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Showing posts with label Canadian oil. Show all posts
Showing posts with label Canadian oil. Show all posts

Wednesday, May 9, 2012

Alberta Oilsands Inc. Announces Board of Directors' Change

Annual and Special Meeting; and Extension of Warrants (nlk)

FSC / Press Release

Calgary, Alberta CANADA, May 09, 2012 /FSC/ - Alberta Oilsands Inc. (AOS - TSX Venture), (the "Company", "Alberta Oilsands" or "AOS") is pleased to announce that Mr. Wayne Bobye has joined the Board of Directors (the "Board") of AOS.

 Mr. Bobye is an experienced financial professional with significant expertise building relationships with equity analysts and investment bankers. Mr. Bobye has more than 30 years of experience in the oil and gas industry, having held senior positions with Triton Canada Resources., Talisman Energy Inc., Alliance Pipeline Ltd., Altex Pipeline Ltd., and UTS Energy Corporation. Most recently, Mr. Bobye was the Vice President and Chief Financial Officer of SilverBirch Energy Corporation. Mr. Bobye is a Certified Management Accountant and holds a Master of Business Administration and a Bachelor of Commerce degree.

Jack Crawford, Chairman of the Board, commented: "We are very pleased to welcome Wayne to the Board. His knowledge and expertise, specifically in the oil sands industry, will enhance the Board's vision for the Company."

In addition, AOS regrets to announce that Mr. Ken Hughes has tendered his resignation as a director of AOS, as a result of his recent appointment to the Alberta provincial cabinet as Energy Minister. The Board sincerely thanks Mr. Hughes for his diligent and significant contributions to the Company during his tenure as a director and conveys best wishes in his future ministerial duties.

Annual and Special Meeting of Shareholders
The Company will hold its annual and special meeting (the "Meeting") of shareholders on June 28, 2012 at 10:00 a.m. (Calgary Time) in the Metropolitan Conference Centre, Plaza Room, 333 - 4th Avenue S.W., Calgary, Alberta. The record date for the determination of shareholders entitled to receive notice of and to vote at the Meeting is May 29, 2012. Kingsdale Shareholder Services Inc. has been engaged as the proxy solicitation and information agent of the Company.

Warrant Extension
The Company is pleased to confirm that the expiry date of the 5,010,000 Common Share Purchase Warrants ("Warrants") issued on May 19, 2010 and the 1,250,000 Warrants issued on May 30, 2010 has been extended to November 30, 2013. All other terms of the Warrants, including the exercise price of $0.70, have remained unchanged.

About Alberta Oilsands Inc.
Alberta Oilsands is engaged in the exploration and development of bitumen in the Athabasca oil sands region of northeast Alberta. Its head office is located in Calgary, Alberta, Canada and Alberta Oilsands' common shares are traded on the TSX Venture Exchange under the trading symbol AOS.
For further information please contact:
Jack Crawford, Chairman
(403) 232-3341
Email: jcrawford@aboilsands.ca
Michael Lee, President and Interim CEO
(403) 232-3371
Email: mlee@aboilsands.ca
Website: www.aboilsands.ca
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Monday, April 18, 2011

Skywest Energy Corp (OIl and Gas) 100% success in drilling results and increase in production.

Oil DrillerImage via WikipediaSkyWest Energy Corp.

TSX VENTURE: SKW

Apr 18, 2011 09:00 ET


CALGARY, ALBERTA--(Marketwire - April 18, 2011) - SkyWest Energy Corp ("SkyWest", "we", "us", "our" or the "Company") (TSX VENTURE:SKW) is pleased to announce we have filed on SEDAR our audited financial statements and related Management's Discussion and Analysis ("MD&A") for the year ended December 31, 2010. Selected financial and operational information is outlined below and should be read in conjunction with our audited financial statements and the related MD&A which are available for review at www.sedar.com.

FINANCIAL AND OPERATING HIGHLIGHTS
Our 2010 year end results include approximately six months of production from the reverse take-over of EMM Energy Inc. and 15 days of production from the acquisition of Base Resources Inc. The year-end results also include 5 operated Cardium horizontal oil wells which were brought on production in 2010 with 4 of the 5 being brought on in December 2010.

Thursday, January 27, 2011

Cougar Oil and Gas upgraded in Analysts estimates - Alberta Oil Sands Junior seeks AMEX listing!

Oil and Gas Investors Reacting to Positive Corporate Developments

NEW YORK--(BUSINESS WIRE)-- (Investrend Research Syndicate) -- Ernest C. Schlotter, a senior analyst with Zurich, Switzerland-based SISM Research and a four star analyst according to StarMine, has issued an update on Cougar Oil and Gas Canada, Inc. (OTCBB: COUGF) in a four-page report dated January 24, 2011, which includes an updated 18-month stock target valuation and analyst's rating/recommendation.

The full report includes important disclosures, disclaimers and analyst information. Investrend and SISM Research both advise investors to exercise a reasonable degree of due diligence before trading in the equities of any public company, including carefully reading entire analyst reports and report disclosures, and then only in conjunction with advice from a registered financial advisor or broker. Investrend and SISM Research both further advise that any analyst rating, recommendation, target valuation, price target or opinion should be considered merely a portion of an investor’s total investigative process. More about ratings and valuations is available via Investrend (at http://www.investrend.com/ratings).

A complimentary copy of the report is available for download via Investrend Syndications (at http://www.investrend.com/sism) as well as via the SISM Research website (at http://www.sism.com/researchreportscougar.htm).

According to Schlotter’s report: