Talisman Energy (TSE:TLM) (NYSE:TLM) said Wednesday it swung to a first quarter loss, hurt by lower benchmark oil prices and production as the company works to unlock more value and refocus its operations. 

Madalena Ventures (CVE:MVN) impressed analysts at Casimir Capital today, resulting in a sharp boost in the company's share price target on the back of "strong validation" of its Argentina assets and massive upside potential, as it released a resource report uncovering an estimated 34.8 billion oil equilvaent barrels of petroleum initially in place. 

In an attempt to please investors who've witnessed a sluggish stock out of the gate in 2013, Suncor Energy (TSE:SU) is boosting its dividend 54 per cent and buying back shares. 

Big Sky Petroleum (CVE:BSP)(OTC:BGKYF) provided late Monday an operational update, saying it plans to continue to expand its leasehold position in the west Texas Permian Basin to a potential 10,000 net acreas by later this year, after capping what it called a "highly active and successful" first quarter. 

New Zealand Energy Corp. (CVE:NZ)(OTCQX:NZERF) has unveiled its full year 2012 results, substantially narrowing its losses and increasing its revenue, while also releasing the results of its year-end reserve and resource estimation and saying it is focused on optimizing production and cash flow.