CALGARY, Jan. 30, 2015 /CNW/ - Connacher Oil and Gas Limited (CLL – TSX; "Connacher" or the "Company") announced today a proposed recapitalization transaction (the "Recapitalization") aimed at significantly reducing the Company's debt and annual interest expense, and providing additional liquidity to fund ongoing operations. The Recapitalization provides for, among other things: Exchange of approximately C$1.0 billion of Connacher's debt for common shares of Connacher, including accrued and [Read more]
Archives for January 2015
Kinder Morgan stops pursuing B.C. court action against anti-pipeline protesters
BURNABY, B.C. - Kinder Morgan says it will not continue court action against protesters who demonstrated against the proposed expansion of a pipeline while survey crews drilled on Burnaby Mountain.The company has filed a discontinuance of its B.C. Supreme Court civil lawsuit against five people who protested at the site last November and December.It says it approached all the defendants last month and offered to stop its proceedings and that two of the defendants agreed but discontinuing the [Read more]
Macro Enterprises Inc. Responds to Market Activity and Announces Date of Release of 2014 Fourth Quarter and Year End Results
FORT ST. JOHN, BRITISH COLUMBIA--(Marketwired - Jan. 30, 2015) - Macro Enterprises Inc. (TSX VENTURE:MCR) (the "Company" or "Macro") acknowledges the marked decline in its share price over recent weeks. The Company is not aware of any material change uniquely related to its operations that would account for the price decline, but suspects that the market community is reacting to the significant fall in oil prices and its anticipated effect on oil and gas operations by the Company's clients. [Read more]
Enbridge Inc. to Webcast 2014 Year End Financial Results
CALGARY, ALBERTA--(Marketwired - Jan. 30, 2015) - Enbridge Inc. (TSX:ENB) (NYSE:ENB) will host a webcast conference call to discuss its 2014 fourth quarter and year-end financial results on Friday, February 20, 2015. Webcast Information Event: Enbridge Inc. 2014 Year End Financial Results Conference Call Date: Friday, February 20, 2015 Time: 7:00 a.m. Mountain Time / 9:00 a.m. Eastern Time Webcast: sign-up Conference Call Information [Read more]
N.W.T. opens land for first oil exploration auction since devolution
OTTAWA - The Northwest Territories is holding its first auction for energy exploration licences since that responsibility was delegated to Yellowknife from Ottawa.The territory is putting rights to more than 160,000 hectares in the central Mackenzie Valley on the block.The devolution agreement with the federal government took effect last April."It's a positive step forward for us, and a bit of a maturation for us as we move into our new responsibilities as a government," Dave Ramsay, industry, [Read more]
Maple Leaf Royalties Corp. Completes Acquisition of Oil and Gas Royalties
CALGARY, ALBERTA--(Marketwired - Jan. 30, 2015) - Maple Leaf Royalties Corp. (TSX VENTURE:MPL) ("Maple Leaf") is pleased to report that it has completed the previously announced acquisition of royalty interests in nine oil and gas wells located in Alberta (the "Royalties") from Maple Leaf 2012 Energy Income Limited Partnership. Please refer to Maple Leaf's news release of January 22, 2015 for additional information regarding the transaction and the Royalties. The transaction remains subject to [Read more]
Madalena Provides an Operations Update and Posts an Updated Corporate Presentation
CALGARY, Jan. 30, 2015 /CNW/ - Madalena Energy Inc. ("Madalena" or the "Company") (TSXV: MVN and OTC: MDLNF) provides the following operational update and posts a new corporate presentation on its website at www.madalenaenergy.com DOMESTIC OPERATIONS UPDATE – WESTERN CANADA On January 28, 2015, Madalena was advised by Keyera Corp. ("Keyera") that Keyera's Paddle River gas plant will be shut down for a minimum period of two months commencing February 1, 2015 due to current economic conditions and [Read more]
Media/Photo Advisory: Enbridge Gas Distribution Pancake Breakfast
OTTAWA, ONTARIO--(Marketwired - Jan. 30, 2015) - On Saturday, January 31, Enbridge Gas Distribution will be kicking off Winterlude by hosting its eleventh-annual free pancake breakfast. Winterlude participants are invited to attend for free pancakes and hot chocolate as they start their day of winter festivities. This is one of Winterlude's most well-attended events, generally attracting thousands of pancake lovers. Enbridge is proud to again support this classic Canadian winter [Read more]
N.W.T. premier launches study to lay groundwork for oil pipeline to Arctic Ocean
OTTAWA - The premier of the Northwest Territories says it's time to start laying the groundwork for a potential oil pipeline to the Arctic Ocean, notwithstanding currently depressed global energy prices.Bob McLeod announced to an Ottawa reception Thursday evening that he's launching a year-long feasibility study that will examine an energy, communications and transportation corridor up the Mackenzie Valley."We know we need to find a way to get our resources to market and it is time for us to [Read more]
Bonterra Energy Corp. Announces 2015 Operational Update and Dividend Adjustment
CALGARY, ALBERTA--(Marketwired - Jan. 29, 2015) - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) ("Bonterra" or "the Company") today announces changes that are necessary to ensure the Company maintains its financial strength and long-term objectives during this period of extreme market volatility. Based on current commodity pricing assumptions, the Company is taking the following steps: Capital expenditures for 2015 are currently budgeted to be approximately $58 million compared [Read more]
- 1
- 2
- 3
- …
- 25
- Next Page »