CALGARY, ALBERTA--(Marketwired - Dec. 20, 2013) - Donnycreek Energy Inc. ("Donnycreek" or the "Company") (TSX-V: DCK) reports that it has filed its condensed interim financial statements and related Management's Discussion and Analysis ("MD&A") for the three months ended October 31, 2013 with 2012 comparatives on SEDAR. Selected financial and operational information is outlined below and should be read in conjunction with Donnycreek's condensed interim financial statements for the three [Read more]
News
Sonde Resources Corp. Announces Agreement with Joint Oil to Extend the Drilling of First Exploration Well (Fisal-1) to November 2014
CALGARY, ALBERTA--(Marketwired - Dec. 20, 2013) - Sonde Resources Corp. (TSX:SOQ)(NYSE MKT:SOQ) ("Sonde") announced today that it has reached an agreement with Joint Oil to extend the drilling of the first exploration well, Fisal-1, required under the Exploration and Production Agreement as amended (the "EPSA"), from December 2013 to November 2014 (the "Agreement"). The Agreement requires Sonde to deliver to Joint Oil a Confirmed Standby Letter of Credit ("Letter of Credit") in the amount of [Read more]
Pipeline opponents promise pipeline war
VANCOUVER - Opponents of Northern Gateway said Friday that the war against the pipeline will now be waged against the federal government, which will decide the project's fate after a federal review panel recommended approval. A coalition of environmental groups gathered in Vancouver the day after the National Energy Board released its report and recommendations, to say that Calgary-based Enbridge (TSX:ENB) may have had the support of the panel, but not the public. Gerald Amos, chairman of [Read more]
Kinder Morgan and Imperial Oil to Build Edmonton Crude Oil Rail Terminal
CALGARY--(BUSINESS WIRE)--Kinder Morgan Energy Partners L.P. (NYSE: KMP) and Imperial Oil (IMO) today announced a 50-50 joint venture to build a crude oil rail-loading facility in Strathcona County, Alberta, called the Edmonton Rail Terminal. The facility will be built on heavy industrial-zoned land approximately one-half kilometer southwest of Kinder Morgan’s Edmonton storage terminal, on land adjacent to Imperial’s Strathcona Refinery. The Edmonton Rail Terminal is currently being designed [Read more]
DeeThree Exploration Announces Closing of Private Placement
CALGARY, ALBERTA--(Marketwired - Dec. 20, 2013) - DeeThree Exploration Ltd. ("DeeThree" or the Company") (TSX:DTX) is pleased to announce that it has completed a non-brokered private placement of 465,900 common shares issued on a "flow-through" basis as defined in the Income Tax Act (Canada) at a price of $10.75 per common share for aggregate gross proceeds of $5,008,425. The gross proceeds will be used by the Company to incur eligible Canadian exploration expenses on its [Read more]
Canada Energy Partners Inc. Announces Board Change
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 20, 2013) - Canada Energy Partners Inc. ("Canada Energy" or the "Company") (TSX VENTURE:CE) announces that Nick Orlando has resigned as a Director of the Company due to personal reasons. The Company would like to thank Nick for his valuable contribution to the board and wish him well in his future endeavors. The Company is an oil and gas exploration firm with a concentrated land position on two natural gas resource plays in British [Read more]
Kelt Completes Pouce Coupe/Spirit River Acquisition
CALGARY, ALBERTA--(Marketwired - Dec. 20, 2013) - Kelt Exploration Ltd. ("Kelt" or the "Company") (TSX:KEL) has completed the previously announced acquisition of certain crude oil and natural gas assets located at Pouce Coupe/Spirit River (the "Acquisition"), in close proximity to the Company's core producing areas at Grande Cache and Karr in west central Alberta. The Acquisition has an effective date of October 1, 2013. The consideration paid by Kelt was $191,960,000, before closing [Read more]
Penn West Announces the Closing of $486 million of Non-Core Asset Divestitures
CALGARY, Dec. 20, 2013 /CNW/ - PENN WEST PETROLEUM LTD. (TSX - PWT) (NYSE - PWE) ("Penn West", "our" or the "Company") is pleased to announce that it has successfully completed its previously announced asset divestitures. On November 6, 2013, Penn West announced its intention to divest approximately $485 million of non-core assets producing approximately 12,500 boe per day as "phase one" of its divestment strategy related to the Company's long-term plan. Today, the Company announces it has [Read more]
Blackbird Energy Provides Operations Update
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 20, 2013) - (TSX VENTURE:BBI) Blackbird Energy Inc. ("Blackbird" or the "Company") is pleased to provide an update on its continued operations. At the recently drilled A15-6-26-24W3 ("A15-6") well on its Mantario project, Blackbird encountered a 20 meter pay section in the Success formation containing oil bearing sands. The well is now tied in and producing approximately 25 bbls/d of heavy oil with minimal water cut. The well has a high [Read more]
Waldron Energy Corporation Announces Agreement to Extend Outside Date for Arrangement and Equity Financing
CALGARY, ALBERTA--(Marketwired - Dec. 20, 2013) - Waldron Energy Corporation (TSX:WDN) ("Waldron" or the "Corporation") announces that the outside date for the closing of the previously announced arrangement between Waldron, its security holders and Montana Exploration Corp. (the "Arrangement") has been extended to January 31, 2014, subject to closing of the private placement described below. Throughout this extension period, Waldron will be bound by the non-solicitation provisions of the [Read more]