Tuesday, March 19, 2013

ATAC Resources Ltd. - ATC.v

ATAC Resources Ltd. - ATC.v is advancing the flagship Rackla Gold Project in the Yukon.

The Rackla Gold Project is located 55 km northeast of Keno City covering an area over 1,600 sq km.







On March 19, 2013 the company released NEWS

ATAC Resources Ltd. (TSX-V:ATC) ("ATAC" or "the Company") announces that Agnico-Eagle Mines Limited ("Agnico-Eagle") today entered into a Subscription Agreement with the Company to make an investment of approximately C$13 million in ATAC by way of a non-brokered private placement consisting of Units. Both Boards of Directors have approved the transaction. Upon completion of this transaction, ATAC's cash position will be approximately C$27 million.

Under the terms of the Subscription Agreement Agnico-Eagle will purchase a total of 9,600,000 Units at a price of C$1.35 per Unit. Each Unit will consist of one common share and one-half of one share purchase warrant (each whole share purchase warrant a "Warrant").


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Monday, March 18, 2013

BNK Petroleum Inc. - BKX.t

BNK Petroleum Inc. - BKX.t is focused on the acquisition, exploration, and production of large oil and gas reserves with a strategic focus on Europe. The company has been awarded a total of 2.7 million net acres consisting of 11 concessions in Germany, Poland, and Spain.










On March 17, 2013 the company released NEWS

BNK Petroleum Inc.'s indirect wholly owned subsidiary BNK Petroleum (U.S.) Inc. has entered into a purchase and sale agreement with XTO Energy Inc., a subsidiary of Exxon Mobil Corp., for the sale by BNK U.S. of its Tishomingo field, Oklahoma, assets other than the Caney and upper Sycamore formations, for $147.5-million (U.S.), subject to customary closing adjustments.

Subject to completion of customary conditions, the transaction is expected to close in late April. If the transaction is completed, the proceeds of the sale are expected to be used to accelerate the drilling of Caney wells in the Tishomingo field, the company's exploration efforts in Europe and for repayment of the company's credit facility.
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Wednesday, March 13, 2013

Cequence Energy Ltd. - CQE.t

Cequence Energy Ltd. - CQE.t is a natural gas and oil exploration and production company focused on the Deep Basin in Alberta and the Peace River Arch in north western British Columbia.

Current production is reported to exceed 9,000 boepd.




On March 7, 2013 the company released NEWS

"Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: "CQE") is pleased to announce its 2012 year end reserves and its operating and financial results for the three months and the year ended December 31, 2012.

Reserve Highlights

Cequence’s 2012 year end reserves reflect a continued focus on the successful delineation of its Simonette property in the Deep Basin of Alberta. The growth in reserves further substantiates management's views that the Company's assets contain significant resource potential.













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