Oil / Gas Exploration / Production

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Blackbird Energy Inc and Pennant Energy Inc announces closing of business combination

Thursday, 17 Apr 2014 05:00pm EDT

Blackbird Energy Inc and Pennant Energy Inc:Closes plan of arrangement whereby Pennant has become wholly-owned subsidiary of Blackbird.Consolidated entity is expected to carry on business as an oil and liquids focused emerging producer and will continue to trade on TSX Venture Exchange under name Blackbird Energy Inc and trading symbol .BBI.Common shares of Pennant will be voluntarily de-listed from Exchange in connection with closing of this transaction effective April 21.Pennant will be applying to cease to be reporting issuer in British Columbia and Alberta.

Blackbird Energy Inc and Pennant Energy Inc announces closing of business combination

Thursday, 17 Apr 2014 05:00pm EDT

Blackbird Energy Inc and Pennant Energy Inc:Closes plan of arrangement whereby Pennant has become wholly-owned subsidiary of Blackbird.Consolidated entity is expected to carry on business as an oil and liquids focused emerging producer and will continue to trade on TSX Venture Exchange under name Blackbird Energy Inc and trading symbol .BBI.Common shares of Pennant will be voluntarily de-listed from Exchange in connection with closing of this transaction effective April 21.Pennant will be applying to cease to be reporting issuer in British Columbia and Alberta.

Athabasca Oil Corporation exercises Dover put option

Thursday, 17 Apr 2014 12:45pm EDT

Athabasca Oil Corporation:Exercises option to divest 40 pct interest in Dover Commercial Project (DCP) to Phoenix Energy Holdings Limited (Phoenix) for cash consideration of C$1.32 bln.Pursuant to terms of its Feb. 10, 2010 Put/Call option agreement with Phoenix, Athabasca's option to sell was triggered by issuance of Alberta Environment's approval of DCP under Alberta Environment Protection and Enhancement Act on April 16.

Enduro Royalty Trust announces monthly cash distribution

Thursday, 17 Apr 2014 09:15am EDT

Enduro Royalty Trust:Declares cash distribution to holders of units of beneficial interest of $0.032496 per unit.Payable on May 14 to unitholders of record on April 30.

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