CALGARY, ALBERTA--(Marketwired - April 30, 2013) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Questfire Energy Corp. ("Questfire" or the "Company") (TSX VENTURE:Q.A) (TSX VENTURE:Q.B) is pleased to announce that it has closed its previously announced Purchase and Sale Agreement to acquire conventional producing assets from Advantage Oil & Gas Ltd. for total consideration consisting of $40.2 million of cash, $32.6 million of senior [Read more]
Archives for April 2013
Advantage Announces Closing of Non-Core Asset Disposition to Questfire and a Revised Credit Facility
(TSX: AAV, NYSE: AAV) CALGARY , April 30, 2013 /CNW/ - Advantage Oil & Gas Ltd. ("Advantage" or the "Corporation") (AAV.TO) (AAV) is pleased to announce the closing of the previously announced transaction with Questfire Energy Corp. ("Questfire") (a TSX-V listed company) for the sale of substantially all of Advantage's remaining non-core assets. The consideration received by Advantage consisted of $40.2 million of cash, a $32.6 million Convertible Senior Secured Questfire Debenture (the [Read more]
Athabasca Oil Corporation reports voting results of election of directors
CALGARY , April 30, 2013 /CNW/ - Athabasca Oil Corporation (ATH.TO) announces that at its annual general meeting of shareholders held on April 30, 2013 , each of the six nominees proposed as a director and listed in its information circular - proxy statement dated March 21, 2013 were elected as directors. The results of the voting for each nominee are as follows: Nominee Votes For Votes Withheld No. % No. % Tom Buchanan 165,236,559 94.26% 10,065,382 5.74% Gary [Read more]
Whitecap Resources Inc. announces completion of arrangement with Invicta Energy Corp. and results of shareholders’ meeting
CALGARY , April 30, 2013 /CNW/ - Whitecap Resources Inc. ("Whitecap") (WCP.TO) is pleased to announce that Whitecap has completed the previously announced acquisition of Invicta Energy Corp. ("Invicta") (VCA.V) pursuant to a plan of arrangement (the "Arrangement") under the provisions of theBusiness Corporations Act (Alberta). Whitecap has acquired all of the issued and outstanding common shares of Invicta for $219,324 in cash and the issuance of an aggregate of 4,832,188 common shares of [Read more]
First Mountain Exploration Ltd. completes property acquistion and files 2012 financial results
CALGARY , April 30, 2013 /CNW/ - First Mountain Exploration Ltd. ("First Mountain") (TSX Venture: FMX) is pleased to announce that it has closed the acquisition of producing oil and gas properties in the Lanaway and Fir areas of Alberta for cash consideration of $400,000 , before closing adjustments and related costs as previously announced on April 17, 2013 . First Mountain has filed on SEDAR its audited annual financial statements ("Financial Statements") and related management's discussion [Read more]
Trilogy Energy Corp. Announces Financial and Operating Results for the Three Months-Ended March 31, 2013
CALGARY, ALBERTA--(Marketwired - April 30, 2013) - Trilogy Energy Corp. (TET.TO) ("Trilogy") is pleased to announce its financial and operating results for the three months-ended March 31, 2013. FINANCIAL AND OPERATING HIGHLIGHTS Reported sales volumes for the first quarter of 2013 averaged 36,119 Boe/d compared to 35,014 Boe/d for the previous quarter and 31,012 Boe/d for the same period in 2012, representing a 3 percent and 16 percent increase, respectively, in production. Oil sales [Read more]
Canadian Oil Sands net income drops in first quarter on plant outages
CALGARY - Canadian Oil Sands Ltd. (TSX:COS) posted a big drop in profit for the first three months of the year as unplanned outages at the Syncrude oilsands mine took a bite out of production. Net income during the first quarter was $177 million, or 37 cents per share, down from $318 million, or 66 cents per share during the same period a year earlier, the company said Tuesday. That missed the average analyst estimate of 41 cents per share, according to Thomson [Read more]
Ironhorse Announces 2012 Financial and Operating Results and Year-end Reserves
CALGARY , April 30, 2013 /CNW/ - Ironhorse Oil & Gas Inc. ("Ironhorse" or the "Company") (IOG.V) announces its 2012 financial and operating results and year-end reserves information. The Company's year-end reserves evaluation with the effective date of December 31, 2012 was prepared by GLJ Petroleum Consultants Ltd. and Sproule Associates Limited in accordance with definitions, standards and procedures contained in the Canadian Oil and Gas Evaluation Handbook ("COGE Handbook") and NI 51-101 [Read more]
Raging River Exploration Inc. Announces Approval of Listing on the Toronto Stock Exchange
CALGARY, ALBERTA--(Marketwired - April 30, 2013) -Raging River Exploration Inc. ("Raging River") (TSX VENTURE:RRX) is pleased to announce that its common shares have been approved for listing on the Toronto Stock Exchange (the "TSX"). The common shares will continue to trade under the symbol "RRX" and trading on the TSX is expected to commence on May 3, 2013. FORWARD LOOKING STATEMENTS: This press release contains forward-looking statements. More particularly, this press release contains [Read more]
Canadians must fight U.S. protectionism in the energy sector, Prentice says
By Heather Scoffield, The Canadian Press OTTAWA - Former Conservative cabinet minister Jim Prentice says Canadians need to step up their efforts to maintain free and open energy markets for Canada's oil, gas and electricity in the United States. Prentice, who is now a vice-president at CIBC, is in Halifax Tuesday to discuss how Canada will fare in a North America that is on the verge of being energy independent. "If we play our cards right, there will be profound opportunities for [Read more]
- 1
- 2
- 3
- …
- 21
- Next Page »