Tourmaline Oil Corp. Updates Exit Volumes, Reaffirms 2013 Guidance and Announces Disposition
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CALGARY, ALBERTA -- (Marketwire) -- 12/19/12 -- Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to report continued success in the Company--s ongoing 2012 EP program which has generated strong production growth throughout the operated property portfolio. Tourmaline now expects to exit 2012 at 70,000…
Edge Resources Inc. Closes $1 Million Canadian-Focused Private Placement
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CALGARY, ALBERTA -- (Marketwire) -- 12/19/12 -- Edge Resources Inc. ("Edge" or the "Company") (TSX VENTURE: EDE)(AIM: EDG) is pleased to announce that, on the heels of its $5 million common share offering in the UK, it has raised a further $1 million from Canadian subscribers (the "Offering")…
Tenguy World International, Inc. Provides Update on the Branch #1 Well Development
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HOUSTON, TX -- (Marketwire) -- 12/19/12 -- Tenguy World International, Inc. (PINKSHEETS: TGWI) is pleased to report today that the drill rig on the Branch # 1 Well is expected to reach the Total Drilling depth late Wednesday, December 19th. Details on the oil & gas production outlook will…
Petrolia Inc.: The Bourque 2 Well Reveals Two Reservoir Zones and the Presence of Condensates
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RIMOUSKI, QUEBEC -- (Marketwire) -- 12/19/12 -- Petrolia (TSX VENTURE: PEA) announces that the drilling of the Bourque 2 well has been completed. This well, which reached a total depth of 2,680 metres, has revealed the existence of two zones, of approximately 300 metres thick each, displaying reservoir…
Epsilon Energy Ltd. Announces Doubling of Estimated Proved Reserves
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CONCORD, ONTARIO -- (Marketwire) -- 12/18/12 -- Epsilon Energy Ltd. ("Epsilon") (TSX: EPS) announced today that proved reserves as of October 31, 2012 increased to 150 Bcfe, more than double the proved reserve estimate of 72 Bcfe as of December 31, 2011. The 107% increase in proved reserves…
Tuscany International Drilling Inc. Announces Appointment of Chief Operating Officer
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CALGARY, ALBERTA -- (Marketwire) -- 12/18/12 -- Tuscany International Drilling Inc. (TSX: TID) (COLOMBIA: TIDC)("Tuscany") is pleased to announce that Kiel Clark has been appointed Tuscany--s Chief Operating Officer.Mr. Clark joined Tuscany in 2010 and most recently served as Tuscany--s President, South America. Since that time he has…
Crown Point Announces Results for the Three Months and Year Ended August 31, 2012
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CALGARY, ALBERTA -- (Marketwire) -- 12/18/12 -- Crown Point Energy Inc. (TSX VENTURE: CWV) ("Crown Point" or the "Company") today announces its operating and financial results for the three months and year ended August 31, 2012. Copies of the Company--s consolidated financial statements for the year ended August…
GeoGlobal Announces Location Change for 2012 Annual Meeting of Stockholders
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CALGARY, ALBERTA -- (Marketwire) -- 12/18/12 -- GeoGlobal Resources Inc. (GeoGlobal) (NYSE MKT: GGR) (NYSE Amex: GGR) today announced that its Annual Meeting of Stockholders to be held on Wednesday, December 19, 2012, at 3:00 pm MT will now be held at the offices of GeoGlobal located in…
CWC Well Services Corp. Announces 2013 Capital Expenditure Budget
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CALGARY, ALBERTA -- (Marketwire) -- 12/18/12 -- CWC Well Services Corp. ("CWC" or the "Company") (TSX VENTURE: CWC) is pleased to announce that the Board of Directors has approved a 2013 capital expenditure budget of $11.2 million comprised of $9.8 million in growth capital and $1.4 million in…
Terra Energy Announces Completion of Initial Montney Asset Sale
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CALGARY, ALBERTA -- (Marketwire) -- 12/18/12 -- Terra Energy Corp. ("Terra" or the "Company") (TSX: TT) is pleased to announce that the initial portion of the $78.0 million Montney sale transaction was successfully completed on December 14, 2012 for a cash consideration of $22.0 million, plus adjustments, for…