CALGARY, ALBERTA--(Marketwired - Jan. 23, 2015) - Freehold Royalties Ltd. ("Freehold" or the "Company") (TSX:FRU) announces that it has closed its previously announced acquisition of Anderson Energy Ltd. ("Anderson"). Total consideration associated with the transaction was $35 million with Freehold funding the deal through its existing bank credit line. Freehold acquired Anderson pursuant to a plan of arrangement (the "Arrangement") under the Business Corporations Act (Alberta). Pursuant to [Read more]
Anderson Energy Inc. Announces Closing of Plan of Arrangement
CALGARY, ALBERTA--(Marketwired - Jan. 23, 2015) - Anderson Energy Inc. (the "Company") (TSX:AXL) announces the completion of the previously announced reorganization of the business of Anderson Energy Ltd. ("Prior Anderson") pursuant to a plan of arrangement under the Business Corporations Act (Alberta) (the "Arrangement"). Under the terms of the Arrangement, approximately 92% of the oil and gas assets1 previously owned and operated by Prior Anderson have been transferred to the Company and [Read more]
Shoreline Energy Corp. Announces Management Changes
CALGARY, ALBERTA--(Marketwired - Jan. 22, 2015) - Shoreline Energy Corp. (TSX:SEQ) ("Shoreline" or the "Corporation") announces that Mr. Gary Lobb has resigned as Chief Financial Officer of the Corporation effective immediately to pursue other interests. "On behalf of the Board of Shoreline, we wish Gary the very best in his future endeavours." said Trevor Folk, Chief Executive Officer. Effective immediately Mr. Trevor Folk will assume the role of Chief Financial Officer and a [Read more]
Maple Leaf Enters Agreement to Purchase Oil and Gas Royalties
CALGARY, ALBERTA--(Marketwired - Jan. 22, 2015) - Maple Leaf Royalties Corp. (TSX VENTURE:MPL) ("Maple Leaf") is pleased to announce that it has entered into a definitive purchase agreement with Maple Leaf 2012 Energy Income Limited Partnership ("Vendor") pursuant to which it has agreed to acquire royalty interests in nine oil and gas wells located in Alberta (the "Royalties") in consideration of the issuance and delivery to Vendor of 23,000,000 common shares (the "Purchase Price Shares") of [Read more]
NuVista Energy Ltd. Presenting at CIBC 18th Annual Institutional Investor Conference in Whistler
CALGARY, ALBERTA--(Marketwired - Jan. 22, 2015) - NuVista Energy Ltd. (TSX:NVA) announces that Jonathan Wright, President and CEO of NuVista, will be presenting at the CIBC 18th Annual Institutional Investor Conference in Whistler on Friday, January 23rd at 9:10am PST. His Presentation will be available via Audio Cast by entering https://webcasts.welcome2theshow.com/cibcwhistler2015. INVESTOR INFORMATION NuVista is an independent Canadian oil and natural gas exploration, [Read more]
Blackbird Energy Inc. Announces Appointment of Vice President, Exploration
CALGARY, ALBERTA--(Marketwired - Jan. 22, 2015) - Blackbird Energy Inc. (TSX VENTURE:BBI) ("Blackbird" or the "Company") is pleased to announce that Mr. Craig Wiebe has been appointed to the position of Vice President, Exploration. Prior to his appointment as Vice President, Exploration, Mr. Wiebe held the position of Consulting Geologist with Blackbird. Mr. Wiebe is a Professional Geologist with over 20 years exploration and development experience, the majority being in unconventional [Read more]
Toro Announces 2015 Capital Budget and Strategy
CALGARY, ALBERTA--(Marketwired - Jan. 22, 2015) - Toro Oil & Gas Ltd. (TSX VENTURE:TOO) ("Toro" or the "Company") announces its approved capital budget and strategic plan for 2015. In light of the current low commodity price environment and limited visibility on timing for recovery, Toro's Board of Directors approved a 2015 conservative capital expenditure program of $12 million. The Company intends to limit capital spending in the first half of the year and defer drilling expenditures to [Read more]
Pengrowth Announces Significant 2014 Achievements and Proactive Measures to Ensure Its Financial Health and Sustainability in a Low Commodity Price Environment
CALGARY, ALBERTA--(Marketwired - Jan. 21, 2015) - Pengrowth Energy Corporation (TSX:PGF) (NYSE:PGH) today announced significant accomplishments in 2014 including: Production performance exceeding the top end of production guidance of 71,000 to 73,000 barrels of oil equivalent per day (boe/d) even with mature asset sales of 1,400 boe/d. Superior execution costs and production rates on Pengrowth's conventional assets. Successfully completing the construction, commissioning and first steam [Read more]
Southern Pacific Files for Creditor Protection Under the CCAA
CALGARY, ALBERTA--(Marketwired - Jan. 21, 2015) - Southern Pacific Resource Corp. (TSX:STP) announces today that it and certain of its subsidiaries (and partnership), Southern Pacific Energy Ltd., 1614789 Alberta Ltd., 1717712 Alberta Ltd. and Southern Pacific Resource Partnership (collectively "Southern Pacific" or the "Company") have obtained creditor protection under the Companies' Creditors Arrangement Act (Canada) (the "CCAA") pursuant to an Order granted on January 21, 2015 by the Court of [Read more]
Encana to Present at the CIBC 18th Annual Whistler Institutional Investor Conference
CALGARY, AB--(Marketwired - January 21, 2015) - Encana Corporation (TSX: ECA) (NYSE: ECA)Michael McAllister, Executive Vice-President and Chief Operating Officer, will be presenting at the CIBC 18th Annual Whistler Institutional Investor Conference on Thursday, January 22, 2015 at approximately 10:00 a.m. PT (11:00 a.m. MT) in Whistler, B.C.Links to the audiocast and presentation slides will be available at the start of the presentation on Encana's website, www.encana.com, under Invest in [Read more]
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