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Canada
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Statoil Completes Two-Well Exploration Drilling Campaign Offshore Newfoundland Jul 11, 2017Statoil, along with its partner, Husky Energy, has finalised a two-well exploration drilling program in the Flemish Pass Basin offshore Newfoundland.
Tourmaline Oil reserves reach 1.1 billion boe Feb 25, 2016Tourmaline Oil Corp has enjoyed another record year of material, profitable reserve additions with ever-improving efficiencies. Company’s proved plus probable reserves increased to
Suncor Energy offer for Canadian Oil Sands shares expires Feb 24, 2016Suncor reveals that its Offer for all of the common shares and accompanying rights of Canadian Oil Sands Limited has expired
TransCanada files for ANR Pipeline rate revision Feb 1, 2016TransCanada Corporation reveals that its ANR Pipeline Company (ANR) submitted a filing with the Federal Energy Regulatory Commission (FERC) under Section 4 of the Natural Gas Act (NGA)
Penn West Petroleum declares 2016 capital budget Jan 29, 2016Penn West Petroleum Ltd. says that the Board of Directors has approved a highly disciplined capital budget of $50 million for 2016.
Tamarack Valley Energy achieves record fourth quarter 2015 production Jan 20, 2016Tamarack Valley Energy Ltd. says that a successful second half 2015 drilling program in the Wilson Creek and Alder Flats areas of Alberta contributed to a record fourth quarter
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Spot News |
Further Increasing Johan Sverdrup ValueStatoil and partners have further increased the value of the Johan Sverdrup field as a result of continued high quality in project execution, good drilling efficiency and further maturation of the resource base.
Faroe Commences Fogelberg Appraisal WellFaroe Petroleum has announced the commencement of the Fogelberg appraisal well and contingent sidetrack 6506/9 – 4A and 4S in the Norwegian North Sea (Faroe 28.3%).
North Sea Exploration Success for BPBP has announced two new exploration discoveries in the North Sea. The discoveries are Capercaillie, in Block 29/4e in the Central North Sea, and Achmelvich, in Block 206/9b west of Shetland.
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Canada
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Marquee Energy completes private placementDec 28, 2015Marquee Energy Ltd. has completed its previously announced private placement. Due to oversubscription the Company issued a total of 2,824,967 common shares in the capital
Hawk Exploration amends bank credit facilityDec 24, 2015Hawk Exploration Ltd. Says that the $2 million principal payment on its term loan facility that was due on December 31, 2015 has been extended to May 31, 2016.
Leucrotta Exploration updates Canada drilling programDec 17, 2015Leucrotta Exploration Inc. is pleased to announce an update on its fall drilling program.
Leucrotta had previously announced that it would drill and
Mart Resources and Delta Oil terminate arrangement agreementDec 15, 2015Mart Resources, Inc. says that, due to prevailing market and industry conditions, Mart and Delta Oil Nigeria B.V. (Delta) have mutually agreed to terminate the arrangement agreement
Select Sands closes previously announced private placementDec 14, 2015Select Sands Corp. announced that there will be no further closings under its previously announced private placement. On November 12, 2015 the Company has announced that
Saturn Minerals adds Wayne Slemp to its Advisory BoardDec 14, 2015Saturn Minerals Inc. says that Wayne Slemp has joined the Advisory Board and is significantly bolstering the Company's operating technical team with regard to the Company's oil and gas projects.
Gibsons declares 2016 growth capital expenditure budget of $200 Million to $300 MillionDec 11, 2015Gibson Energy Inc. says that its Board of Directors has approved a 2016 growth capital expenditure budget ranging between $200 million and $300 million. Additionally, the Board of Directors approved $50 million
Yoho Resources to sell certain Duvernay assets for $50 millionDec 9, 2015Yoho Resources Inc. has entered into a definitive agreement to sell a portion of its Duvernay assets in the Kaybob area of Alberta (the "Subject Assets") for cash consideration of $50 million (prior to adjustments)
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ORLEN Upstream and Kicking Horse Energy complete arrangementDec 2, 2015ORLEN Upstream Canada Ltd., a wholly owned subsidiary of PKN ORLEN S.A, and Kicking Horse Energy Inc. has completed ORLEN Upstream Canada's acquisition of all of the outstanding common shares
Long Run Exploration makes amendments to bank credit facilitiesDec 1, 2015Long Run Exploration Ltd. announces amendments to our bank credit facilities.Long Run has completed the semi-annual review of our credit facilities with our bank syndicate.
Brookfield Renewable closes Cdn$175 million preferred unit offeringNov 26, 2015Brookfield Renewable Energy Partners L.P. has completed its previously announced issue of Cumulative Minimum Rate Reset Class A Preferred Limited Partnership Units, Series 7 (the "Series 7 Preferred Units").
Sunshine Oilsands extends closing of private placementNov 3, 2015On November 2, 2015, the Board of Directors consented to a further extension of the closing date for the remaining 413,520,000 Shares (HK $310,140,000 or approximately CDN $53.5 million)
Terra Energy to sell non-core assetsSep 29, 2015Terra Energy Corp. has entered into a Purchase and Sale Agreement with an industry partner for the sale by the Company of certain non-core,
Strata-X Energy: Kuhlig #1 well surpasses expectationsSep 23, 2015Strata-X Energy reports that the Kuhlig #1 well has reached a total depth of 4,850 feet and the logging and drill stem testing (DST) program has
MEG Energy updates the Corporation's deleveraging processSep 1, 2015MEG Energy Corp. has formed a committee of the board of directors and has retained BMO Capital Markets and Credit Suisse.
Marsa Energy Inc. announces grant of optionsAug 31, 2015Marsa Energy Inc. says that, subject to regulatory approval, it has granted 970,000 options to purchase common shares of Marsa of which
Athabasca Oil and RMP Energy temporary cuts production following Alliance Pipeline force majeureAug 11, 2015Athabasca Oil Corporation was informed by Alliance Pipeline of the shutdown of its mainline pipeline system late last week. Alliance advised shippers Thursday evening
Crew Energy completes petroleum and natural gas rights exchangeJul 24, 2015Crew Energy Inc. of Calgary, Alberta has completed a Northeast British Columbia Montney petroleum and natural gas rights exchange
Junex provides operations update for Its Galt Oil propertyJun 29, 2015Junex Inc. is finalizing construction of the surface drilling pad for the Junex Galt No. 5 Horizontal well that the Company plans to start drilling in the second half of July.
Dejour Energy provides update on the Woodrush projectJun 3, 2015Dejour Energy Inc. announced an operational update for its project in NW Alberta. As previously reported, Dejour tied into production the B-100 Halfway oil step out
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