CALGARY, Nov. 28, 2013 /CNW/ - Ironhorse Oil & Gas Inc. ("Ironhorse" or the "Company") (TSX-V: IOG) announces the following: Ironhorse is pleased to announce that on November 27, 2013 Ironhorse completed the sale of its interest in the Leon Lake area of Saskatchewan for proceeds of $7.2 million dollars. Proceeds were used to repay the outstanding bank debt of $3.4. Remaining funds of approximately $3.8 million will be used to fund capital expenditures required to complete the final [Read more]
Tilbury LNG Facility expansion and natural gas for transportation boosted by government announcement
FortisBC transportation and natural gas customers benefit from changes SURREY, BC, Nov. 28, 2013 /CNW/ - FortisBC, a subsidiary of Fortis Inc. (TSX: FTS) commends the B.C. government for changes announced today that will help to increase FortisBC's ability to rapidly and cost-effectively supply liquefied natural gas (LNG) to the B.C. marketplace. The changes include updates to the greenhouse gas reduction regulation and directions to the BC Utilities Commission (BCUC), including the exemption of [Read more]
Madalena Announces Third Quarter 2013 Financial Results and Operations Update
TSXV Trading Symbol: MVN CALGARY, Nov. 28, 2013 /CNW/ - Madalena Energy Inc. (TSXV: MVN) (the "Company" or "Madalena") is pleased to announce the filing on SEDAR of the unaudited interim consolidated financial statements and related Management's Discussion and Analysis ("MD&A") for the three and nine months ended September 30, 2013. Selected financial and operational information is outlined below and should be read in conjunction with Madalena's unaudited interim consolidated financial [Read more]
Pembina Pipeline Corporation Announces Capital Spending Plan of $1.5 Billion in 2014 and Provides Commercial and Operational Update
(All financial figures are approximate and in Canadian dollars unless otherwise noted.) CALGARY, Nov. 28, 2013 /CNW/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced that its Board of Directors has approved a capital spending plan of approximately $1.5 billion for 2014. This is approximately 56 percent higher than last year's capital budget and represents the largest in the Company's history. "Pembina's capital spending plan for 2014 is indicative of [Read more]
Surge Energy Inc. closes previously announced financing
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ CALGARY, Nov. 28, 2013 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) is pleased to announce that it has closed the previously announced financing detailed in the Company's press release dated November 6, 2013. The financing was completed in connection with the previously announced acquisition (the "Acquisition") by the Company of certain assets in Alberta. The Company issued 8,400,000 [Read more]
Pinecrest Energy Inc. announces its 2013 third quarter results
TSX Venture Exchange: PRY CALGARY, Nov. 27, 2013 /CNW/ - Pinecrest Energy Inc. ("Pinecrest" or the "Company") announces that it has filed on SEDAR its unaudited financial statements and related Management's Discussion and Analysis ("MD&A") for the three and nine months ended September 30, 2013. The statements will be available for review at www.sedar.com or www.pinecrestenergy.com. THIRD QUARTER 2013 HIGHLIGHTS The following update highlights operational matters undertaken by Pinecrest [Read more]
National Energy Board Responds to Gas Pipeline Rupture Southeast of Boyle, AB
CALGARY, Nov. 27, 2013 /CNW/ - The National Energy Board (NEB or Board) is responding to a pipeline rupture on the Nova Gas Transmission Ltd (NGTL) pipeline system approximately 14 kilometres southeast of Boyle, AB owned and operated by TransCanada Pipelines Ltd (TransCanada). The release was reported to the NEB late this morning. The size of the release has yet to be determined by the NEB. There is no immediate safety concern for local residents and precautions are being taken to ensure [Read more]
National Energy Board to Join FracFocus.ca
CALGARY, Nov. 27, 2013 /CNW/ - The National Energy Board (NEB or the Board) will soon request companies regulated under the Canada Oil and Gas Operations Act (COGOA) to publicly disclose information on the fluids used in hydraulic fracturing operations. Today the NEB signed an agreement with the BC Oil and Gas Commission, and the US-based Ground Water Protection Council and Interstate Oil and Gas Compact Commission to participate in the Fracfocus.ca website. "We understand that Canadians demand [Read more]
Parliamentary Commission on the Pipeline Line 9B Reversal Project – Access to Western oil is necessary to ensure the future of Quebec’s refining industry
LÉVIS, QC, Nov. 27, 2013 /CNW Telbec/ - The future of Quebec's refining industry depends on having access to quality crudes at competitive prices, and this means access to Western oil. This is the conclusion of a submission presented today by Valero Energy Inc. (‟Valero") during consultations conducted by the Agriculture, Fisheries, Energy and Natural Resources Commission on the Pipeline 9B Reversal Project proposed by Enbridge. ‟The future of refineries depends on huge [Read more]
Chambre de commerce de l’Est de Montreal voices its support for Enbridge’s Line 9B reversal project
MONTREAL, Nov. 27, 2013 /CNW Telbec/ - The Chambre de commerce de l'Est de Montréal (CCEM), which represents more than 1,200 members, today reiterated its support for the proposed reversal of Enbridge's Line 9B before the parliamentary commission that is examining the project. "By enabling them to procure crude oil at better prices, reversing Line 9B would ensure the competitiveness of our refineries and petrochemical companies," said Isabelle Foisy, executive director of the CCEM. "There are [Read more]
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