Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Computing
Conference & Expo
November 2-4, 2009 NYC
Register Today and SAVE !..

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
In many cases, the end of the year gives you time to step back and take stock of the last 12 months. This is when many of us take a hard look at what worked and what did not, complete performance reviews, and formulate plans for the coming year. For me, it is all of those things plus a time when I u...
SYS-CON.TV
Alexander Energy Ltd. Announces 2012 Q3 Financial and Operating Results

CALGARY, ALBERTA -- (Marketwire) -- 11/28/12 -- Alexander Energy Ltd. (TSX VENTURE:ALX), ("Alexander" or the "Company") is pleased to announce its financial and operating results for the three and nine month periods ended September 30, 2012. This press release should be read in conjunction with the Company's September 30, 2012 condensed interim financial statements and MD&A filed on Sedar at www.sedar.com.


Highlights                                                                  

--  Cash flow for Q3 2012 was $1.56 million, up 161% from Q3 2011 results. 
    
--  Oil production increased to 437 bbl/day, up 134% from Q3 2011 results.
    Gas production was down 34% as the Company shifts focus from gas to oil.
    The overall net BOE increase in Q3 2012 was 107 BOE/day as compared to
    Q3 2011. Gas contributed 39% of total production in Q3 2012,
    representing 11% of revenue and an estimated 10% of cash flow. These
    economics are driving the Company's shift to oil. 
    
--  The Board of Directors has made significant reductions to director's,
    legal and audit fees. 
    
--  With the new initiative to grow production and cash flow we have added
    four new people to support the engineering, geology, and land functions.
    In spite of these additions, the budget for 2013 forecasts a significant
    reduction in overall G&A expenses. 
    
--  The successful drilling and completion of the 15-12-56-27W4 well proved
    that our Detrital oil field extends to the north, and confirmed seismic
    interpretation. Based on this success the Company is planning to drill
    two Detrital wells in Q1 2013, at 12-12 and 4- 13-56-27W4. 
    
--  The mark to market value of the Company's oil production hedge for 2013
    was $657,222 at September 30, 2012. As gas prices continue to improve
    the Company may hedge 50% of its gas production for 2013. 
    
--  Since September 30, 2012, Alexander has spent $800,000 (net) on field
    maintenance activities. This included the compressor turnaround at the
    central battery and processing facility, and workover projects on three
    wells. This resulted in production being down for approximately a week
    in October. The workover activities resulted in an increase in
    production of over 100 BOE/day. 
    
--  Cash flow for November and December, 2012 is anticipated to average
    $500,000 per month, and is expected to increase as the 15-12 well comes
    on stream. 
    
--  Alexander's total current net production is approximately 900 BOE per
    day, 55 percent of which is oil and natural gas liquids. 

Financial Summary


----------------------------------------------------------------------------
                                             Three months ended September 30
----------------------------------------------------------------------------
                                              2012           2011  % Change 
----------------------------------------------------------------------------
                                                                            
Oil and gas revenue                   $  3,304,518   $  2,079,442        59 
Cash flow from operations (1)            1,563,100        597,981       161 
  Per share - basic and diluted (1)           0.03           0.01       152 
Net income                                 123,326        171,682       (28)
  Per share - basic and diluted               0.00           0.00         - 
Net debt (1)                            11,643,887     12,369,063        (6)
Capital expenditures                  $    511,000   $  1,363,000       (63)
Shares outstanding - end of period      62,239,477     59,963,786         4 
----------------------------------------------------------------------------
                                                                            
                                                                            
----------------------------------------------------------------------------
                                              Nine months ended September 30
----------------------------------------------------------------------------
                                              2012           2011  % Change 
----------------------------------------------------------------------------
                                                                            
Oil and gas revenue                   $  8,683,113   $  7,451,193        17 
Cash flow from operations (1)            3,302,080      3,185,377         4 
  Per share - basic and diluted (1)           0.05           0.06        (5)
Net income (loss)                          938,367       (880,550)        - 
  Per share - basic and diluted               0.02          (0.02)        - 
Net debt (1)                            11,643,887     12,369,063        (6)
Capital expenditures                  $  2,113,000   $  7,268,000       (71)
Shares outstanding - end of period      62,239,477     57,169,721         9 
----------------------------------------------------------------------------
(1) Non IFRS measure                                                        
                                                                            
                                                                            
Operating summary                                                           
                                                                            
----------------------------------------------------------------------------
Three months ended September 30                 2012        2011   % Change 
----------------------------------------------------------------------------
Daily production                                                            
----------------------------------------                                    
Oil and NGLs (bbl/d)                             437         187        134 
Natural gas (mcf/d)                            1,646       2,508        (34)
----------------------------------------------------------------------------
Oil equivalent (boe/d @ 6:1)                     712         605         18 
----------------------------------------------------------------------------
Realized commodity prices ($CDN)                                            
----------------------------------------                                    
Oil and NGLs (bbl)                         $   72.77   $   67.73          7 
Natural gas (mcf)                          $    2.48   $    3.95        (37)
----------------------------------------------------------------------------
Oil equivalent (boe @ 6:1)                 $   50.46   $   37.34         35 
----------------------------------------------------------------------------
                                                                            
                                                                            
Nine months ended September 30                  2012        2011   % Change 
----------------------------------------------------------------------------
Daily production                                                            
----------------------------------------                                    
Oil and NGLs (bbl/d)                             363         215         69 
Natural gas (mcf/d)                            2,082       2,707        (23)
----------------------------------------------------------------------------
Oil equivalent (boe/d @ 6:1)                     710         666          7 
----------------------------------------------------------------------------
Realized commodity prices ($CDN)                                            
----------------------------------------                                    
Oil and NGLs (bbl)                         $   74.20   $   78.18         (5)
Natural gas (mcf)                          $    2.33   $    3.87        (40)
----------------------------------------------------------------------------
Oil equivalent (boe @ 6:1)                 $   44.79   $   40.96          9 
----------------------------------------------------------------------------
                                                                            
                                                                            
Operating and cash flow netbacks                                            
                                                                            
----------------------------------------------------------------------------
Three months ended September 30                2012        2011    % Change 
                                           ($ / boe)   ($ / boe)            
----------------------------------------------------------------------------
Operating netback ($/boe)                                                   
----------------------------------------                                    
Revenue                                       50.46       37.34          35 
Royalties                                     (6.27)      (4.98)         26 
Operating expenses                           (11.87)     (13.10)         (9)
----------------------------------------------------------------------------
Operating netback per boe                     32.32       19.26          68 
Realized gain (loss) on financial                                           
 derivative instruments                        0.64       (1.57)          - 
General and administrative expenses           (7.08)      (4.96)         43 
Interest expense                              (2.00)      (1.99)          1 
----------------------------------------------------------------------------
Cash flow from operations per boe             23.87       10.74         122 
----------------------------------------------------------------------------
                                                                            
                                                                            
----------------------------------------------------------------------------
Nine months ended September 30                 2012        2011    % Change 
                                           ($ / boe)   ($ / boe)            
----------------------------------------------------------------------------
Operating netback ($/boe)                                                   
----------------------------------------                                    
Revenue                                       44.79       40.96           9 
Royalties                                     (5.33)      (6.38)        (16)
Operating expenses                           (12.50)     (13.23)         (6)
----------------------------------------------------------------------------
Operating netback per boe                     26.95       21.35          26 
Realized gain (loss) on financial                                           
 derivative instruments                       (0.39)       2.16           - 
General and administrative expenses           (7.35)      (4.31)         71 
Interest expense                              (2.18)      (1.69)         29 
----------------------------------------------------------------------------
Cash flow from operations per boe             17.03       17.51          (3)
----------------------------------------------------------------------------

Forward-Looking Statements: All statements, other than statements of historical fact, set forth in this news release, including without limitation, assumptions and statements regarding reservoirs, resources and reserves, future production rates, exploration and development results, financial results, and future plans, operations and objectives of the Corporation are forward-looking statements that involve substantial known and unknown risks and uncertainties. Some of these risks and uncertainties are beyond management's control, including but not limited to, the impact of general economic conditions, industry conditions, fluctuation of commodity prices, fluctuation of foreign exchange rates, environmental risks, industry competition, availability of qualified personnel and management, availability of materials, equipment and third party services, stock market volatility, timely and cost effective access to sufficient capital from internal and external sources. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable by the Corporation at the time of preparation, may prove to be incorrect. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

Reference is made to barrels of oil equivalent (BOE). Barrels of oil equivalent may be misleading, particularly if used in isolation. In accordance with National Instrument 51-101, a BOE conversion ratio for natural gas of 6 Mcf: 1 bbl has been used, which is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts:
Alexander Energy Ltd.
Hugh M. Thomson
Vice-President Finance and Chief Financial Officer
(403) 523-2505
(403) 264-1348 (FAX)
hughthomson@alexanderenergy.ca

Alexander Energy Ltd.
1540, 521-3 Avenue S.W.
Calgary, Alberta T2P 3T3
www.alexanderenergy.ca

About Marketwired .
Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

SOA World Latest Stories
With the capability to reduce both CapEx and OpEx, it’s easy to see why the SDN-NFV trend has taken hold in the hosting and mobile industry. Early use cases include network virtualization from cloud service providers and enterprise data centers, bandwidth calendaring and network tappin...
In this challenging environment, a combination of automated integration testing and test virtualization can enable test teams to improve software quality and keep up with the rate of change. This white paper helps address these needs by describing the benefits that can be gained throug...
The Domain Name Service (DNS) is one of the most important components in networking infrastructure, enabling users and services to access applications by translating URLs (names) into IP addresses (numbers). Because every icon and URL and all embedded content on a website requires a DN...
The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is ob...
Cloudian on Tuesday announced immediate availability of Cloudian HyperStore appliances and Cloudian HyperStore 5.0 software. Flash-optimized, rack-ready HyperStore appliances make it easy to economically deploy full-featured, highly scalable S3-compliant storage with three enterprise-f...
WaveMaker on Tuesday announced WaveMaker Enterprise, licensed software that enables organizations to run their own end-to-end application platform as a service (aPaaS) for building and running custom apps. WaveMaker Enterprise is a commercially available rapid API app development and d...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021


SYS-CON Featured Whitepapers
ADS BY GOOGLE