10/17/2014 - 3:47 PM EST - Mobius Resources Inc. : provided an operational update on the Mobius “Guy” well. The well was successfully drilled through the Duvernay formation and into the top of the Beaverhill Lake formation to a total depth of 2,780 metres. The well was also successfully cored from the bottom of the Ireton formation, through the entire Duvernay and Majeau Lake package and into the top of the Beaverhill Lake formation. Mobius Resources Inc.
shares V.MBS are trading up $0.025 at $0.26.
10/17/2014 - 3:46 PM EST - Timmins Gold Corp. : reported preliminary production results for the Company's third quarter ended September 30, 2014. The Company produced 27,013 gold equivalent ounces during the quarter. Production for the first three quarters of 2014 was 97,687 gold equivalent ounces. Timmins Gold Corp.
shares T.TMM are trading unchanged at $1.46.
10/17/2014 - 3:45 PM EST - Pacific Rubiales Energy Corp. : announced today that it has entered into a three year Memorandum of Understanding and Cooperation with Mexico's state oil company, Petróleos Mexicanos and its subsidiary entities establishing the basis for discussions and analysis of potential oil and gas cooperation in Mexico, including exploration, deep-water projects, revitalization of mature fields, heavy and extra-heavy oil onshore and offshore fields, high water production fields and other upstream activities. Pacific Rubiales Energy Corp.
shares T.PRE are trading down $0.26 at $15.94.
10/17/2014 - 10:09 AM EST - Lundin Petroleum AB : through its wholly-owned subsidiary Lundin Norway AS, has completed the drilling of wildcat well 33/12-10 S. The well investigated the hydrocarbon potential of the Vollgrav South prospect in PL631, which is located 150 km west of Florø on the Norwegian west coast and between the Gullfaks and Statfjord fields. Lundin Petroleum AB
shares T.LUP are trading up $0.29 at $16.35.
10/17/2014 - 10:08 AM EST - Questerre Energy Corporation : reported today on recent developments in the Kakwa-Resthaven area of west central Alberta. Production from the Company's joint venture acreage resumed earlier this month following a scheduled shut-down for third party processing plant maintenance. Current production, net to Questerre, from this acreage is approximately 1,000 boe/d. This includes initial production from the three horizontals with lateral legs of approximately one and a half miles that were equipped and tied-in over the last month. These are the 09-20-63-5W6M well, the 02-18-63-5W6M well and the 08-20-63-5W6M well. Combined with light oil production primarily from Saskatchewan, total Company production is now about 1,500 boe/d. Questerre Energy Corporation
shares T.QEC are trading up $0.01 at $0.71.
10/17/2014 - 10:07 AM EST - Full Metal Minerals Ltd : as well as Choice Gold Corp., and 0999279 B.C. Ltd. ("IEC Spinco", a former subsidiary of International Enexco Ltd.) are pleased to anounce the satisfaction of all conditions necessary for the completion of the proposed plan of arrangement to form Copperbank Resources Corp, as contemplated by the arrangement agreement between Choice, Full Metal and IEC Spinco entered into on June 2, as amended September 5. Full Metal Minerals Ltd
shares V.FMM are trading unchanged at $0.03.
10/17/2014 - 10:06 AM EST - Artek Exploration Ltd. : provided the following operational update. In the Inga/Fireweed area, the Company's A-65-I Horizontal Montney well that was completed with a slickwater frac in the second quarter of 2014 has been on production for 30 days and during that time period averaged approximately 903 boe/d of which 513 bbl/d or 55% was free condensate and 67% was total liquids. Based on September 2014 pricing the well generated an operating netback of approximately $50/boe resulting in cash flow of approximately $1.4 million ranking it as one of the top producing Montney wells in British Columbia based on initial data and public production data available. Artek Exploration Ltd.
shares T.RTK are trading up $0.31 at $2.53.
10/17/2014 - 10:05 AM EST - Shoreline Energy Corp. : announced it has entered into amendment agreements extending its previously expired forbearance agreements with certain senior lenders. In connection with execution of the Forbearance, Shoreline paid down $3,441,000 of the aggregate amount owing to these lenders, resulting in an aggregate balance owing of approximately $5,439,000. The Forbearance is effective until December 31, 2014 and is subject to achievement by Shoreline of various milestones and ultimate repayment of the entire indebtedness. Shoreline Energy Corp.
shares T.SEQ are trading unchanged at $0.55.
10/17/2014 - 10:04 AM EST - Fieldex Exploration Inc. : announced that, following the conversion of two convertible debentures in the aggregate principal amount of $416,514, it has issued an aggregate of 4,165,140 common shares at a price of 10 cents per share. Each share was accompanied by one half of a common share purchase warrant. Fieldex Exploration Inc.
shares V.FLX are trading unchanged at $0.01.
