CALGARY, AB--(Marketwired - August 10, 2016) - Stonehaven Exploration Ltd. (the "Company") (TSX VENTURE: SE) reports that it has changed its name to Front Range Resources Ltd. (the "Name Change"). The Name Change was approved by the shareholders of the Company at the annual and special meeting held on July 29, 2016. The Company expects that the trading of its common shares on the TSX Venture Exchange under the new symbol "FRK" will commence on or about August 11, 2016. The CUSIP number assigned [Read more]
Birchcliff Energy Ltd. Announces 2016 Second Quarter Results, Update on Gordondale Acquisition and Appointment of New Director
CALGARY, ALBERTA--(Marketwired - Aug. 10, 2016) - Birchcliff Energy Ltd. ("Birchcliff") (TSX:BIR) is pleased to announce its 2016 second quarter results, with strong quarterly average production of 39,513 boe/d and record low operating costs of $3.45 per boe. The second quarter marked the announcement of a transformational transaction whereby Birchcliff entered into a definitive agreement to purchase certain oil and natural gas properties in Gordondale, Alberta for approximately $625 million, [Read more]
Kelt Reports Financial and Operating Results for the Three and Six Months Ended June 30, 2016
CALGARY, AB--(Marketwired - August 10, 2016) - Kelt Exploration Ltd. ("Kelt" or the "Company") (TSX: KEL) has released its financial and operating results for the three and six months ended June 30, 2016. The Company's financial results are summarized as follows: FINANCIAL HIGHLIGHTS Three months ended June 30 Six months ended June 30 (CA$ thousands, except as otherwise indicated) 2016 2015(2) % 2016 2015(2) % Revenue, before royalties and [Read more]
Lightstream Announces Update on Recapitalization Transaction
CALGARY, ALBERTA--(Marketwired - Aug. 10, 2016) - Lightstream Resources Ltd. (the "Company" or "Lightstream") (TSX:LTS) announces that, in connection with our previously announced proposed recapitalization transaction to be implemented by way of a plan of arrangement under the Canada Business Corporations Act (the "Arrangement"), the Company continues to seek, but has not yet obtained, sufficient commitments from lenders to provide a new revolving credit facility to the Company upon completion [Read more]
NuVista Energy Ltd. Announces Second Quarter 2016 Financial and Operating Results
CALGARY, ALBERTA--(Marketwired - Aug. 9, 2016) - NuVista Energy Ltd. ("NuVista" or the "Company") (TSX:NVA) is pleased to announce results for the three and six months ended June 30, 2016 and provide an update on its future business plans. NuVista had another strong quarter with continued development drilling program success and lower costs. Netbacks strengthened despite materially lower AECO natural gas prices, as a result of increased condensate production and pricing, reduced operating costs, [Read more]
Canadian Natural Resources Limited Prices C$1.0 Billion in 5.5 Year Notes
CALGARY, ALBERTA--(Marketwired - Aug. 9, 2016) - Canadian Natural Resources Limited (TSX:CNQ) (NYSE:CNQ) ("Canadian Natural" or the "Company") announces that on August 9, 2016, it priced C$1.0 billion principal amount of 3.31% medium-term notes due February 11, 2022 at a price of C$99.985 per C$100 principal amount to yield 3.313% to maturity to be sold to investors in Canada. Net proceeds from the sale of the notes will be used for general corporate purposes relating to the Company's core [Read more]
BlackPearl Announces Second Quarter 2016 Financial and Operating Results
CALGARY, ALBERTA--(Marketwired - Aug. 9, 2016) - BlackPearl Resources Inc. ("BlackPearl" or the "Company") (TSX:PXX) (OMX:PXXS) is pleased to announce its financial and operating results for the three and six months ended June 30, 2016. Highlights include: The Onion Lake thermal EOR project successfully reached its design capacity of 6,000 barrels of oil per day (bbl/d) during the second quarter and is currently producing over 6,400 bbl/d at a steam oil ratio of 2.5. Corporately, [Read more]
Arsenal Energy Inc. Releases Q2 Results and Mailing of Proxy Materials for Its Special Meeting
CALGARY, ALBERTA--(Marketwired - Aug. 9, 2016) - Arsenal Energy Inc. ("Arsenal" or the "Company") (TSX:AEI)(OTCQX:AEYIF) - Arsenal is pleased to release its 2016 Q2 financial and operational results. During the second quarter Arsenal eliminated its bank debt with the closure of the sale of its US operations and its Princess West and Chauvin properties. A business combination with Lone Pine Resources has been negotiated and recommended to shareholders (the "Arrangement"). In connection with [Read more]
Suncor Energy to acquire interest in North Sea Rosebank project
CALGARY, ALBERTA--(Marketwired - Aug. 9, 2016) - Suncor Energy UK Limited ("Suncor") today announced it will acquire a 30 per cent participating interest in the U.K. North Sea Rosebank project from OMV (U.K.) Limited. Under the terms of the agreement, Suncor will make an initial payment of US$50 million on closing. The transaction is subject to conditions, including regulatory approval, and is anticipated to close in the fourth quarter of 2016. In the event the co-venturers approve the [Read more]
Inter Pipeline Announces $1.35 Billion Acquisition of Canadian NGL Midstream Business
CALGARY, ALBERTA--(Marketwired - Aug. 8, 2016) - Inter Pipeline Ltd. ("Inter Pipeline") (TSX:IPL) is pleased to announce that it has entered into an agreement to acquire the shares of The Williams Companies Inc.'s and Williams Partners L.P.'s Canadian natural gas liquids ("NGL") midstream businesses ("Williams Canada") for cash consideration of $1.35 billion, subject to closing adjustments. The transaction is expected to close in the third quarter of 2016 and is subject to approval under the [Read more]
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