CALGARY, ALBERTA--(Marketwired - Oct. 16, 2014) - Shoreline Energy Corp. (TSX:SEQ) ("Shoreline" or the "Corporation") is pleased to announce it has entered into amendment agreements extending its previously expired forbearance agreements with certain senior lenders (collectively, the "Forbearance"). In connection with execution of the Forbearance, Shoreline paid down $3,441,000 of the aggregate amount owing to these lenders, resulting in an aggregate balance owing of approximately $5,439,000. [Read more]
Strategic Oil & Gas Ltd. Announces Closing of Second Tranche of $73.4 Million Private Placement
CALGARY, ALBERTA--(Marketwired - Oct. 16, 2014) - Strategic Oil & Gas Ltd. (TSX VENTURE:SOG) ("Strategic" or the "Company") is pleased to announce that its previously announced private placement financing has been oversubscribed. The Company closed the financing for aggregate gross proceeds of $73.4 million (the "Private Placement"), an over subscription of $3.4 million. At the second and final tranche closing, Strategic issued 17,391,892 common shares in the Company ("Common Shares"), [Read more]
Elkwater Resources Ltd. Announces Strategic, Light Oil Focused Acquisitions and $100 Million Equity Financing
CALGARY, ALBERTA--(Marketwired - Oct. 15, 2014) - Elkwater Resources Ltd. (TSX VENTURE:ELW) ("Elkwater" or the "Company") (to be renamed "Striker Exploration Corp.") is pleased to announce that it has entered into the following strategic transactions: an arrangement agreement (the "Arrangement Agreement") with Exoro Energy Inc. ("Exoro"), an arm's length private oil and gas company with assets concentrated in West Central Alberta, including Pembina, Chigwell and Ferrier/Willesden Green (the [Read more]
Canada Energy Partners Inc.: Appointment of a Director
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 15, 2014) - Canada Energy Partners Inc. ("Canada Energy" or the "Company") (TSX VENTURE:CE) is pleased to announce the appointment of Winston R. Purifoy as a director of the Company. Mr. Purifoy has over 30 years of experience in sourcing, structuring and managing equity investments in energy, agriculture, medical, technology, printing, real estate, financial services, and telecom. Mr. Purifoy has been a key advisor in transactions totaling [Read more]
Donnybrook Announces Name Change, Consolidation, Annual Meeting and Litigation Update
CALGARY, ALBERTA--(Marketwired - Oct. 14, 2014) - Donnybrook Energy Inc. ("Donnybrook" or the "Company") (TSX VENTURE:DEI) reports that the board of directors of the Company (the "Board") has determined that the Company will proceed with a name change and a consolidation of its common shares ("Common Shares"). Name Change and Consolidation The shareholders of the Company previously approved special resolutions allowing the Board to: (i) change the name of the Company (the "Name Change"); and [Read more]
Donnycreek Corporate Update
CALGARY, ALBERTA--(Marketwired - Oct. 14, 2014) - Donnycreek Energy Inc. ("Donnycreek" or the "Company") (TSX VENTURE:DCK) reports that its natural gas production has resumed at its 50% working interest Kakwa property in west central Alberta following an 18 day pipeline maintenance shut down by TransCanada. Total net production to Donnycreek's interest is currently approximately 2,000 boe per day of which approximately 48% is condensate. Hydraulic fracturing stimulation operations are expected [Read more]
Anterra Energy Announces Proposed Material Transaction With LandOcean Petroleum Corp., Limited
CALGARY, ALBERTA--(Marketwired - Oct. 14, 2014) - Anterra Energy Inc. ("Anterra" or the "Company") (TSX VENTURE:AE.A)(OTCQX:ATERF) announces that it has signed a non-binding agreement dated October 11, 2014 with Landocean Petroleum Corp., Limited ("LandOcean") for the purpose of accelerating the development of Anterra's properties in Alberta. The proposed transaction contemplates LandOcean providing services, including third party expenditures, totaling $40.0 million (Canadian dollars) between [Read more]
Tamarack Valley Energy Ltd. Announces a Record Current Production Rate, Increased Drilling Activity and Additions to Drilling Inventory
CALGARY, ALBERTA--(Marketwired - Oct. 14, 2014) - Tamarack Valley Energy Ltd. (TSX VENTURE:TVE) ("Tamarack" or the "Company") is pleased to announce an operational update with the following highlights: Record current production rate of 7,400 boe/d, based on field estimates, excluding 550 boe/d of shut-in production associated with TransCanada Pipeline maintenance and third party plant turnarounds. Record drilling activity in the Wilson Creek area. The Company currently has three drilling [Read more]
TransCanada Receives Regulatory Approval for Grand Rapids Pipeline Project
CALGARY, ALBERTA--(Marketwired - Oct. 10, 2014) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced that the Alberta Energy Regulator (AER) has approved the majority of the company's applications to construct and operate the Grand Rapids Pipeline Project (Grand Rapids). Grand Rapids will comply with all regulatory requirements and is evaluating the conditions in the decision. "We are pleased that the Alberta Energy Regulator has approved Grand Rapids. The [Read more]
Saturn Minerals Inc. Announces Additional Seismic and Drilling On Saskatchewan Oil Properties
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 10, 2014) - Saturn Minerals Inc. (TSX VENTURE:SMI)(FRANKFURT:SMK) ("Saturn") is pleased to announce that Saturn and Jaguar Resources Inc. have commenced a 2D seismic program over Petroleum Exploration Permit 72 (the "Bannock Creek Property") and Exploration Permit 71 (the "Little Swan Property") in the northern Williston Basin in eastern Saskatchewan. Harbinger Exploration Inc., Calgary has been retained to complete approvals and mapping and [Read more]
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