VANCOUVER - British Columbia's court case over the flow of heavy oil through the province could be damaged by the NDP government's previous positions against the expansion of the Trans Mountain pipeline, says a legal expert. The provincial government filed a reference case Thursday in the B.C. Court of Appeal asking whether amendments it is proposing to the Environmental Management Act are valid and if they give the province the authority to control the shipment of heavy oils based on the [Read more]
Archives for April 2018
Canada Weekly Rig Count Continues Spring Breakup Decline Down 8 to 85
Western Canada’s fleet of drilling rigs went down 8, amidst spring breakup, to a current count of 85 according to data collected by Baker Hughes for the week of April 27th. From one week ago, Alberta rig counts decreased from 76 to 67, Saskatchewan's rig count remained at 3. Oil drilling went from 38 to 33; gas rigs went from 55 to 52. View a full breakdown of western Canada’s rig activity. [Read more]
U.S. oil rig count rises five this week, 28 this month
The U.S. oil drilling rig count rose for the fourth week in a row and ended the month sharply higher as producers plan to boost output as they reap profits from crude trading near three-year highs. Drillers added five oil rigs in the week to April 27, bringing the total count to 825, the highest level since March 2015, General Electric Co’s Baker Hughes energy services firm said in its closely followed report on Friday. For the month, drillers added 28 oil rigs in April after cutting two [Read more]
Emerald Bay Closes Private Placement
Calgary, Alberta (FSCwire) - Emerald Bay Energy Inc. (TSX Venture: EBY) (the "Corporation", the "Company" or "Emerald Bay") today reported that the Corporation has closed its previously announced private placement. Pursuant to this closing of the private placement, an aggregate 20,000,000 units ("Units") were issued to four (4) subscribers (of which 200,000 Units were acquired by an officer of the Corporation and 12,000,000 were acquired by an insider of [Read more]
TransCanada Announces 2018 Annual Meeting Board of Director Election Results
CALGARY, Alberta, April 27, 2018 (GLOBE NEWSWIRE) -- News Release – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada or the Company) today announced that at its 2018 annual meeting of shareholders held earlier today, each of the following 11 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 successors are elected or earlier appointed: Nominee # Votes For % Votes For# Votes [Read more]
Marksmen Closes Final Tranche of Private Placement and Announces Various Corporate and Operational Updates
CALGARY, Alberta, April 27, 2018 (GLOBE NEWSWIRE) -- Marksmen Energy Inc. (TSXV:MAH) (OTCQB:MKSEF) (“Marksmen” or the “Company”) announces that it has completed the second and final closing of its previously announced non-brokered private placement. The Company issued 1,431,428 units (the “Units”) of Marksmen at a price of $0.21 per Unit for gross proceeds of $300,600, bringing the aggregate raise to 3,458,409 Units for gross proceeds of $726,266 (the “Offering”). Each Unit is comprised of one [Read more]
Imperial reports voting results for election of directors
CALGARY, April 27, 2018 /CNW/ - Imperial announced at its annual meeting of shareholders held on April 27, 2018, that each of the seven nominees proposed as directors of the company and listed in its management proxy circular dated March 9, 2018 were elected as directors. A total of 750,099,433 shares (90.58 percent of outstanding common shares) were represented in person or by proxy. The percentage of shares represented at the meeting that were voted to elect the individual directors are set [Read more]
Baytex Conference Call and Webcast on First Quarter 2018 Results to Be Held on May 4, 2018
CALGARY, Alberta, April 27, 2018 (GLOBE NEWSWIRE) -- Baytex Energy Corp. (TSX:BTE) (NYSE:BTE) will release its 2018 first quarter financial and operating results after the close of markets on Thursday, May 3, 2018. A conference call and webcast will be held on Friday, May 4, 2018 to discuss the results. Conference Call Details: Date:Friday, May 4, 2018 Time:9:00 a.m. MDT (11:00 a.m. EDT) Dial-in:1-416-915-3239 (Toronto Local and International) 1-800-319-4610 (North America [Read more]
Crescent Point Encourages Shareholders to Vote and Preserve Your Investment
CALGARY, Alberta, April 27, 2018 (GLOBE NEWSWIRE) -- Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) thanks shareholders for the strong support received to date and encourages all shareholders to vote your WHITE proxy for all ten of management’s director nominees prior to 10:00am (MDT) on Wednesday, May 2, 2018. "By supporting Crescent Point’s director nominees, shareholders are voting for a refreshed board that is delivering on a detailed and financially [Read more]
Bonanza Creek Energy Announces the Date of its First Quarter 2018 Earnings Release and Conference Call
DENVER, April 27, 2018 (GLOBE NEWSWIRE) -- Bonanza Creek Energy, Inc. (NYSE:BCEI) announces that it is scheduled to release its first quarter 2018 operating and financial results after market close on May 8, 2018 and will host a conference call to discuss these results on May 9, 2018 at 9:00 a.m. Mountain Time (11:00 a.m. Eastern Time). A live webcast and replay of this event will be available on the Investor Relations section of the Company’s website at www.bonanzacrk.com. Dial-in information [Read more]
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