CALGARY, ALBERTA--(Marketwired - July 10, 2014) - Inter Pipeline Ltd. ("Inter Pipeline") (TSX:IPL) announced today the execution of binding commercial agreements supporting a $100 million expansion of its Mid-Saskatchewan pipeline system. In aggregate, the new agreements are expected to generate approximately $25 million to $30 million in incremental EBITDA on an annual basis. Five oil producers have entered into ship or pay contracts to backstop the project with terms ranging from 4 to 10 [Read more]
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Sunshine Oilsands Ltd.: Appointment Of Non-Executive Director And Independent Non-Executive Director Resignation Of Co-Chairman
CALGARY, Alberta and HONG KONG, June 27, 2014 /CNW/ - The board of directors (the "Board") of Sunshine Oilsands Ltd. (the "Corporation") announces that Mr. Songning Shen has resigned as Co-Chairman of the Corporation with effect from 27 June 2014, but shall remain on the Board as a non-executive director. Mr. Shen has confirmed that he has no disagreement with the Board and there are no matters relating to his resignation as Co-Chairman that need to be brought to the attention of the [Read more]
Kelt Enters Into an Agreement to Acquire Strategic Montney Assets in Its Core Area Near Grande Prairie
CALGARY, ALBERTA--(Marketwired - June 16, 2014) - Kelt Exploration Ltd. ("Kelt" or the "Company") (TSX:KEL) has entered into an agreement to acquire a private Canadian oil and gas company with crude oil and natural gas assets located at Valhalla/La Glace, adjacent to the Company's core producing areas at Pouce Coupe and Spirit River in west central Alberta. The acquisition is subject to standard industry closing conditions and closing is expected to occur on or around July 2, 2014. The [Read more]
Ironhorse Announces Q1 2014 Financial and Operating Results
CALGARY, May 28, 2014 /CNW/ - Ironhorse Oil & Gas Inc. ("Ironhorse" or the "Company") (TSX-V: IOG) announces its financial and operating results for the three months ended March 31, 2014 and provides an operational update on activities to date this year as well as an outlook for the remainder of 2014. Financial and Operation Summary The Company's working capital position remained strong with positive working capital of $2.2 million at March 31, 2014 compared to $2.9 million at December 31, [Read more]
Traverse Energy Announces 2014 First Quarter Results
CALGARY, ALBERTA--(Marketwired - May 15, 2014) - Traverse Energy Ltd. ("Traverse" or "the Company") (TSX VENTURE:TVL) presents financial and operating results for the three months ended March 31, 2014. Three Months Ended Highlights (unaudited) March 31, 2014 December 31, 2013 March 31, 2013 Financial ($ thousands, except per share amounts) Petroleum and natural gas revenue 4,535 4,055 2,761 Cash flow from operating [Read more]
Marquee Energy Ltd. announces first quarter 2014 financial results with record funds flow and production
CALGARY, May 15, 2014 /CNW/ - Marquee Energy Ltd. ("Marquee" or the "Company") (TSXV: "MQL") (OTCQX: MQLXF) is pleased to provide its first quarter 2014 operating and financial results. The Company's consolidated financial statements as at March 31, 2014 and for the three months then ended and management's discussion and analysis for the three months ended March 31, 2014 are available on SEDAR at www.sedar.com and on Marquee's website at www.marquee-energy.com. Financial and Operational [Read more]
DeeThree Exploration Ltd. Announces 2014 First Quarter Financial and Operating Results and Tenth Consecutive Quarter of Growth
CALGARY, ALBERTA--(Marketwired - May 15, 2014) - DEETHREE EXPLORATION LTD. ("DeeThree") ("Company") (TSX:DTX)(OTCQX:DTHRF) is pleased to release an operational update and its financial and operational results for the quarter ended March 31, 2014. FINANCIAL AND OPERATIONAL HIGHLIGHTS Financial and operational highlights for the interim period ended March 31, 2014 with comparative data for 2013 are set out below and should be read in conjunction with the financial statements and related [Read more]
Bonterra Energy Corp. Announces First Quarter 2014 Results
CALGARY, ALBERTA--(Marketwired - May 14, 2014) - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) is pleased to announce its operating and financial results for the three months ended March 31, 2014. The related unaudited condensed financial statements and notes, as well as management's discussion and analysis, are available on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com and on Bonterra's website at [Read more]
RMP Energy Announces Record Quarterly Cash Flow and Production
CALGARY, ALBERTA--(Marketwired - May 14, 2014) - RMP Energy Inc. ("RMP" or the "Company") (TSX:RMP) is pleased to announce for the three months ended March 31, 2014 a record level of funds from operations of $35.5 million ($0.30 per basic share) on revenue of $56.5 million and average daily production of 9,229 barrels of oil equivalent (60% light oil and NGLs weighted). Detailed first quarter results are as follows: Financial Highlights Quarterly Summary (thousands except share [Read more]
Chinook Energy Announces First Quarter 2014 Results and Provides an Operational Update
CALGARY, ALBERTA--(Marketwired - May 13, 2014) - Chinook Energy Inc. ("our", "we", "us" or "Chinook") (TSX:CKE) is pleased to announce its first quarter financial and operating results as well as provide an operational update. Operational and financial highlights for the three months ended March 31, 2014 are noted below and should be read in conjunction with our condensed consolidated financial statements for the three months ended March 31, 2014 and 2013 and related management's discussion [Read more]
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