Tuscany Energy Ltd.

Further to its press release of April 29, 2016 in which Tuscany Energy Ltd. announced that it was in breach and had a received a temporary waiver of certain covenants under its demand credit facility, Tuscany has obtained a further waiver of the breaches to June 24, 2016 to allow it to continue to explore alternatives to remedy the breaches. As [...]

Tuscany Energy Ltd. is pleased to report on its financial and operating results for the three months ended March 31, 2016. Financial The three months ended March 31, 2016 has continued to be difficult for energy producers, and the low price for heavy oil in Canada resulted in a decline in Tuscany's financial and operating results. A 33% decline in [...]

Tuscany Energy Ltd. is pleased to report on its financial and operating results for the year ended December 31, 2015. Financial Tuscany reported oil and natural gas sales of $10.1 million for the year ended December 31, 2015 compared with $17.6 million in 2014. The Company reported cash flow from operations of $1.2 million, compared to $8.1 million [...]

Tuscany Energy Ltd. is pleased to announce the results of the independent evaluation of the Company's oil and natural gas reserves, effective December 31, 2015, which was prepared by McDaniel and Associates Consultants Ltd. Tuscany reports that its total proved plus probable reserve volumes decreased only marginally for the year ended December 31 [...]

CALGARY, ALBERTA--(Marketwired - Dec 9, 2015) - Tuscany Energy Ltd. (TSX VENTURE:TUS) is pleased to announce that it put its Winter 91/5-36-42-25W3 horizontal oil well on production December 4, 2015 and over the past two days the well has produced at an estimated rate of 130 barrels of oil per day. Early production results from this new pool well [...]

CALGARY, ALBERTA--(Marketwired - Dec 2, 2015) - Tuscany Energy Ltd. (TSX VENTURE:TUS) announces that it has initiated a process to identify and examine strategic alternatives for the purpose of enhancing shareholder value. Such strategic alternatives may include, but are not limited to, a corporate sale, merger or other business combination, the [...]

CALGARY, ALBERTA--(Marketwired - Nov 30, 2015) - Tuscany Energy Ltd. (TSX VENTURE:TUS) is pleased to announce that it has drilled and cased a new Dina heavy oil pool discovery at Winter, Saskatchewan. The Tuscany Winter HZ 91/5-36-42-25W3 encountered 713 metres of porous oil saturated sand in the Dina zone. Tuscany plans to have the well on [...]

CALGARY, ALBERTA--(Marketwired - Nov. 26, 2015) - Tuscany Energy Ltd. (TSX VENTURE:TUS). Tuscany is pleased to report on its financial and operating results for the third quarter and nine months ended September 30, 2015. The nine months ended September 30, 2015 have been difficult for energy producers, and the low price for heavy oil in Canada [...]

CALGARY, ALBERTA--(Marketwired - Nov 12, 2015) - Tuscany Energy Ltd. (TSX VENTURE:TUS) plans to release its Q3 2015 financial and operating results after the close of the market on November 26, 2015. The Company is pleased to provide the following financial and operating estimates for the three and nine months ended September 30, 2015 [...]

CALGARY, ALBERTA--(Marketwired - Nov 9, 2015) - Tuscany Energy Ltd. (TSX VENTURE:TUS) ("Tuscany" or the "Company") reports that in the second half of November 2015 the Company plans to commence drilling operations on a horizontal well targeting a potential heavy oil Dina structure on its Winter prospect in Saskatchewan. The Winter HZ [...]