CALGARY, ALBERTA--(Marketwired - July 23, 2013) - Canadian Natural Resources Limited (TSX:CNQ) (NYSE:CNQ) ("Canadian Natural" or the "Company") announces entering into an agreement relating to the acquisition of Barrick Energy Inc ("BEI"), a subsidiary of Barrick Gold Corporation, following the sale by BEI of certain assets, for cash consideration of approximately $173 million and a gross overriding royalty on certain lands at Nipisi. BEI's high quality land and production are located in Alberta [Read more]
Donnycreek Closes $16.8 Million Bought Deal Equity Financing
CALGARY, ALBERTA--(Marketwired - July 23, 2013) - THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS Donnycreek Energy Inc. ("Donnycreek" or the "Company") (TSX VENTURE:DCK) reports that it has closed a previously announced bought deal offering (the "Offering") of 8,000,000 common shares of the Company ("Common Shares") at a price of $2.10 per Common Share, resulting in gross [Read more]
Aroway Energy Inc. Increases Proved Reserves by 246%
CALGARY, ALBERTA--(Marketwired - July 23, 2013) - AROWAY ENERGY INC. (TSX VENTURE:ARW) (OTCQX:ARWJF) (www.arowayenergy.com) (the "Company") is pleased to announce the results of its independent reserves evaluation in accordance with National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities ("NI 51-101") as at June 30, 2013. The independent reserves evaluation covers a 12-month period and is focused on all of the Company's areas of interests in Alberta and Saskatchewan. [Read more]
Inter Pipeline to Provide Bitumen Blend Transportation to Canexus Rail Loading Facility
CALGARY, ALBERTA--(Marketwired - July 22, 2013) - Inter Pipeline Fund ("Inter Pipeline") (TSX:IPL.UN) announced today that it has entered into a binding agreement with Canexus Corporation ("Canexus") to transport bitumen blend to Canexus' unit train rail loading operations near Bruderheim, Alberta. Under the terms of the 10-year agreement, Inter Pipeline will provide Canexus with 100,000 barrels per day (b/d) of firm capacity on a new pipeline lateral from the Cold Lake pipeline system. [Read more]
CanElson Announces Purchase of Three Drilling Rigs and Operational Update
CALGARY, ALBERTA--(Marketwired - July 22, 2013) - CanElson Drilling Inc. ("CanElson" or the "Company") (TSX:CDI) announces that it has entered into an agreement to purchase an AC electric tele-double pad drilling rig, two single rigs, spare equipment as well as land and building located in Leduc, Alberta from Calmena Energy Services Inc. for total consideration of $15.0 million (the "Acquisition"). All of the rigs are fully crewed, currently contracted and two are currently operating in Alberta. [Read more]
Artisan Energy Provides Update on Operations at Ferrybank, Chip Lake and Southern Alberta
CALGARY, ALBERTA--(Marketwired - July 22, 2013) - Artisan Energy Corporation ("Artisan" or the "Corporation") (TSX VENTURE:AEC) is pleased to provide the following operations update. HIGHLIGHTS Current production exceeding 400 boe/d (70% oil and NGLs). Drilling success on two additional horizontal oil wells at Ferrybank. Completion of solution gas pipeline at Chip Lake and tie-in of initial horizontal well. Pooling of [Read more]
Calmena Announces Divestiture of Canadian Contract Drilling Assets
CALGARY, ALBERTA--(Marketwired - July 22, 2013) - Calmena Energy Services Inc (TSX:CEZ) ("Calmena" or the "Company") is pleased to announce that it has entered into a binding definitive agreement (the "Agreement") to sell all of its remaining Canadian Contract Drilling assets to CanElson Drilling Inc. ("CanElson") for a purchase price of $15.0 million. The purchase price is comprised of all cash and is not subject to CanElson obtaining financing. The closing is subject to certain conditions and [Read more]
Painted Pony Petroleum Announces Executive Appointment
CALGARY, ALBERTA--(Marketwired - July 22, 2013) - Painted Pony Petroleum Ltd. ("Painted Pony" or the "Company") (TSX VENTURE:PPY) is pleased to announce the following executive appointment: John Van de Pol has been appointed as the Company's Vice-President, Finance and Chief Financial Officer, effective September 3rd, 2013. Mr. Van de Pol is a chartered accountant with more than 33 years of oil and gas industry experience. His impressive background includes successfully [Read more]
Atikwa Announces Proposed Business Combination With Hansar Energy Corp
CALGARY, ALBERTA--(Marketwired - July 19, 2013) - Atikwa Resources Inc. (TSX VENTURE:ATK) ("Atikwa" or the "Company") is pleased to announce that it has entered into a letter of intent with Hansar Energy Corp. ("Hansar") for an amalgamation and reorganization (the "Reorganization"). Pursuant to the terms of the proposed Reorganization, Atikwa will indirectly acquire all of the issued and outstanding common shares of Hansar under an amalgamation agreement entered into by Atikwa, a wholly-owned [Read more]
Blackbird Energy Announces TSX-V Approval of Farmout Agreement With Pennant Energy Inc.
VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 18, 2013) - (TSX VENTURE:BBI) Blackbird Energy Inc. ("Blackbird" or the "Company") is pleased to announce that the Farmout Agreement (the "Agreement") with Pennant Energy Inc. ("Pennant") has been approved by the TSX Venture Exchange (the "Exchange"). Pursuant to the terms of the Farmout Agrement, Pennant may earn a 30% working interest in certain lands and leases (the "Farmout Lands") owned by Blackbird in the Mantario area of West [Read more]
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