HONG KONG and CALGARY, Alberta, April 28, 2015 /CNW/ -- The board of directors (the "Board") of Sunshine Oilsands Ltd. (the "Company") (HKEX: 2012; TSX: SUO) announces that a meeting of the Board will be held on or about 7:00 a.m. on Wednesday, May 13, 2015 in Calgary, Canada (on or about 9:00 p.m. Hong Kong time on Wednesday, May 13, 2015), for the purposes of, approving the first quarter results of the Company and its subsidiaries for the three month period ended March 31, 2015 and their [Read more]
Antelope Flow Testing Starts
SINGAPORE and PORT MORESBY, April 27, 2015 /CNW/ -- InterOil Corporation (NYSE: IOC; POMSoX: IOC) has begun flow testing at the Elk-Antelope gas field in Papua New Guinea as part of the field appraisal. Papua New Guinea Prime Minister the Honorable Peter O'Neill and the Minister for Department of Petroleum and Energy the Honorable Nixon Duban today visited the Antelope-5 well site in the Gulf Province to see the operation and to be briefed on the Elk-Antelope LNG Project, a joint venture of [Read more]
Surge Energy Announces Continued Expansion of Crude Oil Discovery at Shaunavon, Saskatchewan; and $430 Million Asset Sale of SE Saskatchewan and Manitoba
CALGARY, April 27, 2015 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) announces that its previously disclosed Upper Shaunavon crude oil discovery in SW Saskatchewan is continuing to expand with excellent on-going delineation drilling results. Surge now believes that this high quality, conventional sandstone pool is over 250 million barrels of net original oil in place ("OOIP"1), with over 200 (net) low risk development drilling locations, and full waterflood upside. Surge [Read more]
Pembina Pipeline Corporation Places Pipeline Expansion into Service and Revises Time of First Quarter Conference Call and Webcast
CALGARY, April 27, 2015 /CNW/ – Pembina Pipeline Corporation ("Pembina" or "the Company") (TSX: PPL; NYSE: PBA) announced that it has placed its Phase II low vapour pressure ("LVP"), crude oil and condensate pipeline expansion ("Phase II LVP Expansion") into service. The Phase II LVP Expansion, which is underpinned by long-term contracts with Pembina's customers, was commissioned on April 8, 2015 and was placed into service on April 24, 2015, adding an incremental 55,000 barrels per day [Read more]
Seven Generations to Hold Conference Call for First Quarter 2015 Results
CALGARY, April 24, 2015 /CNW/ - Seven Generations Energy Ltd. (7G) (TSX: VII) plans to announce financial and operating results for the quarter ended March 31, 2015 after the close of markets on Monday, May 4, 2015. 7G management will hold a conference call to discuss results and address investor questions on Tuesday, May 5, 2015 at 9:00 a.m. MDT (11 a.m. EDT). Conference Call Details: Date: Tuesday, May 5, 2015 Time: 9:00 a.m. MDT [Read more]
CNOOC Limited Announces Key Operational Statistics for Q1 2015
HONG KONG, April 24, 2015 /CNW/ -- CNOOC Limited (the "Company", NYSE: CEO, SEHK: 00883, TSX: CNU) today announced its key operational statistics for the first quarter of 2015. Logo - http://www.prnasia.com/sa/200701301659.jpg Total net production in the first quarter of 2015 increased 9.4% year over year ("YoY") to 118.3 million barrels of oil equivalent ("BOE"), primarily due to the production contribution from new projects that came on stream in offshore China since 2014. In the first [Read more]
Connacher Obtains Final Court Order
CALGARY, April 23, 2015 /CNW/ - On January 30, 2015 Connacher Oil and Gas Limited (CLL – TSX; "Connacher" or the "Company") announced a proposed recapitalization transaction (the "Recapitalization") aimed at significantly reducing the Company's debt and annual interest expense, and providing additional liquidity to fund ongoing operations. Following approvals of all resolutions relating to the Recapitalization by the shareholders and noteholders, the support for the Recapitalization from 100% [Read more]
Kenli 10-1 Oilfield Commences Production
HONG KONG, April 23, 2015 /CNW/ -- CNOOC Limited (the "Company", NYSE: CEO, SEHK: 00883, TSX: CNU) today announced that the Kenli 10-1 oilfield has commenced production. The Kenli 10-1 oilfield is located in the South of Bohai with an average water depth of approximately 17 meters. The main production facilities of this oilfield include one central processing platform, two wellhead platforms and 70 producing wells. There are currently 12 wells producing approximately 10,750 barrels of crude oil [Read more]
Seven Generations Energy prices US$425 million senior notes at 6.75%
CALGARY, April 22, 2015 /CNW/ - Seven Generations Energy Ltd. (7G) (TSX: VII) has priced US$425 million aggregate principal amount of senior notes due 2023 at 6.75%, offered in a private placement to eligible purchasers. Due to strong market demand and attractive market conditions, 7G increased the size of the offering by US$25 million to US$425 million. The Company expects to close the offering on or about April 30, 2015, subject to the satisfaction of customary closing conditions. About [Read more]
Sixth Official Bilateral Meeting Between the Honourable Greg Rickford, Canada's Minister of Natural Resources, and Dr. Ernest Moniz, United States Secretary of Energy
HOUSTON, April 22, 2015 /CNW/ - Minister Rickford and Secretary Moniz re-affirmed their commitment to our continental approach on energy and the environment based on bilateral and trilateral agreements signed in Ottawa (September 2014) and Washington (December 2014). The Minister and Secretary noted important milestones achieved over the past several months, including the bilateral agreement they signed in January 2014 to improve collaboration in civilian nuclear energy research and development. [Read more]
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