Solid Production, Successful Well Results and a Low Cost Structure at Glacier Drives Strong Operating Efficiencies (TSX: AAV, NYSE: AAV) CALGARY, March 27, 2013 /CNW/ - Advantage Oil & Gas Ltd. ("Advantage" or the "Corporation") is pleased to announce the financial and operating results for the year ended December 31, 2012 and the accompanying Corporate reserves as of December 31, 2012. The following press release summarizes and discusses the unconsolidated financial and operating [Read more]
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Longview Announces 2012 Year End Financial Results and Independent Reserve Report
Reserve Additions Replace 118% of Production and Supports Dividend Sustainability (TSX:LNV.TO) CALGARY, March 27, 2013 /CNW/ - Longview Oil Corp. ("Longview" or the "Corporation") is pleased to announce the financial and operating results for the year ended December 31, 2012 and the accompanying reserves as of December 31, 2012. Three months ended Year ended December 31, December 31, 2012 2011 2012 2011 [Read more]
Invicta Energy Corp. Announces Profitable Year End Financial and Operating Results for 2012
CALGARY , March 22, 2013 /CNW/ - Invicta Energy Corp. ("Invicta" or the "Company") (VCA.V) is pleased to report its financial and operating results for year ended December 31, 2012. Invicta's audited financial statements and related management's discussion and analysis for three months and year ended December 31, 2012 have been filed and are available on the SEDAR website at www.sedar.com and may also be obtained on Invicta's website at www.invictaenergy.ca. During 2012 Invicta continued the [Read more]
Advantage Announces Glacier December 31, 2012 Reserves
1032% of Production Replaced by Glacier Reserves Additions at an all-in F&D cost of $4.41/boe ($0.73 mcf) (TSX: AAV, NYSE: AAV) CALGARY, March 13, 2013 /CNW/ - Advantage Oil & Gas Ltd. ("Advantage" or the "Corporation") is pleased to announce the December 31, 2012 reserves for our Montney resource property at Glacier, Alberta ("Glacier") (see page 5 "Independent Reserve Evaluator"). Glacier 2012 Reserve Highlights Advantage's 2012 Glacier capital program replaced 1032% of [Read more]
Bellatrix Exploration Ltd. Announces Year End 2012 Financial Results
TSX, NYSE MKT: BXE CALGARY, March 7, 2013 /PRNewswire/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE MKT: BXE) announces its financial and operating results for the year ended December 31, 2012. Forward-Looking Statements This press release, including the report to shareholders, contains forward-looking statements. Please refer to our cautionary language on forward-looking statements and the other matters set forth at the beginning of the management's discussion [Read more]
Baytex Delivers Record Production And Strong Reserve Growth In 2012
CALGARY, ALBERTA--(Marketwire - Mar 7, 2013) - Baytex Energy Corp. ("Baytex") (BTE.TO) (BTE) reports its operating and financial results for the three months and year ended December 31, 2012 (all amounts are in Canadian dollars unless otherwise noted). Commenting on the results, James Bowzer, President and Chief Executive Officer of Baytex, said, "2012 was another very successful year for Baytex. In an environment which was especially challenging for heavy oil producers, Baytex was able to [Read more]
Chinook Energy Inc. Announces Its December 31, 2012 Reserves and Operations Update
CALGARY, ALBERTA--(Marketwire - Feb. 26, 2013) - Chinook Energy Inc. ("Chinook" or the "Company") (CKE.TO) today announced the results of its year-end reserve evaluations effective December 31, 2012 as prepared by its independent evaluators. The Company has also provided certain unaudited year-end financial information and an operations update. Chinook's audit of its 2012 annual consolidated financial statements is not yet complete and accordingly all financial amounts referred to in this news [Read more]
Painted Pony Petroleum Provides Operations Update on Montney Gas and Light Oil Projects
CALGARY, ALBERTA--(Marketwire - Feb 12, 2013) - Painted Pony Petroleum Ltd. ("Painted Pony" or the "Company") (TSX VENTURE:PPY) is pleased to provide the following operations update and drilling activity forecast for 2013. HIGHLIGHTS fourth quarter 2012 field-estimated sales averaged 7,290 boe/d (76% weighted to gas); a 40% increase over fourth quarter 2011; field-estimated sales for January 2013 averaged 8,100 boe/d (77% weighted to gas); a 27% increase over January 2012; successful [Read more]
Chinese could shift energy investments to forestry, mining: ambassador
By Bob Weber EDMONTON - Canada's ambassador to China says money from the Asian country is likely to keep pouring into Canadian resource projects. But Guy Saint-Jacques also says he thinks those dollars will increasingly flow into mining and forestry as well as energy development. "I expect that the interest will increase on the mining side," he said in an interview with The Canadian Press after speaking to an audience at the University of Alberta on Monday. "What I expect [Read more]
Invicta reports 78% increase in oil reserves in 2012
Invicta Energy Corp ("Invicta" or the "Company") is pleased to announce the results of its independent reserve evaluation prepared by Fekete Associates Inc. ("Fekete") in accordance with National Instrument 51-101 - Standards of Disclosure for Oil and Gas Activities ("NI 51-101") and dated effective December 31, 2012, evaluating the Company's crude oil, natural gas liquids and natural gas reserves (the "Report"). The Report is primarily based on 34 gross (20 net) producing light oil wells at [Read more]