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Last updated on April 18, 2014 at 15:11 EDT

Latest Australian-Canadian Oil Royalties Ltd. Stories

2013-05-30 08:23:39

CISCO, Texas, May 30, 2013 /PRNewswire/ -- Australian-Canadian Oil Royalties Ltd. (OTCBB: AUCAF) ("ACOR" or "the Company") and International TME Resources Inc. ("ITME") are pleased to announced that they have signed an agreement in which ACOR will acquire all of the issued and outstanding shares of ITME (the "Transaction"). The Transaction is expected to be completed by way of Plan of Arrangement (the "Arrangement") and has been approved by the board of directors of both ACOR and ITME....

2012-05-23 10:23:00

CISCO, Texas, May 23, 2012 /PRNewswire/ -- Australian-Canadian Oil Royalties Ltd. (OTCBB: AUCAF) ("ACOR" or "the Company") is pleased to announce the completion of a definitive farm-out agreement with Terra Nova Minerals Inc. on the exploration of its Australian Cooper Basin holdings (the "Farm-Out"). The Farm-Out, which was made effective May 11, 2012, set out terms by which Terra Nova may earn a 55% working interest in ACOR's PEL 112 and PEL 444 concessions by funding seismic...

2012-03-01 08:30:00

CISCO, Texas, March 1, 2012 /PRNewswire/ -- Australian-Canadian Oil Royalties Ltd. (OTCBB: AUCAF) ("ACOR" or the "Company") is pleased to announce the closing of the acquisition of working interests in the Surat basin, onshore Australia, as previously announced on November 21, 2011. The Company is also pleased to announce the closing of the second tranche of financing at US$0.35 per share and provide guidance on current and future operations in Australia. (Logo:...

2012-01-24 08:15:00

CISCO, Texas, Jan. 24, 2012 /PRNewswire/ -- Australian-Canadian Oil Royalties Ltd. (OTCBB: AUCAF) ("ACOR" or "the Company") is pleased to announce that, further to its press release of November 21, 2011, it has completed the non-brokered sale of 5,187,670 subscription receipts (the "Subscription Receipts") at a price of $0.35 per Subscription Receipt for aggregate gross proceeds of $1,815,684.50 (the "Offering"). The Subscription Receipts were issued pursuant to a subscription receipt...

2011-11-21 08:10:00

CISCO, Texas, Nov. 21, 2011 /PRNewswire/ -- Australian-Canadian Oil Royalties Ltd. (OTCBB: AUCAF) ("ACOR" or "the Company") is pleased to announce that the Company has signed a series of agreements ("the Agreements") with two private Australian companies (collectively, "the Vendors") and a private Canadian company, to acquire, amongst other things, a 100% working interest in Petroleum Leases 18 and 40 ("PL 18" "PL 40") and a 50% working interest in Petroleum Lease 280 ("PL 280")...

2011-07-13 08:05:00

CISCO, Texas, July 13, 2011 /PRNewswire/ -- Australian-Canadian Oil Royalties Ltd. (herein called ACOR) (OTCBB: AUCAF.ob) is pleased to announce that the PEL 92 Joint Venture has approved the work program and budget for an aggressive exploration campaign for the twelve month period to June 2012. The program includes nine exploration wells and both 3D and 2D seismic. (Logo: http://photos.prnewswire.com/prnh/20110331/MM75323LOGO) The nine exploration wells will focus largely on the...

2011-06-22 08:10:00

CISCO, Texas, June 22, 2011 /PRNewswire/ -- Australian-Canadian Oil Royalties Ltd. (herein called ACOR) (OTCBB: AUCAF) is pleased to announce that ACOR wins in a percentage (3.5%) of a judgment in the amount of $23,619,000.00 against Atmos Energy Corporation relating to their malfeasance in operating the gas plant in the Park Cities Kentucky field. (Logo: http://photos.prnewswire.com/prnh/20110331/MM75323LOGO) ACOR's share is approximately $454,665.75 after legal fees. Atmos...

2008-09-25 12:00:37

Australian-Canadian Oil Royalties Ltd. (herein called ACOR) (OTCBB:AUCAF) is pleased to announce that Victoria Petroleum N.L. as operator for the PEL 111 Joint Venture advises that the Warhawk exploration well commenced drilling on September 16th, 2008 at 0700 hours. The current operation at 0600 hours is drilling 12 1/4 inch hole at approximately 1676 feet. Warhawk-1 is being drilled to test the Warhawk Prospect which is interpreted from seismic data to have the potential to contain up...

2008-09-23 09:01:01

Australian-Canadian Oil Royalties Ltd. (herein called ACOR) (OTCBB:AUCAF) is pleased to announce the start of the Bazzard-1 Well, located Offshore in the Gippsland Basin on VIC/P53 on ACOR's ORRI. The status of the Bazzard-1 well at 06:00 hrs on September 22nd was: Bazzard-1 spudded at 23:30 hours on September 20th 2008. The well has currently drilled to approximately 498 feet. Bazzard-1 will be drilled in approximately 223 feet of water and will be drilled to a total depth of...

2008-09-19 09:00:35

Australian-Canadian Oil Royalties Ltd. (herein called ACOR) (OTCBB:AUCAF) is pleased to announce that Nexus Energy Limited, the operator of VIC/P54 including the production license VIC-L29 advises that the Longtom-4 development well in the Gippsland Basin, offshore Victoria has been successfully flow tested. The test of the primary production zone within the Admiral formation flowed at a rate of approximately 58 MMCF per day through a 64/64" choke on ACOR's ORRI. The well flowed for 35...