Headlines for April 19, 2017

  1. Rig Release Count Up Significantly In Q1

    Producers rig released 2,348 wells across Canada in the first quarter of 2017, excluding experimental holes, an increase of 115 per cent from 1,091 wells drilled in the first three months a year ago.

  2. Jury Still Out On East Coast LNG Projects

    The reluctance of Western Canadian natural gas producers to sign long-term gas supply contracts is a major factor in the difficulty Canadian LNG projects are having gaining traction , says an executive behind  an LNG terminal  proposed for the East Coast.

  3. Total Continues To Acquire Savanna Shares

    Total Energy Services Inc., in connection with its previously announced offer  to purchase all of the issued and outstanding common shares of Savanna Energy Services Corp., says  that it purchased 45,000 shares Tuesday through the Toronto Stock Exchange.

  4. Athabasca Oil Issues Statement Regarding Information Circular

    Athabasca Oil Corporation has advised that on page 3 of its Information Circular - Proxy Statement dated March 24, 2017 which was filed on SEDAR April 3, 2017, the company mistakenly stated that no person or company beneficially owned or controlled more than 10 per cent of the outstanding common shares of Athabasca as of March 24, 2017.

  5. Xtreme Announces Terms Of $25 Million Issuer Bid

    Xtreme Drilling Corp. has announced the terms of its previously announced substantial issuer bid pursuant to which it will offer to purchase for cancellation up to 10,416,667 of its common shares for an aggregate purchase price not to exceed C$25 million.


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