CALGARY, ALBERTA--(Marketwired - Dec. 4, 2013) - AROWAY ENERGY INC. (TSX VENTURE:ARW)(OTCQX:ARWJF) (www.arowayenergy.com) (the "Company") announces that it has commenced operations on a new development oil well on its 100% owned and operated Kirkpatrick Lake property in Central Alberta. The new development oil well will be drilled to an approximate depth of 1,400 meters into the Ellerslie formation. This new well is classified as a development well, and offsets Aroway's original discovery well [Read more]
News
Crescent Point Energy Exceeds 2013 Exit Production Guidance and Announces $1.75 Billion Capital Expenditures Budget for 2014
CALGARY, ALBERTA--(Marketwired - Dec. 3, 2013) - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) is pleased to announce that it surpassed its 2013 exit guidance of 124,000 boe/d in November. "We've had a record year and have beaten our targets every quarter. When you look at our outperformance in 2012 and 2013, a lot of it is due to the advancements in technology that we've made as a company and our consistent push to improve our completions techniques," said [Read more]
Atikwa Resources Inc. Provides Management Update
CALGARY, ALBERTA--(Marketwired - Dec. 3, 2013) - Atikwa Resources Inc. (TSX VENTURE:ATK) (the "Company") today announced that Mr. Garry Topolnitsky, Chief Financial Officer (CFO), has resigned his position due to personal reasons. Mr. Topolnitsky has agreed to assist the Company until a new CFO is retained. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy [Read more]
Groundstar Resources Announces New Oil Production In Canada
CALGARY, December 3, 2013, Groundstar Resources Limited. ("Groundstar", "the "Company", "we", "us", or "our") (TSXV: GSA US: GRDSF symbol) is pleased to announce that, pursuant to its previously announced strategy to add production volumes domestically, it is for the first time since incorporation now operating and producing hydrocarbons in North America. Groundstar has drilled a successful oil well in Saskatchewan and continuous oil production has commenced at the 3-13-45-26W3M well (the "3-13 [Read more]
Black Swan Energy announces $150 million equity investment
CALGARY, Dec. 3, 2013 /CNW/ - Black Swan Energy Ltd. today announced that it has completed a $150 million increase in the equity capital commitments from its existing shareholders which include Warburg Pincus, Canada Pension Plan Investment Board and KERN Partners. This brings the total capital commitment from its shareholders to $501 million, with the new capital being used to fully fund the appraisal and early development of its current properties. Black Swan is focused on its growing base of [Read more]
Surge Energy Inc. closes previously announced core area crude oil acquisition, conversion of subscription receipts, upwardly revised guidance and increased dividend
CALGARY, Dec. 3, 2013 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) is pleased to announce that it has now closed the previously announced acquisition (the "Acquisition") of a high quality, low decline, operated, crude oil producing asset strategically located near Wainwright in the Company's core area of Central Alberta (the "Assets"). The Assets include over 980 barrels per day of primarily medium gravity crude oil production (with a historical nine percent annual decline), [Read more]
Donnycreek Increases Private Placement to Approximately $8 Million of Flow-Through Shares
CALGARY, ALBERTA--(Marketwired - Dec. 3, 2013) - Donnycreek Energy Inc. ("Donnycreek" or the "Company") (TSX VENTURE:DCK) reports that due to strong demand, the Company and RBC Capital Markets have increased the size of the recently announced private placement offering from $6,000,000 to $8,040,000 of common shares of the Company to be issued on a "flow-through" basis (the "Flow-Through Shares") at a price of $2.40 per Flow-Through Share (the "Offering"). The gross proceeds of the Flow-Through [Read more]
Kelt Exploration Ltd. closes equity financings for $101.06 million
CALGARY, Dec. 3, 2013 /CNW/ - ("KEL" - TSX) - Kelt Exploration Ltd. ("Kelt" or the "Company") is pleased to announce that it has completed a bought deal private placement offering (the "Brokered Offering") with a syndicate of underwriters led by Peters & Co. Limited and including CIBC World Markets Inc., FirstEnergy Capital Corp., RBC Capital Markets, National Bank Financial Inc., Scotia Capital Inc., AltaCorp Capital Inc., Cormark Securities Inc., GMP Securities Inc., Dundee Capital Markets [Read more]
NuVista Energy Ltd. Announces Closing of Equity Financing
CALGARY, ALBERTA--(Marketwired - Dec. 3, 2013) - NuVista Energy Ltd. ("NuVista") (TSX:NVA) is pleased to announce that it has closed its previously announced public offering of 11,000,000 common shares through a syndicate of underwriters co-led by Peters & Co. Limited and RBC Capital Markets and including CIBC World Markets Inc., FirstEnergy Capital Corp., Scotia Capital Inc., BMO Capital Markets, TD Securities Inc., and National Bank Financial Inc. at a price of $7.10 per common share for [Read more]
Questerre Announces Flow-Through Equity Offering
CALGARY, ALBERTA--(Marketwired - Dec. 3, 2013) - Questerre Energy Corporation ("Questerre" or the "Company") (TSX:QEC)(OSLO:QEC) is pleased to announce that it has entered into an agreement with a syndicate of underwriters to purchase, on a guaranteed agency basis, 5.1 million Common Shares, to be issued on a flow-through basis (the "CEE Flow-Through Shares"), at $1.55 per CEE Flow-Through Share for aggregate gross proceeds of $7.905 million. The syndicate of [Read more]