CALGARY, ALBERTA--(Marketwired - May 1, 2015) - Toro Oil & Gas Ltd. (TSX VENTURE:TOO) ("Toro" or the "Company") announces that it has appointed Mr. Kevin McIntosh as its Vice President of Drilling and Completions. Mr. McIntosh comes to Toro with over 20 years of experience. Most recently, Mr. McIntosh was with Red River Oil, a private light oil producer in Saskatchewan. Prior thereto, Mr. McIntosh worked with Crescent Point Energy and Midway Energy. Mr. McIntosh has lead the drilling and [Read more]
News
Manitok Energy Inc. Announces the Execution of Asset Purchase Agreement for the Acquisition of 1,800 boe/d of Production and a 25,000 bbls/d Fluid Processing Facility in Southern Alberta
CALGARY, ALBERTA--(Marketwired - May 1, 2015) - Manitok Energy Inc. (the "Corporation" or "Manitok") (TSX VENTURE:MEI) is pleased to announce that it has entered into an asset purchase agreement with a public Alberta-based resource company for the acquisition of approximately 1,800 boe/d of production (66% oil and liquids) and a related 25,000 bbls/day fluid processing facility in the Wayne area of southeast Alberta (the "Wayne Assets") for total cash consideration of $61.5 million prior to [Read more]
Manitok Energy Inc. is Pleased to Announce Revised Terms and Additional Undeveloped Lands at Entice
CALGARY, ALBERTA--(Marketwired - May 1, 2015) - Manitok Energy Inc. (the "Corporation" or "Manitok") (TSX VENTURE:MEI) is pleased to announce revised terms and additional undeveloped lands to the Lease Issuance and Drilling Commitment Agreement with PrairieSky Royalty Ltd. (the "Agreement"). The major terms of the Agreement are as follows: Manitok will acquire additional petroleum and natural gas leases covering about 180 net sections (115,200 acres) in the Entice and Wayne area in southeast [Read more]
Manitok Energy Inc. Announces 2014 Year-End Financial Results, Reserves Evaluation and an Operational Update
CALGARY, ALBERTA--(Marketwired - May 1, 2015) - Manitok Energy Inc. (the "Corporation" or "Manitok") (TSX VENTURE:MEI) announces its financial and operating results for the year ended December 31, 2014, provides results from its 2014 independent reserves evaluation and provides an operational update. Given the current difficult commodity price environment, the Corporation continues to develop its more mature core area at Stolberg while setting itself up for growth in its second core area at [Read more]
Quattro Closes Three Acquisitions and One Divestiture in Western Canada, Adding 120 boe/d of Shut-In Production While Increasing Its Canadian Land Interests to 303,134 Acres (Net)
CALGARY, Alberta, April 30, 2015 (GLOBE NEWSWIRE) -- Quattro Exploration and Production Ltd. (TSX-V:QXP) ("Quattro" or the "Company") is pleased to report the completion of three acquisitions and one divestiture resulting in a total addition of 59,933 acres (net) of exploration land, bringing the Company's total net land position in Canada to 98,533 developed acres and 204,581 undeveloped acres (aggregate 303,134 acres) in the Company's core areas of operation. Quattro initially will be [Read more]
Mountainview Energy Ltd. Announces 2014 Year End Financials, Reserves and Provides Corporate Update
CUTBANK, MT, April 30, 2015 /CNW/ - Mountainview Energy Ltd. ("Mountainview" or the "Corporation") (TSX-V: MVW) announces its 2014 operating and financial results for the year ended December 31, 2014. The Corporation also announces that its audited financial statements and management's discussion and analysis for the year ended December 31, 2014, is available on SEDAR at www.sedar.com, and on Mountainview's website at www.mountainviewenergy.com. Year End Financials During 2014, Mountainview [Read more]
Premier Prentice says Alberta NDP pipeline policy will mirror Mulcair’s
EDMONTON - Premier Jim Prentice is ratcheting up warnings of a NDP-governed Alberta, bringing federal NDP Leader Thomas Mulcair into the fray and saying the party has a "fundamental distrust of business.""Make no mistake about the NDP," he told 1,500 party faithful at a Progressive Conservative fundraising dinner Thursday night."When you drill down into the policies that they are putting forward, you realize this not a new NDP."Fundamentally, the NDP could undermine the heart of Alberta's [Read more]
PSAC forecasts “astounding” drop in drilling
CALGARY - A drilling industry group is slashing its forecast for the number of wells that will be drilled in Canada this year by nearly half. The Petroleum Services Association of Canada is calling for only 5,320 wells across the country in 2015. The group says that's an "astounding" 47 per cent drop from what it predicted in October. The forecast is based on an average natural gas price of C$2.50, crude prices of US$53 a barrel and the Canadian dollar at 77 U.S. cents. The well [Read more]
Vital Energy Announces Year-End Filings
CALGARY, ALBERTA--(Marketwired - April 30, 2015) - Vital Energy Inc. ("Vital" or the "Corporation") (TSX VENTURE:VUX) is pleased to announce that it has filed its annual reserves information for the year ended December 31, 2014 in accordance with National Instrument 51-101 Standard of Disclosure for Oil and Gas Activities. In addition, the Corporation has filed its audited financial statements and management discussion and analysis for the year ended December 31, 2014. All of the aforementioned [Read more]
Anterra Energy Announces 2014 Year-End Results and Reserves
CALGARY, ALBERTA--(Marketwired - April 30, 2015) - Anterra Energy Inc. ("Anterra" or the "Company") (TSX VENTURE:AE.A) announces financial and operating results for the three months and year ended December 31, 2014, together with year-end reserve evaluations. Selected information presented below should be read in conjunction with the Company's audited financial statements and related management discussion and analysis for the year ended December 31, 2014, and the Company's Statement of Reserves [Read more]