CALGARY, April 28, 2016 /CNW/ - (ARX - TSX) ARC Resources Ltd. ("ARC") is pleased to report its first quarter 2016 operating and financial results. First quarter production averaged 124,224 boe per day and funds from operations were $150.1 million ($0.43 per share). ARC's unaudited Condensed Interim Consolidated Financial Statements and Notes ("financial statements"), as well as ARC's Management's Discussion and Analysis ("MD&A") for the three months ended March 31, 2016 and 2015, are [Read more]
battery
Blackbird Energy Inc. Announces Increase to Unit and CDE Flow-Through Share Financing from $20 Million to $25 Million and Filing of Amended and Restated Preliminary Prospectus
CALGARY, ALBERTA--(Marketwired - April 26, 2016) - Blackbird Energy Inc. ("Blackbird" or the "Company") (TSX VENTURE:BBI) is pleased to announce that it has filed an amended and restated preliminary short form prospectus in connection with a marketed public offering, through a syndicate of agents (the "Agents"), co-led by Dundee Securities Ltd. and Haywood Securities Inc., and including Scotia Capital Inc., Raymond James Ltd., Cormark Securities Inc. and Mackie Research Capital Corporation, of: [Read more]
Blackbird Energy Inc. Announces Unit and CDE Flow-Through Common Share Financing for Total Gross Proceeds of $20 Million
CALGARY, ALBERTA--(Marketwired - April 25, 2016) - Blackbird Energy Inc. ("Blackbird" or the "Company") (TSX VENTURE:BBI) is pleased to announce that it has filed a preliminary short form prospectus (the "Preliminary Prospectus") in connection with a marketed public offering, through a syndicate of agents (the "Agents"), co-led by Dundee Securities Ltd. and Haywood Securities Inc. (the "Co-Lead Agents"), of: (i) 120,000,000 units ("Units") of the Company at a price $0.15 per Unit, for gross [Read more]
Relentless Announces Financial and Operating Results for the Year Ended December 31, 2015
CALGARY, ALBERTA--(Marketwired - April 20, 2016) - Relentless Resources Ltd. (TSX VENTURE:RRL) ("Relentless" or "the Company") announces that it has issued and filed on SEDAR its December 31, 2015 audited financial statements and related MD&A. The Corporation has also filed on SEDAR its Form 51-101F1 - Statement of Reserves Data and Other Oil and Gas Information as of December 31, 2015; Form 51-101F2 - Report on Reserves Data by Independent Qualified Reserves Evaluator; and Form 51-101F3 - [Read more]
Traverse Energy Announces 2015 Year End Results
CALGARY, ALBERTA--(Marketwired - April 14, 2016) - Traverse Energy Ltd. ("Traverse" or "the Company") (TSX VENTURE:TVL) presents financial and operating results for the year ended December 31, 2015. Three Months Ended December 31 (unaudited) Year Ended December 31 Highlights 2015 2014 2015 2014 Financial ($ thousands, except per share amounts) Petroleum and natural gas revenue $ 3,172 $ 5,508 $ 12,882 $ 19,717 Cash provided by [Read more]
Private Company for Sale – No debt, 16 BOEPD – Includes Pembina GORR Assets
For Sale Small private Company producing about 16 BOEPD in the Pembina area which includes GORR interests and 5.25 Sections of Undeveloped Land targeting Viking, Glauconite, Ellerslie and Duvernay prospects. There are 2 Operated 100% WI oil wells, 3 non-operated WI oil wells, 9 GORR Cardium horizontal oil wells (operated by Sinopec) and a minor working interest in a central Oil Battery. The Company is tightly held and has no debt, no office lease or employment obligations. The Corporate [Read more]
Painted Pony Announces Further Capital Cost Reductions, Updated Hedges and Investor Conference Participation
CALGARY, April 6, 2016 /CNW/ - Painted Pony Petroleum Ltd. ("Painted Pony" or the "Corporation") (TSX: PPY) is pleased to announce further capital cost reductions which will reduce forecast 2016 capital spending. Additionally, Painted Pony has hedged incremental production volumes through 2016 and 2017 to reduce the impact of commodity price volatility as part of our active risk management program. AltaGas Ltd. ("AltaGas") has confirmed that the AltaGas Townsend Facility (the "Facility") is [Read more]
Blackbird Energy Inc. Executes Letter of Intent for the Transportation and Processing of Its Condensate-Rich Elmworth Natural Gas and Moves to Become a Canadian Producer
CALGARY, ALBERTA--(Marketwired - April 6, 2016) - Blackbird Energy Inc. ("Blackbird") (TSX VENTURE:BBI) is pleased to follow up its recent acquisition of firm sales gas takeaway in the Alliance pipeline system to the Chicago gas market by executing a Letter of Intent ("LOI") with a third party for the transportation and processing of sour natural gas produced from its condensate-rich Elmworth project. This critical step of establishing transportation and processing evolves Blackbird from an [Read more]
Ingenu and KONČAR Partner with Shell to Deliver Digital Oilfield Connectivity to Nigeria Pipeline Facility
Shell realizes $1 million savings on Internet of Things network infrastructure investment SAN DIEGO & ZAGREB, Croatia--(BUSINESS WIRE)--Ingenu, the pioneer in delivering connectivity exclusively to machines, and KONČAR INEM, a producer of industrial electronics and power electronics devices and systems, today announced the delivery of a robust Internet of Things (IoT) connectivity solution to provide digital oilfield capabilities to the Shell [Read more]
Shell Eco-marathon® Announces First World Championship Competition For UrbanConcept Vehicles
WINNING TEAM WILL EARN AN INVITE TO SPEND ONE WEEK WITH SCUDERIA FERRARI AT THEIR FACTORY IN ITALY DETROIT, March 29, 2016 /CNW/ -- In less than one month, more than 1,200 high school and university students from 129 teams across the Americas – Brazil, Canada, Ecuador, Guatemala, Mexico, Puerto Rico, and the United States – will return to the streets of downtown Detroit with a fleet of custom-built, ultra-energy efficient cars to compete in the 10th Shell Eco-marathon Americas. Student [Read more]
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