CALGARY, ALBERTA--(Marketwire - March 19, 2013) - Charger Energy Corp. ("Charger") (TSX VENTURE:CHX) continues to believe that the proposed merger with Pace Oil and Gas Ltd. ("Pace") and AvenEx Energy Corp. ("AvenEx") to form Spyglass Resources Corp. ("Spyglass") (the "Merger") is in the best interest of Charger shareholders and recommends that Charger shareholders vote FOR the arrangement. Pace, AvenEx and Charger also announce that they have agreed to set the initial Spyglass monthly [Read more]
North 40 Resources Ltd.
Tourmaline Oil Corp. Announces Record Year End 2012 Financial Results
CALGARY, ALBERTA--(Marketwire - March 19, 2013) - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") achieved exceptional growth in reserves (69%), production (64%) and cash flow(1) (16%) in 2012 while delivering strong profitability in a year of significantly lower natural gas prices. The Company posted strong after-tax earnings of $15.5 million for the 2012 fiscal year. Highlights 2012 average production of 50,804 boepd represented a 64% increase over the 2011 average [Read more]
Pinecrest Energy Inc. announces its December 31, 2012 Year End Results and 2012 Year End Reserves
TSX Venture Exchange: PRY CALGARY, March 18, 2013 /CNW/ - Pinecrest Energy Inc. ("Pinecrest" or the "Company") is pleased to announce that it has filed on SEDAR its audited annual financial statements, related Management's Discussion and Analysis ("MD&A") and Annual Information Form for the year ended December 31, 2012. The statements will be available for review at www.sedar.com or www.pinecrestenergy.com. 2012 HIGHLIGHTS Increased proved plus probable reserves by 107% to 16.2 mmboe [Read more]
Anderson Energy Announces 2012 Fourth Quarter and Year End Results
CALGARY, ALBERTA--(Marketwire - March 18, 2013) - Anderson Energy Ltd. ("Anderson" or the "Company") (TSX:AXL) is pleased to announce its operating and financial results for the fourth quarter and year ended December 31, 2012. HIGHLIGHTS The Company completed its Cardium horizontal light oil winter drilling program using slick water frac technology. Initial production results were vastly superior to previously used fracture stimulation techniques. The average initial [Read more]
Crescent Point Energy Corp. Announces Year-End 2012 Results
CALGARY, ALBERTA--(Marketwire - Mar 14, 2013) - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (CPG.TO) is pleased to announce its operating and financial results for the year ended December 31, 2012. The Company also announces that its audited financial statements and management''s discussion and analysis for the year ended December 31, 2012, will be available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com and on Crescent Point''s [Read more]
PetroBakken Announces Fourth Quarter Results With Production of 47,192 Boepd and Funds Flow from Operations of $168 Million
CALGARY, ALBERTA--(Marketwire - March 12, 2013) - PetroBakken Energy Ltd. (the "Company" or "PetroBakken") (PBN.TO) is pleased to announce our fourth quarter and year-end 2012 financial and operating results. FINANCIAL & OPERATING HIGHLIGHTS In this press release, annual comparisons are 2012 compared to 2011 and quarterly comparisons are fourth quarter 2012 compared to fourth quarter 2011, unless otherwise noted. All references to well counts are on a net basis. December 2012 [Read more]
Kelt Provides 2013 Financial and Operating Guidance
CALGARY, ALBERTA--(Marketwire - March 7, 2013) - Kelt Exploration Ltd. ("Kelt" or the "Company") (TSX:KEL) is pleased to provide financial and operating guidance for 2013. Common shares of Kelt commenced trading on the Toronto Stock Exchange on March 1, 2013 under the symbol "KEL". 2013 Guidance Kelt was recently formed as a junior oil and gas exploration and development company resulting from a plan of arrangement involving Celtic Exploration Ltd., ExxonMobil Canada Ltd., ExxonMobil [Read more]
Canadian Natural on lookout for Montney deal, open to sale or joint venture
CALGARY - Canadian Natural Resources Ltd. is on the lookout for a deal that will unlock value from its vast shale holdings in northeastern B.C. It's a departure for the company, which has resisted the sorts of joint-venture deals that have been all the rage amongst its oilpatch peers in recent years. Canadian Natural (TSX:CNQ) is the largest player in the Montney formation, which stretches through parts of northeastern B.C. and northwestern Alberta. On Thursday, it said it is [Read more]
Baytex Delivers Record Production And Strong Reserve Growth In 2012
CALGARY, ALBERTA--(Marketwire - Mar 7, 2013) - Baytex Energy Corp. ("Baytex") (BTE.TO) (BTE) reports its operating and financial results for the three months and year ended December 31, 2012 (all amounts are in Canadian dollars unless otherwise noted). Commenting on the results, James Bowzer, President and Chief Executive Officer of Baytex, said, "2012 was another very successful year for Baytex. In an environment which was especially challenging for heavy oil producers, Baytex was able to [Read more]
Contact Exploration and Pieridae Energy Announce Partnership to Focus on Natural Gas Production for LNG Export
CALGARY, ALBERTA--(Marketwire - March 4, 2013) - Contact Exploration Inc. ("Contact") (TSX VENTURE:CEX) and Pieridae Energy Limited ("Pieridae") are pleased to announce the creation of a new natural gas-focused exploration and production entity - Pieridae Production Limited Partnership ("PPLP" or the "Partnership"). PPLP has been formed by Pieridae and Contact to source, develop and produce natural gas to serve as significant portion of the feedstock for Pieridae's proposed Goldboro LNG [Read more]