CALGARY, Alberta, April 24, 2017 (GLOBE NEWSWIRE) -- Delphi Energy Corp. (“Delphi” or the “Company”) is pleased to announce three new candidates to join Delphi’s Board of Directors (the “Board”). Glenn Hamilton, Peter T. Harrison and Ian Wild will be proposed for election at Delphi’s Annual General Meeting (“AGM”) on May 18th, 2017. All current Board members will be standing for re-election at the AGM. Adding these individuals will increase the Board to nine and fills the three vacancies on the [Read more]
Headlines
Zargon Oil & Gas Ltd. Announces Board of Directors Changes
CALGARY, ALBERTA--(Marketwired - April 24, 2017) - K. James Harrison has advised Zargon (TSX:ZAR)(TSX:ZAR.DB.A) that he does not intend to stand for reelection for the Zargon Board of Directors at the upcoming Annual and Special Meeting of Shareholders to be held on May 30, 2017. K. James Harrison has been a director of Zargon since 1995, and his energy and counsel over the years have been invaluable. On behalf of the management and Board of Directors of Zargon, we would like to thank K. James [Read more]
P2’s SVP & Canadian GM Talks About New Software Bundle That Helps Oil and Gas Startups Get up and Running Quickly, Cost-Effectively
Michael Danielewicz, P2 Energy Solutions’ Senior Vice President and Canadian General Manager, sat down with the BOE Report to answer a few questions about Qbyte All Access. QAA provides a new way for Canadian oil and gas operators to leverage the industry-leading Qbyte software applications. What exactly is QAA? QAA is our new, all-in-one software package that includes land, accounting, AFE management, production accounting, and all the associated reporting capabilities – the ERP for an [Read more]
Cenovus plans to accelerate drilling on acquired ConocoPhillips gas properties
CALGARY - Cenovus Energy (TSX:CVE) plans to ramp up the drilling of conventional gas wells on the lands it is buying from Houston-based ConocoPhillips in a $17.7-billion deal announced last month. The Calgary-based company intends to spend $650 million in 2019 to drill about 120 wells in what is known as the Deep Basin of northeastern B.C. and northwestern Alberta, CEO Brian Ferguson said in an interview on Friday. That's about five times the $120 million ConocoPhillips had [Read more]
Vital Energy Inc.: Further Details on Pennant Project, S.W. Saskatchewan – Core Project Area
CALGARY, ALBERTA--(Marketwired - April 21, 2017) - Vital Energy Inc. ("Vital") (TSX VENTURE:VUX) announced today, further to its news releases dated March 31, 2017 and April 21, 2017, further details on the 4 leases acquired at the Saskatchewan Crown land sale in the Pennant Area project lands. Pursuant to its agreement with the Third Party, namely Cerus Energy Group, the amount of the first cash advance to Vital was $360,000. The lease acquisitions totaled 5,220 acres more than doubling Vital's [Read more]
CAPL Course Calendar – New luncheons added
Here is the upcoming list of courses for members of CAPL. Please note, new luncheons have been added. For more information, click on a course link below or visit landman.ca Date Course Category Status Mar 02 2017 LLR/LMR: Changing the Numbers Regulations Complete Mar 07 2017 Constructive Conflict Management (PSL®) Negotiations and Business Skills Complete Mar 15 2017 Conventional Agreements: Junior Level Agreements and Contractual Issues Complete Mar 16 [Read more]
Vital Energy Inc.: Pennant Project, S.W. Saskatchewan – Core Project Area
CALGARY, ALBERTA--(Marketwired - April 21, 2017) - Vital Energy Inc. ("Vital") (TSX VENTURE:VUX) announces that, further to its news release dated March 31, 2017, and the agreement with a Third Party described therein, the Third Party has made the first cash advance to Vital under the terms of the agreement. Vital was successful in acquiring 4 leases at the April 11, 2017, Saskatchewan crown land sale. The lease acquisitions totaled 5,220 acres more than doubling Vital's current Pennant Area [Read more]
Twin Butte Energy Debentureholders Seek Appointment of Advisors For Debentureholder Class and Cost Sharing Relief
CALGARY, April 20, 2017 /CNW/ - Dear Twin Butte Debentureholders, We, the Ad Hoc Committee of unaffiliated holders (the "Ad Hoc Group") of 6.25% Convertible Unsecured Subordinated Debentures due December 31, 2018 of Twin Butte Energy Ltd. ("Twin Butte"), wish to update Twin Butte's Debentureholders concerning recent developments in connection with the Receivership sales and investment solicitation process ("SISP"): On March 30, 2017, FTI Consulting Canada Inc., the Court-appointed [Read more]
Connacher Announces Q4 2016 and Year-End 2016 Results
CALGARY, April 20, 2017 /CNW/ - Connacher Oil and Gas Limited ("Connacher" or the "Company") announces its financial and operating results for the quarter- and year-ended December 31, 2016 (all amounts are in Canadian dollars unless otherwise noted). Operations As oil prices increased in the second half 2016 and 2017, the Company restored production on 16 of the 18 wells at Pod One which were previously suspended. Based on field estimates, Q1 2017 production was approximately 12,000 [Read more]
Heritage Resource Limited Partnership’s Palliser Q2 2017 Prospects
Palliser Q2 2017 Prospects Heritage Resource Limited Partnership referred to as “Heritage” is marketing fee simple mineral rights for Farmout/Lease with respect to three Mannville prospect areas on the Palliser Block. The prospect areas identify horizontal development opportunities in the Mannville Group by using subsurface analog data. Highlights Palliser South – Tide Lake T17/18 R11/12 W4M Up to 42 Sections Available PNG in Mannville* Partial 3D Seismic coverage available [Read more]