CALGARY, ALBERTA--(Marketwired - Nov. 4, 2013) - Peyto Exploration & Development Corp. (TSX:PEY) ("Peyto") is pleased to announce that it has priced an issuance of CDN$120 million of senior unsecured notes. The notes will have a coupon rate of 4.5% and mature in December 2020. The notes will be issued by way of a private placement pursuant to a note purchase agreement and will rank equally with Peyto's obligations under its bank facility and existing note purchase and private shelf [Read more]
Yoho Resources Inc. Announces Appointment of Vice President, Exploration
CALGARY, ALBERTA--(Marketwired - Nov. 4, 2013) - Yoho Resources Inc. ("Yoho" or the "Company") (TSX VENTURE:YO) is pleased to announce that its Board of Directors has approved the appointment of Mr. Gregory Niebergall as Vice President, Exploration. Mr. Niebergall has been with Yoho since July, 2008, most recently in the role of Exploration Manager. At Yoho, he has held increasing responsibility for the Company's exploration and development activity. Greg holds a Bachelor of Science Degree with [Read more]
Altima Announces Production Start-Up of the Chambers Alberta Area Horizontal 14-15-41-11 W5M Well
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 4, 2013) - Altima Resources Ltd. (TSX VENTURE:ARH)(FRANKFURT:AKC)(PINKSHEETS:ARSLF) announces the ALTIMA ET AL HZ CHAMBERS 14-15-41-11 W5M well, surface location 1-16-41-11 W5M (the Well") was placed on production November 1, 2013. The Company commenced construction of the 3.78 km Pipeline and Facilities for the Well on September 25, 2013 through a participation agreement (the "Agreement") between Acumen Energy Partners Inc. ("Acumen"), [Read more]
Painted Pony Petroleum Provides Production and Montney Operations Update
CALGARY, ALBERTA--(Marketwired - Nov. 4, 2013) - Painted Pony Petroleum Ltd. ("Painted Pony" or the "Company") (TSX:PPY) is pleased to provide an operations and activity update. HIGHLIGHTS A 41% production growth in the third quarter of 2013 over the same period in 2012. The Company had strong peak and final test rates of over 10 million cubic feet per day ("MMcf/d") of natural gas on two (1.0 net) 50% working interest Montney wells at Daiber. [Read more]
Montana Exploration Corp. and Waldron Energy Corporation Announce Agreement to Extend Outside Date for Arrangement
CALGARY, ALBERTA--(Marketwired - Nov. 4, 2013) - Montana Exploration Corp. ("Montana") (TSX VENTURE:MTZ) and Waldron Energy Corporation ("Waldron") (TSX:WDN) announce that the outside date for the closing of the previously announced arrangement between Waldron, its security holders and Montana (the "Arrangement") has been extended to December 1, 2013, subject to closing of the private placement described below. From November 1, 2013 to and including November 15, 2013 Waldron would continue to be [Read more]
RMP Energy Announces Closing of Asset Purchase
CALGARY, ALBERTA--(Marketwired - Nov. 1, 2013) - RMP Energy Inc. ("RMP" or the "Company") (TSX:RMP) is pleased to announce today that the Company has closed the previously-announced purchase of complementary Montney light oil assets located in its core areas of Ante Creek and Waskahigan in West Central Alberta for total cash consideration of approximately $38.0 million. RMP now holds a total of 106 sections (105.15 net) of land at Ante Creek, Waskahigan and Grizzly, wherein the Company has [Read more]
International Frontier Resources Awarded 100% of 163,124-Acre License Area in the Tulita District south of Norman Wells
CALGARY, ALBERTA--(Marketwired - Nov. 1, 2013) - Central Mackenzie Valley ("CMV"), NWT - International Frontier Resources Corporation - TSX:IFR ("IFR" or the "Company") is pleased to announce that on October 31, 2013 the Minister of Indian and Northern Development Canada awarded IFR Exploration License 495 located in the Tulita area south of Norman Wells. The license covers an area of approximately 163,124 acres and has an initial term of five years commencing on March 16th, 2014 and expiring on [Read more]
Shoreline Energy Corp. Closes Acceleration Resources Loan
CALGARY, ALBERTA--(Marketwired - Nov. 1, 2013) - Shoreline Energy Corp. (the "Company" or "Shoreline") (TSX:SEQ) is pleased to announce it has closed an upsized US$3,000,000 loan facility (the "New Facility") with Acceleration Resources ("Acceleration") as announced in the Company's press release of September 30, 2013 (the "September 30 Release"). A portion of the proceeds of the New Facility have been paid to Shoreline's primary lender, Alberta Treasury Branches ("ATB"), in partial prepayment [Read more]
Strategic Oil & Gas Ltd. Announces Completion of Facility Expansion
CALGARY, ALBERTA--(Marketwired - Nov. 1, 2013) - STRATEGIC OIL & GAS LTD. (TSX VENTURE:SOG) ("Strategic" or the "Company") is pleased to announce that the expansion and reconfiguration of the Company's oil battery and gas processing plant at Steen River (the "9-17 battery") is complete. Production being processed through the 9-17 battery was shut in since construction began on October 16, 2013 and will be brought back on production over the next couple of days. The completion of the [Read more]
Fort Hills Development Strengthens Total’s Position in Canada
CALGARY, ALBERTA--(Marketwired - Oct. 31, 2013) - Total has reached a final investment decision to develop the Fort Hills oil sands mining project in Alberta, Canada, located some 90 kilometres north of Fort McMurray. Production from Fort Hills is expected to start by end-2017 and to gradually reach the plateau of 180,000 b/d. The estimated cost to develop the project over the next four years is approximately C$13.5 billion. "The Fort Hills sanction is an important milestone [Read more]
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