CALGARY, ALBERTA--(Marketwired - Nov. 30, 2016) - Delphi Energy Corp. (TSX:DEE) ("Delphi" or the "Company") is pleased to provide an update to its previously announced letter of intent dated November 8, 2016. Delphi expects to execute a definitive agreement in connection with that strategic arrangement (the "Transaction") with the existing working interest industry partner (the "Partner") in the coming days. It is anticipated that the closing of the Transaction will be on, or about, December 22, [Read more]
Manitok Energy Inc. Announces Financial and Operational Results for the Third Quarter of 2016
CALGARY, ALBERTA--(Marketwired - Nov. 30, 2016) - Manitok Energy Inc. (the "Corporation" or "Manitok") (TSX VENTURE:MEI) announces its financial and operating results for the third quarter of 2016. The full text of Manitok's third quarter results are contained in its unaudited condensed interim consolidated financial statements as at and for the three and nine months ended September 30, 2016 and the related management's discussion and analysis, copies of which are available electronically on [Read more]
Marquee Energy Ltd. and Alberta Oilsands Inc. Announce Receipt of Final Order
CALGARY, AB--(Marketwired - November 29, 2016) - Marquee Energy Ltd. ("Marquee") (TSX VENTURE: MQL) and Alberta Oilsands Inc. ("AOS") (TSX VENTURE: AOS) are pleased to announce that the Court of Queen's Bench of Alberta has issued a final order approving the proposed acquisition of Marquee by AOS through a plan of arrangement involving Marquee, its shareholders and AOS (the "Arrangement"). Completion of the Arrangement remains subject to the satisfaction or waiver of certain additional [Read more]
Marquee Energy Ltd. Announces Third Quarter 2016 Operating & Financial Results
CALGARY, AB--(Marketwired - November 29, 2016) - Marquee Energy Ltd. ("Marquee" or the "Company") (TSX VENTURE: MQL) announces its third quarter financial and operational results for the three and nine months ended September 30, 2016. The Company's financial statements and Management's Discussion and Analysis ("MD&A") for the three and nine months ended September 30, 2016 are available on SEDAR at www.sedar.com and on Marquee's website at www.marquee-energy.com. ABOUT MARQUEE Marquee [Read more]
CAPP: Trans Mountain approval marks Canada’s opportunity to compete globally
CALGARY, ALBERTA--(Marketwired - Nov. 29, 2016) - The Government of Canada's approval to build the Trans Mountain Expansion Project (TMEP) will connect the country's abundant oil resources to new customers around the world, creating and supporting jobs for Canadians from coast to coast. Canada is a world-class producer of oil and with new investments in energy infrastructure - such as pipelines - Canada has the potential to become a world-class supplier in a globally competitive market. [Read more]
Blacksteel Energy Inc. Closes Acquisition of 30% Working Interest in Girouville Assets
CALGARY, ALBERTA--(Marketwired - Nov. 29, 2016) - Blacksteel Energy Inc. (TSX VENTURE:BEY) ("Blacksteel") is pleased to announce that it has closed the acquisition (the "Acquisition") of a 30% working interest (the "Blacksteel Interest") in certain oil and gas assets around Girouxville in Northwest Alberta (the "Assets"). Blacksteel acquired the Blacksteel Interest (the "Acquisition") from Drakkar Energy Ltd. ("Drakkar"), for a purchase price of $600,000, concurrent with Drakkar's purchase of [Read more]
Manitok Announces Closing of Offering of $5 Million Flow-Through and Common Share Offering
CALGARY, ALBERTA--(Marketwired - Nov. 29, 2016) - Manitok Energy Inc. (the "Corporation" or "Manitok") (TSX VENTURE:MEI) is pleased to announce that it has closed its previously announced best efforts offering (the "Offering") for total aggregate proceeds of approximately $5.05 million, completed by way of a short form base shelf prospectus as supplemented by the Corporation's prospectus supplement dated November 22, 2016. In connection with the Offering, Manitok issued: (a) 7,562,923 [Read more]
Marquee Energy Ltd. and Alberta Oilsands Inc. Announce Settlement With Smoothwater Capital
CALGARY, AB--(Marketwired - November 29, 2016) - Marquee Energy Ltd. ("Marquee") (TSX VENTURE: MQL) and Alberta Oilsands Inc. ("AOS") (TSX VENTURE: AOS) are pleased to announce that they have reached a settlement with Smoothwater Capital Corporation ("Smoothwater") in respect of Smoothwater's prior opposition to the proposed acquisition of Marquee by AOS through a plan of arrangement involving Marquee, its shareholders and AOS (the "Arrangement") and the completion of the short-form vertical [Read more]
Raging River Exploration Inc. Announces $58 Million Dodsland Viking Property Acquisition
CALGARY, ALBERTA--(Marketwired - Nov. 28, 2016) - Raging River Exploration Inc. ("Raging River" or the "Company") (TSX:RRX) announces that it has closed a Viking consolidation transaction (the "Acquisition") from an arm's length energy producer. The Company acquired approximately 620 boe/d (97% light oil) of production and 24 net sections of land prospective for Viking light oil, for total cash consideration of approximately $58 million subject to customary closing adjustments. ACQUISITION [Read more]
Savanna Provides Update to AIMCo Financing
CALGARY, ALBERTA--(Marketwired - Nov. 28, 2016) - Savanna Energy Services Corp. ("Savanna") (TSX:SVY) announces that Alberta Investment Management Corporation ("AIMCo") has advised it that AIMCo does not intend to consent to a change of control of Savanna that may result from Total Energy Services Inc.'s previously announced intention to make an offer for the outstanding common shares of Savanna (the "Common Shares"). In the event of a change of control within six months of the closing date of [Read more]
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