CALGARY, ALBERTA--(Marketwired - Aug. 31, 2015) - Manitok Energy Inc. (the "Corporation" or "Manitok") (TSX VENTURE:MEI) announces its financial and operating results for the second quarter of 2015 and an operations update. Readers are cautioned that as this press release contains only a summary of Manitok's financial and operating results for the second quarter of 2015, it should be read in conjunction with the full text of Manitok's second quarter of 2015 report [Read more]
Archives for August 2015
Marksmen Releases Financial Results for Three and Six Months Ended June 30, 2015
CALGARY, ALBERTA--(Marketwired - Aug. 31, 2015) - Marksmen Energy Inc. ("Marksmen") (TSX VENTURE:MAH)(OTCQB:MKSEF) reports its financial results for the three and six months ended June 30, 2015. The interim financial statements and Management's Discussion & Analysis were filed August 31, 2015 on SEDAR at www.sedar.com. [Read more]
Cenovus completes transaction to purchase rail terminal
Facility ownership strengthens market access CALGARY, Aug. 31, 2015 /CNW/ - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has closed its previously announced purchase of Canexus Corporation's North American Terminal Operations (NATO), a crude-by-rail trans-loading facility in central Alberta. The acquisition is part of Cenovus's strategy to build a strong portfolio of transportation options to help maximize market access and capture global prices for its oil. The company is also [Read more]
Cenovus completes transaction to purchase rail terminal
Facility ownership strengthens market access CALGARY, Aug. 31, 2015 /PRNewswire/ - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has closed its previously announced purchase of Canexus Corporation's North American Terminal Operations (NATO), a crude-by-rail trans-loading facility in central Alberta. The acquisition is part of Cenovus's strategy to build a strong portfolio of transportation options to help maximize market access and capture global prices for its oil. The company is [Read more]
Marquee Energy Ltd. Provides Corporate Update
CALGARY, Aug. 31, 2015 /CNW/ - Marquee Energy Ltd. ("Marquee" or the "Company") (TSXV: "MQL") announces that concurrent with the Acquisition previously announced on August 13, 2015, the Company's banking syndicate confirmed that Marquee' borrowing base remains unchanged at $95 million. However, as part of ongoing cost reduction initiatives, Marquee will reduce its borrowing base to $70 million effective August 31, 2015, which will decrease future standby and commitment fees. Marquee [Read more]
Artisan Energy Closes Initial Tranche of Brokered Private Placement
CALGARY, ALBERTA--(Marketwired - Aug. 31, 2015) - Artisan Energy Corporation ("Artisan" or the "Corporation") (TSX VENTURE:AEC) is pleased to announce that it has closed the initial tranche of its previously announced brokered private placement of common shares ("Private Placement") with Richardson GMP Limited ("Richardson GMP") as agent. Artisan has issued 3,744,000 common shares at a price of $0.10 per common share for aggregate gross proceeds of $374,400. Artisan expects [Read more]
New North Resources announces two acquisitions
New North Resources is pleased to announce that during August 2015, the Company closed two deals, as follows: - Purchase of shallow gas assets that produced approximately 200 BOED (94% natural gas), from a Public Company. - The Company acquired all of the issued and outstanding shares of Speargrass Energy Inc., With current production of 130 BOED (87 % natural gas). [Read more]
Heidrick & Struggles Expands Footprint in Australia with New Office in Perth
PERTH, Australia, Aug. 31, 2015 /CNW/ -- Heidrick & Struggles (NASDAQ: HSII), the premier provider of executive search, leadership consulting and culture shaping worldwide, today announced the opening of an office in Perth. The new office will cover Australia's industrial sector, with a special focus on energy, natural resources, mining and infrastructure. "With the addition of the Perth team, we are beginning a new chapter in our firm's global growth story," said Krishnan Rajagopalan, [Read more]
NDP has largest budget deficit ever at $9.1B
Alberta’s finance minister said earlier today the province is on track to record a $5.9-billion deficit this year as the oil crunch hits families and businesses. Joe Ceci released figures for the first three months of the 2015-16 fiscal year which began April 1. “There is no doubt many Alberta families and businesses are feeling the effects of the dramatic drop in oil prices,” said Ceci. “That’s why our government is focused on building a plan for job creation and diversification of our [Read more]
Early Warning
CALGARY, ALBERTA--(Marketwired - Aug. 31, 2015) - On August 27 and 28, 2015, Ike Kolias of #113, 827 Glenmore Trail S.W., Calgary, Alberta, T2V 2H4 acquired ownership of an aggregate of 2,157,500 common shares ("Common Shares") of Relentless Resources Ltd. ("Relentless" or the "Corporation") (TSX VENTURE:RRL), representing approximately 3.38% of the issued and outstanding Common Shares. As of the date hereof, Mr. Kolias owns 7,642,213 Common Shares, representing 11.99% of the issued and [Read more]
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