HONG KONG, Jan. 27, 2016 /CNW/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced that the Kenli 10-4 oilfield has commenced production. The Kenli 10-4 oilfield is located in the South of Bohai with an average water depth of approximately 15 meters. In addition to fully utilizing the existing facilities of Kenli 10-1 oilfield, the Kenli 10-4 oilfield also included the development of one wellhead platform. There are currently 6 wells on production, producing a [Read more]
Keane Group to Acquire the U.S. Assets of Trican Well Service Ltd.
HOUSTON, Jan. 26, 2016 /CNW/ -- Keane Group, a privately-held U.S. based well completion services company, has agreed to acquire the majority of Canada-based Trican Well Service Ltd.'s (TSX: TCW) U.S. assets for total consideration of U.S. $247 million, comprised of U.S. $200 million in cash plus a minority interest stake in Keane Group. With the acquisition, Keane will triple its frac capacity, acquire access to proprietary technology, add applied engineering capabilities and further expand the [Read more]
Painted Pony announces capital reductions while maintaining forecast production profile
CALGARY, Jan. 25, 2016 /CNW/ - Painted Pony Petroleum Ltd. ("Painted Pony" or the "Corporation") (TSX: PPY) is pleased to announce that due to further realized capital efficiencies, the 2016 capital spending program has been reduced by 8% to $197 million from a previous estimate of $215 million. Forecast 2016 production volumes remain unchanged and are expected to average approximately 138 MMcfe/d (23,000 boe/d) with daily production volumes expected to exceed 240 MMcfe/d (40,000 boe/d) by year [Read more]
Couche-Tard Welcomes Claude Tessier as Chief Financial Officer
LAVAL, QC, Jan. 25, 2016 /CNW Telbec/ - Alimentation Couche-Tard Inc. ("Couche-Tard") (TSX: ATD.A/ATD.B) announces today the appointment of Mr. Claude Tessier as its Chief Financial Officer, with effect from January 28, 2016. Mr. Tessier is a retail industry veteran and joins us from Canadian grocer Sobeys Inc., where he was President of the IGA Operations Business Unit. "I am excited to join the Couche-Tard family. Couche-Tard is one of the true success stories of Québec," says Mr. Tessier. [Read more]
Suncor Energy and Canadian Oil Sands mail and file documents for amended offer for COS shares
CALGARY, Jan. 22, 2016 /CNW/ - Suncor Energy Inc. (TSX: SU; NYSE: SU) and Canadian Oil Sands Limited (TSX: COS) today announced the filing and mailing of a notice of variation and change to Suncor's offer and a notice of change to the COS directors' circular. These changes relate to the previously announced increase in the original offer to COS shareholders to 0.28 of a Suncor share for each COS share (the "Amended Offer"). The Amended Offer also provides for, among other things, an [Read more]
Suncor Énergie et Canadian Oil Sands envoient par la poste et déposent des documents relatifs à l’offre modifiée visant les actions de COS
CALGARY, le 22 janv. 2016 /CNW/ - Suncor Énergie Inc. (TSX : SU; NYSE : SU) et Canadian Oil Sands Limited (TSX : COS) ont annoncé aujourd'hui le dépôt et la mise à la poste d'un avis de modification et de changement de l'offre de Suncor et d'un avis de modification de la circulaire du conseil d'administration de COS. Ces changements concernent la bonification annoncée précédemment de l'offre initiale présentée aux actionnaires de COS, la portant à 0,28 de une action de Suncor pour chaque action [Read more]
3MV Energy Announces a Demand Notice From Its Secured Lender
/THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR TO ANY UNITED STATES NEWS SERVICES./ CALGARY, Jan. 21, 2016 /CNW/ - 3MV Energy Corp. ("3MV" or the "Company") (TSXV: TMV) announces it has received notice from Invico Diversified Income Limited Partnership ("Invico") of default by 3MV under terms of a loan agreement dated October 31, 2014, demand for repayment of $6,000,000 principal outstanding together with accrued unpaid interest and notice of Invico's intention to [Read more]
Minister Jim Carr Completes First Trip to Atlantic Canada as Minister of Natural Resources
DARTMOUTH, NS, Jan. 20, 2016 /CNW/ - The Honourable Jim Carr, Minister of Natural Resources, met with key leaders in the energy, mining and forest sectors, and Indigenous and environmental groups, while in Atlantic Canada. This visit supports the Government of Canada's priority of strengthening relationships to increase opportunities for Canada's natural resource sectors. While in Saint John, Minister Carr met with the Honourable Donald Arsenault, New Brunswick's Minister of Energy [Read more]
Painted Pony to Present at the 19th Annual CIBC Whistler Institutional Investor Conference
CALGARY, Jan. 20, 2016 /CNW/ - Painted Pony Petroleum Ltd. ("Painted Pony" or the "Corporation") (TSX: PPY) is pleased to announce that it will be presenting at the 19th Annual CIBC Whistler Institutional Investor Conference taking place January 21 and 22, 2016 in Whistler, British Columbia. Mr. Ted Hanbury, Senior Vice President, Engineering, will be presenting on Friday, January 22, 2016 at 8:00 am (PST) in the Macdonald F room at the Fairmont Chateau Whistler. Interested parties can access [Read more]
Madalena to Present at the Instituto Argentino de Petroleo y Gas (IAPG)
CALGARY, Jan. 20, 2016 /CNW/ - Madalena Energy Inc. (TSX-V: MVN and OTCQX: MDLNF) (the "Company" or "Madalena") announces that Kevin Shaw, Madalena's President and CEO, will be a keynote speaker at the Instituto Argentino de Petroleo y Gas ("IAPG") luncheon to be held at the Double Tree Houston Greenway Plaza Hotel at 11:30 AM (CST) on Thursday, January 21, 2016. Madalena has posted a new corporate presentation for investors and interested parties on its website at www.madalenaenergy.com. [Read more]
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