Canacol Tests 832 BOPD from Morsa 1 at Oso Pardo Light Oil Discovery on the Santa Isabel Contract, Middle Magdalena Valley of Colombia

CALGARY, ALBERTA--( Jul 21, 2014) - Canacol Energy Ltd. ("Canacol" or the "Corporation") (CNE.TO) (CNNEF) (BVC:CNEC) is pleased to announce the successful appraisal of the Oso Pardo light oil discovery made by Canacol in 2013 with the Morsa 1 well located on its operated Santa Isabel Exploration and Production ("E&P") Contract in the Middle Magdalena Basin of Colombia, which production tested 832 barrels of oil per day gross ("bopd") (832 bopd net) of light oil.

Pine Cliff Energy Ltd. Enters Into $100 Million Agreement to Acquire Natural Gas Assets in Alberta and Saskatchewan

CALGARY, ALBERTA-- July 17, 2014 - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Pine Cliff Energy Ltd. ("Pine Cliff") (TSX VENTURE:PNE) is pleased to announce that it has entered into a binding agreement dated July 17, 2014 (the "Agreement") to acquire certain shallow natural gas assets in Alberta and Southern Saskatchewan (the "Assets") from a senior oil and gas producer (the "Proposed Transaction") for cash consideration of $100 million, prior to any adjustments. The majority of the Alberta assets are located east of the City of Medicine Hat with some minor assets in Central Alberta near the City of Wetaskiwin. The Saskatchewan assets are located near the Town of Maple Creek.

Parex Increases 2P Reserves by 80% to 58 MMboe, RLI to 6.7 Years and Forecast 2014 Exit Rate Production to Exceed 27,000 bopd

NOT FOR DISTRIBUTION OR FOR DISSEMINATION IN THE UNITED STATES.

Parex Resources Inc. ("Parex" or the "Company") (PXT.TO) is pleased to announce the results of its updated reserves assessment as at June 30, 2014, increased production guidance and an operational update. All amounts are stated in US dollars the reporting currency of Parex.

Mid-Year Corporate Reserves Report Highlights:

• Material increase in all reserve categories driven by a balanced capital program and a strategic acquisition:
  • Appraisal drilling: LLA-34:Tigana;
  • Exploration drilling discoveries: LLA-34:Aruco, LLA-40:Begonia, LLA-32:Kananaskis, Calona and Carmentea;
  • Strategic acquisition: Increased working interest in blocks LLA-32 and LLA-34;

Calfrac announces update on 2014 capital program

CALGARY, July 3, 2014 - Calfrac Well Services Ltd. ("Calfrac") (TSX-CFW) is pleased to provide an update on its 2014 capital program. In response to significantly improved customer demand in the United States, Canada and Argentina, Calfrac's 2014 capital program was increased by $210 million to $360 million, including carryover capital. A portion of the increased capital spending is expected to occur in 2015. The incremental capital spending will be funded by Calfrac's existing credit facilities and cash flow. At June 30, 2014, Calfrac had approximately $247 million available under its existing credit facilities.