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Producing property with upside potential August 14, 2026 2:00 AM EDT | Source: Arrow Exploration Corp. Calgary, Alberta--(Newsfile Corp. - August 14, 2026) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL) ("Arrow" or the "Company"), the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, is pleased to announce a property acquisition in Alberta, Canada.   Highlights Acquisition of 100% working interest in 550 boepd oil producing property in [Read more]

Oil prices inched up on Friday after the United States threatened an indefinite naval blockade of Iran, reviving concerns about supply of crude after the previous session's fall on a weaker outlook for demand and a large build in U.S. stocks. Brent futures rose 1 cent, or 0.1%, to $87.08 a barrel by 0247 GMT, while U.S. West Texas Intermediate (WTI) crude futures rose 6 cents to $81.31 a barrel. The benchmarks were on track for weekly rises of about 4% after the prior session's fall of [Read more]

CALGARY, AB, Aug. 13, 2026 /CNW/ -- Ensign Energy Services Inc. ("Ensign") is pleased to announce that it has completed the acquisition of all of the issued and outstanding shares of Citadel Drilling Ltd. for consideration of US$65 million (subject to adjustments). All closing conditions were satisfied. Ensign funded the purchase price with cash on hand and available Credit Facilities. Robert Geddes, Ensign's President and Chief Operating Officer, commented on the acquisition: "We are [Read more]

The U.S. military has enough assets to maintain a naval blockade of Iran indefinitely, Defense Secretary Pete Hegseth said on Thursday, adding ships could be rotated in and out of the region as needed. Hegseth's comments suggest he is advising U.S. President Donald Trump that the U.S. military can keep applying economic pressure on Iran for as long as needed to help so-far failed negotiations to end the conflict, begun in February. "Indefinitely the United States Navy can maintain a [Read more]