CALGARY, ALBERTA--(Marketwired - Oct. 7, 2013) - Strategic Oil & Gas Ltd. (TSX VENTURE:SOG) ("Strategic" or the "Company") is pleased to announce that it has completed its previously announced bought deal financing (the "Offering"). Pursuant to the Offering, the Company has issued 12,650,000 common shares (the "Common Shares") at a price of $0.95 per Common Share and 15,454,545 common shares issued on a "flow-through" basis pursuant to the Income Tax Act (Canada) (the "Flow-Through Shares") at a [Read more]
Paramount Resources Ltd. Announces Flow-Through Share Offerings Totaling Approximately $60 Million
CALGARY, ALBERTA--(Marketwired - Oct. 7, 2013) - Paramount Resources Ltd. ("Paramount") (TSX:POU) has entered into an agreement to sell, through a syndicate of underwriters co-led by RBC Capital Markets, BMO Capital Markets and Peters & Co. Limited, on a guaranteed agency basis, 1,115,000 Class A Common Shares of Paramount to be issued on a "flow-through" basis in respect of Canadian exploration expenses ("FTS") at a price of $44.00 per FTS for gross proceeds of $49,060,000. The FTS will be [Read more]
Pine Cliff Energy Ltd. Announces $20,020,000 Marketed Common Share Offering
CALGARY, ALBERTA--(Marketwired - Oct. 2, 2013) - NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES NEWSWIRE SERVICES Pine Cliff Energy Ltd. ("Pine Cliff" or the "Company") (TSX VENTURE:PNE) is pleased to announce that it has filed and obtained a receipt for a preliminary short form prospectus (the "Preliminary Prospectus") in connection with a marketed offering of common shares in the capital of Pine Cliff ("Common Shares") for aggregate gross proceeds of [Read more]
RedWater Negotiates Extension of Maturity Date on Debt and Issues Warrants
OKOTOKS, ALBERTA--(Marketwired - Oct. 2, 2013) - RedWater Energy Corp. ("RedWater") (TSX VENTURE:RED) is pleased to announce that it has successfully renegotiated the maturity date of $500,000 of debt from February 1, 2014 to August 1, 2014. In consideration for such extension RedWater has issued the lenders (including two directors of the RedWater), warrants exercisable for an aggregate of 500,000 common shares of RedWater at an exercise price of $0.15 per share until August 1, 2014. The [Read more]
GASFRAC Announces Executive Appointments
CALGARY, ALBERTA--(Marketwired - Oct. 1, 2013) - GASFRAC Energy Services Inc. ("GASFRAC") (TSX:GFS) announced the appointment of Lori Mcleod-Hill as Chief Financial Officer and Colin Peters as Vice President Operations. Lori is a Chartered Accountant with more than 20 years of senior financial management experience, including as a CFO for a publicly listed oilfield safety services company. Her expertise includes financial reporting, planning & budgeting, internal controls and [Read more]
New West Energy Services Inc. Announces Purchase of Oilfield Services Company
CALGARY, ALBERTA--(Marketwired - Oct. 1, 2013) - New West Energy Services Inc. ("New West" or the "Corporation") (TSX VENTURE:NWE) is pleased to announce that it has completed its purchase of 1770245 Alberta Ltd. ("1770245"), a private business in the oilfield services industry providing combination, hydrovac and boiler truck services to the completions and production sectors of the oil and gas industry, predominantly in the Peace region of Alberta. The purchase was completed pursuant to the [Read more]
Encana Announces New Organizational Structure and Senior Management Team
CALGARY, ALBERTA--(Marketwired - Oct. 1, 2013) - As part of its ongoing strategy development process, Encana (TSX:ECA)(NYSE:ECA) announced today its new organizational structure and the members of its Senior Management Team who will report directly to President & CEO Doug Suttles. "The new organizational structure aligns with the core competencies needed to get Encana back to winning. These include resource identification, operational excellence, market fundamentals, and capital [Read more]
Shoreline Energy Corp. Signs Letter of Intent for Joint Venture with Acceleration Resources and Associated Compliance with Banking Covenants
CALGARY, ALBERTA--(Marketwired - Oct. 1, 2013) - Shoreline Energy Corp. (the "Company" or "Shoreline") (TSX:SEQ) is pleased to announce that it has entered a letter of intent (the "Letter of Intent") with Acceleration Resources, LLC ("Acceleration"), a U.S.-based oil and gas investment firm. The Letter of Intent envisions a loan (the "New Facility") of up to $2,750,000 in principal amount and a joint venture (the "Joint Venture") for up to $50mm of investment over time into Shoreline's Niobrara [Read more]
Terra Energy Announces Additions to Management Team
CALGARY, ALBERTA--(Marketwired - Sept. 30, 2013) - Terra Energy Corp. ("Terra" or the "Company") (TSX: TT) is pleased to announce the appointment of Richard Campbell, P.Eng as Vice President, Production Operations and Gerald Wendland, P. Geol. as Chief Geologist. Mr. Campbell joined the Company a year ago as General Manager of Production Operations. Mr. Campbell has had an extensive career in the oil and gas industry with over 30 years of engineering, predominantly in the areas of oil [Read more]
Trilogy Energy Corp. Announces C$200 Million Bought Deal Financing
CALGARY, ALBERTA--(Marketwired - Sept. 30, 2013) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. Trilogy Energy Corp. ("Trilogy" or the "Issuer") (TSX:TET) has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, under which the underwriters have agreed to buy on a bought deal basis 7,020,000 common shares (the "Common Shares"), at a price of $28.50 per Common Share for gross [Read more]
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