CALGARY, ALBERTA and PITTSBURGH, PENNSYLVANIA--(Marketwire - Feb. 7, 2008) - Unbridled Energy Corporation (TSX VENTURE:UNE)(OTCBB:UNEFF)(FRANKFURT:O4U) ("Unbridled" or the "Company") provides an update on its Appalachian Basin properties in the USA.
Ergonomic software specialists Wellnomics Ltd has launched Wellnomics Risk Management software to the Oil and Petroleum industry. The new software identifies at risk employees, trains and assists them to reduce risk; tracks effectiveness of the program and ultimately improves the bottom line. A Wellnomics Risk Management work environment reduces injury rates; increases productivity; reduces stress and absenteeism, and ensures compliance with health and safety obligations.
CALGARY, Sept. 18 /PRNewswire-FirstCall/ -- Oilsands Quest Inc. (AMEX:BQI) announces drilling has recommenced on its oil sands permits in northwest Saskatchewan. Two drilling rigs, which arrived on site last week, began drilling Friday afternoon. At the present time, the rigs are drilling exploratory resource delineation holes along the company's main access road.
MILPITAS, Calif., Nov. 1, 2007 (PRIME NEWSWIRE) -- Globalstar, Inc. (Nasdaq:GSAT), a leading provider of mobile satellite voice and data services to businesses and individuals, today announced that Chesapeake Appalachia, LLC has entered into an agreement with Equipment & Controls, Inc. (ECI) based in Pittsburgh, PA. The agreement calls for Chesapeake to utilize ExtraNET CC(tm) communications controllers purchased from ECI and the Globalstar satellite data network to transmit SCADA (Supervisory Control and Data Acquisition) and other information from its remote natural gas wells throughout the Appalachian Gas Basin back to the Chesapeake host computers. The communications controllers will be installed on various Chesapeake gas well sites located in remote locations not easily serviced by traditional land-based and wireless infrastructure.
ST. PETERSBURG, Fla., July 19, 2007 (PRIME NEWSWIRE) -- World Energy Solutions, Inc. (OTCBB:WEGY), a company focused on energy conservation technologies and environmental sustainability, today reported that it has begun retrofitting a new 2007 Ford F-650 with the Company's proprietary hydrogen/oxygen system to reduce the truck's fuel consumption and harmful emissions. World Energy Solutions (WES) has entered the diesel engine market to capture the strong commercial demand for the company's proven hydrogen/oxygen (HHO) powered internal combustion engine technology.
DALLAS, May 12, 2008 (PRIME NEWSWIRE) -- Cubic Energy, Inc. (OTCBB:QBIK) ("Cubic" or the "Company") announces today it plans to drill two new wells to the Haynesville Shale in the Company's northwest Louisiana acreage. The anticipated total depth of each well is 12,000 feet. The Estes 7 No. 1 is expected to spud within thirty (30) days, followed by the Red Oak Timber 5 No. 1. These wells will be Cubic's first drilled through the Haynesville Shale in the Company's southern acreage in Bethany Long
CONCORD, ONTARIO--(Marketwire - Dec. 5, 2007) -
Epsilon Energy Ltd. ("Epsilon" or the "Corporation")(TSX:EPS) provided a near-term operational update today. A summary of Epsilon's focus by operational area follows:
WAYZATA, Minn., April 8, 2008 /PRNewswire-FirstCall/ -- Northern Oil and Gas, Inc. (AMEX:NOG) -- an exploration and production company, announced the successful completion of its fifth horizontal Bakken discovery in the growing North Dakota oil play. The company participated in the successful completion of the Kent Carlson 24-26H as a horizontal Bakken producer in Dunn County. The well was operated by Marathon Oil and Northern participated with a 6.25% working interest. This well is Northern's second successful Bakken discovery with Marathon. In addition, the Rick Clair 25-36H discovery was recently completed on Northern acreage by Murex Petroleum in Mountrail County. Northern controls a 6.25% interest in the Murex drilling unit. Previously announced were 2 successful Mountrail County Bakken discoveries (6.25% & 8.5% WI) and a Montana Red River discovery (37% WI) operated by Brigham Exploration (NASDAQ:BEXP) . These discoveries bring Northern's net production to approximately 200 barrels per day with development of less than 1% of the Company's acreage position.
Ken Hodgert, C.E.O. of Hodgert & Associates Ltd., will be teaching his "A Study of the Petroleum Industry - Certificate Course" to the Continuing Education Students at Bow Valley College.
KNOB LICK, Ky., March 12 /PRNewswire/ -- The Young Oil Corporation announced here today that it has drilled in a new oil well in Overton County, that came in flowing oil at a rate of 1,944 barrels of oil a day (BOD).
HOUSTON, April 15, 2008 (PRIME NEWSWIRE) -- Linn Energy, LLC (Nasdaq:LINE) announced today that it has agreed to sell all of its interests in oil and gas properties in the Appalachian Basin, including its Marcellus Shale acreage, to XTO Energy Inc. (NYSE:XTO) for cash consideration of $600 million, subject to closing adjustments. The Company will use proceeds to reduce indebtedness under its credit facility and anticipates closing on July 1, 2008. The properties include proved reserves, as estimated by a third-party engineering firm at December 31, 2007, of approximately 197 billion cubic feet of natural gas equivalent (99% natural gas) and currently produce 25 million cubic feet of natural gas equivalent per day.
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CALGARY, ALBERTA--(CCNMatthews - April 9, 2007) - Petrobank Energy and Resources Ltd. ("Petrobank") (TSX:PBG)(OSLO:PBG) ("Petrobank") is pleased to announce a significant expansion to our southeast Saskatchewan land base highly prospective for Bakken light oil, recent Bakken drilling results, and an expansion of our Bakken light oil drilling plans for 2007 and beyond, summarized as follows:
Calgary, Alberta CANADA, July 30, 2008 /FSC/ - Tiger-Cat Energy Ltd. (TCE - TSX Venture), announces as follows: Further to the news release dated May 27, 2008, C-Data Communications Inc. ("C-Data") and Tiger-Cat Energy Ltd. ("Tiger-Cat" or the "Company") announce that the Amalgamation Agreement providing for the proposed amalgamation of them has been amended such that the date of closing shall now be no later than September 30, 2008 unless otherwise agreed by Tiger-Cat and C-Data and either party may terminate the Amalgamation Agreement if closing has not occurred by September 30, 2008. All other terms of the Amalgamation Agreement remain unchanged. The Amalgamation Agreement was previously filed on the Tiger-Cat SEDAR profile. Tiger-Cat and C-Data continue to await receipt of conditional approval from the TSX-Venture Exchange. Upon such approval being received Tiger-Cat and C-Data intend to proceed with the delivery to their securityholders of the necessary disclosure documentation. It is the intention of Tiger-Cat that the Tiger-Cat shares will remain halted until further notice.
Brazilian and foreign oil companies reported 33 new oil discoveries in the first five months of 2007 as companies rushed to meet the minimum drilling requirements of exploration contracts and boost reserves as oil prices remained high, industry experts said.
CALGARY, ALBERTA--(Marketwire - May 2, 2008) -
Central Alberta Well Services Corp. (TSX VENTURE:CWC.A) ("CWC" or the "Company") announces that the Company has mailed its Notice of Meeting and Information Circular for the Company's Annual and Special Meeting to be held at the Fairmont Palliser Hotel on Wednesday, May 28, 2008 at 10:00 a.m. The Information Circular was mailed together with the Company's Financial Statements and Management's Discussion and Analysis for the fiscal year ended December 31, 2007. The Company also announces that it has prepared and filed its Annual Information Form ("AIF") for the fiscal year ended December 31, 2007 on SEDAR.
TransCanada Corporation today announced its wholly owned subsidiary, TransCanada PipeLines Limited(TransCanada), has reached a five-year settlement with interested stakeholders regarding 2007 tolls and costs for years 2008 to 2011 on its Canadian Mainline natural gas transmission system.
CALGARY, ALBERTA--(Marketwire - June 19, 2008) - Spry Energy Ltd. ("Spry" or the "Company") is pleased to announce that over 97% of the common shares of Calgas Exploration Ltd. ("Calgas") have been validly deposited pursuant to Spry's offer to acquire all of the outstanding common shares of Calgas (the "Offer"). Spry has exercised its statutory rights under the compulsory acquisition provisions of the Business Corporations Act (Alberta) to acquire the remaining Calgas shares that were not deposited pursuant to the Offer. Under the terms of the Offer, shareholders of Calgas received $1.34 cash for each Calgas share tendered pursuant to the Offer. The aggregate cash consideration paid to the shareholders of Calgas pursuant to the Offer was approximately $27.6 million. In addition, upon take-up of the Calgas shares Spry paid an amount of approximately $7.5 million to pay out Calgas' existing credit line.
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CALGARY, ALBERTA--(Marketwire - Dec. 4, 2007) -
Pan Orient Energy Corp.'s 53.5% owned subsidiary, Andora Energy Corporation ("Andora") (TSX VENTURE:POE), is pleased to announce that it has amicably resolved all outstanding issues with their Sawn Lake heavy oil project partner, Deep Well Oil and Gas Inc. ("Deep Well"), to both companies operational and commercial satisfaction. The settlement includes the following key points:
HOUSTON, TEXAS--(Marketwire - Nov. 30, 2007) - EnerGulf Resources Inc. (TSX VENTURE:ENG) is pleased to report that the co-venturers in Block 1711, offshore Namibia, at the previously announced Operating and Technical Committee meetings held this week in Moscow, have selected the drilling location for the Kunene #1 well and contracted a drillship for drilling of this, the first well on the Block.
PENNINGTON, N.J., May 30, 2007 (PRIME NEWSWIRE) -- WorldWater & Solar Technologies Corp. (OTCBB:WWAT) (formerly WorldWater & Power Corp.), developer and marketer of proprietary high-power solar systems, today announced that it will display the "Eco Raft" in Vancouver, Canada, at the Pacific Economic Summit on May 31. The raft will be seen at the California State Delegation Exhibit and will utilize WorldWater's solar power and water purification for the "Eco Raft -- Ideas for a Sustainable Future" that will make a six-week, 500-mile trip down the Yukon River starting in mid-June.
Spira Data Corp., a leading innovator and provider of electronic data acquisition software solutions, today announced that Firemaster Oilfield Services, Ltd., a full service safety company for the oil and gas industry, reports substantial return on investment with the Spira Wireless Field Ticketing (WFT) solution.
HOUSTON--(BUSINESS WIRE)--Dynegy Inc. (NYSE:DYN) today announced the transfer of 1,135 acres along the Middle Fork of the Vermilion River – the state’s only National Scenic River – to the Illinois Department of Natural Resources (IDNR). The Vermilion land donation was announced in March 2005 as part of Dynegy’s agreement to further lower air emissions from the company’s power generation facilities in Illinois and to complete other specified environmental projects. During the last eight years, Dynegy has reduced overall emissions of sulfur dioxide and nitrogen oxides from its Illinois coal-fired fleet by approximately 90 percent.
CALGARY, ALBERTA--(CCNMatthews - April 16, 2007) -
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Pan Orient Energy Corp. (TSX VENTURE:POE) is pleased to announce the Na Sanun-3 appraisal well, onshore Thailand, is currently drilling ahead at a depth of 821 meters, approximately 140 meters above the first volcanic target zone
Commenting on third quarter 2007 results, Canadian Natural's Chairman, Allan Markin stated, "As we exit the first nine months of the year, we continue with our defined plan to manage costs while maximizing value. With the Horizon Project at 84% complete, we remain on track for targeted first oil in the third quarter of 2008 and maintain our focus on execution. Our defined plan will be optimized to take into account the new royalty program that was announced by the Government of Alberta on October 25th and expected to take effect in 2009. The new royalty program will have a negative impact, which we are still attempting to fully define, on our development plans in 2008 and in the future. As a result, we will carefully adjust our activity to ensure we are maximizing returns for our shareholders."
OMAHA, NEBRASKA--(Marketwire - April 4, 2008) - Northern Border Pipeline Company (Northern Border) today announced that its wholly-owned subsidiary, Bison Pipeline LLC, has scheduled a binding open season for potential shippers to request firm pipeline capacity on a proposed new natural gas pipeline system. The proposed pipeline system, designated as the Bison Pipeline Project (Bison), would extend from natural gas gathering facilities located in the Powder River Basin supply area to a point of interconnection with Northern Border Pipeline Company in Morton County, North Dakota.
CALGARY, ALBERTA--(Marketwire - Oct. 15, 2007) - Bronco Energy Ltd. ("Bronco") (TSX:BCF) congratulates its joint venture partner, the Bigstone Cree Nation, on the execution of an Agreement in Principle ("AIP") with Canada and Alberta on its Treaty Land Entitlement claim. Bronco is not a participant in the AIP. This land claim is the largest settlement in Alberta and Canada. For more information and to view the October 12, 2007 press release from Indian and Northern Affairs Canada, please visit its website at http://www.ainc-inac.gc.ca/ and click on the "News Room" link.
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Central Alberta Well Services Corp. (TSX VENTURE:CWC) ("Central Alberta" or the "Company") announces that it is proceeding with its previously announced transaction for a $113 million recapitalization of the Company (the "Equity Financing"). The transaction involves an equity investment of up to $50 million in the Company by Tricap Partners Ltd. and the restructuring of the Company's existing $63 million three year term senior credit facility provided by Brookfield Bridge Lending Fund Inc. into a long-term revolving facility.
IRVINE, Calif., Aug. 15 /PRNewswire-FirstCall/ -- Eldorado Exploration, Inc. (Pink Sheets: EDEX) announced today that it has participated in drilling a potentially significant oil well in Stark County, North Dakota. The well was drilled to 9890' and logged Oil and Gas shows from 9600' to 9835'. The Company and its partners will initiate an acid frac to stimulate production from the carbonate mud mound called the Lodgepole Formation. The frac will commence on August 20th and the well completion should finish by the end of August.
CALGARY, ALBERTA--(Marketwire - Nov. 1, 2007) - Inter Pipeline Fund (Inter Pipeline) (TSX:IPL.UN) will announce its third quarter 2007 financial and operating results on November 8, 2007. A conference call has been scheduled for Thursday, November 8 at 2:30 p.m. (Mountain Time) / 4:30 p.m. (Eastern Time) for interested unitholders, analysts and media representatives.
NEW ORLEANS--(BUSINESS WIRE)--Energy Partners, Ltd. (NYSE: EPL) (“EPL” or the “Company”) today announced the preliminary results in connection with its previously announced cash tender offer (the “Offer”) to purchase any and all of its outstanding 8 3/4% Senior Notes due 2010 (the “Notes”) (CUSIP No. 29270UAC9) and related consent solicitation to amend the indenture pursuant to which the Notes were issued (the “Consent Solicitation”). As of 5:00 p.m., New York City time, on April 5, 2007, tenders and consents had been received from holders of a majority of the outstanding Notes.
LAS VEGAS, Oct. 23, 2007 (PRIME NEWSWIRE) -- SensorStat(r), the groundbreaking energy management device distributed by EnerBrite Technologies Group, Inc. (Pink Sheets:ETGU) provides a complete payback of investment in as little as 18 months. Residential and commercial buildings that use SensorStat(r) to regulate in-room temperatures boast an average 25% to 35% reduction in energy use. These savings typically result in an annual return on investment in excess of 40%.
CALGARY, ALBERTA--(Marketwire - May 14, 2008) - Questerre Energy Corporation ("Questerre" or the "Company") (TSX:QEC)(OSLO:QEC) announced today its financial and operating results for the first quarter of 2008.
VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 26, 2007) - WINFIELD RESOURCES LIMITED (TSX VENTURE:WWF) (the "Company") is pleased to announce that it has have received a non-binding Letter of Interest from SK Engineering & Construction, of Seoul, South Korea, to participate in the Company's proposed new refinery projects in Libya and Tunisia; as previously announced in News Releases dated July 4 & 17, 2007; on an exclusive engineering, procuring and construction basis.
INDEPENDENCE, Kan., Sept. 24 /PRNewswire-FirstCall/ -- Allenergy, Inc. , with a 17-year history in the oil and gas industry and current involvement in the multi-billion dollar natural gas fields in Kansas and Oklahoma, is pleased to announce major, important results were obtained by the perforation and acid stimulation of the Redd sand G-4-15 well on the Ball Lease which is one component of the Allenergy Project Four located in Chautauqua County, Kansas. During the acid procedure the presence of oil and gas was encountered and after this process the well was immediately on vacuum and was shut in.
NISKU, ALBERTA--(Marketwire - Oct. 17, 2007) -
Phoenix Oilfield Hauling Inc. (TSX VENTURE:PHN) is pleased to announce that it has, pursuant to a transaction agreement dated October 16, 2007, acquired all of the operating assets of Finnie Hauling & Storage Ltd. ("Finnie"). Finnie is a privately owned company based in Calgary, Alberta that specializes in the transportation of products, materials, supplies, and equipment required for the exploration, development and production of petroleum resources using specialized trucks and trailers designed for oilfield service. The acquisition is an arms-length transaction.
ORLANDO, Fla., April 21, 2008 (PRIME NEWSWIRE) -- RedChip Visibility, a division of RedChip Companies, Inc., announced today that CEOs and executive teams of 50 emerging small-cap companies will present at the RedChip Small-Cap Investor Conference at the Palace Hotel in San Francisco, California, June 5, 2008, from 8 a.m. to 5 p.m., PDT.
CALGARY, ALBERTA--(CCNMatthews - April 17, 2007) - Jim Schultz, President, Enbridge Income Fund (TSX:ENF.UN), will be presenting at the CIBC World Markets 2007 Energy Conference in Toronto on Thursday April 19, 2007, at 1:40 p.m. ET.
HOUSTON, TEXAS AND CALGARY, ALBERTA--(Marketwire - Oct. 23, 2007) - Wescorp Energy Inc. (OTCBB:WSCE), an oil and gas solutions company, today unveiled its comprehensive operations and maintenance (O&M) Oil Management Solution, a field engineering and process management system designed for both conventional and unconventional oil operations.
CALGARY, Alberta, April 4 /PRNewswire-FirstCall/ -- Source Petroleum, Inc. (BULLETIN BOARD: SOPO) is pleased to announce the production tie in for its gas discovery at Woking, Alberta is nearly complete and expect production by mid April.
Exxon Mobil Corporation will pay $650,000 to settle the department’s allegations that the refinery discharged wastewater considered hazardous waste by virtue of its selenium concentration, from its facility in Torrance to the Los Angeles County Sanitation District for at least five years.
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