Canada


All posts for Canada

Northern Blizzard Resources Inc. Announces $58 million Non-Core Asset Sale

Northern Blizzard Resources Inc. (TSX: NBZ) is pleased to announce that it has completed the sale of certain non-core Viking light-oil assets in the Coleville area of Saskatchewan for cash consideration of $58.0 million (before customary purchase price adjustments).  The asset sale had an effective ...

Katie Woodward - OilVoice


Posted 2 months agoPress > Northern Blizzard ResourcesAssetsFinance +1

Raging River Exploration Inc. Announces $58 Million Dodsland Viking Property Acquisition

Raging River Exploration Inc.  (TSX:RRX) announces that it has closed a Viking consolidation transaction from an arm's length energy producer. The Company acquired approximately 620 boe/d (97% light oil) of production and 24 net sections of land prospective for Viking light oil, for total cash cons ...

Katie Woodward - OilVoice


Posted 2 months agoPress > Raging River ExplorationAcquisitionAssets +3

Junex Energy announces record production in Galt No. 4 well

Junex Inc. (TSX VENTURE:JNX) is pleased to announce that its Galt No. 4 Horizontal well has produced a total of 17,798 barrels of light, sweet crude oil from long-term oil production testing since the well was drilled. This is by far the most significant recovery of oil ever recorded from a single ...

Katie Woodward - OilVoice


Posted 2 months agoPress > Junex EnergyAssetsQuebec +2

TransCanada: Prince Rupert Gas Transmission Signs Project Agreement with Gitxsan Hereditary Chiefs

TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced that its Prince Rupert Gas Transmission project (PRGT) has signed a project agreement with 12 hereditary chiefs of the Gitxsan Nation. The hereditary chiefs each represent a Wilp (house group) whose territory is affected by ...

Katie Woodward - OilVoice


Posted 2 months agoPress > TransCanadaContractCanada

Northern Petroleum provides company updates, divests interests in assets

Northern Petroleum, the AIM quoted oil company focusing on production led growth, announces that it has agreed to divest interests in its assets, as detailed below, to High Power Petroleum LLC, for a consideration of US$2.5 million in cash and the application of US$0.25 million of well stimulation ...

Katie Woodward - OilVoice


Posted 2 months agoPress > Northern PetroleumAIMH2P +4

Manitok Energy Inc. Announces Financial and Operational Results for the Third Quarter of 2016

Manitok Energy Inc. (TSX VENTURE:MEI) announces its financial and operating results for the third quarter of 2016. Third Quarter 2016 Results: Production averaged 4,276 boe/d (45% light oil and liquids) as compared to 3,587 boe/d (49% light oil and liquids) in the second quarter of 2016. The c ...

Katie Woodward - OilVoice


Posted 2 months agoPress > Manitok EnergyQ316Results +1

Delphi Energy Corp. Announces Update to Strategic Transaction and Extension of Credit Facility Review

Delphi Energy Corp. (TSX:DEE)  is pleased to provide an update to its previously announced letter of intent dated November 8, 2016. Delphi expects to execute a definitive agreement in connection with that strategic arrangement  with the existing working interest industry partner in the coming days. ...

Katie Woodward - OilVoice


Posted 2 months agoPress > CanadaDelphi EnergyFinance

Tourmaline Oil Corp. closes acquisition from Shell Canada

Tourmaline Oil Corp. (TSX:TOU) is pleased to announce that it has closed the previously announced acquisition from Shell Canada Energy.  The Company has acquired strategic assets located in the Alberta Deep Basin and the North East British Columbia Gundy area for total consideration of $1.369 billi ...

Katie Woodward - OilVoice


Posted 2 months agoPress > Tourmaline Oil CorpShellShell Canada +4

Petrocapita Announces Acquisition of Crucible Resources Corporation

Petrocapita Income Trust (CSE:PCE.UN)(CSE:PCE.UN.CN) announces that it has acquired approximately 79% of the issued and outstanding shares of Crucible Resources Corp. as at November 30, 2016. A special meeting of the shareholders of Crucible has been called for December 21, 2016 to approve an amalg ...

Katie Woodward - OilVoice


Posted 2 months agoPress > PetrocapitaCrucible Resources CorporationAcquisition +1

Rooster Energy Announces Third Quarter 2016 Financial Results

ROOSTER ENERGY LTD. (TSX VENTURE:COQ) is pleased to announce it has filed on SEDAR its interim financial statements and management discussion and analysis for the third quarter ended September 30, 2016. HIGHLIGHTS: Q3 2016 EBITDAX Totaled $5.0 Million, Up 59% From Q3 2015 Year-To-Date EBITDAX T ...

Katie Woodward - OilVoice


Posted 2 months agoPress > Rooster EnergyQ316Results +1

Sintana Energy announces director resignation

Sintana Energy Inc. (TSX VENTURE:SEI) announces that Mr. Ian Macqueen has resigned as a director of the Company, effective as of November 30, 2016. Mr. Keith Spickelmier, Executive Chairman of the Company, states, "We would like to thank Mr. Macqueen for his contributions to Sintana, and we wish hi ...

Katie Woodward - OilVoice


Posted 2 months agoPress > Ian MacqueenPeople on the MoveCanada +1

Zargon Oil & Gas Ltd. Announces Hedging of 650 bbl/d of Oil and Appointment of Interim Chief Financial Officer

Zargon Oil & Gas Ltd. (TSX:ZAR) (TSX:ZAR.DB) announces that it has entered into hedges to fix the WTI price of oil on 650 barrels per day of oil production at an average of $66.98 in Canadian dollars for 2017. Zargon also announces the appointment of Bill Cromb as Interim Chief Financial Officer. ...

Katie Woodward - OilVoice


Posted 2 months agoPress > Zargon Oil & GasPeople on the MoveHedging +1

Quantum Energy, Inc. Establishes Canadian Subsidiary

Quantum Energy, Inc. (OTC PINK: QEGY), a diversified energy holding company, is pleased to announce the incorporation of a wholly owned Canadian subsidiary, Dominion Energy Processing Group, Inc., www.dominionenergyca.com, to conduct the development, construction and operation of a 40,000 bpd full ...

Katie Woodward - OilVoice


Posted 2 months agoPress > United StatesCanadaSubsidiary +1

Shell successfully completes project to increase production at its Western Canada refinery

Shell today announced it has successfully completed a major growth project at its Scotford Refinery near Edmonton, Alberta that will increase hydrocracker production capacity by 20%.  The project was completed through the debottlenecking of the hydrocracker, a core refining unit for making transpor ...

Katie Woodward - OilVoice


Posted 2 months agoPress > ShellCanadaRefinery

Cenovus Energy appoints Claude Mongeau to Board of Directors

Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced the appointment of Claude Mongeau to its Board of Directors effective immediately. Mr. Mongeau was with Canadian National Railway Company for 22 years, including serving as the company's President & Chief Executive Officer for six and a hal ...

Katie Woodward - OilVoice


Posted 2 months agoPress > Cenovus EnergyClaude MongeauPeople on the Move +2

BlackPearl Announces the Sale of a Royalty Interest on Its Onion Lake Property for $55 Million

BlackPearl Resources Inc. (TSX:PXX)(OMX:PXXS) is pleased to announce it has completed the sale of a minor gross overriding royalty interest on its Onion Lake property for $55 million. Under the terms of the agreement BlackPearl sold an approximate 1.75% royalty on production from substantially all ...

Katie Woodward - OilVoice


Posted 2 months agoPress > BlackPearl ResourcesRoyalty InterestOnion Lake +1

BHI Rig Count: U.S. +4 to 597, Canada +26 to 200

BHI Rig Count: U.S. +4 to 597 rigs U.S. Rig Count is up 4 rigs from last week to 597, with oil rigs up 3 to 477, gas rigs up 1 to 119, and miscellaneous rigs unchanged at 1. U.S. Rig Count is down 140 rigs from last year's count of 737, with oil rigs down 68, gas rigs down 73, and miscellaneous ...

Katie Woodward - OilVoice


Posted 2 months agoPress > Baker HughesRig CountUnited States +1

Texada Capital Management: Acquisition of Rights of Bengal Energy Ltd.

Pursuant to the early warning requirements of applicable Canadian securities laws, and in connection with the rights offering (the "Rights Offering") of Bengal Energy Ltd. ("Bengal" or the "Company") announced on November 23, 2016, Texada Capital Management Ltd. ("Texada"), a corporation controlled ...

Katie Woodward - OilVoice


Posted 2 months agoPress > TexadaBengal EnergyCanada

Hunter Oil Corp. Comments on Trading Activity

Hunter Oil Corp. (TSX-V: HOC; OTCQX: HOILF) (the "Company") at the request of the Investment Industry Regulatory Organization of Canada ("IIROC"), in response to the increase in the Company's share price in today's trading session, the Company confirms that it is not aware of any undisclosed materia ...

Katie Woodward - OilVoice


Posted 2 months agoPress > Hunter Oil Corp.CanadaTrading Activity

Bellatrix announces $80 million non-core asset sale

CALGARY, Dec. 5, 2016 /PRNewswire/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE) is pleased to announce that it has entered into an agreement with a TSX-listed issuer to sell certain non-core assets in the greater Harmattan area of Alberta for $80 million (before custo ...

Katie Woodward - OilVoice


Posted 2 months agoPress > Bellatrix ExplorationAssetsFinance +1