CALGARY, ALBERTA--(Marketwired - July 2, 2015) - Tanager Energy Inc., (TSX VENTURE:TAN) (the "Corporation") advises that it has closed the purchase of a 39% working interest in an oil and gas property for $110,000. The property consists of one producing CBM gas well, one producing Mannville gas well, and one suspended Devonian D3 oil well. In addition the purchase includes a 50 percent interest in 2 sections of P&NG rights currently undeveloped. An evaluation by GLJ Petroleum Consultants [Read more]
Delphi Energy Grants an Extension to Closing of Greater Wapiti Assets Disposition
CALGARY, ALBERTA--(Marketwired - July 2, 2015) - Delphi Energy Corp. (TSX:DEE) ("Delphi" or the "Company") reports that it has granted an extension to the closing date of its previously announced disposition. In consideration for the extension of the closing date, the Company has received and deposited an additional $5.0 million non-refundable deposit from the purchaser, bringing the total deposit amount to $10.0 million, which will be applied against the purchase price of $50.0 million at [Read more]
Forent Energy Ltd. Completes Corporate Acquisition, Non-Brokered Private Placement, and Renews Credit Facility
CALGARY, ALBERTA--(Marketwired - July 2, 2015) - Forent Energy Ltd. (TSX VENTURE:FEN)("Forent" or the "Company") is pleased to report that the Company has closed its previously announced acquisition of an Alberta-based private resource company (the "Acquisition Company") and a concurrent non-brokered private placement, for an aggregate of $ 2.2 million at 40 cents per share on a post-consolidation basis. Forent's current Management and insiders participated for an aggregate of $984,000 of the [Read more]
Waldron Energy Corporation Announces Extension of TSX Delisting Review
CALGARY, ALBERTA--(Marketwired - July 2, 2015) - Waldron Energy Corporation ("Waldron" or the "Corporation") (TSX:WDN) is pleased to announce that the Toronto Stock Exchange (the "TSX") has extended its delisting review of the Corporation's common shares for a period of 30 days. The TSX currently intends to make a decision regarding the Corporation's eligibility for continued listing on the TSX by August 3, 2015. This is an extension from an earlier TSX review date of July 3, 2015, as [Read more]
Bonterra Energy Corp. Confirms Cash Dividend for June 2015 Payable July 31, 2015
CALGARY, ALBERTA--(Marketwired - July 2, 2015) - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) announces that the June 2015 monthly cash dividend will be $0.15 per share and will be paid on July 31, 2015. The record date for the dividend is July 15, 2015 and the ex-dividend date is July 13, 2015. The dividend is paid monthly and is subject to commodity prices and production levels. The dividend is considered an "eligible dividend" for tax purposes. Bonterra Energy [Read more]
ZaZa Energy Reports Mid-Year 2015 Reserves and Operational Update
HOUSTON, TX--(Marketwired - July 01, 2015) - ZaZa Energy Corporation (NASDAQ: ZAZA)Mid-year 2015 proved reserves increased by 487% to 5.9 MMBOE from year-end 2014Proved developed reserves increased by 46% to 1.0 MMBOEPre-tax PV10 of proved reserves increased by 238% to $48.8 million3P reserves of 21.5 MMBOE with 270 drilling locationsZaZa Energy Corporation ("ZaZa" or the "Company") (NASDAQ: ZAZA) today provided a reserves and operations update on the Company's activities in the Eagle Ford [Read more]
Cheniere’s Sabine Pass LNG Plant Expansion Makes Headway, an Industrial Info News Alert
SUGAR LAND, TX--(Marketwired - Jul 1, 2015) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Last week marked important progress in Cheniere Energy's (NYSE:LNG) (Houston, Texas) project to build a fifth and sixth liquefaction train at its Sabine Pass liquefied natural gas (LNG) production terminal in Cameron Parish, Louisiana. The U.S. Federal Energy Regulatory Commission (FERC) rejected a challenge regarding the expansion project, and the U.S. Department of Energy issued its [Read more]
Dejour Provides AGM Voting Results
VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 30, 2015) - Dejour Energy Inc. (NYSE MKT:DEJ)(TSX:DEJ), an independent oil and natural gas exploration and production company operating in North America's Piceance Basin and Peace River Arch regions, announces the results of its Annual and Special Meeting of Shareholders held on June 29, 2015 at the Company's Vancouver office. The following sets forth a brief description of each matter which was voted upon at the Meeting and the outcome [Read more]
Crescent Point Energy & Legacy Oil + Gas Inc. Announce Closing of Legacy Oil + Gas Acquisition
CALGARY, ALBERTA--(Marketwired - June 30, 2015) - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG)(NYSE:CPG) and Legacy Oil + Gas Inc. ("Legacy") (TSX:LEG) are pleased to announce today that Crescent Point has completed the acquisition of all of the issued and outstanding common shares of Legacy by way of arrangement (the "Legacy Acquisition"). Under the terms of the Legacy Acquisition, shareholders of Legacy exchanged each of their common shares for 0.095 of a common [Read more]
Gear Energy Ltd. Announces Amended Credit Facility and New Executive Appointment
CALGARY, ALBERTA--(Marketwired - June 30, 2015) - Gear Energy Ltd. ("Gear") (TSX:GXE) announces an amended credit facility following a semi-annual review by its bank syndicate and a new executive appointment. The credit facility has been amended to a borrowing base of $90 million, a reduction from its previous $130 million borrowing base. The reduction is primarily a result of reduced commodity pricing and had been anticipated at the beginning of 2015, with Gear proactively reducing debt [Read more]
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