CALGARY, June 30, 2015 /CNW/ - Spyglass Resources Corp. ("Spyglass", or the "Company") (TSX: SGL, OTCQX: SGLRF) announces that following the Company's semi-annual review by its lenders, the total credit facility, as amended, remains at $200 million. The credit facilities now consist of a $100 million syndicated borrowing base facility and a $100 million syndicated reducing term facility. The syndicated borrowing base facility is reviewed semi-annually and both facilities currently have a May [Read more]
Archives for June 2015
Dejour Provides AGM Voting Results
VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 30, 2015) - Dejour Energy Inc. (NYSE MKT:DEJ)(TSX:DEJ), an independent oil and natural gas exploration and production company operating in North America's Piceance Basin and Peace River Arch regions, announces the results of its Annual and Special Meeting of Shareholders held on June 29, 2015 at the Company's Vancouver office. The following sets forth a brief description of each matter which was voted upon at the Meeting and the outcome [Read more]
Crescent Point Energy & Legacy Oil + Gas Inc. Announce Closing of Legacy Oil + Gas Acquisition
CALGARY, ALBERTA--(Marketwired - June 30, 2015) - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG)(NYSE:CPG) and Legacy Oil + Gas Inc. ("Legacy") (TSX:LEG) are pleased to announce today that Crescent Point has completed the acquisition of all of the issued and outstanding common shares of Legacy by way of arrangement (the "Legacy Acquisition"). Under the terms of the Legacy Acquisition, shareholders of Legacy exchanged each of their common shares for 0.095 of a common [Read more]
Golar and Perenco agree the material commercial terms for the floating liquefied natural gas export project in Cameroon
HAMILTON, Bermuda, June 30, 2015 (GLOBE NEWSWIRE) -- Hamilton, Bermuda: Golar LNG Limited ("Golar") is pleased to announce that, further to the announcement on 24 December 2014 regarding the signing of a Heads of Agreement with Societe Nationale de Hydrocarbures ("SNH") and Perenco Cameroon ("Perenco") for the development of a floating liquefied natural gas export project in Cameroon, agreement has now been reached with the support of the Boards of both Golar and Perenco on the material [Read more]
Gear Energy Ltd. Announces Amended Credit Facility and New Executive Appointment
CALGARY, ALBERTA--(Marketwired - June 30, 2015) - Gear Energy Ltd. ("Gear") (TSX:GXE) announces an amended credit facility following a semi-annual review by its bank syndicate and a new executive appointment. The credit facility has been amended to a borrowing base of $90 million, a reduction from its previous $130 million borrowing base. The reduction is primarily a result of reduced commodity pricing and had been anticipated at the beginning of 2015, with Gear proactively reducing debt [Read more]
Virginia Hills Oil Corp. Announces Stock Option Grant
CALGARY, ALBERTA--(Marketwired - June 30, 2015) - Virginia Hills Oil Corp. ("Virginia Hills" or the "Company") (TSX VENTURE:VHO) is pleased to announce that it has granted 157,793 stock options to Mr. Mark Mallamo, Vice President, Exploration at an exercise price of $0.255. The stock options have been granted pursuant to Virginia Hills' stock option plan and one third of the options granted will vest on each of the first, second and third anniversaries of the date of grant. Subsequent to this [Read more]
Research and Markets: Global Floating LNG Market 2015-2019
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/2jvk6d/global_floating) has announced the addition of the "Global Floating LNG Market 2015-2019" report to their offering. The Global Floating LNG market to grow at a CAGR of 15.2 percent over the period 2014-2019. The report, the Global Floating LNG Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global Floating LNG market [Read more]
Saturn Minerals Inc. Receives Proposal for a 4 Oil Exploration Well Drilling Program at Bannock Creek
VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 30, 2015) - Saturn Minerals Inc. (TSX VENTURE:SMI)(FRANKFURT:SMK) ("Saturn" or the "Company") is pleased to announce that the Company has received a proposal from its Joint Venture Partner ("JV Partner") for the Bannock Creek Property (Petroleum Exploration Permit 72) for a 4 well drilling program starting in July 2015. Saturn's Bannock Creek Property is located in the Northern Williston Basin in Saskatchewan. The exploration oil well program [Read more]
Research and Markets: Russia Oil and Gas Strategic Analysis and Outlook to 2025 – Forecasts of Supply, Demand, Investment, Companies and Infrastructure
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/jbl5s9/russia_oil_and) has announced the addition of the "Russia Oil and Gas Strategic Analysis and Outlook to 2025 - Forecasts of Supply, Demand, Investment, Companies and Infrastructure (Fields, Blocks, Pipelines, LNG, Refinery, Storage Assets)" report to their offering. The author, one of the leading research and consulting service providers for the oil and gas industry, recently published the Russia [Read more]
TransCanada: Alberta’s tougher CO2 rules bolster case for Keystone XL
CALGARY - TransCanada wants the U.S. State Department to include recent Canadian climate change announcements in its review of the Keystone XL pipeline, arguing those developments bolster the case for the long-delayed project.The Calgary-based pipeline builder outlined its rationale in a letter sent Monday to Secretary of State John Kerry and other U.S. officials as the U.S. regulatory process nears its seventh anniversary."We are asking the U.S. State Department to consider these recent [Read more]
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