CALGARY, ALBERTA--(Marketwired - Feb. 1, 2016) - Pan Orient Energy Corp. ("Pan Orient" or the "Corporation") (TSX VENTURE:POE) is pleased to announce that it received shareholder approval today to reduce the stated capital of its common shares by $0.40 per share. Over 97% of the votes cast were in favor of the required special resolution. Shareholder approval allowed Pan Orient's directors to declare a cash distribution of $0.40 per share on each outstanding common share. The distribution will [Read more]
Bonavista Energy Corporation Announces Increase to Exchangeable Share Ratio
CALGARY, ALBERTA--(Marketwired - Feb. 1, 2016) - Bonavista Energy Corporation ("Bonavista") (TSX:BNP) is pleased to announce the increase to the Exchange Ratio of its exchangeable shares from 1.40050 to 1.40915. This increase will be effective on February 16, 2016 (the "Effective Date"). The following are the details of the calculation of the Exchange Ratio: [Read more]
Long Run Exploration Ltd. Announces Amendments to Credit Facilities and Related Arrangement Agreement Amendments
CALGARY, ALBERTA--(Marketwired - Feb. 1, 2016) - Long Run Exploration Ltd. ("Long Run" or the "Company") (TSX:LRE) is pleased to announce that it has successfully entered into an amending credit facilities agreement with its bank syndicate. This is a significant milestone towards the completion of the plan of arrangement announced on December 21, 2015 (the "Arrangement"). As a next step in this process, Long Run expects to mail an information circular to its securityholders in early February in [Read more]
TransCanada Lists Series 6 Preferred Shares
CALGARY, ALBERTA--(Marketwired - Feb. 1, 2016) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada or the Corporation) announced today that 1,285,739 of its 14,000,000 fixed rate Cumulative Redeemable First Preferred Shares, Series 5 (Series 5 Shares) were tendered for conversion today, on a one-for-one basis, into floating rate Cumulative Redeemable First Preferred Shares, Series 6 (Series 6 Shares). As a result of the conversion, TransCanada has 12,714,261 Series 5 Shares and 1,285,739 [Read more]
Bonterra Energy Corp. Confirms Cash Dividend for January 2016 Payable February 29, 2016
CALGARY, ALBERTA--(Marketwired - Feb. 1, 2016) - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) announces that the January 2016 monthly cash dividend will be $0.10 per share and will be paid on February 29, 2016. The record date for the dividend is February 16, 2016 and the ex-dividend date is February 11, 2016. The dividend is paid monthly and is subject to commodity prices and production levels. The dividend is considered an "eligible dividend" for tax [Read more]
A Tale of Two Energy Companies: Chevron Sinks Into Fourth-Quarter 2015 Loss, Phillips 66 Earnings Fall on Midstream Woes, an Industrial Info News Alert
SUGAR LAND, TX--(Marketwired - Feb 1, 2016) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Stung by the drop in crude prices, global oil and gas giant Chevron Corporation (NYSE:CVX)(San Ramon, California) reported a net loss of $588 million for fourth-quarter 2015, compared with $3.5 billion in net earnings a year earlier. Industrial Info is tracking 180 active Chevron projects worth $139.72 billion. Within this article: Details of projects by Chevron Corporation [Read more]
Striker Exploration Corp. Announces Granting of Stock Options
CALGARY, ALBERTA--(Marketwired - Jan. 29, 2016) - Striker Exploration Corp. (TSX VENTURE:SKX) ("Striker" or the "Company") announces that it has granted stock options ("Options") to acquire 635,000 common shares of the Company ("Common Shares") pursuant to its stock option plan, 560,000 of which were granted to the directors and officers of Striker. The Options vest over three years (1/3 on each of the first, second and third anniversary of the grant date) and are exercisable at a price of $1.28 [Read more]
Canadian Spirit Resources Inc. Announces Market-Making Arrangement
CALGARY, ALBERTA--(Marketwired - Jan. 29, 2016) - Canadian Spirit Resources Inc. ("CSRI" or the "Corporation") (TSX VENTURE:SPI)(OTCBB:CSPUF) is pleased to announce that it has retained D&D Securities Inc. ("D&D") of Toronto, Ontario to provide market-making services. The market-making services will be undertaken by D&D in compliance with the guidelines of the TSX Venture Exchange. Under the terms of the agreement, CSRI will pay D&D a monthly fee of $5,000 plus applicable [Read more]
TransCanada Files for ANR Pipeline Rate Revision
HOUSTON, TEXAS--(Marketwired - Jan. 29, 2016) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced that its ANR Pipeline Company (ANR) submitted a filing with the Federal Energy Regulatory Commission (FERC) under Section 4 of the Natural Gas Act (NGA) seeking to revise base rates. The proposal responds to the significant changes that have occurred over the last few years in natural gas supply, demand and transportation in North America. "ANR continues to be a critical [Read more]
Enbridge Energy Partners, L.P. Declares Distribution for Fourth Quarter 2015
HOUSTON, TX--(Marketwired - Jan 29, 2016) - Enbridge Energy Partners, L.P. (NYSE: EEP) ("Enbridge Partners") announced today that the board of directors of its general partner has declared a quarterly cash distribution of $0.583 per unit, or $2.332 per unit on an annualized basis on all of its outstanding units for the quarter ended December 31, 2015. The approved distribution remains unchanged from the previous quarter and represents an increase of 2.3 percent over the fourth quarter [Read more]
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