CALGARY, ALBERTA--(Marketwired - April 1, 2014) - Shoreline Energy Corp. (TSX:SEQ) ("Shoreline" or the "Company") announces today that the merger transaction with Lilis Energy Inc. ("Lilis") has been terminated by both parties. Having received an amended offer with a substantial reduction in purchase price, the Shoreline Board of Directors, after consultation with the Special Committee of the Board and its financial advisors and in light of certain inquiries with respect to a potential sale [Read more]
News
Canada Energy Partners Grants Option to Sell Montney Lands and Increases/Extends Financing Agreement
VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 1, 2014) - Canada Energy Partners Inc. (TSX VENTURE:CE) (the "Company") is pleased to announce that it has granted a third party an option to purchase (the "Option") the Company's Montney Shale lands and wells for CDN$16,070,000 in cash. The Option is exercisable until June 30, 2014 and, in the event the third party exercises the Option, the subsequent sale will be subject to certain conditions including shareholder and regulatory approval, [Read more]
Spartan Energy Corp. Provides Corporate Pro Forma Reserves Summary and Renegade Petroleum Ltd. 2013 Year-End Financial and Reserves Information
CALGARY, ALBERTA--(Marketwired - April 1, 2014) - Spartan Energy Corp. ("Spartan" or the "Company") (TSX VENTURE:SPE) is pleased to provide a pro forma reserves summary as a result of the material increase in Spartan's reserves due to the completion of the acquisition of Renegade Petroleum Ltd. ("Renegade") on March 31, 2014. Spartan also reports the financial results and year-end reserves of Renegade for the year ended December 31, 2013, all as approved by the board of directors of Renegade on [Read more]
Shoreline Energy Corp. Announces Year Over Year Reserve Growth as Well as Financial and Operating Results for the Quarter and Year-Ended December 31, 2013
CALGARY, ALBERTA--(Marketwired - April 1, 2014) - Shoreline Energy Corp. (TSX:SEQ) ("Shoreline" or the "Corporation") is pleased to report its 2013 year end oil and gas reserves, as well as 2013 year-end financial and operating results. A complete copy of the Company's annual information form, financial statements, along with management's discussion and analysis may be obtained at www.sedar.com or on the Company's website at www.shorelineenergy.ca. Fourth Quarter 2013 Financial and Operating [Read more]
Yangarra Grants Stock Options
CALGARY, March 31, 2014 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX-V:YGR) announces stock option grant. Yangarra announces it has granted officers and directors options to purchase 1,420,000 common shares at an exercise price of $0.90 per share, pursuant to its stock option plan. All the options vest over three years and will expire on March 31, 2019. [Read more]
CNRL buys Apache Assets
CNRL has confirmed it is the purchaser of Apache's assets for $374 million. The move comes just after CNRL bought Devon Canada Corporation for $3.1 billion. Read the entire release from Apache's sale... [Read more]
Spartan Energy Corp. Announces Completion of Business Combination With Renegade Petroleum Ltd. and 2014 Capital Budget
CALGARY, ALBERTA--(Marketwired - March 31, 2014) - Spartan Energy Corp. ("Spartan" or the "Company") (TSX VENTURE:SPE) is pleased to announce it has completed the previously announced business combination with Renegade Petroleum Ltd. ("Renegade") whereby Spartan has acquired all of the issued and outstanding common shares (the "Renegade Shares") of Renegade by way of a plan of arrangement under the Business Corporations Act (Alberta) (the "Arrangement"). On March 31, 2014, the Arrangement was [Read more]
Waldron Energy Corporation Announces 2013 Year End Results, 2013 Year End Reserves, Operations Update and Adoption of Shareholders Rights Plan and Advance Notice By-Law
CALGARY, ALBERTA--(Marketwired - March 31, 2014) - 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, 2013. 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]
PanTerra Increases Reserves in 2013 & SEDAR Files F1 Report
TSX-V: PRC CALGARY, March 31, 2014 /CNW/ - PanTerra Resource Corp. ("PanTerra" or the "Company") is pleased to announce that its oil and gas evaluation by the Company's independent engineering firm, Trimble Engineering Associates Ltd for the year ended December 31, 2013, conducted pursuant to National Instrument 51-101 standards of disclosure for oil and gas activities and the Canadian Oil and Gas Evaluation Handbook (COGEH) reserve definitions has increased over last years' reported numbers. [Read more]
Surge and Longview Announce $429 Million Strategic Business Combination
Surge Announces Upward Revision to 2014 Guidance, and 11 Percent Increase in Dividend CALGARY, March 31, 2014 /CNW/ - Surge Energy Inc. (TSX: SGY) ("Surge" or the "Company") and Longview Oil Corp. (TSX: LNV) ("Longview") are pleased to announce today that they have entered into an arrangement agreement, pursuant to which Surge has agreed to acquire all of the issued and outstanding common shares of Longview by way of a plan of arrangement transaction. The proposed transaction results in the [Read more]