VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 31, 2015) - Canada Energy Partners Inc. (TSX VENTURE:CE) (the "Company") is pleased to announce a new strategic initiative for the Company. New Strategic Initiative For three years, the Company has been researching and designing a cavitation tool that can excavate cavities in subsurface coal seams for the dual purpose of producing commercial quantities of coal via a wellbore and stimulating the production of natural gas from coal seams. [Read more]
News
Saturn Minerals Inc. Completes Seismic Program at Little Swan Saskatchewan Oil & Gas Property
VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 31, 2015) - Saturn Minerals Inc. (TSX VENTURE:SMI)(FRANKFURT:SMK) ("Saturn" or the "Company") is pleased to announce the completion of its third 2D seismic program over Petroleum Exploration Permit 71 (the "Little Swan Property") consisting of 102,758 Hectares in the northern Williston Basin in eastern Saskatchewan. The seismic program was designed to evaluate the deeper Ordovician-Cambrian targets originally identified as having hydrocarbon [Read more]
High North Resources Ltd. Amends Its Proposal to Debentureholders
CALGARY, ALBERTA--(Marketwired - March 30, 2015) - High North Resources Ltd. (TSX VENTURE:HN) (the "Company" or "High North") has amended the terms of its proposal to holders (the "Debentureholders") of debentures (the "Debentures") expiring April 4, 2015 (the "Maturity Date"), previously announced in its press release of March 13, 2015 (the "Press Release"). The revised proposal to amend (the "Revised Indenture Amendments") the convertible debenture indenture entered into between High North and [Read more]
Connacher Announces Voting Results from Shareholders' and Noteholders' Meetings
CALGARY, March 30, 2015 /CNW/ - Connacher Oil and Gas Limited (CLL – TSX; "Connacher" or the "Company") is pleased to announce the voting results for the shareholders' and noteholders' meetings. Shareholders and noteholders voted overwhelmingly in support of all matters related to the previously announced proposed recapitalization transaction (the "Recapitalization"). Shareholders were asked to approve the continuance resolution, the plan of arrangement and other annual meeting matters. The [Read more]
Petrus Resources Ltd. Announces Fourth Quarter and Annual 2014 Results, Setting New Records for Production, Cash Flow and Reserves
CALGARY, ALBERTA--(Marketwired - March 30, 2015) - Petrus Resources Ltd. ("Petrus" or the "Company") is pleased to report operating and financial results for the fourth quarter and the 2014 fiscal year, in which the Company set new records for production, cash flow and reserves. Petrus began 2014, its third full year of operations, with production of 4,052 boe per day (46% oil and liquids) and exited the year at a record 11,200 boe per day (46% oil and liquids), nearly a three-fold increase. [Read more]
Waldron Energy Corporation Announces 2014 Year End Results, 2014 Year End Reserves and Operations Update
CALGARY, ALBERTA--(Marketwired - March 27, 2015) - Waldron Energy Corporation ("Waldron" or the "Corporation") (TSX:WDN) is pleased to announce its financial and operational results for the year and three months ended December 31, 2014. The Corporation's audited year-end financial statements and Annual Information Form ("AIF") including a statement on reserves data and other information specified in NI 51-101 are available for review at www.sedar.com and on the Corporation's website at [Read more]
LGX Oil + Gas Inc. announces executive changes
CALGARY, March 27, 2015 /CNW/ - LGX Oil + Gas Inc. ("LGX" or the "Company") (TSXV: OIL) announces that Curt Ziemer has been appointed Vice-President, Finance and Chief Financial Officer of the Company effective today and that Matt Janisch, who previously held that role, is no longer an officer of the Company. Mr. Ziemer has been responsible for all accounting and financial reporting functions of LGX since 2012, most recently as Vice-President, Accounting. The Board would like to thank Mr. [Read more]
Vital Energy Inc.: Director Appointment
CALGARY, ALBERTA--(Marketwired - March 27, 2015) - Vital Energy Inc. ("Vital" or the "Corporation") (TSX VENTURE:VUX) is pleased to announce that: Mr. Vincent Cheung, P. Eng. has been appointed to the Board of Directors of Vital Energy Corporation. Mr. Cheung has been an active Petroleum Engineer in the oil and gas industry for in excess of 37 years. Vincent has held both technical and management positions with major, intermediate, junior and start up energy companies. Mr. Cheung received [Read more]
Sunshine Oilsands Ltd. Announcement of Results for the Fourth Quarter and the Year Ended December 31, 2014 and Update of the West Ells Startup Schedule
HONG KONG and CALGARY, Canada, March 26, 2015 /CNW/ -- Sunshine Oilsands Ltd. (the "Corporation" or "Sunshine") (HKEX: 2012; TSX: SUO) today announced its financial results for the fourth quarter and the year ended December 31, 2014. The Corporation's consolidated financial statements, notes to the consolidated financial statements, Management's Discussion and Analysis and Annual Information Form have been filed on SEDAR (www.sedar.com) and with The Stock Exchange of Hong Kong Limited (the [Read more]
Oil jumps almost 5 per cent; Saudi Air strikes in Yemen lead to fears of supply disruptions
The price of oil rose sharply on Thursday as mounting tensions in Yemen got traders worried that the flow of crude from the Persian Gulf region could be disrupted.Saudi Arabia and other Gulf states launched strikes on key military installations in Yemen. They aim to oust Shiite rebels who forced the country's embattled president to flee.U.S. crude rose $2.22, or 4.5 per cent, to close at $51.43 a barrel in New York. U.S. crude oil has jumped 17 per cent since hitting a low of $43.96 a barrel a [Read more]