TransCanada to Present at CIBC World Markets Whistler Institutional Investor Conference
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CALGARY, ALBERTA -- (Marketwire) -- 01/17/13 -- Russ Girling, president and chief executive officer for TransCanada Corporation (TSX: TRP) (NYSE: TRP) (TransCanada) will be presenting on January 24, 2013 at the CIBC World Markets - 2013 Whistler Institutional Investor Conference in Whistler, British Columbia.The presentation, which begins at 10:35…
Arsenal Energy Inc. Announces Increased Credit Facility
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CALGARY, ALBERTA -- (Marketwire) -- 01/17/13 -- Arsenal Energy Inc. ("Arsenal" or the "Company") (TSX: AEI) (PINKSHEETS: AEYIF) is pleased to announce that as a result of reserve additions and production increases from its 2012 drilling activity, Arsenal--s banking syndicate has increased its credit facility from $75…
Forent Energy Announces Sale of Mervin Heavy Oil Property and Montgomery Update
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CALGARY, ALBERTA -- (Marketwire) -- 01/17/13 -- Forent Energy Ltd. (TSX VENTURE: FEN) ("Forent") or the "Company") is pleased to provide the following corporate update.Forent has signed an agreement to sell its Mervin heavy oil property to a major heavy oil operator for $5.5 million, subject to closing…
Hemisphere Energy Announces Positive Third Quarter Results and Operations Update
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VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/17/13 -- Hemisphere Energy Corporation (TSX VENTURE: HME) is pleased to announce its financial and operating results for the three and nine months ended November 30, 2012. All amounts are expressed in Canadian dollars.Achievements and HighlightsSelected financial and operational highlights should be…
Magnum Energy Announces Completion of Third Successful Horizontal Well at Provost
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CALGARY, ALBERTA -- (Marketwire) -- 01/17/13 -- Magnum Energy Inc. (TSX VENTURE: MEN) (the "Corporation" or "Magnum") is pleased to announce that it has completed its third successful horizontal well in its Provost Viking light oil property in southeastern Alberta. The well, in which Magnum has an operated…
Kallisto Provides Corporate Update
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CALGARY, ALBERTA -- (Marketwire) -- 01/17/13 -- Kallisto Energy Corp. (TSX VENTURE: KEC) ("Kallisto" or the "Company") is pleased to provide the following corporate update.Increased Bank FacilityKallisto has signed an agreement with its banker pursuant to which the Company--s credit facility increased from $8.8 million to $10.1 million.…
Nordic American Tankers Limited (NYSE: NAT) – Declaration of Dividend; Expansion Plans
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HAMILTON, BERMUDA -- (Marketwire) -- 01/17/13 -- Nordic American Tankers Ltd. (NYSE: NAT) (the "Company") today announced that its Board of Directors has declared a dividend of $0.16 for the fourth quarter of 2012. The Company is assessing expansion plans including ordering of new vessels from shipyards or buying…
New Zealand Energy Operational Update
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VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/17/13 -- New Zealand Energy Corp. ("NZEC" or the "Company") (TSX VENTURE: NZ)(OTCQX: NZERF) today provided an update on the Company--s exploration and production activities in the Taranaki Basin of New Zealand--s North Island.Waitapu-2 commenced continuous production at the end of December…
Magnum Energy Closes Private Placement, Withdraws Prospectus
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CALGARY, ALBERTA -- (Marketwire) -- 01/16/13 -- MAGNUM ENERGY INC. (TSX VENTURE: MEN) ("Magnum" or the "Corporation") -Magnum is pleased to announce that it has closed its previously announced non-brokered private placement. The placement returned gross proceeds of $165,000 and the Company has issued an aggregate of 1,650,000…
Molopo Energy Limited: CEO Appointment and Strategy Review
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CALGARY, ALBERTA -- (Marketwire) -- 01/16/13 -- Molopo Energy Limited (ASX: MPO) today announces that, effective immediately, Mr Steven Cloutier will succeed Mr Tim Granger as Molopo--s Chief Executive Officer and Managing Director.Steve Cloutier has more than 23 years-- experience in commercial legal practice and oil and gas.…