CALGARY, ALBERTA--(Marketwired - Oct. 15, 2013) - Painted Pony Petroleum Ltd. ("Painted Pony" or the "Company") (TSX VENTURE:PPY) is pleased to announce that the common shares of the Company will commence trading on the Toronto Stock Exchange ("TSX") at the opening of trading on October 17, 2013 under the symbol "PPY". Painted Pony's common shares will be delisted from the TSX Venture Exchange upon commencement of trading on the TSX. Painted Pony Petroleum Ltd. is a public oil and gas [Read more]
News
Whitecap Resources Inc. announces increase to credit facilities, provides operational update and increases 2013 guidance
CALGARY, Oct. 15, 2013 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to announce a 15 percent increase to our credit facilities from $520 million to $600 million in addition to providing shareholders with an update on our successful capital execution thus far in 2013. Our third quarter operational results have once again exceeded expectations with average production over 1,000 boe/d above our 20,000 boe/d production forecast providing us with the opportunity [Read more]
Hyperion Exploration Corp. Provides Third Quarter Operations and Corporate Updates
CALGARY, ALBERTA--(Marketwired - Oct. 15, 2013) - Hyperion Exploration Corp. ("Hyperion" or the "Company") (TSX VENTURE:HYX) provides a third quarter 2013 operations and corporate update. OPERATIONS UPDATE The 15-25 Cardium Hz well at Niton was drilled in August 2013 and placed on production in late September. This was the third earning well drilled as part of the 8,000 acre farm-in in the Niton/McLeod area. Hyperion has now fully earned three of the four primary earning blocks under the farm-in [Read more]
Energy Information Administration reports and data halted with US govt shutdown
One department hit by the US govt. shutdown is the US Energy Information Administration. The organization is responsible for critical reports related to the energy market, including: gas storage reports, crude oil and petroleum inventory and several others. Below is the notice posted on EIA.org: As a result of the lapse in appropriations for the U.S. Energy Information Administration, the EIA.gov website and our social media channels will not be updated after 1:00 p.m. Eastern Time on [Read more]
Oil hovers near $102 ahead of U.S. budget deal
BANGKOK - Oil was becalmed near US$102 a barrel Tuesday as U.S. legislators tried to hammer out an agreement to raise the government's borrowing limit and avoid a possible default.Benchmark crude for November delivery was down 4 cents to $102.37 a barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The contract gained 39 cents to close at $102.41 on Monday.The oil price has swung back and forth for days as lawmakers attempt to resolve an impasse that [Read more]
Athabasca Oil Corporation Announces an Executive Appointment
CALGARY, Oct. 12, 2013 /CNW/ - Athabasca Oil Corporation (TSX: ATH) ("Athabasca" or "AOC") has, due to increased operational activities and responsibilities, created the position of chief operating officer, in charge of all operations, both operating asset areas (Light Oil and Thermal Oil), in addition to all technical functions. The Board of Directors has appointed Rob Broen to this position effective immediately. Mr. Broen joined Athabasca in November, 2012 as senior vice president Light Oil [Read more]
Terra Energy Announces Extension to Lending Facility
CALGARY, ALBERTA--(Marketwired - Oct. 11, 2013) - Terra Energy Corp. (TSX:TT) ("Terra" or the "Company") announces the extension of the existing lending facility (the "Facility"). The Company has agreed with its syndicate of senior lenders, consisting of the Canadian Imperial Bank of Commerce and ATB Financial, to amend the existing Facility and extend it through to October 31, 2013 to facilitate the continuing debt restructuring process. Terra is a junior oil and gas corporation engaged in the [Read more]
Huntington Announces Appointment of New CFO and New Board Member
CALGARY, ALBERTA--(Marketwired - Oct. 11, 2013) - Huntington Exploration Inc. ("HEI" or the "Corporation") (TSX VENTURE:HEI) is pleased to announce that Ms. Sharon Evans, CGA has been appointed Chief Financial Officer of HEI. In addition, Robert V. Shields has been appointed to the Board of Directors of HEI, as an independent director. The officers of the Corporation are now: Robert Verhelst - President and CEO; Sharon Evans - CFO; and J. Timothy Bowes - Vice-President, Land and [Read more]
Business leaders turn screws on Obama to approve Keystone
TORONTO - A who's who of North America's business leaders are turning the screws on the Obama administration to approve the Keystone XL pipeline. They've sent a letter to Obama urging him to approve the controversial pipeline problem. The letter is signed by more than 165 CEO's and presidents of companies ranging from Boeing to AT&T to Caterpillar Inc. and ExxonMobil. The letter says the decision on Keystone will affect both investor confidence and the ability of the U.S. economy to [Read more]
Kallisto Recovers Oil from Crossfield 16-26 Elkton Test
CALGARY, ALBERTA--(Marketwired - Oct. 10, 2013) - Kallisto Energy Corp. (TSX VENTURE:KEC) ("Kallisto" or the "Company") is pleased to announce that it has recovered 32° API Elkton crude oil during operations to recover fluids used in the 16-26-027-01W5 ("16-26") completion. The recovery of crude oil from the 16-26 well is consistent with Kallisto's geological interpretation that the well would encounter a down-dip Elkton oil leg. The interpreted oil leg is on the same trend as multiple [Read more]