CALGARY, ALBERTA--(Marketwired - March 18, 2015) - RMP Energy Inc. ("RMP" or the "Company") (TSX:RMP) is pleased to report for the year ended December 31, 2014 record financial and operating results including funds from operations of $164.1 million ($1.36 per basic share) on revenue of $265.9 million and average daily production of 11,782 barrels of oil equivalent. Detailed fourth quarter and annual results are as follows: Financial Results Three Months Ended Twelve Months [Read more]
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Whitecap Resources Inc. Increases Viking Light Oil Exposure, Announces $110 Million Financing and Provides Increased 2015 Guidance
CALGARY, ALBERTA--(Marketwired - March 18, 2015) - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX:WCP) is pleased to announce that it has entered into an arrangement agreement (the "Arrangement Agreement") providing for the acquisition by Whitecap of all the issued and outstanding common shares of Beaumont Energy Inc. ("Beaumont"). Under the terms of the Arrangement Agreement, Beaumont shareholders will receive 0.40 of a Whitecap common share for each Beaumont share, with an option [Read more]
Canamax Announces 111% Increase in Proven Plus Probable Reserves During Period Ended December 31, 2014, and Provides Update on Significant New Wapiti Well and Bank Loan Facility
CALGARY, AB--(Marketwired - March 17, 2015) - Canamax Energy Ltd. ("Canamax" or the "Company") (TSX VENTURE: CAC) is pleased to announce the results of its December 31, 2014 oil and gas reserves evaluation and provide updates on the Company's recently completed horizontal well at Wapiti and bank loan facility. Canamax's reserves were evaluated at December 31, 2014 to reflect the year-end change from the Company's previous February 28, 2014 year-end to December 31, 2014. The significant [Read more]
Tamarack Valley Energy Ltd. Announces 78% Increase to Reserves and Record Fourth Quarter Production
CALGARY, ALBERTA--(Marketwired - March 12, 2015) - Tamarack Valley Energy Ltd. (TSX VENTURE:TVE) ("Tamarack" or the "Company") is pleased to announce the results of its independent reserves evaluation as of December 31, 2014, which includes a 78% increase in proved plus probable ("2P") reserves to 33.236 mmboe, a three year proved plus probable finding, development and acquisition cost average of $25.74/boe and a recycle ratio of 1.5 using 2014 netbacks of $38.92/boe. The Company is also pleased [Read more]
Seven Generations Announces 2014 Financial and Operating Results and Updated Reserves
CALGARY, March 10, 2015 /CNW/ - Seven Generations Energy Ltd. ("7G" or the "Company") (TSX: VII) reports its operating and financial results for the fourth quarter of 2014 and year ended December 31, 2014. "2014 was a fantastic year. Our IPO was successful. We had significant growth of production, reserves and cash flow. We increased our well length, opening the door to improved economics with a reduced environmental footprint. We continued to advance the Kakwa River Project with community [Read more]
Crew Energy Inc. Announces Fourth Quarter and Full Year 2014 Financial and Operating Results
CALGARY, ALBERTA--(Marketwired - March 9, 2015) - Crew Energy Inc. (TSX:CR) of Calgary, Alberta ("Crew" or the "Company") is pleased to announce our operating and financial results for the three and twelve month periods ended December 31, 2014. Our full audited consolidated Financial Statements and Notes, as well as Management's Discussion and Analysis ("MD&A") for the year ended December 31, 2014 are available on Crew's website and will be filed on SEDAR. 2014 HIGHLIGHTS Our fourth [Read more]
Legacy Oil + Gas Inc. announces over 31% increase in 2014 year-end reserves and provides operational update
CALGARY, March 5, 2015 /CNW/ - Legacy Oil + Gas Inc. ("Legacy" or the "Company") (TSX: LEG) is pleased to announce its 2014 year-end reserves and provide an operational update. The financial and operational information contained below is based on the Company's unaudited expected results for the year ended December 31, 2014 and final audited results may vary. HIGHLIGHTS Three year weighted average total proved plus probable finding and development costs ("F&D") (including changes in [Read more]
DeeThree Exploration Announces 2014 Year End Reserves and Provides Operations Update
CALGARY, ALBERTA--(Marketwired - March 5, 2015) - DEETHREE EXPLORATION LTD. ("DeeThree" or the "Company") (TSX:DTX)(OTCQX:DTHRF) is pleased to report its 2014 year end oil and gas reserves. At December 31, 2014 DeeThree has increased its proved plus probable reserves by 31% to 51.8 mmboe as compared to the prior year. DeeThree's reserve additions were predominately a result of the successful 2014 drilling program. RESERVE HIGHLIGHTS Total proved plus probable reserves increased 31% to [Read more]
Blackbird Energy Announces Two Significant Condensate and Liquids-Rich Gas Discoveries at Elmworth
CALGARY, ALBERTA--(Marketwired - March 4, 2015) - Blackbird Energy Inc. ("Blackbird") (TSX VENTURE:BBI) is very pleased to announce that its first two operated horizontal Montney wells, which are located at 06-26-70-07-W6 ("06-26") and 05-26-70-07W6 ("05-26") on Blackbird's 69 section land block at Elmworth, Alberta, Canada, have been successfully completed and tested. The 06-26 and 05-26 wells were drilled into the Middle Montney and Upper Montney intervals respectively, and both wells [Read more]
Bonavista Energy Corporation Announces 2014 Fourth Quarter and Year End Results
CALGARY, ALBERTA--(Marketwired - Feb. 26, 2015) - Bonavista Energy Corporation (TSX:BNP) is pleased to report to shareholders its results for the fourth quarter and year ended December 31, 2014. Highlights include fourth quarter production growth of 14% to a record 85,810 boe per day, 15% reduction in cash costs to $10.99 per boe and a 10% improvement in annual FD&A costs to $9.94 per boe. Bonavista's Audited Consolidated Financial Statements and Notes, as well as Bonavista's Management's [Read more]
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