Headlines for April 6, 2017

  1. Task Force Recommends Major Overhaul Of Environmental Assessment Process

    An expert panel tasked by the federal government to review the current environmental assessment (EA) process with an aim of restoring public trust says current assessment processes under the Canadian Environmental Assessment Act are incapable of resolving the often disparate points of view of stakeholders.

  2. Heritage Royalty - Palliser Q2 2017 Prospects

    Heritage Resource Limited Partnership referred to as “Heritage” is marketing fee simple mineral rights for Farmout/Lease with respect to three Mannville prospect areas on the Palliser Block. 

  3. Raging River Responds To Market Speculation

    Responding to “recent market speculation” on the appointment of a financial advisor by Raging River Exploration Inc., the company said that “as part of our normal business practice, Raging River has previously and will continue to engage financial advisors to assist in the execution of its long term business plan.”

  4. Leucrotta In Montney Land Acquisition

    Leucrotta Exploration Inc. has entered into agreements with public Alberta based oil and gas companies to acquire 18.5 net sections of land located within Leucrotta's higher confidence mapping area encompassing 116 gross (105 net) sections of the Lower Montney Turbidite Light Oil Resource Play for $36 million.

  5. Leucrotta Increases Size Of Bought Deal Financing To $80 Million

    Leucrotta Exploration Inc. announced that in connection with its April 5, 2017 announced bought-deal financing Leucrotta has entered into a revised agreement with the syndicate of underwriters, co-led by Haywood Securities Inc. and National Bank Financial Inc., pursuant to which the underwriters have agreed to increase the size of the bought-deal financing.

  6. Birchcliff Announces Increase In Ownership By Seymour Schulich

    Seymour Schulich has informed Birchcliff Energy Ltd. that he recently acquired control and direction over an additional two million common shares of the company through the facilities of the Toronto Stock Exchange at an average purchase price of $7.84 per common share.

  7. Petrolia In Anticosti Negotiation

    Petrolia Inc. confirms that, in response to a request for clarification from Hydrocarbures Anticosti (HASEC) concerning the status of the Anticosti project in light of the request that the island be recognized as a UNESCO world heritage site, the gouvernement du Québec has begun negotiations with the company and its partners in HASEC with the goal of ending oil and gas exploration on Anticosti Island.

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