CALGARY, Oct. 3, 2014 /CNW/ - Seven Generations Energy Ltd. ("7G" or the "Company") is pleased to announce the results of a recent independent resource evaluation performed by McDaniel & Associates Consultants Ltd. ("McDaniel"). McDaniel prepared the evaluation in compliance with the standards set out in National Instrument 51-101 of the Canadian Securities Administrators and the Canadian Oil and Gas Evaluation Handbook (COGEH). As of the effective date of the most recent assessment, July 1, [Read more]
Seven Generations Announces Hydraulic Fracturing Deal with Schlumberger Canada
CALGARY, Oct. 2, 2014 /CNW/ - Seven Generations Energy Ltd. ("7G" or the "Company") is pleased to announce that it has reached agreement with Schlumberger Canada ("Schlumberger") whereby Schlumberger will provide continuous service of one hydraulic fracture stimulation spread (the "Spread") with sufficient staffing to supply 24-hour operations to 7G. "Spread" is the industry term used to describe all of the equipment required to blend and pump the slurry used to hydraulically fracture deep [Read more]
Keyera Corp. Announces Executive Appointments
CALGARY, Oct. 2, 2014 /CNW/ - The Board of Dirctors of Keyera Corp. (TSX:KEY) ("Keyera") is pleased to announce that David Smith, currently Keyera's President and Chief Operating Officer, will become President and Chief Executive Officer and that Jim Bertram, currently Chief Executive Officer, will be assuming the role of Executive Chair of the Board of Directors, all effective January 1, 2015. In connection with these changes, Douglas Haughey will be appointed as Keyera's Independent Lead [Read more]
Bellatrix announces transfer of listing from NYSE MKT to the New York Stock Exchange
CALGARY, Oct. 1, 2014 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE MKT: BXE) is pleased to announce that it will transfer the listing of its common shares from NYSE MKT to the New York Stock Exchange ("NYSE"). Bellatrix expects its common shares to begin trading on the NYSE on Monday, October 6, 2014, under its current ticker symbol "BXE". The Company's common shares will continue to trade on the NYSE MKT until the transfer is complete. The Company's common shares [Read more]
Whitecap Resources Inc. Announces Closing of Previously Announced Acquisition of a Controlling Interest in a Premier Sweet Light Oil Pool
CALGARY, Oct. 1, 2014 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to announce that it has successfully completed its previously announced acquisitions to consolidate a controlling interest in a premier conventional Nisku light sweet oil pool at Elnora, Alberta located just 50 miles east of its Garrington core area (the "Acquisition"). The aggregate purchase price of the Acquisition was $266.7 million, which is net of customary closing adjustments. The [Read more]
Marquee Energy announces closing of strategic non-core asset disposition
CALGARY, Sept. 30, 2014 /CNW/ - Marquee Energy Ltd. ("Marquee" or the "Company") (TSXV: "MQL") is pleased to announce that it has completed the previously announced disposition of its non-core, gas-weighted asset located in the Pembina area of western Alberta (the "Transaction"). Consideration for the Transaction totalled approximately $14 million, with an effective date of September 1, 2014. Subsequent to the Transaction, the Company's lenders confirmed that Marquee's total credit [Read more]
Pembina Pipeline Corporation Announces Resignation of Board Member
CALGARY, Sept. 30, 2014 /CNW/ - Pembina Pipeline Corporation ("Pembina" or "the Company") (TSX: PPL; NYSE: PBA) announced today that pursuant to Thomas (Tom) W. Buchanan accepting the position of President and Chief Executive Officer of Athabasca Oil Corporation effective October 1, 2014, he has tendered his resignation from Pembina's Board of Directors (the "Board") effective immediately. "Tom, who joined Pembina's Board in 2010, has been an excellent director for the Company, investing his [Read more]
Jupiter Resources completes the acquisition of Encana’s Bighorn assets
CALGARY, Sept. 30, 2014 /CNW/ - Jupiter Resources Inc. ("Jupiter Resources") announced today that it has successfully completed the acquisition of Encana's Bighorn assets in the Alberta Deep Basin for CAD$2.0 billion (before closing adjustments). The Bighorn acquisition was originally announced on June 26, 2014. Jupiter Resources Jupiter Resources is a private oil and gas exploration and production company focused on liquids-rich natural gas properties in Western Canada. Jupiter Resources is [Read more]
CIOC Announces Continued Success of the Company’s Liquids-Rich Montney Drilling Program
CALGARY, Sept. 30, 2014 /CNW/ - Canadian International Oil Corp. ("CIOC" or the "Company") is pleased to provide an operational update on the Company's Montney activity. Recent 24-hour Montney test rates of over 3,500 boe/d at Gold Creek and 2,300 boe/d at Karr Notable drilling and completion cost achievements at Gold Creek Acquisition of an additional 25 net sections of highly prospective Montney undeveloped land CIOC continues an active drilling program in the Gold Creek and Karr [Read more]
Imperial successfully completes Kearl turnaround
First major maintenance turnaround completed with no lost-time safety incidents CALGARY, Sept. 30, 2014 /CNW/ - Imperial Oil Limited today announced the completion of a major planned maintenance turnaround at its Kearl facilities. "We would like to wholeheartedly congratulate and thank our contractors and employees for completing this major turnaround without a lost-time safety incident," said John Whelan, Imperial Production Manager, Mining. "This was our first major planned maintenance [Read more]
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