CYGAM Announces 2012 Year-End Reserves
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CALGARY, ALBERTA -- (Marketwire) -- 02/26/13 -- CYGAM Energy Inc. (TSX VENTURE: CYG) ("CYGAM", or the "Company"), an emerging oil and gas company with interests in Tunisia and Italy, announced today that InSite Petroleum Consultants Ltd. of Calgary, Alberta, ("InSite") has completed the annual update to CYGAM--s Reserve…
Kelt Exploration Ltd. Commences Operations
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CALGARY, ALBERTA -- (Marketwire) -- 02/26/13 -- Kelt Exploration Ltd. ("Kelt") commenced operations today as a new junior oil and gas exploration and development company. Kelt was formed as a result of a plan of arrangement (the "Arrangement") involving Celtic Exploration Ltd. ("Celtic"), ExxonMobil Celtic ULC (the "Purchaser"),…
Chinook Energy Inc. Announces Its December 31, 2012 Reserves and Operations Update
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CALGARY, ALBERTA -- (Marketwire) -- 02/26/13 -- Chinook Energy Inc. ("Chinook" or the "Company") (TSX: CKE) today announced the results of its year-end reserve evaluations effective December 31, 2012 as prepared by its independent evaluators. The Company has also provided certain unaudited year-end financial information and an operations…
BlackPearl Announces Fourth Quarter and Full Year 2012 Financial and Operating Results
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CALGARY, ALBERTA -- (Marketwire) -- 02/26/13 -- BlackPearl Resources Inc. ("BlackPearl" or the "Company") (TSX: PXX)(OMX: PXXS) is pleased to announce its financial and operating results for the three and twelve months ended December 31, 2012.Highlights and accomplishments in 2012 included:John Festival, President of BlackPearl, commenting on 2012…
Argosy Energy Inc. Announces Amendments to Its Credit Facility and Provides Results of Its December 31, 2012 Reserve Evaluation
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CALGARY, ALBERTA -- (Marketwire) -- 02/26/13 -- Argosy Energy Inc. ("Argosy" or the "Company") (TSX: GSY) announces that it has signed an amendment to its existing credit facility ("Credit Facility") whereby the Company--s lender has agreed to extend the revolving period of the Credit Facility to April 30,…
Santa Maria Petroleum Spuds Calacho #1 Well, Llanos Basin, Colombia
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TORONTO, ONTARIO -- (Marketwire) -- 02/26/13 -- Santa Maria Petroleum Inc. (TSX VENTURE: SMQ) ("Santa Maria" or the "Company") has been informed by Omega Energy Colombia, the operator of Llanos 21 block in the Llanos basin in Colombia, that it has commenced drilling the Calacho No. 1 well.…
Celtic Announces Completion of Acquisition by ExxonMobil Canada Ltd.
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CALGARY, ALBERTA -- (Marketwire) -- 02/26/13 -- Celtic Exploration Ltd. ("Celtic") (TSX: CLT) is pleased to announce the successful completion of the previously announced plan of arrangement (the "Arrangement"), pursuant to which a subsidiary of ExxonMobil Canada Ltd. acquired all of the outstanding common shares of Celtic (the…
North Sea Energy Extends IronStone Capital Marketing Contract
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TORONTO, ONTARIO -- (Marketwire) -- 02/26/13 -- North Sea Energy Inc. ("NSE" or the "Company") (TSX VENTURE: NUK) is pleased to announce the extension of the engagement of IronStone Capital Corp. to assist NSE in marketing the Company, on the same terms and conditions as originally announced on…
Jura Announces Board Appointments
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CALGARY, ALBERTA -- (Marketwire) -- 02/26/13 -- Jura Energy Corporation ("Jura") (TSX: JEC) is pleased to announce the appointment of Mr. Hussain Sultan Al Junaidy and Mr. Akbar Kazmi to the Board of Directors.The appointments were made to fill vacancies created by the resignations of Mr. Nigel…
Canadian Energy Pipeline Association (CEPA): New Report Reveals Diluted Bitumen Not Corrosive
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CALGARY, ALBERTA -- (Marketwire) -- 02/26/13 -- Canadian Energy Pipeline Association (CEPA)A new report by Penspen Integrity, a division of the UK-based Penspen Limited, reveals diluted bitumen is not more corrosive than conventional crude.Brenda Kenny, President and CEO, of the Canadian Energy Pipeline Association (CEPA), is pleased with the…