CALGARY, ALBERTA--(Marketwired - March 25, 2014) - Manitok Energy Inc. (the "Corporation" or "Manitok") (TSX VENTURE:MEI) Manitok is pleased to announce the appointment of Tim Jerhoff as the Corporation's new Vice President Production and Engineering. Mr. Jerhoff is a professional engineer with over 25 years of experience in the Canadian oil and gas industry. Mr. Jerhoff began his career with Petro-Canada in 1988 and he eventually became Team Lead, northeast BC natural gas and was responsible [Read more]
News
Crocotta Energy Announces Strong Reserve Growth
CALGARY, ALBERTA--(Marketwired - March 25, 2014) - Crocotta Energy Inc. ("Crocotta") (TSX:CTA) is pleased to announce its 2013 year-end reserves as independently evaluated by GLJ Petroleum Consultants Ltd., in accordance with National Instrument 51-101 ("NI 51-101"). 2013 Highlights Increased proved plus probable reserves by 21% to 46.3 million barrels of oil equivalent ("boe") Increased proved reserves by 29% to 28.6 million boe Increased reserves per share by 12% Reserve [Read more]
Crocotta Energy Announces Year End 2013 Financial and Operating Results
CALGARY, ALBERTA--(Marketwired - March 25, 2014) - CROCOTTA ENERGY INC. (TSX:CTA) is pleased to announce its financial and operating results for the year ended December 31, 2013, including consolidated financial statements, notes to the consolidated financial statements, and Management's Discussion and Analysis. All dollar figures are Canadian dollars unless otherwise noted. HIGHLIGHTS Increased average production 26% to 8,724 boepd in 2013 from 6,911 boepd in 2012 Increased netbacks to [Read more]
Enerplus Announces Cash Dividend for April 2014 and Elimination of Discount on Stock Dividend Program
CALGARY, March 25, 2014 /CNW/ - Enerplus Corporation ("Enerplus") (TSX: ERF) (NYSE: ERF) announces that a cash dividend in the amount of CDN$0.09 per share will be payable on April 21, 2014 to all shareholders of record at the close of business on April 4, 2014. The ex-dividend date for this payment is April 2, 2014. The CDN$0.09 per share dividend is equivalent to approximately US$0.08 per share if converted using the current Canadian/US dollar exchange rate of 0.8915. The U.S. dollar [Read more]
Quattro Closes Acquisition at Milo-Clarke Lake, North East British Columbia, Completes Divestiture of Non-Core Assets at Noel, British Columbia, and Signs a Binding Letter of Intent for the …
CALGARY, ALBERTA--(Marketwired - March 25, 2014) - Quattro Exploration and Production Ltd. (TSX VENTURE:QXP) ("Quattro" or the "Company") is pleased to announce; Milo-Clarke Lake, British Columbia On March 24th, 2014, Quattro closed the acquisition of 100% of Progress Energy Canada, Japex Montney Ltd. and Petroleum Brunei Montney Holdings Ltd's interests, including all wells, facilities and lands as outlined in the agreement as the Milo-Clarke Lake Region of British Columbia. The effective [Read more]
High North Resources Ltd. announces reduction in gross Overriding Royalty
CALGARY, March 24, 2014 /CNW/ - High North Resources Ltd. (TSXV: HN) (the "Company" or "High North") is pleased to announce that it has entered into an amending agreement on March 21, 2014 (the "Agreement") with Gamma Ventures Inc., Tiger Moth Energy Inc., Triple Pacer Resources Ltd. and McCowan Exploration Management Ltd. (the "Farmors"). The Agreement reduces the rate of the overriding royalty (the "Overriding Royalty") payable under three farmout agreements between the Company and the Farmors [Read more]
LGX Oil + Gas Inc. announces year-end results, 2014 Guidance/Alberta Bakken drilling plans and files annual information form
CALGARY, March 24, 2014 /CNW/ - LGX Oil + Gas Inc. ("LGX" or the "Company") (TSXV:OIL) is pleased to announce it has filed on SEDAR its audited financial statements and related Management's Discussion and Analysis ("MD&A") for the year ended December 31, 2013 as well as its annual information form ("AIF") for the year ended December 31, 2013. Selected financial and operational information is outlined below and should be read in conjunction with LGX's audited financial statements, the [Read more]
Strategic Oil & Gas Ltd. Announces First Closing of Private Placements
CALGARY, ALBERTA--(Marketwired - March 24, 2014) - Strategic Oil & Gas Ltd. ("Strategic" or the "Company") (TSX VENTURE:SOG) announces that the Company has completed the first closing of its previously announced Private Placements. Pursuant to the Private Placements, the Company has issued 82,582,800 common shares (the "Common Shares") at a price of $0.50 per Common Share, for aggregate gross proceeds of $41,291,400. The securities issued pursuant to this portion of the private placement are [Read more]
National Energy Board releases new Safety and Environmental Performance Dashboard
CALGARY, March 24, 2014 /CNW/ - The National Energy Board (NEB or the Board) today released a new online Safety and Environmental Performance Dashboard. The Dashboard presents key safety and environmental protection data collected by the NEB as a part of its work to hold companies accountable for positive outcomes in these areas. "People are interested in information about how regulated pipeline companies perform on safety and environmental protection," said NEB Chair and CEO Gaétan Caron. [Read more]
Little evidence of high cancer rates in oilsands community: government study
EDMONTON - An Alberta government study hasn't found any overall evidence of high cancer rates in Fort Chipewyan downstream from the oilsands. The study has found high levels of two forms of the disease in the community. Fort Chip has worried for years about whether living downstream from oilsands developments is affecting the health of residents. A previous Alberta Cancer Board study found higher-than-normal rates of several rare cancers. Those included bile duct cancer — a finding [Read more]