Toronto, Ontario (FSCwire) - Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX-V:EOG), the oil and gas exploration company with licences in highly prospective regions in South America and Africa, is pleased to announce its unaudited results for the three and nine months ended 31 December 2017. Financial Highlights: · Through the Company's subsidiary, Eco Atlantic (Guyana) Inc. ("Eco Guyana"), we entered into an option agreement that provides Total E&P Activités Pétrolières, [Read more]
Archives for February 2018
Enbridge Announces Offer by Spectra Energy Capital, LLC to Purchase Debt Securities
CALGARY, Feb. 28, 2018 /CNW/ - Enbridge Inc. (TSX:ENB)(NYSE:ENB) (Enbridge or the Company), announced today the commencement of an any and all cash tender offer by its wholly-owned subsidiary, Spectra Energy Capital, LLC (Spectra Capital), for certain debt securities of Spectra Capital (the Tender Offer). The Tender Offer consists of offers to purchase for cash the 6.75% senior unsecured notes due 2032 and the 7.50% senior unsecured notes due 2038 issued by Spectra Capital (collectively the [Read more]
Phoenix Energy Marketing Looking to Buy Available NGTL Empress Firm Gas Transportation
Phoenix Energy Marketing Consultants, on behalf of a producer client, seeks successful bidders in the recent NGTL NIT-Empress Open Season transportation offering and/or existing shippers, for discussion of potential purchase of surplus firm delivery service. The recent NGTL offering involved four tranches of service with start dates ranging from October, 2018 on the first tranche and November, 2020 to April, 2021 on the last three tranches. Will also consider firm export service at other [Read more]
South Korea’s Hyundai Oilbank buys first Canadian crude
South Korean refiner Hyundai Oilbank Corp has bought its first cargo of Canadian Cold Lake crude oil that will arrive in late April to early May, three sources with knowledge of the matter said on Wednesday. Hyundai, South Korea's smallest refiner by capacity, bought 300,000 barrels of the crude from Chevron Corp , they said. The purchase is part of South Korean refiners' efforts to diversify their crude imports and tap on cheaper oil from Canada. Chevron's oil tanker is expected to [Read more]
Petro One Energy Corp.: Property Offering
Western Divestments has been retained by Petro One Energy Corp. (a wholly owned subsidiary of Goldstrike Resources Ltd.) to market the company’s oil and gas asset in the Milton area of Southwest Saskatchewan (Map 1). The Milton Asset consists of PNG Rights, wells and associated surface facilities. Low risk, Viking light oil (30 API), development potential on major resource play fairway Proven production from Viking Formation with offsetting additional prospective horizons Property is [Read more]
TransGlobe Energy Corporation Announces Release Date of Year-End and Fourth Quarter 2017 Results and Conference Call
CALGARY, Alberta, Feb. 28, 2018 (GLOBE NEWSWIRE) -- TransGlobe Energy Corporation (“TransGlobe”) (TSX:TGL) (NASDAQ:TGA) will announce its year-end and fourth quarter 2017 financial and operating results on Wednesday, March 7, 2018 before the opening of the stock markets. A conference call and webcast to discuss the results will be held the same day: Time: 8:00 a.m. Mountain Time (10:00 a.m. Eastern Time) Dial-in: [Read more]
SynStream Amends Private Placement
NOT FOR DISSEMINATION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Calgary, Alberta (FSCwire) - SynStream Energy Corp. ("SynStream" or the "Company") (TSX VENTURE: “SHM”) announces it has amended its previously disclosed private placement (Stockwatch - January 23, 2018). Each unit will now consist of one common share of the Company for $0.06 and one common share purchase warrant, with each whole warrant entitling the holder thereof to purchase, for a [Read more]
Hedge funds continue to exit oil but OPEC stems rout
LONDON, Feb 27 (Reuters) - Hedge funds continued to take profits on their bullish positions in crude and especially refined fuels in the most recently reported week but supportive comments from OPEC helped steady oil prices. Hedge funds and other money managers cut their combined net long position in the six most important futures and options contracts linked to petroleum by the equivalent of 48 million barrels in the week to Feb. 20. The hedge funds’ net long position has been cut in each [Read more]
Cona Resources Ltd. Announces Conference Call on Fourth Quarter and Year-End 2017 Results
CALGARY, Feb. 27, 2018 /CNW/ - Cona Resources Ltd. ("Cona" or the "Company") (TSX: CONA) will release its fourth quarter and year-end 2017 financial and operating results prior to the opening of markets on March 7, 2018. Cona will host a conference call on March 7, 2018, starting at 9:00AM MT (11:00AM ET), to review the Company's fourth quarter and year-end 2017 results. Participants can access the conference call by dialing (403) 532-5601 or toll-free (US & Canada) 1 (855) 353-9183 and [Read more]
Contango Announces Fourth Quarter and Year-End 2017 Earnings Release and Conference Call Schedule
HOUSTON, Feb. 27, 2018 (GLOBE NEWSWIRE) -- Contango Oil & Gas Company (NYSE American:MCF) announced today it expects to issue its fourth quarter and year-end 2017 earnings release prior to market opening on Friday, March 9, 2018. In conjunction with the release, Contango will conduct a conference call to discuss the contents of that release on Friday, March 9, 2018 at 9:30am Central Standard Time. Those interested in participating in the earnings conference call may do so by calling [Read more]
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