Firm capacity between Dawn, Kirkwall and Parkway starting as early as Nov. 1, 2018 CHATHAM, ON, Dec. 1, 2015 /CNW/ - Union Gas is holding an open season for incremental firm capacity of up to 350,000 GJ/d beginning in 2018 and an additional 600,000 GJ/d in 2019 along the following transportation paths: (a) Dawn to Parkway; (b) Dawn to Kirkwall; and (c) Kirkwall to Parkway. The open season offers firm access to the liquidity and diversity of the Dawn Hub in addition to [Read more]
Montana Exploration Signs Strategic Agreement with U.S Based Utility Increasing Shaunavon Oil Lands and Eagle Gas Lands to 447,000 Acres
CALGARY, Dec. 1, 2015 /CNW/ - Montana Exploration Corp. ("MTZ" or the "Company") (TSXV: MTZ) announced that it has signed an agreement (the "Agreement") with a major regional Utility, to farm-in on approximately 315,000 acres in Blaine and Hill Counties in the State of Montana. Much of this acreage is "held by production" by shallow gas zones, where deeper targets have been significantly under-exploited. Pursuant to the Agreement, the Company will drill Eagle gas wells to produce gas that will [Read more]
Bellatrix Announces Borrowing Base Redetermination and Mutual Expiration of Shareholder Agreement with Orange Capital
TSX, NYSE: BXE CALGARY, Dec. 1, 2015 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE) announces the results of its semi-annual borrowing base redetermination under the Company's secured revolving credit facilities ("Credit Facility"), resulting in approximately $200 million of available liquidity based on September 30, 2015 debt balances. Effective November 30, 2015, the borrowing base of the Company's Credit Facility has been reduced by 10% from [Read more]
Seven Generations’ lenders increase credit facility by 30 percent to $850 million
7G commences expanded natural gas deliveries to the Chicago market on Alliance Pipeline TSX: VII CALGARY, Dec. 1, 2015 /CNW/ - Seven Generations Energy Ltd. has expanded its existing senior secured credit facility by $200 million to $850 million. This addition to 7G's credit facility is provided by a syndicate of ten financial institutions in recognition of the success of 7G's capital investment and natural gas marketing programs. The increase takes available funding, not including [Read more]
TSX Venture Exchange Daily Bulletins
VANCOUVER, Nov. 30, 2015 /CNW/ - TSX VENTURE COMPANIES ALABAMA GRAPHITE CORP. ("ALP")BULLETIN TYPE: Resume TradingBULLETIN DATE: November 30, 2015TSX Venture Tier 2 Company Effective at 5:00 a.m., PST, November 30, 2015, shares of the Company resumed trading, an announcement having been made. :::::::: ATHABASCA NUCLEAR CORP. ("ASC")BULLETIN TYPE: Regional Office ChangeBULLETIN DATE: November 30, 2015TSX Venture Tier 2 Company Pursuant to Policy 1.2, TSX Venture Exchange has been [Read more]
Shell takes final investment decision to expand Alpha Olefins production at Geismar chemical plant in US Gulf Coast
HOUSTON, Nov. 30, 2015 /CNW/ -- Shell Chemical LP (Shell) today announces the final investment decision to increase Alpha Olefins (AO) production at its chemical manufacturing site in Geismar, Louisiana, making the site the largest AO producer in the world. Shell will construct a fourth AO unit, adding 425,000 tonnes of capacity. The chemical site is used in the production of stronger and lighter polyethylene plastic for packaging and bottles, as well as engine and industrial oils and drilling [Read more]
Pembina Pipeline Corporation Announces 2016 Capital Program of $2.1 Billion
(All financial figures are approximate and in Canadian dollars unless otherwise noted. This news release refers to earnings before interest, taxes, depreciation and amortization ("EBITDA") which is a financial measure that is not defined by Generally Accepted Accounting Principles ("GAAP"). For more information about EBITDA, see "Non-GAAP Measures" herein.) CALGARY, Nov. 30, 2015 /CNW/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced that its [Read more]
Vermilion Energy Inc. CEO, Lorenzo Donadeo to Retire; Anthony Marino, President and COO to Succeed Donadeo as President and CEO
CALGARY, Nov. 30, 2015 /CNW/ - Vermilion Energy Inc. ("Vermilion", "the Company", "We", "Us", or "Our") (TSX, NYSE: VET) Co-founder and Chief Executive Officer Lorenzo Donadeo today announced publicly his intention to retire as CEO effective March 1, 2016, at which time he will transition to his new role as Chair of the board of directors. Larry Macdonald, the Company's current Chair will transition to the newly created role of Lead Director. In line with the Company's succession plan, [Read more]
Petromin Announces Retirement of Kenny Chan
VANCOUVER, Nov. 27, 2015 /CNW/ - Petromin Resources Ltd. ("Petromin" or the "Company") wishes to announce the retirement and resignation of Mr. Kenny Chan as a director to the Company and thank him for his service to the Company and wish him well in his future endeavors. About Petromin Petromin Resources Ltd. (TSXV: PTR) is an oil and natural gas exploration and production company listed as a Tier 1 issuer on the TSX Venture Exchange. The Company is currently focused on its core [Read more]
3MV Energy Announces Third Quarter 2015 Results
CALGARY, Nov. 27, 2015 /CNW/ - 3MV Energy Corp. ("3MV" or the "Company") (TSXV: TMV) is pleased to report its financial and operating results for the three and nine month periods ended September 30, 2015. 3MV's unaudited financial statements and related management's discussion and analysis for the three and nine month periods ended September 30, 2015 have been filed and are available on the SEDAR website at www.sedar.com and on the Company's website at www.3mvenergy.com. 3MV announces the [Read more]
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