Toronto, Ontario (FSCwire) - Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX-V:EOG), is pleased to provide an operations update on its Orinduik Block offshore Guyana. Eco (Atlantic) Guyana Inc., the Company's subsidiary, currently holds a 40% Working Interest ("WI"), and Tullow Oil ("Tullow"), Operator, holds a 60% WI. Click on, or paste the following link into your web browser, to view the associated PDF … [Read more...]
Acquisition of the Minority Interest in Eco's Guyana Subsidiary
Toronto, Ontario (FSCwire) - Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX-V: EOG), the oil and gas exploration company with licenses in highly prospective regions in South America and Africa, is pleased to announce that Eco (Guyana) Oil and Gas (Barbados) Ltd. ("Eco Barbados"), a wholly owned subsidiary of the Company, has agreed to acquire the remaining 6% interest in Eco (Atlantic) Guyana Inc. ("Eco Guyana"), following which Eco Guyana will become a wholly owned subsidiary … [Read more...]
Georox Resources Announces Operational Update
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Kelowna, British Columbia (FSCwire) - Georox Resources Inc. ("Georox" or the "Corporation") (GXR: TSX-V; OF6A:FRA) Georox is pleased to announce that the waterflood project at Red Earth, Alberta is near completion. The project was announced in a press release dated September 8, 2017. The waterflood project has the goal to significantly improve the production and netback economics. In … [Read more...]
Exercise of Warrants
Toronto, Ontario (FSCwire) - Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX-V: EOG) the oil and gas exploration company with licenses in highly prospective regions in South America and Africa, announces that it has received an exercise notice from an adviser to the Company for the exercise of its remaining warrants over 562,500 common shares of no par value ("Common Shares") with an exercise price of 17.6 pence per Common Share, resulting in the Company receiving £99,000. Application … [Read more...]
Emerald Bay Energy Begins Testing the Eagle Ford Formation at Kuhn 3
Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc. (TSX Venture: EBY) (the “Company” or “Emerald Bay”) announced that the Company moved a service rig on location today to perforate the Eagle Ford formation in the Kuhn 3 well at the Company’s Wooden Horse property in Southwest Texas. The perforating will be completed today and then swabbing operations will commence to determine inflow rates. This is the first phase of the completion operations Emerald Bay has planned for Kuhn 3 as … [Read more...]
Synstream Energy Corp. Announces that Option to Purchase, Relationship With Byte Power Group are not Proceeding and Provides Update on Future Business Focus
Calgary, Alberta (FSCwire) - Synstream Energy Corp. (“Synstream” or the “Company”) (TSXV:SHM) announces the following: Option to Purchase License Agreement On March 7, 2016, the Company announced that it had entered into an Option to Purchase License Agreement with Expander Energy Inc. (“Expander”) for the purpose of creating a partnership between Synstream, Expander and a consortium of private investors to build Canada’s first small-scale commercial Enhanced GTL® (“EGTL™”) plant at a … [Read more...]
Exercise of Warrants
Toronto, Ontario (FSCwire) - Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX-V: EOG) the oil and gas exploration company with licenses in highly prospective regions in South America and Africa, announces that it has received an exercise notice for the exercise of warrants over 1,000,000 common shares of no par value ("Common Shares") with an exercise price of 17.6 pence per Common Share, resulting in the Company receiving £176,000. Application has been made for admission of the … [Read more...]
Emerald Bay Provides Update on Kuhn Wells
Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc. (TSX Venture: EBY) (the “Company” or “Emerald Bay”) announced today that the Company has completed the initial phase of production testing on the Kuhn 4 well at the Company's Wooden Horse project in Southwest Texas. This phase involved perforating only a one foot interval in the Buda formation in order to test the inflow of oil and the potential inflow of formation water. The well has been producing a continuous oil cut for twenty one … [Read more...]
Emerald Bay Issues Statement Regarding 50,000,000 Share Sell Order
Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc. (TSX Venture: EBY) (the “Company” or “Emerald Bay”) announced today that the Company has been informed by a broker that earlier today an error was made in regards to trading instructions whereby a clients order to offer 500,000 shares for sale at $0.035 was incorrectly entered as 50,000,000 shares. It was subsequently corrected. Emerald Bay appreciates that the broker acknowledged and corrected the mistake in a timely manner. -30- To … [Read more...]
Exercise of Options
Toronto, Ontario (FSCwire) - Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX-V:EOG) announces that the Company has issued 1,200,000 new common shares in the Company pursuant to an exercise of share options at a price of CAD$0.30 per common share (the "Option Shares") and for total proceeds of CAD$360,000. Application has been made for the Option Shares, which will rank pari passu with the Company's existing common shares in issue, to be admitted to trading on AIM and dealings are … [Read more...]
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