CALGARY, ALBERTA--(Marketwired - Oct. 29, 2015) - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) ("Bonterra" or "the Company") is pleased to provide a corporate update with regard to its credit facilities, maintaining its $0.15 monthly dividend per common share and its sustainability analysis during this period of continued low commodity prices. Credit Facilities Maintained The Company's lenders have completed their mid-year review and have agreed to maintain the credit [Read more]
Pengrowth Receives Continued Listing Standard Notification from the New York Stock Exchange Regarding the Price of Its Common Stock
CALGARY, ALBERTA--(Marketwired - Oct. 29, 2015) - Pengrowth Energy Corporation (TSX:PGF) (NYSE:PGH) today announced that it received notification on October 29, 2015 from the New York Stock Exchange (NYSE) that Pengrowth is no longer in compliance with one of the NYSE's continued listing standards resulting from the average closing price of Pengrowth's common stock being less than US$1.00 per share over a consecutive 30 trading-day period. As of October 28, 2015, the average closing price of [Read more]
Traverse Energy Ltd. Closes Private Placement Financing
CALGARY, ALBERTA--(Marketwired - Oct. 29, 2015) - Traverse Energy Ltd. (the "Corporation") (TSX VENTURE:TVL) is pleased to announce that it has successfully closed its previously announced non-brokered private placement (the "Private Placement") of common shares of the Corporation ("Shares") issued on a "flow through" basis eligible for the renunciation of Canadian development expenses within the meaning of the Income Tax Act (Canada). The Corporation issued 1,168,000 Shares for gross proceeds [Read more]
Midcoast Energy Partners, L.P. Declares Distribution Increase and Reports Earnings for Third Quarter 2015
HOUSTON, TX--(Marketwired - Oct 29, 2015) - Midcoast Energy Partners, L.P. (NYSE: MEP) THIRD QUARTER HIGHLIGHTS Reported third quarter adjusted EBITDA and distributable cash flow of $28.6 and $18.9 million, respectively; distribution coverage of 1.15x. Solid year-to-date financial performance. Expect to achieve the top-end of previously communicated full year 2015 adjusted EBITDA and distributable cash flow [Read more]
Canadian Oil Sands Reports Over $1 Billion of Cost Savings Achieved at Syncrude Year to Date
CALGARY, AB--(Marketwired - October 29, 2015) - All financial figures are unaudited, have been prepared in accordance with Canadian Generally Accepted Accounting Principles ("GAAP") and are reported in Canadian dollars, unless otherwise noted.Canadian Oil Sands Limited (TSX: COS) (OTCQX: COSWF) ("COS") reported cash flow from operations of $82 million, or $0.17 per Share, in the third quarter, reflecting a 41 percent decline in our realized selling price and reduced production volumes, offset [Read more]
Crescent Point Energy Announces Third Quarter 2015 Conference Call
CALGARY, ALBERTA--(Marketwired - Oct. 29, 2015) - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) plans to report its third quarter 2015 financial and operating results via news release prior to the opening of markets on Thursday, November 5, 2015. Crescent Point management will host a conference call at 10:00 a.m. MT (12:00 p.m. ET) on November 5, 2015, to discuss the results and outlook for the Company. Participants can access the conference call by [Read more]
Prince Rupert Gas Transmission Signs Project Agreement with Blueberry River First Nations
FORT ST. JOHN, BRITISH COLUMBIA--(Marketwired - Oct. 29, 2015) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced that its Prince Rupert Gas Transmission project (PRGT) has signed a project agreement with the Blueberry River First Nations, a Treaty 8 First Nation. The agreement outlines financial and other benefits and commitments that will be provided for as long as the project is in service. "Achieving this agreement with Blueberry River First Nations is [Read more]
Junex Comments on the Anticosti Economic Assessment Released by the Quebec Government
QUEBEC CITY, QUEBEC--(Marketwired - Oct. 29, 2015) - Junex Inc. (TSX VENTURE:JNX) ("Junex" or the "Company") views the conclusions of the Economic Assessment Evaluation disclosed this morning by the Quebec Ministry of Energy and Natural Resources regarding the Macasty Shale on Anticosti Island as being favorable. This analysis is part of a number of Studies yesterday in the context of the Strategic Environmental Assessment ( " SEA ") currently in progress on the oil and gas exploration on [Read more]
AltaGas Ltd. Reports Third Quarter Results; Signs Definitive Project Agreement for Canadian West Coast Propane Export Site
CALGARY, ALBERTA--(Marketwired - Oct. 29, 2015) - AltaGas Ltd. (TSX:ALA) - Highlights 28 percent increase in normalized FFO, 19 percent increase in FFO per share; 19 percent increase in normalized EBITDA; Signed definitive project agreement for a propane export site in British Columbia; Announced US$642 million acquisition of 523 MW U.S. natural gas-fired generation facilities; Safely commissioned McLymont [Read more]
AltaGas Ltd. Announces the Appointment of Two New Independent Directors and New Lead Director
CALGARY, ALBERTA--(Marketwired - Oct. 29, 2015) - The Board of Directors of AltaGas Ltd. (AltaGas) (TSX:ALA) today announced that Victoria A. Calvert, Professor of Entrepreneurship and International Business at the Bissett School of Business at Mount Royal University (MRU), and Phillip R. Knoll, Professional Engineer and the President of Knoll Energy Inc., have been appointed to AltaGas' Board of Directors effective November 1, 2015. "Ms. Calvert and Mr. Knoll are experienced leaders in [Read more]
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