CALGARY, ALBERTA--(Marketwired - March 27, 2014) - Terra Energy Corp. ("Terra" or the "Company") (TSX:TT) is pleased to announce the results of its year-end reserves evaluation, as prepared by GLJ Petroleum Consultants Ltd. ("GLJ") as at December 31, 2013 (the "GLJ Report"). This evaluation was performed in accordance with the requirements of National Instrument 51-101, Standards of Disclosure for Oil and Gas Activities ("NI 51-101"). In addition, the Company would like to announce the results [Read more]
News
Crude above $101 a barrel on higher than expected US GDP; supply worries
The price of oil advanced past US$101 a barrel Thursday following an upward revision to U.S. growth figures and ongoing concerns about tight supplies.Benchmark West Texas Intermediate crude for May delivery rose $1.02 to close at US$101.28 on the New York Mercantile Exchange. That is the highest closing price in three weeks. On Wednesday, oil jumped $1.07 to close at US$100.26.Brent crude, a contract for international varieties of oil, gained 80 cents to US$107.83 on the ICE Futures exchange in [Read more]
Sonde Resources Corp. Announces Board of Directors Changes
CALGARY, ALBERTA--(Marketwired - March 27, 2014) - Sonde Resources Corp. ("Sonde" or the "Company") (TSX VENTURE:SOQ)(NYSE MKT:SOQ) announced changes to its Board of Directors today. Toufic Nassif, Mike Adams and James A. Edmiston have been appointed to the Board, effective March 27, 2014 and will stand for election at the Annual and Special Meeting of Shareholders on June 19, 2014. With the recent changes in Sonde's strategic direction, Dr. James Funk, Jim Riddell and Greg Turnbull have [Read more]
Sonde Resources Corp. Provides 2013 Financial and Operating Results and Announces Revitalized Joint Oil Block Marketing Campaign
CALGARY, ALBERTA--(Marketwired - March 27, 2014) - Sonde Resources Corp. ("Sonde" or the "Company") (TSX VENTURE:SOQ)(NYSE MKT:SOQ) announced today the release of its financial and operating results for the year ended December 31, 2013. The Company's Annual Information Form, Management's Discussion and Analysis and Financial Statements for the year ended December 31, 2013 can be viewed on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com, and on the Securities [Read more]
Border Announces Conclusion of Strategic Process, Termination of Special Committee, Advisor Engagements and COO Contract
CALGARY, ALBERTA--(Marketwired - March 27, 2014) - Border Petroleum Limited ("Border" or the "Corporation") (TSX VENTURE:BOR)announces the conclusion of the formal strategic alternatives process announced in April 2013, the termination of the special committee, and the termination of the advisors on mutually agreeable terms. The strategic review process was to identify, examine and consider a range of strategic alternatives available to the Corporation, with a view to maximizing shareholder [Read more]
Arsenal Energy Inc. Announces Normal Course Issuer Bid and Share Dividend Plan
CALGARY, ALBERTA--(Marketwired - March 27, 2014) - Arsenal Energy Inc. (TSX:AEI) (PINKSHEETS:AEYIF) announces that it has made the necessary filings, and received the necessary approvals, to make a normal course issuer bid through the facilities of the Toronto Stock Exchange and the Alpha Alternative Trading System commencing April 1, 2014 and ending March 31, 2015, or on such earlier date as Arsenal may complete its purchases under the bid. A total of 804,506 common shares may be acquired [Read more]
Getting oil, gas to markets vital: Baird
OTTAWA - Foreign Affairs Minister John Baird says the crisis in Ukraine makes getting Canada's oil and gas to international markets that much more important. And he says that highlights the need to quickly complete a pipeline to transport energy products to the Atlantic from the west. European countries that depend on Russia for energy are scrambling to find new sources the wake of the crisis in Ukraine. But German Chancellor Angela Merkel points out that, while Germany is interested in [Read more]
Canadian International Oil Corp. Announces Completed Private Placement, Partnership With Riverstone Holdings
CALGARY, Alberta, March 27, 2014 /CNW/ - Canadian International Oil Corp. ("CIOC") announced today an equity commitment of C$200 million from energy private equity firm Riverstone Holdings LLC ("Riverstone"). The Riverstone commitment comprises C$133 million from Riverstone Global Energy and Power Fund V ("Fund V") and C$67 million from Riverstone Energy Limited ("REL"). This investment will be used to fund CIOC's development program in the Western Canadian Deep Basin. Since its founding in [Read more]
Sunshine Oilsands Ltd. Announcement of results for the fourth quarter and the year ended December 31, 2013
HONG KONG, March 26, 2014 /CNW/ - Sunshine Oilsands Ltd. (the "Corporation" or "Sunshine") (HKEX: 2012; TSX: SUO) today announced its financial results for the fourth quarter and year ended December 31, 2013. 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 SEHK (www.hkexnews.hk) and are available on the Corporation's website [Read more]
Dejour Expands Operations in NE B.C. With Strategic Production and Facilities Acquisition
VANCOUVER, British Columbia--(BUSINESS WIRE)--Dejour Energy Inc.: (NYSE MKT:DEJ / TSX:DEJ), an independent oil and gas natural gas exploration and production company operating in North America’s Piceance Basin and Peace River Arch regions, announced today it has closed the purchase of certain natural gas producing assets and related processing facilities adjacent to its Woodrush oilfield 120 km. north of Ft. St. John, B.C. The assets acquired include a 54% working interest in a Halfway [Read more]