St. Albert, Alberta (FSCwire) - Enterprise Group, Inc. (the “Company” or “Enterprise”) (TSX: E), a consolidator of services to the energy sector; focused primarily on specialized equipment rental; today released its Q2 2018 results. Consolidated: Three months ended June 30, 2018 Three months ended June 30, 2017 restated(2) Six months ended June 30, 2018 Six months ended June 30, 2017 [Read more]
Emerald Bay Energy Moves PRI Rig to Kuhn A5 Well
Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc. (TSX Venture: EBY) (the “Company” or “Emerald Bay”) reported today that the Company has moved it’s Production Resources Inc. (PRI) service rig from the Kuhn 3 well to Kuhn A5. The Company had arranged for a third party rig to be available this week to put Kuhn A5 on production. Late last week the Company was informed that rig mobilization to the Kuhn A5 well could take up to 4 weeks and no other rigs in the area were available. The Company [Read more]
Point Loma Resources Provides Operational Update
Calgary, Alberta (FSCwire) - Point Loma Resources Ltd. (TSX VENTURE: PLX) (the “Corporation” or “Point Loma”) is pleased to provide an update on its recent and upcoming activities; Highlights: Production has grown to over 1000 boepd with an increase of approximately 90% of oil and ngl volumes from Q1 2018; Q1-2018 3D seismic program and trade data merger covers an area of approximately 35 square km including the Corporation’s West Cove lands; Analysis of the data has [Read more]
Emerald Bay Energy Sells 165 Barrels of Oil from Poenitz-1
Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) (the “Company” or “Emerald Bay”) is pleased to announce that the Company has sold 165 barrels of oil from the Poenitz-1 well at the Company’s Cottonwood Creek project in Southwest Texas. The Poenitz lease currently has one well producing from the Navarro formation. The Company is in discussions with a potential partner to drill up to 10 additional Navarro and Austin Chalk wells on the 100 acre Poenitz lease, [Read more]
Emerald Bay Energy Begins Kuhn 3 Re-Entry
Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc. (TSX Venture: EBY) (the “Company” or “Emerald Bay”) is pleased to announce that operations have begun to re-enter the Kuhn 3 well and acidize the previously unstimulated Upper Austin Chalk formation. As Kuhn 3 is 40 feet high to the recently completed Kuhn 4 well, our technical team anticipates similar, if not better results. The well will be swab tested over the next over the next 7-10 days to determine flow rates, and the Company will [Read more]
Synstream Energy Corp. Announces Resignation of a Director
Calgary, Alberta (FSCwire) - Synstream Energy Corp. (“Synstream” or the “Company”) (TSXV:SHM), announced today that, effective immediately, Mr. James Ross has resigned as a director of the Company. Management of the Company continues to pursue a research and evaluation program aimed at assessing proposals for alternative business development opportunities submitted by various stakeholders. These opportunities require extensive due diligence and to this end the Company will explore the merits [Read more]
Cub Energy Inc. Announces Results of NY-3 Well and Recompletion of O-9 Well in Eastern Ukraine
Houston, Texas (FSCwire) - Cub Energy Inc. (“Cub” or the “Company”) (TSX-V: KUB), a Ukraine-focused upstream oil and gas company, announces that KUB-Gas LLC (“Kub-Gas”), Cub’s 35%-owned subsidiary which owns and operates the eastern Ukraine licenses, announces results of two recent operations. O-9 Well in the Olgovskoye License Kub-Gas recently recompleted the Olgovskoye-9 (“O-9”) well to a “behind pipe pay” zone designated as the Bashkirian-3 (“B3”). During a standard multi-rate test, [Read more]
Emerald Bay Energy Reports on Kuhn 4 and Kuhn 3 Wells
Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc. (TSX Venture: EBY) (the “Company” or “Emerald Bay”) is pleased to provide the following update on the Kuhn 4 and Kuhn 3 wells at the Company’s Wooden Horse project in Southwest Texas. With the recent successful results in drilling and testing the Kuhn A5 well, the Company has begun moving forward with the following operations: Kuhn 4 was re-entered and perforated in the Austin Chalk formation earlier this week, and then stimulated with [Read more]
Georox Announces Technical Team for Management and Development of Assets, Agrees to Operations Settlement of Dispute on Red Earth Operations and Grants Stock Options to Directors and Consultants
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 it has appointed several officers and consultants to join its team to manage and develop the recently acquired oil assets. Sarshar Ahmad – Vice President of Exploration and Development Mr Ahmad is an Explorationist with over 20 [Read more]
Point Loma Resources Announces Closing of Private Company Acquisition
Calgary, Alberta (FSCwire) - Point Loma Resources Ltd. (TSX VENTURE: PLX) (the “Corporation” or “Point Loma”) is pleased to announce that it has closed the previously announced acquisition of a private oil and gas company (the “Acquisition”). The purchase price of the Acquisition was $1,557,600.00 and was paid with the issuance of 5,192,000 common shares of the Corporation. Highlights Point Loma has acquired a private oil and gas company with assets focused in East Central Alberta at [Read more]
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