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]
News
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]
SilverWillow Energy Corporation announces submission of regulatory application for Audet in Situ Oil Sands Project
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TSXV Trading Symbol: SWE CALGARY, Dec. 19, 2013 /CNW/ - SilverWillow Energy Corporation ("SilverWillow" or the "Corporation") (TSXV: SWE) has submitted an integrated application with the Alberta Energy Regulator and Alberta Environment and Sustainable Resource Development for approval of the Corporation's proposed 12,000 barrel per day Steam Assisted Gravity Drainage ("SAGD") project on its Audet oil sands [Read more]
A timeline of Northern Gateway milestones
A chronology of Northern Gateway milestones: May 27, 2010 — Enbridge files an application to the National Energy Board to build the Northern Gateway pipeline and tanker terminal. The plan first surfaced several years earlier but was shelved as other projects took priority. By 2008, Enbridge began pursuing the proposal in earnest and preparing for the application. Aug. 10, 2010 — A joint Canadian Environmental Assessment and National Energy Board review panel holds its first panel session [Read more]
Quotes of support for Northern Gateway pipeline
Here is a look at what some political, business and environmental groups had to say after a federal review panel recommended that the proposed Northern Gateway pipeline project go ahead, with conditions: "From the beginning of this project, Northern Gateway has worked with one goal in mind: to access new markets by building a safer, better pipeline." — Janet Holder, leader of the Northern Gateway Project ---"Now that we have received the report, we will thoroughly review it, consult with [Read more]
Lone Pine Resources Announces Non-Operated Asset Disposition and Undeveloped Land Continuation at Pointed Mountain in the Liard Basin
CALGARY, ALBERTA--(Marketwired - Dec. 19, 2013) - Lone Pine Resources Inc. ("Lone Pine" or the "Company") today announced the disposition of certain non-operated, minority working interest assets and an update regarding its undeveloped land continuation efforts at Pointed Mountain in the Liard Basin. Non-Operated Asset Disposition The Company's wholly-owned subsidiary, Lone Pine Resources Canada Ltd., has completed the disposition of certain non-operated, minority working [Read more]