Pan Orient Energy Corp.: Operations Update

Pan Orient Energy Corp. ("Pan Orient" or the "Corporation") (TSX VENTURE:POE) is pleased to provide an update on operations in Thailand, Indonesia and Canada.

Concession L53 Onshore Thailand (Pan Orient Operator and 100% Working Interest)

Thailand Oil Production

Oil sales averaged 1014 BOPD in September and 1026 BOPD over the past 30 days. Current production is 1,035 BOPD with an additional approximately 150 BOPD shut-in (60 BOPD at L53-A1 due to a failed pump and 90 BOPD at L53-G3ST1 due to expiry of a 90 day production test period). On September 5, approval was received to turn the L53-G2 well back on for a second 90 day test period that will expire on December 6, 2013.

Published: 03 October 2013
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Cequence Energy Inc. announces investment by CPPIB Credit Investments Inc., and provides operational update and revised guidance

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CALGARY, Oct. 3, 2013 /CNW/ - Cequence Energy Inc. ("Cequence" or the "Company") (TSX:CQE.TO ) is pleased to announce that it has entered into definitive documentation and expects to complete later today a transaction (the "Transaction") with CPPIB Credit Investments Inc., ("CII"), a wholly-owned subsidiary of Canada Pension Plan Investment Board ("CPPIB"), for an initial investment by CII of $60 million in unsecured five year notes (the "Notes") with a further $60 million of notes available at a future date, subject to the approval of both CII and Cequence on terms to be confirmed at the time of issuance. In addition, Cequence has granted CII 3.0 million warrants to purchase common shares  (the "Warrants").  The investment will allow Cequence to capitalize on its recent successes at Simonette and accelerate the development of this project.

Published: 03 October 2013
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BNK Petroleum Inc. announces Caney operations update

BNK Petroleum Inc. (the "Company" or "BNK") (TSX: BKX), is providing an update on its Tishomingo Field, Caney oil shale operations in Oklahoma.

The Company's Hartgraves 5-3H Caney well was successfully fracture stimulated in September and, while it is early in the flowback phase, the well has, over the last 4 days, averaged 1,200 barrels of oil equivalent per day (boepd) of which 585 barrels a day is oil.  The early production from this well is more constant and twice as good as the best and previously drilled and fracture stimulated Caney well, the Dunn 2-2H.

The Dunn 2-2H well had a 24 hour peak rate of 620 BOEPD of which 300 barrels was oil.  The 30 day initial production (IP) rate for this well is 420 BOEPD of which 195 barrels is oil.  The Barnes 6-3H well, where only 11 out of 17 stages were fracture stimulated, had a 30 day IP rate of 200 BOEPD of which 93 barrels was oil.

Published: 03 October 2013
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Pacific Rubiales announces approval of a patent grant for its proprietary STAR technology, in Colombia

Pacific Rubiales Energy Corp. (TSX: PRE; BVC: PREC; BOVESPA: PREB) is pleased to announce that it has been granted a patent for its proprietary Synchronized Thermal Additional Recovery ("STAR") enhanced oil recovery technology by the Colombian patent authority, the Superintendencia de Industria y Comercio ("SIC").

The patent award by the SIC provides the Company with intellectual property rights to the STAR technology in Colombia for an exclusive 20 year period from the filing date of April 1, 2011, to April 1, 2031. The patent specifically recognizes: 1) the synchronized system of oil production using the combustion process, employing in-situ measurement, monitoring and control of operational conditions in real time and distance, and 2) the use of a numerical model intelligent well/subsurface system to monitor and control the progress of the combustion front and fluids; critical to successful application of STAR.

Published: 01 October 2013
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Gale Force Closes Texas Reef Interests Purchases

Gale Force Petroleum Inc. (TSXV: GFP) (OTCQX: GFPMF) (the "Company") today announced that it has concluded the purchase of additional interests at its Texas Reef properties, increasing its ownership in the highly-profitable wells, acreage and pipeline, to approximately a 90% working interests throughout.

The purchase agreements were previously announced on May 22, 2013 , and the Company has now issued 885,000 common shares in consideration of the purchase.

Published: 30 September 2013
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