CALGARY, April 8, 2014 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to announce that it has completed its previously announced bought deal financing (the "Offering"). Whitecap, through a syndicate of underwriters co-led by National Bank Financial Inc. and TD Securities Inc. and including GMP Securities L.P., Dundee Securities Ltd, RBC Capital Markets, Scotia Capital Inc., CIBC World Markets, FirstEnergy Capital Corp., Macquarie Capital Markets Canada Ltd., [Read more]
News
Aroway Energy Inc. Puts New Oil Well On Production At West Hazel
Calgary, Alberta / ACCESSWIRE / April 8, 2014 / AROWAY ENERGY INC. (TSX-V: ARW) (OTCQX: ARWJF) (http://www.arowayenergy.com/) (the "Company") is pleased to announce that it has drilled and completed a new oil well at the Company's 100% owned and operated West Hazel property. The oil well was drilled to a total measured depth of 608 meters and completed into the General Petroleum Formation. Completion and Equipping operations have been concluded and the well has been pipelined tied-in to Aroway's [Read more]
Anterra Announces 136% Increase to 2013 Year-End Reserves
CALGARY, ALBERTA--(Marketwired - April 8, 2014) - Anterra Energy Inc. ("Anterra" or the "Company") (TSX VENTURE:AE.A)(OTCQX:ATERF) is pleased to report that its oil and gas reserves as at December 31, 2013 increased 3.3 million barrels of oil equivalent ("MMboe') or 136% over December 31, 2012 year-end reserves, on a proved plus probable basis. Year-end 2013 reserves increased 1.7 MMboe or 154% on a Proved basis over year-end 2012 reserves. The year-over-year increases are primarily the [Read more]
Quebec business community breathes sigh of relief at Liberal majority win
MONTREAL - Members of Quebec's business community breathed a collective sigh of relief Monday, hopeful that a majority Liberal government will herald an era of stability marked by new investments, jobs and real estate activity in the province."I think the business community will be pleased," said Yves-Thomas Dorval, president of the Quebec Employers Council."There was a question mark in the air and now a majority government will certainly provide a better, stable and foreseeable [Read more]
Seven Generations Energy Ltd. Acquires 118 Net Sections of Additional Montney Lands
CALGARY, April 7, 2014 /CNW/ - Seven Generations Energy Ltd. ("7G" or the "Company") is pleased to announce that since the beginning of 2014, it has, through several separate purchase and swap transactions, increased its Montney land holdings by a net 118 sections. The net cost to 7G for these transactions was approximately $29.5 million cash and other consideration. The acquisitions also include a road accessing 7G's core lands between the Kakwa and Smoky Rivers. 7G's net land holdings [Read more]
Oil slips under US$101 a barrrel amid hopes for increase in Libyan supplies
Crude oil fell below US$101 a barrel Monday following reports that four Libyan oil terminals under militia control could soon reopen and possibly boost global supplies.Benchmark West Texas Intermediate crude for May delivery slipped 70 cents to US$100.44 a barrel on the New York Mercantile Exchange. The price has hovered around US$100 a barrel for most of the past month.Brent crude, used to set prices for international varieties of oil, dropped 90 cents to US$105.82 a barrel on the ICE Futures [Read more]
Donnycreek Reports Successful Test Results in Kakwa Upper Montney Zone
CALGARY, ALBERTA--(Marketwired - April 7, 2014) - Donnycreek Energy Inc. ("Donnycreek" or the "Company") (TSX VENTURE:DCK) reports that its eighth Kakwa horizontal Montney well at 02/14-30-63-5 W6 (the "02/14-30 Well") (Donnycreek 50% working interest) drilled in the upper Montney interval has been successfully completed and tested. The 02/14-30 Well was drilled to a total measured depth of approximately 4,563 metres, with a horizontal leg of approximately 1,068 metres, approximately 200-500 [Read more]
Contact Exploration’s Kakwa Development Continues with Successful Test Results in Upper Montney Zone
CALGARY, ALBERTA--(Marketwired - April 7, 2014) - Contact Exploration Inc. ("Contact" or the "Company") (TSX VENTURE:CEX) is pleased to announce that the seventh Contact-operated horizontal Montney well at 02/14-30-63-5 W6 (the "02/14-30 Well") (Contact 25% working interest) drilled in the Upper Montney D4 interval has been successfully completed and tested. The well was drilled to a total measured depth of 4,563 metres, with a horizontal leg of 1,068 metres, approximately 200-500 metres shorter [Read more]
Canadian Natural Resources Limited Announces Normal Course Issuer Bid
CALGARY, ALBERTA--(Marketwired - April 7, 2014) - Canadian Natural Resources Limited (TSX:CNQ) (NYSE:CNQ) ("Canadian Natural") announced today that Toronto Stock Exchange has accepted notice filed by Canadian Natural of its intention to make a Normal Course Issuer Bid through the facilities of Toronto Stock Exchange. Purchases may also be made through the facilities of the New York Stock Exchange. The notice provides that Canadian Natural may, during the 12 month period commencing April 9, [Read more]
Questerre Energy Corporation: Upper Montney Tests at 1,076 boe/d Gross with 227 bbls/MMcf of Condensate
CALGARY, ALBERTA--(Marketwired - April 7, 2014) - Questerre Energy Corporation ("Questerre" or the "Company") (TSX:QEC)(OSLO:QEC) is pleased to report on the test results from its seventh horizontal well at 02/14-30-63-5W6M (the "02/14-30 Well") in the Kakwa-Resthaven area of west central Alberta. The 02/14-30 Well is the first well on the joint venture acreage that has been completed in the D4 unit, an upper interval of the Montney formation. The 02/14-30 Well was drilled to a total [Read more]