As at November 29, 2024Show prices
As at November 29, 2024Show prices
WestFire exited the first quarter with field estimated production in excess of 11,000 boepd (70 percent oil and natural gas liquids) with an additional 17 (15.8 net) Viking horizontal oil wells awaiting completion. During the first quarter, WestFire’s production averaged 8,900 boepd for an increase of 221 percent over the same period in the prior… Read More
STORAGEVAULT CANADA INC. (StorageVault) (SVI-TSX-V) is pleased to announce the acquisition of 2.16 acres of undeveloped land in Saskatoon, Saskatchewan. The acquisition was conducted through a Court approved sales process with the transfer of title being conveyed to StorageVault on April 9, 2012. The aggregate purchase price was $480,000 (subject to customary adjustments) and was… Read More
STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V) is pleased to announce results for the fiscal year ended December 31, 2011. Highlights for the fiscal year are presented below. StorageVault’s annual financial statements and management’s discussion and analysis for the year ended December 31, 2011 are filed on SEDAR and available at www.sedar.com. Highlights of the Fiscal Year:… Read More
CALGARY, ALBERTA–(Marketwire – March 29, 2012) – CanElson Drilling Inc. (“CanElson” or the “Company”) (TSX:CDI) announces that it has entered into an amalgamation agreement (the “Agreement“) to acquire all of the issued and outstanding securities of CanGas Solutions Ltd. (“CanGas“), which currently provides natural gas transport services in Alberta and Saskatchewan (the “Acquisition“). These services… Read More
March 15 2012 (REGINA) – SaskWorks’ investee Crusader Drilling Corp. was recognized as the Business Expansion award winner at the Yorkton Chamber of Commerce and SaskPower’s Celebrate Success Business Awards ceremony on March 14, 2012. Crusader has been growing to meet the increasing demands of the oil industry in Saskatchewan, Manitoba and Alberta since the… Read More
REGINA, Saskatchewan (March 8, 2012) – Saskatchewan investors have demonstrated their confidence in the strength of the province’s economy by investing a record-breaking $55 million in the SaskWorks Venture Fund in 2012, helping the Fund achieve its second consecutive sell-out year! The Fund’s unprecedented raise was made possible by the Provincial Government’s recent increase in… Read More
REGINA, Saskatchewan (February 28, 2012) – As at 3:45 pm CST, Tuesday, February 28th, 2012, SaskWorks Venture Fund Inc. (the “Fund”) has reached its fifty-five million dollar (CDN) ($55,000,000.00) annual fundraising cap and is fully-subscribed. Under the Labour-Sponsored Venture Capital Corporation Act and the Income Tax Act (Canada), SaskWorks is required to decline subscriptions received… Read More
CALGARY, ALBERTA–(Marketwire – Feb. 21, 2012) – CanElson Drilling Inc. (“CanElson” or the “Company”) (TSX:CDI) announced today a management addition, an update to the Corporation’s ongoing rig construction program and that it expects to announce its 2011 year-end financial results on March 12, 2012 before markets open. Mr. Ronald P. Barmby, P.Eng, M.Eng, has joined… Read More
CALGARY, Alberta, (January 30, 2012) WestFire Energy Ltd. (“WestFire” or the “Company”) (TSX: WFE) is pleased to provide the following update. Highlights 2011 exit production of 9,300 barrels of oil equivalent per day (“boepd”), exceeding its 9,000 boepd exit rate guidance Fourth quarter average production of 8,618 boepd (68% liquids weighted), which is within 2%… Read More
CALGARY, ALBERTA–(Marketwire – Jan. 25, 2012) – CanElson Drilling Inc. (“CanElson” or the “Company”) (TSX:CDI) announced today that it has a patent pending for the fueling of mobile equipment with stranded or flared natural gas. Stranded gas is defined as natural gas that is not being moved from the well to market due to a… Read More