VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 6, 2014) - Hemisphere Energy Corporation (TSX VENTURE:HME) is pleased to announce that it has commenced operations for its winter drilling program with three development wells planned in the Atlee Buffalo and Jenner areas of southeast Alberta. Hemisphere's first well of the winter drilling program is underway in the newly acquired Atlee Buffalo property. The horizontal development well is targeting the oil-bearing sandstones of the [Read more]
Tourmaline Oil Corp. Achieves Record 2013 Exit Production Volumes
CALGARY, ALBERTA--(Marketwired - Jan. 6, 2014) - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to report that estimated daily production volumes reached a record of 111,200 boepd (564 mmcfpd (94,000 boepd) natural gas and 17,200 bpd of oil, condensate and ngls) during the second half of December following the start-up of the Wild River and Banshee gas plant expansions. The Company has an estimated 18,500 boepd of additional production, from wells already drilled [Read more]
Sonde Resources Corp. Announces Appointment of President and CEO
CALGARY, ALBERTA--(Marketwired - Jan. 3, 2014) - Sonde Resources Corp. ("Sonde" or the "Company") (TSX:SOQ)(NYSE MKT:SOQ) announced today the appointment of Toufic Nassif, currently President Sonde North Africa, to the position of President and Chief Executive Officer and that Bill Dirks, President and Chief Operating Officer, has formally notified the Board of Directors of his resignation, effective January 3, 2014. Mr. Dirks has agreed to stay on in a consultancy role as an advisor for an [Read more]
Forent Provides Operational Update, Confirms Interim Closing of Flow-Through Share Financing and Announces Common Share Financing
CALGARY, ALBERTA--(Marketwired - Jan. 2, 2014) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Forent Energy Ltd. ("Forent" or the "Company") (TSX VENTURE:FEN) confirms the interim closing on December 31, 2013 of a non-brokered private placement of flow-through common shares (the "Flow-Through Shares"). A total of 6,050,000 Flow-Through Shares were issued at a price of $0.10 per common share, for gross proceeds of $605,000. [Read more]
Forent Provides Operational Update, Confirms Interim Closing of Flow-Through Share Financing and Announces Common Share Financing
CALGARY, ALBERTA--(Marketwired - Jan. 2, 2014) - Forent Energy Ltd. ("Forent" or the "Company") (TSX VENTURE:FEN) confirms the interim closing on December 31, 2013 of a non-brokered private placement of flow-through common shares (the "Flow-Through Shares"). A total of 6,050,000 Flow-Through Shares were issued at a price of $0.10 per common share, for gross proceeds of $605,000. Insiders, including W. Brett Wilson, the Company's Chairman, purchased 3,850,000 Flow-Through Shares in the Private [Read more]
Contact Exploration Announces Closing of Private Placement
CALGARY, ALBERTA--(Marketwired - Dec. 31, 2013) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES Contact Exploration Inc. ("Contact" or the "Company") (TSX VENTURE:CEX) is pleased to announce that it has closed its previously announced non-brokered private placement (the "Private Placement") of common shares in the capital of the Company, to be issued on a "flow-through" basis pursuant to the Income Tax Act (Canada) ("Flow-Through Shares"). Contact issued an aggregate of [Read more]
Lone Pine Resources Announces Filing of Restructuring Plan Supplement
CALGARY, ALBERTA--(Marketwired - Dec. 31, 2013) - Lone Pine Resources Inc. ("Lone Pine" or the "Company") today announced that the Company and its subsidiaries have filed with the Court of Queen's Bench of Alberta (the "Court") a supplement (the "Plan Supplement") to its previously-filed plan of compromise and arrangement under the Companies' Creditors Arrangement Act ("CCAA"), together with an amended and restated plan of compromise and arrangement (as amended, the "Plan") giving effect to [Read more]
Sonde Resources Corp. Announces Completion of Marquee Arrangement
CALGARY, ALBERTA--(Marketwired - Dec. 31, 2013) - Sonde Resources Corp. ("Sonde") (TSX:SOQ)(NYSE MKT:SOQ) announced today that it has received the requisite shareholder and court approval for its previously announced plan of arrangement (the "Arrangement") with Marquee Energy Ltd. and that the Arrangement has now been completed. Pursuant to the Arrangement, Marquee acquired substantially all of the Western Canada assets of Sonde, including all of its Southern Alberta properties (the "Assets"). [Read more]
Waldron Energy Corporation Announces Closing of $4.3 Million Private Placement Financing, Conditional Approval of Previously Announced $2.0 Million Private Placement and Operations Update
CALGARY, ALBERTA--(Marketwired - Dec. 30, 2013) - Waldron Energy Corporation ("Waldron" or the "Corporation") (TSX:WDN) is pleased to announce that it has closed the previously announced non-brokered private placement for 9,454,781 common shares on a flow-through basis ("Flow-Through Shares") at $0.45 per share for gross proceeds of approximately $4.3 million. Waldron is also pleased to announce that it has received conditional listing approval from the Toronto Stock Exchange ("TSX") for [Read more]
Artisan Energy Announces Viking Light Oil Acquisition and Farm-Out of Various Exploration Operations
CALGARY, ALBERTA--(Marketwired - Dec. 30, 2013) - Artisan Energy Corporation ("Artisan" or the "Corporation") (TSX VENTURE:AEC) announces the following corporate activities: Viking Light Oil Acquisition Artisan has signed a purchase and sale agreement (subject to certain closing conditions) with Magnum Energy Inc. ("Magnum") (TSX VENTURE:MEN), to acquire Magnum's 50% working interest in 2,720 gross acres (1,360 net acres) of land in the Provost area of Alberta (the "Provost [Read more]
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