Support for Rachel Notley and her NDP party has dropped since this spring’s provincial election, according to a recently released poll from Mainstreet/Postmedia. The poll found that if another election were held today, more voters would choose the Wildrose Party rather than the newly elected NDP. Of the 3,007 Albertans polled on June 30th, 33% would vote Wildrose, 26% would vote NDP, and 20% would vote PC. In only a couple of months since being elected, Premier Notley has acted quickly [Read more]
Archives for July 2015
Gulf states reach $18.7 billion settlement with BP over 2010 Deepwater Horizon oil spill
NEW ORLEANS - Trying to close the books on the worst offshore oil spill in U.S. history, BP agreed Thursday to provide billions of dollars in new money to five Gulf Coast states in a deal the company said would bring its full obligations to an estimated $53.8 billion.Federal and state government officials touted the record-breaking $18.7 billion agreement as a historic milestone in the Gulf Coast's recovery. The Deepwater Horizon disaster killed 11 rig workers and spewed millions of gallons of [Read more]
Tanager Energy Inc.: Acquisition of Oil and Gas Property
CALGARY, ALBERTA--(Marketwired - July 2, 2015) - Tanager Energy Inc., (TSX VENTURE:TAN) (the "Corporation") advises that it has closed the purchase of a 39% working interest in an oil and gas property for $110,000. The property consists of one producing CBM gas well, one producing Mannville gas well, and one suspended Devonian D3 oil well. In addition the purchase includes a 50 percent interest in 2 sections of P&NG rights currently undeveloped. An evaluation by GLJ Petroleum Consultants [Read more]
Drive Away a Winner in “The 2015 Delo Pick-Up Your Truck Sweepstakes”
SAN RAMON, Calif.--(BUSINESS WIRE)--Chevron Products Company, a Chevron U.S.A. Inc. division, maker of the Delo® brand of technologically advanced engine oils, lubricants and coolants, today announced the “2015 Delo Pick-Up Your Truck Sweepstakes,” which offers participants a chance to win a 2015 Ford F-250 SRW 4x4 Crew Cab XLT Diesel Truck and other prizes. The Sweepstakes, which can be accessed via www.DeloPromos.com or the brand’s Facebook page (www.Facebook.com/ChevronDelo), runs from [Read more]
Delphi Energy Grants an Extension to Closing of Greater Wapiti Assets Disposition
CALGARY, ALBERTA--(Marketwired - July 2, 2015) - Delphi Energy Corp. (TSX:DEE) ("Delphi" or the "Company") reports that it has granted an extension to the closing date of its previously announced disposition. In consideration for the extension of the closing date, the Company has received and deposited an additional $5.0 million non-refundable deposit from the purchaser, bringing the total deposit amount to $10.0 million, which will be applied against the purchase price of $50.0 million at [Read more]
Forent Energy Ltd. Completes Corporate Acquisition, Non-Brokered Private Placement, and Renews Credit Facility
CALGARY, ALBERTA--(Marketwired - July 2, 2015) - Forent Energy Ltd. (TSX VENTURE:FEN)("Forent" or the "Company") is pleased to report that the Company has closed its previously announced acquisition of an Alberta-based private resource company (the "Acquisition Company") and a concurrent non-brokered private placement, for an aggregate of $ 2.2 million at 40 cents per share on a post-consolidation basis. Forent's current Management and insiders participated for an aggregate of $984,000 of the [Read more]
Waldron Energy Corporation Announces Extension of TSX Delisting Review
CALGARY, ALBERTA--(Marketwired - July 2, 2015) - Waldron Energy Corporation ("Waldron" or the "Corporation") (TSX:WDN) is pleased to announce that the Toronto Stock Exchange (the "TSX") has extended its delisting review of the Corporation's common shares for a period of 30 days. The TSX currently intends to make a decision regarding the Corporation's eligibility for continued listing on the TSX by August 3, 2015. This is an extension from an earlier TSX review date of July 3, 2015, as [Read more]
Bellatrix to Present at the Upcoming 2015 TD Securities Calgary Energy Conference and Announces Updated Commodity Risk Management Contracts
TSX, NYSE: BXE CALGARY, July 2, 2015 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE) is pleased to announce it will be attending the 2015 TD Securities Calgary Energy Conference on Wednesday July 8, 2015. Bellatrix maintains a strong risk management program in 2015, with approximately 90% of forecast natural gas volumes hedged with fixed price contracts through the summer season (April through October) compared with the mid-point of our annual average [Read more]
Elk-Antelope Joint Venture Selects LNG Project Sites
SINGAPORE and PORT MORESBY, Papua New Guinea, July 2, 2015 /CNW/ -- InterOil Corporation (NYSE: IOC; POMSoX: IOC) and the PRL 15 joint venture participants have unanimously endorsed recommendations from Total SA for key project infrastructure sites for development of the Elk-Antelope gas field in Papua New Guinea. The central processing facility for the Elk-Antelope gas field, on which the project is based, will be near the Purari River in the Gulf Province, about 360km north-west of Port [Read more]
Bonterra Energy Corp. Confirms Cash Dividend for June 2015 Payable July 31, 2015
CALGARY, ALBERTA--(Marketwired - July 2, 2015) - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) announces that the June 2015 monthly cash dividend will be $0.15 per share and will be paid on July 31, 2015. The record date for the dividend is July 15, 2015 and the ex-dividend date is July 13, 2015. The dividend is paid monthly and is subject to commodity prices and production levels. The dividend is considered an "eligible dividend" for tax purposes. Bonterra Energy [Read more]