CALGARY, ALBERTA--(Marketwired - Sept. 30, 2013) - Kallisto Energy Corp. (TSX VENTURE:KEC) ("Kallisto" or the "Company") announces that it has filed drilling logs, samples and tour sheets from its 16-26-027-01 W5 Elkton test well with the Alberta Energy Regulator in compliance with the well license conditions. In addition, the Company reports that completion activities on the well are continuing, with the well having now been perforated and acidized and pressure recording devices placed in the [Read more]
Archives for September 2013
Questerre Energy Corporation: Manitoba Drilling Program Yields 1,000 bbl/d Gross
CALGARY, ALBERTA--(Marketwired - Sept. 30, 2013) - NOT FOR DISTRIBUTION ON U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Questerre Energy Corporation">Questerre Energy Corporation ("Questerre" or the "Company") (TSX:QEC)(OSLO:QEC) reported today the results from its oil drilling program in Pierson, Manitoba adjacent to its existing production in Antler, Saskatchewan. A five well program targeting the Spearfish formation was conducted by the operator [Read more]
Statoil says huge discovery of oil off Canadian coast larger than expected with 2nd new find
HELSINKI - Norwegian energy company Statoil ASA says it has made another "significant" discovery of crude oil off the Canadian coast in the Flemish Pass.The company said Friday that it was the second find in two days in the Bay du Nord prospect, 500 kilometres northeast of Newfoundland, but did not estimate its size.On Thursday, Statoil announced that its Canadian unit and partner, Husky Energy Inc. (TSX:HSE), had made its first Bay du Nord exploration estimated at between 300 and 600 million [Read more]
Blackdog Resources Ltd. Updates Progress on Planned Acquisitions
CALGARY, ALBERTA--(Marketwired - Sept. 27, 2013) - Blackdog Resources Ltd. ("Blackdog" or the "Company") (TSX VENTURE:DOG) is pleased to provide an update on the Company's planned acquisitions of two light oil properties in Northern Alberta (the "Properties") for $13,000,000, as announced on August 30, 2013. The Company has reviewed and continues to review multiple financing proposals to secure the required funding to purchase the Properties. The Company will provide a further [Read more]
North Dakota regulator: Oil production to double by 2017 to 1.6 million barrels per day
DICKINSON, N.D. — North Dakota’s top oil regulator says the state’s daily oil production will double to 1.6 million barrels by 2017. The Dickinson Press reports that Department of Mineral Resources Director Lynn Helms made the prediction Thursday in Dickinson at the annual meeting of the North Dakota Association of Oil and Gas Producing Counties. Helms says natural gas flaring as the No. 1 challenge for state regulators. Helms says he’s working with the North Dakota Industrial Commission [Read more]
Enbridge plans pipeline for Hangingstone
CALGARY - Enbridge Inc. says it has an agreement to build a 50-kilometre pipeline to serve the Hangingstone oilsands project, jointly owned by Japan Canada Oil Sands Ltd. and China's CNOOC Ltd. Pending regulatory approvals, the 12-inch lateral pipeline would connect Hangingstone to Enbridge's regional system at Cheecham, Alta.The agreement also provides for an optional eight-inch line to transport diluent to the project, Enbridge said in announcing the deal Thursday.Financial terms were not [Read more]
Donnycreek Reports Fiscal Year-End Reserves at July 31, 2013
CALGARY, ALBERTA--(Marketwired - Sept. 26, 2013) - Donnycreek Energy Inc. ("Donnycreek" or the "Company") (TSX VENTURE:DCK) reports the results of its July 31, 2013 Evaluation of Oil and Gas Reserves on its Alberta oil and gas properties, as evaluated by McDaniel & Associates Consultants Ltd. ("McDaniel") in accordance with National Instrument 51-101 - Standards of Disclosure for Oil and Gas Activities ("NI 51-101"). A summary of the Company's reserves volumes according to reserve [Read more]
Trilogy Energy Corp. Provides Operational Update on Montney Oil Pool, Duvernay Activity and Production Update
CALGARY, ALBERTA--(Marketwired - Sept. 26, 2013) - Trilogy Energy Corp. (TSX:TET) ("Trilogy" or the "Company") is pleased to announce that it has recently finished completion operations on the step out well Trilogy Hz Kaybob 9-10-64-19W5 (the "9-10 well") on the western side of the Kaybob Montney oil pool, and also that it has plans to participate for its 30 percent working interest in two four well pads targeting Duvernay production. Kaybob Montney Oil Pool Expansion Trilogy [Read more]
Suncor Energy closes sale of the majority of its conventional natural gas business
CALGARY, ALBERTA--(Marketwired - Sept. 26, 2013) - Suncor Energy today announced it has closed the previously announced sale of the majority of its conventional natural gas business in Western Canada to CQ Energy Canada Partnership, a newly established partnership between Centrica plc (LSE: CNA) and Qatar Petroleum International. The sale is consistent with Suncor's strategy to focus on a core portfolio of high return, oil producing assets and includes properties situated across [Read more]
Centrica and QPI complete C$1billion acquisition from Suncor
CALGARY, Alberta, Sept. 26, 2013 /CNW/ - Centrica and Qatar Petroleum International (QPI) have today completed aC$1 billion agreement with Suncor Energy to acquire a package of producing oil and natural gas assets in the Western Canadian Sedimentary Basin. The assets include proven and probable (2P) reserves estimated by the partners at 978 billion cubic feet equivalent (90% natural gas), with estimated 2013 production of approximately 250 million cubic feet equivalent per day. On behalf [Read more]
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