CALGARY, AB--(Marketwired - August 14, 2015) - Tourmaline Oil Corp. (TSX: TOU) ("Tourmaline") and Mapan Energy Ltd. (TSX VENTURE: MPG) ("Mapan") jointly announce the completion of Tourmaline's previously announced acquisition of all of the outstanding Mapan common shares pursuant to an arrangement under the Business Corporations Act (Alberta) (the "Arrangement"). Under the Arrangement, which was approved by Mapan shareholders by a vote of greater than 99.9% of the votes cast at the meeting, [Read more]
Bonavista Energy Corporation Confirms Dividend for September 15, 2015
CALGARY, ALBERTA--(Marketwired - Aug. 14, 2015) - Bonavista Energy Corporation ("Bonavista") (TSX:BNP) confirms that a dividend of $0.035 per common share will be paid in cash on September 15, 2015 to common shareholders of record on August 31, 2015. The ex-dividend date is August 27, 2015. Bonavista's dividend policy is reviewed monthly and is based on future commodity prices, foreign exchange rates, our commodity hedging program, current operations and future investment opportunities. [Read more]
Climate Change Policy in Alberta Will Need a Balanced Approach: CAPP
CALGARY, ALBERTA--(Marketwired - Aug. 14, 2015) - Oil and natural gas producers will continue to work with the Alberta government to tackle climate change with balanced and realistic solutions that reduce greenhouse gas (GHG) emissions while spurring investment and growth of the province's top job-creating industry, the Canadian Association of Petroleum Producers said today. "Climate change is a complex challenge with no easy solutions for Alberta, where oil and gas is such an integral part [Read more]
Primeline Completes Acquisition of Primeline Petroleum Corporation and Issuance of First Tranche of US$10 Million Bonds
HONG KONG, CHINA--(Marketwired - Aug. 14, 2015) - NOT FOR DISTRIBUTION TO THE U.S. NEWS WIRES SERVICES, OR DISSEMINATION IN THE UNITED STATES Primeline Energy Holdings Inc. ("Primeline" or the "Company") (TSX VENTURE:PEH) today announced that, following receipt of disinterested shareholder approval at its Extraordinary General Meeting held on July 30, 2015, it has now completed the acquisition of the share in and loan to Primeline Petroleum Corporation ("PPC") held by Primeline [Read more]
Eagle Energy Trust Confirms August 2015 Distribution
CALGARY, ALBERTA--(Marketwired - Aug. 14, 2015) - Eagle Energy Trust ("Eagle") (TSX:EGL.UN) confirms its August 2015 distribution. The cash distribution to be paid on September 23, 2015, in respect of the period from August 1, 2015 to August 31, 2015, for unitholders of record on August 31, 2015 will be $0.03 per trust unit. The ex-distribution date is August 27, 2015. The annualized distribution of $0.36 per trust unit represents a cash-on-cash yield of 18% based on the closing price of [Read more]
Gulf Coast LNG Projects Dominate 2016’s Top 10 Spending Projects in U.S. Southwest Region, an Industrial Info News Alert
SUGAR LAND, TX--(Marketwired - Aug 14, 2015) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Texas and Louisiana are hosting the 10 highest-value projects that are set to kick off in the U.S. Southwest region in 2016, with Oil & Gas activity along the Gulf Coast accounting for almost all of the nearly $40 billion in total investment value, according to Industrial Info's Project Database. The growing global demand for liquefied natural gas (LNG) is driving more than half of that [Read more]
Bonterra Energy Corp. Files Revised Unaudited Interim Financial Statements for Second Quarter and Six Months Ended June 30, 2015
CALGARY, ALBERTA--(Marketwired - Aug. 13, 2015) - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) ("Bonterra" or "the Company") today announce that it has filed Revised Unaudited Condensed Financial Statements for the three and six month periods ended June 30, 2015 to replace an erroneously filed draft of the Unaudited Condensed Statement of Comprehensive Income (Loss) contained in the copy of the Unaudited Condensed Financial Statements that were filed with the applicable securities [Read more]
Granite Oil Corp. Announces Operational Update, 8% Increase in Monthly Dividend and 2015 Second Quarter Financial Results
CALGARY, ALBERTA--(Marketwired - Aug. 13, 2015) - GRANITE OIL CORP. ("Granite" or the "Company") (TSX:GXO)(OTCQX:GXOCF) is pleased to release an operational update and its financial and operational results for the three and six months ended June 30, 2015. Successfully completed the corporate reorganization of DeeThree Exploration Ltd. into Boulder Energy Ltd. ("Boulder") and Granite Oil Corp. ("Granite") on May 15, 2015. Granite's second quarter financial statements present the combined [Read more]
Waldron Energy Corporation Announces It Has Consented to the Appointment of a Receiver and Released Its Second Quarter 2015 Results
CALGARY, ALBERTA--(Marketwired - Aug. 13, 2015) - On August 6, 2015, the secured subordinated lender ("Subordinated Lender") of Waldron Energy Corporation ("Waldron" or the "Corporation") (TSX:WDN) demanded repayment in full of all amounts owed to them under their credit facility and gave notice of their intention to enforce their security. The demand of repayment by the Subordinated Lender created a cross-default between the Corporation and its secured bank debt lender, National Bank of Canada [Read more]
HIGHBANK RESOURCES UPDATES SPN WORK and Comments on an Estimated $154 Billion in B.C. LNG Developments: Chevron/PTP ($40B); Exxon/WCC LNG ($25B); Petronas ($36B); BG Group ($35B); Eagle Spirit ($16B); Alta Gas Projects ($1B)
VANCOUVER, BC--(Marketwired - August 13, 2015) - Highbank Resources Ltd. (TSX VENTURE: HBK), (the "Company").Victor N. Bryant, CEO/President comments:Barge No. 8 to arrive at Swamp Point North (SPN) site at today, carrying fuel, the repaired Highbank Link-belt 290LX excavator and hydraulic oil for commissioning the fleeting system (winching system for moving barges during loading). Re-evaluation of the logging permit indicates we can expand 2 hectares to the north which opens up higher quality [Read more]
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