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]
Terra Energy Announces Extension to its Credit Facility
CALGARY, ALBERTA--(Marketwired - April 8, 2013) - Terra Energy Corp. ("Terra" or the "Company") (TT.TO) announces the extension of the existing credit facility (the "Credit Facility"). The Company has agreed with its syndicate of senior lenders, consisting of the Canadian Imperial Bank of Commerce and ATB Financial, to amend the existing Credit Facility and extend it through to July 31, 2013. Terra is a junior oil and gas corporation engaged in the exploration for, and development and [Read more]
NuVista Energy Ltd. Announces Long Term Gas Processing Agreement for Wapiti Montney Production
CALGARY, ALBERTA--(Marketwired - Apr 8, 2013) - NuVista Energy Ltd. ("NuVista")(NVA.TO) is pleased to announce that it has reached an agreement with Keyera Corp. ("Keyera") for the transportation and processing of its Wapiti Montney condensate-rich natural gas production. The companies have agreed to a 10 year arrangement with an initial firm capacity of 35 MMcf/d of raw natural gas production commencing in the second quarter of 2014, and increasing to 65 MMcf/d potentially as early as late [Read more]
Tuscany International Drilling Inc. Announces Hiring of Financial Advisors to Conduct Review of Strategic Alternatives
CALGARY, ALBERTA--(Marketwired - April 8, 2013) - Tuscany International Drilling Inc. ("Tuscany" or the "Company") (TSX:TID) (COLOMBIA:TIDC) is a Canadian-based oilfield services company, offering drilling, completion and workover services to the international oil and natural gas industry. The Board of Tuscany announces that it has retained Citigroup Global Markets Inc. ("Citi") and Black Spruce Merchant Capital Corp. ("BSMC") as its financial advisors to consider a range of potential [Read more]
Anterra Completes $7 Million Financing With LandOcean
CALGARY, ALBERTA--(Marketwired - April 8, 2013) - Anterra Energy Inc. (TSX VENTURE:AE.A) ("Anterra" or the "Company") is pleased to announce that the previously announced financing with LandOcean Energy Services Co. Ltd ("LandOcean") of Beijing, China has now been completed. LandOcean's subsidiary, LandOcean Resources Investment Canada Co. Ltd., has acquired 107,692,308 Class A shares of Anterra at a price of $0.065 per share, which represents 27.6% of Anterra's outstanding Class A [Read more]
DeeThree Exploration Ltd. Announces a 1580 bbl/d Brazeau Belly River Oil Test
CALGARY, ALBERTA--(Marketwired - April 8, 2013) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES DEETHREE EXPLORATION LTD. ("DeeThree" or the "Company") (DTX.TO)(DTHRF) is pleased to announce the results of a four day production test of its most recent horizontal Belly River oil well in its Brazeau property. The Company has a 100% working interest in the well. After fracture stimulation, the well continued to flow for four days up the 4 1/2" frac [Read more]
Canadian Natural Resources Limited Announces Normal Course Issuer Bid
CALGARY, ALBERTA--(Marketwired - Apr 5, 2013) - Canadian Natural Resources Limited (CNQ.TO) (CNQ) ("Canadian Natural") announced today that Toronto Stock Exchange has accepted notice filed by Canadian Natural of its intention to make a Normal Course Issuer Bid through the facilities of Toronto Stock Exchange. Purchases may also be made through the facilities of the New York Stock Exchange. The notice provides that Canadian Natural may, during the 12 month period commencing April 9, 2013 [Read more]
Shoreline Energy Corporation Announces Significant Reserve Value Increase Associated With 2013 Niobrara/Codell Oil Acquisitions, Wattenberg Field, Colorado
CALGARY, ALBERTA--(Marketwired - April 4, 2013) - NOT FOR DISTRIBUTION IN THE UNITED STATES Shoreline Energy Corp. (SEQ.TO) ("Shoreline" or the "Company") is very pleased to announce the results of an independent reserves evaluation of a previously announced acquisition of two non operated working interest asset packages in the Wattenberg Field of Colorado ("February Acquisitions") . The transaction closed on February 19, 2013. The reserves evaluation was conducted by DeGolyer and [Read more]
Yoho Resources’ Current Production Approaches 3,700 boe Per Day, Acquires Incremental Duvernay Lands at Kaybob and Completes Land Swap at Nig
CALGARY, ALBERTA--(Marketwired - Apr 3, 2013) - Yoho Resources Inc. ("Yoho" or the "Company") (TSX VENTURE:YO) is pleased to provide an update of operations at Kaybob, Alberta and Nig, British Columbia. Kaybob, Alberta At Kaybob, Yoho's recently drilled Duvernay wells at Tony Creek at 14-21-62-21 W5 (75% working interest) and at 1-16-62-21 W5 (75% working interest) (press release February 4, 2013) along with the 13-22-62-21 W5 well (50% working interest) have been on-stream and producing [Read more]
Edge Resources Inc. Provides Production Update
CALGARY, ALBERTA--(Marketwired - Apr 2, 2013) - Edge Resources Inc. ("Edge" or the "Company") (TSX VENTURE:EDE)(EDG.L) is pleased to announce that the first well of the Company's spring drilling program in Asset East (announced February 27, 2013), has been on production for the last thirty days and is producing better than expected. The well has averaged approximately 50 barrels of oil per day ("bopd") over the majority of the initial production period but has recently increased to over 60 [Read more]