HOUSTON, Dec. 15, 2015 /CNW/ -- ESG Solutions, an industry leader in microseismic services and technology, recently acquired Spectraseis Inc., a company on the forefront of surface-based seismic technology in Hydraulic Fracture Monitoring and Induced Seismicity Monitoring (ISM). Quickly and accurately detecting seismicity near to, or associated with, hydraulic fracture operations is key to avoiding costly shutdowns and wellbore damage. ESG now offers Spectraseis Induced Seismicity Monitoring, [Read more]
Report finds comparable safety records for railways and pipelines moving crude oil
OTTAWA, Dec.15, 2015 /CNW Telbec/ - Railways and pipelines are equally safe means of transporting crude oil, according to a report comparing safety data for each mode. The report – Canadian Crude Oil Transportation: Comparing the Safety of Pipelines and Railways – was published by consultant group Oliver Wyman last month, and was commissioned by the Railway Association of Canada (RAC). The report found that between 2012 and 2014, Canadian pipelines and Class I railways together transported [Read more]
Surge Energy Inc. Confirms December 2015 Dividend
CALGARY, Dec. 15, 2015 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on January 15, 2016 in respect of December 2015 production, for the shareholders of record on December 31, 2015 will be $0.0125 per share. The dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). Surge Energy Inc. is an oil-weighted production and development company with high quality, large oil in place, crude oil reservoirs. [Read more]
Journey Energy Inc. Announces Guidance for 2016 and Suspension of Quarterly Dividend
CALGARY, Dec. 14, 2015 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") announces its capital plan and guidance for 2016 as well as the suspension of its quarterly dividend. FOURTH QUARTER OPERATIONAL UPDATE Journey has completed its fourth quarter drilling program with 4 (3.1 net) wells drilled. 3 (2.5 net) wells were drilled in Countess-Brooks and 1 (0.6 net) well was drilled in Matziwin. The results of these wells have exceeded our expectations. All wells are [Read more]
TORC Oil & Gas Ltd. Confirms Monthly Dividend for December 2015
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ CALGARY, Dec. 14, 2015 /CNW/ - TORC Oil & Gas Ltd. ("TORC" or the "Company") (TSX:TOG) is pleased to confirm that a dividend of $0.045 per common share will be paid on January 15, 2016 to common shareholders of record on December 31, 2015. The ex-dividend date is December 29, 2015, with payment to be made in cash or common shares at the election of the shareholder. Any common shareholder [Read more]
TORC Oil & Gas Ltd. Announces 2016 Capital Budget and Production Guidance; Confirms December Dividend
CALGARY, Dec. 14, 2015 /CNW/ - TORC Oil & Gas Ltd. ("TORC" or the "Company") (TSX: TOG) is pleased to announce the Company's Board of Directors has approved a 2016 capital budget of $90 million. TORC's strategic objectives associated with the 2016 capital budget are consistent with the Company's long term objectives of delivering disciplined growth in combination with maintaining financial flexibility while providing a sustainable dividend over the long term. TORC's 2016 [Read more]
Vermilion Energy Inc. Announces $0.215 CDN Cash Dividend for January 15, 2016 Payment Date
CALGARY, Dec. 11, 2015 /CNW/ - Vermilion Energy Inc. ("Vermilion") (TSX, NYSE: VET) is pleased to announce a cash dividend of $0.215 CDN per share payable on January 15, 2016 to all shareholders of record on December 22, 2015. The ex-dividend date for this payment is December 18, 2015. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). Vermilion is an oil-leveraged producer that seeks to create value through the acquisition, exploration, development and [Read more]
Bruce Power receives prestigious Platts Global Energy award recognizing leadership in energy industry
TIVERTON, ON, Dec. 11, 2015 /CNW/ - A week after announcing a long-term agreement to secure 6,300 megawatts of electricity through a multi-year investment program, Bruce Power was honoured with the Platts Global Energy Award for Industry Leadership in the power sector at an event in New York City. "This really caps off a very successful year for our company when we've secured our long term future while reaching new heights in safety performance and output," said Duncan Hawthorne, [Read more]
Shell and Akon Unveil Africa's First Player and Solar Powered Football Pitch in Lagos
Pitch to inspire entrepreneurs and bright energy ideas that open up access to energy in Africa and beyond Akon and Hardwork debut new song on pitch that will feature in music video celebrating potential of renewable energy LAGOS, Nigeria, Dec. 10, 2015 /CNW/ - Global music star Akon joined Shell to shine a light on the power of innovative options for access to smarter energy by unveiling Africa's first human and solar powered football pitch at the Federal College of Education, Akoka, [Read more]
Central and Eastern European Natural Gas Sector Enters Ground Breaking Phase of Supply Diversity Collaboration
LONDON, Dec. 10, 2015 /CNW/ - Recent weeks have seen Russian gas behemoth - and key strategic supplier to Europe - Gazprom collide yet again with the Ukraine and, by extension, key gas supply stakeholders in Europe. Maroš Šefčovič, European Commission Vice President for Energy and lynchpin in the Russian-Ukraine negotiations has warned that "Eastern European countries will clearly have their energy security decreased" if the proposed Nord Stream-2 expansion project goes ahead. Gazprom have [Read more]
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