DALLAS, TX--(Marketwired - April 07, 2016) - Primoris Services Corporation (NASDAQ: PRIM)("Primoris" or "Company") today announced that Thomas E. McCormick has been hired as its Chief Operating Officer, reporting to David King, President and Chief Executive Officer.Mr. McCormick, 54, has extensive Engineering & Construction industry experience in projects for many energy-related end markets, including pipelines, refining, petrochemicals, gas processing, LNG, oil sands and industrial [Read more]
AltaGas Ltd. Closes $350 Million Medium-Term Note Offering
CALGARY, ALBERTA--(Marketwired - April 7, 2016) - AltaGas Ltd. ("AltaGas") (TSX:ALA) today announced that it has completed its $350 million issue of senior unsecured medium-term notes (the "Offering"). The notes carry a coupon rate of 4.12% and mature on April 7, 2026. The net proceeds resulting from the Offering will be used to pay down existing indebtedness including, without limitation, indebtedness under AltaGas' credit facility, and for general corporate purposes. The Offering was [Read more]
Marquee Energy Ltd. Announces Fourth Quarter 2015 and Fiscal 2015 Financial and Operating Results and Significant Increase in 2015 Reserves
CALGARY, AB--(Marketwired - April 07, 2016) - Marquee Energy Ltd. ("Marquee" or the "Company") (TSX VENTURE: MQL) announces its fourth quarter operational results and financial results for the three and twelve months ended December 31, 2015. The Company's financial statements and Management's Discussion and Analysis ("MD&A") for the three months and twelve months ended December 31, 2015 are available on SEDAR at www.sedar.com and on Marquee's website at www.marquee-energy.com. 2015 [Read more]
Blackbird Energy Inc. Executes Letter of Intent for the Transportation and Processing of Its Condensate-Rich Elmworth Natural Gas and Moves to Become a Canadian Producer
CALGARY, ALBERTA--(Marketwired - April 6, 2016) - Blackbird Energy Inc. ("Blackbird") (TSX VENTURE:BBI) is pleased to follow up its recent acquisition of firm sales gas takeaway in the Alliance pipeline system to the Chicago gas market by executing a Letter of Intent ("LOI") with a third party for the transportation and processing of sour natural gas produced from its condensate-rich Elmworth project. This critical step of establishing transportation and processing evolves Blackbird from an [Read more]
Jericho Oil Arranges Private Placement
VANCOUVER, BC--(Marketwired - April 05, 2016) - Jericho Oil Corporation ("Jericho") (TSX VENTURE: JCO) (OTC PINK: JROOF) is proceeding with a non-brokered private placement (the "Offering") of approximately 1,625,000 units at a price of C$0.40 per unit to raise total gross proceeds of approximately $650,000. Each unit will be comprised of one common share (a "Share") and one half warrant (a "Warrant") with each full Warrant being exercisable into one additional Share at a price of $0.60 per [Read more]
Hawk Exploration Ltd. Announces Plan to Seek Value Maximizing Proposals
CALGARY, ALBERTA--(Marketwired - April 5, 2016) - Hawk Exploration Ltd. (the "Corporation" or "Hawk") (TSX VENTURE:HWK.A) announces that its Board of Directors has determined that it is timely, prudent and in the best interests of shareholders to initiate a formal process to seek value maximizing proposals with a view to enhancing shareholder value which may result in a corporate sale or a material asset sale transaction. The Board of Directors will work with management and the Corporation's [Read more]
Tourmaline Oil Corp. Announces Closing of Bought Deal Financing Including Exercise in Full of Over-Allotment Option
CALGARY, ALBERTA--(Marketwired - April 5, 2016) - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to announce that it has closed its public offering of 10,350,000 common shares at a price of $27.11 per share, which includes 1,350,000 common shares issued pursuant to the exercise in full of the over-allotment option, for gross proceeds of approximately $280.6 million. Concurrent with the closing of the public offering, certain directors, officers and employees of the [Read more]
AltaGas Ltd. Announces $350 Million Medium-Term Note Offering
CALGARY, ALBERTA--(Marketwired - April 4, 2016) - AltaGas Ltd. ("AltaGas") (TSX:ALA) today announced that it has agreed to issue $350 million senior unsecured medium-term notes (the "Offering"). The notes carry a coupon rate of 4.12% and mature on April 7, 2026. The Offering is expected to close on or about April 7, 2016. The net proceeds resulting from the Offering will be used to pay down existing indebtedness and for general corporate purposes. The Offering is being made through a [Read more]
KBR Announces Executive Appointment
HOUSTON, TX--(Marketwired - April 04, 2016) - KBR, Inc. (NYSE: KBR) announced today Greg Conlon will be joining KBR's Executive Leadership Team as President, Engineering & Construction (E&C), Asia-Pacific (APAC). Mr. Conlon has over 25 years' experience in the E&C business, with global experience across a range of subsectors from hydrocarbons to specialist infrastructure. He brings a diverse international background, broad experience across KBR's E&C markets, and a track record of business [Read more]
FluidOil Completes Acquisition of Ivanhoe Energy
LONDON, UNITED KINGDOM--(Marketwired - Apr 4, 2016) - FluidOil Limited ("FluidOil"), a provider of oil upgrading technology solutions, has completed the acquisition of the intellectual property of Vancouver, Canada-based Ivanhoe Energy Inc. ("Ivanhoe Energy") as well as the acquistion of its Texas, USA-based subsidiary Ivanhoe Energy Holdings Inc. Ivanhoe Energy was recognised as an international leader in heavy oil development and production with core operations in Canada, Ecuador, China and [Read more]
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