BOE Report

SeaBird Exploration: completion of Subsequent Offering, new shares issued

Oslo 27 December 2017 Reference is made to the stock exchange announcements dated 19 December 2017 and 20 December 2017 regarding the result of the subsequent offering by SeaBird Exploration PLC ("SeaBird" or the "Company") of up to 50,000,000 new Class A shares (the "Offer Shares") at a subscription price of NOK 0.10 per share (the "Subsequent Offering"). The share capital increase pertaining to the Subsequent Offering has now been registered in the Cyprus Company Register. The number [Read more]

EMGS reports multi-client late sales and revenues related to existing multi-client licenses

Electromagnetic Geoservices ASA (the "Company" or "EMGS") has entered into an agreement with one of its clients related to the client's licenses to CSEM data from EMGS' multi-client library in Norway. The agreement covers the client's merger with another entity and the merger fees payable as a result of this, as well as an upfront settlement of all uplifts which would otherwise be payable to EMGS from that client as a result of license awards in APA17 and the 24th licensing round in Norway. [Read more]

Petroteq Energy Inc., Year-End Message from the Chairman

LOS ANGELES, CA, Dec. 27, 2017 (GLOBE NEWSWIRE) -- Petroteq Energy Inc. (the "Company") (TSX VENTURE: PQE) (OTCQX: PQEFF) (FRANKFURT: A2DYWC), a Company focused on the development and implementation of proprietary technologies including environmentally safe extraction of heavy oils from oil shale deposits and shallow oil deposits, and blockchain technology named PetroBloq, released the following letter to Shareholders: Dear Shareholders, As 2017 comes to a close I wanted to share with [Read more]

Capstone Secures Another 2MW Order for Flare Gas Reduction in California

CHATSWORTH, Calif., Dec. 27, 2017 (GLOBE NEWSWIRE) -- Capstone Turbine Corporation (www.capstoneturbine.com) (Nasdaq:CPST), the world's leading clean technology manufacturer of microturbine energy systems, announced today that it received an order for two C1000 Signature Series microturbines to power an oil and gas site in California. Cal Microturbine, one of Capstone’s distributors for California, secured the order. The oil and gas site is in a remote location with no access to the [Read more]

Marksmen Announces Closing of Private Placement

CALGARY, Alberta, Dec. 22, 2017 (GLOBE NEWSWIRE) -- Marksmen Energy Inc. (TSX-V:MAH) (OTCQB:MKSEF) (“Marksmen” or the “Company”) announces that it has completed its non-brokered private placement announced on December 12, 2017 for 3,826,333 units (the “Units”) of Marksmen at a price of $0.15 per Unit for aggregate gross proceeds of $573,949.95 (the “Offering”). Each Unit is comprised of one (1) common share (“Common Share”) and one-half of one (1/2) share purchase warrant (“Warrant”) of [Read more]

Granite Oil Corp. Announces Credit Facility Amendment

CALGARY, Alberta, Dec. 22, 2017 (GLOBE NEWSWIRE) -- GRANITE OIL CORP. (“Granite” or the “Company”) (TSX:GXO)(OTCQX:GXOCF) is pleased to announce that the semi-annual review of its credit facility has been completed.  The Company voluntarily reduced the availability under the credit facility from $60 million to $50 million, consisting of a $45 million revolving demand credit facility and a $5 million revolving demand operating facility.  The Company has sufficient liquidity and financial [Read more]

Vital Announces Extension of Outstanding Debentures and New Debenture Offering

CALGARY, Alberta, Dec. 22, 2017 (GLOBE NEWSWIRE) -- Vital Energy Inc. (“Vital”) announced today that, further to its news release dated December 23, 2015, the maturity date of the outstanding 8% secured convertible debentures in the aggregate principal amount of $2,075,000, have been extended for an additional one year period, from December 23, 2017 to December 23, 2018. The other debenture issued on December 23, 2015 in the principal amount of $50,000 has been repaid. At the time of issuance, [Read more]

Tidewater Midstream and Infrastructure Ltd. Announces Closing of Deep Basin and Montney Acquisition, Provides Update on BRC Expansion and Reaffirms Exit 2017 Annualized Run-Rate Adjusted EBITDA Guidance

CALGARY, Alberta, Dec. 21, 2017 (GLOBE NEWSWIRE) -- Closing of Deep Basin and Montney Acquisition Tidewater Midstream and Infrastructure Ltd. (“Tidewater” or the “Corporation”) (TSX:TWM) is pleased to announce that it has completed its previously announced acquisition of certain assets in the Deep Basin and Montney region for net cash consideration of $34 million.  Together with Tidewater’s previously announced acquisition of a pipeline in the Wapiti region, Tidewater’s key pieces of [Read more]

Harvest Operations Corp. Confirms Decision to Start Its Blackgold Oil Sands Project

CALGARY, Alberta, Dec. 21, 2017 (GLOBE NEWSWIRE) -- Harvest Operations Corp. (“Harvest” or the “Company”) announced today its decision to re-sanction and complete the construction and commissioning of its 10,000 bbl/d BlackGold SAGD oil sands project near Conklin, Alberta. Harvest had previously suspended work in early 2015 dues to the drastic fall in oil prices. Major work at site has already commenced and will progress through the winter with the aim of commissioning wells and commencing steam [Read more]

Freehold Royalties Ltd. Acquires a Long Life Cardium Royalty Asset

CALGARY, Alberta, Dec. 20, 2017 (GLOBE NEWSWIRE) -- Consistent with our strategy of enhancing the quality of our underlying asset base, Freehold Royalties Ltd. ("Freehold") (TSX:FRU) is pleased to announce the closing today of the acquisition of a long life, light oil gross overriding royalty (GORR). Royalty Acquisition Freehold is acquiring a new 2% GORR in petroleum and natural gas rights in the Cardium in 173,440 gross (120,960 net) acres of land in the greater Pembina area. The purchase [Read more]