GLJ in the News

Penn West Exploration Announces its Financial Results for the Fourth Quarter Ended December 31, 2011

Thu, 02/16/2012 - 11:42
CALGARY, February 16, 2012 /PRNewswire/ - PENN WEST PETROLEUM LTD. (TSX: PWT) (NYSE: PWE) ("PENN WEST") is pleased to announce its results for the fourth quarter ended December 31, 2011 Penn West has the largest light-oil asset base in Canada with the greatest leverage to the...

Parex Resources Announces 2011 Year-End Reserves and Provides Operational Update

Wed, 02/15/2012 - 22:40
CALGARY, ALBERTA--(Marketwire - Feb. 15, 2012) -

Insignia Energy Announces its 2011 Year End Crude Oil and Natural Gas Reserves

Wed, 02/15/2012 - 12:30
Insignia Energy Announces its 2011 Year End Crude Oil and Natural Gas Reserves

FirstEnergy Capital Corp.

Wed, 02/15/2012 - 09:57
GLJ Petroleum Consultants Ltd. ("GLJ") has assigned Total Proved reserves of 10.9 ... Reserves as at October 31, 2011 as per GLJ Petroleum Consultants using ...
www.firstenergy.com/page.php?p_id=11&s_id...

Rock Energy Announces Sale of remaining Montney Natural Gas Assets at Elmworth

Wed, 02/15/2012 - 03:42
Rock Energy Announces Sale of remaining Montney Natural Gas Assets at Elmworth

Angle Energy Inc. Provides Operational Update, Reserve Report and 2012 Guidance

Mon, 02/13/2012 - 12:00
CALGARY, ALBERTA-- - Angle Energy Inc. is pleased to provide shareholders with the following activity updates and Corporate information.HIGHLIGHTS--  At Harmattan, Angle's second 100% working interest Cardium light oil    well has yielded an average first week flowing production rate of 745    boe/d, 91% light oil and 9% gas. Angle's first 100% working interest    Cardium well previously ...

Eagle Energy Trust Announces 2011 Year End Reserves

Fri, 02/10/2012 - 14:00
CALGARY, ALBERTA-- - Eagle Energy Trust is pleased to announce the results of the December 31, 2011 independent reserves evaluation of its subsidiary . The reserves evaluation was conducted by GLJ Petroleum Consultants effective December 31, 2011 and prepared in accordance with National Instrument 51-101 ...

Rock Energy Announces Sale of Natural Gas Assets, Operating Results for 2011 and an Approved Capital Budget for 2012

Fri, 02/10/2012 - 02:24
CALGARY, ALBERTA-- - Rock Energy Inc. is pleased to announce that today it has entered into a purchase and sale agreement and closed the sale of some of its Montney natural gas assets at Elmworth to a Canadian oil and gas producer for gross proceeds of $36 million. FirstEnergy Capital Corp. acted as ...

Crocotta Energy Provides 2012 Guidance and Operational Update

Thu, 02/09/2012 - 11:00
CALGARY, ALBERTA-- - Crocotta Energy Inc. is pleased to announce 2012 Guidance and Operations Update.CAPITAL PROGRAM AND GUIDANCECrocotta has approved a budget that entails spending approximately $87 million in 2012 with over 90% focused on oil and liquids-rich natural gas. Crocotta estimates average ...

Gran Tierra Energy Announces 2011 Year-End Reserves

Mon, 02/06/2012 - 12:00
Gran Tierra Energy Announces 2011 Year-End Reserves

MEG Energy reports record production for fourth quarter of 2011: stage set for continuing strong performance in 2012

Thu, 02/02/2012 - 10:00
MEG Energy reports record production for fourth quarter of 2011: stage set for continuing strong performance in 2012

Fairborne Announces Agreement to Sell Clive D2 and D3 Unit <b>...</b>

Tue, 01/31/2012 - 22:03
Reserves attributed to the Assets, based on Fairborne's independent reserve evaluation prepared by GLJ Petroleum Consultants Ltd. ("GLJ") on a proved basis ...

ARC Resources Ltd. announces 18 per cent increase in 2011 year-end reserves and results of updated Independent ...

Fri, 01/27/2012 - 01:32
ARC Resources Ltd. announces 18 per cent increase in 2011 year-end reserves and results of updated Independent Resources Evaluation for Northeast British Columbia Montney Assets

Touchstone Announces Over 300% Increase to Total Proved Reserves - Marketwire (press release)

Tue, 01/24/2012 - 13:30

Touchstone Announces Over 300% Increase to Total Proved Reserves
Marketwire (press release)
In accordance with National Instrument 51-101 - Standards of Disclosure for Oil and Gas Activities ("NI 51-101"), GLJ Petroleum Consultants Ltd. ("GLJ") prepared an independent reserve evaluation (the "GLJ Report") with an effective date of September ...

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Vermilion Energy Inc. Closes Acquisition of Oil Producing Properties in France

Tue, 01/24/2012 - 12:00
Vermilion Energy Inc. is pleased to announce that it has completed its previously announced purchase and sale agreements with Total E&P France whereby Vermilion, through its wholly owned subsidiaries, has acquired certain working interests in six producing fields located in the Paris and Aquitaine basins in France .

GLJ Releases January 1, 2012 Pricing | <b>GLJ Petroleum</b> Consultants

Tue, 01/10/2012 - 08:59
Long term WTI ($90US/bbl real) remain unchanged. Long term Henry Hub Nymex Gas (now $6.00US/MMbtu real) has been reduced $0.50 US/MMbtu from the ...
www.gljpc.com/content/glj-releases-january-1-2012-pricing

Southern Pacific Resources Corp Up 4%; Comes After It Increased its STP-McKay 2P Reserves by 30% and Net Present Value ...

Thu, 01/05/2012 - 20:33
Southern Pacific Resources Corp ( STP ) is up 6 cents or 4% at 1.53 and has touched a day high 1.57 with more than 8 million shares traded. Yesterday, STP announced that it has increased

Southern Pacific Increases its STP-McKay 2P Reserves by 30% and Net Present Value by 55% to $1.7 Billion

Wed, 01/04/2012 - 21:30

CALGARY, ALBERTA--(Marketwire - Jan. 4, 2012) - Southern Pacific Resource Corp. ("Southern Pacific" or the "Company") (TSX:STP) is pleased to announce that it has increased its proved plus probable (2P) reserves by 30% to 234 million barrels of bitumen and the 2P net present value (discounted at 10%) of these reserves by $0.6 billion to $1.7 billion. The increases are a result of the filing of the STP-McKay Phase 2 expansion application on November 10, 2011. The filing of this application permitted GLJ Petroleum Consultants Ltd., the Company's independent reserves evaluator, to prepare Proven plus Probable production forecasts using the combined Phase 1 and Phase 2 design capacity of 36,000 bbl/d. Phase 1 of Southern Pacific's STP-McKay Thermal Project, a 12,000 bbl/d steam assisted gravity drainage ("SAGD") project located 45 km northwest of Fort McMurray, was approved in October 2010 and is in the final stages of construction.

Athabasca Exercises its Option to Sell its Interest in the MacKay River Oil ... - DigitalJournal.com (press release)

Tue, 01/03/2012 - 11:02

Athabasca Exercises its Option to Sell its Interest in the MacKay River Oil ...
DigitalJournal.com (press release)
The assumptions relating to AOSC's reserves and resources are contained in the reports of GLJ Petroleum Consultants Ltd. dated effective April 30, 2011 and DeGolyer and MacNaughton Canada Limited dated effective April 30, 2011. ...

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Titan Oil &amp; Gas Announces Completion of Reserve Assessment for <b>...</b>

Thu, 12/22/2011 - 14:33
Titan commissioned Alberta based GLJ Petroleum Consultants to prepare an independent evaluation of its oil and gas reserves effective of March 31, 2011. ...