CALGARY, ALBERTA--(Marketwired - Aug. 4, 2016) - RMP Energy Inc. ("RMP" or the "Company") (TSX:RMP) today provides an update on its bank credit facility re-determination and its second quarter field operations. The Company also announces that it has closed the previously-announced purchase of assets in the Gold Creek area and that it has initiated a process to review strategic options with a view to maximizing the value of the Company's large Montney resource base. Strategic Discussion and [Read more]
battery
ARC Resources Ltd. Announces Strong Second Quarter Results and Strategic Cardium Acquisition
fo CALGARY, July 28, 2016 /CNW/ - (ARX - TSX) ARC Resources Ltd. ("ARC") is pleased to report its second quarter 2016 operating and financial results. Second quarter production averaged 117,695 boe per day and funds from operations were $141.7 million ($0.40 per share). ARC's unaudited Condensed Interim Consolidated Financial Statements and Notes ("financial statements"), as well as ARC's Management's Discussion and Analysis ("MD&A") for the three and six months ended June 30, 2016 and [Read more]
Athabasca Oil Corporation Reports 2016 Second Quarter Results and an Increased Capital Budget for the Placid Montney
CALGARY, ALBERTA--(Marketwired - July 27, 2016) - Athabasca Oil Corporation (TSX:ATH) ("Athabasca" or "the Company") is pleased to provide its 2016 second quarter results and an operations update. During the quarter the Company continued to progress its operational targets in both business divisions and bolstered its financial position through the closing of two strategic transactions. Athabasca's strategy positions the Company for strong growth and sustainability into the future: [Read more]
Tamarack Valley Energy Ltd. Announces Closing of Strategic Acquisitions, New Credit Facility and Second Quarter Production
CALGARY, ALBERTA--(Marketwired - July 25, 2016) - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company")(TSX:TVE) is pleased to announce that it has closed the second of its two strategic asset acquisitions, details for which were previously announced on June 20, 2016. This second acquisition strategically consolidates assets located in Tamarack's core operating areas of Redwater and Wilson Creek in Alberta (the "Redwater Acquisition") and includes current production of 850 boe/d (71% [Read more]
Three major trends influencing energy prices and GHG emissions
Given current economic realities, effectively reducing the ratio between energy consumption and the production of greenhouse gas emissions (GHG's) appears to require strong government regulation and time. Though renewables show promise, they do not come close to currently having the capability of replacing fossil fuels. Combating GHG emissions is one of societies largest challenges going forward, and it is important that our response remains well documented and grounded in reality. A recent [Read more]
Hemisphere Energy announces closing of its private placement of common shares and CDE flow-through common shares for total gross proceeds of $1.9 million and its plans to drill Atlee development well
TSX-V: HME VANCOUVER, July 12, 2016 /CNW/ - Hemisphere Energy Corporation ("Hemisphere" or the "Company") (TSX-V: HME) is pleased to announce the closing of the final tranche of its non-brokered private placement offering (the "Offering"). In connection with the closing of the final tranche, Hemisphere issued 527,000 flow-through shares ("Flow-Through Shares") at a price of $0.21 per share, which were issued on a Canadian Development Expense flow-through basis pursuant to the provisions of the [Read more]
Hemisphere Energy announces closing of the first tranche of its private placement of CDE flow-through common shares and common shares for total gross proceeds of over $1 million
VANCOUVER, June 29, 2016 /CNW/ - Hemisphere Energy Corporation ("Hemisphere" or the "Company") (TSX-V: HME) is pleased to announce the closing of the first tranche of its non-brokered private placement offering (the "Offering"). Hemisphere issued 2,743,000 flow-through shares ("Flow-Through Shares") at a price of $0.21 per share, which were issued on a Canadian Development Expense flow-through basis pursuant to the provisions of the Income Tax Act (Canada), and 2,449,500 common shares of [Read more]
Tamarack Valley Energy Ltd. Announces Strategic Acquisitions, $72 Million Bought Deal Financing and Increased 2016 Guidance
CALGARY, ALBERTA--(Marketwired - June 20, 2016) - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX:TVE) is pleased to announce that it has entered into binding agreements to undertake two strategic asset acquisitions, the total aggregate cash consideration for which will be $85 million (the "Acquisitions"), subject to certain closing adjustments. The first acquisition is a strategic consolidation of assets located in Tamarack's core operating areas of Redwater and Wilson Creek [Read more]
Hemisphere Energy announces non-brokered private placement of CDE flow-through common shares and common shares for total gross proceeds of up to $1.6 million
TSX-V: HME VANCOUVER, June 8, 2016 /CNW/ - Hemisphere Energy Corporation ("Hemisphere" or the "Company") (TSX-V: HME) is pleased to announce a non-brokered private placement offering (the "Offering") of up to 3,100,000 common shares of Hemisphere ("Flow-Through Shares") at a price of $0.21 per Flow-Through Share to be issued on a Canadian Development Expense flow-through basis pursuant to the provisions of the Income Tax Act (Canada) and up to 5,000,000 common shares of Hemisphere ("Common [Read more]
Blackbird Energy Inc. Announces Execution of Gas Handling Agreement for the Firm Transportation and Processing of its Condensate-Rich Elmworth Montney Natural Gas
CALGARY, ALBERTA--(Marketwired - May 19, 2016) - Blackbird Energy Inc. (TSX VENTURE:BBI) ("Blackbird" or the "Company") is pleased to announce that, further to the press release of Blackbird dated April 6, 2016, Blackbird has executed a binding take-or-pay Gas Handling Agreement ("GHA") with a third party for the firm transportation and processing of sour natural gas produced from Blackbird's condensate-rich Elmworth project. The GHA provides firm service transportation to the third party's [Read more]
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