CALGARY, Dec. 3, 2013 /CNW/ - Black Swan Energy Ltd. today announced that it has completed a $150 million increase in the equity capital commitments from its existing shareholders which include Warburg Pincus, Canada Pension Plan Investment Board and KERN Partners. This brings the total capital commitment from its shareholders to $501 million, with the new capital being used to fully fund the appraisal and early development of its current properties. Black Swan is focused on its growing base of [Read more]
News
Surge Energy Inc. closes previously announced core area crude oil acquisition, conversion of subscription receipts, upwardly revised guidance and increased dividend
CALGARY, Dec. 3, 2013 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) is pleased to announce that it has now closed the previously announced acquisition (the "Acquisition") of a high quality, low decline, operated, crude oil producing asset strategically located near Wainwright in the Company's core area of Central Alberta (the "Assets"). The Assets include over 980 barrels per day of primarily medium gravity crude oil production (with a historical nine percent annual decline), [Read more]
Donnycreek Increases Private Placement to Approximately $8 Million of Flow-Through Shares
CALGARY, ALBERTA--(Marketwired - Dec. 3, 2013) - Donnycreek Energy Inc. ("Donnycreek" or the "Company") (TSX VENTURE:DCK) reports that due to strong demand, the Company and RBC Capital Markets have increased the size of the recently announced private placement offering from $6,000,000 to $8,040,000 of common shares of the Company to be issued on a "flow-through" basis (the "Flow-Through Shares") at a price of $2.40 per Flow-Through Share (the "Offering"). The gross proceeds of the Flow-Through [Read more]
Kelt Exploration Ltd. closes equity financings for $101.06 million
CALGARY, Dec. 3, 2013 /CNW/ - ("KEL" - TSX) - Kelt Exploration Ltd. ("Kelt" or the "Company") is pleased to announce that it has completed a bought deal private placement offering (the "Brokered Offering") with a syndicate of underwriters led by Peters & Co. Limited and including CIBC World Markets Inc., FirstEnergy Capital Corp., RBC Capital Markets, National Bank Financial Inc., Scotia Capital Inc., AltaCorp Capital Inc., Cormark Securities Inc., GMP Securities Inc., Dundee Capital Markets [Read more]
NuVista Energy Ltd. Announces Closing of Equity Financing
CALGARY, ALBERTA--(Marketwired - Dec. 3, 2013) - NuVista Energy Ltd. ("NuVista") (TSX:NVA) is pleased to announce that it has closed its previously announced public offering of 11,000,000 common shares through a syndicate of underwriters co-led by Peters & Co. Limited and RBC Capital Markets and including CIBC World Markets Inc., FirstEnergy Capital Corp., Scotia Capital Inc., BMO Capital Markets, TD Securities Inc., and National Bank Financial Inc. at a price of $7.10 per common share for [Read more]
Questerre Announces Flow-Through Equity Offering
CALGARY, ALBERTA--(Marketwired - Dec. 3, 2013) - Questerre Energy Corporation ("Questerre" or the "Company") (TSX:QEC)(OSLO:QEC) is pleased to announce that it has entered into an agreement with a syndicate of underwriters to purchase, on a guaranteed agency basis, 5.1 million Common Shares, to be issued on a flow-through basis (the "CEE Flow-Through Shares"), at $1.55 per CEE Flow-Through Share for aggregate gross proceeds of $7.905 million. The syndicate of [Read more]
Sunshine Oilsands Ltd. Announces Private Placement Financing of HK $336 Million of Common Shares and Warrants Under the General Mandate
CALGARY, Alberta and HONG KONG, Dec. 3, 2013 /CNW/ - Sunshine Oilsands Ltd. ("Sunshine" or the "Corporation") (HKEX: 2012, TSX: SUO) is pleased to announce that it has received and accepted irrevocable subscription agreements (the "Subscription Agreements ") for 197,976,471 units of the Corporation ("Units") at a price of HK $1.70 per Unit (the "Subscription Price") (approximately CDN $0.23 per Unit at current exchange rates) for total gross proceeds of HK $336,560,000 (approximately CDN $46.1 [Read more]
Nova Scotia to ban import of fracking waste
HALIFAX - Nova Scotia won't be accepting waste water from hydraulic fracturing done outside the province under legislation introduced Monday.Environment Minister Randy Delorey said the proposed ban is appropriate given there is a moratorium on fracking in Nova Scotia while an independent review of the process is underway.The review is being led by Cape Breton University president David Wheeler and findings are expected to be released in the spring.Delorey said the legislation shouldn't have to [Read more]
Rock Energy Inc. Announces Appointment of Board Director
CALGARY, ALBERTA--(Marketwired - Dec. 2, 2013) - Rock Energy Inc. (TSX:RE) ("Rock") is pleased to announce that effective December 2, 2013, Mr. Richard J. S. Wigington has been appointed to the Board of Directors of Rock Energy. Richard (Dick) is a Professional Geologist with 36 years' experience in the oil and gas industry. He is a member of the Institute of Corporate Directors, and is currently enrolled in their Director's Education Program. Dick has a Bachelor of Science, Geology [Read more]
Enerplus Increases 2013 Production Estimate and Forecasts 10% Production Growth in 2014
This news release includes forward-looking statements and information within the meaning of applicable securities laws. Readers are advised to review the "Cautionary Note Regarding Forward-Looking Information and Statements" at the conclusion of this news release. For information regarding the presentation of certain information in this news release, see "Currency, BOE and Operational Information" at the conclusion of this news release. CALGARY, Dec. 2, 2013 /CNW/ - Enerplus Corporation [Read more]