CALGARY, ALBERTA--(Marketwired - Oct. 23, 2014) - Husky Energy (TSX:HSE) delivered another steady performance in the third quarter, with its balanced growth and focused integration strategy contributing to predictable results. "With all areas of our business, we are carefully staging our activities to not only provide dependable cash flows and returns, but to also fund future projects," said CEO Asim Ghosh. "Husky's expansive portfolio and strong balance sheet give us the flexibility to [Read more]
Petro One Update
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 22, 2014) - Petro One Energy Corp. (TSX VENTURE:POP)(FRANKFURT:C6K1) reported on October 8, 2014 that it had closed a private placement of $3,260,842.75 on October 7, 2014 and that it had received confirmation from Korea Myanmar Development Company Ltd. ("KMDC") that that KMDC intended to wire the balance of the funds owing to fulfill its contractual obligations in respect of the non-brokered private placement announced on July 28, 2014 ("PP#1") [Read more]
Blackbird Energy Inc. Announces Closing of Bought Deal Financings for Gross Proceeds of Approximately $30.4 Million
CALGARY, ALBERTA--(Marketwired - Oct. 21, 2014) - Blackbird Energy Inc. ("Blackbird" or the "Company") (TSX VENTURE:BBI) is pleased to announce the completion of the previously announced bought deal private placement of 86,207,000 special warrants (the "Special Warrants") and 15,900,000 common shares to be issued on a flow-through basis in respect of Canadian Exploration Expenses (the "Flow-Through Shares"), (collectively the "Financings") at a price of $0.29 per Special Warrant and $0.34 per [Read more]
Quattro Intersects 4 Prospective Horizons, With 60 Meters of Prospective Oil and Gas, at Wood Mountain, Sask.
CALGARY, ALBERTA--(Marketwired - Oct. 21, 2014) - Quattro Exploration and Production Ltd. (TSX VENTURE:QXP) ("Quattro" or the "Company") is pleased to announce the completion of its evaluation well at Wood Mountain, Saskatchewan. The well was drilled, cored, logged and cased to a total depth of 1950 meters, successfully intersecting the Bakken, Torquay and Birdbear zones and terminating in the Duperow, at an aggregate cost of $1,200,000. On October 16th, the Company released the drilling rig [Read more]
Mapan Energy Ltd. Graduates to Tier 1 of the TSX Venture Exchange
CALGARY, ALBERTA--(Marketwired - Oct. 20, 2014) - Mapan Energy Ltd. ("Mapan" or the "Corporation") (TSX VENTURE:MPG) is pleased to announce that it has graduated to Tier 1 of the TSX Venture Exchange. Mapan is expected to commence trading as a Tier 1 issuer on Wednesday, October 22, 2014. Tier 1 is reserved for the most advanced issuers with the most significant financial resources on the TSX Venture Exchange. About Mapan Mapan owns production, lands and P&NG rights in two areas of the [Read more]
Tourmaline Announces Start-Up of Two Gas Facilities and Record Production Levels
CALGARY, AB--(Marketwired - October 20, 2014) - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to announce that two new gas facilities, the Musreau Alberta and Doe B.C. 50 mmcfpd plant expansions, were successfully commissioned last week. With the start up of the two projects, daily production has reached a record 136,000 boepd. The Doe B.C. facility start-up has allowed for a 20 mmcfpd net production increase thus far, with a further 30 mmcfpd to be realized in [Read more]
Relentless Resources Announces Heathdale Glauconite Oil Well Test
CALGARY, ALBERTA--(Marketwired - Oct. 20, 2014) - Relentless Resources Ltd. ("Relentless" or the "Company") (TSX VENTURE:RRL) is pleased to announce initial test results from the Relentless Heathdale 8-7-27-9 W4 horizontal Glauconite oil well (the "Well"). The 100% working interest (before payout) farm-in Well was drilled over 8 days to a total measured depth of 2334 mKB and completed with a multistage, water-based, fracture completion. The Well was then equipped to pump and tied in with all [Read more]
Blackbird Energy Inc. Announces Spudding of First Middle Montney Well at Elmworth and the Closing of $7.0 Million Non-Brokered Tranche of Ongoing Private Placement
CALGARY, ALBERTA--(Marketwired - Oct. 20, 2014) - Blackbird Energy Inc. (TSX VENTURE:BBI) ("Blackbird" or the "Company") is pleased to announce that it has spud its first Middle Montney well at Elmworth. The well was spud from surface location 14-14-70-07W6 and will be drilled to a vertical depth of approximately 2,330 meters and a lateral length of approximately 2,000 meters to location 6-26-70-07W6. Drilling operations are expected to take approximately 30 days to complete. Post completion [Read more]
Questerre Updates Montney Activities
CALGARY, ALBERTA--(Marketwired - Oct. 17, 2014) - Questerre Energy Corporation ("Questerre" or the "Company") (TSX:QEC)(OSLO:QEC) reported today on recent developments in the Kakwa-Resthaven area of west central Alberta. Production from the Company's joint venture acreage resumed earlier this month following a scheduled shut-down for third party processing plant maintenance. Current production, net to Questerre, from this acreage is approximately 1,000 boe/d. This includes initial production [Read more]
Artek Exploration Ltd. Provides Operations Update
CALGARY, ALBERTA--(Marketwired - Oct. 16, 2014) - Artek Exploration Ltd. ("Artek" or the "Company") (TSX:RTK) is pleased to provide the following operational update: In the Inga/Fireweed area, the Company's A-65-I Horizontal Montney well that was completed with a slickwater frac in the second quarter of 2014 has been on production for 30 days and during that time period averaged approximately 903 boe/d of which 513 bbl/d or 55% was free condensate and 67% was total liquids. Based on September [Read more]
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