CALGARY, ALBERTA--(Marketwired - April 24, 2014) - Hyperion Exploration Corp. ("Hyperion" or the "Company") (TSX VENTURE:HYX) announces it has filed on SEDAR its audited annual financial statements, related Management's Discussion and Analysis ("MD&A) and Annual Information Form ("AIF") for the year ended December 31, 2013. The financial statements, MD&A and AIF will be available for review at www.sedar.com or www.hyperionexploration.com. Financial and Operational [Read more]
Headlines
Irving Oil Completes Voluntary Conversion of its Crude Oil Railcar Fleet
SAINT JOHN, April 23, 2014 /CNW/ - Irving Oil confirmed today that it has completed the conversion of its proprietary fleet of crude oil railcars to the Association of American Railroads' (AAR) recommended specifications for DOT-111 railcars constructed after October 1, 2011. In February, Irving Oil announced it would voluntarily remove its older-model railcars from service no later than April 30, 2014. The completion of the fleet upgrade supports Transport Canada's announcement [Read more]
Strategic Oil & Gas Ltd. Provides Operations Update
CALGARY, ALBERTA--(Marketwired - April 23, 2014) - Strategic Oil & Gas Ltd. ("Strategic" or the "Company") (TSX VENTURE:SOG) is pleased to provide the following operations update. The Company has completed its 2014 winter drilling program, with a total of three new Muskeg Stack horizontal wells drilled. Corporate production averaged 4,016 boe/d for the week prior to bringing the latest Muskeg Stack well online. The following is an update of the three Muskeg stack wells drilled in the first [Read more]
Oil slips to US$102 a barrel as reports shows big increase in US supplies
NEW YORK - The price of oil slipped Wednesday as a government report showed U.S. oil supplies rose more than expected last week.Benchmark West Texas Intermediate crude for May delivery fell 31 cents to close at US$101.44 a barrel on the New York Mercantile Exchange. On Tuesday, the Nymex contract fell $1.90 a barrel.Brent crude, an international benchmark, fell 16 cents to US$109.11 on the ICE Futures exchange in London.The U.S. Energy Department's Energy Information Administration said oil [Read more]
Santonia Energy Inc. Announces Shareholder and Court Approvals of the Plan of Arrangement With Tourmaline Oil Corp.
CALGARY, ALBERTA--(Marketwired - April 23, 2014) - Santonia Energy Inc. ("Santonia") (TSX:STE) is pleased to announce that today it received shareholder and court approval for the previously announced plan of arrangement (the "Arrangement") pursuant to which Tourmaline Oil Corp. ("Tourmaline") will acquire all the issued and outstanding common shares of Santonia. Pursuant to the Arrangement, Santonia shareholders will receive 0.03012 of a common share of Tourmaline for each common share of [Read more]
Crescent Point Announces Strategic Torquay Consolidation Acquisition of CanEra Energy Corp. and Upwardly Revised 2014 Guidance
CALGARY, ALBERTA--(Marketwired - April 23, 2014) - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG)(NYSE:CPG) is pleased to announce that it has entered into an arrangement agreement (the "CanEra Arrangement") to acquire all of the issued and outstanding shares of CanEra Energy Corp. ("CanEra"), a privately held southeast Saskatchewan oil and gas producer with a large Torquay land position and production of approximately 10,000 boe/d (the "CanEra Assets"). Total [Read more]
Effort to make rail tank cars used to ship crude oil safer marked by squabbling
WASHINGTON - A series of fiery train crashes spurred a push by government and industry to make safer tank cars used to ship crude oil and ethanol. But the effort is bogging down in squabbling and finger-pointing. A spokesman for the American Petroleum Institute says the railroad industry won't share data behind their recommendations to make the cars safer. He says the oil industry wants a "comprehensive examination" of proposed changes. But the Transportation Department says it's the oil [Read more]
Nexen Energy ULC introduces Fang Zhi as new CEO
CALGARY, April 23, 2014 /CNW/ - Following a 20-year career with Nexen, highlighted by overseeing the acquisition of the company by CNOOC Limited, Kevin Reinhart is departing from his role as Chief Executive Officer (CEO) of Nexen Energy ULC, a wholly-owned subsidiary of CNOOC Limited. "On behalf of CNOOC Limited and the Nexen organization, I want to thank Kevin for his contributions to Nexen and wish him all the best in his future endeavours," said Mr. Li Fanrong, CEO of CNOOC [Read more]
Canada’s oil, gas catch Europe’s eye amid Ukraine troubles: Polish ambassador
OTTAWA - The Russian invasion of Crimea is making Alberta's oil and gas more attractive in European capitals, says Poland's ambassador to Canada.Poland supports the idea of importing Canadian oil and gas, envoy Marcin Bosacki said Wednesday prior to the start of a two-day visit to his country by Foreign Affairs Minister John Baird."This point of view is being shared in a growing number of European capitals in the last two months since the Crimea invasion," Bosacki said."Of course, we are [Read more]
Petrolia Completes Bought Deal Private Placement
QUÉBEC CITY, QUÉBEC--(Marketwired - April 23, 2014) - Not for distribution to U.S. newswire services or for dissemination in the United States Pétrolia (TSX VENTURE:PEA) (the "Company") is pleased to announce the closing of a bought deal private placement with a syndicate of underwriters led by Laurentian Bank Securities Inc. and including National Bank Financial Inc. (the "Underwriters") for the purchase of 4,000,000 common shares (the "Common Shares") of the [Read more]