Spartan Oil Corp. Announces Year End 2011 Reserves, 2012 Capital Program and Provides Operational Update

Spartan Oil Corp. ("Spartan" or the "Company") (TSX:STO.TO - News), is pleased to provide the results of its 2011 year end reserve update, Spartan's 2012 capital program and an operational update.

2011 YEAR END RESERVE HIGHLIGHTS
The Company enjoyed a substantial increase in reserves, production and net asset value as a result of a successful drilling program in 2011. Highlights include:

-- Total Proved plus Probable ("P+P") reserves as at December 31, 2011 of
    21.4 million boe ("Mmboe") (87% oil and liquids); this represents an
    increase of over 18.4 Mmboe from June of 2011 when the Company commenced
    operations;

Published: 09 February 2012

Written by Editor

Perpetual Energy Inc. Provides Update on Asset Divestiture Program, Operational Results and Commodity Price Risk Management

(TSX:PMT.TO - News) - Perpetual Energy Inc. ("Perpetual", the "Corporation" or the "Company") is pleased to:

    report significant progress with its planned asset disposition program for the purpose of repaying the outstanding $75 million 6.5% convertible debentures (TSX: PMT.DB.C) due June 30, 2012;
    announce continued success with its asset base transformation and commodity diversification program; and
    provide an update regarding commodity price risk management initiatives.

Published: 09 February 2012

Written by Editor

TSX Energy Project Updates Up on News Interesting News

Cobra Venture Corporation Announces Completion of Sale of Saskatchewan Assets

Cobra Venture Corporation (the "Corporation") (TSX VENTURE:CBV) is pleased to announce that it has completed the sale (the "Sale") to Keystone Royalty Corp. ("Keystone") of all of its freehold mineral and royalty interests in the Province of Saskatchewan, effective as of January 1, 2012 (the "Effective Date"), for an amount of $5,250,000, which is subject to usual industry adjustments for the period between the Effective Date and the date of closing (the "Purchase Price"). A final settlement of all applicable adjustments shall occur within 60 days of closing. The Purchase Price was paid by Keystone by: (i) the transfer of 1,767,000 common shares of the Corporation which were owned by Keystone to the Corporation for cancellation at a deemed price of $0.30 per common share; and (ii) $4,719,900 paid in cash.

Published: 03 February 2012

Written by Editor

TSX Venture Energy Project Updates Interesting News

American Eagle Energy Corp. Announces Drilling of New Well in Hardy Field, SE Saskatchewan

American Eagle Energy Corporation (OTCBB: AMZG; "American Eagle") and its partner, Passport Energy Ltd (CNSX:PPO), are pleased to announce the drilling and casing of the second horizontal development well in the Hardy Bakken Field. The Hardy Hz 3D14-17-3A3-17-4-21 (Hardy 14-17) was drilled to a total measured depth of 3,358 m (11,015 ft) with a lateral section of approximately 1,280 m (4,200 ft). A 26-stage fracture stimulation planned for the completion is scheduled for late February pending availability of the service crew.

American Eagle has received license approval for another well, the Hardy Hz 3D14-5-3A3-5-4-21 (Hardy 14-5), located approximately two miles south of the newly drilled well. Two additional well license applications are being prepared for submittal within the next 30 days.

Published: 30 January 2012

Written by Editor

CNQ Energy Project Updates Editorial Blog Pick

Passport Energy Ltd. Announces $9 Million Private Placement

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

Passport Energy Ltd. (PPO - CNSX),("Passport" or the "Company") is pleased to announce that it has signed a letter of intent with Salman Partners Inc. ("Salman Partners") to act as Lead Agent ("Lead Agent") on a "commercial best efforts basis" for a syndicate of agents including National Bank Financial and Haywood Securities Inc. for a $9 million private placement (the "Offering") comprised of $8 million Common Shares and $1 million Flow-Through Shares.

The Offering may, at the election of Salman Partners, be increased by up to $1,200,000, in the event that subscriptions for Common Shares are received for greater than $8 million.

Published: 26 January 2012

Written by Editor

CNQ Energy Financing Editorial Blog Pick

Spartan Oil Corp ( STO )

Spartan Oil Corp. Announces Year End 2011 Reserves, 2012 Capital Program and Provides Operational Update

Perpetual Energy Inc ( PMT )

Perpetual Energy Inc. Provides Update on Asset Divestiture Program, Operational Results and Commodity Price Risk Management

Cobra Venture Corporation ( CBV )

Cobra Venture Corporation Announces Completion of Sale of Saskatchewan Assets

Passport Energy Ltd ( PPO )

American Eagle Energy Corp. Announces Drilling of New Well in Hardy Field, SE Saskatchewan

Passport Energy Ltd ( PPO )

Passport Energy Ltd. Announces $9 Million Private Placement