VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 19, 2013) - Hemisphere Energy Corporation (TSX VENTURE:HME) ("Hemisphere") is pleased to announce its financial and operating results for the three and nine months ended September 30, 2013. Q3 2013 Highlights Achieved highest quarterly production rate of 461 boe/d with an 82% oil and NGL weighting. Generated record revenue of $3.2 million which represents a 56% increase over the comparable quarter of 2012 and [Read more]
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Yoho Resources Inc. Announces Corporate Reserves as at September 30, 2013
CALGARY, ALBERTA--(Marketwired - Nov. 19, 2013) - Yoho Resources Inc. ("Yoho" or the "Company") (TSX VENTURE:YO) is pleased to announce the results of its independent reserve evaluation for the year ended September 30, 2013 as prepared by GLJ Petroleum Consultants Ltd. ("GLJ"). The Company's annual audit of its financial statements is not yet complete and accordingly all financial amounts referred to in this press release are estimates and are subject to revision. Complete reserves disclosure [Read more]
Storm Resources Ltd. Announces Closing of $30.1 Million Bought Deal Financing and $3.7 Million Non-Brokered Financing
CALGARY, ALBERTA--(Marketwired - Nov. 19, 2013) - STORM RESOURCES LTD. ("Storm") (TSX VENTURE:SRX) is pleased to announce that it has completed its previously announced bought deal financing for aggregate gross proceeds of $30,150,000 (the "Bought Deal Financing"). Pursuant to the Bought Deal Financing, Storm, through a syndicate of underwriters led by FirstEnergy Capital Corp. and including Peters & Co. Limited, National Bank Financial Inc., Clarus Securities Inc., RBC [Read more]
Questerre Updates Results From Second Pasquia Hills Core Program
CALGARY, ALBERTA--(Marketwired - Nov. 19, 2013) - NOT FOR DISTRIBUTION ON U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Questerre Energy Corporation">Questerre Energy Corporation ("Questerre" or the "Company") (TSX:QEC)(OSLO:QEC) reported today on the results of its second core hole program for its oil shale acreage at Pasquia Hills, Saskatchewan. Michael Binnion, President and Chief Executive Officer, commented, "These results are better than we [Read more]
SilverWillow Energy Corporation announces results for the quarter ended September 30, 2013 and preliminary costs estimates for the proposed Audet SAGD project
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TSXV Trading Symbol: SWE CALGARY, Nov. 18, 2013 /CNW/ - SilverWillow Energy Corporation ("SilverWillow" or the "Corporation") (TSXV: SWE) has filed its third quarter financial statements and management's discussion and analysis ("MD&A") for the quarter ended September 30, 2013. During the third quarter, SilverWillow's engineering consultants completed the preliminary engineering and cost estimate for Phase [Read more]
Taqa North staff cuts total 162
According to a recent TAQA press release, the Abu Dhabi-based oil and gas giant announced it had cut 162 staff from Canada. Read the release below courtesy TAQA: During the [past] nine months, TAQA undertook a significant structural reorganization aimed at maximizing efficiencies and positioning the business to become a leading intermediate energy company in North America. As part of this process, overall staff count was reduced by 162, whilst delivering the same activity through a simpler [Read more]
BUILD THE DAMN THING! Bush urges Obama to approve Keystone
Speaking at a shale gas industry luncheon at Pittsburgh’s DUG East conference, former president George W. Bush had some frank words for current president Obama on the merits of approving Keystone XL. “I think the goal of the country ought to be ‘how do we grow the private sector?’” Bush said during his speech. “That ought to be the laser-focus of any administration. And therefore, once that’s the goal, an issue like Keystone pipeline becomes a no-brainer.” “If private sector growth is the [Read more]
RedWater Provides Increased Production and Operational Update
OKOTOKS, ALBERTA--(Marketwired - Nov. 18, 2013) - RedWater Energy Corp. ("RedWater" or the "Company") (TSX VENTURE:RED) is pleased to announce production for the quarter ending September 30, 2013. The Company increased average daily production to 260 barrels of oil equivalent (boe) per day in the third quarter of 2013, an increase of 94% per cent (135 boepd) over the third quarter of 2012 and an increase of 26 per cent over daily production (208 boepd) in the second quarter of 2013. [Read more]
DeeThree Exploration Announces $35 Million Bought Deal
CALGARY, ALBERTA--(Marketwired - Nov. 18, 2013) - DEETHREE EXPLORATION LTD. ("DeeThree" or the "Company") (TSX:DTX)(OTCQX:DTHRF) is pleased to announce that it has entered into an agreement, on a bought deal basis, with a syndicate of underwriters led by Raymond James Ltd. (book runner), Macquarie Capital Markets Canada and Cormark Securities Inc., to purchase 3,800,000 common shares of the Company (the "Common Shares") at a price of $9.25 per Common Share for aggregate gross proceeds of [Read more]
New Brunswick judge rejects application for injunction to stop shale gas testing
FREDERICTON - A judge in New Brunswick has dismissed an application from the Elsipogtog First Nation for an injunction to stop seismic testing for shale gas.Judge Judy Clendenning of the Court of Queen's Bench said she found no evidence of a degree of harm to Elsipogtog.In an affidavit, Elsipogtog Chief Aaron Sock said he was told that members of his community and other First Nations will respond if SWN Resources continues its exploration and the RCMP are present.But Richard Williams, [Read more]