Archive for February, 2010

FairWest Energy’s Corporate Update

FairWest Energy Corporation (TSX VENTURE:FEC) that the company is continuing to operate under the terms of a Forbearance Agreement with its principal lender which was designed to allow the Company to comply with the terms of its credit facility with the Bank.

Sherritt Announces Quarterly Dividend

Sherritt International Corporation (TSX:S) reportec that the company has approved a quarterly dividend, with respect to the first quarter of 2010, of $0.036 per common share, payable April 14, 2010 to shareholders of record as of the close of business on March 31, 2010.

Primary Petroleum Increases Production

Primary Petroleum reports that its Twin Lakes 7-35 gas well has been tied in and began production on February 9, 2009. The gas well is currently producing at approx. 300 thousand cubic feet per day (“mcf/d”) or 50 barrels of oil equivalent per day (“boe/d”). The production from this gas well has increased the Company’s current overall [...]