Headlines for Nov. 15, 2017

  1. OGC Issues More Dam Compliance Orders

    Following more recent inspections of dams used by the oil and gas industry in northeast British Columbia, the BC Oil and Gas Commission has issued three compliance orders to ensure they are safe and pose no threat to the environment.

  2. Public Support For Mexico Reform Remains Weak: Survey

    Public support for the reform of Mexico’s oil and gas industry and the end of the monopoly of state-owned Petroleos Mexicanos (Pemex) remains weak, despite the success of several auctions of former Pemex-owned blocks to private sector firms.

  3. Ikkuma Closes Escrow Of Foothills Acquisition

    Ikkuma Resources Corp.’s acquisition of certain assets located in the Alberta Foothills as well as in the British Columbia Deep Basin for cash consideration of $34 million has closed in escrow.

  4. Surge Energy Closes Convertible Debenture Financing

    Surge Energy Inc. has closed its previously announced convertible debenture financing agreement with a syndicate of underwriters, led by NBF, pursuant to which the underwriters purchased $44.5 million principal amount of debentures at a price of $1,000 per debenture, on a bought deal basis.

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