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]
Emerald Bay Energy Provides Update on Ihmoff 1 and Poenitz Wells, and PRI Operations in South Texas
Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc. (TSX Venture: EBY) (the “Company” or “Emerald Bay”) is pleased to provide the following update on recent well optimization operations at the Imhoff and Poenitz leases, and at the Company’s subsidiary, Production Resources Inc (PRI). The Imhoff 1 well workover commenced several weeks ago and the well has been flowing at a rate of approximately 80 bbls/day of total fluid. We are now seeing a consistent oil cut and the Company is moving [Read more]
Purchase Agreement to Acquire Producing Oil and Gas Interests in Saskatchewan and Alberta Amended
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]
Emerald Bay Energy Spuds Kuhn A5 Well In South Texas
Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc. (TSX Venture: EBY) (the “Company” or “Emerald Bay”) is pleased to announce that drilling operations have commenced on the Kuhn A5 well at the Company’s Wooden Horse play in South Texas. The well will be drilled to a depth of 2500 feet. The location was chosen to target a previously undrilled structure. Drilling will take approximately five days at which point the Company will assess the commercial viability of the well. -30- About [Read more]
Tribute Resources Inc. Announces Suspension from Trading on the TSX Venture Exchange
London, Ontario (FSCwire) - Tribute Resources Inc. (TSX-V:TRB) (“Tribute”), announces that as of May 4, 2018 the TSX Venture Exchange suspended trading of Tribute’s securities as a result of a Cease Trade Order issued by the Ontario Securities Commission. Tribute is currently in default of filing its audited statements for the year ended December 31, 2017 due to delays in the Company’s audit. Tribute is working diligently with the auditors to have these statements completed and filed as soon [Read more]
Synstream Energy Corp. Announces Intention to Proceed with Share Consolidation and Make Application to TSX-Venture Exchange in Relation to Potential Change of Business
Calgary, Alberta (FSCwire) - Synstream Energy Corp. (“Synstream” or the “Company”) (TSXV:SHM) announced today that, subject to regulatory approval, management expects to proceed with a share consolidation approved by shareholders at the Corporation’s annual general meeting held in 2016. The resolution approved at that time authorized management to consolidate the outstanding shares on a 1 for 10 or lesser ratio as the Board of Directors may determine. Presently, the Board intends to pursue a [Read more]
Canadian Overseas Petroleum Files Q1 2018 Results
Calgary, Alberta (FSCwire) - Canadian Overseas Petroleum Limited ("COPL" or the "Company") (XOP: TSX-V) & (COPL: LSE), an international oil and gas exploration and development company focused on offshore Africa, announces the filing of the first quarter results ending March 31, 2018. During the first quarter of 2018, the Company continued to work with its investment bankers and its joint venture partner Shoreline Energy to source funds for its appraisal/development [Read more]
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