CALGARY, ALBERTA--(Marketwire - March 25, 2013) - NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES AltaGas Ltd. ("AltaGas") (ALA.TO)(ALA-PA.TO)(TSX:ALA.PR.U) announced today that its indirect wholly owned subsidiary AltaGas Power Holdings (U.S.) Inc. has entered into a purchase and sale agreement with affiliates of LS Power Equity Advisors, LLC to acquire Blythe Energy, LLC ("Blythe"), which owns a 507 MW natural gas-fired combined cycle [Read more]
Archives for March 2013
ONE DOWN! U.S. Senate endorses Keystone XL pipeline construction
The Associated Press WASHINGTON — The Senate has endorsed construction of the proposed Keystone XL pipeline that is to carry oil from Canada to Texas oil refineries. Senators voted 62-37 on Friday for the nonbinding measure. Seventeen Democrats and all 45 Republicans voted yes. For four years, environmentalists and others have tried to derail the project, saying extracting the oil from Alberta oilsands would increase global warming. President Barack Obama has thwarted it twice, and [Read more]
Federal budget skills training plan embraced by some Alberta business groups
By Lauren Krugel, The Canadian Press CALGARY - Alberta business groups say a rejigged skills training program included in the most recent federal budget could offer some relief for the province's tight labour market. Travis Davies of the Canadian Association of Petroleum Producers says connecting the right workers with the right jobs is a "huge challenge" in the oilpatch, where skilled tradespeople such as pipefitters and plumbers are in high demand. "To the degree that you [Read more]
U.S. energy regulator rejects Enbridge North Dakota pipeline plan
CALGARY - Enbridge Inc.'s plans to pipe more oil out of North Dakota were handed a setback Friday, as the U.S. energy regulator rejected its plan to recover the costs of a proposed $2.5 billion project from customers. Enbridge (TSX:ENB) had argued to the Federal Energy Regulatory Commission that the petition would give the company the certainty it needed to allow the Sandpiper project to go forward. But FERC says the filing doesn't meet its regulations for rate changes. While [Read more]
Canada rig count drops off as spring break-up begins
[table] [attr style="width: 20%"]`[attr style="width: 35%"]`[attr style="width: 15%"]Oil`[attr style="width: 15%"]Gas`[attr style="width: 15%"]Total [attr rowspan="5" style="background-color: #E0E0E0; text-align: center; vertical-align: middle;"]Canada`This Week`221`116`337 Last Week`366`137`503 Last Year`235`117`352 Week over Week Change`-145`-21`-166 Year over Year Change`-14`-1`-15[/table] [table] [attr style="width: 20%"]`[attr style="width: 35%"]`[attr style="width: 15%"]Oil`[attr [Read more]
NOT HAPPY. Redford calls Ontario taxpayer-funded pipeline bombing game ‘disappointing’
By Maria Babbage ORONTO - Alberta Premier Alison Redford is weighing in on the controversy surrounding an online game funded by Ontario taxpayers that shows the bombing of a gas pipeline. TV Ontario, the province's public broadcaster, spent money to create the game "Pipe Trouble" to accompany a documentary about the pipeline debate in British Columbia. But critics are slamming the game's introductory video, which appears to show activists protesting before a pipeline blows [Read more]
Ontario funds game promoting bombing pipelines, Ontario Premier to investigate
Ontario Premier Kathleen Wynne says she will look into an online game partly paid for and promoted by a taxpayer-funded broadcaster that shows the bombing of a gas pipeline. A blog post supporting the game appeared on the website of TV Ontario. It also provides a link to the game, called Pipe Trouble, and offers a free trial. But questions were raised on Thursday about the game’s introductory video, which appears to show activists protesting before a pipeline blows up. The TVO [Read more]
Invicta Energy Corp. Announces Profitable Year End Financial and Operating Results for 2012
CALGARY , March 22, 2013 /CNW/ - Invicta Energy Corp. ("Invicta" or the "Company") (VCA.V) is pleased to report its financial and operating results for year ended December 31, 2012. Invicta's audited financial statements and related management's discussion and analysis for three months and year ended December 31, 2012 have been filed and are available on the SEDAR website at www.sedar.com and may also be obtained on Invicta's website at www.invictaenergy.ca. During 2012 Invicta continued the [Read more]
Pine Cliff Energy Announces Year End and Fourth Quarter 2012 Results
CALGARY, ALBERTA--(Marketwire - March 22, 2013) - Pine Cliff Energy Ltd. (Pine Cliff or the Company) (TSX VENTURE:PNE) is pleased to announce its operating and financial results for the fourth quarter and year ended December 31, 2012. The related financial statements and notes, as well as management's discussion and analysis, are available on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com and on Pine Cliff's website at www.pinecliffenergy.com. Pine [Read more]
Renegade Petroleum Ltd. Announces Record Production and Significant Reserve Growth
CALGARY, ALBERTA--(Marketwire - Mar 21, 2013) - Renegade Petroleum Ltd. ("Renegade" or the "Company") (TSX VENTURE:RPL) is pleased to announce it has filed on SEDAR its audited annual consolidated financial statements ("Financial Statements") and related management''s discussion and analysis ("MD&A") for the three months and year ended December 31, 2012. Selected financial and operational information is outlined below and should be read in conjunction with the Financial Statements and [Read more]
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