TGS
November 25, 2003

Release Date: November 25, 2003 News from Canada NewsWire TGS North American Real Estate Investment Trust Declares September Distribution 16:45 EDT Wednesday, September 17, 2003 CALGARY, Sept. 17 /CNW/ – TGS North American Real Estate Investment Trust (NAR.UN:TSX and NAR.U:TSX) (“TGS NA REIT”), announced today that a distribution of U.S. 6.325 cents per unit has been declared, payable on October 15, 2003 to the Unitholders of record as at September 30, 2003. Distributions continue in accordance with the original projections contained in TGS NA REIT’s November 25, 2002 prospectus for its Initial Public Offering. Unitholders entitled to receive the distribution […]

September 24, 2003

Release Date: September 24, 2003 Upton Resources Inc. – Cash Flow and Production Strong, Debt Drops $7.5 Million 09:00 EDT Friday, August 15, 2003 (URC – TSX) CALGARY, Aug. 15 /CNW Telbec/ – Upton Resources Inc. (“Upton”) is pleased to announce its second quarter financial and operating results, and to update its process to maximize shareholder value. Second quarter cash flow from operations was $9.6 million and $0.46 basic per share, and earnings were $2.0 million and $0.10 basic per share. Production was 5,633 barrels of oil equivalent per day (boepd), net debt decreased $7.5 million in the quarter, while […]

September 24, 2003

Release Date: September 24, 2003 Octane Announces Financial Results for the Second Quarter Ended June 30, 2003 and Appointment of President and COO 19:19 EDT Wednesday, August 27, 2003 CALGARY, Aug. 27 /CNW/ – Octane Energy Services Ltd. (TSX-VEN: OES) today announced its financial results for the second quarter ended June 30, 2003. The second quarter includes the consolidated results from Octane’s subsidiaries, Hughes Oilfield Construction Inc., K-TEK Construction Ltd., Pronghorn Controls Ltd. and Octane Energy Services Corp. Selected financial information is as follows, with all per share amounts presented on a diluted basis. SUMMARY FINANCIAL INFORMATION (unaudited) 3 Months […]

September 16, 2003

Release Date: September 16, 2003 News from Canada NewsWire Trinidad Energy Services Income Trust announces cash distribution for September, 2003 15:32 EDT Tuesday, September 16, 2003 TSX SYMBOL: TDG.UN CALGARY, Sept. 16 /CNW/ – Trinidad Trust (“TDG.UN”) confirms that the cash distribution for the month of September 2003 to be paid October 15, 2003, for unitholders of record on September 30, 2003, will be 3.5 cents per trust unit ($.035 per month x 12 (equal sign) $.42 per year). As per the press release of December 10, 2002 Trinidad Trust has implemented a Distribution Reinvestment Plan for the benefit of […]

September 14, 2003

Release Date: September 14, 2003 QCC Reports Continued Revenue Growth 16:30 EDT Friday, August 22, 2003 CALGARY, ALBERTA–Sid Dutchak, President and Chief Executive Officer of QCC Technologies Inc. (“QCC” or “the Company”), is pleased to report QCC’s 2003 second quarter financial and operating results. “Following a year of building and streamlining, QCC has produced excellent results in the first half of 2003, with much improved revenues and income” says Dutchak. Financial Highlights ($) Three Months ended June 30, 2003 2003 2002 ———————— Revenue 2,573,219 2,388,486 Gross Profit 427,822 473,299 EBITDA 41,363 123,454 Net Earnings 10,465 58,476 Earnings per share Basic […]

September 14, 2003

Release Date: September 14, 2003 Octane Completes $5.6 Million Bank Financing and $1.0 Million Bridge Loan, Announces Rights Offering, Debt Conversion and Management Changes 09:43 EDT Wednesday, August 06, 2003 CALGARY, Aug. 6 /CNW/ – Octane Energy Services Ltd. (TSX-V:OES) announced today that it has established a new, larger banking facility with a Canadian chartered bank for its wholly-owned subsidiary, Pronghorn Controls Ltd. The new banking facility consists of a $5,000,000 operating line of credit bearing interest at prime plus 1/2%, a $500,000 demand loan bearing interest at prime plus 1.25% and a $100,000 corporate mastercard account repayable monthly. These […]

September 14, 2003

Release Date: September 14, 2003 Upton Resources Inc. 00:00 EDT Tuesday, August 19, 2003 (URC – TSX) 2Q to June 30 Year ago Revenue17,900,000 17,811,000 Net profit2,003,000 2,113,000 Net profit/share0.10 0.11 Cash flow9,610,000 9,103,000 CPS 0.46 0.46 Avg. Shares20,696,000 19,713,000 6 months to June 30 Year ago Revenue 38,335,000 29,785,000 Net profit 4,208,000 3,907,000 Net profit/share 0.20 0.21 Cash flow 19,989,000 15,507,000 CPS 0.97 0.84 Avg. Shares 20,682,000 18,437,000 © The Globe and Mail

September 14, 2003

Release Date: September 14, 2003 TGS North American Real Estate Investment Trust Declares July Distribution 18:30 EDT Monday, July 21, 2003 CALGARY, July 21 /CNW/ – TGS North American Real Estate Investment Trust (NAR.UN:TSX and NAR.U:TSX) (“TGS NA REIT”), announced today that a distribution of U.S. 6.325 cents per unit has been declared, payable on August 15, 2003 to the Unitholders of record as at July 31, 2003. Distributions continue in accordance with the original projections contained in TGS NA REIT’s November 25, 2002 prospectus for its Initial Public Offering. Unitholders entitled to receive the distribution in Canadian dollars will […]

Release Date: August 27, 2003 Octane Announces Appointment of CFO 12:06 EDT Tuesday, June 10, 2003 CALGARY, June 10 /CNW/ – Octane Energy Services Ltd. (TSX-V:OES) announced today the appointment of Debora L. Rice as VP Finance and Chief Financial Officer of Octane. Ms. Rice is a financial management professional with over 20 years of experience in cost accounting, financial control, cost benefit analysis, contract administration, financial reporting, benchmarking and internal control systems. Ms. Rice is a Certified General Accountant and belongs to the CGA Association of Alberta. She is a former member of the Accounting Advisory Committee of Mount […]

July 2, 2003

Release Date: July 2, 2003 Trinidad to acquire drilling rigs 00:00 EDT Thursday, June 19, 2003 Trinidad Energy Services Income Trust has agreed to purchase certain assets of Bear Drilling Ltd. of Edmonton for $41-million, of which $40-million will be in cash and the rest in trust units. Bear’s assets include three heavy double-drilling rigs and two triple-drilling rigs, along with inventory related to the rigs, Calgary-based Trinidad said. The company added it expects to finance the acquisition through a combination of debt and the proceeds of a private placement. The company did not disclose the number of units, or […]