CALGARY, ALBERTA--(Marketwired - Sept. 20, 2013) - Peyto Exploration & Development Corp. ("Peyto") (TSX:PEY) reports that it has received correspondence from a law firm representing two shareholders of Poseidon Concepts Corp. ("Poseidon") advising that such counsel has been instructed to finalize and file an application to seek leave of the Alberta Court of Queen's Bench (the "Court") to pursue a class action lawsuit against Peyto, as a successor to new Open Range Energy Corp. ("New Open [Read more]
Canadian Quantum Announces Completion of Lower Mannville Oil
CALGARY, ALBERTA--(Marketwired - Sept. 20, 2013) - Canadian Quantum Energy Corporation ("Canadian Quantum" or the "Company") (TSX VENTURE:CQM) announces the following update on the Company's ALEX 102/16-11-56-27W4 well ("102/16-11 Well"). The 102/16-11 Well was initially drilled directionally to a depth of 1,287 meters in December, 2012 and has been standing after perforating the Detrital zone in February, 2013 with less than commercial results. Canadian Quantum and its partners [Read more]
Suncor Energy celebrates 10 years of operations at Firebag
CALGARY, ALBERTA--(Marketwired - Sept. 20, 2013) - Suncor Energy today marks a decade of operations at its Firebag in situ facility. Firebag, along with the company's MacKay River development, was one of the first to use the "steam-assisted gravity drainage" (SAGD) method of oil sands recovery. In addition to being one of the first, Firebag remains one of the most productive SAGD facilities in the industry. SAGD involves drilling horizontal well pairs. The top well injects steam [Read more]
Crew Energy Inc. Comments on AESRD Press Release
CALGARY, ALBERTA--(Marketwired - Sept. 19, 2013) - In response to the Alberta Environment and Sustainable Resource Development ("Department") Press Release dated September 19, 2013, Crew Energy Inc. (TSX:CR) confirms it is in receipt of an enforcement order, dated September 12, 2013, to restore and reclaim a surface lease in the Suffield area of Alberta. The lease is approximately 600 metres from a ferruginous hawk nest built on a man-made structure (windmill). The regulated setback of an active [Read more]
Canadian Natural Resources Limited Announces First Steam-In at Kirby South SAGD Project
CALGARY, ALBERTA--(Marketwired - Sept. 18, 2013) - Canadian Natural Resources Limited (TSX:CNQ) (NYSE:CNQ) ("Canadian Natural") announces that first steam injection was achieved on September 16, 2013 at its 100% owned and operated Kirby South steam assisted gravity drainage (SAGD) project. The Kirby South project was completed on budget, with a forecast addition of production at approximately $30,000 per flowing barrel, and ahead of the originally targeted steam-in date of November 2013. [Read more]
Santonia Energy Closes Asset Sale and Announces Executive Appointment
CALGARY, ALBERTA--(Marketwired - Sept. 17, 2013) - Santonia Energy Inc. ("Santonia" or the "Company") (TSX:STE) provides the following update. Clive Asset Sale On September 17, 2013 Santonia signed and closed an agreement for the sale of its assets in the Clive area for $15 million in cash (of which $1 million was previously received as a deposit) and a gross overriding royalty of up to $10 million, subject to certain production level hurdles associated with the proposed Clive [Read more]
Strategic Oil & Gas Ltd. Increases Size of Equity Financing to $48.2 Million
CALGARY, ALBERTA--(Marketwired - Sept. 17, 2013) - NOT FOR DISSEMINATION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW. Strategic Oil & Gas Ltd. (TSX VENTURE:SOG) ("Strategic" or the "Company") is pleased to announce that in connection with its previously announced equity financing, Strategic will increase the size of the financing to a total of 48,299,545 common shares to raise gross proceeds of [Read more]
Anterra Announces New CFO
CALGARY, ALBERTA--(Marketwired - Sept. 17, 2013) - Anterra Energy Inc. ("Anterra" or the "Company") (TSX VENTURE:AE.A) (OTCQX:ATERF) today announced the appointment of Norman Knecht as Chief Financial Officer. Mr. Knecht is a Chartered Accountant with over 15 years executive experience in financial reporting and analysis, corporate finance and strategic planning in the oil and gas industry. Most recently, Mr. Knecht was Vice President, Finance and Chief Financial Officer of Terrex Energy Inc., [Read more]
Blackbird Energy Inc. Establishes Montney Land Position in the Greater Karr Area of Alberta
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 17, 2013) - Blackbird Energy Inc. (TSX VENTURE:BBI) ("Blackbird" or the "Company") is very pleased to be able to announce that it has established a Montney land position in the Greater Karr area of Alberta through the acquisition of 7,680 net acres of Montney Petroleum & Natural Gas Rights by its wholly-owned subsidiary, Ruger Energy Inc. Garth Braun, President and CEO of Blackbird stated: "These land acquisitions further cement [Read more]
Strategic Oil & Gas Ltd. Announces $42.0 Million Equity Financing
CALGARY, ALBERTA--(Marketwired - Sept. 17, 2013) - NOT FOR DISSEMINATION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW. Strategic Oil & Gas Ltd. (TSX VENTURE:SOG) ("Strategic" or the "Company") is pleased to announce that it has entered into agreements to offer a total of 42,050,000 Strategic common shares to raise gross proceeds of $42,002,500. Strategic has entered into a bought deal offering (the "Public Offering") by [Read more]
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