CALGARY, March 31, 2014 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX-V:YGR) announces stock option grant. Yangarra announces it has granted officers and directors options to purchase 1,420,000 common shares at an exercise price of $0.90 per share, pursuant to its stock option plan. All the options vest over three years and will expire on March 31, 2019. [Read more]
Archives for March 2014
CNRL buys Apache Assets
CNRL has confirmed it is the purchaser of Apache's assets for $374 million. The move comes just after CNRL bought Devon Canada Corporation for $3.1 billion. Read the entire release from Apache's sale... [Read more]
Spartan Energy Corp. Announces Completion of Business Combination With Renegade Petroleum Ltd. and 2014 Capital Budget
CALGARY, ALBERTA--(Marketwired - March 31, 2014) - Spartan Energy Corp. ("Spartan" or the "Company") (TSX VENTURE:SPE) is pleased to announce it has completed the previously announced business combination with Renegade Petroleum Ltd. ("Renegade") whereby Spartan has acquired all of the issued and outstanding common shares (the "Renegade Shares") of Renegade by way of a plan of arrangement under the Business Corporations Act (Alberta) (the "Arrangement"). On March 31, 2014, the Arrangement was [Read more]
Waldron Energy Corporation Announces 2013 Year End Results, 2013 Year End Reserves, Operations Update and Adoption of Shareholders Rights Plan and Advance Notice By-Law
CALGARY, ALBERTA--(Marketwired - March 31, 2014) - Waldron Energy Corporation ("Waldron" or the "Corporation") (TSX:WDN) is pleased to announce its financial and operational results for the year and three months ended December 31, 2013. The Corporation's audited year-end financial statements and Annual Information Form ("AIF") including a statement on reserves data and other information specified in NI 51-101 are available for review at www.sedar.com and on the Corporation's website at [Read more]
PanTerra Increases Reserves in 2013 & SEDAR Files F1 Report
TSX-V: PRC CALGARY, March 31, 2014 /CNW/ - PanTerra Resource Corp. ("PanTerra" or the "Company") is pleased to announce that its oil and gas evaluation by the Company's independent engineering firm, Trimble Engineering Associates Ltd for the year ended December 31, 2013, conducted pursuant to National Instrument 51-101 standards of disclosure for oil and gas activities and the Canadian Oil and Gas Evaluation Handbook (COGEH) reserve definitions has increased over last years' reported numbers. [Read more]
Surge and Longview Announce $429 Million Strategic Business Combination
Surge Announces Upward Revision to 2014 Guidance, and 11 Percent Increase in Dividend CALGARY, March 31, 2014 /CNW/ - Surge Energy Inc. (TSX: SGY) ("Surge" or the "Company") and Longview Oil Corp. (TSX: LNV) ("Longview") are pleased to announce today that they have entered into an arrangement agreement, pursuant to which Surge has agreed to acquire all of the issued and outstanding common shares of Longview by way of a plan of arrangement transaction. The proposed transaction results in the [Read more]
Chinook Energy Inc. Announces Resignation of CFO
CALGARY, ALBERTA--(Marketwired - March 31, 2014) - Chinook Energy Inc. (TSX:CKE) ("Chinook") announces that Mr. Geoff Barlow has tendered his resignation as Vice-President, Finance and Chief Financial Officer of Chinook effective April 10, 2014 to pursue other opportunities. "We sincerely appreciate Geoff's professionalism, leadership and contributions to our company during his tenure and we wish him the very best in his future endeavors," said Matt Brister, Chairman of Chinook. Chinook [Read more]
Strategic Oil & Gas Ltd. Achieves Major Milestone by Connecting Steen River Assets to Sales Oil Pipeline
CALGARY, ALBERTA--(Marketwired - March 31, 2014) - Strategic Oil & Gas Ltd. ("Strategic" or the "Company") (TSX VENTURE:SOG) is pleased to announce that it has successfully completed the last of its planned major infrastructure projects with the connection of its 115 km long Bistcho pipeline. Oil started to flow into the pipeline on March 29, 2014. In 2012, Strategic discovered a significant Muskeg Stack light oil resource in the Steen River area of northern Alberta. During the past 18 [Read more]
Southern Pacific Completes CAD$150 Million First Lien Term Loan
CALGARY, ALBERTA--(Marketwired - March 31, 2014) - Southern Pacific Resource Corp. ("Southern Pacific" or the "Company") (TSX:STP) announced today that it has closed the previously announced loan agreement with Credit Suisse AG and its affiliate for a new first lien term loan facility with an aggregate principal amount equal to the U.S. dollar equivalent amount of CAD$150,000,000. The new first lien loan has a five year term with a maturity date on March 31, 2019 and will bear interest at LIBOR [Read more]
BlackPearl Enters Into Construction Contract for the Central Processing Facilities at Its Onion Lake Thermal Project
CALGARY, ALBERTA--(Marketwired - March 31, 2014) - BlackPearl Resources Inc. ("BlackPearl" or the "Company") (TSX:PXX)(OMX:PXXS) is pleased to announce that it has entered into a lump sum contract with Propak Systems Ltd (Propak) for the engineering, procurement and fabrication of the central processing facilities for the Company's Onion Lake thermal project. Propak has successfully constructed and installed processing facilities for three similar thermal projects in Saskatchewan which are [Read more]
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