CALGARY, ALBERTA--(Marketwired - May 9, 2016) - Inter Pipeline Ltd. ("Inter Pipeline") (TSX:IPL) announced today strong financial and operating results for the three month period ended March 31, 2016. First Quarter Highlights Generated funds from operations (FFO)* of $186 million, a five percent increase over first quarter 2015 FFO for the bulk liquid storage business segment set a new record of $31 million, an increase of 53 percent compared to the first quarter 2015 Net income [Read more]
Suncor Energy provides RMWB operations update
CALGARY, ALBERTA--(Marketwired - May 8, 2016) - Suncor provides the following update regarding the situation in the Regional Municipality of Wood Buffalo (RMWB). Suncor safely moved over 10,000 people, including employees, their families and Fort McMurray residents, out of the region; shut down its RMWB operations in a controlled manner to facilitate a quick and reliable start-up and worked with government to enhance fire protection measures in the region, including building firebreaks to [Read more]
Athabasca Oil Corporation Reports 2016 First Quarter Results and Director Appointment
CALGARY, ALBERTA--(Marketwired - May 6, 2016) - Athabasca Oil Corporation (TSX:ATH) ("Athabasca" or "the Company") is pleased to provide its 2016 first quarter results and an operations update. The Company continues to advance significant strategic and operational milestones in both its Light Oil and Thermal Oil divisions despite exceptionally challenging external market conditions. Q1 2016 operating and financial highlights - Corporate production averaged 13,348 boe/d (76% liquids), an [Read more]
Canadian Natural Resources Limited Announces Details of the PrairieSky Plan of Arrangement
CALGARY, ALBERTA--(Marketwired - May 6, 2016) - Canadian Natural Resources Limited (TSX:CNQ) (NYSE:CNQ) ("Canadian Natural" or the "Company") announces the details of the plan of arrangement (the "Arrangement") and the proposed timing of the process. Under the Arrangement, shareholders of Canadian Natural will receive 0.02 of a common share of PrairieSky Royalty Ltd. ("PSK") for each Canadian Natural common share, or a cash equivalent, depending on number of shares owned. An Interim Order has [Read more]
Marksmen Announces First Closing of Private Placement
CALGARY, ALBERTA--(Marketwired - May 6, 2016) - Marksmen Energy Inc. ("Marksmen" or the "Company") (TSX VENTURE:MAH) (OTCQB:MKSEF) is pleased to announce that it has completed the first closing of its previously announced non-brokered private placement for 11,669,280 common shares (the "Common Shares") of Marksmen at a price of $0.05 per share for aggregate gross proceeds of $583,464 (the "Private Placement"). Marksmen did not pay any commissions in connection with the first closing of the [Read more]
Trilogy Energy Corp. Announces Director Election Results From Its 2016 Annual Meeting of Shareholders
CALGARY, ALBERTA--(Marketwired - May 6, 2016) - Trilogy Energy Corp. ("Trilogy") (TSX:TET) announces that at its annual meeting of shareholders held on May 5, 2016, the following eight director nominees were elected: NOMINEE VOTES FOR VOTES WITHHELD Number Percent (%) [Read more]
Suncor Energy provides RMWB operations update
CALGARY, ALBERTA--(Marketwired - May 5, 2016) - Suncor provides the following update regarding its response to the situation in the Regional Municipality of Wood Buffalo (RMWB). The safe transport of Fort McMurray residents out of the region continues. There is no damage to any of the Suncor assets or operations in the Fort McMurray region and as an additional precaution, we have enhanced the fire mitigation and protection around our operating facilities. Suncor has, in a planned and [Read more]
Bonavista Energy Corporation Reports on Voting From Shareholders Meeting
CALGARY, ALBERTA--(Marketwired - May 5, 2016) - Bonavista Energy Corporation (TSX:BNP) ("Bonavista") announces that all matters presented for approval at the annual meeting of shareholders held today have been fully authorized and approved. A total of 128,234,469 votes, representing 59.00% of total votes entitled to vote at the meeting, were voted in connection with the matters considered at the meeting. At the meeting, all of the nominees proposed as directors were duly elected as [Read more]
Eagle Energy Inc. Announces First Quarter 2016 Results
CALGARY, ALBERTA--(Marketwired - May 5, 2016) - Eagle Energy Inc. (TSX:EGL) ("Eagle") is pleased to report its financial and operating results for the first quarter ended March 31, 2016. "Eagle reported an approximate 30% increase in sales volumes when compared to the first quarter of the previous year due to our August 2015 acquisition in Twining and our January 2016 acquisition of Maple Leaf Royalties Corp.," said President and Chief Executive Officer, Richard Clark. Mr. Clark added, [Read more]
Athabasca Oil Corporation Shuts Down Hangingstone Due to Forest Fires
CALGARY, ALBERTA--(Marketwired - May 5, 2016) - Athabasca Oil Corporation (TSX:ATH) ("Athabasca" or the "Company") has decided, in response to the elevated risk from the ongoing regional wildfires, to shut down the Hangingstone Project and evacuate all personnel. Over the past 24 hours, the Fort McMurray fire has advanced to the south and south east of the city. The fire front is estimated to be within 5 kilometers of the Hangingstone site. The Company safely evacuated all non-essential [Read more]
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