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]
Emerald Bay Energy Announces New Members of South Texas Technical Team
Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc. (TSX Venture: EBY) (the “Company” or “Emerald Bay”) is pleased to announce the addition of Matt Heroy and Jason Geiger to the Company’s technical advisory team in South Texas. Over the past ten years Mr. Heroy and Mr. Geiger were responsible for field operations at producing properties in the Salt Flat Field within close proximity to Emerald Bay’s Wooden Horse project. During their time at Salt Flat, Mr. Heroy and Mr. Geiger were in [Read more]
Emerald Bay Closes Private Placement
Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc. (TSX Venture: EBY) (the "Corporation", the "Company" or "Emerald Bay") today reported that the Corporation has closed its previously announced private placement. Pursuant to this closing of the private placement, an aggregate 20,000,000 units ("Units") were issued to four (4) subscribers (of which 200,000 Units were acquired by an officer of the Corporation and 12,000,000 were acquired by an insider of [Read more]
Update on 3D Processing
Toronto, Ontario (FSCwire) - Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX-V: EOG), is pleased to provide an update on the processing and interpretation of its recently acquired 2,550 sq km of 3D seismic on the Company's Orinduik Block, offshore Guyana. As previously announced, Eco's partner and Block Operator Tullow Oil ("Tullow"), contracted PGS Geophysical in the UK to process the data acquired for the partnership by Western Geophysical. Eco has recently received the [Read more]
Emerald Bay Announces Private Placement
Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc. (TSX Venture: EBY) (the "Corporation", the "Company" or "Emerald Bay") today reported that the Corporation is proposing a private placement offering of up to $500,000 (up to maximum of 20,000,000 common shares ("Common Shares") of the Corporation). The Common Shares are to be issued under a unit offering whereby up to a maximum of 20,000,000 units ("Units") at a subscription price of $0.025 [Read more]
Emerald Bay Energy Commences Operations on Imhoff 1 Well
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 work over and equip the Imhoff 1 well at the Company’s Wooden Horse property in Southwest Texas. The work over will be completed today and the well will then be put on production. Shelby Beattie, President and CEO of the Company commented, “We are excited to have a rig on location and to get the operations underway on [Read more]
Tribute Resources Inc. Announces the Bankruptcy of Tocardo International B.V.
London, Ontario (FSCwire) - Tribute Resources Inc. (TSX-V:TRB) (“Tribute”), announces that Tocardo International BV (“Tocardo”) has entered into bankruptcy proceedings in the Netherlands. Tribute is unclear as to the status of their 46.5% share ownership in Tocardo or as to the process which will be untaken for the bankruptcy proceedings at this time. Tribute has enquired with the receiver but has yet to receive a response. Tribute is currently evaluating their options with respect to the [Read more]
Georox to Acquire Certain Producing Oil and Gas Interests in Southwest Saskatchewan, Amends Non-Brokered 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) is pleased to announce that it has entered into an asset purchase agreement to acquire certain high working interest producing oil (~94%) and natural gas (~6%) interests in Southwest Saskatchewan and Eastern Alberta, from arm's‑length vendors (the [Read more]
Canadian Overseas Petroleum Reports 2017 Year End 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 its results for the year ending December 31, 2017. Click on, or paste the following link into your web browser, to view the associated PDF document. http://www.rns-pdf.londonstockexchange.com/rns/6879I_1-2018-3-22.pdf For further information, please [Read more]
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