NAL Oil & Gas Trust (TSX:NAE.UN)reported that it is meeting with the investment community in Calgary, Alberta on Thursday, January 21, and in Toronto, Ontario on Monday, January 25, to outline details of NAL’s 2010 operating plan and financial assumptions.
Canacol Energy Ltd. (TSX VENTURE:CNE)reported that the Company has granted 5,774,000 stock options to eligible participants.
Harvest Energy Trust (TSX:HTE.DB.B) (TSX:HTE.DB.D) (TSX:HTE.DB.E) (TSX:HTE.DB.F) (TSX:HTE.DB.G) and its wholly-owned subsidiary, Harvest Operations Corp. (“HOC”), announce that offers to purchase all outstanding convertible debentures of Harvest and all outstanding 7(7/8)% senior notes of HOC for cash consideration equal to 101% of the principal amount thereof plus accrued and unpaid interest have been made in accordance with the indentures pursuant to which the debentures and senior notes were issued.
The key terms reached by the parties were to pay 55 percent of the principal balance plus interest. The agreement allows the Company to purchase its debentures with two equal cash payments.
Spartan Exploration Ltd.(TSX:SPE) announced that the acquisition of all of the issued and outstanding common shares of Aztek Energy Ltd. (TSX VENTURE:AZT.H) on the basis of 0.0805 of a common share of Spartan for each 1.0 Aztek Share by way of a plan of arrangement has been successfully completed.
ProSep Inc. (TSX:PRP) reported that the company has been awarded a $3.5 million (U.S.) contract to provide gas membrane equipment to a large independent North-American oil and gas company.
NuLoch Resources Inc. (TSX VENTURE:NLR.A)(TSX VENTURE:NLR.B) provided a production and operations update.
WesternZagros Resources Ltd. (TSX VENTURE:WZR) reported the appointment of Mr. Ian McIntosh to the new position of Vice President, Kurdistan Business Unit, to be resident in Iraqi Kurdistan.
According to Wall Street News Alert’s “stocks to watch” are: Fidelis Energy Inc. (PINKSHEETS: FDEI), Exxon Mobil Corporation (NYSE: XOM), Apple Inc. (NASDAQ: AAPL) and Chesapeake Energy Corporation (NYSE: CHK).
Neste Oil Corporation announced that the company’s annual summary of stock exchange releases and interim reports published during the year 2009 is available in pdf format at company’s website.
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