Canacol Energy Ltd. Provides Production and Operations Update
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CALGARY, ALBERTA -- (Marketwired) -- 10/02/14 -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX: CNE) (OTCQX: CNNEF) (BVC: CNEC) is pleased to provide the following update concerning its production and main drilling operations. Average net production before royalties for the period July 1 to September 30, 2014…
Bengal Energy Announces Operational Update with Record Production and Expands Drilling Program
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CALGARY, ALBERTA -- (Marketwired) -- 10/01/14 -- Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") is pleased to announce that four of the 2014 Phase One Cuisinier oil wells have been tied-in and are producing, resulting in an additional preliminary gross production rate of approximately 1,100 barrels…
WesternZagros Announces Results of Special Meeting of Shareholders
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CALGARY, ALBERTA -- (Marketwired) -- 10/01/14 -- WesternZagros Resources Ltd. (TSX VENTURE: WZR) ("WesternZagros" or the "Company") is pleased to announce that at a special meeting held earlier today, shareholders of the Company approved the previously announced private placement (the "Private Placement") to Crest Energy International LLC ("Crest")…
Divestco Announces Short-Term Financing
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CALGARY, ALBERTA -- (Marketwired) -- 10/01/14 -- Divestco Inc. ("Divestco" or the "Company") (TSX VENTURE: DVT) announces that it has entered into a short-term secured loan with Invico Diversified Income Fund ("IDIF") for $4.5 million, repayable March 31, 2015 (the "Invico Loan"). Proceeds of the loan have been…
Kallisto Energy Corp. Announces Closing of Recapitalization Financing and Appointment of New Management Team
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Addition of Independent Director…
Petrolympic Ltd.: Drilling Operations Have Begun on the Masse Structure
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TORONTO, ONTARIO -- (Marketwired) -- 10/01/14 -- Petrolympic Ltd. ("Petrolympic" or the "Company") (TSX VENTURE: PCQ) is pleased to announce that drilling operations have started on the Masse structure on its joint venture property in the Lower St. Lawrence area (the "Property") located in the Appalachian Basin of…
Artisan Energy Announces Letter of Intent to Acquire MOGL Corp. & Spur Energy Corp., Up to $2 Million Private Placement, Proposed Director Appointments and Proposed Share Consolidation
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CALGARY, ALBERTA -- (Marketwired) -- 10/01/14 -- Artisan Energy Corporation ("Artisan" or the "Corporation") (TSX VENTURE: AEC) is pleased to announce that it has signed a letter of intent (the "LOI") to acquire all of the issued and outstanding shares (the "Acquisition") of each of MOGL Corp. ("MOGL")…
Bonavista Energy Corporation Announces Increase to Exchangeable Share Ratio
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CALGARY, ALBERTA -- (Marketwired) -- 10/01/14 -- Bonavista Energy Corporation ("Bonavista") (TSX: BNP) is pleased to announce the increase to the Exchange Ratio of its exchangeable shares from 1.25882 to 1.26561. This increase will be effective on October 15, 2014 (the "Effective Date").The following are the details of…
Africa Hydrocarbons Inc.: Recompletion of BHN-1 Well Commences in Tunisia
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CALGARY, ALBERTA -- (Marketwired) -- 10/01/14 -- Africa Hydrocarbons Inc. (the Company) (TSX VENTURE: NFK) announces that the re-completion of the BHN-1 well on the Bouhajla Permit in Tunisia has commenced. As previously announced, this operation will entail pulling the existing production tubing from the wellbore and re-perforating…
Vanoil Commences International Arbitration Against the Government of Kenya
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VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 10/01/14 -- Vanoil Energy Ltd. (TSX VENTURE: VEL) ("Vanoil" or the "Company") has commenced an international arbitration against the Government of Kenya (the "Respondent"). This action has been filed to resolve a dispute arising from the Respondent--s breach of the Production Sharing…