Stetson Extends Option Agreement for Offshore African Acreage
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TORONTO, ONTARIO -- (Marketwire) -- 01/08/13 -- Stetson Oil & Gas Ltd. (TSX VENTURE: SSN) reports that it has elected to extend the term of the exclusive option agreement (the "Option Agreement") entered into with a private company ("Privateco"), as extended on October 22, 2012 and December 4,…
Parex Resources Announces December 2012 Production of 13,550 bopd and 2013 Guidance Highlighted by 25% Year-Year Production Growth
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CALGARY, ALBERTA -- (Marketwire) -- 01/08/13 -- Parex Resources Inc. ("Parex" or the "Company") (TSX: PXT), a company focused on oil exploration and production in Colombia and Trinidad, provides an operational update and announces its 2013 guidance. All amounts below are in United States dollars unless otherwise stated.Operations…
County Line Energy Corp. (CYLC) Announces Acquisition in Prolific Provost, Alberta
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LAS VEGAS, NEVADA -- (Marketwire) -- 01/08/13 -- County Line Energy Corp. (CYLC) (PINKSHEETS: CYLC)(FRANKFURT: G7Q), an integrated junior oil and gas explorer, is pleased to announce it has completed the acquisition of a 640 acre parcel of land adjacent to the north east edge of the massive…
RockBridge Reviews Strategic Alternatives and Provides Update
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VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/08/13 -- RockBridge Resources Inc. ("RockBridge" or the "Company") (TSX VENTURE: RBE) announces that its Board of Directors has commenced a review of strategic alternatives for the Company with the objective of enhancing shareholder value.Strategic alternatives may include a reorganization of the…
Pennant Announces Results of AGM
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VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/08/13 -- Pennant Energy Inc. ("Pennant" or the "Company") (TSX VENTURE: PEN) is pleased to announce that all resolutions presented at the Company--s annual and special general meeting held on December 21, 2012 were approved by shareholders of the Company. Those resolutions…
CBM Asia 2013 Work Program Designed to Generate Production, Revenue and Upgrade Resources
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VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/08/13 -- CBM Asia Development Corp. ("CBM Asia" or the "Company") (TSX VENTURE: TCF)(US: CBMDF)(FRANKFURT: IY2) announces its 2013 work program designed to see first commercial gas flows, upgrade resources and potentially generate revenues.Following the exploration successes of 2012, our 2013 work…
Sahara Energy Ltd. Appoints Additional Director
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CALGARY, ALBERTA -- (Marketwire) -- 01/08/13 -- Sahara Energy Ltd. (TSX VENTURE: SAH) ("Sahara") is pleased to announce the appointment of Mr. Yiucho Yiu of Hong Kong as a director of Sahara, subject to acceptance by the TSX Venture Exchange. Mr. Yiu has over twenty years-- experience in…
CanAm Obtains Posey Mill II Mine Permit
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CALGARY, ALBERTA -- (Marketwire) -- 01/08/13 -- CanAm Coal Corp. (TSX VENTURE: COE) (OTCQX: COECF) ("CanAm" or the "Company") is pleased to report that the Company--s subsidiary, Birmingham Coal & Coke ("BCC"), was issued permit # 3963 by the Alabama Surface Mining Commission ("ASMC") for the Posey Mill…
Cub Energy Inc: KUB-Gas Prepays USD 10.0 Million to EBRD
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HOUSTON, TEXAS -- (Marketwire) -- 01/08/13 -- Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE: KUB), a Ukraine-focused upstream oil and gas company, announces the Company--s indirectly held 30% subsidiary, KUB-Gas LLC ("KUB-Gas"), has made a prepayment to the European Bank for Reconstruction and Development ("EBRD") in…
Hyperion Exploration Corp. Announces Renewal of Bank Facilities
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CALGARY, ALBERTA -- (Marketwire) -- 01/08/13 -- Hyperion Exploration Corp. ("Hyperion" or the "Company") (TSX VENTURE: HYX) announces, as a result of the schedule lending review with its credit provider, the lending limits of its existing banking facilities remain unchanged at $50.0 million. The Company--s revolving operating facility…