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Hibiscus Petroleum Completes Acquisition of North Sabah PSC from Shell

- Hibiscus Petroleum secures second revenue stream with completion of the transaction to acquire 50% participating interests in the North Sabah PSC from Shell. - Operatorship of the assets have been transferred from Shell to SEA Hibiscus. - Significant boost in Hibiscus Petroleum?s oil production and 2P Reserves. KUALA LUMPUR, Apr 2, 2018 - (ACN Newswire) - Hibiscus Petroleum Bhd (HIBISCS; MYX: 5199) is pleased to announce that its indirect wholly owned subsidiary SEA Hibiscus Sdn Bhd (SEA Hibiscus) has completed its acquisition of a 50% participating interest in the 2011 North Sabah Enhanced ...

02.04.2018

Hibiscus Petroleum Completes Acquisition of North Sabah PSC from Shell

- Hibiscus Petroleum secures second revenue stream with completion of the transaction to acquire 50% participating interests in the North Sabah PSC from Shell. - Operatorship of the assets have been transferred from Shell to SEA Hibiscus. - Significant boost in Hibiscus Petroleum?s oil production and 2P Reserves. KUALA LUMPUR, Apr 2, 2018 - (ACN Newswire) - Hibiscus Petroleum Bhd (HIBISCS; MYX: 5199) is pleased to announce that its indirect wholly owned subsidiary SEA Hibiscus Sdn Bhd (SEA Hibiscus) has completed its acquisition of a 50% participating interest in the 2011 North Sabah Enha ...

02.04.2018

Exploration & Production Offshore Congress Hub 2018

BGS Group is launching the 2nd edition of the Exploration & Production Offshore Congress Hub 2018 (EPOCH 2018) on the 3-4 of December 2018, Greece. EPOCH 2018, a closed-door upstream event for experts in Offshore Oil&Gas industry. The Congress addresses commercial aspects of the upstream offshore sector (key trends and tendencies in the offshore petroleum sector, strategies for the period of recovery, oil price forecast, cost efficiency, sustainable profitability, asset integrity and lifetime extension together with HSE issues and renewable energy role in O&G) and focuses on th ...

30.03.2018

Africa Energy to Acquire Additional Interest in South Africa

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 11/20/17 -- Africa Energy Corp. (TSX VENTURE: AFE) ("Africa Energy" or the "Company") announces the signature of definitive agreements to acquire an effective 4.9% interest in the Exploration Right for Block 11B/12B offshore South Africa.Block 11B/12B is located in the Outeniqua Basin approximately 175 kilometers off the southern coast of South Africa. The block covers an area of approximately 19,000 square kilometers with water depths ranging from 200 to 2,000 meters.Total E&P South Africa BV ("Total"), a whol ...

20.11.2017

Petro Vista Completes Announces Management and Board Change

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 11/17/17 -- 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 co ...

17.11.2017

Changfeng Energy Inc. Announces Shift in Strategic Focus

TORONTO, ONTARIO -- (Marketwired) -- 11/17/17 -- 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 ...

17.11.2017

Seven Generations sharpens focus on returns in multi-year, fully-funded organic growth plan with expanded core drilling inventory

CALGARY, ALBERTA -- (Marketwired) -- 11/16/17 -- 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 comprised of 55 to 60 percent natural gas liquids by v ...

16.11.2017

Suncor Energy announces 2018 capital program and production outlook

CALGARY, ALBERTA -- (Marketwired) -- 11/15/17 -- Suncor released its 2018 corporate guidance today which includes a capital program of between $4.5 and $5.0 billion and average upstream production of 740,000 to 780,000 barrels of oil equivalent per day (boe/d). The midpoints of these ranges represent a year over year production increase of more than 10 per cent and a capital spending reduction of approximately $750 million.Suncor''s Oil Sands operations cash operating costs per barrel are maintained at $23.00 - $26.00 despite the five-year major planned maintenance turnaround at Upg ...

15.11.2017

Birchcliff Energy Ltd. Announces TSX Approval for Normal Course Issuer Bid

CALGARY, ALBERTA -- (Marketwired) -- 11/15/17 -- Birchcliff Energy Ltd. ("Birchcliff" or the "Corporation") (TSX: BIR) is pleased to announce that the Toronto Stock Exchange (the "TSX") has accepted the Corporation''s notice of intention to make a normal course issuer bid (the "NCIB").Birchcliff believes that within a continued volatile market environment, the prevailing market price of its common shares ("Common Shares") from time to time may not reflect the underlying value of such shares. Accordingly, depending on the market pric ...

15.11.2017

PrairieSky Royalty Declares November Dividend

CALGARY, ALBERTA -- (Marketwired) -- 11/15/17 -- PrairieSky Royalty Ltd. ("PrairieSky") (TSX: PSK) announced today that its Board of Directors has declared a dividend of CDN $0.0625 per common share, payable in cash on December 15, 2017 to shareholders of record on November 30, 2017. This dividend is designated as an "eligible dividend" for Canadian income tax purposes.About PrairieSky Royalty Ltd.PrairieSky is a royalty-focused company, generating royalty revenues as petroleum and natural gas are produced from its properties. PrairieSky has a diverse portfolio of propert ...

15.11.2017

Crescent Point Energy Confirms November 2017 Dividend

CALGARY, ALBERTA -- (Marketwired) -- 11/15/17 -- Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG)(NYSE: CPG) confirms that the dividend to be paid on December 15, 2017, in respect of November 2017 production, for shareholders of record on November 30, 2017, will be CDN$0.03 per share.These dividends are designated as "eligible dividends" for Canadian income tax purposes. For U.S. income tax purposes, Crescent Point''s dividends are considered "qualified dividends."Crescent Point is a leading North American light and ...

15.11.2017

Quantico Energy Solutions Introduces QOpt

HOUSTON, TX -- (Marketwired) -- 11/15/17 -- Quantico Energy Solutions (Quantico) announced today the release of QOpt, a drilling optimization solution that maximizes rate of penetration (ROP) and reduces the overall cost to drill a well. This artificial intelligence (AI) technology identifies the optimal drilling parameters by simultaneously incorporating actual formation properties and analyzing offset drilling data -- all in real-time.QOpt generates real-time unconfined compressive strength (RT-UCS) by processing the data already collected during the drilling process. By comparing trends in ...

15.11.2017

Storm Resources Ltd. ("Storm" or the "Company") is Pleased to Announce Its Financial and Operating Results for the Three and Nine Months Ended September 30, 2017

CALGARY, ALBERTA -- (Marketwired) -- 11/14/17 -- Storm Resources Ltd. (TSX: SRX)Storm has also filed its unaudited condensed interim consolidated financial statements as at September 30, 2017 and for the three and nine months then ended along with Management''s Discussion and Analysis ("MD&A") for the same period. This information appears on SEDAR at and on Storm''s website at .Selected financial and operating information for the three and nine months ended September 30, 2017 appears below and should be read in conjunction with the related financial stateme ...

15.11.2017

Suncor Energy declares dividend

CALGARY, ALBERTA -- (Marketwired) -- 11/14/17 -- Suncor''s Board of Directors has approved a quarterly dividend of $0.32 per share on its common shares, payable December 22, 2017 to shareholders of record at the close of business on December 1, 2017.Suncor Energy is Canada''s leading integrated energy company. Suncor''s operations include oil sands development and upgrading, offshore oil and gas production, petroleum refining, and product marketing under the Petro-Canada brand. A member of Dow Jones Sustainability indexes, FTSE4Good and CDP, Suncor is working to ...

14.11.2017

Africa Oil 2017 Third Quarter Financial and Operating Results

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 11/14/17 -- Africa Oil Corp. ("Africa Oil" or the "Company") (TSX: AOI)(OMX: AOI) is pleased to announce its financial and operating results for the three and nine months ended September 30, 2017.As at September 30, 2017, the Company had cash of $423.9 million and working capital of $443.1 million as compared to cash of $463.1 million and working capital of $435.0 million at December 31, 2016. During the second quarter of 2017, further to the previously announced farmout agreement (press release 4th February 2016), the Compa ...

14.11.2017

Changfeng Energy Announces Establishment of Joint Venture Company With EDF China in Sanya, Hainan, China

TORONTO, ONTARIO -- (Marketwired) -- 11/14/17 -- Changfeng Energy Inc. (TSX VENTURE: CFY) ("Changfeng"), an energy provider in China, is pleased to announce the joint venture company between Sanya Changfeng New Energy Investment Co., Ltd. ("the Company"), a wholly owned subsidiary of Changfeng Energy Inc., and EDF (China) Holding Ltd., a wholly owned subsidiary of the EDF Group has been established.The joint venture company is named Sanya EDF Changfeng Energy Management Co., Ltd., with 50 percent ownership respectively. The joint venture has a registered capital of 100 mi ...

14.11.2017

Tethys Petroleum Press Release: 2017 Q3 Results

GRAND CAYMAN, CAYMAN ISLANDS -- (Marketwired) -- 11/14/17 -- Tethys Petroleum Limited ("Tethys" or "the Company") (TSX: TPL) today announced its results for the quarter ended September 30, 2017.Q3 Financial Highlights(all figures reported in USD unless stated otherwise. 2016 amounts are for the quarter ended September 30, 2016)Operational HighlightsOilGasQ3 Significant Events and TransactionsSignificant events and transactions subsequent to the period endThe full Q3 results, together with Management''s Discussion and Analysis, have been filed with the Canadian s ...

14.11.2017

Bayport International Holdings, Inc. (OTC Pink: BAYP) Announces Strategic Partnership with GreenLink Financial

DALLAS, TX -- (Marketwired) -- 11/14/17 -- Bayport International Holdings Inc. (OTC PINK: BAYP) has finalized a strategic partnership with GreenLink Financial LLC, a specialty financial services provider for highly-regulated banking challenged businesses. GreenLink Financial partnerships provide FinCEN registered banking services, electronic business to business payment systems, electronic processing services and lending to high risk markets.Management of Bayport believes that it is imperative for the players in the medicinal cannabis industry to operate in an ethical manner. "The more w ...

14.11.2017


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