CUT BANK, MT, April 14, 2014 /CNW/ - Mountainview Energy Ltd. ("Mountainview" or "the Company") (TSXV: MVW) is pleased to announce significant 2013 year end reserve growth, highlighting success at the 12 Gage Three Forks play, for the year ended December 31, 2013. Selected reserve information is outlined below and should be read in conjunction with Mountainview's upcoming audited financial statements and related management discussion and analysis, which will be made available for review [Read more]
News
BlackPearl Announces Closing of $10 Million Private Placement and Expansion of Its Credit Facilities
CALGARY, ALBERTA--(Marketwired - April 14, 2014) - BlackPearl Resources Inc. ("BlackPearl" or the "Company") (TSX:PXX)(OMX:PXXS) is pleased to announce that it has closed its previously announced private placement of 3,773,585 common shares of BlackPearl at a price of $2.65 per share for aggregate gross proceeds of $10,000,000. With the closing of the private placement of common shares, together with the previously announced closing of the public offering of common shares and the exercise of [Read more]
Crescent Point Energy Announces Torquay Discovery and Operational Update
CALGARY, ALBERTA--(Marketwired - April 14, 2014) - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG)(NYSE:CPG) is pleased to announce a significant Torquay discovery in southeast Saskatchewan. Over the past 12 months, Crescent Point has delineated a Torquay discovery in its core Flat Lake area of southeast Saskatchewan. This discovery is an extension of the Company's Three Forks resource play in North Dakota. Crescent Point has more than 220 net sections of core-area [Read more]
Baytex Provides Update on Aurora Acquisition
CALGARY, ALBERTA--(Marketwired - April 14, 2014) - Baytex Energy Corp. ("Baytex") (TSX:BTE)(NYSE:BTE) provides an update on the status of its proposed acquisition of all of the shares of Aurora Oil & Gas Limited ("Aurora") pursuant to a scheme of arrangement under Australian law (the "Arrangement"). The Federal Court of Australia has approved the dispatch of the scheme booklet and ordered that a meeting of Aurora shareholders be convened to consider and vote on the Arrangement. The scheme [Read more]
Oil rises above $104 on Ukraine tensions, Libyan resignation
The price of crude oil rose Monday as escalating Russia-Ukraine tensions and the resignation of Libya's interim prime minister added to uncertainties about oil supplies.Benchmark U.S. crude for May delivery was up 69 cents at US$104.43 a barrel at 4:13 a.m. ET in electronic trading on the New York Mercantile Exchange. The contract rose 34 cents Friday to close at close at $103.74.Ukraine's government announced Sunday it was sending in troops to try to quash a pro-Russian insurgency in eastern [Read more]
Opponents of Keystone XL pipeline carve message into Nebraska field
NELIGH, Neb. - Opponents of a proposed pipeline to carry Canadian oil south to the U.S. Gulf Coast have carved a message of resistance into a Nebraska field in the project's path. The 32-hectare artwork, which was done last week and reads "Heartland#NoKXL," is the latest protest environmentalists and landowners have employed against TransCanada's proposed Keystone XL pipeline. Critics of the pipeline want President Barack Obama to reject the project because they fear it could contaminate [Read more]
Kitimat, B.C., residents vote no in Northern Gateway oil pipeline plebiscite
KITIMAT, B.C. - The residents of Kitimat, B.C. have voted against the proposed Northern Gateway pipeline project in a non-binding plebiscite.The ballot count from Saturday's vote was 1,793 opposed versus 1,278 who supported the multi-billion dollar project — a margin of 58.4 per cent to 41.6 per cent.The $6.5-billion project would see two pipelines, one carrying oilsands' bitumen from Alberta to Kitimat's port, and a second carrying condensate — a form of natural gas used to dilute the bitumen — [Read more]
Kitimat, B.C., residents vote in Northern Gateway oil pipeline plebiscite
KITIMAT, B.C. - A record turnout is expected today as residents of the north-coast British Columbia town of Kitimat cast ballots in a plebiscite over the Northern Gateway pipeline project.Other than to gauge the public temperature around the heated issue of the proposed oil pipeline, it's unclear — even to Kitimat council — what approval or rejection of the non-binding vote will mean.Warren Waycheshen, Kitimat's deputy administrative officer, said more than 900 people voted in advanced polls, [Read more]
Questfire Energy Corp. Announces Incentive Share Option Issuance
CALGARY, ALBERTA--(Marketwired - April 11, 2014) - Questfire Energy Corp. (the "Corporation") (TSX VENTURE:Q.A)(TSX VENTURE:Q.B) announces it has issued an aggregate of 615,000 options to directors, officers, employees and consultants pursuant to its stock option plan, of which 320,000 were granted to directors and officers. The options have an exercise price of $2.05 per share and will expire on April 11, 2024. To request a free copy of Questfire's financial report or if you would like to be [Read more]
Alberta families affected by oilpatch odours may testify in U.S. Senate hearings
EDMONTON - Families affected by odours from oilsands operations in northern Alberta have been invited to testify at United States Senate hearings on the Keystone XL pipeline.Lawyer Keith Wilson, who represents the families in the Peace River area, says they are still deciding whether they want to testify.The smells are coming from facilities owned by Baytex Energy.Alberta's energy regulator concluded after public hearings that the odours could be causing health problems and ordered the smells to [Read more]