CALGARY, ALBERTA--(Marketwired - Oct. 8, 2015) - Delphi Energy Corp. (TSX:DEE) ("Delphi" or the "Company") is pleased to provide the following operational update. Delphi continues to improve upon its superior capital efficiencies at Bigstone through successful innovation of its slickwater frac design, resulting in both material cost savings and improved well productivity. Delphi's 100 percent working interest 14-30-60-22W5M Montney well ("14-30" or "the well") was drilled in [Read more]
TransCanada Enters Agreement to Acquire Ironwood Power Plant
CALGARY, ALBERTA--(Marketwired - Oct. 8, 2015) - TransCanada Corporation (TSX:TRP)(NYSE:TRP) (TransCanada) today announced that it has reached an agreement to acquire the Ironwood natural gas fired, combined cycle power plant in Lebanon, Pennsylvania, with a nameplate capacity of 778 megawatts (MW), from Talen Energy Corporation (NYSE:TLN) for US$654 million. At closing, US$42 million in debt will be assumed and then repaid within 45 days of closing out of funds placed into escrow by the seller. [Read more]
Encana Reaches Agreement to Sell Its DJ Basin Assets for US$900 Million
CALGARY, AB--(Marketwired - October 08, 2015) - Encana Corporation (Encana) (TSX: ECA)(NYSE: ECA) announced today that its wholly-owned subsidiary, Encana Oil & Gas (USA) Inc., has reached an agreement to sell its Denver Julesburg (DJ) Basin assets in Colorado to a new entity 95 percent owned by Canada Pension Plan Investment Board and 5 percent by The Broe Group. Total consideration to Encana under the transaction is approximately $900 million.Encana will use the cash proceeds to further [Read more]
MEG Energy’s Board of Directors approves new Board appointment
CALGARY, AB--(Marketwired - October 07, 2015) - MEG Energy Corp. (TSX: MEG) announced today the appointment of Diana McQueen to its board of directors. Ms. McQueen brings energy and environmental public policy experience from regional, provincial and international levels, in addition to entrepreneurial experience in operating an independent business. In public service, Ms. McQueen has held various Alberta provincial cabinet roles from 2011 to 2015, including Minister of Energy, Minister of [Read more]
TSX Defers Consideration of Canadian Oil Sands New Shareholder Rights Plan
CALGARY, AB--(Marketwired - October 07, 2015) - (TSX: COS) -- Canadian Oil Sands Limited ("Canadian Oil Sands") announces that it has been notified by the Toronto Stock Exchange (TSX) that the TSX will defer consideration of the acceptance of Canadian Oil Sands' new shareholder rights plan (the "New Rights Plan") until the TSX is satisfied that the appropriate securities commission will not intervene pursuant to National Policy 62-202 - Take-Over Bids - Defensive Tactics. The New Rights Plan [Read more]
Terrible Herbst, Inc. Replacing Existing POS System With Gilbarco’s Passport at 108 Sites
GREENSBORO, NC--(Marketwired - October 07, 2015) - Gilbarco Veeder-Root announced today that Terrible Herbst, Inc. will be replacing their existing POS systems at all 108 stores with Passport® POS system and Impulse™ upselling platform. The Las Vegas-based convenience store company places an emphasis on creative marketing, and Gilbarco offers the technology to support those marketing initiatives within their desired timeline. Terrible Herbst selected the Gilbarco suite for its reliability, [Read more]
Offsetters Announces Results of Annual General Meeting and Intention to Rename Parent Company
VANCOUVER, BC--(Marketwired - October 07, 2015) - Offsetters Climate Solutions Inc. (the "Company") (TSX VENTURE: COO) (FRANKFURT: 9EA) is pleased to announce the results of its Annual General Meeting of Shareholders ("AGM") held on the 6th of October, 2015 in Vancouver. The shareholders have re-elected management's proposed slate of eight directors and set the number of directors at nine individuals. Davidson and Company was reappointed as Company auditor for the forthcoming year while [Read more]
ATCO Wins $470 Million Contract With BC Hydro
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 7, 2015) - Editor's Note: There are five images associated with this release. ATCO Two Rivers Lodging Group, a subsidiary of ATCO Structures & Logistics (ATCO), has won an eight-year, $470 million contract with BC Hydro to design, manufacture, install and operate a workforce housing facility for the Site C Clean Energy Project on the Peace River in northeast British Columbia. "We are pleased to work with BC Hydro to [Read more]
Energy Industry Leaders Mobilize Executive Task Force
CALGARY, ALBERTA--(Marketwired - Oct. 7, 2015) - The oil and gas industry has taken another step towards its goal of having zero work-related incidents or injuries. Enform and six associations of the upstream oil and gas and pipeline transmission sectors have convened leaders to create the first Executive Task Force on Safety Culture (Task Force). At a recently-held inaugural meeting, the 13-member task force agreed to a shared mandate that would foster a collaborative approach to [Read more]
Young Women in Energy Award Winners Announced
CALGARY, AB--(Marketwired - October 07, 2015) - Young Women in Energy (YWE) is thrilled to announce this year's winners of the YWE Awards Program. Ten winners have been chosen from across Alberta by an esteemed selection committee of energy leaders. The award winners were selected based on their leadership, innovation, and a demonstrated initiative to change the face of energy."Judging by the caliber of this group of young women, I am confident they will continue to raise the profile of our [Read more]
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