TULSA, Okla.--(BUSINESS WIRE)--WPX Energy (NYSE: WPX) announced today that its previously announced cash tender offer (the “Offer”) to purchase any and all of its outstanding 5.250 percent Senior Notes due 2017 (the “Notes”) expired at 5 p.m., New York City time, on April 29, 2016 (the “Expiration Time”). At the Expiration Time, $93 million aggregate principal amount – or approximately 31 percent – of outstanding Notes had been validly tendered [Read more]
Archives for April 2016
Imperial reports voting results for election of directors
CALGARY, April 29, 2016 /CNW/ - Imperial announced at its annual meeting of shareholders held on April 29, 2016, that each of the seven nominees proposed as directors of the company and listed in its management proxy circular dated March 11, 2016 were elected as directors. A total of 754,290,194 shares (88.99 percent of outstanding common shares) were represented in person or by proxy. The percentage of shares represented at the meeting that were voted in favour of the individual directors are [Read more]
ARC Resources Ltd. Announces Approval of Resolutions at Annual and Special Meeting
CALGARY, April 29, 2016 /CNW/ - (ARX - TSX) ARC Resources Ltd. ("ARC" or the "Corporation") is pleased to announce that its shareholders approved all resolutions at its Annual and Special Meeting (the "Meeting") held today, April 29, 2016. The webcast of the Meeting is available on ARC's website at www.arcresources.com. During the business proceedings at the Meeting, ARC's shareholders approved the following resolutions: Resolution to appoint ten board members, with 97.30% to 99.86% [Read more]
TransCanada Announces 2016 Annual and Special Meeting Board of Director Election Results
CALGARY, ALBERTA--(Marketwired - April 29, 2016) - News Release - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced approval by its shareholders of the appointment of the 12 nominees as directors of TransCanada. At its 2016 annual and special meeting of shareholders held earlier today, each of the following 12 nominees were elected as directors of TransCanada on a vote by ballot to serve until the next annual meeting of shareholders of TransCanada, or until their [Read more]
CEOs of TransCanada, Imperial Oil say new emission rules not necessary
CALGARY - The CEOs of two of Canada's biggest energy companies spoke out Friday against recent moves by federal and provincial governments to toughen emission-based regulations.Russ Girling, CEO of TransCanada Corp. (TSX:TRP), said he believes new federal requirements that take into account upstream emissions when reviewing pipelines are not needed.Oil and natural gas projects are already subject to vigorous regulation, Girling said, adding that the regulatory process for pipelines should focus [Read more]
Anterra Energy Announces Late Filings of Annual Disclosure
CALGARY, ALBERTA--(Marketwired - April 29, 2016) - Anterra Energy Inc. ("Anterra" or the "Company") (TSX VENTURE:AE.A) today announces that the filing of its annual financial statements, management's discussion and analysis and related CEO and CFO certifications for the year ended December 31, 2015, will be delayed beyond the filing deadline of April 29, 2016. As a result of ongoing industry-wide, economic challenges, there is a high degree of measurement uncertainty with respect to the [Read more]
Alberta’s Notley says Washington trip successful, but long road ahead on climate
EDMONTON - Premier Rachel Notley says she made inroads in Washington, D.C., when she explained Alberta's climate-change plan."My message everywhere was the same, that Alberta is now one of the world's most responsible energy producers, that we are an extremely attractive place to do business, and that we hope to be a valued partner in driving green and value-added technologies," said Notley in a conference call with reporters Friday."It's a message that resonated with everyone I met."Notley met [Read more]
Looking for work or know someone looking for work in the oil industry? The BOE Report job board has over 100 active listings
BOE Report is pleased offer, free of charge, oil and gas companies the ability to post job openings at jobs.boereport.com. By posting on jobs.boereport.com, your company will leverage, for free, the audience of a leading North American oil and gas news source. To post a job, click the “Post a Job Free!” button, and fill out the form to get an account and start publishing jobs you may have. [Read more]
Commodities Lift Off Unsustainable Lows, but Pace Appears Overheated: Scotiabank
TORONTO, ON--(Marketwired - April 29, 2016) - Scotiabank's Commodity Price Index lifted off from a more than 12-year low in February, rallying 7.8% m/m in March. While the direction of this recent price activity is in line with Scotiabank Economics' view, the frenetic pace of these rallies is aggressive based on our reading of the fundamentals. There is a risk of a short-term correction in prices, though we expect commodity prices will rise further as the year progresses. "That said, it is [Read more]
Val Nav® to release Alberta Modernized Royalty Framework calculations that align with key recommendations of Canada’s leading evaluation firms
Calgary, AB, Canada, April 29, 2016 – Energy Navigator, announces the release of Val Nav 6.6.2, the latest update of Canada’s most widely-used engineering and reserves software system that will allow Alberta stakeholders to preview the potential impacts of the Modernized Royalty Framework (MRF). While the information released by the Alberta Department of Energy on April 21, 2016, does not contain all of the information necessary to fully calculate royalties payable, the Val Nav team has [Read more]
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