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CALGARY, Alberta, (May 22, 2012) WestFire Energy Ltd. (“WestFire” or the “Company”) (TSX:WFE) is pleased to announce that the Company has received approval for an increase in the borrowing base under its bank credit facility from $200 million to $250 million. The increase was unanimously approved by the existing lending syndicate led by the Alberta… Read More
First Quarter Results Produce Record Production CALGARY, ALBERTA–(Marketwire – May 14, 2012) – WestFire Energy Ltd. (“WestFire” or the “Company”) (TSX:WFE) today filed its interim unaudited Financial Statements and related Management’s Discussion and Analysis (“MD&A”) for the three months ended March 31, 2012 (the “Quarter”) on SEDAR. Selected financial and operational information is outlined below… Read More
CALGARY, ALBERTA–(Marketwire – May 8, 2012) – CanElson Drilling Inc. (“CanElson” or the “Corporation”) (TSX:CDI) announces first quarter financial results, additional committed rig builds and declares first quarter dividend. FIRST QUARTER 2012 HIGHLIGHTS: Services revenue $65.6 million (2011: $40.9 million) Canadian utilization of 73% (2011: 82%) United States utilization of 83% (2011: 94%) Gross profit… Read More