CALGARY, ALBERTA--(Marketwired - Aug. 2, 2017) - Enbridge Inc. (TSX:ENB)(NYSE:ENB) (Enbridge or the Company) announced today that it does not intend to exercise its right to redeem its currently outstanding Cumulative Redeemable Preference Shares, Series L (Series L Shares) (TSX: ENB.PF.U) on September 1, 2017. As a result, subject to certain conditions, the holders of the Series L Shares have the right to convert all or part of their Series L Shares on a one-for-one basis into Cumulative [Read more]
Archives for August 2017
Obsidian Energy Mourns the Passing of Rick George
CALGARY, Aug. 2, 2017 /CNW/ - OBSIDIAN ENERGY LTD. (TSX - OBE; NYSE - OBE) ("Obsidian Energy", "we", "us" or "our") regrets to announce the passing of its Chairman Rick George on August 1. "The company and our Board of Directors want to offer our sincerest condolences and sympathy to Rick's family," said David French, President and Chief Executive Officer. "It was a privilege to know the man, and experience his leadership and devotion to our industry. Over his tenure as our Chairman, Rick [Read more]
Crew Energy Inc. Announces Second Quarter 2017 Financial and Operating Results
CALGARY, ALBERTA--(Marketwired - Aug. 2, 2017) - Crew Energy Inc. (TSX:CR) ("Crew" or the "Company") is pleased to announce our operating and financial results for the three and six month periods ended June 30, 2017. Our Financial Statements and Notes, as well as Management's Discussion and Analysis ("MD&A") for the three and six month periods ended June 30, 2017 are available on Crew's website and filed on SEDAR. Q2 HIGHLIGHTS Production for the quarter averaged 20,468 boe per day, [Read more]
Veresen Announces Second Quarter Financial Results and Increased 2017 Guidance
CALGARY, ALBERTA--(Marketwired - Aug. 2, 2017) - Veresen Inc. ("Veresen") (TSX:VSN) today announced its second quarter operating and financial results. "Veresen continued to deliver strong business performance during the second quarter while we work towards closing the combination with Pembina," said Don Althoff, President and CEO of Veresen. "We expect distributable cash for the year will be well ahead of our initial expectations as a result of supportive fundamentals at both Alliance and [Read more]
Surge Energy Inc. Announces Second Quarter 2017 Results
CALGARY, Aug. 2, 2017 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) announces its operating and financial results for the quarter ended June 30, 2017. Based on excellent development drilling results in all three of Surge's core areas, together with successful waterflood results at Shaunavon and Eyehill, the Company's Q2/17 production continued to exceed budgeted expectations. In Q2/17 Surge's production averaged 15,125 boepd (81 percent oil and liquids) - which is very [Read more]
Suncor Energy extends condolences on death of former CEO, Rick George
CALGARY, ALBERTA--(Marketwired - Aug. 2, 2017) - Suncor today extended condolences to the family of Rick George, former president and chief executive officer of the company, who passed away in Calgary on August 1, as a result of complications from AML. "Rick's impact on the oil sands industry, the Canadian business community, and the broader community has been immeasurable," said Steve Williams, Suncor's president and chief executive officer. "His contributions have been significant and [Read more]
Pembina Pipeline Corporation Declares August 2017 Common Share Dividend
CALGARY, Aug. 2, 2017 /CNW/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that its Board of Directors declared a common share cash dividend for August 2017 of $0.17 per share to be paid, subject to applicable law, on September 15, 2017 to shareholders of record on August 25, 2017. This dividend is designated an "eligible dividend" for Canadian income tax purposes. For non-resident shareholders, Pembina's common share dividends should be [Read more]
NewsAlert:Former Suncor Energy CEO Rick George dies of leukemia at age 67
CALGARY - Rick George, former CEO of Suncor Energy and a pioneer of Canada's oilsands industry, has died at the age of 67 after a battle with acute myeloid leukemia. George, who died Tuesday, is credited with transforming Suncor from a money-losing oilsands mining company into one of Canada's largest corporations over a 21-year career before his retirement in 2012. "Rick's impact on the oilsands industry, the Canadian business community, and the broader community has been [Read more]
Pembina Pipeline Corporation Declares August 2017 Common Share Dividend
CALGARY, Aug. 2, 2017 /PRNewswire/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that its Board of Directors declared a common share cash dividend for August 2017 of $0.17 per share to be paid, subject to applicable law, on September 15, 2017 to shareholders of record on August 25, 2017. This dividend is designated an "eligible dividend" for Canadian income tax purposes. For non-resident shareholders, Pembina's common share dividends should [Read more]
Chaparral Energy Schedules Second Quarter 2017 Earnings Release Date and Conference Call
OKLAHOMA CITY, Aug. 02, 2017 (GLOBE NEWSWIRE) -- Chaparral Energy, Inc. (OTCQB:CHPE) today announced that it will issue its second quarter 2017 earnings release and file its Form 10-Q prior to its second quarter conference call, which is scheduled for 10 a.m. Central on Monday, August 14, 2017. The call will discuss the company’s second quarter financial and operating results and provide an update of company activity. A copy of the 10-Q and earnings release will be available on the Investor [Read more]