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Last updated on April 23, 2014 at 1:22 EDT

Latest heavy oil Stories

2014-03-13 04:20:30

TSX, NYSE MKT: BXE CALGARY, March 13, 2014 /PRNewswire/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE MKT: BXE) announces its financial and operating results for the year ended December 31, 2013. 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...

2014-03-05 20:20:42

CALGARY, March 5, 2014 /PRNewswire/ - (TSX:PMT) - Perpetual Energy Inc. ("Perpetual" or the "Corporation") is pleased to report its fourth quarter and year end 2013 financial and operating results. Overall results show significant gains from 2012, highlighting positive operational and financial momentum in our key diversifying strategies at Mannville for heavy oil and in the Greater Edson area for liquids-rich natural gas. A complete copy of Perpetual's audited consolidated...

2014-02-04 20:21:23

CALGARY, Feb. 4, 2014 /PRNewswire/ - (TSX:PMT) - Perpetual Energy Inc. ("Perpetual", the "Corporation" or the "Company") is pleased to release a summary of the Company's year-end 2013 reserves as reported by the independent engineering firm McDaniel and Associates Consultants Ltd. ("McDaniel"). Overall, the results of Perpetual's capital investment program in 2013 were extremely positive, with reserve additions replacing production by close to 2.5 times. The majority of the 2013...

2013-11-08 00:20:25

CALGARY, Nov. 7, 2013 /PRNewswire/ - (TSX:PMT) - Perpetual Energy Inc. ("Perpetual" or the "Corporation") is pleased to release its financial and operating results for the three and nine months ended September 30, 2013. A complete copy of Perpetual's unaudited interim consolidated financial statements and related notes and management's discussion and analysis for the three and nine months ended September 30, 2013 and 2012 can be obtained through the Corporation's website at...

2013-11-07 04:21:35

TSX, NYSE MKT: BXE CALGARY, Nov. 7, 2013 /PRNewswire/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE MKT: BXE) announces its financial and operating results for the three and nine months ended September 30, 2013. 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...

2013-08-08 04:20:38

TSX, NYSE MKT: BXE CALGARY, Aug. 8, 2013 /PRNewswire/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE MKT: BXE) announces its financial and operating results for the three and six months ended June 30, 2013. 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...

2013-03-07 04:21:48

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...

2013-02-14 08:22:46

CALGARY, Feb. 14, 2013 /PRNewswire/ - PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE - PWE) ("PENN WEST") is pleased to announce its results for the fourth quarter ended December 31, 2012 and year-end reserve results. All figures are in Canadian dollars unless otherwise stated. ------------------------------ We are committed to maximizing the efficiency of our capital programs and the reliability of our production base while continuing to improve the company's balance sheet. We have...

2012-11-08 04:21:27

TSX, NYSE MKT: BXE CALGARY, Nov. 8, 2012 /PRNewswire/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE MKT: BXE) announces its financial and operating results for the three and nine months ended September 30, 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...

2012-01-19 02:49:00

PARIS, January 19, 2012 /PRNewswire/ -- Upon the sale of Hocol to Ecopetrol in early 2009, the Group had wanted to keep exploration potential in Colombia. Applying their technical and strategic vision, Maurel & Prom's teams selected four exploration permits. In 2009 and 2010, geological and geophysical studies, seismic acquisition and drilling campaigns were carried out leading to the discovery of the Sabanero field. The results of the studies carried out based...