CALGARY, ALBERTA--(Marketwired - Nov. 9, 2015) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. High North Resources Ltd. (TSX VENTURE:HN) (the "Company" or "High North") announces that effective November 2, 2015, Gabriel Ollivier has resigned as a member of the board of directors of the Company to focus on his other ongoing commitments and increasing professional obligations. High North's President and Chief Executive Officer, [Read more]
Pine Cliff Energy Ltd. Announces $185 Million Strategic Acquisition, $60 Million Offering, Private Placement and Operations Update
CALGARY, ALBERTA--(Marketwired - Nov. 9, 2015) - Pine Cliff Energy Ltd. ("Pine Cliff" or the "Company") (TSX VENTURE:PNE) is pleased to announce that it has entered into an agreement with a senior oil and gas producer (the "Vendor") to acquire certain mainly natural gas weighted assets in the Viking area of Central Alberta (the "Viking Assets") and Ghost Pine area of Central Alberta (the "Ghost Pine Assets" and collectively with the Viking Assets, the "Assets") for cash consideration of $185 [Read more]
Canadian Spirit Resources Inc. Announces Private Placement
CALGARY, ALBERTA--(Marketwired - Nov. 9, 2015) - Canadian Spirit Resources Inc. ("CSRI" or the "Corporation") (TSX VENTURE:SPI)(OTCBB:CSPUF) announces that it is proposing to undertake, subject to TSX Venture Exchange approval, a non-brokered private placement offering of an aggregate of a minimum of $3,250,000 and a maximum of $4,000,000 of a combination of common shares of the Corporation issued on a flow-through basis pursuant to the Income Tax Act ("Flow-Through Shares") at a price of $0.20 [Read more]
Long Run Exploration Ltd. Announces Amendments to Proposed Private Placement and Initiates Strategic Asset Rationalization
CALGARY, ALBERTA--(Marketwired - Nov. 9, 2015) - Long Run Exploration Ltd. ("Long Run" or the "Company") (TSX:LRE) announces that due to current market conditions, Long Run has amended the terms of its previously announced private placement with Maple Marathon Investments Limited ("Maple Marathon") and MIE Holdings Corporation ("MIE") and commenced a formal asset rationalization program. The amended terms of the private placement along with the asset rationalization program ensure that the [Read more]
Anderson Energy Announces a Proposed Transaction to Restructure Its Convertible Debentures
CALGARY, ALBERTA--(Marketwired - Nov. 9, 2015) - Anderson Energy Inc. ("Anderson" or the "Company") (TSX:AXL) announces a proposed transaction to exchange its outstanding convertible debentures (the "Debentures") for equity (the "Transaction"). THE PROPOSAL The Company intends to mail a proposal to the holders of the Debentures (the "Debentureholders") to restructure the Debentures as follows: $50.0 million 7.50% Series A convertible debentures due on January 31, [Read more]
Tuscany to Drill Exploration Well at Winter Saskatchewan
CALGARY, ALBERTA--(Marketwired - Nov. 9, 2015) - Tuscany Energy Ltd. (TSX VENTURE:TUS) ("Tuscany" or the "Company") reports that in the second half of November 2015 the Company plans to commence drilling operations on a horizontal well targeting a potential heavy oil Dina structure on its Winter prospect in Saskatchewan. The Winter HZ 191/05-36-042-25W3M well is expected to commence drilling on November 20, 2015. If successful, the Company plans to have the well on production by the [Read more]
Husky Achieves Milestone with Madura Strait BD Gas Development
CALGARY, AB--(Marketwired - November 09, 2015) - Husky Energy (TSX: HSE) and its partners have achieved a significant milestone in advancing the Madura Strait BD gas-condensate field offshore Indonesia towards production.The jacket and wellhead platform for the liquids-rich gas development were sailed out in late October and have been successfully installed in approximately 55 metres of water. Development drilling is now expected to soon commence, and the project remains on target for first [Read more]
PrairieSky Announces Third Quarter 2015 Results
CALGARY, ALBERTA--(Marketwired - Nov. 9, 2015) - PrairieSky Royalty Ltd. ("PrairieSky" or the "Company") (TSK:PSK) is pleased to announce its third quarter operating and financial results for the period ended September 30, 2015. 2015 Third Quarter Highlights: Funds from Operations of $36.5 Million or $0.23 per share, basic and diluted Revenues of $44.0 Million including $42.1 Million of Product Revenue with an [Read more]
Canadian Natural Resources and PrairieSky Royalty Announce Combination of Royalty Businesses and Concurrent PrairieSky Financing
CALGARY, ALBERTA--(Marketwired - Nov. 9, 2015) - Canadian Natural Resources Limited ("Canadian Natural") (TSX:CNQ)(NYSE:CNQ) and PrairieSky Royalty Ltd. ("PrairieSky") (TSX:PSK) are pleased to announce that they have entered into an agreement (the "Combination Agreement") to combine their royalty businesses, unifying two of the largest fee simple mineral title and royalty positions in Western Canada into a single Canadian enterprise (the "Transaction"). Through the Transaction, PrairieSky will [Read more]
Gordon Creek Energy: Debenture Update
CALGARY, ALBERTA--(Marketwired - Nov. 6, 2015) - Gordon Creek Energy Inc. (TSX VENTURE:GDN) (the "Company") today announced that it is continuing its efforts to re-finance its existing indebtedness, including the outstanding CAD$10 million series of 15% Gas Linked Debentures that was due October 31, 2015. The Company is also looking to secure additional development financing in order to continue the development of its proved and probable acreage at its Gordon Creek, Utah natural gas field. The [Read more]
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