EP Energy Reports 2012 Proved Reserves and Provides 2013 Outlook — Significant Oil Growth Continues
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HOUSTON, TX -- (Marketwire) -- 02/07/13 --Proved reserves of 625 million barrel of oil equivalent (Boe), including 261 million barrels of oil -- a 43 percent increase in oil from 2011Reserve value increased to $7.3 billion -- up from $7.0 billion in 2011Oil and liquids represent approximately 50 percent of…
Scorpio Tankers Inc. Announces Agreement to Construct Four Handymax Ice Class-1A Newbuildings
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MONACO -- (Marketwire) -- 02/07/13 -- Scorpio Tankers Inc. (NYSE: STNG) (the "Company") announced today that it has exercised options with Hyundai Mipo Dockyard Co., Ltd. of South Korea ("HMD") for the construction of four Handymax ice class-1A (37,000 DWT) product tankers for approximately $30 million each. These vessels…
Forbes Recognizes Cimation as One of America–s Most Promising Companies
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HOUSTON, TX -- (Marketwire) -- 02/07/13 -- , a global leader in automation, industrial IT and enterprise data solutions, is pleased to announce its inclusion in Forbes-- second annual list. At number 22, Cimation is the only consulting company for energy companies ranked in the list--s top 25.Additionally,…
Luminart Corp. (PINKSHEETS: LUMP) Year End Summary of Operations for 2012
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STANLEY, ND -- (Marketwire) -- 02/07/13 -- Luminart Corp. (PINKSHEETS: LUMP) closed out the year with some major accomplishments and substantial gains. In January of 2012, Luminart acquired complete ownership of White Star Sand & Gravel which added approximately $4M to the revenue base. White Star also expanded the…
Tamarack Valley Energy Ltd. Announces Record 2012 Exit Production, Fourth Quarter Drilling Results and 2013 Guidance
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CALGARY, ALBERTA -- (Marketwire) -- 02/07/13 -- Tamarack Valley Energy Ltd. (TSX VENTURE: TVE) ("Tamarack" or the "Company") is pleased to provide an update on its year end results, 2012 fourth quarter Redwater Viking oil drilling program and 2013 Guidance.Tamarack is pleased to announce, based on field estimates…
Major Projects Planned in Papua New Guinea Represent More Than $38 Billion in Investment Value, an Industrial Info News Alert
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PERTH, AUSTRALIA -- (Marketwire) -- 02/07/13 -- Researched by Industrial Info Resources Australia (Perth, Australia) -- Mineral deposits in Papua New Guinea (PNG), including oil, copper and gold, represent a major potential in export earnings. Industrial Info is currently tracking 42 projects in PNG, which total more than $38…
Bonterra Energy Corp. Provides Corporate Reserve Information on the Spartan Acquisition, Pro Forma Reserves Summary and Additional Updates
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CALGARY, ALBERTA -- (Marketwire) -- 02/06/13 -- Bonterra Energy Corp. (Bonterra) () (TSX: BNE) reports the results of the independent reserve report prepared by Sproule Associates Limited with an effective date of December 31, 2012 for Spartan Oil Corp.; provides a pro forma reserves summary; updates its 2013…
Morumbi Resources Announces Closing of Private Placement
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TORONTO, ONTARIO -- (Marketwire) -- 02/06/13 -- Morumbi Resources Inc. (TSX VENTURE: MOC) ("Morumbi" or the "Company"). Further to its recently issued press release on January 31, 2013 announcing the closing of a non-brokered private placement offering (the "Offering") for gross proceeds of $165,025, the Company would like…
Hanwei Energy Services Reports Third Quarter Fiscal 2013 Financial and Operational Results
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VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/06/13 -- Hanwei Energy Services Corp. (TSX: HE) -Hanwei Energy Services Corp. ("Hanwei" or the "Company") today reported its financial results for the quarter ended December 31, 2012 (the "Reporting Period"). All amounts are in Canadian Dollars unless otherwise noted.Financial HighlightsFor the…
Angle Energy Reports 113% Increase in Light Oil Reserves, Announces New Independent Director
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CALGARY, ALBERTA -- (Marketwire) -- 02/06/13 -- Angle Energy Inc. ("Angle" or the "Company") (TSX: NGL) announces a significant increase to its 2012 year-end oil reserves and top tier capital efficiencies in its oil reserve additions. The Company also announces the addition of M. Scott Bratt, an experienced…