CALGARY, Alberta and HONG KONG, June 28, 2015 /CNW/ -- Operations Update The Board of Directors (the "Board") of Sunshine Oilsands Ltd. (the "Corporation" or "Sunshine") (HKEX: 2012, TSX: SUO) is pleased to announce that West Ells construction is substantially completed with current field activities focused on facilities commissioning and startup preparation. To assure facilities performance and achieve nameplate capacity, management has advised the Board that the period for full [Read more]
battery
LGX Oil + Gas Inc. Announces Significant Banff Completion Test Results
CALGARY, June 24, 2015 /CNW/ - LGX Oil + Gas Inc. ("LGX" or the "Company") (TSXV: OIL) is pleased to provide completion test results from recent southern Alberta activity. Big Valley (Three Forks) Formation production from the horizontal well at 6-36-8-24 W4M was isolated and the Banff Formation was completed with a 6 m perforated interval in the build section of the intermediate casing and stimulated with a small volume acid job. The completion has achieved the following extended production [Read more]
Tamarack Valley Energy Ltd. Closes $43.3 Million Wilson Creek Asset Acquisition
CALGARY, ALBERTA--(Marketwired - June 15, 2015) - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX VENTURE:TVE) is pleased to announce that it has successfully completed its previously announced acquisition of certain assets located in the greater Wilson Creek area of Alberta (the "Primary Acquisition"), contiguous with Tamarack's existing Cardium interest in Wilson Creek, for an aggregate purchase price of $43.3 million, subject to normal closing adjustments. In addition to the [Read more]
Vital Energy Inc.: S.W. Saskatchewan Core Project Areas-Status Update
CALGARY, ALBERTA--(Marketwired - June 12, 2015) - Vital Energy Inc. (TSX VENTURE:VUX) announces: In the Gull Lake Project Area: the previously announced 11-32-13-19 W3M vertical test well that was targeting oil production from the Roseray, Cantuar and Upper Shaunavon was completed and placed on production in January 2015. The 11-32 well is producing medium gravity oil from the Roseray formation. As previously announced the well located in 6-5-14-19 W3M has been converted into a water [Read more]
Canamax Announces Strategic Montney Oil Focused Acquisition Further Consolidating Its Greater Grimshaw Area
Canamax Energy Ltd. ("Canamax" or the "Company") (TSX VENTURE:CAC) is pleased to announce that it has entered into a binding purchase and sale agreement with an intermediate oil and gas company to acquire certain assets in Alberta (the "Acquisition") for cash consideration of $24.0 million, subject to customary closing adjustments. The Acquisition is expected to close on or before July 31, 2015. The assets to be acquired consist primarily of two producing properties located in northwest Alberta [Read more]
Ironhorse Announces Q1 2015 Financial and Operating Results
CALGARY, May 29, 2015 /CNW/ - Ironhorse Oil & Gas Inc. ("Ironhorse" or the "Company") (TSX-V: IOG) announces its financial and operating results for the three months ended March 31, 2015. Financial and Operation Summary Mid March 2015, Sinopec Canada completed expansion of the 13-2 battery which required installation of additional sour gas compression, group inlet separation and vapour recovery capacity. Re-start of production from the Pembina Nisku L2L pool, post 13-2 facility upgrade, [Read more]
Painted Pony Attending 2015 RBC Global Energy and Power Executive Conference
CALGARY, ALBERTA--(Marketwired - May 29, 2015) - Painted Pony Petroleum Ltd. (TSX:PPY) ("Painted Pony" or the "Corporation") is pleased to announce that it will be attending and meeting with investors at the RBC Global Energy and Power Executive Conference on June 2nd, held at The Ritz Carlton, Battery Park, in New York, New York. Mr. Patrick Ward, President and CEO and Mr. Ted Hanbury, Senior Vice-President, Engineering will be making a series of investor presentations in Chicago on [Read more]
Leucrotta Exploration Corporate Update
CALGARY, ALBERTA--(Marketwired - May 28, 2015) - Leucrotta Exploration Inc. ("Leucrotta" or the "Company") (TSX VENTURE:LXE) is pleased to announce a corporate update following the previously announced sale of a portion of its Northeast British Columbia assets. The assets were sold for approximately $80 million and has left the Company in a strong financial position and with significant flexibility to execute its business plan on its remaining 172 net sections of Montney in the Greater Dawson [Read more]
Leucrotta Exploration Inc. Announces Q1 2015 Financial and Operating Results
CALGARY, ALBERTA--(Marketwired - May 27, 2015) - LEUCROTTA EXPLORATION INC. (TSX VENTURE:LXE) ("Leucrotta" or the "Company") is pleased to announce its financial and operating results for the three months ended March 31, 2015. All dollar figures are Canadian dollars unless otherwise noted. HIGHLIGHTS Averaged 2,291 boe/d of production during Q1 2015 (excludes 190 boe/d of test production). Maintained low production expenses of $6.60/boe. Tested two step-out Montney wells in the [Read more]
Relentless Announces Financial and Operating Results for the Three Months Ended March 31, 2015
CALGARY, ALBERTA--(Marketwired - May 19, 2015) - Relentless Resources Ltd. ("Relentless" or "the Company") (TSX VENTURE:RRL) is pleased to report its financial and operating results for the three months ended March 31, 2015. Selected financial and operational information is set out below and should be read in conjunction with the Company's March 31, 2015 interim financial statements and the related management's discussion and analysis, which are available for review, together with additional [Read more]
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