Saturn Minerals Inc. Announces Oil Discovery at Bannock Creek Project in Northeast Saskatchewan

VANCOUVER, BRITISH COLUMBIA--(Feb. 9, 2016) - Saturn Minerals Inc. (TSX VENTURE:SMI)(SMK.F) ("Saturn" or the "Company") is pleased to announce that the Company has made a new oil discovery in three separate potential pay zones at its 100% owned 9A-5-44-8W2 well ("9A-5") on its Bannock Creek project located near the town of Hudson Bay in northeast Saskatchewan. The discovery has been made in conjunction with technical teams from North Rim Exploration Ltd. and Axiom Exploration Ltd., both of Saskatoon, Saskatchewan.

As previously announced, drilling of the 9A-5 well had commenced on January 7th and had reached a total depth of 583 meters before technical difficulties related to wellbore stability and lost circulation were encountered. In consultation with its technical team, the Company elected to redesign the casing configuration and drill process. The second well was spudded on January 29th and reached a target depth of 740 meters in 8 days without incident, including 1.5 days to core and log. A total of 27 meters of core was cut with full recovery through all target zones.

Published: 09 February 2016
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Superior Drilling Products, Inc. to Supply Baker Hughes With Strider Drill String Oscillation System

Measurably Expands Market Reach for SDP's Technology

VERNAL, Utah, Jan. 28, 2016 -- Superior Drilling Products, Inc. (NYSE MKT:SDPI) (“SDP” or the “Company”), a provider of drilling products for the oil, natural gas and mining services industries, announced today that it reached an agreement to supply the Company’s Strider Drill String Oscillation System ("Strider") and related services to Baker Hughes, a leading global supplier of oilfield services, products, technology and systems.  The Strider utilizes its unique patent-pending design to reduce drill string friction on horizontal wells, resulting in improved rates of penetration and cost savings.  Its revolutionary engineering provides a cost effective alternative to conventional downhole vibration tools.   

Published: 29 January 2016
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Blackbird Energy Inc. Announces Top-Tier 1,768 Boe/d Elmworth Middle Montney Production Test Results

CALGARY, ALBERTA--(Jan 28, 2016) - Blackbird Energy Inc. (TSX VENTURE:BBI) ("Blackbird" or the "Company") is very pleased to announce production test results from its 2-20-70-7W6 ("2-20") Middle Montney well at Elmworth. The production test result of 1,768 Boe/d ranks the 2-20 well in the top tier of well results in the Montney.

Results from the final 24 hour test are as follows:

Published: 28 January 2016
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Memorial Production Partners LP Announces Fourth Quarter 2015 Cash Distribution, Full Year 2016 Guidance and Fourth Quarter and Full Year 2015 Earnings Conference Call and Webcast

HOUSTON, Jan. 27, 2016  -- Memorial Production Partners LP (MEMP) announced a cash distribution attributable to the fourth quarter of 2015 and announced full year 2016 guidance.  MEMP also announced that it has scheduled a conference call to discuss its fourth quarter and full year 2015 earnings.  A presentation containing supplemental full year 2016 guidance information has been posted to MEMP’s website at www.memorialpp.com.

Distribution Update

The board of directors of MEMP’s general partner declared a cash distribution of $0.10 per unit for the fourth quarter of 2015, or $0.40 per unit on an annualized basis.

Published: 28 January 2016
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Keane Group to Acquire the U.S. Assets of Trican Well Service Ltd.

Acquisition Increases Keane's Technological Capabilities and Enhances Services Offerings, Improving Productivity and Efficiency for Customers

HOUSTON, Jan. 26, 2016 - Keane Group, a privately-held U.S. based well completion services company, has agreed to acquire the majority of Canada-based Trican Well Service Ltd.'s (TCW.TO) U.S. assets for total consideration of U.S. $247 million, comprised of U.S. $200 million in cash plus a minority interest stake in Keane Group. With the acquisition, Keane will triple its frac capacity, acquire access to proprietary technology, add applied engineering capabilities and further expand the Company's service offerings and geographic reach in the U.S.

Published: 27 January 2016
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