CALGARY, ALBERTA--(Marketwired - Oct. 6, 2015) - Veresen Inc. ("Veresen" or the "Company") (TSX:VSN) is pleased to announce that the Cutbank Ridge Partnership ("CRP"), a partnership between Encana Corporation ("Encana") and Cutbank Dawson Gas Resources Ltd., a subsidiary of Mitsubishi Corporation, has sanctioned the 400 million cubic feet per day ("mmcf/d") Sunrise gas plant, to be located in the Montney region near Dawson Creek in northeastern British Columbia. In late 2014, Veresen Midstream [Read more]
Innovative Technology Increases Productivity of Horizontal Wells
CALGARY, AB--(Marketwired - October 06, 2015) - Production Plus Energy Services Inc. recently completed the 50th install of its patent-pending HEAL System™ in the Western Canadian Sedimentary Basin (WSCB) -- a significant milestone since its commercial release just 12 months ago and a true start-up success story in a struggling energy industry. "We were intrigued by the Production Plus team's research and expertise into the root causes of artificial lift problems in horizontal wells," said [Read more]
WesternZagros Provides Operational Update
CALGARY, ALBERTA--(Marketwired - Oct. 6, 2015) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES WesternZagros Resources Ltd. (TSX VENTURE:WZR) ("WesternZagros" or "the Company") announces its production of light oil in the Kurdistan Region of Iraq averaged approximately 5,000 barrels per day in the third quarter. As previously disclosed, operatorship of the Garmian Block was to transition from WesternZagros to Gazprom Neft Middle East B.V [Read more]
Wild Wind Petroleum Inc. Announces $123 Million Equity Commitment Financing
CALGARY, AB--(Marketwired - October 06, 2015) - The management team of David Beckwermert, Bill Pollock, Bill Kanters, and Twyla Paget-Turcotte today announced the startup of Wild Wind Petroleum Inc. ("Wild Wind" or the "Company") and the closing of an equity financing commitment with Pearl Energy Investments, L.P. ("Pearl") and Natural Gas Partners, through its affiliate, NGP Natural Resources XI, L.P. ("NGP") of $123 million. The Company will be led by David Beckwermert as Executive [Read more]
Shoreline Energy Corp. Enters Into Plan of Sponsorship and Reorganization Agreement With Highbridge Energy Inc.
CALGARY, ALBERTA--(Marketwired - Oct. 5, 2015) - Shoreline Energy Corp. ("Shoreline" or the "Company") announced today that the Company has entered into a Plan of Sponsorship and Reorganization Agreement with Highbridge Energy Inc. ("Highbridge"), a private Alberta company. Pursuant to Shoreline's application under the Companies' Creditors Arrangement Act (the "CCAA"), Shoreline is currently subject to an order dated April 13, 2015 granted by the Court of Queen's Bench of Alberta (the [Read more]
Yuma Energy, Inc. Declares Monthly Dividend on Its Series A Cumulative Redeemable Preferred Stock
HOUSTON, TX--(Marketwired - Oct 5, 2015) - Yuma Energy, Inc. (NYSE MKT: YUMA) (NYSE MKT: YUMA-PA) (the "Company") today announced that its Board of Directors has declared a monthly cash dividend payment on the Company's 9.25% Series A Cumulative Redeemable Preferred Stock (the "Series A Preferred Stock"). The monthly dividend on the Series A Preferred Stock is payable on November 2, 2015, to holders of record at the close of business on October 16, 2015. The monthly [Read more]
Gibson Energy to Release Third Quarter 2015 Results
CALGARY, ALBERTA--(Marketwired - Oct. 5, 2015) - Gibson Energy Inc. ("Gibsons" or the "Company"), (TSX:GEI), announced today that it expects to release its third quarter results for the period ending September 30, 2015 on Tuesday, November 3, following market close. A conference call has also been scheduled for 7:00 a.m. MT (9:00 a.m. ET) on Wednesday, November 4, 2015 for interested analysts, investors, and media representatives. The conference call dial-in numbers are: [Read more]
Groundstar Resources Limited Provides Corporate Update
CALGARY, ALBERTA--(Marketwired - Oct. 5, 2015) - Groundstar Resources Limited ("Groundstar" or the "Company") (TSX VENTURE:GSA) is pleased to announce that it has filed its unaudited interim financial statements and accompanying Management's Discussion and Analysis for the three month period ended July 31, 2015. These statements are available on the Company's SEDAR profile at www.sedar.com. As previously disclosed, as a result of the remedial accounting efforts completed by the Company in [Read more]
Canadian Oil Sands Responds to Unsolicited Offer
CALGARY, AB--(Marketwired - October 05, 2015) - (TSX: COS) (OTCQX: COSWF) Canadian Oil Sands Limited today responded to the announcement by Suncor Energy (Suncor) that it is making an unsolicited offer to acquire all of the outstanding shares of Canadian Oil Sands. The Board of Directors of Canadian Oil Sands together with its advisors will review the Suncor offer and related take-over bid circular and will communicate a recommendation to shareholders as soon as possible. The Company had [Read more]
Teekay Corporation Declares Dividend
HAMILTON, BERMUDA--(Marketwired - Oct. 5, 2015) - Teekay Corporation (Teekay or the Company) (NYSE:TK) announced that its Board of Directors has declared a cash dividend on its common stock of $0.55 per share for the quarter ended September 30, 2015. The cash dividend is payable on November 19, 2015 to all shareholders of record as at October 16, 2015. About Teekay Teekay Corporation operates in the marine midstream space through its ownership of the general partners and a [Read more]
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