CALGARY, ALBERTA--(Marketwired - Dec. 19, 2013) - Chinook Energy Inc. (TSX:CKE) ("Chinook", "we", "our" or "us") announced today its capital and operating budget and associated guidance for 2014. Our 2013 drilling success in the Beaverlodge, Albright and Karr areas added significant oil production volumes to our Canadian business which has a multi-year development drilling inventory and an expandable cash flow based 2014 budget. In Tunisia, we recently received approval to drill six (4.3 net) [Read more]
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Crew Energy Announces 2014 Capital Budget Focused on Long Term Montney Growth
CALGARY, ALBERTA--(Marketwired - Dec. 16, 2013) - Crew Energy Inc. ("Crew" or the "Company") (TSX:CR) is pleased to announce that its Board of Directors has approved a $246 million capital program for 2014 focused on the development of liquids rich natural gas at Septimus, British Columbia and light oil at Tower, British Columbia. The program is designed to provide a platform for long-term profitable growth and to further delineate Crew's northeast British Columbia Montney resource with over 15 [Read more]
RMP Energy Announces 2014 Capital Budget and Business Plan and Provides Updated Reserves Information
CALGARY, ALBERTA--(Marketwired - Dec. 12, 2013) - RMP Energy Inc. ("RMP" or the "Company") (TSX:RMP) is pleased to announce its 2014 Capital Budget and Business Plan and provide updated reserves information. 2014 Capital Budget and Business Plan The Company's Board of Directors has approved an exploration and development expenditures program of $130 million for 2014 (the "2014 Capital Budget"). The 2014 Capital Budget is anticipated to be fully funded by internally-generated [Read more]
Crescent Point Energy Exceeds 2013 Exit Production Guidance and Announces $1.75 Billion Capital Expenditures Budget for 2014
CALGARY, ALBERTA--(Marketwired - Dec. 3, 2013) - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) is pleased to announce that it surpassed its 2013 exit guidance of 124,000 boe/d in November. "We've had a record year and have beaten our targets every quarter. When you look at our outperformance in 2012 and 2013, a lot of it is due to the advancements in technology that we've made as a company and our consistent push to improve our completions techniques," said [Read more]
Pinecrest Energy Inc. announces its 2013 third quarter results
TSX Venture Exchange: PRY CALGARY, Nov. 27, 2013 /CNW/ - Pinecrest Energy Inc. ("Pinecrest" or the "Company") announces that it has filed on SEDAR its unaudited financial statements and related Management's Discussion and Analysis ("MD&A") for the three and nine months ended September 30, 2013. The statements will be available for review at www.sedar.com or www.pinecrestenergy.com. THIRD QUARTER 2013 HIGHLIGHTS The following update highlights operational matters undertaken by Pinecrest [Read more]
Lightstream Announces 2014 Capital Plan and Production Guidance
CALGARY, ALBERTA--(Marketwired - Nov. 21, 2013) - Lightstream Resources Ltd. ("Lightstream" or the "Company") (TSX:LTS), is pleased to announce our strategic plan and 2014 capital program and production guidance. Strategic Plan Our 2014 plans represent the next step in our multi-year effort to improve our long-term sustainability and capacity to deliver growth plus yield for our shareholders. In 2014, we will focus on improving our sustainability ratio (cash outflows to cash [Read more]
Whitecap Resources Inc. Increases Viking Light Oil Exposure, Announces Dividend Increase and Provides Increased 2014 Guidance
CALGARY, Nov. 20, 2013 /CNW/ - 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 a private company ("PrivateCo") for total consideration of 27,535,867 Whitecap common shares (the "Transaction"). Whitecap will also be assuming the working capital surplus of PrivateCo, estimated at $3.0 [Read more]
Hemisphere Energy Announces Third Quarter 2013 Results
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 19, 2013) - Hemisphere Energy Corporation (TSX VENTURE:HME) ("Hemisphere") is pleased to announce its financial and operating results for the three and nine months ended September 30, 2013. Q3 2013 Highlights Achieved highest quarterly production rate of 461 boe/d with an 82% oil and NGL weighting. Generated record revenue of $3.2 million which represents a 56% increase over the comparable quarter of 2012 and [Read more]
Hemisphere Energy Closes Atlee Buffalo Acquisition and Reports Record Production
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 18, 2013) - Hemisphere Energy Corporation (TSX VENTURE:HME) ("Hemisphere") is pleased to announce that it has closed the previously announced $3.35 million acquisition of oil and gas assets in the Atlee Buffalo area of southeast Alberta from an intermediate Canadian producer effective June 1, 2013 (the "Atlee Buffalo Acquisition"). The Atlee Buffalo Acquisition provides Hemisphere with an opportunity to apply its technical experience and [Read more]
Chinook Energy Inc. Announces its Third Quarter Financial and Operational Results and Provides an Operational Update, 2014 Guidance and Management Changes
CALGARY, ALBERTA--(Marketwired - Nov. 14, 2013) - Chinook Energy Inc. (TSX:CKE) ("our", "we" or "us") today announced our third quarter financial and operational results and provided an operational update, 2014 guidance and management changes. We have filed our unaudited consolidated financial statements for the three and nine months ended September 30, 2013 and 2012 and related management's discussion and analysis ("MD&A") on the SEDAR website (www.sedar.com) and our website [Read more]
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