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Marketwired - Oil and Gas



Last Build Date: Wed, 29 Mar 2017 02:49:26 EDT

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Canadian Overseas Petroleum Limited: 2016 Year End Results

Wed, 29 Mar 2017 02:00:00 EDT

CALGARY, AB--(Marketwired - Mar 29, 2017) - Canadian Overseas Petroleum Limited (TSX VENTURE: XOP) (LSE: COPL)




MCW Energy Group Announces Shares for Debt Transaction

Tue, 28 Mar 2017 21:16:20 EDT

TORONTO, ONTARIO--(Marketwired - March 28, 2017) - MCW Energy Group Limited ("MCW") (TSX VENTURE:MCW)(OTCQX:MCWEF), a Canadian holding company involved in the development of environmentally-friendly oil sands technologies and the production of oil from Utah's vast oil sands deposits, announces it has entered into a shares for debt agreement, pursuant to which MCW will issue 1,000,000 common shares in satisfaction of US$37,500 of indebtedness currently owed to an arm's length service provider. MCW determined to satisfy the indebtedness with common shares in order to preserve its cash for use on its extraction technology, and for working capital. The shares will be issued upon acceptance by the TSX Venture Exchange and approval by the directors of MCW. The common shares issued in satisfaction of the indebtedness will be subject to a four month hold period from the date of issuance.




Harvest Operations Files 2016 Year-End Disclosure Documents

Tue, 28 Mar 2017 20:16:35 EDT

CALGARY, ALBERTA--(Marketwired - March 28, 2017) - Harvest Operations Corp. ("Harvest" or the "Company") announced the filing of its Annual Information Form ("AIF") and its Statement of Reserves Data and Other Oil and Gas Information Form 51-101F1 for the year ended December 31, 2016.




Total Energy Services Inc. Announces Acquisition of Shares of Savanna Energy Services Corp. on the TSX

Tue, 28 Mar 2017 19:08:49 EDT

CALGARY, ALBERTA--(Marketwired - March 28, 2017) - Total Energy Services Inc. (TSX:TOT) ("Total" or the "Corporation") announced today that, in connection with its previously announced Offer (as defined below) to purchase all of the issued and outstanding common shares ("Savanna Shares") of Savanna Energy Services Corp. ("Savanna"), it has purchased, through the facilities of the Toronto Stock Exchange (the "TSX"), 49,000 Savanna Shares (the "Acquired Shares"). All of the Acquired Shares were purchased on March 28, 2017.




Scorpio Tankers Inc. Announces Pricing of $50 Million Senior Unsecured Notes Due 2019

Tue, 28 Mar 2017 18:58:44 EDT

MONACO--(Marketwired - March 28, 2017) - Scorpio Tankers Inc. (NYSE: STNG) (the "Company") announced today that it has priced its $50 million public offering of senior unsecured notes due 2019 (the "Notes"). The Notes will mature on June 1, 2019. The Notes will bear interest at a rate of 8.25% per year, payable in arrears on the 1st day of March, June, September and December of each year, commencing on June 1, 2017. The Company may redeem the Notes, at its option, in whole or in part, at any time on or after December 1, 2018, at a redemption price equal to 100% of the principal amount to be redeemed, plus accrued and unpaid interest to, but excluding, the redemption date. The Company has granted the underwriters of the offering a 30-day option to purchase up to an additional $7.5 million of the Notes on the same terms and conditions. The offering is expected to close on March 31, 2017.




NXT Energy Solutions Inc. Announces Filing Date of Year-End Results for 2016 and Upcoming Investor Conference Call

Tue, 28 Mar 2017 18:35:04 EDT

CALGARY, ALBERTA--(Marketwired - March 28, 2017) - NXT Energy Solutions Inc. ("NXT Energy" or the "Company") (TSX:SFD)(OTCQB:NSFDF) advises that its financial and operating results for the fiscal year ended December 31, 2016 will be filed in Canada on SEDAR at www.sedar.com, and will be available in the USA on EDGAR at www.sec.gov/edgar, as well as on NXT's website at www.nxtenergy.com on March 30th, 2017.




3D at Depth Continues to Drive Growth For Subsea LiDAR Technology Worldwide

Tue, 28 Mar 2017 17:54:26 EDT

Applications for BBC One, National Park Service, and OceanGate's RMS Titanic Expedition Developed for Marine Archaeology and Virtual Reality Programs




SEACOR Holdings Announces Results for Its Fourth Quarter and Year Ended December 31, 2016

Tue, 28 Mar 2017 17:53:59 EDT

FORT LAUDERDALE, FL--(Marketwired - Mar 28, 2017) - SEACOR Holdings Inc. (NYSE: CKH) (the "Company") today announced its results for its fourth quarter and year ended December 31, 2016.




Canacol Energy Ltd. Tests Mono Capuchino 1ST Exploration Well at 1,013 BOPD; Spuds the Canahuate 1 Gas and Pumara 1 Oil Exploration Wells

Tue, 28 Mar 2017 17:10:48 EDT

CALGARY, ALBERTA--(Marketwired - March 28, 2017) - Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE)(OTCQX:CNNEF)(BVC:CNEC) is pleased to provide an update on the Mono Capuchino 1ST exploration well and the Corporation's drilling program.




Safway(R) Services Laurel Branch receives National Safety Excellence Award

Tue, 28 Mar 2017 12:00:00 EDT

ABC award in recognition of "world-class safety"




In Ovations Holdings, Inc. Issues Shareholder Update; Cancels Reverse Stock Split

Tue, 28 Mar 2017 09:45:00 EDT

NEW YORK, NY--(Marketwired - Mar 28, 2017) -  In Ovations Holdings, Inc. (OTC PINK: INOH) is pleased to report to its shareholders recent company developments. INOH announces cancellation of its proposed reversed stock split. The company is also working with its attorney and accountant to shortly become current on OTCmarkets.com.




MLSE Foundation Awards $50,000 Toronto Raptors Community Action Grant Presented by Just Energy Foundation to Northern Nishnawbe Education Council

Tue, 28 Mar 2017 09:30:00 EDT

TORONTO, ON--(Marketwired - March 28, 2017) - On Monday evening, MLSE Foundation announced Northern Nishnawbe Education Council as this year's recipient of the Toronto Raptors Community Action Grant presented by the Just Energy Foundation at Air Canada Centre. MLSE Foundation representatives were joined by Just Energy's Vice President of Consumer Sales, Richard Teixeira and Vice President of Treasury, Kate Atkinson, as well as a staff member and participants of the Northern Nishnawbe Education Council's winning program. The $50,000 grant will support the Thunder Hawks Indigenous Basketball Program, which provides youth from 24 remote First Nations communities the opportunity to play.




Scorpio Tankers Inc. Announces Public Offering of Senior Unsecured Notes Due 2019 and Commencement of Cash Tender Offer for Outstanding 7.50% Senior Unsecured Notes due 2017

Tue, 28 Mar 2017 09:27:31 EDT

MONACO--(Marketwired - March 28, 2017) - Scorpio Tankers Inc. (NYSE: STNG) (the "Company") announced today that it plans to offer senior unsecured notes due 2019 (the "New Notes") in a registered underwritten public offering (the "New Notes Offering") and simultaneously commence a cash tender offer (the "Tender Offer") for the Company's outstanding 7.50% senior unsecured notes due in October 2017 (the "Existing Notes").




DIVERGENT Energy Services Announces Successful Installation of Linear Electromagnetic Submersible Pump

Tue, 28 Mar 2017 09:00:00 EDT

CALGARY, ALBERTA--(Marketwired - March 28, 2017) -




PyroGenesis Announces Receipt of CAN$531,600 Representing 4th Progress Payment Under Contract with HPQ Silicon Resources Inc.

Tue, 28 Mar 2017 08:35:00 EDT

MONTREAL, QUEBEC--(Marketwired - March 28, 2017) - PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX VENTURE:PYR)(OTCQB:PYRNF), a high-tech company (the "Company" or "PyroGenesis") that designs, develops, manufactures and commercializes plasma waste-to-energy systems and plasma torch products, announces today that it has received the 4th progress payment under a previously announced $8.3MM contract with HPQ Silicon Resources Inc. ("HPQ") to provide a 200 metric tonne (MT) per year PUREVAPT pilot system (the "System") to produce silicon metal directly from quartz (the "Contract"). To date, PyroGenesis has received payments in excess of CAN$3.9MM, or equivalent to more than 47% of the value of the Contract.




Razor Energy Corp. Announces 2016 Year-End Reserves

Tue, 28 Mar 2017 07:30:00 EDT

CALGARY, ALBERTA--(Marketwired - March 28, 2017) - Razor Energy Corp. ("Razor" or the "Company") (TSX VENTURE:RZE) is pleased to provide a summary of its 2016 year-end reserves evaluation.




Hyundai, Toyota Lead in Hydrogen Innovation -- But Is Anyone Following?

Tue, 28 Mar 2017 07:30:00 EDT

The lack of geographic diversity beyond Japan and the meager contributions of industrials raise concern for the future of the "hydrogen economy", Lux Research says




Sunshine Oilsands Ltd.: Partial Completion of Zhengwei Placement

Tue, 28 Mar 2017 07:20:26 EDT

HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - March 28, 2017) - The Board of Directors (the "Board") of Sunshine Oilsands Ltd. (the "Corporation" or "Sunshine") (HKSE:2012) is pleased to announce the following:




Genoil Bolsters Management Team With Appointment of Executive Who Has Extensive Experience in Large International Transactions

Tue, 28 Mar 2017 06:00:00 EDT

CALGARY, ALBERTA--(Marketwired - March 28, 2017) - Genoil Inc. (OTCQB:GNOLF), the publicly traded clean technology engineering company for the petroleum industry, has today announced the addition of a special adviser to its management team with the appointment of Douglas A. Phillips, CPA, who joins Genoil to provide strategic input on major transactions and provide advice to top management.




Canacol Energy Ltd. Announces 2P Reserves of 85 MMBOE Worth US$1.3B BTAX and 13 Year Reserve Life Index

Mon, 27 Mar 2017 19:55:05 EDT

CALGARY, ALBERTA--(Marketwired - March 27, 2017) - Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE)(OTCQX:CNNEF)(BVC:CNEC) is pleased to report its light, medium and heavy crude oil and conventional natural gas reserves and deemed volumes for the fiscal year end December 31, 2016. The Corporation engaged DeGolyer and MacNaughton Canada Limited ("DMCL") to prepare independent reserves evaluations for its two primary conventional natural gas fields in Colombia and for its oil reserves in Colombia and deemed volumes in Ecuador. The DMCL evaluated reserves and deemed volumes represent 92% of the Corporation's total reserves and deemed volumes on a Total Proved "1P" basis.




Total Energy Services Inc. Announces Acquisition of Shares of Savanna Energy Services Corp. on the TSX

Mon, 27 Mar 2017 18:29:18 EDT

CALGARY, ALBERTA--(Marketwired - March 27, 2017) - Total Energy Services Inc. ("Total" or the "Corporation") (TSX:TOT) announced today that, in connection with its previously announced Offer (as defined below) to purchase all of the issued and outstanding common shares ("Savanna Shares") of Savanna Energy Services Corp. ("Savanna"), it has purchased, through the facilities of the Toronto Stock Exchange (the "TSX"), 200,000 Savanna Shares (the "Acquired Shares"). All of the Acquired Shares were purchased on March 27, 2017.




Ecology and Environment, Inc. Sends Letter to Shareholders

Mon, 27 Mar 2017 18:15:00 EDT

E & E Warns of MRC's Intention to Deprive ALL Shareholders of Opportunity to Benefit from Future Profitability and Growth in a Green Investment

E & E Dispels MRC's Misleading Claims and Reiterates Company Success and Strength

Urges Shareholders to Vote "FOR" the Election of E & E's Highly Qualified Class A Director Nominees




Canacol Energy Ltd. Announces 2016 Year End Results Posting $135.5 Million of EBITDAX

Mon, 27 Mar 2017 18:07:48 EDT

CALGARY, ALBERTA--(Marketwired - March 27, 2017) - Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE)(OTCQX:CNNEF)(BVC:CNEC) is pleased to report its financial results for the year ended December 31, 2016. Dollar amounts are expressed in United States dollars, except as otherwise noted.

Charle Gamba, President and CEO of the Corporation, commented: "2016 saw the emergence of Canacol as a premier gas producer in Colombia. By April 2016, we had achieved our goal of 90 million standard cubic feet per day ("MMscfpd") of gas production. As a result of the increased gas sales, our adjusted petroleum and natural gas revenues after royalties increased 43% to $173.2 million for the year ended December 31, 2016 compared to $121.5 million in 2015; our adjusted funds from operations increased 122% to $113 million for the year ended December 31, 2016 compared to $51 million in 2015; our EBITDAX increased 101% to $135.5 million for the year ended December 31, 2016 compared to $67.4 million in 2015; and we posted comprehensive income of $23.6 million in 2016. After achieving the 90 MMscfpd milestone, several significant new 2016 gas discoveries drive our reserve and production base towards our December 1, 2017 target of 130 MMscfpd, and our December 1, 2018 target of 230 MMscfpd, which will place Canacol as the second largest gas producer in Colombia behind the state oil company.




Westcore Energy Ltd. Commences Production at an Additional Flaxcombe Location

Mon, 27 Mar 2017 17:53:33 EDT

SASKATOON, SASKATCHEWAN--(Marketwired - March 27, 2017) - Westcore Energy Ltd. ("Westcore" or the "Company") (TSX VENTURE:WTR) announces that it has commenced production at a fifth location at Flaxcombe. The 10-13 location is a well that was drilled by a previous property owner, but only produced for a short period of time before being shut-in by that operator.




Sherritt Announces Initial Drilling Results on Block 10

Mon, 27 Mar 2017 17:05:00 EDT

TORONTO, ON--(Marketwired - March 27, 2017) -




Enbridge Inc. Raises $0.5 Billion through Secondary Offering of Enbridge Income Fund Holdings Inc. Shares; Achieves Previously Announced Asset Monetization Target

Mon, 27 Mar 2017 16:52:32 EDT

CALGARY, ALBERTA--(Marketwired - March 27, 2017) -




Enbridge Income Fund Holdings Inc. Announces $0.5 Billion Secondary Offering of Common Shares by Enbridge Inc.

Mon, 27 Mar 2017 16:51:17 EDT

CALGARY, ALBERTA--(Marketwired - March 27, 2017) -




Ice Energy and Horizon Solar Power Complete Solar-Plus-Ice Storage System at Palm Springs Cultural Center

Mon, 27 Mar 2017 13:59:27 EDT

SANTA BARBARA, CA--(Marketwired - Mar 27, 2017) - Ice Energy, the leading provider of distributed thermal energy storage solutions, and Horizon Solar Power, one of California's largest installers of solar PV systems for residential and commercial facilities, have completed the installation of a solar-plus-ice-battery-storage system at Palm Springs Cultural Center in California's Coachella Valley. As California continues to push for greater deployment of distributed energy resources, this project demonstrates the economic value of combining solar PV with ice battery storage to displace peak electricity demand and enable solar self-consumption on a grid-wide scale.




ENSERVCO Schedules Fourth Quarter and Full Year Earnings Release and Conference Call

Mon, 27 Mar 2017 12:50:30 EDT

DENVER, CO--(Marketwired - Mar 27, 2017) - ENSERVCO Corporation (NYSE MKT: ENSV), a diversified national provider of well-site services to the domestic onshore conventional and unconventional oil and gas industries, today announced it will release its fourth quarter and full year financial results before the U.S. stock market opens on Friday, March 31, 2017. Following the release, management will host a conference call and simultaneous webcast to discuss the quarter and subsequent operational developments. 




ViZn Energy Systems and Raychem RPG Team Up to Deliver Energy Storage to the Power Grid Corporation of India

Mon, 27 Mar 2017 10:40:06 EDT

Flow battery systems to provide grid stabilization services




Birchcliff Energy Ltd. Announces Increase in Ownership by Seymour Schulich and Agreement for Firm Service Transportation on Canadian Mainline

Mon, 27 Mar 2017 10:39:42 EDT

CALGARY, ALBERTA--(Marketwired - March 27, 2017) - Birchcliff Energy Ltd. ("Birchcliff") (TSX:BIR) is pleased to announce that Mr. Seymour Schulich has acquired an additional 2,500,000 common shares of Birchcliff and that Birchcliff has signed agreements for the firm service transportation of 175,000 GJ/d of natural gas.




Remote Monitoring Systems Provider Acorn to Release Q4'16 and Full Year Results and Host Update Call on Wednesday, March 29th at 4:30 pm ET

Mon, 27 Mar 2017 09:51:32 EDT

WILMINGTON, DE--(Marketwired - Mar 27, 2017) - Acorn Energy, Inc. (OTCQB: ACFN), a provider of machine-to-machine, Internet of Things (IoT) remote monitoring and control systems and services, will host a conference call to review its fourth quarter and full year 2016 financial results, business progress and outlook on Wednesday, March 29, 2017 at 4:30 p.m. ET. Results will be issued after the market close on the same day.




Dundee Energy Limited Announces Arbitral Tribunal Decision on Castor Project

Mon, 27 Mar 2017 09:03:28 EDT

TORONTO, ONTARIO--(Marketwired - March 27, 2017) - Dundee Energy Limited ("Dundee Energy" or the "Corporation") (TSX:DEN) today announced that the arbitral tribunal of the International Chamber of Commerce rendered its decision related to the Castor Project in Spain, denying the claim made by Castor UGS Limited Partnership. The decision was rendered by a majority of the three-person tribunal, with the third member issuing a dissenting opinion. Counsel is reviewing the decision to determine what steps may be taken based on the decision rendered.




Gridco Systems emPower(TM) Solution Adds Amazon Web Services Hosting Option

Mon, 27 Mar 2017 09:00:00 EDT

Company making power electronics solutions "easy as wire" for distribution engineers




The Energy Report Interviews Fission Uranium President Ross McElroy

Mon, 27 Mar 2017 08:45:00 EDT

SAN FRANCISCO, CA--(Marketwired - March 27, 2017) - With uranium up 40% off last year's lows, a glimmer of optimism is returning to the uranium market, says Fission Uranium Corp.'s (TSX: FCU) (OTCQX: FCUUF) (FRANKFURT: 2FU) President, COO and Chief Geologist Ross McElroy. In this interview with The Energy Report, McElroy discusses the company's latest drill results, its winter drilling plans and why he believes Fission could be on the cusp of a major discovery.




Strategic Environmental & Energy Resources to Host Fourth Quarter and Full Year 2016 Conference Call on Thursday, April 13, 2017 at 4:30 p.m. ET

Mon, 27 Mar 2017 08:31:00 EDT

GOLDEN, CO--(Marketwired - March 27, 2017) - Strategic Environmental & Energy Resources, Inc. (SEER) (OTCQB: SENR), a provider of environmental, renewable fuels and industrial waste stream management services, will hold a conference call on Thursday, April 13, 2017 at 4:30 p.m. Eastern time to discuss its financial results for the fourth quarter and full year ended December 31, 2016. Financial results will be issued in a press release prior to the call.




Solar Wind Energy Tower, Inc. Issues Business Update

Mon, 27 Mar 2017 08:30:00 EDT

ANNAPOLIS, MD--(Marketwired - Mar 27, 2017) - Solar Wind Energy Tower, Inc. (OTC: SWET) (the "Company"), the innovator and creator behind the Solar Wind Downdraft Tower structures capable of producing abundant, inexpensive electricity to meet the world's increasing demand, announced today that SWET has issued the following business update.




SourcingLink.net, Inc.: Upcoming Exploration

Mon, 27 Mar 2017 08:00:00 EDT

SAN DIEGO, CA--(Marketwired - Mar 27, 2017) - Now that a plan is in place, SourcingLink.net (OTC PINK: SNET) would like to provide more details about its upcoming exploration beginning on May 15th, 2017. In reviewing options with geologist, Wayne Holmstead, a plan of action has been decided upon.




Western Energy Services Corp. Acknowledges Take-Up of Savanna Shares

Mon, 27 Mar 2017 07:30:00 EDT

CALGARY, ALBERTA--(Marketwired - March 27, 2017) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES




Savanna Announces Impact of Total Offer

Mon, 27 Mar 2017 07:30:00 EDT

CALGARY, ALBERTA--(Marketwired - March 27, 2017) - Savanna Energy Services Corp. ("Savanna") (TSX:SVY) today acknowledges Total Energy Services Inc.'s ("Total") announcement that it has satisfied its minimum tender condition of 50.1% pursuant to its unsolicited offer to purchase all of the common shares of Savanna (the "Savanna Shares") on the basis of 0.13 common shares of Total and $0.20 in cash for each Savanna Share (the "Total Offer") and has taken up the Savanna Shares tendered to the Total Offer.




Total Energy Services Inc. Provides Update Regarding its Acquisition of Savanna Energy Services Corp.

Mon, 27 Mar 2017 07:00:00 EDT

CALGARY, ALBERTA--(Marketwired - March 27, 2017) - Total Energy Services Inc. ("Total Energy") (TSX:TOT) is pleased to confirm that on March 24, 2017 it acquired a majority of the outstanding common shares of Savanna Energy Services Corp. ("Savanna"). The process for Total Energy to acquire additional common shares of Savanna is now underway and further updates will be provided by Total Energy as appropriate. Total Energy appreciates and respects the trust and confidence demonstrated by Savanna shareholders.




Suncor Energie fait une mise à jour sur le plan de rétablissement de Syncrude

Mon, 27 Mar 2017 06:30:00 EDT

- Travaux de maintenance planifiés devancés pour réduire l'impact de l'interruption

- Aucun changement prévu dans les perspectives de production annuelle de Suncor




Suncor Energy provides update on Syncrude recovery plan

Mon, 27 Mar 2017 06:30:00 EDT

- Planned maintenance advanced to minimize outage impact

- No change expected to overall Suncor annual production guidance




Eco-Stim Energy Solutions to Present at 23rd Annual IPAA OGIS Conference in New York

Mon, 27 Mar 2017 06:00:00 EDT

HOUSTON, TX and NEUQUEN, ARGENTINA--(Marketwired - Mar 27, 2017) - Eco-Stim Energy Solutions, Inc. (NASDAQ: ESES) ("EcoStim" or the "Company") announced today that J. Chris Boswell, the Company's Chief Executive Officer, is scheduled to present a corporate overview and operational update at the upcoming 23rd Annual Oil & Gas Investment Symposium (OGIS) in New York presented by the Independent Petroleum Association of America (IPAA). The presentation will be held at the Sheraton Times Square Hotel, 811 7th Ave, New York, NY 10019 and is scheduled for Monday, April 3, 2017 from 1:35 to 2:00 PM ET. Several hundred institutional and high net worth investors, research analysts, and oil and gas industry executives will attend to hear corporate presentations from public exploration and production and service and supply companies.




Strategic Oil & Gas Ltd. Announces Annual and Fourth Quarter 2016 Financial and Operating Results

Mon, 27 Mar 2017 05:30:00 EDT

CALGARY, ALBERTA--(Marketwired - March 27, 2017) - Strategic Oil & Gas Ltd. ("Strategic" or the "Company") (TSX VENTURE:SOG) is pleased to report financial and operating results for the year and three months ended December 31, 2016. This year the Company took major strides towards strengthening its balance sheet and increasing the value of its 100% owned core asset at Marlowe in Northern Alberta, and is well positioned to increase production and cash flows through development drilling in 2017.




Blackbird Energy Announces 1,002% Increase in Pipestone Montney 2P Reserves NPV10% to $455 Million and Risked Best Estimate Contingent Resources NPV10% of $437 Million

Mon, 27 Mar 2017 03:00:00 EDT

CALGARY, ALBERTA--(Marketwired - March 27, 2017) -




NXT Energy Solutions Inc. Announces Sale and Leaseback Transaction

Mon, 27 Mar 2017 01:07:52 EDT

CALGARY, ALBERTA--(Marketwired - March 27, 2017) - NXT Energy Solutions Inc. ("NXT" or the "Company") (TSX:SFD)(OTCQB:NSFDF) is pleased to announce that it has entered into a sale and leaseback transaction with a Calgary based international aircraft service provider ("the Lessor") whereby the Lessor will purchase NXT's Cessna Citation aircraft for US $2,300,000 (approximately $2,700,000 Canadian dollars after costs) and the aircraft will remain dedicated to NXT over the next 5 years. A financing condition in respect to the transaction was satisfied on March 23rd, 2017.




Total Energy Services Inc. Announces Take-Up of Savanna Common Shares and Extension of Period for Tender of Additional Savanna Common Shares under its Offer

Sat, 25 Mar 2017 03:26:58 EDT

CALGARY, ALBERTA--(Marketwired - March 25, 2017) -




Rooster Energy Satisfies Conditions of Third Amendment to Note Purchase Agreement With Holders of Senior Secured Notes and Enters Into Non-Binding Term Sheet

Fri, 24 Mar 2017 19:00:00 EDT

CALGARY, ALBERTA--(Marketwired - March 24, 2017) - ROOSTER ENERGY LTD. (or the "Company") (www.roosterenergyltd.com) (TSX VENTURE:COQ) is pleased to announce that it has complied with terms of the Third Amendment (entered into March 10, 2017) to the Amended and Restated Note Purchase Agreement dated as of November 17, 2014, as amended and restated as of June 25, 2015 (the "NPA") with the holders of the senior secured notes (the "Notes") issued pursuant to the NPA. Specifically, a non-binding term sheet has been entered into with the holders this date setting forth the general terms of a potentially acceptable restructuring of the NPA. Additionally, as required by the terms of the Third Amendment, the Company has on this date paid the applicable interest due on the Notes that was due and payable on January 31, 2017 and February 28, 2017. Pursuant to the Third Amendment, the holders agreed to extend until March 24, 2017 the payment dates pending satisfaction of all other terms of the Third Amendment.




TransCanada reçoit un permis présidentiel pour Keystone XL

Fri, 24 Mar 2017 18:01:14 EDT

HOUSTON, TEXAS ET CALGARY, ALBERTA--(Marketwired - 24 mars 2017) - Communiqué de presse - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) a annoncé aujourd'hui que le département d'État des États-Unis a signé et émis un permis présidentiel pour construire l'oléoduc Keystone XL.

« Ceci représente une étape importante pour le projet Keystone XL, a indiqué Russ Girling, président et chef de la direction de TransCanada. Nous apprécions grandement l'administration du président Trump pour l'examen et l'approbation de cette importante initiative et nous sommes impatients de travailler avec eux tandis que nous continuons à investir dans l'infrastructure énergétique de l'Amérique du Nord et à la renforcer. »




CHC Group Successfully Emerges from Court-Supervised Restructuring

Fri, 24 Mar 2017 16:05:00 EDT

Positioned as Economically Robust and Agile Competitor in the Global Helicopter Services Market




Bri-Chem Announces 2016 Fourth Quarter and Year End Results Conference Call

Fri, 24 Mar 2017 14:54:42 EDT

EDMONTON, ALBERTA--(Marketwired - March 24, 2017) - Bri-Chem Corp. ("Bri-Chem" or "Company") (TSX:BRY), a leading North American wholesale distributor and manufacturer of oil and gas drilling fluids, will hold its 2016 fourth quarter and year end conference call to discuss Bri-Chem's results, outlook and related matters at 1:00 pm (EDT), Thursday March 30, 2017. Details for the conference call are as follows:




Rhino Resource Partners LP Announces Filing of 2016 Annual Report on Form 10-K

Fri, 24 Mar 2017 14:10:11 EDT

LEXINGTON, KY--(Marketwired - Mar 24, 2017) - Rhino Resource Partners LP ("Rhino") (OTCQB: RHNO) today filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2016 with the U.S. Securities and Exchange Commission ("SEC"). Rhino's Annual Report on Form 10-K is available through Rhino's website at http://ir.rhinoresources.com/phoenix.zhtml?c=198170&p=irol-IRHome as well as on the SEC's website at www.sec.gov. Rhino's security holders are entitled to receive, free of charge, copies of Rhino's complete audited financial statements by writing to:




Strongbow Resources Inc. Announces Closing of a Private Placement of US$185,000

Fri, 24 Mar 2017 13:58:58 EDT

LAS VEGAS, NV--(Marketwired - Mar 24, 2017) - Strongbow Resources Inc. (OTCQB: STBR) (the "Company") is pleased to announce that it has closed a private placement of 370,000 shares (each, a "Share") at a price of US$0.50 per Share for gross proceeds of US$185,000.




Primeline Receives Settlement Payment of Zhejiang Gas Dispute

Fri, 24 Mar 2017 12:40:26 EDT

HONG KONG, CHINA--(Marketwired - March 24, 2017) -




Tellurian Inc. (NASDAQ:TELL) to present at Gastech 2017

Fri, 24 Mar 2017 12:08:00 EDT

HOUSTON, TX--(Marketwired - March 24, 2017) - Tellurian Inc. ("Tellurian") (NASDAQ: TELL) announced today that Charif Souki, Tellurian Chairman, will present at Gastech 2017 in Tokyo, Japan.




DIVERGENT Energy Services Announces Release of Year End Results

Fri, 24 Mar 2017 10:36:25 EDT

CALGARY, ALBERTA--(Marketwired - March 24, 2017) -




The Energy Report Examines How As Uranium Price Turns, Insiders Stock Up on Energy Fuels

Fri, 24 Mar 2017 08:45:00 EDT

SAN FRANCISCO, CA--(Marketwired - March 24, 2017) - Analysts watching the uranium market agree that as prices for U3O8 turn around, Energy Fuels Inc.'s (TSX: EFR) (NYSE: UUUU) U.S.-based assets, including its conventional and in-situ recovery operations at the Canyon Mine and Nichols Ranch, respectively, make it a good bet for investors. The company's management team and directors must agree because they have upped their share ownership.




The Energy Report Examines How NexGen's Mineral Resource for Arrow Highlights 'Once-in-a-Career Type of Asset'

Fri, 24 Mar 2017 08:45:00 EDT

SAN FRANCISCO, CA--(Marketwired - March 24, 2017) - NexGen Energy Ltd.'s (TSX: NXE) (OTCQX: NXGEF) latest mineral resource estimate for the Rook I property has caught the attention of industry analysts.




Ener-Core to Host Conference Call on Thursday, April 13, 2017 at 4:30 p.m. ET

Fri, 24 Mar 2017 08:31:00 EDT

Management to Discuss New Developments in Licensing Business, First Industrial Installation and Status of Commercial Pipeline




Prairie Provident Announces Updated Corporate Presentation

Fri, 24 Mar 2017 07:00:00 EDT

CALGARY, ALBERTA--(Marketwired - March 24, 2017) - Prairie Provident Resources Inc. ("Prairie Provident" or "PPR" or the "Company") (TSX:PPR) is pleased to report that it has posted an updated corporate presentation on its website following the closing of its previously announced acquisition of strategic assets in the Greater Red Earth area of northern Alberta, as well as the related financing. PPR is an oil and liquids weighted company with low-decline production that generates attractive netbacks in the current environment. The Company has high working interests and operatorship in its core areas, and ample financial flexibility supported by an active hedge program.




TransCanada Receives Presidential Permit for Keystone XL

Fri, 24 Mar 2017 07:00:00 EDT

HOUSTON, TEXAS and CALGARY, ALBERTA--(Marketwired - March 24, 2017) - News Release - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced that the U.S. Department of State has signed and issued a Presidential Permit to construct the Keystone XL Pipeline.




Tethys Petroleum Press Release: Tethys Petroleum Limited to cancel listing in the United Kingdom

Fri, 24 Mar 2017 07:00:00 EDT

GRAND CAYMAN, CAYMAN ISLANDS--(Marketwired - March 24, 2017) - Tethys Petroleum Limited ("Tethys" or the "Company") (TSX:TPL)(LSE:TPL) today announces that it has applied to the United Kingdom Listing Authority ("UKLA") to cancel the standard listing of the Company's ordinary shares (the "Shares") from the Official List of the UKLA and the cancellation of trading in the Shares on the Main Market of the London Stock Exchange (together, the "Cancellation"), following a determination by the Company that the costs of maintaining a dual listing on the London and Toronto stock exchanges is unnecessarily expensive for a company of Tethys' size. Following the Cancellation, the Shares will continue to trade on the Toronto Stock Exchange which should provide shareholders with liquidity and places sufficient corporate governance requirements upon the Company. Further, the Company's conclusion, that the London listing be cancelled, is supported by the limited trading and liquidity of the Shares on the London Stock Exchange (meaning that limited benefit is brought by that listing).




Sunshine Oilsands Ltd.: Completion of Placing of New Shares Under General Mandate

Fri, 24 Mar 2017 05:12:21 EDT

HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - March 24, 2017) - The Board of Directors (the "Board") of Sunshine Oilsands Ltd. (the "Corporation" or "Sunshine") (HKSE:2012) is pleased to announce the following:




Ithaca Energy Inc Announces Receipt of Bond Consents

Fri, 24 Mar 2017 03:00:00 EDT

ABERDEEN, SCOTLAND--(Marketwired - Mar 24, 2017) - Ithaca Energy Inc (TSX: IAE) (LSE: IAE)




Western Energy Services Corp. Announces Increased Support for Combination with Savanna Energy Services Corp.

Thu, 23 Mar 2017 22:30:19 EDT

CALGARY, ALBERTA--(Marketwired - March 23, 2017) -




Chinook Energy Inc. Announces Fourth Quarter 2016 Results and Provides Operational Update

Thu, 23 Mar 2017 22:21:49 EDT

CALGARY, ALBERTA--(Marketwired - March 23, 2017) - Chinook Energy Inc. ("our", "we", or "us") (TSX:CKE) is pleased to announce its fourth quarter 2016 financial and operating results and provide an operations update, including in respect of its most recent three well Birley/Umbach drilling program.

Our operational and financial highlights for the three months and year ended December 31, 2016 are noted below and should be read in conjunction with our consolidated financial statements for the years ended December 31, 2016 and 2015 and our related management's discussion and analysis which have been posted on the SEDAR website (www.sedar.com) and our website (www.chinookenergyinc.com).




Pengrowth Announces Sale of Bernadet Montney Lands for $92 Million

Thu, 23 Mar 2017 19:10:48 EDT

CALGARY, ALBERTA--(Marketwired - March 23, 2017) - Pengrowth Energy Corporation (TSX:PGF)(NYSE:PGH) today announced that it has entered into an agreement for the sale of its non-producing Montney lands at Bernadet in North East British Columbia for cash consideration of $92 million.




Savanna Reiterates Rejection of the Hostile Total Offer, Reminds Shareholders of Superior Transaction With Western Energy

Thu, 23 Mar 2017 18:04:31 EDT

CALGARY, ALBERTA--(Marketwired - March 23, 2017) - Savanna Energy Services Corp. ("Savanna") (TSX:SVY) today reiterates the Savanna board of directors' (the "Savanna Board") unanimous rejection of the offer from Total Energy Services Inc. ("Total") to purchase all of the Savanna Shares on the basis of 0.13 common shares of Total ("Total Shares") and $0.20 in cash for each common share of Savanna ("Savanna Shares") (the "Total Offer").




Blackbird Energy Inc. Closes Land Acquisition

Thu, 23 Mar 2017 17:35:16 EDT

CALGARY, ALBERTA--(Marketwired - March 23, 2017) - Blackbird Energy Inc. ("Blackbird") (TSX VENTURE:BBI) is pleased to report that it has closed the previously announced acquisition (the "Acquisition") of two gross sections (two net) of Montney rights from Knowledge Energy Inc. ("Knowledge") pursuant to the terms of an asset sale agreement dated March 16, 2017. The Acquisition is effective March 1, 2017.




Ceiba Energy Services Announces Director Resignation

Thu, 23 Mar 2017 17:32:01 EDT

CALGARY, ALBERTA--(Marketwired - March 23, 2017) - Ceiba Energy Services Inc. ("Ceiba" or the "Company") (TSX VENTURE:CEB) announces that Mr. Richard Lane has resigned as a director of the Company effective March 22, 2017. We wish Mr. Lane well in his future endeavors.




DXI Announces Corrections to Revenue and Royalties Disclosed in Q4 and Fiscal 2016 Results Press Release

Thu, 23 Mar 2017 17:05:00 EDT

VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 23, 2017) - DXI Energy Inc. (TSX:DXI)(OTCQB:DXIEF) ("DXI" or the "Company"), an upstream oil and gas exploration and production company operating in Colorado's Piceance Basin and the Peace River Arch region in British Columbia, today announced corrections to the "Revenue" and "Royalties" dollar amounts included in the Q4 and Fiscal 2016 financial results press release announcement disseminated to the public on March 22, 2017.




Enbridge Gas Distribution Rates Change Effective April 1

Thu, 23 Mar 2017 16:31:14 EDT

TORONTO, ONTARIO--(Marketwired - March 23, 2017) - Enbridge Gas Distribution Inc. (Enbridge) has received approval from the Ontario Energy Board (OEB) for new rates, effective April 1, 2017. Typical residential customers* who buy their gas supply from Enbridge will see a total bill increase of about one per cent, or $8 a year. As a result, their total annual bill will be about $908.




United Hunter Oil and Gas Corp. Announces Several Recent Corporate Developments

Thu, 23 Mar 2017 12:25:57 EDT

Dual Listing on the Frankfurt Stock Exchange and an Extension to the Exclusive Option Agreement to Purchase Oil & Gas Interests in Archer County, Texas




Total Energy Reaffirms Savanna Shareholder Support For Its Offer

Thu, 23 Mar 2017 12:02:11 EDT

CALGARY, ALBERTA--(Marketwired - March 23, 2017) - Total Energy Services Inc. ("Total Energy") (TSX:TOT) announced today that it continues to see strong support for its offer (the "Total Offer") to purchase the outstanding common shares of Savanna Energy Services Corp. ("Savanna"), with a majority of independent Savanna shareholders supporting the Total Offer.




SourcingLink.net, Inc.: 2017 Exploration Date Finalized

Thu, 23 Mar 2017 09:00:00 EDT

SAN DIEGO, CA--(Marketwired - Mar 23, 2017) - SourcingLink.net (OTC PINK: SNET) President, Chuck Wagner, had a phone call with lead geologist, Wayne Holmstead, and finalized plans for the first exploration of 2017 to commence on May 15th.




DIVERGENT Energy Services Corp. Appoints New Director

Thu, 23 Mar 2017 09:00:00 EDT

CALGARY, ALBERTA--(Marketwired - March 23, 2017) -




Pan Orient Energy Corp. 2016 Year End Financial & Operating Results

Thu, 23 Mar 2017 08:30:00 EDT

CALGARY, ALBERTA--(Marketwired - March 23, 2017) - Pan Orient Energy Corp. ("Pan Orient") (TSX VENTURE:POE) reports 2016 year-end and fourth quarter consolidated financial and operating results. Please note that all amounts are in Canadian dollars unless otherwise stated and BOPD refers to barrels of oil per day.




East West Provides Update on Drilling in Romania and Waterflood in New Zealand

Thu, 23 Mar 2017 08:30:00 EDT

VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 23, 2017) - EAST WEST PETROLEUM CORP. (TSX VENTURE:EW) ("East West" or the "Company") Mr. Dylan Sidoo, Director, is pleased to announce that we have been informed by our JV Partner, NIS, that drilling of the first well in EX-7 Periam block, in the Pannonian Basin of Western Romania has been completed. Core and cutting sampling correlated with wireline logging and other information collected during drilling will be tested and evaluated. The results will be used in developing the testing program which will be the next stage of operations. We will be providing a further update when available. NIS will be funding 100% and fully carrying East West through the minimum work program of the exploration phase in return for earning an 85% interest in the blocks.




InPlay Oil Corp. Announces Fourth Quarter and 2016 Year End Financial and Operating Results

Thu, 23 Mar 2017 08:00:00 EDT

CALGARY, AB--(Marketwired - March 23, 2017) - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") announces its financial and operating results for the three months and year ended December 31, 2016. InPlay's full audited financial statements and notes, as well as management's discussion and analysis ("MD&A") for the three and twelve month periods ended December 31, 2016 will be available shortly on the System for Electronic Document Analysis and Retrieval ("SEDAR").




Torchlight Energy to Participate in Upcoming Investor Conferences

Thu, 23 Mar 2017 08:00:00 EDT

PLANO, TX--(Marketwired - March 23, 2017) - Torchlight Energy Resources, Inc. (NASDAQ: TRCH) ("Torchlight" or "the Company"), today announced that management will present at the OGIS New York Conference and The MicroCap Conference in New York, NY.




Eurocontrol's Xenemetrix to Introduce P-Metrix at 2017 American Chemical Society Spring Conference, San Francisco

Thu, 23 Mar 2017 07:30:00 EDT

Showcase to feature P-Metrix and Advanced Direct and Indirect Excitation ED-XRF Analyzers




Prairie Provident Closes Strategic Light Oil Asset Acquisition, Increases Credit Facility and Reiterates 2017 Production Growth Guidance

Thu, 23 Mar 2017 07:00:00 EDT

CALGARY, ALBERTA--(Marketwired - March 23, 2017) -




Tamarack Valley Energy Ltd. Announces 2016 Financial and Operating Results with Record Fourth Quarter 2016 Production and Board Appointment

Thu, 23 Mar 2017 06:00:00 EDT

CALGARY, ALBERTA--(Marketwired - March 23, 2017) - Tamarack Valley Energy Ltd. (TSX:TVE) ("Tamarack" or the "Company") is pleased to announce its financial and operating results for the three and twelve months ended December 31, 2016, along with the appointment of Mr. Ian Currie to Tamarack's Board of Directors.

2016 Financial and Operating Highlights




Tamarack Valley Energy Ltd. Announces Filing of 2016 Annual Information Form

Thu, 23 Mar 2017 06:00:00 EDT

CALGARY, ALBERTA--(Marketwired - March 23, 2017) - Tamarack Valley Energy Ltd. (TSX:TVE) ("Tamarack" or the "Company") is pleased to announce it has filed today, March 23, 2017, with Canadian securities authorities its 2016 disclosure documents. Included in the Canadian filings were Tamarack's Annual Information Form ("AIF"), including disclosure and reports related to reserves data and other oil and gas information pursuant to Section 2.1 of National Instrument 51-101; its Financial Statements; and its related Management's Discussion and Analysis for the year ended December 31, 2016.




Ithaca Energy Inc.: 2016 Financial Results

Thu, 23 Mar 2017 03:18:58 EDT

ABERDEEN, SCOTLAND--(Marketwired - Mar 23, 2017) - Ithaca Energy Inc. (TSX: IAE)(AIM: IAE)




Maxtech Acquires Additional 20,000 Hectares Brazil

Thu, 23 Mar 2017 03:15:00 EDT

Amasses Approximately 40,000 Manganese Prospective Hectares




Gibsons Announces Closing of Senior Unsecured Notes

Wed, 22 Mar 2017 21:49:51 EDT

CALGARY, ALBERTA--(Marketwired - March 22, 2017) -




Granite Oil Corp. Announces Fourth Quarter and Year End 2016 Financial Results and Operations Update

Wed, 22 Mar 2017 20:27:21 EDT

CALGARY, ALBERTA--(Marketwired - March 22, 2017) - GRANITE OIL CORP. ("Granite" or the "Company") (TSX:GXO)(OTCQX:GXOCF) is pleased to release its financial results for the year ended December 31, 2016, and to provide an overview of the operational highlights of the 2016 financial year. Granite has filed its audited financial statements for the year ended December 31, 2016 and related Management Discussion & Analysis with the applicable Canadian securities regulatory authorities. Granite's annual financial materials may be viewed in their entirety on www.sedar.com and on the Company's website at www.graniteoil.ca.




Western Energy Services Corp. Announces Support Agreements With Savanna Energy Services Corp. Shareholders

Wed, 22 Mar 2017 20:11:50 EDT

CALGARY, ALBERTA--(Marketwired - March 22, 2017) -




Condor Announces 2016 Year End Results

Wed, 22 Mar 2017 17:59:34 EDT

CALGARY, AB--(Marketwired - March 22, 2017) - Condor Petroleum Inc. ("Condor" or the "Company") (TSX: CPI) is pleased to announce the release of its Consolidated Financial Statements for the year ended December 31, 2016, together with the related Management's Discussion and Analysis. These documents will be made available under Condor's profile on SEDAR at www.sedar.com and on the Condor website at www.condorpetroleum.com. All financial amounts in this news release are presented in Canadian dollars, unless otherwise stated.




DXI Reports Q4 and Fiscal 2016 Results

Wed, 22 Mar 2017 17:15:00 EDT

Consolidated Petroleum & Natural Gas Reserves of $23MM at December 31, 2016




Total Energy Services Inc. Announces Acquisition of Shares of Savanna Energy Services Corp. on the TSX

Wed, 22 Mar 2017 17:04:23 EDT

CALGARY, ALBERTA--(Marketwired - March 22, 2017) - Total Energy Services Inc. ("Total" or the "Corporation") (TSX:TOT) announced today that, in connection with its previously announced Offer (as defined below) to purchase all of the issued and outstanding common shares ("Savanna Shares") of Savanna Energy Services Corp. ("Savanna"), it has purchased, through the facilities of the Toronto Stock Exchange (the "TSX"), 30,800 Savanna Shares (the "Acquired Shares"). All of the Acquired Shares were purchased on March 22, 2017.




Cub Energy Inc. Announces Q4 2016 Financial and Operational Results

Wed, 22 Mar 2017 16:00:00 EDT

HOUSTON, TEXAS--(Marketwired - March 22, 2017) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB), a Ukraine-focused upstream oil and gas company, announced today its audited annual financial and operating results for the fourth quarter of 2016. All dollar amounts are expressed in United States Dollars unless otherwise noted. This update includes results from KUB-Gas LLC ("KUB-Gas"), which Cub has a 35% equity ownership interest (increased from 30% effective February 8, 2016) and Tysagaz LLC ("Tysagaz"), Cub's 100% owned subsidiary.




Cub Energy Inc. Reports Year-End Reserves for 2016

Wed, 22 Mar 2017 16:00:00 EDT

HOUSTON, TEXAS--(Marketwired - March 22, 2017) - Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE:KUB) announces the results of its independent reserves evaluations as at December 31, 2016 on its oil and gas properties in Ukraine. The evaluation of Tysagaz LLC properties (100% WI) KUB-Gas LLC properties (35% WI) was conducted by Ryder Scott Petroleum Consultants ("Ryder Scott"), an independent qualified reserves evaluators and auditor ("Reserves Reports").




EPIC Card Acceptance Network Continues to Grow

Wed, 22 Mar 2017 15:47:08 EDT

Eight new locations added to the network, including six in Hawaii at Air Service Hawaii, the only locally owned, locally managed FBO Network in Hawaii




Mooncor Oil & Gas Corp Releases Statement of Reserves Data and other Oil and Gas Information

Wed, 22 Mar 2017 14:47:49 EDT

TORONTO, ONTARIO--(Marketwired - March 22, 2017) - Mooncor Oil & Gas Corp. (TSX VENTURE:MOO) (the "Company") is pleased to announce that it has filed its Statement of Reserves Data and other Oil and Gas Information (the "Report") highlighting the oil and natural gas reserves, which are in the Provinces of Alberta and Saskatchewan, and the value of future net revenue of the Company. A copy of the Report can be found under the Company's profile on the SEDAR website (www.sedar.com).




High Arctic Declares Monthly Dividend

Wed, 22 Mar 2017 11:42:27 EDT

CALGARY, ALBERTA--(Marketwired - March 22, 2017) -




General Electric Company: Doc re. GE files Form 8-K

Wed, 22 Mar 2017 10:27:26 EDT

PARIS, FRANCE--(Marketwired - Mar 22, 2017) - General Electric Company (LSE: GEC) (EURONEXT PARIS: GNE)




Market Demand Drives Drake Plastics Medical Expansion

Wed, 22 Mar 2017 10:00:00 EDT

CYPRESS, TX--(Marketwired - March 22, 2017) - Drake Plastics announces both the capacity and facility expansion of Drake Plastics Medical Products Ltd. Co.