Mexco Energy Corporation Announces Additional Development Of Properties

Mexco Energy Corporation (NYSE MKT: MXC) today announced developments regarding certain oil and gas properties in New Mexico and Texas.

Mexco Energy Corporation ("Mexco") has entered into an agreement with Concho Resources, Inc. ("Concho") to develop the Bone Spring formation using horizontal drilling and multi-stage fracture stimulation on acreage in southwestern Lea County, New Mexico.  The first two horizontal wells of twelve prospective wells will target the Avalon shale portion of the Bone Spring zone.  To date, 67 wells have been completed in the Avalon shale in this area with numerous other wells in the process of drilling or completing.  Concho will pay 62.5% of the cost to drill and complete the two initial wells in order to earn 50% working interest (37.5% net revenue interest). 

Published: 23 September 2013
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Twin Butte Energy confirms August dividend payment

Twin Butte Energy Ltd. (TSX:TBE ) ("Twin Butte" or the "Company") confirms that its cash dividend in respect of September 2013 production will be $0.016 per share. The eligible dividend will be paid on October 15, 2013 to shareholders of record on September 30, 2013. The ex-dividend date is September 26, 2013. These dividends are designated as "eligible dividends" for Canadian income tax purposes.

Twin Butte has a Dividend Reinvestment Plan ("DRIP") that provides a convenient and cost-effective method for eligible holders in Canada to maximize their investment in Twin Butte by reinvesting their monthly cash dividends to acquire additional common shares.

Published: 17 September 2013
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US Oil Sands Inc. Announces $80 Million Strategic Financing

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES

US Oil Sands Inc. ("US Oil Sands" or the "Company") (TSXV:USO.V - News), a company focused on oil sands exploration and production in the State of Utah, today announced the signing of a letter of intent (the "Letter of Intent") with Blue Pacific Investments Group Ltd., Anchorage Capital Group, L.L.C. and Spitfire Ventures, LLC (the "Strategic Investors"). Under the terms of the Letter of Intent, US Oil Sands will issue up to $80 million of common shares of the Company at an issue price of $0.15 per common share in a private placement financing (the "Offering"). The issue price represents a 49% premium to the 20 day volume weighted average trading price of the Company's common shares.

Published: 16 September 2013
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Ithaca Energy Inc.     Stella Development Well - Successful Test Results

Ithaca Energy Inc. (TSX: IAE, LSE: IAE) ("Ithaca" or the "Company") announces completion of a highly successful flow test on the first development well drilled on the Stella field and provides a progress update on the Greater Stella Area development activities.

Highlights - The first Stella field development well, "A1", flowed at a maximum rate of 10,835 barrels of oil equivalent per day ("boepd") on a 7/ 8-inch choke, with the full production potential of the well limited by the capacity of the well test equipment on the drilling rig. - Fluid samples have confirmed the high oil content of the hydrocarbons that will be produced from the well. The maximum rate of 10,835 boepd corresponds to 6,499 barrels of oil per day ("bopd") and 26 million standard cubic feet per day ("MMscf/d") of "liquids rich" gas.

Published: 11 September 2013
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LINN Energy, LinnCo and Berry Petroleum Company Provide Update on Merger Process

LINN Energy, LLC (LINE), LinnCo, LLC (LNCO) and Berry Petroleum Company (BRY) announced today that LINN Energy and LinnCo recently received comments related to the Amended Registration Statement on Form S-4 filed on August 9, 2013 in connection with the proposed merger transaction, and are working diligently to file an Amended Form S-4. Furthermore, LINN Energy, LinnCo and Berry Petroleum have agreed to set the record dates for their respective unitholder, shareholder and stockholder meetings as of September 30, 2013.

Published: 11 September 2013
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