CALGARY, Alberta and HONG KONG, Dec. 3, 2013 /CNW/ - Sunshine Oilsands Ltd. ("Sunshine" or the "Corporation") (HKEX: 2012, TSX: SUO) is pleased to announce that it has received and accepted irrevocable subscription agreements (the "Subscription Agreements ") for 197,976,471 units of the Corporation ("Units") at a price of HK $1.70 per Unit (the "Subscription Price") (approximately CDN $0.23 per Unit at current exchange rates) for total gross proceeds of HK $336,560,000 (approximately CDN $46.1 [Read more]
News
Nova Scotia to ban import of fracking waste
HALIFAX - Nova Scotia won't be accepting waste water from hydraulic fracturing done outside the province under legislation introduced Monday.Environment Minister Randy Delorey said the proposed ban is appropriate given there is a moratorium on fracking in Nova Scotia while an independent review of the process is underway.The review is being led by Cape Breton University president David Wheeler and findings are expected to be released in the spring.Delorey said the legislation shouldn't have to [Read more]
Rock Energy Inc. Announces Appointment of Board Director
CALGARY, ALBERTA--(Marketwired - Dec. 2, 2013) - Rock Energy Inc. (TSX:RE) ("Rock") is pleased to announce that effective December 2, 2013, Mr. Richard J. S. Wigington has been appointed to the Board of Directors of Rock Energy. Richard (Dick) is a Professional Geologist with 36 years' experience in the oil and gas industry. He is a member of the Institute of Corporate Directors, and is currently enrolled in their Director's Education Program. Dick has a Bachelor of Science, Geology [Read more]
Enerplus Increases 2013 Production Estimate and Forecasts 10% Production Growth in 2014
This news release includes forward-looking statements and information within the meaning of applicable securities laws. Readers are advised to review the "Cautionary Note Regarding Forward-Looking Information and Statements" at the conclusion of this news release. For information regarding the presentation of certain information in this news release, see "Currency, BOE and Operational Information" at the conclusion of this news release. CALGARY, Dec. 2, 2013 /CNW/ - Enerplus Corporation [Read more]
Donnycreek Announces Private Placement of $6 Million of Flow-Through Shares and Operations Update
CALGARY, ALBERTA--(Marketwired - Dec. 2, 2013) - Donnycreek Energy Inc. ("Donnycreek" or the "Company") (TSX VENTURE:DCK) reports that it has engaged RBC Capital Markets in connection with a private placement offering (the "Offering"), on a guaranteed basis, of 2,500,000 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, resulting in gross proceeds of $6,000,000. The gross proceeds [Read more]
Lubicon First Nation files suit against PennWest
An Alberta First Nation that has been fighting for a reserve for decades has asked for an injunction against a Calgary energy company to stop drilling on lands the group seeks to claim.The lawsuit, filed by the Lubicon First Nation against PennWest Exploration (TSX:PWT), seeks to stop all fracking activity on lands around Haig Lake."We're trying to get an injunction to have them vacate the premises and cease all activities there," said Lubicon lawyer James O'Reilly from Montreal. "That area is [Read more]
Ex Harper appointee in Washington: Canada ‘rogue state’ on environment, urges US to BLOCK Keystone
WASHINGTON - A former Harper government appointee has used a keynote speech at a Washington, D.C., event to trample the Canadian government's message on oil pipelines. Mark Jaccard was one of the first people nominated by the Conservatives to the environmental file, when he was named in 2006 to the now-defunct National Round Table on the Environment and the Economy. The environmental economist now has delivered a lengthy rebuke of Canada's climate-change performance at an event near the [Read more]
Tallgrass Energy Corp. Corporate Update
CALGARY, ALBERTA--(December 2, 2013) - Tallgrass Energy Corp. (the "Company") (TSX VENTURE: TLC) announces that the independent directors, Mr. Jonathan Lexier and Mr. Jim Screaton have resigned as Directors of the Company on November 28th, 2013. Requests by the Company for access to financial information necessary for completion of the Company's quarterly financial statements from the receiver, Grant Thornton Limited, have not been granted and, as such, the financial statements of the Company [Read more]
Questerre Closes 174 Million NOK Private Placement
CALGARY, ALBERTA--(Marketwired - Dec. 2, 2013) - THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS Questerre Energy Corporation">Questerre Energy Corporation ("Questerre" or the "Company") (TSX:QEC) (OSLO:QEC) is pleased to report that it has closed its equity offering previously announced on November 20, 2013. The offering consisted of the issuance of 23,494,753 common [Read more]
RedWater Announces Financial and Operating Results for the Three and Nine Months Ended September 30, 2013
OKOTOKS, ALBERTA--(Marketwired - Dec. 2, 2013) - RedWater Energy Corp. ("RedWater") (TSX VENTURE:RED) is pleased to report record financial and operating results for the three and nine month periods ended September 30, 2013. RedWater's interim condensed financial statements and related management's discussion and analysis for the three and nine months ended September 30, 2013 have been filed and are available on the SEDAR website at www.sedar.com and may also be obtained on RedWater's website at [Read more]