CALGARY, AB--(Marketwired - May 01, 2017) - NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINTATION IN THE UNITED STATESMarquee Energy Ltd. ("Marquee" or the "Company") (TSX VENTURE: MQX) announces a corporate update, its fourth quarter operational results and financial results for the three and twelve months ended December 31, 2016, and year-end 2016 reserves. The Company's financial statements and Management's Discussion and Analysis ("MD&A") for the three months and twelve months [Read more]
Archives for May 2017
Petrocapita Announces Release of Year End Reserves, Financial Statements and MD&A and Update on Re-Organization
CALGARY, ALBERTA--(Marketwired - May 1, 2017) - Petrocapita Income Trust (CSE:PCE.UN) ("Petrocapita" or the "Trust") announces that the Oil and Gas Reserves, the Audited Financial Statements and Management's Discussion and Analysis for the years ended December 31, 2016 and December 31, 2015 have been filed with the Canadian Securities Exchange ("CSE") and on the System for Electronic Document Analysis and Retrieval ("SEDAR") and may be accessed at www.sedar.com. Additionally, during the [Read more]
Antler Hill Oil & Gas Ltd. Files its Financial Statements for the Year Ended December 31, 2016 on SEDAR
CALGARY, ALBERTA--(Marketwired - May 1, 2017) - THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO ANY U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA. Antler Hill Oil & Gas Ltd. (NEX:AHO.H) (the "Corporation") announces that the Corporation has filed its Financial Statements for the year ended December 31, 2016 on SEDAR. Neither the TSX Venture Exchange, Inc. nor its Regulation Service Provider (as that term is defined under the policies of the [Read more]
Noble Midstream Partners Reports First Quarter 2017 Results and Increases Guidance
HOUSTON--(BUSINESS WIRE)--Noble Midstream Partners LP (NYSE: NBLX) ("Noble Midstream" or the "Partnership") today reported first quarter 2017 financial and operational results and provided 2017 guidance updates. First Quarter Results include: Record oil and gas gathering volumes in March of 66.5 thousand barrels of oil equivalent per day (MBoe/d), averaging 63.0 MBoe/d for the first quarter Net Income [Read more]
Trump says he’s willing to consider raising gas tax
WASHINGTON - President Donald Trump on Monday said he will explore the possibility of higher gasoline and diesel fuel taxes, suggesting an increase could pay for his ambitious infrastructure plan. "It's something that I would certainly consider," Trump told Bloomberg News in an interview. The president indicated that the additional money would be directed toward highway construction and repair. That's been a problem area because fuel taxes have been unchanged since 1993 and [Read more]
Study: Selling US Natural Gas Abroad Could Create 136,000 Jobs
Selling Texas’ liquefied natural gas (LNG) to other countries will create more than 136,000 jobs nationwide and generate $145 billion in economic activity, according to a new report published Monday. The pro-industry group North Texans for Natural Gas commissioned the report, which touts the economic benefits of approving seven LNG export facilities in the state. Roughly 70,000 of these jobs will be created in Texas, and the state government will receive more than $20 billion in tax [Read more]
Shell announces the completion of the transaction to separate Motiva assets
HOUSTON, May 1, 2017 /PRNewswire/ -- Royal Dutch Shell plc ("Shell") announces today the completion of the transaction for the separation of assets, liabilities and businesses of Motiva Enterprises LLC ("Motiva"). As announced when the definitive agreements were signed, the separation is as follows: Saudi Aramco (through its wholly owned Saudi Refining, Inc. subsidiary) assumes full ownership of the Motiva Enterprises LLC name and legal entity, including the refinery at Port Arthur, Texas [Read more]
Freepoint Energy Solutions to Commence Operations
STAMFORD, Conn., May 1, 2017 /PRNewswire/ -- Freepoint Commodities LLC ("Freepoint") announced today that its retail energy supply subsidiary, Freepoint Energy Solutions LLC ("Freepoint Energy Solutions"), has commenced operations. Rollout of the business will begin in Illinois, Ohio, and Pennsylvania with the remainder of the PJM energy market going live over the next few months. Freepoint Energy Solutions plans to enter ERCOT, NYISO and ISO-NE energy markets in a phased approach over the next [Read more]
Forent Energy Announces Filing of an Application to Appoint a Receiver by its Lender
CALGARY, ALBERTA--(Marketwired - May 1, 2017) - Forent Energy Ltd. ("Forent" or the "Company") (TSX VENTURE:FEN) announces that its senior lender has filed an application to appoint a receiver over the Company. The application will be heard at the Calgary Court Center on Friday, May 5, 2017 at 2:00 p.m. In the event that a receiver is appointed, the Company anticipates that the TSX Venture Exchange will suspend and then delist the Company's securities. No directors or officers of the Company [Read more]
Suncor says Mildred Lake shipments resume following fire in March
CALGARY - Suncor Energy (TSX:SU) says that shipments from the Syncrude Mildred Lake oilsands operation have resumed following a fire in March. The company says Syncrude completed repairs and startup activities over the weekend to begin shipping product by pipeline. The fire burned for two days in March at the Mildred Lake oilsands upgrader after a pipeline began leaking near one of its two hydrotreating units. The plant can produce about 350,000 barrels per day when it is [Read more]