Kelowna, British Columbia (FSCwire) - Georox Resources Inc. ("Georox" or the "Corporation") (GXR:TSX-V; OF6A:FRA) is pleased to announce that it has completed its previously announced agreement to acquire certain high working interest producing oil (~94%) and natural gas (~6%) interests in Southwest Saskatchewan (Luseland, Hearts Hill and Cuthbert) and Eastern Alberta ( Cuthbert), from arm's-length private vendors (the "Acquisition" or the "Transaction"). Georox was Transaction lead, having [Read more]
Emerald Bay Energy Mobilizes PRI Rig to Kuhn A5 Well
Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc. (TSX Venture: EBY) (the “Company” or “Emerald Bay”) is pleased to announce that the Company has mobilized one of the two service rigs owned by Production Resources Inc. (PRI) to be on location at Kuhn A5 tomorrow to begin completion operations. The company has arranged to perforate and acidize a 5 foot interval in the Buda formation, and the rig will swab for several days to test the inflow rates and oil cut. Further information about testing [Read more]
Point Loma Resources: Industry Pays $33 million for Duvernay Shale Oil Acreage Near Company Lands
Calgary, Alberta (FSCwire) - Point Loma Resources Ltd. (TSX VENTURE: PLX) (the “Corporation” or “Point Loma”) is pleased to provide an update on its emerging Duvernay shale oil play, highlighted by the May 30th Alberta Land sale where 81,920 acres near Point Loma’s acreage were acquired by third parties for $33.6 million. Highlights: Point Loma currently holds approximately 15,000 net acres (23 net sections) in the West Duvernay basin May 30, 2018 Alberta Crown land sale saw 81,920 [Read more]
Georox to Proceed with Acquisition
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) is pleased to announce that further to the press release dated March 27, 2018, the Corporation is proceeding with the purchase to acquire certain high-working interest-producing oil (approximately 94 per cent) and natural gas (about 6 per cent) interests in southwest [Read more]
Relentless Resources Announces Acquisition of Late Stage ACMPR Applicant, Record Date of Rights Offering, Fully Funded Phase 1 Cannabis Cultivation Facility, Additions to Its Team, and Proposed Name Change
Calgary, Alberta (FSCwire) - Relentless Resources Ltd. (“Relentless” or the “Company”) is pleased to announce that it has entered into an amalgamation agreement dated May 31, 2018 (the “Amalgamation Agreement”) with Grunewahl Organics Inc. (“Grunewahl”) and Relentless’ wholly-owned subsidiary, 2114152 Alberta Ltd. (“AcquisitionCo”), to acquire all of the issued and outstanding shares of Grunewahl (the “Transaction”). Relentless is also pleased to announce the record date of its previously [Read more]
Tribute Resources Inc. Announces Filing of Annual Information
Not for distribution to United States newswire services or for dissemination in the United States London, Ontario (FSCwire) - Tribute Resources Inc. (TSX-V: TRB) (“Tribute”), announces that it has filed its Audited Consolidated Financial Statements and related Management Discussion and Analysis for the year ended December 31, 2017 on the System for Electronic Document Analysis and Retrieval (“SEDAR”). Copies of these documents can be found on the SEDAR website at www.sedar.com. The 2017 [Read more]
Emerald Bay Energy to Test Buda and Austin Chalk Formations in Kuhn A5 Well
Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc. (TSX Venture: EBY) (the “Company” or “Emerald Bay”) is pleased to announce that the Company’s technical team has completed their evaluation of the recently drilled Kuhn A5 well. During the review process, good oil content was identified in the Buda formation samples that were highly fractured. Additionally, the logs confirmed the significant oil shows in two intervals of the Austin Chalk formation that were observed during drilling [Read more]
Georox Closes Private Placement
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) has completed its previously announced non-brokered private placement (the "Private Placement") of 18,000,000 common shares on an oversubscribed basis for subscriptions of 19,700,000 common shares. The offering was $0.05 per share for aggregate gross proceeds of [Read more]
Emerald Bay Acquires Acreage off Setting Kuhn A5 Well
Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc. (TSX Venture: EBY) (the “Company” or “Emerald Bay”) is pleased to announce that the Company has leased the mineral rights to approximately 134 acres adjacent to the Kuhn lease at the Company’s Wooden Horse play in South Texas. Shelby D. Beattie, President and CEO commented, “After our results over the past week in drilling the Kuhn A5 well, it became apparent to our technical team that this acreage was crucial in furthering our exploration [Read more]
Emerald Bay Cases Kuhn A5 Well
Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc. (TSX Venture: EBY) (the “Company” or “Emerald Bay”) is pleased to announce that the exploratory Kuhn A5 well has been successfully drilled and cased at the Company’s Wooden Horse play in Guadalupe County, Texas. • Kuhn A5 reached total depth of 2351 ft in the Upper Edwards formation. • Target formation was the Austin Chalk. • Mud log, formation samples, and an open-hole log suite confirmed the potential for commercial [Read more]
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