Questerre Energy Corporation: Fourth Liquids-Rich Montney Well Tests at Approximately 1,800 boe/d

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Questerre Energy Corporation ("Questerre" or the "Company") (TSX:QEC)(OSLO:QEC) is pleased to report on the test results from its fourth horizontal well (the "03-19 Well") in the Kakwa-Resthaven area of west central Alberta.

The well was successfully completed with a 14-stage water-based nitrogen foam fracture stimulation in the 1321m horizontal section. Initial clean up and flow back began on March 11 2013 and the well was tested for a 161-hour period thereafter.

Published: 21 March 2013
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Ivanhoe Energy and SBM Offshore Sign Alliance to Accelerate Development of Un-tapped Offshore Heavy Oil Resources

Alliance represents another significant step to commercialize HTL

Ivanhoe Energy (TSX:IE.TO - News) (NASDAQ:IVAN - News) and SBM Offshore (SBM) are pleased to announce they have formed a global strategic alliance (Alliance), combining their respective expertise to create Floating, Production, Upgrading, Storage and Offloading vessels (FPUSO's).

The two companies have combined their respective technologies and experience to produce a first of its kind design for offshore facilities that will economically produce and upgrade heavy oil from offshore fields with crude oil quality down to 10°API gravity, or lower.

Published: 20 March 2013
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Rosetta Resources Inc. Acquires Oil-Rich Assets in Permian's Delaware Basin Adding Significant Capital Project Inventory

  • Provides new basin entry in Permian and access to oil-weighted multi-pay areas
  • Adds 40,200 net acres in Delaware Basin delineated Wolfbone play
  • Expands capital project inventory by approximately 1,300 gross drilling locations
  • Adds 13,100 net acres with multiple exploratory opportunities in Midland Basin
  • Accretive to cash flow per share in 2014

Rosetta Resources Inc. (ROSE) ("Rosetta" or the "Company") today announced it has entered into a definitive agreement to acquire Permian Basin assets from Comstock Resources, Inc. (CRK) ("Comstock") for a purchase price of approximately $768 million, subject to customary closing adjustments.

Published: 15 March 2013
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PRD Energy Awarded Two Petroleum Licenses Covering Approximately 158,000 Acres Onshore Germany in the State of Schleswig-Holstein

 PRD Energy Inc. ("PRD" or the "Company") (TSX VENTURE:PRD) is pleased to announce that it has been awarded the Ostrohe Exploration License covering approximately 156,000 acres as well as the Prasdorf Production License, covering approximately 2,000 acres. Both licenses are located in the state of Schleswig-Holstein, and are within the Northwest German Basin. The licenses have been awarded to PRD Energy GmbH, a wholly-owned subsidiary of the Company.

The Northwest German Basin has a history of significant petroleum discoveries and a number of these discoveries have been made within close proximity to the Ostrohe license.

Published: 15 March 2013
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TORC Oil & Gas Ltd. Announces Fourth Quarter and Year-End Financial & Operating Results and 2012 Year-End Reserves

TORC Oil & Gas Ltd. ("TORC" or the "Company") (TOG.TO) is pleased to announce its financial and operating results for the three month periods and years ending December 31, 2011 and 2012, and to provide its 2012 year-end reserves information as evaluated by Sproule Associates Limited ("Sproule").  TORC completed the acquisition of Vero Energy Inc. ("Vero") effective November 19, 2012 and all figures are pro forma Vero as of that date.

The associated Management's Discussion and Analysis ("MD&A") dated March 11, 2013 and audited financial statements as at and for the year ended December 31, 2012 can be found at www.sedar.com and www.torcoil.com.

Published: 12 March 2013
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