TransGlobe Energy Corporation Announces 2011 Year-End Reserves
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CALGARY, ALBERTA -- (Marketwire) -- 01/17/12 -- TransGlobe Energy Corporation ("TransGlobe" or the "Company") (TSX: TGL) (NASDAQ: TGA) today announced its 2011 year-end reserves. All dollar values are expressed in United States dollars unless otherwise stated.The Company--s 2011 and 2010 year-end reserves were prepared by the independent reserves…
Kivalliq Energy Corporation: Lac Cinquante Resource Increases by 92% to 27.13 Million lbs U3O8
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VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/17/12 -- Kivalliq Energy Corporation (TSX VENTURE: KIV) (the "Company" or "Kivalliq") today announced a significant increase in the NI 43-101 compliant Mineral Resource estimate for the Lac Cinquante uranium deposit, located within Kivalliq--s 225,000 acre Angilak Property in Nunavut, Canada. The…
Simba Energy Joins OTCQX- Appoints New Director
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VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/17/12 -- Simba Energy Inc. (the "Company") (TSX VENTURE: SMB) (FRANKFURT: GDA) (OTCBB: SMBZF) is pleased to update its shareholders on the following activities.The Company announces it is now trading on the OTC market--s highest tier, OTCQX International, under the symbol SMBZF.…
Lundin Petroleum Capital Expenditure Budget of USD 960 Million in 2012
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STOCKHOLM, SWEDEN -- (Marketwire) -- 01/17/12 -- Lundin Petroleum AB (TSX: LUP)(OMX: LUPE) (Lundin Petroleum) is pleased to announce the details of its USD 960 million development, appraisal and exploration budget for 2012. The budget represents a 40 percent increase on the forecast 2011 capital expenditure.The development budget…
Heritage-Transactions in Own Shares
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LONDON, UNITED KINGDOM -- (Marketwire) -- 01/17/12 -- Heritage Oil Plc (TSX: HOC)(LSE: HOIL), an independent upstream exploration and production company, announces that on 16 January 2012 it purchased 50,000 Ordinary Shares to be held in treasury at 177.38 pence per share (with a price range of 177.0…
Peyto Exploration & Development Corp. Confirms Dividends for First Quarter 2012 and Management Change
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CALGARY, ALBERTA -- (Marketwire) -- 01/16/12 -- Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto") declares the following dividends, payable to shareholders of its common shares at the close of business on the record dates indicated.(i) Dividends are at the discretion of the Board of Directors and subject…
Africa Oil Corp.: Drilling Commences in Puntland, Somalia
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VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/16/12 -- Africa Oil Corp. ("Africa Oil" or the "Company") (TSX VENTURE: AOI)(OMX: AOI) is pleased to announce the spudding of the Shabeel-1 well on the Dharoor Block in Puntland, Somalia and, operator, Horn Petroleum Corporation, is currently preparing to drill ahead…
Horn Petroleum Commences Drilling in Puntland, Somalia
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VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/16/12 -- Horn Petroleum Corporation (TSX VENTURE: HRN) ("Horn Petroleum" or the "Corporation") is pleased to announce the spudding of the Shabeel-1 well on the Dharoor Block in Puntland, Somalia and is currently preparing to drill ahead to a total planned maximum…
Sonde Resources Corp. Announces Extension of Exploration Period and Payment of the USD $12.5 Million Obligation on the Joint Oil Block
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CALGARY, ALBERTA -- (Marketwire) -- 01/16/12 -- Sonde Resources Corp. ("Sonde" or the "Company") (TSX: SOQ) (NYSE Amex: SOQ) announced today that it has received a one year extension to December 23, 2013, on the first phase of the Exploration period to conduct operations on the Joint Oil…
Brownstone Energy Announces Oil Discovery at Llanos Block 27, Colombia
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TORONTO, ONTARIO -- (Marketwire) -- 01/16/12 -- Brownstone Energy Inc. (TSX VENTURE: BWN)(OTCQX: BWSOF) ("Brownstone") is pleased to announce that it has been advised by its joint venture partners that there has been an oil discovery in the Upper Mirador Formation at the Mani-1 well on the Llanos…