Valeura Provides Quarterly Operational Update

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

Valeura Energy Inc. ("Valeura" or the "Corporation") (TSX: VLE.TO - News) is pleased to provide an update of its fourth quarter 2011 operational activities in Turkey and Canada, including results from its proof-of-concept fracture stimulation ("frac") program in the Thrace Basin of Turkey. The Corporation expects to release its complete interim unaudited financial and operating results for the fourth quarter of 2011, including final sales volumes, and audited results for the twelve month period ended December 31, 2011 on March 10, 2012.

TORONTO, ONTARIO - January 10, 2012 - Investorideas.com energy stocks newswire - Geo Finance Corporation (Pink: GEFI ) is pleased to announce that the managing partner of the newly acquired Jackson A&D leases, Armurtex Oil Corporation (a private corporation) has retained GGP Exploration Ltd of Shreveport Louisiana to operate the 200 acre field located in Archer and Wichita Counties, Texas.

To see this news as the latest FNM Video Press Release go to: http://youtu.be/POc0mhtArrA

The Jackson A&D lease has 30 existing closed wells and one injection well currently located thereon. As announced on November 9 th, 2012, Geo Finance Corporation entered into an option agreement with Armurtex Oil Corporation whereby Armurtex partnered with GEFI to acquire the property.

Teck Resources to Acquire SilverBirch Energy

Teck Resources Limited (TSX: TCK.A, TCK.B, NYSE:  TECK) ("Teck") and SilverBirch Energy Corporation ("Silverbirch") (TSX-V:SBE.V - News) announced today that they have entered into an agreement for Teck to acquire SilverBirch by way of a plan of arrangement under the Canada Business Corporations Act.  Under the arrangement, SilverBirch shareholders will receive CAD $8.50 in cash and one share of a new company, SilverWillow Energy Corporation ("SilverWillow"), per SilverBirch common share.  SilverWillow will hold substantially all of the assets of SilverBirch other than SilverBirch's 50% interest in the Frontier and Equinox oil sands project. In connection with the arrangement, Teck will contribute to SilverWillow CAD $25 million in working capital and its 50% interest in several oil sands leases that are currently jointly owned with SilverBirch. As a result, SilverWillow is expected to begin operations with approximately CAD $25 million in net working capital.

FieldPoint Petroleum Reports Continued Production Increase from New Well in Lea County, New Mexico-Most Recent Output Reaches 751 BOPD

FieldPoint Petroleum Corporation (NYSE/AMEX:FPP)  today provided an update on the latest production information from its recently completed East Lusk Federal 15 well #1 in Lea County, New Mexico .  

FieldPoint's President and CEO, Ray Reaves , stated, "This recently completed well continues to excite us with a steady increase in daily production.   The last data that we provided was through December 28 when the well produced 668 BOPD and natural gas sales began at a flow rate of 429 MCFPD.  We can now report that the well has reached an oil production rate of 751 BOPD, with natural gas flowing at a rate of 494 MCFPD."