CALGARY, ALBERTA--(Marketwired - Oct. 12, 2016) - Marksmen Energy Inc. (TSX VENTURE:MAH)(OTCQB:MKSEF) ("Marksmen" or the "Company") is pleased to announce that its wholly owned subsidiary, Marksmen Energy USA, Inc., as operator, and its joint operating partner Houghton Investments LLC., hereby release third quarter production results for its Davis-Holbrook #1 well, in Pickaway County, Ohio. Marksmen owns a 75% working interest in the well. Oil production from this well began on July 15, 2016 [Read more]
Headlines
Twin Butte Energy Ltd. Sales and Investment Solicitation Process
CALGARY, Oct. 12, 2016 /CNW/ - On September 1, 2016, the Alberta Court of Queen's Bench (the "Court") granted an order appointing FTI Consulting Canada Inc. as Receiver and Manager (the "Receiver") of Twin Butte Energy Ltd. ("Twin Butte"), an intermediate oil and natural gas producer in Canada. In addition, on October 11, 2016, the Court approved a process permitting the Receiver to proceed with a sale and investment solicitation process for Twin Butte, and the appointment of Peters & Co. [Read more]
Trans Mountain pipeline builder says approval could create target for attackers
CALGARY - Kinder Morgan Canada is anticipating more attacks by activists if its Trans Mountain pipeline expansion from Edmonton to the West Coast is approved, president Ian Anderson says. Approval could paint a target on the project, resulting in more incidents like attempts Tuesday by protesters to shut down pipelines in four U.S. states, Anderson told reporters after speaking at an energy conference. "(There) will be localized impacts, there will be regionalized impacts and [Read more]
Wall says Clinton’s climate plan a better approach, Trudeau should take note
REGINA - Saskatchewan Premier Brad Wall says Prime Minister Justin Trudeau should look south of the border before implementing a carbon tax in Canada. Wall said the climate change plan released this week by U.S. presidential candidate Hillary Clinton supports investments in energy efficiency, cleaner fuels and carbon capture, but does not include a carbon tax. "When I take a look at Hillary Clinton's climate change plan, I wish Justin Trudeau was a little more like Hillary [Read more]
Rolling Hills Energy Ltd.: Queenstown, Alberta Property Divestiture
Sayer Energy Advisors has been engaged to assist Rolling Hills Energy Ltd. (“Rolling Hills” or the “Company”) with the sale of its oil and natural gas property located in theQueenstown area of Alberta (the “Property”). At Queenstown, Rolling Hills holds an interest in a total of 47.5 sections of land. The Company holds a 100% working interest in seven wells and a royalty interest in an additional three wells. Rolling Hills operates two natural gas wells and three oil wells, all producing [Read more]
Cequence Energy Increases Size of Private Placement of Flow Through Shares
CALGARY, ALBERTA--(Marketwired - Oct. 12, 2016) - Cequence Energy Ltd. ("Cequence") (TSX:CQE) is pleased to announce that, in connection with its previously announced private placement financing, Cequence and the syndicate of agents led by Peters & Co. Limited have agreed to increase the size of the "commercially reasonable efforts" agency private placement financing. Cequence will now issue up to 34,500,000 common shares on a "flow through" basis pursuant to the Income Tax Act (Canada) at a [Read more]
Seven Generations’ Change of Control Offer for 6.875% Senior Notes Due 2023 Expires Without Any Noteholders Tendering to the Offer
CALGARY, ALBERTA--(Marketwired - Oct. 12, 2016) - The change of control offer made by Seven Generations Energy Ltd. ("Seven Generations" or "7G") (TSX:VII) to purchase any and all of the 6.875% Senior Notes due 2023 (CUSIP Nos. 699320AH0/C71947AA0) (the "Notes"), originally issued by Paramount Resources Ltd. ("Paramount"), expired at midnight Eastern Time on October 9, 2016. None of the Notes were tendered and 7G did not extend the offer. The Notes were originally issued by Paramount pursuant [Read more]
Questerre Energy reports Quebec Government approves new hydrocarbon legislation in principle
CALGARY, Oct. 12, 2016 /CNW/ - Questerre Energy Corporation ("Questerre" or the "Company") (TSX,OSE:QEC) reported today that the National Assembly in Quebec has approved in principle Bill 106, An Act to implement the 2030 Energy Policy and amend various legislative provisions. These amendments include the enactment of the Petroleum Resources Act that will govern the development of petroleum resources in Quebec. Michael Binnion, President and Chief Executive Officer of Questerre, commented, [Read more]
Marquee Energy Ltd. Provides Update Regarding Transaction With Alberta Oilsands and Appeal of Court Decision
CALGARY, AB--(Marketwired - October 11, 2016) - Marquee Energy Ltd. ("Marquee" or the "Company") (TSX VENTURE: MQL) provides the following update regarding the proposed acquisition of Marquee by Alberta Oilsands Inc. ("AOS") through a plan of arrangement involving Marquee, its shareholders and AOS, and the related appeal (the "Appeal") by Marquee of the order (the "Order") of the Court of Queen's Bench of Alberta (the "Court") as previously disclosed in Marquee's news release of September 21, [Read more]
NuVista Energy Ltd. Provides 5-Year Plan to 60,000+ Boe/d, Announces New Gas Plant Agreement, Accelerated Growth, and $90 Million Bought Deal Equity Financing
CALGARY, ALBERTA--(Marketwired - Oct. 11, 2016) - NuVista Energy Ltd. ("NuVista" or the "Company") (TSX:NVA) is pleased to announce the strategic acceleration of our 2017 and 5 year growth plan, a Wapiti area processing agreement for additional capacity commencing in 2019, and $90.0 million bought deal equity financing. Well results in the Gold Creek and Pipestone areas of Wapiti have continued to mature to the point that we now have the confidence to declare both areas as development blocks. [Read more]