Epsilon Energy Ltd. Updates Its Shares Purchased to Date Under Its Normal Course Issuer Bid

November 11, 2008 Filed Under: Mining Stocks, Oil and Gas  

Epsilon Energy Ltd., announced that it had purchased 1,000,000 of its Common Shares through a combination of open market and block trades at an average cost of $0.83 per Common Share between October 1, 2008 and November 7, 2008. Under terms of the Normal Course Issuer Bid approved by the Toronto Stock Exchange (“TSX”) on September 29, 2008, Epsilon may purchase up to a total of 2,000,000... 

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Epsilon Energy Provides Operational Update of Drilling Results in Block 41 in the Republic of Yemen

October 21, 2008 Filed Under: Oil and Gas  

Epsilon Energy Ltd (Toronto:EPS.TO – News) (“Epsilon” or the “Company”), with its wholly owned subsidiary Epsilon Energy Yemen ltd. (EEYL) and its partners Oil and Gas Mine Company (OGMC), Geopetrol Shabwa Corp. and Yemen Oil and Gas Corporation (YOGC), are providing the following update of their drilling program on Block 41 in the Republic of Yemen. Al Waya #2 Side Track While... 

Calvalley Signs First Production Sharing Contract in Ethiopia

October 20, 2008 Filed Under: Mining Contractors, Oil and Gas  

Calvalley Petroleum Inc. announce that it has entered into its first Production Sharing Contract with the Ethiopian Government for the exploration, development and production of petroleum resources in the Gimbi and Metema blocks under a single contract covering a total area of over 46,470 square kilometers (11.5 million acres). Both blocks are located in the western part of the country, adjacent to... 

TransGlobe Acquires Additional Interest in West Gharib Properties

August 19, 2008 Filed Under: Oil and Gas  

TransGlobe Energy Corporation announce it has completed the acquisition of an additional 25 percent in certain leases on its West Gharib (Arab Republic of Egypt) properties from its partner, a private company registered in Cyprus, for consideration of US$18.0 million adjusted to June 1, 2008. This acquisition brings TransGlobe’s holdings to a 100 percent working interest on all nine West Gharib...