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News

Neil Young needs to change his tune

January 16, 20147:03 AM Troy Media0 Comments

Blind to his own hypocritical acts, the aging rock star has become a sanctimonious, cranky old man By Doug Firby CALGARY, AB/ Troy Media/ - For four-and-a-half decades, Neil Young has been on outspoken social commentator, using his craft of rock and roll to critique the failings of U.S. domestic and foreign policy. After four students were gunned down in a confrontation with Ohio police at Kent State University in the late 1960s, he penned the angry song, Ohio, galvanizing the social [Read more]

Aroway Energy Inc. Inks Option Agreement With Major Oil Producer

January 16, 20146:30 AM Marketwired

CALGARY, ALBERTA--(Marketwired - Jan. 16, 2014) - AROWAY ENERGY INC. (TSX VENTURE:ARW)(OTCQX:ARWJF) (www.arowayenergy.com) (the "Company") is pleased to announce that it has executed a seismic option agreement with a major independent oil Company (the "Optionor") on 18 sections or portions of sections of freehold land (approximately 8,800 acres) adjoining Aroway's existing land base of 15 sections (9,600 acres) in the Kerrobert area of central Saskatchewan. Pursuant to the Agreement, Aroway [Read more]

Aroway Energy

Pengrowth Announces $715 Million 2014 Capital Program and Guidance

January 16, 20146:00 AM Marketwired

CALGARY, ALBERTA--(Marketwired - Jan. 16, 2014) - Pengrowth Energy Corporation (TSX:PGF)(NYSE:PGH) is pleased to announce that its Board of Directors has approved a $715 million capital budget for 2014, investing $365 million in its Lindbergh thermal oil project and $350 million in its non-thermal assets. Pengrowth is in the final year of its transition to become a sustainable, lower decline, higher cash flowing, oil producer. The company's focus in 2014 will be to: Maintain Pengrowth's [Read more]

Pengrowth Energy

Arcan Announces Operations Update and Resignation

January 15, 20149:54 PM Marketwired

CALGARY, ALBERTA--(Marketwired - Jan. 15, 2014) - Arcan Resources Ltd. (TSX VENTURE:ARN) ("Arcan" or the "Corporation") announces production has been fully restored following two separate third party pipeline outages during December 2013 and January 2014. Arcan has also completed drilling two of the four wells in its winter drilling program and anticipates all four wells will be drilled during its winter program and be on-stream prior to spring break-up. Arcan also announces the resignation [Read more]

Arcan Resources

Sunshine Oilsands Ltd. Announces Private Placement Financing of HK$76.5 Million of Common Shares and Warrants Under the General Mandate

January 15, 20147:22 PM CNW

CALGARY, Alberta, Jan. 15, 2014 /CNW/ - Sunshine Oilsands Ltd. (the "Corporation") (HKEX: 2012, TSX: SUO) is pleased to announce that it has received funds for and accepted an additional irrevocable subscription agreement (the "New Subscription Agreement") for 45,000,000 units of the Corporation ("Units") at a price of HK$1.70 per Unit (the "Subscription Price") (approximately CDN$0.24 per Unit at current exchange rates) for total gross proceeds of HK$76,500,000 (approximately CDN$10.8 million) [Read more]

Sunshine Oilsands

Long Run Exploration Ltd. Announces Dividend

January 15, 20144:00 PM Marketwired

CALGARY, ALBERTA--(Marketwired - Jan. 15, 2014) - Long Run Exploration Ltd. ("Long Run" or the "Company") (TSX:LRE) is pleased to announce that the Board of Directors has declared a dividend of $0.0335 per common share and per non-voting convertible share to be paid on February 14, 2014 to shareholders of record at the close of business on January 31, 2014. The ex-dividend date for this dividend is January 29, 2014. Shareholders are advised that this dividend is designated as an "eligible [Read more]

Long Run Exploration

Connacher Provides Fourth Quarter 2013 Operational Update and Conference Call Details

January 15, 20143:15 PM CNW

CALGARY, Jan. 15, 2014 /CNW/ - Connacher Oil and Gas Limited (CLL - TSX; "Connacher" or the "Company") provides the following operational update for the fourth quarter 2013 ("Q4 2013"). All production related results disclosed herein are based on field estimates. Production and Operations Connacher's Great Divide production for Q4 2013 averaged 11,400 bbl/d. Production was 3% lower than the prior quarter (Q3 2013 11,788 bbl/d). Production in late November and early December was negatively [Read more]

Connacher Oil and Gas

Sonde Resources Corp. Announces Delisting of Common Shares on TSX and Application for Listing on TSXV

January 15, 20142:43 PM Marketwired

CALGARY, ALBERTA--(Marketwired - Jan. 15, 2014) - Sonde Resources Corp. ("Sonde" or the "Company") (TSX:SOQ)(NYSE MKT:SOQ) announced today that pursuant to an Expedited Review Process initiated by the TSX, its common shares will be delisted from the TSX at the close of market on February 18, 2014. The TSX concluded that Sonde no longer meets the continued listing requirements of the TSX as a result of the sale of substantially all of its Western Canada assets including all of its Southern [Read more]

Marquee Energy Sonde Resources

Birchcliff Energy Ltd. Achieves Record Production Volumes, Increases 2014 Exit Production Guidance and Updates Hedging Program

January 15, 20142:01 PM Marketwired

CALGARY, ALBERTA--(Marketwired - Jan. 15, 2014) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Birchcliff Energy Ltd. ("Birchcliff") (TSX:BIR) is pleased to report the following record production volumes and updates: 2013 Exit Production Volumes. Estimated daily production during the last two weeks of December 2013 exceeded 30,000 boe per day, exceeding Birchcliff's previously estimated 2013 exit production volumes. January 2014 [Read more]

Birchcliff Energy

Keystone ‘decision time’ is upon Obama: Baird

January 15, 20141:02 PM The Canadian Press0 Comments

WASHINGTON - John Baird is in Washington today pushing for a prompt decision on the Keystone XL pipeline.The foreign affairs minister is making public appearances with Keystone-friendly senators amid a string of meetings.The message from Baird and the senators is that the Obama administration shouldn't drag out the approval process any longer.At one news conference, Baird said "decision time" is upon us, later repeating the phrase to emphasize the point.When asked what else politicians can do to [Read more]

Keystone XL

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