CALGARY, ALBERTA--(Marketwired - Aug. 23, 2016) - Alberta Oilsands Inc. ("AOS" or the "Corporation") (TSX VENTURE:AOS) wishes to clarify certain allegations made by Smoothwater Capital Corporation ("Smoothwater"), as well as provide an update on the annual general meeting of the Corporation originally scheduled for September 23, 2016. SMOOTHWATER ALLEGATIONS On August 21, 2016, Smoothwater issued a press release expressing their disapproval of the Corporation's acquisition of Marquee (the [Read more]
PetroShale Announces Financial and Operating Results for Second Quarter 2016
CALGARY, ALBERTA--(Marketwired - Aug. 23, 2016) - PetroShale Inc. ("PetroShale" or the "Company") (TSX VENTURE:PSH)(OTCQX:PSHIF) is pleased to announce its financial and operating results for the second quarter ended June 30, 2016. The Company's unaudited consolidated financial statements and corresponding Management's Discussion and Analysis (MD&A) for the three and six month periods ended June 30, 2016 are available on SEDAR at www.sedar.com, on the OTCQX website at www.otcqx.com, and on [Read more]
Veresen Announces Common Share Dividend for August 2016 and Quarterly Dividend on its Preferred Shares
CALGARY, ALBERTA--(Marketwired - Aug. 22, 2016) - Veresen Inc. ("Veresen") (TSX:VSN) announces that its Board of Directors has declared a cash dividend for August 2016 of $0.0833 per common share. The dividend will be paid on September 23, 2016 to shareholders of record at the close of business on August 31, 2016. This dividend is designated an "eligible dividend" for Canadian income tax purposes. As previously announced, the Board of Directors has elected to suspend the Premium [Read more]
Sunshine Oilsands Ltd.: Grant of Share Options
HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - Aug. 21, 2016) - This announcement is made pursuant to Rule 17.06A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules"). The board of directors of Sunshine Oilsands Ltd. (the "Corporation") (HKSE:2012) announces that share options (the "Options") to acquire Class "A" common shares in the capital of the Corporation (the "Shares") were granted by the Corporation, to certain [Read more]
Manitok Energy and Raimount Energy Announce Closing of Arrangement and Manitok Energy Announces Closing of Non-Brokered Subscription Receipt Financing and Appointment of Director
CALGARY, ALBERTA--(Marketwired - Aug. 19, 2016) - Manitok Energy Inc. ("Manitok") (TSX VENTURE:MEI) and Raimount Energy Inc. ("Raimount") (TSX VENTURE:RMT) are pleased to announce that the previously announced plan of arrangement under the Business Corporations Act (Alberta) (the "Arrangement") involving Manitok, Raimount, the holders of common shares of Raimount (the "Raimount Shareholders") and 1977746 Alberta Inc. ("Acquireco"), a wholly owned subsidiary of Manitok, has been completed. The [Read more]
Marquee Energy Ltd. and Alberta Oilsands Inc. Announce Strategic Business Combination to Create a Well Capitalized Company With a Focused Oil Asset Base Positioned for Growth
CALGARY, AB--(Marketwired - August 19, 2016) - Marquee Energy Ltd. ("Marquee") (TSX VENTURE: MQL) and Alberta Oilsands Inc. ("Alberta Oilsands") (TSX VENTURE: AOS) are pleased to announce that they have entered into an arrangement agreement (the "Arrangement Agreement") whereby Alberta Oilsands will acquire all of the issued and outstanding common shares of Marquee (the "Marquee Shares") pursuant to a plan of arrangement under the Business Corporations Act (Alberta) (the "Arrangement"). [Read more]
Perisson Petroleum Completes Twining Oil and Gas Acquisition
CALGARY, ALBERTA--(Marketwired - Aug. 18, 2016) - Perisson Petroleum Corporation ("Perisson" or the "Company") (TSX VENTURE:POG) is pleased to announce that the Company has completed the last stage of the closing process of the purchase of the Twining assets announced on May 19, 2016, by completing the final statement of adjustments related to the purchase. As a result, the Company made an additional payment of approximately $142,000 to the Receiver for the asset. The Company has received its [Read more]
Paramount Resources Ltd. Announces Closing of Musreau / Kakwa Asset Sale to Seven Generations
CALGARY, ALBERTA--(Marketwired - Aug. 18, 2016) - Paramount Resources Ltd. (TSX:POU) ("Paramount" or the "Company") is pleased to announce that it has completed its Musreau / Kakwa asset sale (the "Sale Transaction") to Seven Generations Energy Ltd. ("7G"). Consideration received by Paramount under the Sale Transaction totaled approximately $2.1 billion, and included approximately $0.5 billion in cash (after adjustments), approximately $1.0 billion in 7G shares (based on the August 17 closing [Read more]
Seven Generations Closes Acquisition of Montney Nest Assets That Significantly Expand High-Growth Kakwa River Project
CALGARY, ALBERTA--(Marketwired - Aug. 18, 2016) - Seven Generations Energy Ltd. (TSX:VII) has closed its acquisition of Montney liquids-rich natural gas assets in northwest Alberta from Paramount Resources Ltd. "This acquisition significantly expands our Kakwa River Project, increasing our proved reserves by about 47 percent and our inventory of high-growth Nest acreage by about 35 percent. At a similar development stage to our original Kakwa lands, these high-quality Montney lands are well [Read more]
Questfire Energy Corp. Announces 2016 Second Quarter Financial Results
CALGARY, ALBERTA--(Marketwired - Aug. 18, 2016) - Questfire Energy Corp. (the "Corporation" or "Questfire") (TSX VENTURE:Q.A)(TSX VENTURE:Q.B) is pleased to announce that it has filed on SEDAR its unaudited interim financial statements and related management's discussion and analysis ("MD&A") for the three and six month periods ended June 30, 2016. Financial and Operating Highlights Three months ended June 30, Six months ended June [Read more]
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