CALGARY, ALBERTA--(Marketwired - May 19, 2015) - Canadian Spirit Resources Inc. ("CSRI" or the "Corporation") (TSX VENTURE:SPI)(OTCBB:CSPUF) announces that it plans to extend the expiry date on 2,555,000 outstanding share purchase warrants (the "Warrants") for one year, from June 3 and 17, 2015 to June 3 and 17, 2016. The exercise price of $0.50 and all other terms of the Warrants remain unchanged. Each whole warrant entitles the holder to acquire one additional share of the Corporation. This [Read more]
News
Nova Scotia environment minister approves liquefied natural gas project
POINT TUPPER, N.S. - A proposed liquefied natural gas export facility in Cape Breton has received its environmental approval from the Nova Scotia government.The Environment Department says Bear Head LNG Corp. must address 32 terms and conditions to control greenhouse-gas emissions and to reduce impacts on wildlife, water and wetlands at the site near Port Hawkesbury.The company, a subsidiary of Australia-based Liquefied Natural Gas Ltd., must also create a consulting committee that includes [Read more]
Up to 185,000 jobs could be lost in oil and gas industry this year, study says
CALGARY - Shrinking budgets in the oil and gas industry could lead to as many as 185,000 direct and indirect job losses in Canada this year, according to a new study by an industry group.The report, released Tuesday by the labour market division of Enform, says the potential losses would represent a 25 per cent drop in the number of jobs the sector supports and are the result of major budget cuts in the oilpatch.The industry is expected to spend $94 billion this year, down from $125 billion last [Read more]
Storm Resources Ltd. Announces a $36 Million Equity Financing
CALGARY, ALBERTA--(Marketwired - May 19, 2015) - EQUITY FINANCING STORM RESOURCES LTD. ("Storm") (TSX VENTURE:SRX) is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by FirstEnergy Capital Corp. and including GMP Securities Ltd., RBC Capital Markets, Peters & Co. Limited, National Bank Financial Inc. and Raymond James Ltd. (collectively, the "Underwriters") to issue, on a bought deal basis, 8,000,000 common shares ("Common Shares") at a [Read more]
Striker Exploration Corp. Announces Belly River Acquisition
CALGARY, ALBERTA--(Marketwired - May 19, 2015) - Striker Exploration Corp. ("Striker" or the "Company") (TSX VENTURE:SKX) is pleased to announce that it has entered into a purchase and sale agreement with an arm's length public oil and gas company for the acquisition of an asset in the Wilson Creek area for $3.875 million cash, before adjustments (the "Acquisition"). The Acquisition is expected to close on or about June 16, 2015 with an effective date of April 1, 2015. The Acquisition is [Read more]
Strategic Oil & Gas Ltd. Announces First Quarter 2015 Financial and Operating Results
CALGARY, ALBERTA--(Marketwired - May 19, 2015) - Strategic Oil & Gas Ltd. ("Strategic" or the "Company") (TSX VENTURE:SOG) reports financial and operating results for the three months ended March 31, 2015. Detailed results are presented in Strategic's interim condensed consolidated financial statements and related Management's Discussion and Analysis ("MD&A") which will be available through the Corporation's website at www.sogoil.com and on SEDAR at www.sedar.com. FINANCIAL AND [Read more]
Saturn Minerals Update on Bannock Creek Drilling
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 19, 2015) - Saturn Minerals Inc. (TSX VENTURE:SMI)(FRANKFURT:SMK) ("Saturn" or the "Company") announces an update on the results from its operated 9-5 Bannock Creek exploration well in northeast Saskatchewan which commenced drilling on May 12, 2015. The current drilling team and rig have not reached the three targeted zones of the Yeoman, Deadwood and Winnipeg sands, with the drill bit reaching a total depth of 560 meters, approximately 70 [Read more]
Arctic drilling foes try to stop work on Shell rig; city issues violation notice
SEATTLE - Neither a protest by hundreds of demonstrators nor a permit violation notice from the city will halt Royal Dutch Shell's use of a Seattle seaport terminal as it prepares for exploratory oil drilling in the Arctic Ocean, spokesmen say.The violation notice issued Monday by the Seattle Department of Planning and Development said use of Terminal 5 by a massive floating drill rig was in violation of the site's permitted use as a cargo terminal. The 400-foot Polar Pioneer and its support tug [Read more]
DeeThree Announces Completion of Corporate Reorganization
CALGARY, ALBERTA--(Marketwired - May 15, 2015) - DEETHREE EXPLORATION LTD. ("DeeThree") (TSX:DTX)(OTCQX:DTHRF) and BOULDER ENERGY LTD. ("Boulder") are pleased to announce the completion of the reorganization of DeeThree into two, oil-focused and independent, publicly traded energy companies pursuant to a plan of arrangement (the "Reorganization"). The name of DeeThree was changed to "Granite Oil Corp." ("Granite") concurrently with the completion of the Reorganization. Under the [Read more]
Anderson Energy Announces 2015 First Quarter Results
CALGARY, ALBERTA--(Marketwired - May 15, 2015) - Anderson Energy Inc. ("Anderson" or the "Company") (TSX:AXL) announces its operating and financial results for the first quarter ended March 31, 2015. The Company will be filing its unaudited condensed interim financial statements and management's discussion and analysis ("MD&A") for the three months ended March 31, 2015 on SEDAR today. Copies can be found under the Company's profile on www.sedar.com and on the Company's website at [Read more]