CALGARY, ALBERTA--(Marketwired - Oct. 21, 2013) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA. Manitok Energy Inc. ("Manitok") (TSX VENTURE:MEI) is pleased to announce that, in connection with its previously announced offering of common shares on a flow-through basis, Manitok and the syndicate of underwriters co-led by National Bank Financial Inc., Dundee Securities Ltd. and Macquarie Capital Markets Canada Ltd. and [Read more]
Headlines
First Nation promises to continue fight against shale gas
REXTON, N.B. - The chief of the Elsipogtog First Nation in New Brunswick is criticizing the RCMP for its conduct last week in controlling a protest against shale gas exploration, promising his community will continue to oppose the industry's development in the province.Aaron Sock says every effort will be made to keep its opposition peaceful after 40 people were arrested and weapons seized when the Mounties enforced a court-ordered injunction Thursday to end the blockade of a compound near [Read more]
US Oil drops below $100
Oil sagged to below $100 a barrel Monday for the first time since early July as traders waited for the delayed release of U.S. supply figures that are expected to show another rise in crude stockpiles.By early afternoon in Europe, benchmark crude was down 85 cents a barrel to $99.96 in electronic trading on the New York Mercantile Exchange. The contract rose 14 cents Friday, lifted by an improvement in China's quarterly economic growth.Data on U.S. crude and fuel stockpiles had been postponed [Read more]
Sunshine Announces Definitive Joint Operating Agreement for Muskwa and Godin Areas
Definitive Joint Operating Agreement for Muskwa and Godin Areas CALGARY, Alberta and HONG KONG, Oct. 20, 2013 /CNW/ - Sunshine Oilsands Ltd. ("Sunshine" or the "Corporation") (HKEX: 2012, TSX: SUO) is pleased to announce that it has signed its previously announced joint operating agreement ("JOA") with Renergy Petroleum (Canada) Co., Ltd., ("Renergy") an affiliate of Changjiang Investment Group Co., Ltd. ("Changjiang") with respect to the Corporation's Muskwa and Godin area oil sands leases [Read more]
Manitok Energy Inc. Announces Appointment of New Chief Operating Officer and Vice President
CALGARY, ALBERTA--(Marketwired - Oct. 21, 2013) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA. Manitok Energy Inc. (the "Corporation" or "Manitok") (TSX VENTURE:MEI) is pleased to announce the appointment of Cameron G. Vouri as the Corporations new Chief Operating Officer. Mr. Vouri is a professional engineer with over 25 years' experience in the exploitation, operation, acquisition and divestiture of oil and natural gas [Read more]
Manitok Acquires Second Core Area Through Entering Into a Wide Area Lease Issuance and Drilling Commitment Agreement With Encana Corporation in Southeast Alberta
CALGARY, ALBERTA--(Marketwired - Oct. 21, 2013) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA. Manitok Energy Inc. (the "Corporation" or "Manitok") (TSX VENTURE:MEI) is pleased to announce that is has entered into a Lease Issuance and Drilling Commitment Agreement (the "Agreement") with Encana Corporation ("Encana"), whereby Manitok will acquire petroleum and natural gas leases covering a net 38,757 hectares (96,893 acres) [Read more]
Manitok Energy Inc. Announces $20.3 Million Bought Deal Public Offering
CALGARY, ALBERTA--(Marketwired - Oct. 21, 2013) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA. Manitok Energy Inc. ("Manitok") (TSX VENTURE:MEI) is pleased to announce that it has entered into an agreement with a syndicate of underwriters co-led by National Bank Financial Inc., Dundee Securities Ltd. and Macquarie Capital Markets Canada Ltd. and including Integral Wealth Securities Ltd. and TD Securities Inc. [Read more]
Slow times for oilpatch deals
CALGARY - It's a tough time to be looking for a deal in the oilpatch, due to a combination of market uncertainty and confusion over federal foreign investment rules introduced during the past year. With Canada's major energy companies set to report their third-quarter results over the next few weeks, observers say investors will be eagerly awaiting an update on how the firms are slimming their portfolios by selling non-core assets. The likes of Talisman Energy Inc. (TSX:TLM) and Canadian [Read more]
Final day of Line 9 hearings cancelled
TORONTO - The final day of hearings on a proposal to reverse the flow of a pipeline that runs between southern Ontario and Montreal were cancelled Saturday due to security concerns.But that didn't deter dozens of protesters who rallied outside the site of the scrapped hearing to oppose Enbridge's plan to reverse its Line 9 and increase its capacity to carry crude oil."They try to make it seem like we're not going to have a spill. And it's very likely that a spill will happen somewhere along this [Read more]
‘Warriors’ seize journalists’ car, camera equipment at NB shale gas protest site
REXTON, N.B. - The news director for Global News in New Brunswick says a news vehicle and camera were seized by five protesters in Rexton, N.B., Saturday and a reporter threatened. Jim Haskins said journalist Laura Brown was at the site of an ongoing shale gas protest around noon when the protesters confronted another media outlet and seized a vehicle. One of the signs atop a burnt out police car at the anti tracking protest in #rexton. pic.twitter.com/jomodfs8XV— Julia Wong [Read more]