SASKATOON, SASKATCHEWAN--(Marketwired - June 16, 2017) - Westcore Energy Ltd. ("Westcore" or the "Company") (TSX VENTURE:WTR) announces that it has completed the initial drilling operations on its three well program at Flaxcombe, along with its partner Eros Resources Corp. The three well program commenced on June 1, 2017 and drilling was completed on June 14, 2017. The program was designed based on the re-interpretation of a 3D seismic survey that Westcore acquired with the property. All [Read more]
Headlines
Eagle Energy Inc.: Institutional Shareholder Services Confirms the Need for Change
Calgary, Alberta--(Newsfile Corp. - June 15, 2017) - Daniel Gundersen and Kingsway Financial Services Inc. (together, the "Concerned Shareholders") of Eagle Energy Inc. (TSX: EGL) reacted positively to the Institutional Shareholder Services Inc. ("ISS") research report (the "Report") that was released yesterday. ISS is a leading proxy advisory firm and their independent analyses are relied upon by many institutional investment firms, mutual funds, and other fiduciaries. ISS confirmed the [Read more]
Husky Energy hired Natural Resource Minister Jim Carr’s former chief of staff
OTTAWA - A Calgary-based energy company has hired the former chief of staff to Natural Resources Minister Jim Carr. Janet Annesley, who left Parliament Hill early last month, is now the senior vice-president of corporate affairs at Husky Energy, just over a year after she was last lobbied by one of its subsidiaries. The Conflict of Interest Act prevents an ex-staffer at Annesley's level — referred to as a former reporting public officer holder — from working for a company with [Read more]
Ridgeback Resources Announces Changes to Senior Leadership Team
CALGARY, ALBERTA--(Marketwired - June 15, 2017) - Ridgeback Resources Inc. ("Ridgeback" or the "Company") (www.ridgeback.com), a private oil and gas exploration and production company focused on light oil development in the Bakken and Cardium resource plays, today announced a series of management changes effective immediately. J. Paul Charron will join the Board of Directors of Ridgeback in the role of Executive Chairman and will be CEO of the Company. In addition, David Broshko and Paul Masse [Read more]
Strategic Oil & Gas Ltd. Commences Summer Drilling Program
CALGARY, ALBERTA--(Marketwired - June 15, 2017) - Strategic Oil & Gas Ltd. ("Strategic" or the "Company") (TSX VENTURE:SOG) announces the commencement of its summer drilling program planned for the third quarter of 2017. Building on the Company's success in the first half of 2017, Strategic has commenced a summer program to drill and complete up to four new Muskeg horizontal wells. In addition, Strategic plans to evaluate a second prospective formation in the Company's multi-zone light oil [Read more]
Eagle Energy Inc. Announces Independent Advisory Firm Recommendation Supporting a Vote on Eagle’s YELLOW Proxy and Additional Cost Reduction Initiatives
CALGARY, June 15, 2017 /CNW/ - (TSX:EGL): Eagle Energy Inc. ("Eagle") announces Institutional Shareholder Services Inc. ("ISS") recommendations for voting and additional cost reduction initiatives. ISS Recommends Yellow Proxy ISS, a leading independent advisor to institutional investors on corporate governance and proxy voting analysis, has recommended that shareholders vote using only Eagle's YELLOW proxy for the majority of Eagle's current directors and DO NOT VOTE the dissidents' [Read more]
Canadian Discovery Provides Independent Analysis of Geology, Hydrodynamics, Temperature, Fluids, Completions Technology, Productivity and Economics for the Duvernay East Shale Basin Play
The East Shale Basin is HOT! Recent drilling activity, improving results and skyrocketing land prices of up to $5,000/ha are focussing attention on this emerging light oil play. With a number of important land sales and disposition packages on the horizon, parties interested in evaluating these opportunities will want to get up the learning curve fast. Canadian Discovery is leveraging its extensive knowledge and expertise on the Duvernay to provide ready-to-use insights on the East Shale Basin [Read more]
Journey Energy Inc. Announces Approval of Normal Course Issuer Bid
CALGARY, June 14, 2017 /CNW/ - Journey Energy Inc. ("Journey" or the "Company") announced today that it has received approval from the Toronto Stock Exchange (the "TSX") to undertake a proposed normal course issuer bid (the "Bid") to purchase up to 2,522,292 common shares, representing approximately 10% of the public float of Journey's outstanding common shares. Purchases under the Bid will be made through the facilities of the TSX, alternative trading platforms and at market prices under the [Read more]
Premier Notley says no time for oilsands shutdown talk as she pushes pipelines
CALGARY - Alberta Premier Rachel Notley tried to reassure bigwigs in the energy industry Wednesday that her government will strive to ensure the Trans Mountain pipeline expansion gets built despite political opposition in British Columbia. Speaking at the Global Petroleum Show in Calgary, Notley said the Alberta NDP government has little time for conversations that seek to shut down the oilsands and threaten jobs in her province. "An effective climate plan has to pay attention to [Read more]
Pulse Oil completes first tranche of private placement, completes Mannville Acquisition and plans to start field work program to increase production
CALGARY, June 14, 2017 /CNW/ - Pulse Oil Corp. ("Pulse" or the "Company") (TSX-V: PUL) announces that it has closed the first tranche (the "First Tranche") of its previously announced (May 3, 2017) private placement (the "Private Placement") led by Mackie Research Capital Corporation as sole agent (the "Agent"). Pulse is also pleased to announce that it has closed its previously announced acquisition of certain oil and gas assets in the Queenstown area of the Province of Alberta (the [Read more]