CALGARY, ALBERTA--(Marketwired - Nov. 17, 2016) - Suncor released its 2017 corporate guidance today which includes a capital spending program of between $4.8 billion and $5.2 billion and average production of 680,000 to 720,000 barrels of oil equivalent per day (boe/d). The midpoints of these ranges represent a year over year increase to production of more than 13 per cent and a reduction to capital spending of approximately $1 billion even with a full year of increased Syncrude [Read more]
Strategic Oil & Gas Ltd. Announces Third Quarter 2016 Financial and Operating Results
CALGARY, ALBERTA--(Marketwired - Nov. 17, 2016) - Strategic Oil & Gas Ltd. ("Strategic" or the "Company") (TSX VENTURE:SOG) is pleased to report financial and operating results for the three and nine months ended September 30, 2016. FINANCIAL AND OPERATIONAL SUMMARY Three months ended September 30 Nine months ended September 30 Financial ($thousands, except per share amounts) 2016 2015 % change 2016 2015 % change Oil and natural gas [Read more]
Chinook Energy Announces Mailing of Meeting Materials for Special Meeting of Shareholders
CALGARY, ALBERTA--(Marketwired - Nov. 16, 2016) - NOT FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS. Chinook Energy Inc. (TSX:CKE) ("Chinook" or the "Company") is pleased to announce that it has mailed an information circular and proxy statement and related meeting materials (collectively, the "Meeting Materials") in connection with the special meeting of the shareholders of Chinook [Read more]
TransCanada Closes $3.5 Billion Common Share Offering
CALGARY, ALBERTA--(Marketwired - Nov. 16, 2016) - News Release – TransCanada Corporation (TSX:TRP)(NYSE:TRP) (TransCanada) today announced that it has completed its public offering of Common Shares. The Offering was announced on November 1, 2016 when TransCanada entered into an agreement with a syndicate of underwriters led by TD Securities, BMO Capital Markets and RBC Capital Markets under which they agreed to purchase from TransCanada and sell to the public 60,225,000 Common Shares which [Read more]
Tidewater Midstream and Infrastructure Ltd. Announces Strategic Core-Area Acquisition
CALGARY, AB --(Marketwired - November 16, 2016) - Tidewater Midstream and Infrastructure Ltd. ("Tidewater" or the "Corporation") (TSX VENTURE: TWM) is pleased to announce that it has entered into an acquisition agreement with an arm's length vendor (the "Vendor") to acquire an approximate 50% working interest in 150 km of gas gathering pipelines which are directly connected to Tidewater's existing Brazeau River Complex (the "BRC"), in addition to three proven natural gas storage reservoirs that [Read more]
Pengrowth Announces Proposed Amendments to Convertible Debentures
CALGARY, ALBERTA--(Marketwired - Nov. 15, 2016) - Pengrowth Energy Corporation (TSX:PGF)(NYSE:PGH) ("Pengrowth" or the "Company") announces the calling of a meeting of the holders (the "Debentureholders") of its 6.25% convertible unsecured subordinated debentures due March 31, 2017 ("the Debentures") to amend certain terms of the outstanding Debentures. Pengrowth has been focused on improving its balance sheet and has taken steps to bolster its cash position in 2016 in anticipation of the [Read more]
Suncor Energy announces Michael Creel to join Board of Directors
CALGARY, ALBERTA--(Marketwired - Nov. 15, 2016) - Suncor today announced the appointment of Michael Creel to the company's board of directors. Mr. Creel's appointment is effective January 1, 2017. "I'm pleased to welcome Michael Creel to the Suncor board of directors," said Suncor board chair, Jim Simpson. "Along with deep business and financial acumen, he brings significant experience in finance, operations, and integrating companies after mergers and acquisitions. On behalf of the entire [Read more]
Storm Resources Ltd. (“Storm” or the “Company”) is Pleased to Announce Its Financial and Operating Results for the Three and Nine Months Ended September 30, 2016
CALGARY, ALBERTA--(Marketwired - Nov. 15, 2016) - Storm Resources Ltd. (TSX VENTURE:SRX) - Storm has filed its unaudited condensed interim consolidated financial statements as at September 30, 2016 and for the three and nine months then ended along with Management's Discussion and Analysis ("MD&A") for the same period. This information appears on SEDAR at www.sedar.com and on Storm's website at www.stormresourcesltd.com. Selected financial and operating information for the three and [Read more]
ShaMaran Q3 2016 Financial and Operating Results
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 15, 2016) - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) is pleased to announce its financial and operating results for the nine months ended September 30, 2016. Unless otherwise stated all currency amounts indicated as "$" in this news release are expressed in thousands of United States dollars. On November 7, 2016 the Assignment, Novation and Fourth Amendment Agreement to the PSC (the "4th PSC Amendment") [Read more]
RMP Energy Announces Closing of Strategic Ante Creek Asset Disposition
CALGARY, ALBERTA--(Marketwired - Nov. 15, 2016) - RMP Energy Inc. ("RMP" or the "Company") (TSX:RMP) is pleased to announce that it has closed its previously-announced disposition of its crude oil and natural gas interests in the Ante Creek area of West Central Alberta for cash consideration of $114.3 million, before normal and customary closing adjustments (the "Ante Creek Disposition"). The effective date of the Ante Creek Disposition is September 1, 2016 and the net cash proceeds received at [Read more]
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