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KOV And KI Agree To Amended Terms For Loan

KOV And KI Agree To Amended Terms For Loan

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CALGARY, ALBERTA -- (Marketwire) -- 12/18/12 -- Kulczyk Oil Ventures Inc. ("Kulczyk Oil", "KOV" or the "Company") (WARSAW: KOV), an international upstream oil and gas exploration and production company, is pleased to announce that the terms of the June 2012 loan agreement with Kulczyk Investments SA ("KI") (the…

NXT Announces Completion of US $5.8 Million SFD Aerial Survey Contract for Petroleos Mexicanos (“PEMEX”)

NXT Announces Completion of US $5.8 Million SFD Aerial Survey Contract for Petroleos Mexicanos (“PEMEX”)

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Highlights - US $5.8 million survey contract delivered in less than 4 months - Balance of US $2.8 million progress bills scheduled for payment on December 31…

Artek Exploration Ltd. Provides Operations Update

Artek Exploration Ltd. Provides Operations Update

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CALGARY, ALBERTA -- (Marketwire) -- 12/17/12 -- Artek Exploration Ltd. (TSX: RTK) - Artek Exploration Ltd. ("Artek" or the "Company") is pleased to provide the following operational update.At Inga, B.C. the Company has successfully drilled and completed its sixth and seventh horizontal wells of a seven 2012 horizontal…

PetroBakken Announces Shareholder Approval of Reorganization With Petrobank and Adoption of Share Dividend Program

PetroBakken Announces Shareholder Approval of Reorganization With Petrobank and Adoption of Share Dividend Program

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CALGARY, ALBERTA -- (Marketwire) -- 12/17/12 -- PetroBakken Energy Ltd. ("PetroBakken") (TSX: PBN) is pleased to announce that our previously announced corporate reorganization, which will result in shareholders of Petrobank Energy and Resources Ltd. ("Petrobank") (TSX: PBG) receiving Petrobank--s 56% interest in PetroBakken (the "Reorganization"), has been approved…

Petrobank Announces Shareholder Approval of Proposed Reorganization

Petrobank Announces Shareholder Approval of Proposed Reorganization

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CALGARY, ALBERTA -- (Marketwire) -- 12/17/12 -- Petrobank Energy and Resources Ltd. (TSX: PBG) is pleased to announce that our previously proposed reorganization with our 56% owned subsidiary, PetroBakken Energy Ltd. (TSX: PBN), which will result in Petrobank shareholders effectively receiving Petrobank--s share holdings in PetroBakken while maintaining…

Bonavista Energy Corporation Confirms Dividend for January 15, 2013

Bonavista Energy Corporation Confirms Dividend for January 15, 2013

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CALGARY, ALBERTA -- (Marketwire) -- 12/17/12 -- Bonavista Energy Corporation ("Bonavista") (TSX: BNP) confirms that its monthly cash dividend generated from December production will be $0.12 per common share, payable on January 15, 2013. Our long term objective is to maintain a dividend policy that provides an attractive…

Carmen Energy Inc. Announces Asset Sale Transaction, Filing of Reserves Information and Proposed Name Change

Carmen Energy Inc. Announces Asset Sale Transaction, Filing of Reserves Information and Proposed Name Change

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CALGARY, ALBERTA -- (Marketwire) -- 12/17/12 -- Carmen Energy Inc. (TSX VENTURE: CEI) ("Carmen" or the "Corporation") announces that it has entered into a purchase and sale agreement ("PSA") to sell the Corporation--s 60% non-operated working interest in certain oil and gas assets (the "Assets") in the Viking-Kinsella…

Lone Pine Resources Announces Completion of Wild River Asset Disposition

Lone Pine Resources Announces Completion of Wild River Asset Disposition

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CALGARY, ALBERTA -- (Marketwire) -- 12/17/12 -- Lone Pine Resources Inc. ("Lone Pine" or the "Company") (NYSE: LPR) (TSX: LPR) today announced that it has completed its previously announced Wild River asset disposition for total cash proceeds of $80.6 million. The proceeds of the disposition have been used…

Zargon Oil & Gas Ltd. Confirms December 2012 Cash Dividend

Zargon Oil & Gas Ltd. Confirms December 2012 Cash Dividend

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CALGARY, ALBERTA -- (Marketwire) -- 12/17/12 -- Zargon Oil & Gas Ltd. (TSX: ZAR) (TSX: ZAR.DB) ("Zargon") confirms that the monthly cash dividend for the month of December in the amount of Cdn. $0.06 per common share will be paid on January 15, 2013 to shareholders of record…

Baytex Confirms Monthly Dividend for December at $0.22 Per Share

Baytex Confirms Monthly Dividend for December at $0.22 Per Share

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CALGARY, ALBERTA -- (Marketwire) -- 12/17/12 -- Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) announces that a cash dividend of $0.22 per common share in respect of December operations will be paid on January 15, 2013 to shareholders of record on December 31, 2012. The ex-dividend date…