CALGARY, Alberta, Sept. 14, 2017 (GLOBE NEWSWIRE) -- Touchstone Exploration Inc. (“Touchstone” or the “Company”) (TSX:TXP) (LSE:TXP) is pleased to provide the following operational update. Highlights Achieved July 2017 and August 2017 crude oil sales of 1,349 and 1,591 barrels per day (“bbls/d”), respectively. The first two wells of the 2017 drilling program drilled on the Coora 1 block have been on production for the last 90 days at an average combined rate of 202 bbls/d; current field [Read more]
Tanager Energy Announces Upgrade to OTCQB Listing and Changes Trading Symbol to “TANEF”
CALGARY, Alberta, Sept. 12, 2017 (GLOBE NEWSWIRE) -- Tanager Energy Inc. (“Tanager” or the “Corporation”) (TSX-V:TAN) (OTCQB:TANEF) is pleased to announce that effective September 8, 2017, the symbol for trading of Tanager’s common shares in the United States on the OTCQB® Venture Market (“OTCQB”) has changed from “MNIRF” to “TANEF”. Tanager continues to trade on the TSX Venture Exchange (“TSX-V”) under the trading symbol “TAN”. Effective August 25, 2017, Tanager’s common shares were [Read more]
Bayshore Petroleum Corp. Announces Update on Private Placement Financing
CALGARY, Sept. 11, 2017 (GLOBE NEWSWIRE) -- Bayshore Petroleum Corp. (“Bayshore” or the “Company”) (TSX Venture Exchange:BSH) announced previously, on May 2, 2017, and updated on May 31, 2017, that the Company would pursue a non-brokered private placement financing consisting of up to 24 million common shares priced at $0.05 per share for gross proceeds of $1.2 million, less any commissions or finders fees paid. Discussions with interested parties since that time have led to changes in the [Read more]
Gibsons Announces 1.1 Million Barrel Hardisty Terminal Expansion
CALGARY, Alberta, Sept. 11, 2017 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (“Gibsons” or the “Company”), (TSX:GEI), is pleased to announce the construction of 1.1 million barrels of new tankage at its Hardisty Terminal. The two 300,000 barrel tanks and one 500,000 barrel tank are expected to be placed in service in the third quarter of 2019 and will increase the total capacity of the terminal to 10 million barrels. The two 300,000 barrel tanks are underpinned by a long-term, fixed fee contract with [Read more]
Tidewater Midstream and Infrastructure Ltd. Extends and Increases Take-or-Pay Processing Agreement at Brazeau River Complex
CALGARY, Alberta, Sept. 06, 2017 (GLOBE NEWSWIRE) -- Tidewater Midstream and Infrastructure Ltd. ("Tidewater" or the "Company") (TSX VENTURE:TWM) is pleased to announce that in its ongoing effort to maximize utilization and secure long-term volumes it has extended the term of a take-or-pay processing agreement by an additional two years to December 2020 and increased the volume commitment by approximately 10 MMcf/d to 30 MMcf/d with provision to deliver volumes up to 45 MMcf/d throughout the [Read more]
Cenovus reaches agreement to sell Pelican Lake assets for approximately $1 billion
CALGARY, Alberta, Sept. 05, 2017 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) has entered into a definitive agreement to sell its Pelican Lake heavy oil operations, as well as other miscellaneous assets in northern Alberta for gross cash proceeds of $975 million. The sale is expected to close on or before September 30, 2017, subject to normal closing conditions. Proceeds from the sale will be applied against the $3.6 billion asset-sale bridge facility put in place to help fund [Read more]
RMP Energy Announces $80 Million Disposition of Assets and Name Change
CALGARY, Alberta, Sept. 01, 2017 (GLOBE NEWSWIRE) -- RMP Energy Inc. (“RMP” or the “Company”) (TSX:RMP) is pleased to announce that it has entered into a definitive purchase and sale agreement (the "Agreement") with Tangle Creek Energy Ltd. ("Tangle Creek") pursuant to which Tangle Creek will acquire all of RMP’s crude oil and natural gas interests in the Waskahigan/Grizzly, Kaybob, Gilby, Pine Creek areas of West Central Alberta in addition to other minor Alberta properties (collectively the [Read more]
Tanager Energy Announces Operational Update on the Sidekick A #1 Well Located in Polk County, Texas
CALGARY, Alberta, Sept. 01, 2017 (GLOBE NEWSWIRE) -- Tanager Energy Inc. (“Tanager” or the “Corporation”) (TSX-V:TAN) (OTCQB:MNIRF) is pleased to announce the completion of drilling activities and logging of its Sidekick A #1 well. The Sidekick A #1 encountered two potentially productive zones by log analysis. Further testing, such as sidewall coring and formation tests, could not be performed on the well due the approach of tropical storm Harvey. The Sidekick A #1 well was drilled to a total [Read more]
Marksmen Energy Inc. Announces Consolidated Financial Result for 3 and 6 Months Ended June 30, 2017 and Update Regarding Private Placement
CALGARY, Alberta, Aug. 29, 2017 (GLOBE NEWSWIRE) -- Marksmen Energy Inc. (TSX-V:MAH) (OTCQB:MKSEF) (“Marksmen” or the “Company”) and its wholly owned subsidiary Marksmen Energy USA, Inc. announces financial results for the interim 3 and 6 month period ended June 30, 2017 as well as an update regarding the current private placement. The following documents have been filed on SEDAR: Financial Statements Management’s Discussion and Analysis (“MD&A”) Form 52-109FV2 Certificate of [Read more]
Questfire Energy Corp. Announces 2017 Second Quarter Financial Results
CALGARY, Alberta, Aug. 29, 2017 (GLOBE NEWSWIRE) -- Questfire Energy Corp. (the “Corporation” or “Questfire”) (TSX Venture:Q.A) is pleased to announce that it has filed on SEDAR its unaudited financial statements and related management’s discussion and analysis (“MD&A”) for the three and six months ended June 30, 2017. Financial and Operating Highlights Three months ended June 30, Six months ended June [Read more]
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