Teledyne to Acquire Bolt Technology Corporation

THOUSAND OAKS, Calif. & NORWALK, Conn. -- Teledyne Technologies Incorporated (TDY) (“Teledyne”) and Bolt Technology Corporation (BOLT) (“Bolt”) jointly announced today that they have entered into a definitive agreement that provides for the merger of Bolt with a wholly-owned subsidiary of Teledyne. Pursuant to the transaction, Teledyne will acquire all of the outstanding common shares of Bolt for $22.00 per share payable in cash. The definitive agreement contemplates that Bolt will pay its previously announced quarterly dividend of $0.09 per common share, payable on October 2, 2014, to stockholders of record on September 3, 2014. The aggregate value for the transaction is approximately $171 million, taking into account Bolt’s stock options and net cash as of March 31, 2014. The transaction was unanimously approved by the Boards of Directors of Teledyne and Bolt. In addition, Bolt’s directors and executive officers have agreed to vote their shares in favor of the transaction.

Ivanhoe Energy confirms its intention to fully participate in new services contract for development of Block 20 project in Ecuador

CALGARY, Aug. 27, 2014 - Ivanhoe Energy Inc. (TSX: IE; NASDAQ: IVAN) today provided clarification regarding certain statements contained in a news article published by El Comercio in Ecuador earlier this week, and subsequently by the Wall Street Journal, regarding Ivanhoe's Specific Services Contract on Block 20, which contains the Pungarayacu oil field.

As the company has previously stated, Ivanhoe Energy fully intends to be part of a consortium that will develop Block 20.

Canacol Energy Ltd. Tests 15.5 MMSCFPD at Palmer 1 Gas Discovery, Lower Magdalena Valley, Colombia

CALGARY, ALBERTA--(Marketwired - Aug 27, 2014) - Canacol Energy Ltd. ("Canacol" or the "Corporation") (CNE.TO)(CNNEF)(BVC:CNEC) is pleased to announce that the first well of its three well gas exploration program, Palmer 1, has tested 15.5 million standard cubic feet per day ("mmscfpd") (2,730 barrels of oil equivalent "boepd") of dry gas. Canacol holds a 100% operated interest in the Esperanza Exploration and Production contract via its 100% owned operating subsidiary Geoproduction Oil and Gas Company which it acquired in 2012. The Corporation's reserve auditor has been engaged to prepare a formal reserves report for the discovery.

Canadian Overseas Petroleum Limited Closes Unit Offering for Approximately $10.1 Million

CALGARY, AB--(Marketwired - Aug 21, 2014) - Canadian Overseas Petroleum Limited ("COPL" or the "Company") (TSX VENTURE: XOP) (LSE: COPL), has closed its previously announced marketed offering (the "Offering") of units of the Company (the "Units"). Pursuant to the Offering, the Company issued an aggregate of 50,555,000 Units, at a price of $0.20 per Unit, for aggregate gross proceeds of approximately $10.1 million. Each Unit consists of one common share ("Common Share") in the capital of the Company and one Common Share purchase warrant ("Warrant"). Each Warrant entitles the holder thereof to purchase one Common Share at an exercise price of $0.40 per Common Share at any time prior to 4:30 p.m. (Calgary time) on or before the date that is 36 months following the closing date of the Offering. The Offering was led by GMP Securities L.P.