pleased to announce results for the three months ended March 31, 2013 and provide an update on its plans for the remainder of 2013. We have accelerated the advancement of our condensate-rich Wapiti Montney natural gas play in early 2013 and are pleased with the results in addition to the recent improvement in natural gas prices. We had committed to deliver a focused and repeatable 2013 Montney program, [Read more]
Tourmaline Oil Corp. Announces Q1 2013 Financial Results: Continues Record Profitable Growth
CALGARY, ALBERTA--(Marketwired - May 8, 2013) -Tourmaline Oil Corp. (TOU.TO) ("Tourmaline" or the "Company") is pleased to announce results for the three months ended March 31, 2013 and provide an update on its 2013 EP program. Q1 2013 Highlights Production for the first quarter of 2013 averaged 68,636 boepd - a 47% increase over Q1 2012 and a 20% increase over the fourth quarter of 2012. Record after-tax earnings for the quarter of $52.2 million compared to $3.0 million for the first [Read more]
Angle Energy Inc. Announces 2013 First Quarter Results
CALGARY, ALBERTA--(Marketwired - May 8, 2013) -Angle Energy Inc. ("Angle" or the "Company") (NGL.TO) today announced the financial and operating results for the three months ended March 31, 2013. The Company has filed its interim consolidated financial statements and related management's discussion and analysis ("MD&A") for the period ended March 31, 2013 onwww.sedar.com and www.angleenergy.com. Operational and financial highlights for the first quarter of 2013 are noted below and should [Read more]
556,000 bopd: Alberta produces record conventional crude in 2012, reserves shoot up
By Bill Graveland, The Canadian Press CALGARY - Alberta's energy regulator says higher oil prices and new technology have led to the largest increase in decades of both conventional oil production and reserves. In its latest report the Energy Resources Conservation Board records a 14 per cent increase in production in 2012 and 9.5 per cent increase in reserves over 2011 levels, due to the higher production rates from horizontal wells. Alberta's crude oil production totalled 556,000 [Read more]