TSX-V: HME VANCOUVER, April 26, 2016 /CNW/ - Hemisphere Energy Corporation (TSX-V: HME) ("Hemisphere" or the "Company") is pleased to announce its financial and operating results for the year ended December 31, 2015. Through 2015 Hemisphere focused on reducing administration and operating costs while at the same time developing its assets to maximize reserve additions with minimal capital. The Company successfully concentrated on its core properties in southeastern Alberta where three [Read more]
Northern Blizzard Resources Inc. Announces Conference Call on First Quarter 2016 Results and Annual Meeting of Shareholders
CALGARY, April 26, 2016 /CNW/ - Northern Blizzard Resources Inc. ("Northern Blizzard" or the "Company") (TSX: NBZ) will release its first quarter 2016 financial and operating results prior to the opening of markets on May 11, 2016. Northern Blizzard will host a conference call on May 11, 2016, starting at 9:00AM MT (11:00AM ET), to review the Company's first quarter 2016 results. Participants can access the conference call by dialing (403) 532-5601 or toll-free (US & Canada) 1 (855) [Read more]
NEB releases preliminary timeline for Energy East
CALGARY, April 26, 2016 /CNW/ - The National Energy Board (NEB) has released a preliminary timeline for the Energy East hearing process. This timeframe reflects an extended time limit of 21 months for the process, as directed by the Minister of Natural Resources. National Energy Board reviews are typically conducted within a 15-month time limit. The following table outlines the expected steps and timing that the NEB plans on following to consider the amended Energy East project [Read more]
Government of Canada Advances Line 3 Replacement Program Decision Process Under Interim Principles
OTTAWA, April 25, 2016 /CNW/ - The National Energy Board (NEB) today released its recommendations report on the proposed Line 3 Replacement Program. The NEB's report concludes that the Line 3 Replacement Program is in the overall Canadian public interest and that with the implementation of mitigation measures, including the NEB's conditions, the project is unlikely to cause significant adverse environmental effects. In keeping with its commitment to restore confidence in Canada's [Read more]
National Energy Board Issues Decisions and Recommendations regarding Enbridge Line 3 Replacement Project
CALGARY, April 25, 2016 /CNW/ - The National Energy Board (NEB) has concluded that the Enbridge Line 3 Replacement Program (Project) is in the Canadian public interest and will recommend Project approval to the federal Governor in Council. The NEB Decision follows a public hearing process that included an exhaustive scientific and technical examination of all the evidence brought before the three member NEB panel. In recommending approval of the Project, the NEB noted that the Project will [Read more]
LGX Oil + Gas Inc. Announces Year-End Reserves and Financial Results and Filing of Annual Information Form
CALGARY, April 22, 2016 /CNW/ - LGX Oil + Gas Inc. ("LGX" or the "Company") (TSXV:OIL) is pleased to announce it has filed on SEDAR its audited financial statements and related Management's Discussion and Analysis ("MD&A") for the year ended December 31, 2015 as well as its annual information form ("AIF") for the year ended December 31, 2015. Selected financial and operational information is outlined below and should be read in conjunction with LGX's audited financial statements, the related [Read more]
Pembina Pipeline Corporation Announces Regulatory Approval Received for Phase III Expansion
CALGARY, April 21, 2016 /CNW/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) is pleased to announce that the Company has received approval from the Alberta Energy Regulator ("AER") relating to the construction of two 270 kilometre, 24 and 16 inch pipelines between Fox Creek and Namao, Alberta (the "Fox Creek to Namao Pipelines"), as part of a series of projects that form the Company's Phase III Expansions ("Phase III Expansion"). Once complete, Pembina will [Read more]
Madalena Announces Fourth Quarter and Year End 2015 Financial Results and Provides Operations Update and 2016 Outlook
CALGARY, April 21, 2016 /CNW/ - Madalena Energy Inc. ("Madalena" or the "Company") (TSXV: MVN and OTCQX: MDLNF) is pleased to provide selected financial and operational information for the three months and year ended December 31, 2015. Copies of the Company's consolidated financial statements for the year ended December 31, 2015, the related management's discussion and analysis and the Annual Information Form (the "AIF") of the Company have been filed with Canadian securities regulatory [Read more]
Enerplus Announces Cash Dividend for May 2016
CALGARY, April 21, 2016 /CNW/ - Enerplus Corporation ("Enerplus") (TSX: ERF) (NYSE: ERF) announces that a cash dividend in the amount of CDN$0.01 per share will be payable on May 16, 2016 to all shareholders of record at the close of business on May 2, 2016. The ex-dividend date for this payment is April 28, 2016. The CDN$0.01 per share dividend is equivalent to approximately US$0.01 per share if converted using the current Canadian/US dollar exchange rate of 0.7920. The U.S. dollar equivalent [Read more]
Georox Resources Announces Proposed Share Consolidation, Private Placement of up to $700,000 and New Director
KELOWNA, BC, April 20, 2016 /CNW/ - Mr. Burkhard Franz, President and Chief Executive Officer of Georox Resources Inc. ("Georox" or the "Corporation") (GXR: TSX-V; OF6A:FRA) wishes to announce several developments with respect to the Corporation's financial affairs. Share Consolidation On April 30, 2015, the shareholders of Georox approved a special resolution authorizing (if and when the board of directors of the Corporation deemed it appropriate to do so, but in any event such [Read more]
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