CALGARY, ALBERTA--(Marketwired - Nov. 6, 2015) - Baytex Energy Corp. ("Baytex") (TSX:BTE)(NYSE:BTE) reports its operating and financial results for the three and nine months ended September 30, 2015 (all amounts are in Canadian dollars unless otherwise noted). "During the third quarter, we continued to position our company to withstand the current low commodity price environment. Consistent with our revised plans for 2015, we moved forward with a slower pace of development in the Eagle [Read more]
TC PipeLines, LP Announces 2015 Third Quarter Financial Results
HOUSTON, TEXAS--(Marketwired - Nov. 6, 2015) - TC PipeLines, LP (NYSE:TCP) (the Partnership) today reported third quarter 2015 distributable cash flow of $68 million and net income attributable to controlling interests of $49 million. "We are very pleased to announce that the Partnership has agreed to acquire a 49.9 percent interest in Portland Natural Gas Transmission System from TransCanada. The pipeline system is strategically located in the northeastern United States and serves New [Read more]
TransCanada Agrees to Sell a 49.9 percent Interest in PNGTS to TC PipeLines, LP
CALGARY, ALBERTA--(Marketwired - Nov. 6, 2015) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced it has entered into an agreement to sell a 49.9 percent interest in Portland Natural Gas Limited Partnership (PNGTS) to its master limited partnership, TC PipeLines, LP (NYSE:TCP), for a purchase price of US$223 million. The sale is expected to close at the end of 2015, upon satisfaction of closing conditions. "The PNGTS transaction is a continuation of our [Read more]
Marathon Oil Guts Capital Spending Plans as Losses Widen in Third-Quarter 2015, Despite Growth in Eagle Ford, Other U.S. Shales, an Industrial Info News Alert
SUGAR LAND, TX--(Marketwired - Nov 6, 2015) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Finding rosy lenses unfashionable, executives at oil and gas giant Marathon Oil Company (NYSE:MRO) (Houston, Texas) acknowledged that oil prices likely will remain low for a "longer period of time" in a presentation accompanying third-quarter 2015 results. The company's capital-spending plan for 2016 is now expected to be 29% lower than the plan for 2015, although operational [Read more]
Sanchez Energy Announces Participation in Upcoming Conferences
HOUSTON, TX--(Marketwired - November 05, 2015) - Sanchez Energy Corporation (NYSE: SN) (the "Company") announced that Company executives plan to present at the following conferences during the fourth quarter of 2015. November 10 Stephens Investment Conference New York, NYNovember 11 Jefferies Energy Conference Houston, TXDecember 2 ITG Energy Conference Houston, TXDecember 8 Capital One Energy Conference New Orleans, LAThe presentation material used at these conferences will be made [Read more]
Canadian Oil Sands Will Defend Shareholders from Substantially Undervalued, Opportunistic and Exploitive Suncor Bid
CALGARY, ALBERTA--(Marketwired - Nov. 5, 2015) - Canadian Oil Sands Limited (TSX:COS)(OTCQX:COSWF) ("COS" or "Canadian Oil Sands") announces it will continue to defend shareholders and the protections put in place in its Shareholder Rights Plan in response to Suncor Energy Inc.'s ("Suncor") hostile take-over bid. In light of the imbalance of information between Suncor on the one hand and COS shareholders and other potential bidders on the other, the Shareholder Rights Plan provides the Board [Read more]
Eagle Energy Trust Releases Third Quarter Results, Maintains 2015 Guidance and Announces Director Retirement
CALGARY, ALBERTA--(Marketwired - Nov. 5, 2015) - Eagle Energy Trust ("Eagle" or the "Trust") (TSX:EGL.UN) is pleased to present its financial and operating results for the third quarter of 2015, as well as report on other business. "Eagle exited the third quarter of 2015 dedicated to the continued health of its balance sheet and the improved efficiency of the overall business," said Richard Clark, Eagle's President and Chief Executive Officer. "We remain focused on maintaining our production [Read more]
Parkland Fuel Corporation Reports Strong Third Quarter 2015 Results
RED DEER, AB--(Marketwired - November 05, 2015) - Parkland Fuel Corporation ("Parkland" or the "Corporation") (TSX: PKI), one of North America's fastest growing distributors and marketers of fuels and lubricants, today announced the financial and operating results for the three and nine months ended September 30, 2015. All financial figures are expressed in Canadian dollars."Parkland delivered another strong quarter despite a tough economic environment in the western Canada and the US Bakken [Read more]
Suncor Energy informed by Alberta Securities Commission regarding hearing date for challenge of Canadian Oil Sands’ new shareholder rights plan
CALGARY, ALBERTA--(Marketwired - Nov. 5, 2015) - Suncor Energy Inc. ("Suncor") has been informed that the Alberta Securities Commission ("ASC") will hold a hearing on November 26, 2015. The purpose of the hearing is to consider the new shareholder rights plan adopted by the Canadian Oil Sands Limited ("COS" TSX Symbol "COS") board of directors on October 6, 2015 in response to Suncor's offer to acquire all of the outstanding shares of COS made to COS shareholders on October 5, 2015. The hearing [Read more]
Stonehaven Reports Director and Officer Appointment
CALGARY, AB--(Marketwired - November 05, 2015) - Stonehaven Exploration Ltd. ("Stonehaven" or the "Company") (TSX VENTURE: SE) reports that Mr. Gordon Mayr, P.Eng. has been appointed a director and the Chief Operating Officer of the Company. Mr. Mayr is a professional petroleum engineer with over 20 years of oil and gas experience. Mr. Ken Stephenson has resigned as a director of the Company for personal reasons, effective immediately. Stonehaven thanks Mr. Stephenson for his contributions to [Read more]
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