CALGARY, ALBERTA--(Marketwired - Oct. 19, 2015) - Suncor Energy today commented on the Directors' Circular issued by Canadian Oil Sands Limited ("COS" TSX Symbol "COS"), which recommends that COS shareholders not tender to Suncor's $4.3 billion Offer to acquire all of the outstanding shares of COS for a consideration of 0.25 of a Suncor share per COS share. "We encourage Canadian Oil Sands shareholders to determine for themselves whether our Offer is in their best interests," said Steve [Read more]
Inter Pipeline – Third Quarter 2015 Conference Call and Webcast
CALGARY, ALBERTA--(Marketwired - Oct. 19, 2015) - Inter Pipeline Ltd. ("Inter Pipeline") (TSX:IPL) will announce its third quarter 2015 financial and operating results on November 5, 2015, and has scheduled a conference call and webcast to begin at 9:00am (Mountain Time) / 11:00 am (Eastern Time) on November 6, 2015 for interested shareholders, analysts and members of the media. To participate in the conference call, please dial 416-340-2216 or 800-355-4959. A pass code is not required. [Read more]
Aly Energy Completes Equity Raise, Enters Into Amendment to Credit Agreement That Waives Prior Covenant Default
HOUSTON, TX--(Marketwired - Oct 19, 2015) - Aly Energy Services, Inc. ("Aly Energy") (OTCQB: ALYE) today announced that, effective September 30, 2015, it has closed an equity subscription resulting in net proceeds of $3.35 million and entered into a second amendment to its credit agreement. Equity Offering The Company previously reported that it had commenced a private offering to accredited investors of 1,562,500 shares of its common stock at a price of $3.20 per share on June [Read more]
Select Sands Starts Test Production at Sandtown Arkansas, USA
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 19, 2015) - Select Sands Corp (TSX VENTURE:SNS)(OTC PINK:CLICF) (the "Company") is pleased to announce that Missouri, US based Explosive Contractors Inc has extracted the first test silica sand sample in the starter pit at the Company's Sandtown project in Arkansas, USA. About 2,000 tons out of the 5,600 tons of silica sand extracted is to be processed and delivered to potential customers in energy for hydraulic fracturing and industrial markets [Read more]
Canadian Oil Sands’ Board Unanimously Recommends Shareholders Reject Undervalued, Opportunistic and Exploitive Suncor Offer
CALGARY, AB--(Marketwired - October 19, 2015) - Canadian Oil Sands Limited (TSX: COS) (OTCQX: COSWF) (COS) announced today that its Board of Directors is recommending that shareholders reject the offer by Suncor Energy Inc. (Suncor) to acquire all of COS' common shares. The Board provides the full background to the Suncor offer and the reasons to reject it in a Directors' Circular being disseminated today. The reasons to reject are summarized in a letter to shareholders, the full text of which [Read more]
Northern Spirit Resources Inc. Changes Name to Altura Energy Inc., Announces Details of Share Consolidation, Trading Symbol and New Website
CALGARY, ALBERTA--(Marketwired - Oct. 16, 2015) - Northern Spirit Resources Inc. ("Northern Spirit" or the "Corporation") (TSX VENTURE:NS) is pleased to announce that it has implemented its previously approved first of two consecutive share consolidations (the "Consolidations") of the common shares of the Corporation (the "Common Shares") on the basis of one new Common Share for every 10 existing Common Shares (the "First Consolidation") and a name change from "Northern Spirit Resources Inc." to [Read more]
Petro Vista Provides Update on Sale of Interest in Tartaruga Block, Brazil
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 16, 2015) - Petro Vista Energy Corp. ("Petro Vista" or the "Company") (TSX VENTURE:PTV), announces that the proposed sale, to Maha Energy Inc., of all of its 37.5% undivided working interest in the exploration and production contract covering the Tartaruga offshore hydrocarbon development block (the "Transaction"), as previously announced on June 15, 2015, is still in progress. Both parties are working together to settle the final terms [Read more]
Canadian Oil Sands to Hold Conference Call and Webcast
CALGARY, AB--(Marketwired - October 16, 2015) - Canadian Oil Sands Limited (COS) (TSX: COS) (OTCQX: COSWF) will hold a conference call and webcast on Monday, October 19 at 8:00 a.m. ET.To participate, visit cdnoilsands.com or please call 1-888-231-8191 (within North America) or 647-427-7450 (outside North America).Canadian Oil Sands LimitedCOS holds a 36.74 percent interest in the Syncrude project, the largest producer of light, sweet synthetic oil from Canada's oil sands. As a pure play in [Read more]
Valparaiso Energy Inc.: Announcement of Private Placement
CALGARY, ALBERTA--(Marketwired - Oct. 16, 2015) - Valparaiso Energy Inc. (the "Corporation") (NEX:VPO.H) is pleased to announce that it intends to complete a private placement financing of up to $300,000 through the issuance of units consisting of up to 15,000,000 common shares of the Corporation at a price of $0.02 per share. The common shares will be subject to a four month hold period. Proceeds of the offering will be primarily used for the remediation of an existing natural gas well in [Read more]
Marquee Energy Ltd. Announces Michichi Contingent Resource Assessment
CALGARY, AB--(Marketwired - October 16, 2015) - Marquee Energy Ltd. ("Marquee" or the "Company") (TSX VENTURE: MQL) is pleased to announce the results of an independent contingent resources evaluation performed by Sproule Associates Limited ("Sproule") with an effective date of August 31, 2015. The resource evaluation was prepared in accordance with the Canadian Oil and Gas Evaluation Handbook ("COGEH") and includes the lands held by Marquee as of August 31, 2015 in the Michichi area of Alberta [Read more]
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