Calvalley Petroleum Inc.

The Company has been informed that the main export pipeline to the Ras Isa terminal is out of service due to a rupture. The Company plans to manage its production operations at Block 9 consistent with available storage capacity at its central processing facility and the ability to transport its crude oil production. Forward-looking InformationThis [...]

The Syndicate Committee of the Employees of Block 9 today agreed to suspend strike action and return to work. Additional meetings between the Company, the Government and the Union have been scheduled to discuss and resolve outstanding issues. Forward-looking InformationThis press release may contain forward-looking information. Words such as "may [...]

On August 27, 2014 the local labour union initiated unilateral action to implement a strike. The Company is engaged with legal advisors, the government and the union to resolve the reasons for the unilateral action in order to end the strike as soon as possible. The Company is adopting all measures possible to mitigate the impact of the strike on [...]

Calvalley Petroleum announces that the Board of Directors has declared a special dividend of Cdn$0.07 per common share payable to shareholders of record on August 29, 2014. The special dividend is designated as an "eligible dividend" under the Income Tax Act (Canada) and will be paid in cash on September 15, 2014. About Calvalley Petroleum Inc [...]

Calvalley Petroleum is pleased to announce that the Toronto Stock Exchange has accepted its notice to make a normal course issuer bid to purchase outstanding Class A Common Shares of the Company on the open market, in accordance with the rules of the TSX. As per the TSX approval, Calvalley is authorized and intends to purchase up to 3,000,000 [...]

The operating environment in Yemen continues to present challenges that result from unique in-country issues. As a result of blockades by locals on the truck route to Block 51, access to normal industry services for drilling operations is restricted and the preferred marketing outlet through the Ash Shihr terminal is not accessible. In early [...]

Calvalley Petroleum provides the following operations update for shareholders. The Company is pleased to announce that production operations at Block 9 are being resumed as storage capacity at the central processing unit ("CPF") becomes available. The Company has been informed by the operator of Block 18 that the oil pipeline between Block 18 and [...]

Calvalley Petroleum provides the following operations update for shareholders. Late in the evening on May 7, 2014 the oil pipeline between Block 18 and the Ras Isa Terminal on the Red Sea was ruptured in two locations. On May 8, 2014, the operator of Block 18 indicated that no further shipments of crude oil would be accepted from Calvalley until [...]

Calvalley Petroleum Inc., (TSX: CVI.A) CALGARY, May 7, 2014 /CNW/ - Calvalley Petroleum Inc. ("Calvalley" or the "Company") announces the voting results of the Annual and Special Meeting of Shareholders held on Tuesday May 6, 2014. The results of the vote on the election of director nominees were as follows: Votes For (%) Edmund [...]

Calvalley Petroleum Inc., (TSX: CVI.A) CALGARY, May 6, 2014 /CNW/ - Highlights The Company has been successful in maintaining production levels from three producing fields Hiswah, Ras Nowmah and Ras Nowmah South. Gross production in April, 2014 was approximately 4,000 barrels per day with the Hiswah field contributing approximately 2,600 [...]