CALGARY, ALBERTA--(Marketwired - April 9, 2014) - Long Run Exploration Ltd. ("Long Run" or the "Company") (TSX:LRE) is pleased to announce that it has entered into an agreement with an Alberta-based, intermediate oil and gas producer (the "Vendor") to purchase certain strategic liquids-rich natural gas assets (the "Acquisition Assets") focused on the Cardium in the Deep Basin area of Alberta. Total consideration, after closing adjustments, for the acquisition is expected to be approximately $225 [Read more]
Crew Energy Inc. Announces Acquisition of Strategic Montney Acreage, Sale of Alberta Natural Gas and Associated Liquids Assets and Expanded 2014 Montney Focused Capital Program
CALGARY, ALBERTA--(Marketwired - April 9, 2014) - Crew Energy Inc. ("Crew" or the "Company") (TSX:CR) of Calgary, Alberta is pleased to announce the successful completion of an acquisition of certain strategic Montney liquids rich natural gas properties in northeast British Columbia for approximately $105 million. The acquired assets include 75 net sections of land that are either contiguous with existing Crew land or increase Crew's working interest in joint interest lands. An updated map of [Read more]
CEPA Launches the Regulatory Roadmap to Improve Canadians’ Literacy About How Pipelines Are Regulated
CALGARY, ALBERTA--(Marketwired - April 9, 2014) - The Canadian Energy Pipeline Association (CEPA) is pleased to launch The Regulatory Roadmap, the latest component of its about pipelines program aimed at improving literacy regarding the transmission pipeline industry among Canadians. Now available on the CEPA website, The Regulatory Roadmap is an interactive, multi-media program that sheds light on the complexities of pipeline regulation in Canada. Pipeline regulators in Canada are in the [Read more]
Edge Resources Inc. Achieves Production and Revenue Milestones
CALGARY, ALBERTA--(Marketwired - April 9, 2014) - Edge Resources Inc. ("Edge" or the "Company") (TSX VENTURE:EDE)(AIM:EDG) is very pleased to provide a further update following the Company's operational update released on March 3, 2014. Total field production is currently over 750 boepd and has exceeded this rate since the second week of March. Importantly, production from the Company's newest CHOPS ("Cold Heavy Oil Production with Sand") oil wells continues to increase and the Company's total [Read more]
Pan Orient Announces 2013 Year-End Heavy Oil Resources for Sawn Lake, Alberta Project of Andora Energy Corporation
CALGARY, ALBERTA--(Marketwired - April 9, 2014) - Pan Orient Energy Corp. (TSX VENTURE:POE), on behalf of its 71.8% owned subsidiary Andora Energy Corporation ("Andora"), is pleased to release the December 31, 2013 National Instrument 51-101 compliant resource evaluation for Andora's oil sands project at Sawn Lake Alberta, Canada, as evaluated by Sproule Unconventional Limited ("Sproule"). The evaluation included all of Andora's Oil Sands Leases in Sawn Lake based on exploitation using Steam [Read more]
Century Energy Ltd. Announces Agreement to Sell Vawn Assets
CALGARY, ALBERTA--(Marketwired - April 8, 2014) - Century Energy Ltd. ("Century") (TSX VENTURE:CEY) announces the sale of the Vawn Heavy Oil assets, subject to shareholder and regulatory approval. Century has entered into a sale and conveyance agreement with an arm's length party of its right, title, estate and interest in and to the Vawn Heavy Oil assets located in the Edam area of Saskatchewan for cash consideration of $475,000. Following closing of the transaction, Century plans to seek [Read more]
Anterra Announces 136% Increase to 2013 Year-End Reserves
CALGARY, ALBERTA--(Marketwired - April 8, 2014) - Anterra Energy Inc. ("Anterra" or the "Company") (TSX VENTURE:AE.A)(OTCQX:ATERF) is pleased to report that its oil and gas reserves as at December 31, 2013 increased 3.3 million barrels of oil equivalent ("MMboe') or 136% over December 31, 2012 year-end reserves, on a proved plus probable basis. Year-end 2013 reserves increased 1.7 MMboe or 154% on a Proved basis over year-end 2012 reserves. The year-over-year increases are primarily the [Read more]
Donnycreek Reports Successful Test Results in Kakwa Upper Montney Zone
CALGARY, ALBERTA--(Marketwired - April 7, 2014) - Donnycreek Energy Inc. ("Donnycreek" or the "Company") (TSX VENTURE:DCK) reports that its eighth Kakwa horizontal Montney well at 02/14-30-63-5 W6 (the "02/14-30 Well") (Donnycreek 50% working interest) drilled in the upper Montney interval has been successfully completed and tested. The 02/14-30 Well was drilled to a total measured depth of approximately 4,563 metres, with a horizontal leg of approximately 1,068 metres, approximately 200-500 [Read more]
Contact Exploration’s Kakwa Development Continues with Successful Test Results in Upper Montney Zone
CALGARY, ALBERTA--(Marketwired - April 7, 2014) - Contact Exploration Inc. ("Contact" or the "Company") (TSX VENTURE:CEX) is pleased to announce that the seventh Contact-operated horizontal Montney well at 02/14-30-63-5 W6 (the "02/14-30 Well") (Contact 25% working interest) drilled in the Upper Montney D4 interval has been successfully completed and tested. The well was drilled to a total measured depth of 4,563 metres, with a horizontal leg of 1,068 metres, approximately 200-500 metres shorter [Read more]
Canadian Natural Resources Limited Announces Normal Course Issuer Bid
CALGARY, ALBERTA--(Marketwired - April 7, 2014) - Canadian Natural Resources Limited (TSX:CNQ) (NYSE:CNQ) ("Canadian Natural") announced today that Toronto Stock Exchange has accepted notice filed by Canadian Natural of its intention to make a Normal Course Issuer Bid through the facilities of Toronto Stock Exchange. Purchases may also be made through the facilities of the New York Stock Exchange. The notice provides that Canadian Natural may, during the 12 month period commencing April 9, [Read more]
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