Talisman Responds to Media Reports

CALGARY, ALBERTA--(Marketwired - Dec 15, 2014) - Talisman Energy Inc. (TLM.TO)(TLM) is issuing this press release after discussions with Market Surveillance at IIROC on behalf of the Toronto Stock Exchange. Talisman confirms that it is engaged in discussions with Repsol regarding a potential corporate transaction. Talisman has also been approached by a number of other parties regarding various transactions. There can be no assurances that these discussions will result in a transaction or on what terms. Until such time as it is appropriate to make a public announcement on a potential transaction, Talisman does not intend to make any further comment on this matter.

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Mart Resources, Inc.: Oil Flow Commences Through Umugini Pipeline

Oil flow has commenced through the 51-kilometer Umugini pipeline and into the Trans Forcados crude oil export pipeline system that connects to the Forcados oil export terminal

CALGARY, ALBERTA--(Marketwired - Dec 3, 2014) - Mart Resources, Inc. (MMT.TO) ("Mart" or the "Company") and its co-venturers, Midwestern Oil and Gas Company Plc. (Operator of the Umusadege field) and SunTrust Oil Company Limited are pleased to provide the following update on Umugini pipeline operations.

Oil flow has commenced through the 51-kilometer long Umugini pipeline and into the Trans Forcados crude oil export pipeline system that connects to the Forcados oil export terminal. The commencement of continuous oil injections from the 12-inch Umugini pipeline to the Trans Forcados export pipeline followed the completion of pipeline tie-in at the Eriemu flow station and other start-up activities including line fill. Mart holds an effective 15% interest in Umugini Asset Company Limited, which is the owner of the Umugini pipeline.

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Ring Energy, Inc. Continues 2014 Development Program

Company Operates Profitably at Current Commodity Prices

MIDLAND, Texas--- Ring Energy, Inc. (NYSE MKT: REI) (“Ring” or the “Company”) today reaffirmed their 2014 development program and capital expenditure budget of $125 million. Management felt it necessary to reconfirm their stated 2014 development program because of the recent decline in commodity prices.

Through the first three quarters of 2014, the Company had drilled 92 new development wells on its Texas properties and is on pace to drill approximately 135 by year end. The Company continues to add acreage to its core Texas properties, as well as reduce the overall drilling and development costs. At the end of the year, management will evaluate the results and determine the 2015 expenditure budget.

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ArPetrol Ltd. announces third-quarter 2014 financial and operating results and reports positive working capital of $1.8 million

CALGARY , Nov. 28, 2014 - ArPetrol Ltd. ("ArPetrol" or the "Company") (RPT.V) announces its financial and operating results for the three and nine months ended September 30, 2014 and provides an operational update on activities to date this year as well as an outlook for the remainder of 2014 and 2015. The Company's interim condensed consolidated financial statements and management's discussion and analysis (MD&A) for the reporting period have been filed on SEDAR at www.sedar.com and posted on the Company's website at www.arpetrol.com.

Summary for the Third Quarter 2014
Operating and Financial
ArPetrol's working capital position is $1.8 million at the end of the third quarter of 2014, with an increase of $0.4 million from the second quarter of the year.  This is a significant improvement compared to a deficit of $0.8 million at the end of 2013. 

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Junex Strikes Oil in its Galt No. 4 Horizontal Well

QUEBEC CITY, QUEBEC--( Nov 27, 2014) - Junex Inc. (TSX VENTURE:JNX) ("Junex" or the "Company") is very pleased to announce an oil discovery in its Galt No. 4 Horizontal Well that it drilled using its wholly-owned Foragaz No. 4 drilling rig. Having finished drilling on November 20th, this is the first horizontal oil exploration well ever drilled by industry in Quebec. This well is situated approximately 20 kilometers west of the town of Gaspé in eastern Quebec.

 

"We are tremendously excited by this significant oil discovery as it moves us markedly closer to commercial oil production at Galt. As predicted, this horizontal well encountered a substantial interval of oil-charged, naturally-fractured reservoir rock. Based on these positive results, we have commenced operations of installing perforated production casing in the well, after which swabbing operations will be performed as the first part of oil testing operations. We expect delivery of a new oilfield pump in late December that will be installed in the well for further production testing and, ultimately, commercial oil production if the results from these production tests support this." stated Mr. Peter Dorrins, Junex's President & Chief Executive Officer.

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