CALGARY, ALBERTA--(Marketwired - March 16, 2016) - RMP Energy Inc. ("RMP" or the "Company") (TSX:RMP) is pleased to report for the year ended December 31, 2015 funds from operations of $92.5 million ($0.75 per basic share) on revenue of $161.6 million and average daily production of 12,026 barrels of oil equivalent. Detailed financial and operating results are as follows: Financial Results Three Months Ended Twelve Months Ended (thousands except share and per boe data) (6:1 oil [Read more]
Valparaiso Energy Inc. Announces Closing of First Tranche of Common Share Private Placement
CALGARY, ALBERTA--(Marketwired - March 16, 2016) - Valparaiso Energy Inc. (the "Corporation") (NEX:VPO.H) is pleased to announce the closing of the first tranche of a non-brokered private placement (the "Private Placement") resulting in the aggregate gross proceeds of $35,000. A total of 1,750,000 shares ("Shares") in the capital of the Corporation were issued at a price of $0.02 per Share. The securities issued pursuant to the Private Placement are subject to a four-month hold [Read more]
Encana Announces Tender Offers
CALGARY, AB--(Marketwired - March 16, 2016) - (TSX: ECA) (NYSE: ECA) Encana Corporation ("Encana" or the "Company") today announced that it has launched offers to purchase for cash (collectively, the "Tender Offers" and each a "Tender Offer") its outstanding senior notes listed in the table below (collectively, the "Notes"), upon the terms and conditions described in the Company's Offer to Purchase dated March 16, 2016 and related Letter of Transmittal (collectively, the "Offer [Read more]
Traverse Energy Ltd. Announces Normal Course Issuer Bid
CALGARY, ALBERTA--(Marketwired - March 16, 2016) - Traverse Energy Ltd. (the "Corporation") (TSX VENTURE:TVL) is pleased to announce that the TSX Venture Exchange (the "TSXV") has accepted the notice filed by the Corporation of its intention to make a normal course issuer bid through the facilities of the TSXV. Pursuant to the notice accepted by the TSXV, the Corporation may, during the period commencing March 22, 2016 and ending March 21, 2017, purchase for cancellation, through the [Read more]
Birchcliff Energy Ltd. Announces a Reduction in its 2016 Capital Budget, Confirmation of its 2016 Production Guidance and the Filing of its 2015 Audited Annual Financial Statements
CALGARY, ALBERTA--(Marketwired - March 16, 2016) - Birchcliff Energy Ltd. ("Birchcliff") (TSX:BIR) is pleased to announce that it has reduced its planned capital expenditures for 2016 by $12 million to $128 million, down from $140 million under Birchcliff's original capital program, while maintaining its annual average production guidance of 40,000 to 41,000 boe per day. In addition, Birchcliff is pleased to announce the results of its 2015 Independent Montney/Doig Natural Gas Resource [Read more]
marcus evans’ 2016 Edition of the Chem/Petrochem & Refinery Shutdowns and Turnarounds Conference Will Take Place at the Astor Crowne Plaza
NEW ORLEANS, LA--(Marketwired - March 16, 2016) - marcus evans will host the 8th Chem/Petrochem & Refinery Shutdowns and Turnarounds Conference on July 26-28, 2016 at the Astor Crowne Plaza in New Orleans. This plant level focused meeting will enable you to achieve a successfully executed turnaround through optimal scope management, planning and scheduling, budget forecasting, cost tracking, and workforce labor quality. For the last 7 years, this annual conference has been one of the [Read more]
Junex Comments on its Trading Activity
QUEBEC CITY, QUEBEC--(Marketwired - March 16, 2016) - Junex Inc. (TSX VENTURE:JNX) ("Junex" or the "Company"), at the request of the Investment Industry Regulatory Organization of Canada (IIROC), announces that it is not aware of any material undisclosed information that might explain the unusual recent market activity on its securities. About Junex Junex is a junior oil and gas exploration company that holds exploration rights on approximately 5.2 million acres of land in the [Read more]
Spartan Energy Corp. Announces Exercise of Over-Allotment Option and Completion of $96.3 Million Equity Financing
CALGARY, ALBERTA--(Marketwired - March 16, 2016) - Spartan Energy Corp. (TSX:SPE) is pleased to announce that it has closed its previously announced bought-deal financing of 39,938,375 common shares ("Common Shares"), which includes the exercise in full of the over-allotment option of 4,668,375 Common Shares, at a price of $2.41 per Common Share for aggregate gross proceeds of approximately $96.3 million. The syndicate of underwriters was led by Peters & Co. Limited and included GMP [Read more]
Cardinal Energy Ltd. Announces Reserves and Fourth Quarter and 2015 Year-End Results
CALGARY, ALBERTA--(Marketwired - March 16, 2016) - Editors Note: There is a photo associated with this press release. Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX:CJ) is pleased to announce its operating and financial results for the quarter and year ended December 31, 2015 as well as its 2015 year end reserves. 2015 Financial and Operating Highlights During the fourth quarter of 2015 Cardinal completed an acquisition in the Slave Lake area of Alberta (the "Mitsue [Read more]
Private Placement of HK$ 189,999,990 of Common Shares Under the General Mandate to Bright Hope Global Investments Limited
HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - March 15, 2016) - The Board of Directors (the "Board") of Sunshine Oilsands Ltd. (the "Corporation" or "Sunshine") (HKEX: 2012) is pleased to announce the following: PRIVATE PLACEMENT OF HK$ 189,999,990 OF COMMON SHARES (a) The Placement On March 15, 2016 in Hong Kong (March 15, 2016 in Calgary), the Corporation entered into a subscription agreement (the "Subscription Agreement") with Bright Hope Global Investments [Read more]
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