CALGARY, ALBERTA--(Marketwired - March 25, 2015) - Arcan Resources Ltd. (TSX VENTURE:ARN) ("Arcan" or the "Corporation") announces its financial and operating results as well as reserves for the year ended December 31, 2014. "Corporate initiatives to strengthen our balance sheet dominated our news flow in 2014, culminating in the February 2015 conversion of $171.3 million of debentures into equity. Some key operational achievements were also worth highlighting, including maintaining flat [Read more]
Peyto Exploration & Development Corp. Announces $150 Million Equity Offering
CALGARY, ALBERTA--(Marketwired - March 25, 2015) - Peyto Exploration & Development Corp. ("Peyto" or the "Company") (TSX:PEY) has today entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, under which the underwriters have agreed to buy 4,380,000 common shares of the Company ("Common Shares") and sell to the public at a price of $34.25 per Common Share, representing an aggregate amount of approximately $150 million. The Company has granted the underwriters [Read more]
Pan Orient Energy Corp.: Thailand L53-DC1ST1 Well
CALGARY, ALBERTA--(Marketwired - March 25, 2015) - Concession L53 Onshore Thailand - L53-DC1ST1 Appraisal Well Pan Orient Energy Corp. ("Pan Orient" or the "Company") (TSX VENTURE:POE) is pleased to provide an update on the L53-DC1ST1 appraisal well on behalf of Pan Orient Energy (Siam) Ltd., in which Pan Orient Energy Corp. has a 50% ownership interest. Pan Orient Energy (Siam) Ltd. is the operator of Concession L53 with a 100% working interest. The L53-DC1ST1 [Read more]
Pan Orient Announces 2014 Year-End Thailand Reserves Update
CALGARY, ALBERTA--(Marketwired - March 25, 2015) - Pan Orient Energy Corp. ("Pan Orient" or the "Company") (TSX VENTURE:POE) announced the results of its December 31, 2014 independent reserves evaluation for Thailand on-shore Concession L53/48 where Pan Orient Energy (Siam) Ltd., a wholly owned subsidiary of Pan Orient at December 31, 2014, is the operator and has a 100% working interest. The evaluation for the Thailand assets as at December 31, 2014 was conducted by Sproule International [Read more]
Hawk Announces Year End Reserves and Provides Operations Update
CALGARY, ALBERTA--(Marketwired - March 25, 2015) - Hawk Exploration Ltd. ("Hawk" or the "Corporation") (TSX VENTURE:HWK.A) is pleased to provide an operations update and a summary of its December 31, 2014 reserve information as evaluated by GLJ Petroleum Consultants Ltd. ("GLJ"). HIGHLIGHTS Increased total proved plus probable reserves by 59% to 2,875 thousand barrels of oil equivalent ("MBoe") from 1,814 MBoe; Increased total proved reserves by 17% to 1,335 MBoe from 1,145 [Read more]
Xcite Energy Limited Announces Results for the Year Ended 31 December 2014
ABERDEENSHIRE, UNITED KINGDOM--(Marketwired - Mar 25, 2015) - Xcite Energy Ltd (TSX VENTURE: XEL) (LSE: XEL) (AIM: XEL) TSX-V: XEL; LSE: XEL NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION TSX-V: XEL; LSE: XEL 25 March 2015 Xcite Energy Limited ("Xcite Energy" or the [Read more]
MEG Energy announces Board of Directors approval of advance notice by-law
CALGARY, ALBERTA--(Marketwired - March 24, 2015) - MEG Energy Corp. (TSX:MEG) reports the adoption by its Board of Directors of an advance notice by-law requiring, among other things, a set deadline by which shareholders must notify the Corporation in writing of an intention to nominate directors prior to any meeting of shareholders at which directors are to be elected, and, which further sets forth the information that the shareholder must include in the notice for it to be valid. The advance [Read more]
2015 CAPP Scotiabank Investment Symposium Draws More Than 90 Oil, Natural Gas, Transportation and Services Companies
CALGARY, ALBERTA--(Marketwired - March 24, 2015) - Senior executives from more than 90 oil and natural gas companies, major pipeline and service companies, along with hundreds of institutional investors from across North America, Europe and Asia, will be in Toronto April 8 and 9 for the 2015 CAPP Scotiabank Investment Symposium to grow investment in Canada's energy sector. Investor presentations will be complemented by panel discussions with LNG proponents, transportation company [Read more]
Maple Leaf Royalties Corp. Enters Agreement to Purchase Oil and Gas Assets
CALGARY, ALBERTA--(Marketwired - March 23, 2015) - Maple Leaf Royalties Corp. (TSX VENTURE:MPL) ("Maple Leaf" or the "Company") is pleased to announce that it has entered into a definitive purchase agreement with Maple Leaf 2012-II Energy Income Limited Partnership ("Vendor") pursuant to which it has agreed to acquire various royalty interests and non-operated working interests in a total of 17 oil and natural gas wells in Alberta and Saskatchewan (the "Acquired Assets") in consideration of the [Read more]
Ecosphere Technologies Receives 10th U.S. Patent for Hydraulic Fracturing Operations
STUART, FL--(Marketwired - March 24, 2015) - Ecosphere Technologies, Inc. (OTCQB: ESPH), a technology development and intellectual property licensing company, today announced that another Ozonix® patent has been approved by the U.S. Patent and Trademark Office (USPTO), bringing Ecosphere's Ozonix® intellectual property portfolio to 10 approved U.S. patents with an additional 11+ patents pending. On March 3, 2015, the USPTO issued a formal Notice of Allowance for Patent # 8,968,577, which is a [Read more]
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