CALGARY, ALBERTA--(Marketwired - Aug. 2, 2016) - Chinook Energy Inc. (TSX:CKE) ("Chinook" or the "Company") announced today that it has initiated a review of strategic alternatives, which may include, among other things, a review of acquisition opportunities to expand its core Montney asset base, or establish a new core of operations. Chinook will also entertain merger, sale, joint venture or other opportunities that will result in a well-capitalized entity that can best develop its emerging [Read more]
Archives for August 2016
Bonterra Energy Corp. Confirms Cash Dividend for July 2016 Payable August 31st, 2016
CALGARY, ALBERTA--(Marketwired - Aug. 2, 2016) - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) announces that the July 2016 monthly cash dividend will be $0.10 per share and will be paid on August 31st, 2016. The record date for the dividend is August 15, 2016 and the ex-dividend date is August 11, 2016. 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 [Read more]
CONSOL Energy Closes on Sale of Miller Creek and Fola Mine Complexes to Southeastern Land LLC
PITTSBURGH, Aug. 2, 2016 /PRNewswire/ -- CONSOL Energy Inc. (NYSE: CNX) announced today that it has closed on its previously announced agreement to sell the Miller Creek and Fola mine complexes in southern West Virginia to Southeastern Land LLC. About CONSOL Energy CONSOL Energy Inc. (NYSE: CNX) is a Pittsburgh-based energy producer, and one of the largest independent natural gas exploration, development and production companies, with operations centered in the major shale formations of the [Read more]
Sanchez Production Partners Announces Second Quarter 2016 Earnings Conference Call
HOUSTON, TX--(Marketwired - August 02, 2016) - Sanchez Production Partners LP (NYSE MKT: SPP) ("SPP" or the "Partnership") today announced that it will host a conference call at 10:00 a.m. Central Time (11:00 a.m. Eastern Time) on Friday, August 12, 2016 to discuss second quarter results. The Partnership expects to release its second quarter 2016 earnings before the market opens that day. What: SPP Second Quarter 2016 Earnings Conference Call When: Friday, Aug. 12, 2016 at 10:00 a.m. [Read more]
Groundstar Resources Limited Announces Issuance of Options and Provides Corporate Update
CALGARY, ALBERTA--(Marketwired - Aug. 2, 2016) - Groundstar Resources Limited (TSX VENTURE:GSA) (the "Company" or "Groundstar") announces the issuance of 200,000 stock options ("Options") exercisable into common shares in the capital of the Company. These options have been granted to the most recently appointed director, Stephen Hughes. The options are exercisable at $0.05 per share and vest in two tranches. The first tranche will vest upon issuance and the second tranche will vest on the second [Read more]
No more free electricity: British electro-motorists at forefront of inevitable day of reckoning
Green energy has come a long way in the past decade, for a number of reasons. A primary one was that oil prices hit levels never seen before, which made many green technologies economic to pursue. That incentive has gone away now with low oil prices, and has resulted in consumers somewhat losing interest. Another green-boosting phenomenon is showing signs of weakening as well – the tendency of governments and businesses (through government) to provide major, some might say outlandish, incentives [Read more]
Despite an outstanding track record, Canadian pipeline licensees can still do more
It does not take much to put a pipeline carrying oil or gas into the negative spotlight. Several days ago, Husky Energy experienced an oil spill on the North Saskatchewan River. This spill is now affecting the water supply at various downstream communities that are having to scramble to arrange alternative water sources. As many anti-pipeline protesters will immediately latch onto this incident to use as fodder for their own agenda, the big picture context is lost. Canadian pipeline licensees [Read more]
Over 200,000 users visited the BOE Report in July
The total number of users that visited the BOE Report for July was 205,010(a 571% increase year over year). A large part of the jump in traffic was due to more and more people in the United States visiting the site. With total US users amounting to 69,259 for the month of July, The BOE Report is seeing consistent growth south of the border. The site’s traffic experienced an increase as a result of users becoming more comfortable using and aware of the many tools and data sources the site [Read more]
Sunshine Oilsands Obtains Forbearance From Noteholders to Negotiate Definitive Agreement for a Term Loan
HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - Aug. 1, 2016) - (a corporation incorporated under the Business Corporations Act of the Province of Alberta, Canada with limited liability) (HKEX: 2012) By Order of the Board of Sunshine Oilsands Ltd. Sun Kwok Ping, Executive Chairman Hong Kong, August 1, 2016 Calgary, July 31, 2016 As at the date of this announcement, the Board consists of Mr. Kwok Ping Sun, Mr. Hong Luo, Dr. Qi Jiang and Mr. Qiping Men [Read more]
Resolute Energy Corporation to Announce Results for the Second Quarter Ended June 30, 2016, and Hold Investor Conference Call on Tuesday, August 9 at 4:30 pm EDT
DENVER, CO--(Marketwired - Aug 1, 2016) - Resolute Energy Corporation ("Resolute") (NYSE: REN) announced today that it will issue a press release covering operating and financial results for the second quarter ended June 30, 2016, after the market closes on Monday, August 8, 2016. An investor conference call to review the second quarter results will be held on Tuesday, August 9, 2016 at 4:30 PM Eastern Daylight Time. Date: Tuesday, August 9, 2016 Time: 4:30 PM EDT / 3:30 PM CDT [Read more]