Canada's drilling rig count fell by 19 rigs this week; and is 163 lower than the count this time last year, according to Baker Hughes [Read more]
Archives for January 2016
US Rig Count Fell by 18 Rigs this Week
The USA Rig Count fell by 13 rigs this week and almost 1,000 less than this time last year. [Read more]
Striker Exploration Corp. Announces Granting of Stock Options
CALGARY, ALBERTA--(Marketwired - Jan. 29, 2016) - Striker Exploration Corp. (TSX VENTURE:SKX) ("Striker" or the "Company") announces that it has granted stock options ("Options") to acquire 635,000 common shares of the Company ("Common Shares") pursuant to its stock option plan, 560,000 of which were granted to the directors and officers of Striker. The Options vest over three years (1/3 on each of the first, second and third anniversary of the grant date) and are exercisable at a price of $1.28 [Read more]
Canadian Spirit Resources Inc. Announces Market-Making Arrangement
CALGARY, ALBERTA--(Marketwired - Jan. 29, 2016) - Canadian Spirit Resources Inc. ("CSRI" or the "Corporation") (TSX VENTURE:SPI)(OTCBB:CSPUF) is pleased to announce that it has retained D&D Securities Inc. ("D&D") of Toronto, Ontario to provide market-making services. The market-making services will be undertaken by D&D in compliance with the guidelines of the TSX Venture Exchange. Under the terms of the agreement, CSRI will pay D&D a monthly fee of $5,000 plus applicable [Read more]
TransCanada Files for ANR Pipeline Rate Revision
HOUSTON, TEXAS--(Marketwired - Jan. 29, 2016) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced that its ANR Pipeline Company (ANR) submitted a filing with the Federal Energy Regulatory Commission (FERC) under Section 4 of the Natural Gas Act (NGA) seeking to revise base rates. The proposal responds to the significant changes that have occurred over the last few years in natural gas supply, demand and transportation in North America. "ANR continues to be a critical [Read more]
Gastar Exploration Inc. Announces the Retirement of its Senior Vice President and Chief Operating Officer
HOUSTON, Jan. 29, 2016 /PRNewswire/ -- Gastar Exploration Inc. (NYSE MKT: GST) ("Gastar" or the "Company") announced today the retirement of its Senior Vice President and Chief Operating Officer, Michael McCown, effective February 1, 2016. Mr. McCown began his tenure with Gastar in December 2009 as a consultant and was hired as the Vice President – Northeast in July 2010. On June 7, 2013, Mr. McCown was promoted to Senior Vice President and Chief Operating Officer. During his time at [Read more]
Enbridge Energy Partners, L.P. Declares Distribution for Fourth Quarter 2015
HOUSTON, TX--(Marketwired - Jan 29, 2016) - Enbridge Energy Partners, L.P. (NYSE: EEP) ("Enbridge Partners") announced today that the board of directors of its general partner has declared a quarterly cash distribution of $0.583 per unit, or $2.332 per unit on an annualized basis on all of its outstanding units for the quarter ended December 31, 2015. The approved distribution remains unchanged from the previous quarter and represents an increase of 2.3 percent over the fourth quarter [Read more]
Gouged California Drivers Bankroll Chevron’s Best US Refining Year Ever, says Consumer Watchdog
SANTA MONICA, Calif., Jan. 29, 2016 /PRNewswire-USNewswire/ -- Chevron's US refining profits soared to their highest ever in 2015, thanks to California drivers who paid inflated prices for gasoline, Consumer Watchdog said today. More than half of Chevron's US refining takes place in California. US refining profits made up $3.1 billion of Chevron's annual profit of $4.6 billion in 2015. "Chevron used California drivers as their private ATM machine while taking advantage of plunging crude oil [Read more]
Peggy A. Heeg Joins Columbia Pipeline Partners Board of Directors
HOUSTON, Jan. 29, 2016 /PRNewswire/ -- Columbia Pipeline Partners LP ("CPPL") (NYSE: CPPL) announced that Peggy A. Heeg has joined its board of directors. "Peggy brings 30 years of energy and management experience to our board. Peggy's strategic knowledge of the midstream business and master limited partnerships will strengthen our board," Board Chairman Robert C. Skaggs, Jr. noted. "We are pleased to welcome Peggy to our team." Ms. Heeg is a corporate partner and has served on the Executive [Read more]
Columbia Pipeline Group Announces Increase to Common Dividend
HOUSTON, Jan. 29, 2016 /PRNewswire/ -- The Board of Directors of Columbia Pipeline Group, Inc. (NYSE: CPGX) ("CPG") today approved a quarterly dividend payment of 12.875 cents per share, payable February 19, 2016, to common stockholders of record at the close of business February 8, 2016. "Today's announcement delivers on one of our core commitments as an independent pipeline, midstream and storage company," CPG Chairman and Chief Executive Officer Robert C. Skaggs, Jr. said. "Our stable and [Read more]
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