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Hyperion Exploration Corp. Announces Fourth Quarter and Year Ended December 31, 2013 Financial Results and Operations Update

CALGARY, ALBERTA--(Marketwired - April 24, 2014) - Hyperion Exploration Corp. ("Hyperion" or the "Company") (TSX VENTURE:HYX) announces it has filed on SEDAR its audited annual financial statements, related Management's Discussion and Analysis ("MD&A) and Annual Information Form ("AIF") for the year ended December 31, 2013. The financial statements, MD&A and AIF will be available for review at www.sedar.com or www.hyperionexploration.com. Financial and Operational [Read more]

Century Energy Ltd. Announces Agreement to Sell Vawn Assets

CALGARY, ALBERTA--(Marketwired - April 8, 2014) - Century Energy Ltd. ("Century") (TSX VENTURE:CEY) announces the sale of the Vawn Heavy Oil assets, subject to shareholder and regulatory approval. Century has entered into a sale and conveyance agreement with an arm's length party of its right, title, estate and interest in and to the Vawn Heavy Oil assets located in the Edam area of Saskatchewan for cash consideration of $475,000. Following closing of the transaction, Century plans to seek [Read more]

Hyperion Exploration Corp. Announces 2013 Year End Reserves, and Development Update for the Niton/McLeod Cardium Light Oil Play

CALGARY, ALBERTA--(Marketwired - April 2, 2014) - Hyperion Exploration Corp. ("Hyperion" or the "Company") (TSX VENTURE:HYX) announces its 2013 year end reserves and a development update for its Niton/McLeod Cardium light oil play. Certain financial estimates have been made herein to facilitate the disclosure of the Company's 2013 capital program and reserves. Readers are advised that these financial estimates are subject to the disclosure to be contained in the audited financial statements of [Read more]

Spartan Energy Corp. Announces Completion of Business Combination With Renegade Petroleum Ltd. and 2014 Capital Budget

CALGARY, ALBERTA--(Marketwired - March 31, 2014) - Spartan Energy Corp. ("Spartan" or the "Company") (TSX VENTURE:SPE) is pleased to announce it has completed the previously announced business combination with Renegade Petroleum Ltd. ("Renegade") whereby Spartan has acquired all of the issued and outstanding common shares (the "Renegade Shares") of Renegade by way of a plan of arrangement under the Business Corporations Act (Alberta) (the "Arrangement"). On March 31, 2014, the Arrangement was [Read more]

Longview Announces 2013 Year End Financial Results and Independent Reserve Report

CALGARY, March 27, 2014 /CNW/ - Longview Oil Corp. ("Longview" or the "Corporation") (TSX: LNV) announces the financial and operating results for the year ended December 31, 2013 and the accompanying reserves as of December 31, 2013. Three months ended   Year ended   December 31,   December 31,   2013   2012   2013   2012         Financial ($000, except as otherwise indicated) [Read more]

Cardinal Energy Ltd. 2013 Year End Reserves Results and Drilling Update

CALGARY, ALBERTA--(Marketwired - March 27, 2014) - Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX:CJ) is pleased to report its year end 2013 reserves results and to provide an update of the production results from its first two horizontal wells in Bantry. Reserve Highlights Year over year, proved developed producing reserves increased to 12,500 Mboe (86% oil) an increase of 67% per fully diluted share. Total proved reserves increased to 13,748 Mboe (86% oil) or 79% per fully [Read more]

Chinook Energy Announces Year End 2013 Results

CALGARY, ALBERTA--(Marketwired - March 25, 2014) - Chinook Energy Inc. ("our", "we", "us" or "Chinook") (TSX:CKE) is pleased to announce its audited year end financial results as well as certain year end operational results. The audited financial results presented herein are consistent with the unaudited financial results announced in our news release issued on February 26, 2014. We will file later this evening our audited consolidated financial statements for the years ended December 31, 2013 [Read more]

Little evidence of high cancer rates in oilsands community: government study

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EDMONTON - An Alberta government study hasn't found any overall evidence of high cancer rates in Fort Chipewyan downstream from the oilsands. The study has found high levels of two forms of the disease in the community. Fort Chip has worried for years about whether living downstream from oilsands developments is affecting the health of residents. A previous Alberta Cancer Board study found higher-than-normal rates of several rare cancers. Those included bile duct cancer — a finding [Read more]

B.C. water permits for natural gas fracking illegal, lawsuit alleges

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VANCOUVER - Environmental advocates say the B.C. government has been illegally granting natural gas companies repeated short-term approvals, allowing them to use large quantities of fresh water for years without obtaining full water licences.The Western Canada Wilderness Committee and the Sierra Club of B.C. are in a Vancouver court today asking it to throw out the short term approvals granted for water use for natural gas extraction known as hydraulic fracturing, or fracking.Under provincial [Read more]

Baytex Reports Record Production and Funds from Operations and Strong Reserve Growth for 2013

CALGARY, ALBERTA--(Marketwired - March 13, 2014) - Baytex Energy Corp. (TSX:BTE)(NYSE:BTE) ("Baytex") reports its operating and financial results for the three months and year ended December 31, 2013 (all amounts are in Canadian dollars unless otherwise noted). "2013 was an exceptional year as Baytex delivered its highest level of funds from operations and reached a record level of annual production while growing proved plus probable reserves by 9%, all in a challenging year for heavy oil [Read more]