Baytex Increases its Offer Price to AU$4.20 Per Share

PERTH, Western Australia, May 13, 2014 - Aurora Oil & Gas Limited ("Aurora") (ASX:AUT, TSX:AEF) welcomes the announcement by Baytex Energy Corp. that it has increased to AU$4.20 per share the price it is offering to all Aurora shareholders under the scheme of arrangement under which it proposes to acquire, through its wholly owned subsidiary Baytex Energy Australia Pty Ltd, all of the shares in Aurora (the "Scheme").

If the Scheme is implemented, Aurora shareholders will receive AU$4.20 for each Aurora share held on the Record Date (or if the address shown on the Register is in Canada, the Canadian dollar equivalent determined in accordance with the process set out in section 3.4(c) of the Scheme Booklet).

Parex Announces Strategic Acquisition of Verano to Consolidate its Working Interest in Southern Llanos Blocks LLA-32 and LLA-34

CALGARY, ALBERTA--(Marketwired - May 13, 2014) - NOT FOR DISTRIBUTION OR FOR DISSEMINATION IN THE UNITED STATES

Parex Resources Inc. ("Parex" or the "Company") (PXT.TO) and Verano Energy Limited ("Verano") are pleased to announce that they have entered into an agreement whereby Parex has agreed to purchase all of the issued and outstanding common shares of Verano, a private oil company with operations in Colombia (the "Transaction") for a total net consideration of CAD$198 million or CAD$1.25 per Verano share, pursuant to a plan of arrangement (the "Arrangement") under the Business Corporations Act (Alberta). The Transaction consolidates the Company's core Southern Llanos area by acquiring additional working interests in Blocks LLA-32, LLA-34, and in LLA-17, where significant exploration and appraisal success has been demonstrated, and will result in Parex assuming operatorship of Block LLA-32.

PanTerra Resource Corp. Announces Recapitalization Financing and New Management Team

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS./

TSX-V: PRC CALGARY, May 7, 2014  - PanTerra Resource Corp. ("PanTerra" or the "Corporation") is pleased to announce that it has entered into a definitive reorganization and investment agreement (the "Agreement") with Tim de Freitas, Dorothy Else, Carrie McLauchlin, Yvonne McLeod, Greg Feltham, Kavanagh Mannas and Bob Quartero (the "Initial Investor Group"), which provides for: (i) a non-brokered private placement of up to an aggregate of approximately $20.0 million (the "Private Placement");

Encana Continues Bold Change With US$3.1 Billion Oil-Rich Eagle Ford Acquisition

CALGARY, ALBERTA--(Marketwired - May 7, 2014) - In a bold strategic move, Encana (TSX:ECA)(NYSE:ECA) will significantly accelerate its plan to transition its portfolio and grow shareholder value through an agreement reached with Freeport-McMoRan for Encana's wholly owned subsidiary, Encana Oil & Gas (USA) Inc., to acquire approximately 45,500 net acres in Karnes, Wilson and Atascosa counties of south Texas for about US$3.1 billion. The acreage produced approximately 53,000 barrels of oil equivalent per day (boe/d) in the first quarter of 2014 and has an estimated drilling inventory of more than 400 locations. The area is widely known as being in the heart of the oil-rich Eagle Ford resource play. The deal, which Encana anticipates will be accretive to 2014 cash flow, will approximately double the Company's current oil production and significantly enhance its continuing efforts to reposition to a more balanced commodity portfolio.