CALGARY, ALBERTA--(Marketwired - Sept. 29, 2015) - TransAlta Corporation ("TransAlta") (TSX:TA)(NYSE:TAC) today announced further staff reductions as it continues to focus on improving its competitive position and meeting the needs of its customers in a dynamic economic environment. Earlier this year TransAlta improved productivity at its Canadian coal and mining business unit by reducing the headcount by 247 employees and optimizing mine operations, changes which are expected to [Read more]
Resolute Energy Corporation Announces Limited Marketing Process for Gardendale Property in Permian Basin
DENVER, CO--(Marketwired - Sep 29, 2015) - Resolute Energy Corporation ("Resolute" or the "Company") (NYSE: REN) today announced that it has commenced a limited marketing process for its Gardendale property in Midland and Ector counties, Texas in the Permian Basin. The Company will assess market feedback and potential valuation, among other factors, in determining whether or not to pursue a sale of some or all of its interest in the property. The Company has engaged Petrie Partners, LLC [Read more]
Federal and Colorado State Agencies Join Tread Lightly! and Noble Energy Celebrating Restoration Projects on Pawnee National Grassland
GREELEY, CO--(Marketwired - September 29, 2015) - Tread Lightly!, Noble Energy, Inc. and the U.S. Forest Service recently celebrated the completion of three priority Restoration for Recreation projects implemented this year on the Pawnee National Grassland, near the community of Greeley, Colorado. The final project was held at the Baker Draw Designated Shooting Area, where volunteers cleaned and improved the popular public space with new permanent shade structures. The Restoration for Recreation [Read more]
PLS’s Dealmakers(TM) Prospect and Property Expo Returns to Houston September 30th
HOUSTON, TX--(Marketwired - September 29, 2015) - PLS Inc., one of the energy industry's leading information, marketing and advisory firms, today announced that its Fall 2015 DEALMAKERS™ Prospect and Property Expo in Houston is on September 30th. The oil and gas expo will be held at the Hyatt Regency 1200 Louisiana St Houston TX 77002. PLS's celebrated one-day DEALMAKERS concept is in its 20th year of bringing buyers, sellers and capital together. DEALMAKERS is open to buyers, sellers and [Read more]
Prince Rupert Gas Transmission Signs Project Agreement With Metlakatla First Nation
PRINCE RUPERT, BRITISH COLUMBIA--(Marketwired - Sept. 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 Metlakatla First Nation, a member of the Coast Tsimshian Nation. The Project Agreement - the eighth with First Nations along the pipeline route - outlines financial and other benefits and commitments that will be provided for as long as the project is in service. [Read more]
MicroSeismic Succeeds in Predicting Reservoir Drainage and Early Production
HOUSTON, TX--(Marketwired - Sep 29, 2015) - MicroSeismic, Inc. (MicroSeismic) announced today that field tests conducted this year for several key operators in North America have successfully calculated reservoir drainage volume and provided early estimates of production, enabled by the newest developments in MicroSeismic's PermIndex® workflow. The advantage gained by understanding a well's production and reservoir drainage prior to the well's production phase is to enable [Read more]
Terra Energy Closes Sale of Non-Core Assets
CALGARY, ALBERTA--(Marketwired - Sept. 29, 2015) - Terra Energy Corp. ("Terra" or the "Company") (TSX:TT) is pleased to announce that the Company has closed the previously announced sale of certain of the Company's non-core, P&NG assets in the Boundary Lake and Worsley areas of the Province of Alberta for $10.615 million. Net proceeds from the sale transaction will be used to strengthen the Company's balance sheet, reduce total debt and improve on operational efficiencies and production. [Read more]
Rockdale Resources Acquires Interest in the Historical Slick Unit Dutcher Sands (SUDS) Oil Field, Creek County, Oklahoma
HOUSTON, TX--(Marketwired - September 28, 2015) - Rockdale Resources Corporation (OTC PINK: BBLS) ("Rockdale" or "Company") is pleased to announce the successful acquisition of 10% Working Interest ("WI") in the 2,600 acre Slick Unit Dutcher Sands oil field ("SUDS"), located in Creek County, Oklahoma, from SUDS Properties, LLC ("SPL"), a subsidiary of Houston-based Jovian Resources, LLC ("Jovian").With this acquisition, Rockdale increases its total 1P reserves by approx. 150,000 Bbls while [Read more]
Dejour Lenders Extend Term of Bridge Financing
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 28, 2015) - Dejour Energy Inc. (NYSE MKT:DEJ)(TSX:DEJ) ("Dejour" or the "Company"), an independent oil and gas exploration and production company operating in North America's Piceance Basin and Peace River Arch regions, today announced that it reached agreement with certain insider lenders of its previously reported C$6.5mm bridge financing to extend the secured notes in their current form until December 31, 2015, without the inclusion of any [Read more]
Valparaiso Energy Inc.: Appointment of a New Director
CALGARY, ALBERTA--(Marketwired - Sept. 28, 2015) - NOT FOR DISTRIBUTION IN THE UNITED STATES OR THROUGH UNITED STATES WIRE SERVICES. Valparaiso Energy Inc. (the "Corporation") (TSX VENTURE:VPO.H) is pleased to announce the appointment of Mr. Marc Branson to the Board of Directors of the Corporation effective immediately. Mr. Branson brings public company management experience and a diversified skill set well suited to aid the Corporation with its current strategic goals. [Read more]
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