Junex Production Tests Oil at 161 Barrels per Day in its Galt No. 4 Horizontal Well

QUEBEC CITY, QUEBEC--(Marketwired - Jan 27, 2015) - Junex Inc. (TSX VENTURE:JNX) ("Junex" or the "Company") is very pleased to announce that it recorded a steady production rate of 161 barrels of oil per day ("BOPD") during the final six days of its 14 day production test in its Galt No. 4 Horizontal well. This production rate of 161 BOPD was limited by the configuration of the surface oilfield pumping equipment at the well.

A total volume of 2,017 barrels of light, sweet crude oil was produced during this production test in the first horizontal oil exploration well ever drilled by industry in Quebec.

Published: 27 January 2015

Written by Editor

Africa Oil Operations Update and Conference Call

VANCOUVER, BRITISH COLUMBIA--(Jan. 22, 2015) - Africa Oil Corp. (AOI.TO) (AOI.ST) ("Africa Oil", "AOC" or the "Company") is pleased to provide an operational update on its exploration activities in Kenya and Ethiopia.

The Epir-1 exploration well was drilled to a total depth of 3,057 metres in the North Kerio Basin in Kenya Block 10BB. The well encountered a 100 metre interval of wet hydrocarbon gas shows with florescence indicating the presence of an active petroleum system. The hydrocarbon shows were encountered primarily in rocks which are not of reservoir quality.

Published: 22 January 2015

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TSX Up on News Project Update

Essential Energy Services Announces 2015 Capital Budget

CALGARY, ALBERTA--(Jan 6, 2015) - Essential Energy Services Ltd. (ESN.TO) ("Essential" or the "Company") announces its 2015 capital budget of $21 million, comprised of $13 million growth capital and $8 million maintenance capital.

"In light of expectations for an industry slowdown in 2015, we have set a conservative capital budget," said Garnet Amundson, President and Chief Executive Officer of Essential. "Despite relatively low capital spending in 2015, with the recent equipment additions and equipment expected in 2015, we will experience significant growth in our fleet of masted coil tubing rigs that are suitable for completion and production work on some of the industry's longest horizontal wells. As 2015 progresses, we will monitor industry activity and may adjust the capital program as appropriate."

Published: 07 January 2015

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TSX Up on News Financial

LINN Energy Announces 2015 Oil and Gas Capital Budget; Reduces Annual Distribution to $1.25 Per Unit

Reduces Oil and Gas Capital by Over 50%
Announces Strategic Alliance with GSO Capital Partners
Declares Monthly Distribution and Dividend of $0.1042 per Unit or Share

HOUSTON, Jan. 2, 2015 -- LINN Energy, LLC (LINE) ("LINN" or the "Company") and LinnCo, LLC (LNCO) ("LinnCo") announced today that LINN's Board of Directors has approved a 2015 budget which includes a 53% reduction in oil and natural gas capital expenditures to $730 million, from approximately $1.55 billion in 2014, and a reduction of the LINN distribution and LinnCo dividend to $1.25 per unit or share, from the previous level of $2.90 per unit or share, on an annualized basis. LINN expects to fund its total 2015 oil and natural gas capital program, along with the distribution, from internally generated cash flow.

Published: 02 January 2015

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Financial Results

Veresen Announces the Formation of Veresen Midstream with KKR and a $5 Billion Midstream Expansion for Encana and Mitsubishi

Veresen to Host Conference Call and Webcast Today at 3:00pm MT, 5:00pm ET

CALGARY, ALBERTA--(Dec 22, 2014) - Veresen Inc. ("Veresen") (VSN.TO) is pleased to announce the formation of a new entity, Veresen Midstream Limited Partnership ("Veresen Midstream"), which will be owned equally by Veresen and affiliates of Kohlberg Kravis Roberts & Co. L.P. ("KKR"), a global investment firm. Veresen Midstream has entered into definitive agreements to acquire certain natural gas gathering and compression assets supporting Montney development in the Dawson area of northeastern British Columbia from Encana Corporation ("Encana") and the Cutbank Ridge Partnership ("CRP"). CRP is a partnership between Encana and Cutbank Dawson Gas Resources Ltd., a subsidiary of Mitsubishi Corporation. Veresen Midstream has also agreed to undertake up to $5 billion of new midstream expansion for Encana and CRP in the Montney region under a 30-year fee-for-service arrangement. Veresen Midstream will be Veresen's primary growth vehicle for its Canadian natural gas and natural gas liquids ("NGL") midstream business.

Published: 23 December 2014

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TSX Up on News Project Update

Junex Inc ( JNX )

Junex Production Tests Oil at 161 Barrels per Day in its Galt No. 4 Horizontal Well

Africa Oil Corp ( AOI )

Africa Oil Operations Update and Conference Call

Essential Energy Services Ltd ( ESN )

Essential Energy Services Announces 2015 Capital Budget

LINN Energy LLC ( LINE )

LINN Energy Announces 2015 Oil and Gas Capital Budget; Reduces Annual Distribution to $1.25 Per Unit

Veresen Inc ( VSN )

Veresen Announces the Formation of Veresen Midstream with KKR and a $5 Billion Midstream Expansion for Encana and Mitsubishi