Trinidad Drilling declares 2016 capital programDec 15, 2015Trinidad Drilling Ltd. expects to spend approximately $30 million in capital expenditures in 2016, with an additional $15 million available to be spent on select upgrades, depending
Cenovus Energy declares 2016 budgetDec 14, 2015Cenovus Energy Inc. expects to invest between $1.4 billion and $1.6 billion in 2016. While allowing for the planned completion of well-advanced oil sands growth projects in 2016,
Raging River Exploration to acquire Viking light oil assetsDec 14, 2015Raging River Exploration Inc. has entered into a definitive agreement to acquire Anegada Energy Corp., a privately held corporation with 2,750 boe/d of high quality Viking light oil
Pine Cliff Energy closes $185 million strategic acquisitionDec 14, 2015Pine Cliff Energy Ltd. has closed its previously announced acquisition of certain natural gas weighted assets (the "Assets") in the Viking area of Central Alberta and Ghost Pine
Touchstone Exploration updates Trinidad acquisitionDec 11, 2015Touchstone Exploration Inc. announces an update to its Trinidad acquisition and reports on discussions with its lender on a review of certain credit facility covenants.
Sunshine Oilsands commences production at West Ells projectDec 9, 2015Sunshine Oilsands Ltd. has successfully commenced the first oil production at the West Ells project located in the Athabasca region of Alberta on or about December 8, 2015 (Hong Kong Time)/ December 7, 2015 (Calgary Time).
Saturn Minerals provides update on Bannock Creek oil exploration wellDec 9, 2015Saturn Minerals Inc. on October 29, 2015 has issued notice to its Joint Venture Partner as required by the Joint Operating Agreement (JOA) between the parties. Under the terms of the JOA, the Joint Venture Partner
CWC Energy Services declares 2016 capital expenditure budgetDec 9, 2015CWC Energy Services Corp. says that the Board of Directors has approved a 2016 capital expenditure budget of $2.6 million comprised entirely of maintenance and infrastructure capital related to recertifications
Husky Energy continues Flemish Pass appraisal workDec 9, 2015Husky Energy and its partner continue to advance appraisal work on the landmark Bay du Nord oil discovery offshore Newfoundland and Labrador.
Connacher Oil and Gas appoints Chief Executive OfficerDec 8, 2015Connacher Oil and Gas Limited says that Merle Johnson, formerly Connacher's Chief Operating Officer, has been appointed Chief Executive Officer and a director of Connacher, replacing Brent de Jong who was formerly
Transocean Ltd. awarded two year contract for The Henry GoodrichDec 8, 2015Transocean Ltd. says that the harsh-environment semisubmersible Henry Goodrich was awarded a two year contract with Husky Oil Operations Limited offshore Canada at a dayrate of $275,000.
Suncor Energy extends Canadian Oil Sands offer to January 8, 2016Dec 7, 2015Suncor Energy has extended its offer to Canadian Oil Sands Limited ('COS') shareholders. Suncor will file a corresponding notice of extension to formally extend the expiry time of its offer to 6:00 p.m. MT
Marquee Energy appoints Chief Financial OfficerDec 2, 2015Marquee Energy Ltd. says that Dan Toews has been appointed Chief Financial Officer (CFO) and Vice President Finance, effective immediately.
TransCanada reaches two-year revenue requirement agreement for NGTL SystemDec 2, 2015TransCanada Corporation says that its wholly-owned subsidiary NOVA Gas Transmission Ltd. (NGTL) has reached an agreement with customers and other interested parties on the annual costs, including equity retur
Select Sands appoints John Kime as an independent directorDec 2, 2015Select Sands Corp. says that John Kime will be joining the Company's board of directors as an independent director and has been appointed as audit committee chairman. In order to allow room for John Kime to join as
Pengrowth Energy closes the sale of its Jenner area assetsDec 2, 2015Pengrowth Energy Corporation has successfully completed the previously announced sale of its non-core Jenner area assets for cash consideration of approximately $78 million, after closing cost adjustments.
Tuscany Energy makes new heavy oil pool discoveryDec 1, 2015Tuscany Energy Ltd. has drilled and cased a new Dina heavy oil pool discovery at Winter, Saskatchewan. The Tuscany Winter HZ 91/5-36-42-25W3 encountered 713 metres of porous oil saturated
Pan Orient Energy plans to pay a $0.40 per share special distributionDec 1, 2015Pan Orient Energy Corp. plans to pay a $0.40 per share special distribution to shareholders, subject to shareholder and regulatory approval.
Pine Cliff Energy completes $69 million subscription receipt offeringNov 30, 2015Pine Cliff Energy Ltd. has closed its previously announced short form prospectus offering (the "Offering"). The Company issued 63.9 million subscription receipts (the "Subscription Receipts"), including
Bayshore Petroleum to jointly develop Athabasca Oilsands propertyNov 27, 2015Bayshore Petroleum Corp. and E-T Energy Ltd. previously announced that they had entered into a memorandum of understanding and were conducting due diligence with the objective of producing
Stonehaven Exploration provides corporate updateNov 27, 2015Stonehaven Exploration Ltd. reports that the first two horizontal Belly River oil prospects of a four well participation and farm-in program in the Wilson Creek, Alberta area have been drilled,
CWC Energy Services Corp. amends its credit facilitiesNov 26, 2015CWC Energy Services Corp. has entered into an agreement with its banking syndicate to amend its credit facility (the "Credit Facility").
Opal Energy Corp. plans to acquire Versus LLCNov 26, 2015Opal Energy Corp. has entered into a letter of intent (the "LOI") with Versus LLC (Versus) to acquire all of the issued and outstanding securities of Versus (the "Transaction").
Tethys Petroleum extends exclusivity period with Olisol InvestmentsNov 25, 2015Tethys Petroleum Limited has agreed to extend the previously agreed exclusivity period with Olisol Investments Limited by 14 days to 11:59 p.m. Calgary time on December 7, 2015.