EDMONTON, ALBERTA--(Marketwired - Dec. 3, 2014) - Deep Well Oil & Gas, Inc. (and its subsidiaries - "Deep Well" or "Company") (OTCQB:DWOG) is pleased to announce preliminary results of the Sawn Lake Steam Assisted Gravity Drainage ("SAGD") Demonstration Project. For Phase 1 of the SAGD demonstration project, one SAGD well pair was drilled in the fourth quarter of 2013 to a depth of 650 meters and a horizontal length of 780 meters. After the construction of the SAGD facility for steam [Read more]
MapR Chief Application Architect to Speak at Digital Oilfields Summit
SAN JOSE, CA--(Marketwired - Dec 3, 2014) - MapR Technologies, Inc., provider of the top-ranked distribution for Apache™ Hadoop®, today announced that Chief Application Architect Ted Dunning will present at the upcoming Digital Oilfields USA Summit held in Houston, TX. Additionally in December, MapR will speak on various Hadoop and big data topics at several regional meet ups. Hadoop is a significant aid in streamlining the oil and gas production industry, from testing [Read more]
Birchcliff Energy Ltd. Announces Quarterly Preferred Share Dividend
CALGARY, ALBERTA--(Marketwired - Dec. 3, 2014) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Birchcliff Energy Ltd. ("Birchcliff") (TSX:BIR) today announced that its Board of Directors has declared the following dividends on its outstanding preferred shares: A quarterly cash dividend of $0.50 per share for the calendar quarter ending on December 31, 2014, on Birchcliff's outstanding Cumulative [Read more]
Southern Pacific Launches Review of Capital Structure and Strategic Alternatives
CALGARY, ALBERTA--(Marketwired - Dec. 3, 2014) - Southern Pacific Resource Corp. ("Southern Pacific" or the "Company") (TSX:STP) today announced that its Board of Directors has initiated a process to identify, examine and implement strategic and financial alternatives available to the Company in order to address its liquidity and capital structure. Strategic and financial alternatives may include, but are not limited to, the sale of the Company or all or a portion of its assets, [Read more]
Artek Exploration Ltd. Announces Non-Core Property Dispositions
CALGARY, ALBERTA--(Marketwired - Dec. 2, 2014) - Artek Exploration Ltd. (TSX:RTK) of Calgary, Alberta ("Artek" or the "Company") is pleased to announce that it has entered into purchase and sale agreements to dispose of certain non-core assets (the "Divested Assets") in the Peace River Arch area of Alberta. Total cash consideration, before customary closing adjustments, for the Divested Assets is approximately $21.85 million providing the Company with additional balance sheet strength to [Read more]
Waldron Energy Corporation Announces Engagement of Financial Advisor to Undertake Process to Dispose of Assets in Order to Unlock Shareholder Value
CALGARY, ALBERTA--(Marketwired - Dec. 2, 2014) - Waldron Energy Corporation (TSX:WDN) ("Waldron" or the "Corporation") is pleased to announce that it has engaged Cormark Securities Inc. as its exclusive financial advisor to assist the Corporation in order to pursue the sale of a material portion of the assets of the Corporation, either in one transaction or in a combination of transactions; a merger or other business combination; the outright sale of the Corporation; or some combination thereof. [Read more]
High North Resources Ltd.-Corporate Update
CALGARY, ALBERTA--(Marketwired - Dec. 2, 2014) - High North Resources Ltd. (TSX VENTURE:HN) (the "Company" or "High North") announces the resignation of Kyle Stevenson from the board of directors and from his position of Investor Relations. Mr. Stevenson's resignations are effective December 1, 2014. Colin Soares, the Company's President and Chief Executive Officer stated: "Mr. Stevenson's contributions to High North have been greatly appreciated by management and by the board of directors. [Read more]
International Frontier Resources Corporation: Canadian National Energy Board Assessment Increases Oil and Gas Resources in NWT
CALGARY, ALBERTA--(Marketwired - Dec. 2, 2014) - International Frontier Resources Corporation ("IFR" or the "Company") (TSX VENTURE:IFR) today announced that in a report dated November 25, 2014 the Canadian National Energy Board ("NEB") increased the overall resource assessment for the Northwest Territories ("NWT") discovered conventional petroleum resource volumes to: 16.4 TCF of marketable natural gas 1227.8 million barrels of crude oil; and 53.3 million barrels of natural gas [Read more]
TransCanada Provides Series 1 Preferred Shares Conversion Privilege and Dividend Rate Notice
CALGARY, ALBERTA--(Marketwired - Dec. 2, 2014) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) announced today that it has notified the registered shareholder of its Cumulative Redeemable First Preferred Shares, Series 1 (Series 1 Shares) of the Conversion Privilege and Dividend Rate Notice. Beginning on December 1, 2014 and ending on December 16, 2014, holders of the Series 1 Shares will have the right to choose one of the following options with regard to their shares: [Read more]
Painted Pony Announces Closing of Bought Deal Equity Financing
CALGARY, ALBERTA--(Marketwired - Dec. 2, 2014) - Painted Pony Petroleum Ltd. (TSX:PPY) ("Painted Pony" or the "Corporation") is pleased to announce that it has closed its previously announced bought deal financing (the "Offering"). Pursuant to the Offering, the Corporation has issued a total of 5,275,050 common shares in the capital of the Corporation ("Common Shares"), which included the full exercise of the over-allotment option granted to the underwriters of the Offering. The Common Shares [Read more]
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