CALGARY , April 30, 2013 /CNW/ - Whitecap Resources Inc. ("Whitecap") (WCP.TO) is pleased to announce that Whitecap has completed the previously announced acquisition of Invicta Energy Corp. ("Invicta") (VCA.V) pursuant to a plan of arrangement (the "Arrangement") under the provisions of theBusiness Corporations Act (Alberta). Whitecap has acquired all of the issued and outstanding common shares of Invicta for $219,324 in cash and the issuance of an aggregate of 4,832,188 common shares of [Read more]
First Mountain Exploration Ltd. completes property acquistion and files 2012 financial results
CALGARY , April 30, 2013 /CNW/ - First Mountain Exploration Ltd. ("First Mountain") (TSX Venture: FMX) is pleased to announce that it has closed the acquisition of producing oil and gas properties in the Lanaway and Fir areas of Alberta for cash consideration of $400,000 , before closing adjustments and related costs as previously announced on April 17, 2013 . First Mountain has filed on SEDAR its audited annual financial statements ("Financial Statements") and related management's discussion [Read more]
Ironhorse Announces 2012 Financial and Operating Results and Year-end Reserves
CALGARY , April 30, 2013 /CNW/ - Ironhorse Oil & Gas Inc. ("Ironhorse" or the "Company") (IOG.V) announces its 2012 financial and operating results and year-end reserves information. The Company's year-end reserves evaluation with the effective date of December 31, 2012 was prepared by GLJ Petroleum Consultants Ltd. and Sproule Associates Limited in accordance with definitions, standards and procedures contained in the Canadian Oil and Gas Evaluation Handbook ("COGE Handbook") and NI 51-101 [Read more]
Athabasca Oil Corporation Advances the Development of its Thermal and Light Oil Assets and Reports First Quarter 2013 Results
CALGARY, April 30, 2013 /CNW/ - Athabasca Oil Corporation (TSX:ATH.TO) is pleased to report its first quarter 2013 results. Highlights include: In the Thermal Oil Division, construction at Hangingstone Project 1 is currently proceeding as planned. Appraisal programs to further delineate bitumen resources at Hangingstone Project 2 and Dover West Sands continued along with a third production phase of the Thermal Assisted Gravity Drainage ("TAGD") Leduc Pilot and Demonstration Project at Dover [Read more]
Palliser Oil & Gas Corporation announces Normal Course Issuer Bid
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATE/ CALGARY , April 29, 2013 /CNW/ - Palliser Oil & Gas Corporation ("Palliser" or the "Company") (PXL.V) is pleased to announce that the TSXV Venture Exchange ("TSXV") has accepted Palliser's Notice of Intention to make a Normal Course Issuer Bid (the "Bid") to purchase for cancellation, from time to time, as Palliser considers advisable, up to a maximum of 5,909,409 common shares (the "Common [Read more]
TriOil Announces Appointment of New Director, Approval of Advance Notice Bylaw, and the Date of its Annual General and Special Meeting of Shareholders
CALGARY , April 29, 2013 /CNW/ - TriOil Resources Ltd. ("TriOil" or the "Company" - TSXV:TOL) announces the appointment of Glen D. Roane as a director of the Company and the adoption of an advance notice bylaw (the "Bylaw"). In addition, the Company confirms that its annual general and special meeting of shareholders will be held on Tuesday, June 25, 2013 (the "Shareholders Meeting"). Appointment of New Director The board of directors (the "Board") has appointed Mr. Roane to serve as a member [Read more]
Gibson Energy Inc. Confirms Items to be Voted on at its Upcoming Annual and Special Meeting
CALGARY, April 29, 2013 /CNW/ - Gibson Energy Inc. ("Gibson" or the "Company"), TSX: GEI, reminds its shareholders of its upcoming annual and special meeting (the "Meeting"). At the Meeting, shareholders will be asked to approve, among other things, an amendment to the Company's articles and an amendment to the Company's equity incentive plan, each as further described in the management information circular of Gibson dated April 4, 2013 (the "Circular"). Shareholders should note that in the [Read more]
Palliser announces Directors approval of Shareholder Rights Plan
CALGARY, April 29, 2013 /CNW/ - (TSXV:PXL.V) Palliser Oil & Gas Corporation (the "Corporation" or "Palliser") announced today that its Board of Directors (the "Board") has adopted a Shareholder Rights Plan (the "Rights Plan"). The Rights Plan is designed to provide shareholders and the Board with adequate time to consider and evaluate any unsolicited bid made for the Corporation, to provide the Board with sufficient time to identify, develop and negotiate alternatives for maximizing [Read more]
Perpetual Energy Inc. announces exercise of option for Warwick Gas Storage, approval of IETP funding for Panny Bitumen Project and credit facility renewal
CALGARY, April 29, 2013 /CNW/ - (TSX:PMT.TO) - Perpetual Energy Inc. ("Perpetual" or the "Company") is pleased to announce: 1) The exercise of its option to purchase an additional 20 percent interest in Warwick Gas Storage ("WGS LP"); 2) Confirmation of funding for the Panny Bitumen Project through the Government of Alberta's Innovative Energy Technologies Program ("IETP"); and 3) Renewal of Perpetual's credit facility with a revised borrowing base of $125 million. Warwick Gas [Read more]
Imperial Oil Announces First Production From Kearl Oil Sands Project (pictures and video)
Technology innovations signal next generation of oil-sands mining Kearl key step in Imperial's plan to double production to 600,000 barrels per day by 2020 First of three froth trains producing bitumen CALGARY, April 27, 2013 /CNW/ - Imperial Oil Limited today announced the start-up of the initial development of the Kearl oil sands project, which incorporates next-generation technology innovations that significantly enhance environmental performance. "Kearl is a historic [Read more]
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