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Strata Oil Releases Details on Cold Production Assessment for Cadotte West Land Block

PEACE RIVER, ALBERTA--(Marketwired - July 3, 2014) - Strata Oil & Gas Inc. ("Strata" or the "Company") (OTCQB:SOIGF) announced today results from its study to further assess the primary heavy oil production potential of its 100%-owned Cadotte West land block in the Peace River oil sands region of Alberta. The study is part of the evaluation of our Cadotte West land for the development of heavy-oil recovery through Cold Production methods. Cold Production is the use of conventional oil [Read more]

PanTerra Announces Closing of $130 Million Bought Deal Financing of Subscription Receipts

CALGARY, ALBERTA--(Marketwired - June 27, 2014) - PanTerra Resource Corp. ("PanTerra" or the "Corporation") (TSX VENTURE:PRC) is pleased to announce that it has closed its previously announced bought deal financing of subscription receipts of the Corporation (the "Subscription Receipts") with a syndicate of underwriters co-led by Desjardins Capital Markets and TD Securities Inc. (together, the "Co-Lead Underwriters") and including Raymond James Ltd., Beacon Securities Limited, Haywood Securities [Read more]

Manitok Energy Inc. Announces Cordel-Stolberg and Entice Drilling Results

CALGARY, ALBERTA--(Marketwired - June 19, 2014) - Manitok Energy Inc. (the "Corporation" or "Manitok") (TSX VENTURE:MEI) is pleased to provide an update to the Corporation's 2014 drilling program in the Cordel-Stolberg and Entice areas. Cordel-Stolberg Manitok is pleased to announce that it has successfully drilled, completed and tested its latest two wells. The first well (the "Cardium Well") targeted Cardium oil in the back-limb of the Stolberg structure in the center of the field. The [Read more]

Bonavista Energy Corporation Announces Ansell Area Asset Acquisition and Bought Deal Financing

CALGARY, ALBERTA--(Marketwired - June 18, 2014) - Bonavista Energy Corporation ("Bonavista" or the "Company") (TSX:BNP) is pleased to announce that it has entered into an agreement to acquire certain natural gas weighted assets (the "Acquired Assets") in the Ansell area of its Deep Basin Core Area (the "Acquisition"). The Acquired Assets mainly comprise of the vendor's 49% working interest in the Bonavista-operated Wilrich plays plus some minor additional lands in the immediate area. The [Read more]

PanTerra Announces Increase to Bought-Deal Financing from $100 Million to $130 Million

CALGARY, ALBERTA--(Marketwired - June 12, 2014) - PanTerra Resource Corp. ("PanTerra" or the "Corporation") (TSX VENTURE:PRC) is pleased to announce that it has increased its previously announced bought deal financing with a syndicate of underwriters (collectively, the "Underwriters") co-led by Desjardins Capital Markets and TD Securities Inc. (together, the "Co-Lead Underwriters") and including Raymond James Ltd., Beacon Securities Limited, Haywood Securities Inc., CIBC World Markets Inc., and [Read more]

Panterra Enters Into Agreement to Acquire Strategic Oil & Gas Assets and Announces $100 Million Bought Deal Financing

CALGARY, ALBERTA--(Marketwired - June 12, 2014) - PanTerra Resource Corp. ("PanTerra" or the "Corporation") (TSX VENTURE:PRC) is pleased to announce that it has entered into an arm's length purchase and sale agreement dated June 11, 2014 (the "Purchase and Sale Agreement") with a public Canadian oil and gas company to acquire (the "Acquisition") certain natural gas assets located in the Western Canadian foothills areas of Lynx/Palliser/Minnow and Findley/Copton/Ojay in Alberta and British [Read more]

Baytex Announces Closing of Aurora Acquisition and Confirms 9% Dividend Increase

CALGARY, ALBERTA--(Marketwired - June 11, 2014) - Baytex Energy Corp. ("Baytex") (TSX:BTE)(NYSE:BTE) announces the closing of its previously announced acquisition of all of the shares of Aurora Oil & Gas Limited ("Aurora") pursuant to a scheme of arrangement under Australian law (the "Arrangement"). Concurrent with closing of the Arrangement, the monthly dividend on our common shares will increase by 9% to $0.24 from $0.22 per share. This increased dividend level will be effective in [Read more]

Petrus Resources Ltd. Announces Record First Quarter 2014 Cash Flow and Operating Results

CALGARY, ALBERTA--(Marketwired - June 3, 2014) - Petrus Resources Ltd. ("Petrus" or the "Company") is pleased to report its operating and financial results for the first quarter of 2014. Highlights include: Average production of 4,373 boe per day in the quarter, up from 3,007 boe per day in the first quarter of 2013, an increase of 33% per debt-adjusted share. The operating netback was $36.71 per boe in the first quarter of 2014, compared to $21.98 per boe in the same period of 2013 (a [Read more]

Hyperion Exploration Corp. Announces First Quarter Results and Operations Update

CALGARY, ALBERTA--(Marketwired - May 29, 2014) - Hyperion Exploration Corp. ("Hyperion" or the "Company") (TSX VENTURE:HYX) announces it has filed on SEDAR its unaudited condensed interim financial statements and related Management's Discussion and Analysis ("MD&A) for the three months ended March 31, 2014. The financial statements and MD&A will be available for review at www.sedar.com or www.hyperionexploration.com. Financial and Operational Highlights Completed the disposition [Read more]

Dramatic increase in oil rail shipments to West Coast; fears of a potential disaster abound

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VANCOUVER, Wash. - Residents along the scenic Columbia River are hoping to persuade regulators to reject plans for what would be the Pacific Northwest's largest crude oil train terminal — the proposed destination for at least four trains a day, each more than a mile long. The increasing numbers of trains, each carrying tens of thousands of barrels of potentially volatile crude from the Bakken oil fields in North Dakota, have raised concerns around the country after nine accidents in the past [Read more]