CALGARY, ALBERTA--(Marketwired - Jan. 19, 2016) - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX:TVE) is pleased to announce that a successful second half 2015 drilling program in the Wilson Creek and Alder Flats areas of Alberta contributed to a record fourth quarter 2015 production average of approximately 9,870 boe/d (59-60% liquids) (using field estimates for December, 2015), exceeding Tamarack's exit guidance of 9,500-9,700 boe/d (55-60% liquids). Tamarack achieved its exit [Read more]
NuVista Energy Ltd. Announces Operational Update and Reconfirms Credit Facility
CALGARY, ALBERTA--(Marketwired - Jan. 18, 2016) - NuVista Energy Ltd. ("NuVista" or the "Company") (TSX:NVA) is pleased to announce a number of updates that highlight the economic viability and flexibility of NuVista's ongoing business. Corporate metrics have met all original guidance expectations for 2015, while well results continue to improve and outperform. The company is entering 2016 with a healthy balance sheet and a plan underpinned by new data showing the lowest well costs and best well [Read more]
Highbank Proceeding With 3rd Tranche & Oversubscriptions of Financing in the News
VANCOUVER, BC--(Marketwired - January 18, 2016) - Highbank Resources Ltd. (TSX VENTURE: HBK)(FRANKFURT: V7O), (the "Company"). Financing: Further to our news release of September 17th, 2015 whereby the Company proposed a private placement of 7.0 million shares at a price of $0.08 per share with 7.0 million warrants attached at a price of $0.15 per share if exercised within the first year and at a price of $0.20 per share if exercised within the second year; the Company is [Read more]
Synergy Resources Corporation Announces Participation in Upcoming Events
DENVER, CO--(Marketwired - January 18, 2016) - Synergy Resources Corporation (NYSE MKT: SYRG), a U.S. oil and gas exploration and production company focused on the Greater Wattenberg Area of the Denver-Julesburg Basin, announced that members of its senior management team will participate in the following hosted investor events:Seaport Global Securities SoCal Energy Day, January 19, 2016, Los Angeles, California. Credit Suisse 21st Annual Energy Summit, February 22 - February 25, 2016, Vail, [Read more]
Petro Vista Executes Binding Defintive Agreement for the Sale of Interest in Tartaruga Block
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 18, 2016) - Petro Vista Energy Corp. (TSX VENTURE:PTV) ("Petro Vista" or the "Company"), announces that further to its news releases of June 15, 2015 and October 16, 2015, it has now entered into a binding sale and purchase agreement (the "Agreement") with Maha Energy Inc. ("Maha") for the sale (the "Transaction") of its wholly owned Brazilian subsidiary Petro Vista Energy Petroleo do Brasil Ltda. ("PVEB"). PVEB holds a 37.5% undivided working [Read more]
Canamax Energy Ltd. Completes Going Private Transaction
CALGARY, AB--(Marketwired - January 18, 2016) - Canamax Energy Ltd. ("Canamax") (TSX VENTURE: CAC) is pleased to announce that Canamax and 1936003 Alberta Ltd. ("AcquisitionCo") and Edge Natural Resources LLC, have completed the previously disclosed business combination of Canamax and AcquisitionCo pursuant to a plan of arrangement under the Business Corporations Act (Alberta) (the "Arrangement"). Under the terms of the Arrangement, AcquisitionCo has acquired all of the issued and outstanding [Read more]
Granite Oil Corp. Announces Monthly Dividend for January
CALGARY, ALBERTA--(Marketwired - Jan. 18, 2016) - GRANITE OIL CORP. ("Granite") (TSX:GXO)(OTCQX:GXOCF) is pleased to announce that a dividend of $0.035 per common share will be paid in cash on February 15, 2016 to shareholders of record on January 31, 2016 with an ex-dividend date of January 27, 2016. This dividend has been designated as an "eligible dividend" for Canadian income tax purposes. Granite Oil Corp.Michael KabanukPresident & CEO(587) 349-9123Granite Oil Corp.Jonathan [Read more]
Suncor Energy and Canadian Oil Sands reach agreement to support acquisition
CALGARY, ALBERTA--(Marketwired - Jan. 18, 2016) - Suncor Energy Inc. (TSX:SU)(NYSE:SU) and Canadian Oil Sands Limited (TSX:COS) are pleased to announce that they have reached an agreement to support the offer by Suncor to purchase all of the shares of COS. Under the terms of the support agreement (the "Agreement") Suncor has agreed to amend its offer (the "Amended Offer") to provide for an increase in the original offer to COS shareholders to 0.28 of a Suncor share for each COS share. The [Read more]
Nexen Energy ULC – Media Advisory
CALGARY, ALBERTA--(Marketwired - Jan. 16, 2016) - At 12:00 p.m. MST on Saturday, January 16, Nexen will hold an information session regarding the explosion and fatality at our Long Lake Facility on January 15. On behalf of Nexen and CNOOC, we want to express our deepest sympathies to the impacted families. LOCATION: Event Centre at the University of Calgary Downtown Campus located at 906 - 8 Ave SW, Calgary, [Read more]
Nexen Responds to Incident at Long Lake Facility
CALGARY, ALBERTA--(Marketwired - Jan. 15, 2016) - Nexen Energy ULC (Nexen) is responding to an incident at its Long Lake oil sands facility south of Fort McMurray. In the afternoon of Friday, January 15, an explosion occurred at Nexen's Long Lake facility in northern Alberta. Our emergency response plan has been activated and response personnel, including first responders from the Regional Municipality of Wood Buffalo, are on site. We are deeply saddened to confirm one fatality and a [Read more]
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