MONTREAL, June 4, 2015 /CNW Telbec/ - Today four-time Formula One™ World Champion and current Scuderia Ferrari Driver, Sebastian Vettel, prepared for this weekend's Canadian Grand Prix by challenging local media in a virtual race as part of the launch of Shell V-Power NiTRO+ Premium Gasoline. The German driver participated in a special Shell V-Power NiTRO+ video racing game titled Unleashed, where drivers must avoid obstacles to protect their engine from gunk, wear and corrosion which simulates [Read more]
Cenovus buys rail loading terminal from Canexus for $75 million
Facility ownership strengthens market access CALGARY, June 4, 2015 /CNW/ - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has agreed to purchase Canexus Corporation's North American Terminal Operations (NATO), a crude-by-rail trans-loading facility, for $75 million, subject to adjustments. The acquisition is part of Cenovus's strategy to create a portfolio of transportation options designed to maximize market access and capture global prices for its oil. "By purchasing this facility at an [Read more]
Pembina Pipeline Corporation Announces Expansion of Horizon Pipeline System
CALGARY, June 4, 2015 /CNW/ - Pembina Pipeline Corporation ("Pembina" or "the Company") (TSX: PPL; NYSE: PBA) announced that it will expand its existing Horizon Pipeline System ("Horizon") (the "Horizon Expansion") for an estimated capital cost of approximately $125 million. The Horizon Expansion will increase the pipeline's capacity up to 250,000 barrels per day, which will be achieved predominantly through the upgrading of mainline pump stations and other facility modifications, as [Read more]
Madalena Posts Updated Corporate Presentation
TSXV Trading Symbol: MVNOTC Trading Symbol: MDLNF CALGARY, June 4, 2015 /CNW/ - Madalena Energy Inc. (TSX-V: MVN and OTC: MDLNF) (the "Company" or "Madalena") announces that it has posted a new corporate presentation for investors and interested parties on its website at www.madalenaenergy.com. This new presentation provides an overview of Madalena's international assets. About Madalena Energy Madalena is an independent, Canadian-based Argentina focused, upstream oil and gas company. Madalena [Read more]
Sunshine Oilsands Ltd. Announces Framework Agreement with Nobao Renewable Energy Holdings Limited Relating to Strategic Cooperation on Technology Development
CALGARY, Alberta and HONG KONG, June 3, 2015 /CNW/ -- Sunshine Oilsands Ltd. (the "Corporation" or "Sunshine") (HKEX: 2012, TSX: SUO) is pleased to announce that on June 4, 2015 (Hong Kong time), Sunshine entered into a non-legally binding framework agreement for strategic cooperation (the "Framework Agreement") with Nobao Renewable Energy Holdings Limited ("Nobao"), a company incorporated in the Cayman Islands. Nobao is a Shanghai based company controlled by Mr. Kwok Ping Sun ("Mr. Sun"). Mr. [Read more]
Mountainview Energy Ltd. Announces Executive Change
CUT BANK, MT, June 3, 2015 /CNW/ - Mountainview Energy Ltd. ("Mountainview" or the "Company") (TSX-V: MVW) announces the departure of Mr. Brent Osmond, Vice President, Finance and Chief Financial Officer of the Company, effective immediately. The Company thanks Mr. Osmond for his service and wishes him success in the future. Ms. Katherine Hylland, CPA and Controller of the Company, has been appointed Interim Vice President, Finance and Chief Financial Officer. About [Read more]
Legacy Oil + Gas Inc. announces details of shareholder meeting and mailing of proxy materials
CALGARY, June 3, 2015 /CNW/ - Legacy Oil + Gas Inc. (TSX: LEG) ("Legacy" or the "Company") is pleased to announce that it will hold an annual and special meeting (the "Meeting") of holders ("Legacy Shareholders") of common shares ("Legacy Shares") of Legacy in the Devonian Room of the Calgary Petroleum Club, 319 – 5th Avenue S.W., Calgary, Alberta, on Tuesday, June 30, 2015 at 9:00 a.m. (Calgary time). At the Meeting, Legacy Shareholders will be asked to consider and vote upon the proposed plan [Read more]
Connacher Announces Management and Board Changes
CALGARY, June 3, 2015 /CNW/ - Connacher Oil and Gas Limited (CLC - TSX; "Connacher" or the "Company") today announced that Brent de Jong, currently Chairman and a director of Connacher, has been appointed Interim Chief Executive Officer, replacing Christopher Bloomer who resigned as Chief Executive Officer and a director of Connacher. Connacher wishes to thank Mr. Bloomer for his significant contributions to the Company and wishes him the very best in his future endeavours. Mr. de Jong has [Read more]
Sunshine Oilsands Ltd. Announces Record Date of the Special General Meeting to be Held on July 21, 2015 in Respect of the Private Placements
CALGARY, Alberta and HONG KONG, June 3, 2015 /CNW/ -- Reference is made to the announcement of Sunshine Oilsands Ltd. (the "Corporation" or "Sunshine") (HKEX: 2012, TSX: SUO) dated June 1, 2015 (Hong Kong) and May 31, 2015 (Calgary) relating to (i) the proposed issue of new Class "A" common voting shares (the "Shares") of the Corporation under the specific mandate and (ii) the connected transaction involving the subscription of new Shares by connected persons of the Corporation (collectively, [Read more]
Jereh Launches Playwell Micro LNG Solution at WGC
PARIS, June 3, 2015 /CNW/ -- On June 3rd, Jereh launched its Playwell Micro LNG Solution at the World Gas Conference 2015 in Paris. The innovative solution is specially designed in four standardized packages to achieve LNG production capacity of 1.0mmscfd, 2.0mmscfd, 4.0mmscfd and 6.0mmscd, ensuring the shortest project period in only 20 weeks and thus 60% savings in project cycle and 20% in project cost. The four standardized packages in the solution can have wider applications for CBM, [Read more]
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