Calgary, Alberta - Reef Resources Ltd. ("Reef") is pleased to announce that it has received orders fully revoking the cease trade orders (the "CTOs") it received from the securities commissions in Alberta, British Columbia, Manitoba and Ontario effective September 23, 2022. Due to a lack of capital, Reef failed to file its annual audited financial statements, annual management's discussion and analysis ("MD&A") and certifications of annual filings for the year ended July 31, 2013. The [Read more]
TransGlobe Energy announces postponement of the special meeting to October 7, 2022
Calgary, Alberta - TransGlobe Energy Corporation (AIM: TGL) (TSX: TGL) (NASDAQ: TGA) ("TransGlobe" or the "Company") today announced that TransGlobe has, with the consent of VAALCO Energy, Inc. (NYSE: EGY) (LSE: EGY) ("VAALCO"), postponed the special meeting (the "Meeting") of the holders (the "TransGlobe Shareholders") of TransGlobe common shares ("TransGlobe Shares") to consider, and if deemed advisable, to pass the special resolution (the "Arrangement Resolution") to approve the proposed plan [Read more]
Suncor Energy commences tender offers for ten series of notes
Calgary, Alberta - Suncor Energy Inc. (TSX: SU) (NYSE: SU) ("Suncor") today announced offers to purchase for cash any and all of the ten series of outstanding notes described below ("Notes"), up to a maximum C$1,750,000,000 aggregate amount of Total Consideration (as defined below), on the terms and conditions set forth in the Offer to Purchase dated September 26, 2022 (the "Offer to Purchase"). The Offer to Purchase and the related Notice of Guaranteed Delivery can be accessed at the following [Read more]
ISS concludes that TransGlobe shareholders vote FOR the proposed business combination with VAALCO Energy, Inc.
Calgary, Alberta - TransGlobe Energy Corporation (AIM: TGL) (TSX: TGL) (NASDAQ: TGA) ("TransGlobe" or the "Company") is pleased to note the updated report issued by a leading proxy advisor, Institutional Shareholder Services ("ISS"), recommends its institutional clients vote FOR the proposed business combination ("Proposed Transaction") of TransGlobe and VAALCO Energy, Inc. (NYSE: EGY) (LSE: EGY) ("VAALCO") to create a world-class African-focused E&P company supporting sustainable [Read more]
Hemisphere Energy announces tertiary recovery project start-up in Atlee Buffalo F Pool
Vancouver, British Columbia - Hemisphere Energy Corporation (TSXV: HME) (OTCQX: HMENF) ("Hemisphere" or the "Company") is pleased to provide an update on its operations in Southern Alberta. Hemisphere completed construction of its new injection plant at the Atlee Buffalo F pool battery during the summer and moved into the early stages of tertiary recovery for the pool in August. Through the fourth quarter, the Company plans to expand its oil battery with the addition of a new treater, [Read more]
TransGlobe Energy Corporation: Your vote is important please vote your proxy today
Calgary, Alberta - TransGlobe Energy Corporation (TSX: TGL) Dear Shareholder: We recently mailed you proxy materials in connection with the special meeting of shareholders of TransGlobe Energy Corporation ("TransGlobe") scheduled to be held on September 29, 2022. Your voting participation is requested for this important meeting. Please vote your proxy today. Internet and telephone voting are available for your convenience. As set forth in the materials sent to you, at the special [Read more]
Saturn Oil & Gas Inc. announces OTCQX trading and participation in the International Investment Forum
Calgary, Alberta - Saturn Oil & Gas Inc. (TSXV: SOIL) (FSE: SMKA) (OTCQX: OILSF) ("Saturn" or the "Company") is pleased to announce that it has qualified to trade on the OTCQX® Best Market, and Kevin Smith, Saturn's Vice President Corporate Development will be presenting a webcast at the International Investment Forum on September 27, 2022. OTCQX Upgrade Saturn begins trading today on OTCQX under the symbol "OILSF." The Company upgraded to OTCQX from the Pink® market. U.S. investors [Read more]
Gear Energy Ltd. Announces August Monthly Update to Shareholders
Calgary, Alberta--(Newsfile Corp. - September 20, 2022) - Gear Energy Ltd. (TSX: GXE) (OTCQX: GENGF) ("Gear" or the "Company") is pleased to announce that the new August 2022 monthly update to shareholders can be accessed via the following link https://gearenergy.com/updates. [Read more]
Blacksteel Energy Inc. announces letter of intent to acquire Drakkar Energy Ltd.
Calgary, Alberta - Blacksteel Energy Inc. ("Blacksteel" or the "Corporation") is pleased to announce that it has signed a letter of intent (the "Proposed Transaction") to acquire Drakkar Energy Ltd. ("Drakkar Energy"). Drakkar Energy is a privately held oil and gas producer in Alberta whose sole producing asset is a 70% working interest in the jointly held Girouxville asset with Blacksteel. Total consideration is approximately $3.2 million consisting of a combination of shares, cash and [Read more]
Saturn Oil & Gas Inc. announces successful drilling results and AGM voting
Calgary, Alberta - Saturn Oil & Gas Inc. (TSXV: SOIL) (FSE: SMKA) ("Saturn" or the "Company") is pleased to provide results to date from its 2022 drilling program, its new re-drill program to enhance production of existing low to non-producing horizontal wells, and the results of the annual general and special meeting of shareholders. The 2022 drilling program has been focused on Saturn's two operational areas, the Oxbow Asset in Southeast Saskatchewan, and the Viking Asset in West-central [Read more]
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