Company News

    RSS Feed

MCW Energy Group Announces Closing of Acquisition of Controlling Stake of E&P Company

August 25, 2016 |

TORONTO, ONTARIO–(Marketwired – Aug. 25, 2016) – MCW Energy Group Limited (“MCW”) (TSX VENTURE:MCW)(OTCQX:MCWEF), a Canadian holding company involved in the development of environmentally-friendly oil sands technologies and the production of oil from Utah’s oil sands, announces the closing of a previously announced definitive agreement to acquire a controlling interest  … Read More

Torchlight Provides Operational Update

August 23, 2016 |

PLANO, TX–(Marketwired – August 23, 2016) – Torchlight Energy Resources, Inc. (NASDAQ: TRCH) (“Torchlight” or the “Company”), today provided an update regarding the Company’s operational progress in their Orogrande and Hazel Projects.

Orogrande Project:

As previously announced, Torchlight and their operating partner, Founders Oil and Gas, drilled, logged, cored, and set pipe  … Read More

Paramount Resources Ltd. Announces Closing of Musreau / Kakwa Asset Sale to Seven Generations

August 18, 2016 |

CALGARY, ALBERTA–(Marketwired – Aug. 18, 2016) – Paramount Resources Ltd. (TSX:POU) (“Paramount” or the “Company”) is pleased to announce that it has completed its Musreau / Kakwa asset sale (the “Sale Transaction”) to Seven Generations Energy Ltd. (“7G”). Consideration received by Paramount under the Sale Transaction totaled approximately $2.1 billion,  … Read More

Saturn Minerals Inc. Acquires 158 Sections of Oil & Gas Exploration Permits

August 16, 2016 |

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Aug. 16, 2016) – Saturn Minerals Inc. (TSX VENTURE:SMI)(FRANKFURT:SMK) (“Saturn” or the “Company”) is pleased to announce the successful acquisition of 158 sections (41,000 hectares / 410 sq.km) of Oil & Gas Special Exploration Permits (the “Permits”). The acquisition of these additional permit areas are the  … Read More

Pine Cliff Energy Ltd. Announces the Conclusion of the Borrowing Base Redetermination, Closing of a Private Placement and Second Quarter 2016 Results

August 11, 2016 |

CALGARY, ALBERTA–(Marketwired – Aug. 10, 2016) –

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.

Pine Cliff Energy Ltd. (“Pine Cliff” or the “Company”) (TSX:PNE) is pleased to announce that it has completed its semi-annual borrowing base redetermination and has renewed its credit facilities with its  … Read More

Spartan Energy Corp. Announces Southeast Saskatchewan Light Oil Acquisition, $70 Million Bought Deal Equity Financing and Updated 2016 Capital Budget

August 4, 2016 |

CALGARY, ALBERTA–(Marketwired – Aug. 3, 2016) –

NOT FOR DISTRIBUTION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.

Spartan Energy Corp. (“Spartan” or the “Company”) (TSX:SPE) is pleased to announce that it has completed the acquisition of approximately 450 boe/d  … Read More