LGX Oil + Gas Inc. Announces Significant Banff Completion Test Results

CALGARY , June 24, 2015 - LGX Oil + Gas Inc. ("LGX" or the "Company") (OIL.V) is pleased to provide completion test results from recent southern Alberta activity.  Big Valley (Three Forks) Formation production from the horizontal well at 6-36-8-24 W4M was isolated and the Banff Formation was completed with a 6 m perforated interval in the build section of the intermediate casing and stimulated with a small volume acid job.  The completion has achieved the following extended production test results:

The Banff Formation has been flowing back for 159 hours and has produced in excess of 2,700 Bbl of light oil for an average daily rate of approximately 420 Bbl oil per day over the test period.  Peak oil rates in excess of 800 Bbl per day have been measured during the flow back period.  The 6-36 well is still flowing 130 Bbl of oil per day at a flowing pressure of 1,000 kPa with a two percent water cut from the un-frac'd Banff Formation.  LGX has a 100 percent interest in the well prior to recovery of 200 percent of the drilling, completion, equipping and tie-in costs, at which point its interest will revert to 80 percent.  Please refer to important Reader Advisories at the end of this news release.

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Erin Energy Commences Production From the Oyo-7 Well

Production from Oyo field expected to double

HOUSTON---- Erin Energy Corporation (“Erin Energy” or the “Company”) (NYSE MKT: ERN) announced today it has commenced production from the Oyo-7 well (“Oyo-7”) located in OML 120 offshore Nigeria. Erin Energy is the operator of the Oyo field and has a 100% interest in the block.

Oyo-7 was drilled to a total depth of approximately 8,000 feet (2,438 meters) and was successfully completed horizontally in the Pliocene formation. The well is located in approximately 1,000 feet (300 meters) of water and is producing into the Floating Production Storage and Offloading vessel, Armada Perdana. Oyo-7 is expected to produce approximately 7,000 barrels of oil per day following optimization of choke size.

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Canamax Announces Strategic Business Combination With Powder Mountain Energy Ltd Which Provides Access to $21.5 Million of Surplus Cash

CALGARY, AB--(Marketwired - June 15, 2015) - Not for dissemination in the United States of America or distribution to any United States newswire services

Canamax Energy Ltd. ("Canamax" or the "Company") (TSX VENTURE: CAC) is pleased to announce that it has entered into an arrangement agreement (the "Arrangement Agreement") with Powder Mountain Energy Ltd. ("Powder") to acquire all of the common shares of Powder (the "Powder Combination") for total expected consideration of approximately $27.35 million, payable through the issuance of Canamax common shares having a deemed value of $0.60 per share (the "Canamax Arrangement Shares"). The total consideration being paid is based on an attributed value of $5.85 million for Powder's existing lands, production and reserves and a working capital surplus (substantially all cash) of $21.5 million estimated on the closing date of the Powder Combination. The consideration payable by Canamax, and the number of Canamax Arrangement Shares issuable by Canamax, will be adjusted if Powder's cash and working capital balance either exceeds or is less than $21.5 million at closing. Before any adjustments, Canamax expects to issue approximately 45.583 million Canamax Arrangement Shares pursuant to the Powder Combination. Subject to the receipt of requisite approvals and the satisfaction of certain conditions, all as discussed further below, it is anticipated that the Powder Combination will close on or before July 31, 2015.

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Enerplus Continues Strong Operational Performance - Updates 2015 Production and Capital Spending Guidance

This news release includes forward-looking statements and information within the meaning of applicable securities laws.  Readers are advised to review the "Forward-Looking Information and Statements" at the conclusion of this news release.

CALGARY, June 10, 2015 - Enerplus Corporation ("Enerplus") (TSX:ERF - News) (NYSE:ERF - News) is announcing an increase to its production guidance and capital spending in 2015.

Year to date, we have been producing at the high end of our guidance range while maintaining cost discipline.  Additionally, we have decided to accelerate the completion of eight North Dakota oil wells at a cost of $60 million.  This activity is underpinned by strong economics and is expected to provide increased funds flow and reduced leverage ratios in 2015 and 2016.

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Recon Technology, Ltd. Becomes a Qualified Contractor (Subcontractor) for Sinopec Subsidiary

BEIJING, June 10, 2015 -- Recon Technology, Ltd. (NASDAQ: RCON), ("Recon" or the "Company"), a leading independent oilfield services provider operating primarily in China, today announced that the Company has received Contractor (Subcontractor) Qualification (the "Qualification") from Jianghan Oilfield Construction Engineering Company ("JOCEC"), a subsidiary of China Petroleum & Chemical Corporation (NYSE: SNP) ("Sinopec"). The Qualification, which is valid for one year from June 4, 2015 and extendable on a yearly basis thereafter, qualifies Recon as a general contractor (subcontractor) to participate in certain construction and engineering projects at JOCEC ranging from the expansion and renovation of existing facilities to the construction of new facilities.  In connection with the Qualification, the Company also announced today that it has secured a contract with JOCEC worth approximately RMB 550,000.

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