Tuscany is pleased to announce that it has closed the final tranche of its previously announced non-brokered private placement of common shares of the Corporation issued on a flow-through basis in respect of Canadian development expenses. In this tranche, the Corporation has issued an aggregate of 1,412,000 CDE FT Shares at a price of $0.44 per CDE [...]
Tuscany is pleased to announce that it has closed the initial tranche of its previously announced non-brokered private placement of common shares of the Corporation issued on a flow-through basis in respect of Canadian development expenses. In this initial tranche, the Corporation has issued an aggregate of 1,318,000 CDE FT Shares at a price of [...]
Tuscany announces that it plans to issue up to 2.73 million common shares of the Corporation to be issued on a flow-through basis in respect of Canadian development expenses at a price of $0.44 per CDE FT Share for total consideration of up to approximately $1,200,000. Tuscany will renounce to subscribers of the common shares effective on or before [...]
CALGARY, ALBERTA--(Marketwired - Nov 6, 2014) - Tuscany Energy Ltd. (TSX VENTURE:TUS) is pleased to announce that corporate net production for the month of October 2014 averaged approximately 940 BOEd (84% oil), the highest in the Company's history. This increase in production was due to the drilling and tie-ins of new Dina horizontal wells at [...]
CALGARY, ALBERTA--(Marketwired - Oct 23, 2014) - Tuscany Energy Ltd. (TSX VENTURE:TUS) announced that it has filed with the TSX Venture Exchange (the "Exchange") a Notice of Intention to make a Normal Course Issuer Bid (the "Bid") to purchase for cancellation, from time to time, as it considers advisable, up to 2,300,000 of the issued and [...]
CALGARY, ALBERTA--(Marketwired - Sep 29, 2014) - Tuscany Energy Ltd. (TSX VENTURE:TUS) is pleased to announce that it has completed a drilling program of five horizontal oil wells and a water disposal well, all in Saskatchewan, increasing its current production average to a corporate record of 890 BOEPD. SUMMER DRILLING PROGRAM RESULTS At Evesham [...]
CALGARY, ALBERTA--(Marketwired - Sep 12, 2014) - Tuscany Energy Ltd. (TSX VENTURE:TUS) is pleased to announce that a step out vertical well drilled for water disposal purposes at the Company's 100% working interest Macklin property encountered nine metres of Dina oil pay. The 7-33-39-28W3 well was drilled to 1,011 metres as a potential Duperow [...]
CALGARY, ALBERTA--(Marketwired - Aug 28, 2014) - Tuscany Energy Ltd. (TSX VENTURE:TUS) is pleased to report record increases in production, revenues and cash flow from operations for the six months ended June 30, 2014, compared to the same period of 2013. For the first half of 2014, Tuscany's revenues totalled $9.0 million compared with $2.9 [...]
Tuscany Energy is pleased to announce that it has completed drilling a new oil pool discovery well on its Rutland prospect, West Central Saskatchewan. The horizontal well, located at 91/13-34-40-25W3M, encountered over 500 metres of porous oil saturated Dina sand, and slotted liner has been run over the potential pay section. Production equipment [...]
CALGARY, ALBERTA--(Marketwired - Jul 29, 2014) - Tuscany Energy Ltd. ("Tuscany") (TSX VENTURE:TUS) is pleased to report that the Company's average sales volumes for the second quarter of 2014 were approximately 750 BOED. Having closed its recent $3.0 million financing, the Company has commenced drilling operations on a heavy oil drilling program [...]
Tuscany Energy is pleased to announce the closing of its recently announced financing for aggregate gross proceeds of $3.0 million. The Offering was led by Acumen Capital Finance Partners Limited and included Industrial Alliances Securities Inc. and Richardson GMP Limited. An aggregate of 4,286,000 Units of the Corporation and 3,214,000 common [...]
Tuscany Energy is pleased to announce that it has filed and received a receipt for its final short form prospectus in connection with its previously announced public offering of units and common shares of the Corporation to be issued on a flow-through basis in respect of Canadian development expenses at a price of $0.40 per Unit or CDE FT Share, as [...]
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