CALGARY, Dec. 9, 2019 /CNW/ - Representatives of Kinder Morgan, Inc. (KMI), which owns a controlling interest in Kinder Morgan Canada Limited (KML), intend to participate in investor meetings at the Wells Fargo Midstream & Utility Symposium on Wednesday, December 11, 2019 in New York City, New York to discuss the business and affairs of KMI. This event may include discussion of KML's business. The materials to be presented at this event will be available before noon CST on the Tuesday … [Read more...]
Jupiter Receives Further Extension to Credit Facility
CALGARY, Dec. 6, 2019 /CNW/ - Jupiter Resources Ltd. and its affiliates (collectively, "Jupiter" or the "Company") have received a further extension to the maturity date, associated with the Company's existing senior secured reserve-based revolving credit facility (the "RBL Facility"), until December 18, 2019. The commitments under the RBL Facility will be limited to a maximum of $265 million for the extension period, during which the Company will continue to negotiate a longer-term credit … [Read more...]
Inter Pipeline Announces Capital Expenditure Program for 2020
CALGARY - Inter Pipeline Ltd. ("Inter Pipeline") (TSX: IPL) announced today a $1.2 billion capital expenditure program for 2020. Approximately $1.1 billion of total capital expenditures will be for organic growth initiatives, with the remaining invested in sustaining capital projects. Capital Expenditure Summary 2020 Forecast (millions) Growth Capital NGL Processing $980 Conventional Oil Pipelines 45 Oil Sands … [Read more...]
Tourmaline Oil Corp. Declares Quarterly Dividend
CALGARY, Dec. 5, 2019 /CNW/ - Tourmaline Oil Corp. (TSX - TOU) ("Tourmaline" or the "Company") is pleased to announce that its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.12 per common share. The dividend will be payable December 31, 2019 to shareholders of record at the close of business on December 16, 2019. This quarterly cash dividend is designated as an "eligible dividend" for Canadian income tax purposes. Reader … [Read more...]
Keyera Announces 2019 Investor Day Details
CALGARY, Dec. 2, 2019 /CNW/ - Keyera Corp. (TSX: KEY) ("Keyera") will be hosting its inaugural Investor Day on December 11, 2019. Please join via webcast as Keyera's executive team discusses the company's strategy, strategic priorities and future, including a five-year outlook for each business segment. The live webcast will begin at 8:30 a.m. Eastern Standard Time and can be accessed on Keyera's website at … [Read more...]
Bonterra Energy Corp. Confirms Cash Dividend for November 2019 Payable December 31, 2019
CALGARY, Dec. 2, 2019 /CNW/ - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX: BNE) ("Bonterra" or the "Company") announces that the November 2019 monthly cash dividend will be $0.01 per share and will be paid on December 31, 2019. The record date for the dividend is December 16, 2019 and the ex-dividend date is December 13, 2019. The dividend is paid monthly and is subject to commodity prices and production levels. The dividend is considered an "eligible dividend" for tax … [Read more...]
MEG Energy announces successful completion of its 2020 rail strategy and reaffirms 2020 production guidance
CALGARY - MEG Energy Corp. (TSX:MEG) announced today it has successfully completed rail contracting to support its 2020 production guidance. On November 21, MEG announced 2020 production guidance of 94,000 to 97,000 bpd of bitumen which was dependent in part on the Corporation's ability to re-contract a significant portion of its rail loading capacity which was previously contracted for blend sales agreements with the Alberta Petroleum Marketing Commission. The required re-contracting has … [Read more...]
Clearview Reports Third Quarter Results and Operations Update
Adjusted funds flow of $0.9 million in the third quarter, up 17% from the comparative quarter of 2018 and $4.2 million of adjusted funds flow for the nine months ended September 30, 2019, up 139%, versus the comparative nine months of 2018 Reduced net debt by $2.4 million, since the beginning of the year, to $15.8 million at September 30, 2019 resulting in a net debt to annualized nine-month adjusted funds flow ratio of 2.8:1 Increased production 13% and 15%, in the three and nine months … [Read more...]
Enbridge Gas Chatham-Kent Rural Pipeline Expansion Now Open for Business
Reliable access to affordable natural gas meets agricultural, commercial, and industrial market demand CHATHAM, ON - Enbridge Gas announced today that the Chatham-Kent Rural Pipeline Expansion Project is in service. The $19.1M project ensures the reliable delivery of natural gas, meeting the growing agricultural, commercial, and industrial market demand in Chatham-Kent and surrounding areas, including in the fast-growing greenhouse market. This project was supported by the Natural Gas … [Read more...]
Softrock pleased with continued increase in revenue
/THIS RELEASE NOT FOR CIRCULATION OR RELEASE IN THE USA./ CALGARY, Nov. 28. 2019 /CNW/ - Softrock Minerals Ltd (SFT on TSXV) announced in their third quarter report recently released to SEDAR, that their oil and gas royalty revenue in this year's third quarter had more than doubled over the corresponding 3 months on 2018 from $12,195 to $ 24,882. Likewise royalty income for the first nine months of this year at $74,081 is more than three times last year's first nine months of … [Read more...]
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