CALGARY, AB / ACCESSWIRE / February 4, 2019 / Further to the press releases dated May 29, 2018 and February 4, 2019 (collectively, the "Press Releases"), Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) (the "Corporation", the "Company" or "Emerald Bay") wishes to announce Clarence Wagenaar, after the issuance of the 18,493,178 common shares of the Corporation announced in the Press Releases, controls, directly and indirectly, an aggregate 50,030,178 common shares of the Corporation, or [Read more]
Archives for February 2019
Heavy crude differential narrows on strong demand, curtailed output
The Canadian heavy oil differential narrowed against the West Texas Intermediate (WTI) benchmark on Monday:* The heavy crude differential remains tight compared with WTI as demand for heavy crude is strong among U.S. Gulf Coast refiners due to sanctions against Venezuela's state oil company, a Calgary-based trader said. * Western Canada Select (WCS) heavy blend crude for March delivery in Hardisty, Alberta, traded on Monday afternoon at $9.75 a barrel below WTI crude futures , narrower [Read more]
PrairieSky Royalty Announces Conference Call for 2018 Annual Results
CALGARY, Alberta, Feb. 04, 2019 (GLOBE NEWSWIRE) -- PrairieSky will release its annual and Q4 2018 results on Monday, February 11, 2019 after markets close. The news release detailing PrairieSky’s Annual and Q4 2018 results will provide operating and financial information. Financial statements, management’s discussion and analysis and the annual information form will be available on PrairieSky’s website at www.prairiesky.com and on SEDAR at www.sedar.com. A conference call to discuss the [Read more]
Emerald Bay Energy Settles $924,658.90 of Debt at $0.05 Per Share
CALGARY, AB / ACCESSWIRE / February 4, 2019 / Further to the press release dated May 29, 2018, Emerald Bay Energy Inc. (TSX Venture: EBY, OTC: EMBYF) (the "Corporation", the "Company" or "Emerald Bay") is pleased to announce that it has received final approval from the TSX Venture Exchange and has settled all amounts owing in connection with two separate loan/credit arrangements previously provided to the Corporation by Hillcrest Investments Ltd., a company controlled by Clarence Wagenaar (who [Read more]
First Infrastructure Capital Acquires Premier Delaware Basin Pipeline Through Acquisition of WhiteWater Midstream
The Transaction Positions WhiteWater for the Long Term and Provides Substantial Capital for Future Projects AUSTIN, Texas & HOUSTON--(BUSINESS WIRE)--WhiteWater Midstream (“WhiteWater”) and its financial sponsors, Denham Capital Management (“Denham”) and Ridgemont Equity Partners (“Ridgemont”), announced today that they have entered into definitive agreements for the sale of WhiteWater to funds managed by First Infrastructure Capital Advisors, LLC [Read more]
EPIC Announces Option Exercise by Affiliates of Noble Energy Inc., Apache Corporation and Diamondback Energy in Both the EPIC Crude and NGL Pipelines
Final phase of the NGL Pipeline remains on schedule and construction of the Crude Pipeline begins this month. SAN ANTONIO--(BUSINESS WIRE)--EPIC Midstream Holdings, LP (“EPIC” or “the Company”) today announced that Noble Midstream Partners LP (NYSE: NBLX) exercised its option for a 30% equity stake in the EPIC Crude Pipeline Project and a 15% equity stake in the EPIC NGL Pipeline while Altus Midstream Company (Nasdaq: ALTM), through one of its [Read more]
WPX Energy President to Speak at Credit Suisse Conference
TULSA, Okla.--(BUSINESS WIRE)--WPX Energy (NYSE:WPX) President and Chief Operating Officer Clay Gaspar is scheduled to speak at the Credit Suisse Energy Summit on Feb. 11. Gaspar’s presentation begins at 11:35 a.m. Mountain. A webcast is not available. His slide deck will be posted on www.wpxenergy.com. As previously disclosed, WPX also plans to discuss its fourth-quarter and full-year 2018 financial and operations results during a webcast on [Read more]
Pembina going ahead with polypropylene plant joint venture with Kuwaiti firm
CALGARY - Pembina Pipeline Corp. says it is going ahead with its joint venture with Kuwait's Petrochemical Industries Co. to build an integrated propane dehydrogenation plant and polypropylene upgrading facility in Alberta. The project is estimated to cost $4.5 billion including the plants and supporting facilities. Pembina's share will be $2.5 billion including a 50 per cent interest in the joint venture, which will own the plants, and a 100 per cent stake in the supporting [Read more]
AltaGas Ltd. to Issue Fourth Quarter and Full Year 2018 Results
CALGARY, Feb. 4, 2019 /CNW/ - AltaGas Ltd. ("AltaGas") (TSX: ALA) will release its 2018 fourth quarter and year-end financial results on Thursday, February 28, 2019 before market open. A conference call and webcast will be held the same day to discuss the financial results, update on the balanced funding plan, progress on construction projects and other corporate developments. Time: 9:00 a.m. MT (11:00 a.m. ET) on February 28, 2019 Dial-in: 1-647-427-7450 or toll free at [Read more]
Pembina Pipeline Corporation Announces Positive Final Investment Decision on an Integrated Petrochemical Facility
CALGARY, Feb. 4, 2019 /CNW/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) along with Petrochemical Industries Company K.S.C. ("PIC") of Kuwait, is pleased to announce a positive final investment decision to construct a 550,000 tonne per annum integrated propane dehydrogenation ("PDH") plant and polypropylene ("PP") upgrading facility ("PDH/PP Facility") through their equally-owned joint venture entity, Canada Kuwait Petrochemical Corporation ("CKPC"). CKPC [Read more]