VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 18, 2013) - Hemisphere Energy Corporation (TSX VENTURE:HME) ("Hemisphere") is pleased to announce that it has closed the previously announced $3.35 million acquisition of oil and gas assets in the Atlee Buffalo area of southeast Alberta from an intermediate Canadian producer effective June 1, 2013 (the "Atlee Buffalo Acquisition"). The Atlee Buffalo Acquisition provides Hemisphere with an opportunity to apply its technical experience and [Read more]
News
Edge Resources Inc. Announces Record Quarterly and Half Year Results
CALGARY, ALBERTA--(Marketwired - Nov. 18, 2013) - Edge Resources Inc. (TSX VENTURE:EDE)(AIM:EDG) ("Edge" or the "Company") is pleased to report it has once again achieved record operating and financial results, with further improvement upon the record results announced for the quarter ended June 30, 2013 ("Q1 2013"). As expected, following the record results reported in Q1 2013, the Company, for the quarter ended September 30, 2013 ("Q2 2013"), showed record improvements in revenue, operating [Read more]
Edge Resources Inc. Closes $3.5 million Oversubscribed Financing with Key Capital Partners, Announces Commencement of Drilling Program and Appointment of Joint Broker
CALGARY, ALBERTA--(Marketwired - Nov. 18, 2013) - Edge Resources Inc. (TSX VENTURE:EDE)(AIM:EDG) ("Edge" or the "Company") is very pleased to announce that it has closed a financing that has raised CDN$3.5 million (the "Placing") through the issuance of 35,000,006 common shares (the "Placing Shares") with new and existing institutional investors at a price of 6p (CDN$0.10) per share for gross proceeds of £2.1 million. The oversubscribed Placing was completed at a 14% discount to [Read more]
Kelt Provides 2014 Guidance
CALGARY, ALBERTA--(Marketwired - Nov. 18, 2013) - (TSX:KEL) - Kelt Exploration Ltd. ("Kelt" or the "Company") is pleased to provide 2014 Guidance. On November 6, 2013, the Company announced that it had entered into an agreement with a Canadian oil and gas company to acquire certain crude oil and natural gas assets located at Pouce Coupe/Spirit River, Alberta for cash consideration of $192.0 million, before closing adjustments. The acquisition has an effective date of October 1, 2013 and closing [Read more]
Renegade Petroleum Ltd. Announces Third Quarter 2013 Results and Operational Update
CALGARY, ALBERTA--(Marketwired - Nov. 18, 2013) - Renegade Petroleum Ltd. ("Renegade" or the "Company") (TSX VENTURE:RPL), a light oil focused exploration and production company with assets located in Saskatchewan, Alberta, Manitoba and North Dakota, is pleased to announce it has filed its condensed interim consolidated financial statements ("Financial Statements") and related management's discussion and analysis ("MD&A") for the three and nine month periods ended September 30, 2013 on [Read more]
Strata Oil Provides Semi-Annual Update Re Bitumen Production
CALGARY, ALBERTA--(Marketwired - Nov. 18, 2013) - Strata Oil & Gas Inc. (OTCQB:SOIGF)(OTCBB:SOIGF) today released its semi-annual update on bitumen production in the Peace River and nearby Athabasca regions of Alberta. Recent activity in Alberta's Carbonate Triangle signals future expansion for oil companies in the region. Strata Oil's recent core analysis provided new findings to validate the positive economics of the Cadotte oil project. This in-depth [Read more]
Over 130 anti-pipeline, oilsands rallies take place across the country
Environmentalists are organizing rallies across the country to oppose the Alberta oilsands and the pipelines that carry the region's crude oil. The umbrella group Defend Our Climate says more than 130 communities have planned demonstrations on Saturday to send a clear message against oilsands expansion and accompanying pipeline projects. Dozens of protesters gathered in Toronto against the proposed reversal of the Enbridge Line 9 pipeline. Toronto retiree Bruna Nota called the [Read more]
Donnycreek Announces Year End Results & Provides Kakwa and Wapiti Field Operations Update
CALGARY, ALBERTA--(Marketwired - Nov. 15, 2013) - Donnycreek Energy Inc. ("Donnycreek" or the "Company") (TSX VENTURE:DCK) reports that it has filed on SEDAR its audited financial statements and related Management's Discussion and Analysis ("MD&A") for the year ended July 31, 2013 with 2012 comparatives. Selected financial and operational information is outlined below and should be read in conjunction with Donnycreek's audited financial statements and related MD&A which are available for [Read more]
Petrox Drills First Viking Core Hole Test Well
CALGARY, ALBERTA--(Marketwired - Nov. 15, 2013) - Petrox Resources Corp. (TSX VENTURE:PTC) ("Petrox" or the "Corporation") announces that it has drilled its first vertical Viking core hole test well at 02-01-44-16W4 on its 100 percent owned Strome property in east central Alberta. The Company is encouraged that certain portions of the Viking core contain reservoir quality oil-bearing sandstones. However, the current technical interpretation of this core does not support the drilling of the [Read more]
Novus Energy Inc. Shareholders Approve Proposed Acquisition
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S. CALGARY, Nov. 15, 2013 /CNW/ - Novus Energy Inc. ("Novus" or the "Company") (TSXV: NVS) is pleased to announce that its shareholders have approved the proposed acquisition of the Company by Yanchang Petroleum International Limited ("Yanchang Petroleum International") through its indirect, wholly-owned subsidiary, Yanchang International (Canada) Limited ("Yanchang Canada"), pursuant to a plan of arrangement under the [Read more]