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]
Hemisphere Energy Announces 90% Increase to Proved Reserves in 2012
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Mar 21, 2013) - Hemisphere Energy Corporation (TSX VENTURE:HME) is pleased to announce the results of its year-end independent reserves evaluation in accordance with National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities ("NI 51-101") as at December 31, 2012. The independent reserves evaluation covers a 10 month period ended December 31, 2012 as a result of a change in year-end and is primarily focused on Hemisphere''s core [Read more]
Hemisphere Energy Commences Drilling in Jenner
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Mar 7, 2013) - Hemisphere Energy Corporation (TSX VENTURE:HME) is pleased to announce drilling operations have commenced in the Jenner area of southeast Alberta. Hemisphere is targeting the oil-bearing sandstones of the Glauconitic formation with its first horizontal development well of 2013. This horizontal well represents the third well Hemisphere has drilled under the farm-in agreement announced in June 2012. Results will be made available [Read more]
Hemisphere Energy Announces Positive Third Quarter Results and Operations Update
Hemisphere Energy Corporation is pleased to announce its financial and operating results for the three and nine months ended November 30, 2012. All amounts are expressed in Canadian dollars. Achievements and Highlights Increased third quarter revenue by 114% to $2.7 million compared to $1.3 million in the same quarter of the previous fiscal year. Increased revenue for the first nine months by 293% to $7.2 million compared to $1.8 million in the same period last year. Increased third [Read more]
Hemisphere Provides Operational Update
Hemisphere Energy Corporation is pleased to provide an operational update on its fall drilling program in Jenner, southeast Alberta. Hemisphere has finished drilling three horizontal wells targeting the oil-bearing sandstones of the Glauconitic formation. Each horizontal well targeted a different oil pool within the Company''s core Jenner area. A completion rig has been mobilized to Jenner to begin completion operations. Production results from these three new oil wells will be announced as [Read more]