CALGARY, ALBERTA--(Marketwired - Apr 15, 2013) -PetroBakken Energy Ltd. ("PetroBakken" or the "Company") (PBN.TO) is pleased to provide an update on our first quarter operations. Note that all well counts contained in this press release are net numbers. Consistent with our capital plan, the first quarter of 2013 was very active as we drilled 53 wells, placed 40 wells on production and exited the quarter with an inventory of 30 wells waiting to be brought on-stream. Although well activity [Read more]
Arcan is Pleased to Announce 2012 Year End Reserves and Financial Results, Cancelled Stock Options, and Provide an Operations Update
CALGARY, ALBERTA--(Marketwired - April 12, 2013) - Arcan Resources Ltd. (TSX VENTURE:ARN) ("Arcan" or the "Corporation") announced increases in both producing and proven reserves in the 2012 year-end report as well as growth in all categories over the mid-year update, recognizing initial results of Arcan's waterflood activities. Arcan achieved several key operational and financial objectives in 2012 as the Corporation continued to transition from a junior exploration company into a sustainable [Read more]
Strategic Oil & Gas Ltd. Announces Year-End 2012 Financial and Operating Results and Update on First Quarter 2013 Drilling Program
CALGARY, ALBERTA--(Marketwired - Apr 11, 2013) - Strategic Oil & Gas Ltd. ("Strategic" or the "Corporation") (TSX VENTURE:SOG) is pleased to report financial and operating results for the fourth quarter and year ended December 31, 2012. The Corporation achieved record production and funds from operations in 2012 as a result of strong drilling results, and continues to establish itself as an efficient light oil producer in northern Canada. Detailed results are presented in Strategic's [Read more]
Hemisphere Energy Announces Substantial Growth in 2012
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 11, 2013) - Hemisphere Energy Corporation (TSX VENTURE:HME) is pleased to announce its financial and operating results for the ten months ended December 31, 2012. As a result of changing the fiscal year-end from February 28 to December 31, Hemisphere's current reporting period is for the ten months ended December 31, 2012 with comparatives to the twelve months ended February 29, 2012. All amounts are expressed in Canadian dollars. Highlights [Read more]
Aroway Energy Inc. Announces West Hazel Property Reserves
CALGARY, ALBERTA--(Marketwired - Apr 11, 2013) - AROWAY ENERGY INC. (TSX VENTURE:ARW)(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") on its newly acquired 100% owned and operated West Hazel property in Western Saskatchewan as at December 1, 2012. The independent reserves evaluation is focused on Aroway's 100% owned and [Read more]
Southern Pacific Provides Operational Update
CALGARY, ALBERTA--(Marketwired - Apr 11, 2013) - Southern Pacific Resource Corp. ("Southern Pacific" or the "Company") (STP.TO) today provided an operational update with respect to the Company's STP-McKay and STP-Senlac Thermal Projects. Southern Pacific plans to continue to provide monthly operational updates to its shareholders, with the next update to occur on or about May 9, 2013, with the release of its fiscal Q3 2013 financial and operating results (quarter ending March 31, 2013). An [Read more]
Storm Resources Ltd. Announces Increase to Bought Deal and Non-Brokered Financings
CALGARY, ALBERTA--(Marketwired - April 10, 2013) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS. STORM RESOURCES LTD. ("Storm") (TSX VENTURE:SRX) is pleased to announce that, in connection with its previously announced bought-deal financing, Storm and the a syndicate of underwriters led by FirstEnergy Capital Corp. and including National Bank Financial [Read more]
Storm Resources Ltd. Announces $18 Million Bought Deal Financing and Up to $5.1 Million Non-Brokered Financing
CALGARY, ALBERTA--(Marketwired - April 10, 2013) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS. STORM RESOURCES LTD. ("Storm") (TSX VENTURE:SRX) is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by FirstEnergy Capital Corp. and including National Bank Financial Inc., Peters & Co. Ltd., Macquarie [Read more]
Spyglass Resources Corp. Announces April Cash Dividend and Provides Risk Management Update
CALGARY, ALBERTA--(Marketwired - April 9, 2013) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS. All values are in Canadian dollars unless otherwise indicated. Conversion of natural gas volumes to barrels of oil equivalent (boe) are at 6:1. Spyglass Resources Corp (SGL.TO) ("Spyglass") is pleased to announce that its April cash dividend of $0.0225 [Read more]
Hemisphere Energy Tests 400 boe/d Well in Jenner
VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 9, 2013) - Hemisphere Energy Corporation (TSX VENTURE:HME) is pleased to announce successful production test results of its recently drilled well in Jenner, southeast Alberta. Hemisphere's first horizontal well of its 2013 drilling program targeted the Glauconitic formation sandstones. The well was placed on test for an 88 hour period. Over the last 24 hours of the test, the well continued to flow up the casing at a stabilized choked pressure [Read more]