News by subject: OIL/GAS EXPLORATION UPDATE

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Pulse Oil Corp. ("Pulse" or the "Company") announces that Pulse has signed two new agreements with arms-length parties to acquire independently...

Earlier this year, Petrolia Energy Corporation ("Petrolia" or the "Company") completed the acquisition of 60% net working interest in the Twin Lakes San Andres Unit ("TLSAU") lease, located in Chaves County, New Mexico, bringing its total ownership...

Africa Oil Corp. (OMX:AOI) ("Africa Oil", "AOC" or the "Company") is pleased to announce that following the drilling of the successful Erut-1 (Block 13T) exploration well in January, 2017, which extended the proven oil limits to the northernmost end...

Canacol Energy Ltd. ("Canacol" or the "Corporation") is pleased to announce that it has purchased Pacific Exploration and Production's ("PEP") 50% operated interest in the SSJN7 Exploration and Production ("E&P") Contract for a consideration of the...

Vital Energy Inc. ("Vital") announced today, further to its news releases dated March 31, 2017 and April 21, 2017, further details on the 4 leases acquired at the Saskatchewan Crown land sale in the Pennant Area project lands. Pursuant to its...

Vital Energy Inc. ("Vital") announces that, further to its news release dated March 31, 2017, and the agreement with a Third Party described therein, the Third Party has made the first cash advance to Vital under the terms of the agreement. Vital...

Encana continues to successfully advance its five-year plan which it expects will deliver industry-leading cash flow growth and returns. The company's Montney asset plays an integral part in this plan and will contribute significant high-value...

Xtreme Drilling Corp. ("Xtreme", the "Company") is pleased to provide a first quarter 2017 operations update along with the dates for the quarterly earnings release and conference call. First Quarter Update For the first quarter of...

Husky Energy has signed a Production Sharing Contract (PSC) for a new exploration block offshore China. Block 16/25 is located in the Pearl River Mouth Basin, about 150 kilometres southeast of the Hong Kong Special Administrative Region.The Company...

OneSoft Solutions Inc. (the "Company" or "OneSoft") is pleased to advise that its wholly owned subsidiary, OneBridge Solutions Inc. ("OneBridge"), participated as a patron of the Banff 2017 Pipeline Workshop that was held at the Banff Centre on...

Canacol Energy Ltd. ("Canacol" or the "Corporation") is pleased to report on the conventional natural gas prospective resources (resources other than reserves, ROTR) for its Esperanza, VIM-21, VIM-5, and VIM-19 exploration blocks in the Lower...

Xtreme Drilling Corp. ("Xtreme", the "Company")  is pleased to announce the next steps in the strategic direction of the Company. The recent announcement of the 850XE rig upgrades and the XDR 500 optimization program was the first step in...

Leucrotta Exploration Inc. ("Leucrotta" or the "Company") is pleased to announce its 2016 year-end reserves as independently evaluated by GLJ Petroleum Consultants Ltd. ("GLJ") effective December 31, 2016 (the "GLJ Report"), in accordance with...

Torchlight Energy Resources, Inc. ("Torchlight" or the "Company"), today announced that along with their operating partner Founders Oil and Gas, LLC ("Founders"), the Company has signed a Drilling and Development Unit (DDU) Agreement with University...

Africa Energy Corp.  ("Africa Energy" or the "Company) announces that it has terminated the farmout agreement (the "Farmout Agreement") entered into on November 29, 2016 with a subsidiary of Pancontinental Oil & Gas N.L. ("Pancontinental"). Pursuant...

Tethys Petroleum Limited (LSE:TPL) ("Tethys" or the "Company") today announces that Great Wall Drilling Company was the winner of a tender for a ten well shallow gas well drilling program. Tethys now has ten (10) days to sign a contract with Great...

Canacol Energy Ltd. ("Canacol" or the "Corporation") is pleased to provide an update on the Mono Capuchino 1ST exploration well and the Corporation's drilling program.  ...

Canacol Energy Ltd. ("Canacol" or the "Corporation") is pleased to report its light, medium and heavy crude oil and conventional natural gas reserves and deemed volumes for the fiscal year end December 31, 2016. The Corporation engaged DeGolyer and...

Dundee Energy Limited ("Dundee Energy" or the "Corporation") today announced that the arbitral tribunal of the International Chamber of Commerce rendered its decision related to the Castor Project in Spain, denying the claim made by Castor UGS...

NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW. Prairie Provident Resources Inc. ("Prairie Provident" or "PPR" or...

Mooncor Oil & Gas Corp. (the "Company") is pleased to announce that it has filed its Statement of Reserves Data and other Oil and Gas Information (the "Report") highlighting the oil and natural gas reserves, which are in the Provinces of Alberta and...

NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS. Questfire Energy Corp. (the Corporation or Questfire) is pleased to announce the results of its independent reserves evaluation effective as of December 31, 2016 as prepared by...

Birchcliff Energy Ltd. ("Birchcliff") today announced that it will pursue the sale of its oil and natural gas properties and related assets on the Charlie Lake Light Oil Resource Play located in the Peace River Arch of Alberta (the "Assets")....

Touchstone Exploration Inc. ("Touchstone" or the "Company") announces the results of the independent December 31, 2016 reserve evaluation (the "Reserves Report") with respect to the Company's crude oil reserves in the Republic of Trinidad and Tobago...

Mooncor Oil & Gas Corp. (the "Company") is pleased to announce that Further to the January 12, 2017 press release, Mooncor Oil and Gas Corp. has conducted field operations at the Company's two Lloydminster wells (the "Wells) and is pleased to...

Serinus Energy Inc. ("Serinus", "SEN" or the "Company")  (WARSAW:SEN), announces the results of the 2016 year-end evaluation of its oil and gas reserves. The evaluation was prepared by RPS Energy Canada Ltd. ("RPS") in accordance with Canadian...

Torchlight Energy Resources, Inc. ("Torchlight" or the "Company"), today announced that they have begun the flowback and cleanup stage of testing on the Company's next Midland Basin well, the Flying B Ranch #2. Next steps toward bringing the well...

Craft Oil Ltd. ("Craft" or the "Company") is pleased to announce that it has closed the previously announced sale of non-core assets (the "Disposition"), comprised of approximately 410 boe per day (weighted 95% natural gas), in the Judy Creek /...

Serinus Energy Inc. ("Serinus", "SEN" or the "Company") (WSE:SEN) announces that it has temporarily shut-in production at the Chouech Es Saida field in Tunisia. This field was previously shut-in on January 10, 2017, as announced in a press release...

Zargon Oil & Gas Ltd. (the "Company" or "Zargon") announces fourth quarter 2016 production volumes and announces 2016 year end reserves. Zargon intends to release its 2016 audited financial results on March 15, 2017, after market close. 2016...

Torchlight Energy Resources, Inc. ("Torchlight" or the "Company"), today announced that it has completed the first of a two-stage frac in the lower interval of the Wolfcamp formation using 200,000 lbs. of sand.The frac procedure, originally planned...

NOT FOR DISTRIBUTION TO UNITED STATES NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES Blackbird Energy Inc. ("Blackbird" or the "Company") is pleased to announce that it has entered into a non-binding letter of nomination (the...

ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (OMX:SNM) reports estimated reserves and contingent resources for the Atrush block as of December 31, 2016. The reserves and contingent resources estimates were provided by McDaniel & Associates...

Gear Energy Ltd. ("Gear" or the "Company") is pleased to present the following results and analysis of its 2016 year-end independent reserve report prepared by GLJ Petroleum Consultants Ltd. ("GLJ"). In 2016 Gear invested $71.7 million...

Peyto Exploration & Development Corp. ("Peyto" or the "Company") is pleased to present the results and analysis of its independent reserve report effective December 31, 2016. The evaluation encompassed 100% of Peyto's reserves, was conducted by...

?Spartan Energy Corp. ("Spartan" or the "Company") is pleased to provide a summary of our 2016 year-end reserves and an operational update. Reserve numbers presented herein were derived from an independent reserves report (the "Sproule Report")...

Range Energy Resources Inc. ("Range" or the "Company") announced today that, Gas Plus Khalakan ("GPK"), the sole contractor of the Khalakan PSC in the Kurdistan Region of Iraq, issued an operations update regarding the Shewashan field. ...

Raging River Exploration Inc. ("Raging River" or the "Company") is pleased to present the results of the independent reserves report (the "Sproule Report") prepared by Sproule Associates Ltd. ("Sproule") as of December 31, 2016.  During...

Bonterra Energy Corp. (www.bonterraenergy.com) ("Bonterra" or "the Company") is pleased to provide the summary results of its independent reserve report (the "Sproule Report") prepared by Sproule Associates Limited ("Sproule") with an effective date...

Synergy Resources Corporation ("Synergy" or the "Company"), an oil and gas exploration and production company focused in the Denver-Julesburg Basin, today issues its preliminary fourth quarter and year-end December 31, 2016 financial...

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW Tom Alford, President and CEO of High Arctic Energy...

Serinus Energy Inc. ("Serinus", "SEN" or the "Company") (WARSAW:SEN) announces that it has resumed production at the Chouech Es Saida field in Tunisia. This field was initially shut-in on January 10, 2017, in anticipation of a three-day strike with...

Bonavista Energy Corporation ("Bonavista") is pleased to report that our 2016 exploration and development ("E&D") program has resulted in a finding and development ("F&D") cost of $6.97 per barrel of oil equivalent ("boe") on a proved plus probable...

Athabasca Oil Corporation ("Athabasca" or the "Company") is pleased to announce the closing of the Thermal Oil asset acquisition from Statoil Canada Ltd. ("Statoil") establishing the Company as an intermediate oil weighted growth company with a low...

Petrogas Company, Inc. ("Petrogas Company" or "the Company"), today announced that it has acquired a fractional interest in 6 producing oil and gas wells located in Carter and LeFlore County, Oklahoma & Brazos and Fayette County, Texas. The wells...

Torchlight Energy Resources, Inc. ("Torchlight" or the "Company"), today provided an update to its Orogrande Basin Project and Hazel Project which is located in the prolific Permian Basin.Torchlight Energy's consulting geologist, Rich Masterson,...

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Trinidad Drilling Ltd. ("Trinidad" or "the Company") announced today that it expects to spend approximately $40 million in capital expenditures...

Editor's Note: There is one map associated with this news release. Mooncor Oil & Gas Corp. (the "Company") is pleased to announce that it's wholly owned subsidiary, Primary Petroleum Company USA, Inc., has been approached by American...

Africa Oil Corp. ("Africa Oil", "AOC" or the "Company") (OMX:AOI)  is pleased to announce that the Erut-1 well in Block 13T, Northern Kenya, has discovered a gross oil interval of 55 meters with 25 meters of net oil pay at a depth of 700 meters. The...

NuVista Energy Ltd. ("NuVista" or the "Company") is pleased to announce a number of updates that demonstrate successful execution of our 2016 plans and strong progress towards our 2017 and beyond plans. Our 2016 full year and fourth quarter guidance...