HOUSTON--(BUSINESS WIRE)--Kinder Morgan, Inc. (NYSE: KMI) and Brookfield Infrastructure Partners L.P. (NYSE: BIP, TSX: BIP.UN) today announced a definitive agreement whereby they will jointly acquire, from Myria Holdings, Inc., the 53 percent equity interest in Natural Gas Pipeline Company of America LLC (NGPL) not already owned by them for a total purchase price of approximately $242 million. KMI will pay approximately $136 million and increase its ownership interest from 20 percent to 50 [Read more]
Archives for November 2015
Ultrapetrol Announces Appointment of Mr. Sebastian Villa to Board of Directors
NASSAU, Bahamas, Nov. 30, 2015 (GLOBE NEWSWIRE) -- Ultrapetrol (Bahamas) Limited (Nasdaq:ULTR), an industrial transportation company serving marine transportation needs in three markets (River Business, Offshore Supply Business, and Ocean Business), announced today the appointment of Mr. Sebastián Villa to the Company's Board of Directors. The addition of Mr. Villa will increase the Board's membership to six. Mr. Sebastián Villa is a Member of the Executive Committee of Southern Cross Group. [Read more]
ConocoPhillips to Hold Conference Call on Thursday, Dec. 10 to Discuss 2016 Capital Budget and Operating Plan
HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) will host a conference call webcast at 10:00 a.m. EST on Thursday, Dec. 10, 2015 to discuss its 2016 capital budget and operating plan. The operating plan review will include details on capital, production, operating costs and financial priorities. The company will release its 2016 capital budget and operating plan before the market opens on Dec. 10. To access the webcast, visit ConocoPhillips’ Investor Relations site, [Read more]
AltaGas Ltd. Announces Close of GWF Acquisition
CALGARY, ALBERTA--(Marketwired - Nov. 30, 2015) - AltaGas Ltd. ("AltaGas") (TSX:ALA) announced today that, through its indirect wholly owned subsidiary AltaGas Power Holdings (U.S.) Inc., it has successfully completed the acquisition of GWF Energy Holdings LLC, which holds a portfolio of three natural gas-fired electrical generation facilities in northern California totalling 523 MW (the "Acquisition"), including the 330 MW Tracy facility, the 97 MW Hanford facility and the 96 MW Henrietta [Read more]
Trilogy Energy Corp. Completes Sale of Certain Duvernay Assets for US$85 Million
CALGARY, ALBERTA--(Marketwired - Nov. 30, 2015) - Trilogy Energy Corp. ("Trilogy") (TSX:TET) is pleased to announce that it has completed the sale of certain Duvernay mineral rights in the volatile oil window of its Kaybob Duvernay play for cash consideration of US$85 million. In connection with the sale, Trilogy also completed an exchange of 5.25 net sections of undeveloped Duvernay lands for an equivalent number of sections of Duvernay rights for no additional consideration. BMO [Read more]
Primeline Q2 Sees Better Revenues
HONG KONG, CHINA--(Marketwired - Nov. 30, 2015) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRES SERVICES, OR DISSEMINATION IN THE UNITED STATES. Primeline Energy Holdings Inc. ("Primeline" or the "Company") (TSX VENTURE:PEH) today announced that it has filed its interim unaudited financial statements for the quarter ended September 30, 2015 (Financial Q2) and related management discussion and analysis (MD&A). Copies of these documents may be obtained at www.SEDAR.com under Primeline's [Read more]
Mitra Provides Operational Update
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 30, 2015) - Mitra Energy Inc. (the "Company" or "Mitra") (TSX VENTURE:MTE) is pleased to provide an update on the status of its key assets and activities, including progress on its gas development project in Vietnam. Highlights Development and appraisal Vietnam - Further momentum toward 2C to 2P transition Reserve Assessment Reports for the Nam Du (Block 46/07 PSC) and U Minh (Block 51 PSC) [Read more]
Millennium Announces a Further Patent Award by the USPTO
CALGARY, ALBERTA--(Marketwired - Nov. 30, 2015) - NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Millennium Stimulation Services Ltd. ("Millennium" or the "Company") announced that a fourth patent relating to the method and application of ENG for well fracturing operations has been issued by the United States Patent and Trademark Office ("USPTO"). Specifically, this patent serves to protect one of the key technologies [Read more]
STW Resources Holding Corp Releases Third Quarterly Report for 2015, Posts $8.7 Million in Nine Month Revenues
MIDLAND, TX--(Marketwired - Nov 30, 2015) - STW Resources Holding Corp. (OTCQB: STWS), a provider of high-quality pipeline, water reclamation and processing management services including water desalination, announced today that its financial results for the nine months ended September 30, 2015 have been filed on its Form 10-Q Quarterly Report with the Securities and Exchange Commission (SEC). A detailed Form 10-Q is available on the company web site. STW Resources reported revenues from [Read more]
Saskatchewan projecting $262M deficit as lower oil prices hit revenue
REGINA - Tanking oil prices are forcing the Saskatchewan government to put the brakes on spending.A budget update shows the province is projecting a deficit of $262 million, compared with a surplus of just over $100 million that was forecast in March.Finance Minister Kevin Doherty says getting the books back in the black is going "to be a tough challenge.""I want to be definitive here, my goal is to try to get us to balance. I'm not sure I can get us there," Doherty said at a news conference [Read more]
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