HOUSTON, TEXAS–(Marketwired – Nov. 17, 2017) – Greenfields Petroleum Corporation (the “Company” or “Greenfields“) (TSX VENTURE:GNF), an independent exploration and production company with producing assets in Azerbaijan, announces its financial results and operating highlights for the third quarter of 2017. Selected financial and operational information is set out below and should be read in conjunction with the Company’s complete financial statements as of and for the three and nine months ended September 30, 2017, with the notes thereto and related management’s discussion and analysis (“MD&A“), which can be found on Greenfields’ website at www.Greenfields-Petroleum.com and on SEDAR at www.sedar.com. … Continue Reading
VANCOUVER, BRITISH COLUMBIA–(Marketwired – Nov. 17, 2017) – Petro Vista Energy Corp. (“Petro Vista” or the “Company”) (TSX VENTURE:PTV) announces that effective immediately Mr. Dan Placzek has replaced Mr. Darren Devine as President, CEO, Corporate Secretary and as a director of the Company.
Mr. Placzek’s appointment refocuses the Company’s business strategy towards acquiring high value assets or a business in the technology sector. Mr. Placzek is a corporate development consultant with a focus over the past 10 years in emerging private and public companies principally in the technology and bio-technology sectors.
ON BEHALF OF PETRO VISTA ENERGY CORP.
Dan Placzek, … Continue Reading
TORONTO, ONTARIO–(Marketwired – Nov. 17, 2017) – Changfeng Energy Inc., (TSX VENTURE:CFY) (“Changfeng” or “the Company”), an energy provider in the People’s Republic of China (‘PRC’), announces that in 2017 Changfeng began a three-year plan to strategically shift its corporate focus towards sustainable energy in combination with natural gas to become an integrated energy provider in the PRC. Changfeng has always strived to provide natural gas to our customers, a cleaner alternative to coal, since the Company’s inception over 20 years ago. As the Chinese economy now moves away from fossil fuel dependency in accordance with central government guidance, Changfeng … Continue Reading
VANCOUVER, BRITISH COLUMBIA–(Marketwired – Nov. 16, 2017) – ShaMaran Petroleum Corp. (“ShaMaran” or the “Company”) (TSX VENTURE:SNM)(OMX:SNM) is pleased to announce its financial and operating results for the three and nine months ended September 30, 2017. Unless otherwise stated all currency amounts indicated as “$” in this news release are expressed in thousands of United States dollars.
HIGHLIGHTS AND DEVELOPMENTS
VANCOUVER, BRITISH COLUMBIA–(Marketwired – Nov. 16, 2017) – Africa Oil Corp. (“Africa Oil”, “AOC” or the “Company”) (TSX:AOI) (OMX:AOI) announced today that it had acquired 29,200,000 common shares of Eco (Atlantic) Oil and Gas Ltd. (“Eco” or the “Company”) (TSXV:EOG or AIM:ECO) for CAD$0.48 per common share. The common shares acquired by Africa Oil, represent approximately 19.77% Eco’s issued and outstanding share capital. The common shares were acquired by private arrangement through the facilities of the TSX Venture Exchange on November 15, 2017 for a total consideration of CAD$14,016,000 (approximately US$10.9 million).For further information, please contact: Keith Hill, Telephone… Continue Reading
AMHERST, SOUTH DAKOTA–(Marketwired – Nov. 16, 2017) – News Release – TransCanada (TSX:TRP) (NYSE:TRP) crews safely shut down its Keystone pipeline at approximately 6 a.m. CST (5 a.m. MST) after a drop in pressure was detected in its operating system resulting from an oil leak that is under investigation. The estimated volume of the leak is approximately 5,000 barrels. The section of pipe along a right-of-way approximately 35 miles (56 kilometres) south of the Ludden pump station in Marshall County, South Dakota was completely isolated within 15 minutes and emergency response procedures were activated.
Crews, including TransCanada specialists from emergency … Continue Reading
TORONTO, ONTARIO–(Marketwired – Nov. 16, 2017) – Tanzanian Royalty Exploration Corporation (TSX:TNX)(NYSE American:TRX)(NYSE MKT:TRX) hereinafter (the “Company”) is pleased to provide an update on the excellent international relations between the Company and the United Republic of Tanzania, together with an update on the outstanding progress on the Buckreef Project mine layout.
“Our relationship with Tanzania is excellent. The dedicated commitment of the Company and the nation of Tanzania have resulted in great progress in our moving forward toward commercial gold production. We are very pleased to have moved beyond any issues of the past and into an amicable, productive and … Continue Reading
CALGARY, Alberta, Nov. 16, 2017 (GLOBE NEWSWIRE) — RMP Energy Inc. (the “Company“) (TSX:RMP) is pleased to announce that the Toronto Stock Exchange (“TSX“) has accepted the Company’s notice of intention to commence a normal course issuer bid (the “NCIB“). Under the NCIB, the Company may purchase for cancellation, from time to time, as it considers advisable, up to a maximum of 12,000,000 common shares of the Corporation (“Common Shares“), which represents approximately 9% of its 136,661,148 public float as at November 9, 2017. Purchases of Common Shares may be made on the open market through the facilities of the … Continue Reading
CALGARY, Nov. 16, 2017 /CNW/ – Yangarra Resources Ltd. (“Yangarra” or the “Company”) (TSX:YGR) has increased the syndicated senior credit facility to $120 million. The banking syndicate is led by Alberta Treasury Branches and includes Canadian Imperial Bank of Commerce and National Bank of Canada.
The facility is now comprised of a $110 million extendible revolving term credit facility and a $10 million operating facility. All other commercial terms remain the same with the next borrowing base review scheduled for May 31, 2018.
The increased facility allows Yangarra to shift capital spending, as necessary, from Q1 … Continue Reading
Capital investment drives 7G towards 100,000 boe/d of production growth over a five-year period while transitioning to free cash flow
CALGARY, ALBERTA–(Marketwired – Nov. 16, 2017) – Seven Generations Energy’s Board of Directors has approved 2018 capital investment of $1.675 to $1.775 billion, which will target an average production range of 200,000 to 210,000 boe/d in 2018 and build the longer-term capacity to produce 220,000 to 240,000 boe/d in 2019. At the midpoint of each year’s production forecast, this represents a compound annual growth rate of approximately 15 percent from forecasted 2017 average production. 7G expects its production to be … Continue Reading
TORONTO, Nov. 16, 2017 /CNW/ – Kerr Mines Inc. (TSX: KER, OTC: KERMF, FRA: 7AZ1) (“Kerr” or the “Company”) is pleased to announce positive initial metallurgical results including an evaluation into the accretive recovery of copper from gold bearing zones for the upcoming Prefeasibility Study.
The initial results of the gold testing to date … Continue Reading
VANCOUVER, Nov. 16, 2017 /CNW/ – IsoEnergy Ltd. (“IsoEnergy” or the “Company“) (TSXV: ISO; OTCQX: ISENF), is pleased to provide an update on its uranium exploration activities in the Eastern Athabasca Basin of Saskatchewan. These activities include the completion of a program of DC-Resistivity geophysical surveying at its Thorburn Lake property and the identification of key drilling targets at its newly acquired Geiger property. The Company is also re-assessing its exploration plans and targets on its Radio property in light of the recent discovery of high-grade mineralization by Denison Mines Corp. and a Korean consortium at their Huskie Zone, … Continue Reading