CALGARY, ALBERTA--(Marketwired - Jan. 5, 2016) - Groundstar Resources Limited (TSX VENTURE:GSA) (the "Company") is pleased to announce that it has closed its previously announced financing through the issuance of 4,440,000 common shares in the capital of the Company issued on a "flow-through" basis within the meaning of the Income Tax Act (Canada) (the "Flow-Through Shares") at a price of $0.05 per Flow-Through Share by way of a non-brokered private placement for total gross proceeds of [Read more]
Tourmaline Oil Corp. Achieved 2015 Exit Guidance in Late November
CALGARY, AB--(Marketwired - January 04, 2016) - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline" or the "Company") is pleased to update fourth quarter 2015 operating and financial performance. The Company has further reduced the 1H 2016 capital spending program. PRODUCTION UPDATE The Company achieved target 2015 exit guidance of 190,000-200,000 boepd (1.005 bcf/day, 27,700 bpd oil, condensate and NGLs) during the last week of November, well ahead of schedule. A significant further [Read more]
Crew Energy Announces 2016 Capital Budget Focused on Maintaining Balance Sheet Strength, Reducing Costs While Increasing Production by 28%
CALGARY, ALBERTA--(Marketwired - Jan. 4, 2016) - Crew Energy Inc. (TSX:CR) ("Crew" or the "Company") today announces that our Board of Directors has approved a 2016 capital expenditure program of $74 million structured to preserve balance sheet strength, optimize production throughput to enhance netbacks through firm transportation arrangements and focus on continued cost reductions. The capital activities planned for 2016 highlight Crew's strategy to maintain financial flexibility while [Read more]
Bonavista Energy Corporation Announces Increase to Exchangeable Share Ratio
CALGARY, ALBERTA--(Marketwired - Jan. 4, 2016) - Bonavista Energy Corporation ("Bonavista") (TSX:BNP) is pleased to announce the increase to the Exchange Ratio of its exchangeable shares from 1.39313 to 1.40050. This increase will be effective on January 15, 2016 (the "Effective Date"). The following are the details of the calculation of the Exchange Ratio: [Read more]
TC PipeLines Completes Acquisition of PNGTS Interest
HOUSTON, TEXAS--(Marketwired - Jan. 4, 2016) - TC PipeLines, LP (NYSE:TCP) today announced the closing of the previously announced acquisition of a 49.9 percent interest in Portland Natural Gas Transmission System (PNGTS) from TransCanada Corporation effective January 1, 2016. The acquisition is expected to be immediately accretive to distributable cash flow and earnings. TC PipeLines, LP is a Delaware master limited partnership with interests in seven federally regulated U.S. interstate [Read more]
Talisman Energy Inc. and Related Canadian Partnerships Announce Name Changes
CALGARY, ALBERTA--(Marketwired - Jan. 4, 2016) - We are pleased to announce that, effective January 1, 2016, the legal name of Talisman Energy Inc. has been changed to Repsol Oil & Gas Canada Inc. In addition, the following related Canadian partnerships have been renamed as follows: Previous legal name New legal name Talisman Alberta Shale Partnership Repsol Alberta Shale Partnership Talisman Wild River Partnership Repsol Wild River Partnership Talisman [Read more]
Suncor Energy offer to acquire Canadian Oil Sands Limited set to expire on Fri. January 8, 2016
CALGARY, ALBERTA--(Marketwired - Jan. 4, 2016) - Suncor Energy today urged shareholders of Canadian Oil Sands Limited ("COS") to tender their shares to Suncor's offer before it expires at 6:00 p.m. MT (8:00 p.m. ET) on Fri. January 8, 2016 and recommended that shareholders get instructions to brokers immediately to ensure that they are processed in time as certain brokers and intermediaries will have tender deadlines on Tuesday or Wednesday of this week. As announced on October 5, 2015, [Read more]
Tidewater Midstream and Infrastructure Ltd. Announces Strategic Acquisition
CALGARY, AB--(Marketwired - January 04, 2016) - Tidewater Midstream and Infrastructure Ltd. ("Tidewater" or the "Corporation") (TSX VENTURE: TWM) is pleased to announce that it has closed an acquisition agreement with a Vendor (the "Vendor") and acquired 100% working interests in three deep cut gas processing/natural gas liquids extraction facilities with total aggregate capacity of 142 Mmcf/day of gas processing/NGL extraction capability, plus a 100% working interest in approximately 250km of [Read more]
Artisan Energy Announces Management and Director Change
CALGARY, ALBERTA--(Marketwired - Jan. 4, 2016) - Artisan Energy Corporation ("Artisan" or the "Corporation") (TSX VENTURE:AEC), announces that effective immediately, Mr. Rick Ironside has resigned as President and CEO, and from the Board of Directors of the Corporation, in order to pursue other opportunities. On behalf of the Board of Directors, we wish Mr. Ironside success with his new endeavours. Artisan is pleased to announce that Mr. Rick Young has been appointed as Interim President [Read more]
TransCanada Provides Dividend Rate Notice For Series 5 and 6 Preferred Shares
CALGARY, ALBERTA--(Marketwired - Dec. 31, 2015) - TransCanada Corporation (TSX:TRP)(NYSE:TRP) (TransCanada) announced today that it has notified the registered shareholder of the applicable dividend rates for Cumulative Redeemable First Preferred Shares, Series 5 (Series 5 Shares) and the Cumulative Redeemable First Preferred Shares, Series 6 (Series 6 Shares). The rates were calculated today, in accordance with the process defined in the prospectus supplement dated June 17, 2010. As [Read more]
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