CALGARY, ALBERTA--(Marketwired - Jan. 15, 2014) - Edge Resources Inc. ("Edge" or the "Company") (AIM:EDG)(TSX VENTURE:EDE) is pleased to announce that Brad Nichol, President and CEO of Edge, will present at the Proactive Investors One2One Forum in London, UK on Thursday January 16, 2014. Ahead of the investor forum, the Company is required to provide a brief update regarding preliminary results of the recent four well drilling program. As expected (see December 18, 2013 announcement), the first [Read more]
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High North Resources-Corporate Update Montney Oil Wells
CALGARY, ALBERTA--(Marketwired - Jan. 15, 2014) - High North Resources Ltd. (TSX VENTURE:HN) (the "Company" or "High North") is pleased to provide an update on the Company's operations. In the third and fourth quarters of 2013, the Company drilled three successful horizontal oil wells in the Girouxville field, targeting the Montney formation. Production equipment is currently being installed on the first two wells 16-2-76-21 W5M and 9-2-76-21 W5M. Extended production tests will be [Read more]
Artisan Energy Corporation: Results From Wilrich Test Exceed Expectations
CALGARY, ALBERTA--(Marketwired - Jan. 15, 2014) - Artisan Energy Corporation ("Artisan" or the "Corporation") (TSX VENTURE:AEC) announces the following updates to its farm-out of various exploration operations announced on December 30, 2013: Wilrich Sandstone Gas Test at Tomahawk Property, Central Alberta Artisan has completed a fracture stimulation and flow test of the Wilrich sandstone on its previously drilled vertical well at 1-20-52-7W5 (the "Wilrich Test") and results have exceeded [Read more]
DeeThree Exploration Provides Operations Update
CALGARY, ALBERTA--(Marketwired - Jan. 15, 2014) - DEETHREE EXPLORATION LTD. ("DeeThree" or the "Company") (TSX:DTX)(OTCQX:DTHRF) is pleased to announce that based on field estimates it met its targeted 2013 exit production rate of 10,000 boe/d in December 2013 having attained a maximum rate of 10,200 boe/d (81% oil and NGLs and 19% natural gas). DeeThree's current production rate is approximately 9,500 boe/d (76% oil and NGLs and 24% natural gas). The Company currently has three drilling rigs [Read more]
Renegade Issues Open Letter Urging Shareholders to Reject Attempted Board Takeover by FrontFour
CALGARY, ALBERTA--(Marketwired - Jan. 15, 2014) - Renegade Petroleum Ltd. (Renegade or the Company) (TSX VENTURE:RPL) today issued an open letter advising shareholders to reject an attempted takeover of the board of Renegade by FrontFour Capital Group LLC, a dissident group headed by Zachary George, a U.S.-based hedge fund manager. The full text of the letter is attached to this news release. (Full text of Thomas Budd's letter follows) January 15, 2014 Dear Renegade [Read more]
Donnycreek Announces Officer Appointments and Annual and Special Meeting Results
CALGARY, ALBERTA--(Marketwired - Jan. 14, 2014) - Donnycreek Energy Inc. ("Donnycreek" or the "Company") (TSX VENTURE:DCK) reports that Mr. John (Jack) Marsh, P.Eng., has been appointed Chief Operating Officer of the Company and Mr. Murray Scalf has been appointed Executive Vice President of the Company, effective January 14, 2014. At its annual and special meeting of shareholders of the Company ("Shareholders") held on January 14, 2014 (the "Meeting"), Shareholders approved all items of [Read more]
Oilsands could put TRILLIONS into economy: leader
EDMONTON - All of Canada should be working to develop Alberta oilsands because the trillions of dollars it can generate can go to help other areas of the country, says an economic leader. Brad Ferguson, president and CEO of the Edmonton Economic Development Corporation, says northern Alberta could contribute $2.1 trillion to the Canadian economy over the next twenty years, or $105 billion dollars a year. “It’s an enormous number," Ferguson said Tuesday at the group's annual [Read more]
Twin Butte Energy Ltd. Announces Promotion of Bruce Hall to President
CALGARY, Jan. 14, 2014 /CNW/ - Twin Butte Energy Ltd. (TSX: TBE) ("Twin Butte" or the "Company") is pleased to announce that Bruce Hall has been promoted to President and Chief Operating Officer ("COO") of Twin Butte from his current position as COO. Jim Saunders, as Chief Executive Officer, will continue to be fully involved on a daily basis, providing leadership and direction in the affairs of the Company. Mr. Hall joined Twin Butte as Vice President, Corporate Development in 2009 and has [Read more]
Encana CFO: Deep Panuke sale possible
CALGARY - Encana Corp.'s (TSX:ECA) may decide to get rid of its Deep Panuke offshore natural gas project in Nova Scotia, chief financial officer Sherri Brillon told an investor conference Tuesday. "It doesn't really fit our portfolio," Brillon told the BMO Capital Markets Unconventional Resource Conference in New York. Brillon says the project has been making good money during a particularly nasty winter that has seen demand for natural gas — a fuel used to heat homes — soar in North [Read more]
Delphi Reports Montney Exploration Success at South Bigstone
CALGARY, ALBERTA--(Marketwired - Jan. 14, 2014) - Delphi Energy Corp. (TSX:DEE) ("Delphi" or the "Company") provides the following operations update on its Montney capital program. South Bigstone Delphi is pleased to announce completion and clean-up test results on its initial exploration well at 11-17-59-22 W5M ("11-17") on the South Bigstone Montney farm-in lands, part of the Company's contiguous 122 section land position in the Bigstone area. The 11-17 Montney horizontal well is located [Read more]