CALGARY, ALBERTA--(Marketwired - Feb. 4, 2016) - Forent Energy Ltd. ("Forent" or the "Company") (TSX VENTURE:FEN) is pleased to announce that it has signed a non-binding letter of intent with respect to a proposed plan of arrangement with Perisson Petroleum Corporation ("Perisson"). Under the plan of arrangement, each common share of Forent will be exchanged for one Perisson common share. Forent's outstanding options will be exercisable for Perisson common shares on the basis of the same [Read more]
Perisson Petroleum Corporation Announces Letter of Intent Re Proposed Business Combination
CALGARY, ALBERTA--(Marketwired - Feb. 4, 2016) - Perisson Petroleum Corporation ("Perisson" or the "Company") (CSE:POG) - Perisson is pleased to announce that it has signed a non-binding letter of intent with respect to a proposed plan of arrangement with Forent Energy Ltd. ("Forent"), an Alberta-based oil and gas exploration and development company listed on the TSX Venture Exchange (TSX VENTURE:FEN). Under the plan of arrangement, each common share of Forent will be exchanged for one Perisson [Read more]
AltaGas Ltd. 2015 Fourth Quarter and Year End Results and Conference Call February 25, 2016
CALGARY, ALBERTA--(Marketwired - Feb. 4, 2016) - AltaGas Ltd. ("AltaGas") (TSX:ALA) will release its 2015 fourth quarter and year end financial results on Thursday, February 25, 2016. A conference call and webcast will be held the same day to discuss the financial results, progress on construction projects and other corporate developments. Time: 9:00 a.m. MT (11:00 a.m. ET) Dial-in: 416-340-2219 or toll free at 1-866-225-6564 Webcast: [Read more]
Pan Orient Announces 2015 Year-End Thailand Reserves Update
CALGARY, ALBERTA--(Marketwired - Feb. 4, 2016) - Pan Orient Energy Corp. ("Pan Orient") (TSX VENTURE:POE), on behalf of Pan Orient Energy (Siam) Ltd. ("POS") announced the results of its December 31, 2015 independent reserves evaluation for Thailand on-shore Concession L53/48 where POS is the operator and has a 100% working interest. Pan Orient has a 50.01% equity interest in POS. Pan Orient completed the sale of a 49.99% equity interest in POS on February 2, 2015 and the transaction [Read more]
MEG Energy reports fourth quarter and full-year 2015 results
CALGARY, AB--(Marketwired - February 04, 2016) - MEG Energy Corp. (TSX: MEG) today reported fourth quarter and full-year 2015 operating and financial results. Highlights include: Record quarterly production volumes of 83,514 barrels per day (bpd) contributing to record annual production of 80,025 bpd, a 12% increase year-over-year, while the 2015 capital budget was significantly reduced; Record-low net and non-energy operating costs for both the fourth quarter and the full year of [Read more]
MDU Resources Reports 2015 Earnings, Initiates Guidance for 2016
BISMARCK, ND--(Marketwired - February 03, 2016) - MDU Resources Group, Inc. (NYSE: MDU) New wind facility increases utility generation capacity to 20% renewable energy Construction materials reports record earnings Sale of exploration & production assets nearing completion Pipeline and midstream reports record transportation volumes for third consecutive year Construction businesses enter 2016 with strong combined [Read more]
Suncor Energy reports fourth quarter 2015 results
CALGARY, ALBERTA--(Marketwired - Feb. 3, 2016) - Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and have been prepared in accordance with International Financial Reporting Standards (IFRS), specifically International Accounting Standard (IAS) 34 Interim Financial Reporting as issued by the International Accounting Standards Board. Production volumes are presented on a working interest basis, before royalties, unless noted otherwise. Certain [Read more]
Raging River Exploration Inc. Announces 2015 Year End Reserves and Updated 2016 Guidance
CALGARY, ALBERTA--(Marketwired - Feb. 3, 2016) - Raging River Exploration Inc. ("Raging River" or the "Company") (TSX:RRX) is pleased to present the results of the independent reserves report (the "Sproule Report") prepared by Sproule Associates Ltd. ("Sproule") as of December 31, 2015. Sproule evaluated 100% of the Company's reserves in 2015 as they have done since the Company's inception in 2012. During 2015, the Company invested $340 million (unaudited) consisting of $169 million of [Read more]
Pengrowth Energy to Release Fourth Quarter and Year End 2015 Operating and Reserve Results
CALGARY, ALBERTA--(Marketwired - Feb. 3, 2016) - Pengrowth Energy Corporation (TSX:PGF) (NYSE:PGH) today announced that it intends to release its fourth quarter and annual results for the period ending December 31, 2015 on Wednesday, February 24, following the close of equity markets. A conference call and listen only audio webcast will be held, beginning at 6:30 A.M. Mountain Time (MT) on Thursday, February 25, during which management will review Pengrowth's results and respond to questions [Read more]
Enbridge Energy Management, L.L.C. Confirms Amount of Share Distribution for Fourth Quarter 2015
HOUSTON, TX--(Marketwired - Feb 3, 2016) - Enbridge Energy Management, L.L.C. (NYSE: EEQ) ("Enbridge Management") today confirmed that its previously declared share distribution, to be paid on February 12, 2016, will consist of 3.5828 additional shares for each 100 shares of record on February 5, 2016. The distribution of additional Enbridge Management shares is based on the notional cash value of the declared distribution of $0.583 per share and the average closing price of Enbridge [Read more]
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