VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 21, 2014) - Altima Resources Ltd. (TSX VENTURE:ARH) ("Altima" or the "Company") announces further to its News Release dated May 5, 2014 that, subject to receipt of acceptance from the TSX Venture Exchange, it anticipates closing its private placement for gross proceeds of $12,500,000 by the issuance of 138,888,886 Units at $0.09 per Unit (the "Financing") by May 30, 2014, not May 21, 2014 as previously announced. Following completion of the [Read more]
Fifteen First Nations Reaffirm Support for the Pacific Trail Pipeline
The Pacific Trail Pipeline is a proposed 487 kilometre natural gas pipeline that will deliver gas from Summit Lake, B.C. to the Kitimat LNG facility site at Bish Cove on the northwest coast of British Columbia. SOURCE: Chevron VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 21, 2014) - The 15 First Nations members of the First Nations Limited Partnership (FNLP) today announced their strong continued support for the proposed Pacific Trail Pipeline (PTP) project, and support of the Moricetown [Read more]
Sprott Resource Corp. and Long Run Exploration Ltd. Close $67.7 Million Secondary Offering of Common Shares
TORONTO, ONTARIO--(Marketwired - May 21, 2014) - Sprott Resource Corp. ("SRC") (TSX:SCP) and Long Run Exploration Ltd. ("Long Run") (TSX:LRE) today announced the completion of a secondary offering of 12,654,635 common shares of Long Run ("Common Shares") by SRC at a price of $5.35 per Common Share, for gross proceeds of $67,702,297 to SRC (the "Offering"). Long Run will not receive any proceeds from the Offering. The previously announced Offering was completed on a bought deal basis by an [Read more]
Contact Exploration’s Proved Reserves Triple in Fiscal 2014
CALGARY, ALBERTA--(Marketwired - May 21, 2014) - Contact Exploration Inc. ("Contact" or the "Company") (TSX VENTURE:CEX) is pleased to report that independent reserves evaluations effective March 31, 2014 have been completed by the Company's reserves evaluators in compliance with National Instrument 51-101 - Standards of Disclosure for Oil and Gas Activities ("NI 51-101") and in accordance with the Canadian Oil and Gas Evaluation ("COGE") Handbook. GLJ Petroleum Consultants Ltd. ("GLJ") [Read more]
Encana Announces Increase in Indicative Size and Offering Price for Initial Public Offering of PrairieSky Royalty
CALGARY, ALBERTA--(Marketwired - May 21, 2014) - Encana Corporation ("Encana") (TSX:ECA)(NYSE:ECA) announced today that the number of common shares of PrairieSky Royalty Ltd. ("PrairieSky"), a wholly-owned subsidiary of Encana, that Encana proposes to sell in PrairieSky's initial public offering (the "Offering") has been increased to 52,000,000 common shares from 32,500,000 common shares, and the indicative offering price range has been increased to between $26.50 and $28.00 per common share [Read more]
Baytex Announces Approval by Aurora Shareholders of its Acquisition and Management Appointments
CALGARY, ALBERTA--(Marketwired - May 20, 2014) - Baytex Energy Corp. ("Baytex") (TSX:BTE)(NYSE:BTE) provides an update on the status of its proposed acquisition of all of the shares of Aurora Oil & Gas Limited ("Aurora") pursuant to a scheme of arrangement under Australian law (the "Arrangement"). At the scheme meeting held on May 21, 2014 at 9:30 a.m. (Perth time), the requisite majority of Aurora shareholders approved the Arrangement. Commenting on the shareholder vote, James Bowzer, [Read more]
Touchstone Exploration Inc. Provides Operational Update
CALGARY, ALBERTA--(Marketwired - May 20, 2014) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP) is pleased to provide an operational update following the closure of the previously announced combination of Petrobank Energy and Resources Ltd. and Touchstone Exploration Inc. PRODUCTION The Company's field estimated average oil production as of May 15, 2014 was 2,080 barrels per day (100% oil weighted). Production in Trinidad represented approximately 80% (1,660 barrels [Read more]
NuVista Energy Ltd. Announces Increased Montney Egress Capacity
CALGARY, ALBERTA--(Marketwired - May 20, 2014) - NuVista Energy Ltd. ("NuVista") (TSX:NVA) is pleased to announce that it has signed an agreement with SemCAMS ULC ("SemCAMS") for transportation and processing of 30 MMcf/d of raw gas from our condensate rich Montney play in the Wapiti area of Alberta. The agreement is underpinned by take-or-pay terms for a period of 10 years. To provide the capacity, SemCAMS will construct a 34 km x 8-inch diameter pipeline loop of their Northwest Wapiti Pipeline [Read more]
Painted Pony Petroleum Ltd. Announces Election of Directors and Appoinment of New Director
CALGARY, ALBERTA--(Marketwired - May 16, 2014) - Painted Pony Petroleum Ltd. ("Painted Pony" or the "Corporation") (TSX:PPY) announced today that the nominees listed in the Corporation's Information Circular dated April 9, 2014 were elected as directors of the Corporation at its annual general meeting held May 15, 2014. By resolution the following six nominees were elected as directors of the Corporation to serve until the next annual meeting of shareholders of the Corporation, or until their [Read more]
Shoreline Energy Corp. Announces Financial and Operating Results for the First Quarter 2014
CALGARY, ALBERTA--(Marketwired - May 15, 2014) - Shoreline Energy Corp. (TSX:SEQ) ("Shoreline" or the "Corporation") is pleased to report its financial and operating results from the first quarter 2014. A complete copy of the financial statements and w management's discussion and analysis may be obtained at www.sedar.com or on the Company's website at www.shorelineenergy.ca. First Quarter 2014 Financial and Operating Highlights Petroleum and natural gas sales increased 32% to $7,281,000 [Read more]
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