CALGARY, ALBERTA--(Marketwired - Aug. 2, 2017) - Suncor today extended condolences to the family of Rick George, former president and chief executive officer of the company, who passed away in Calgary on August 1, as a result of complications from AML. "Rick's impact on the oil sands industry, the Canadian business community, and the broader community has been immeasurable," said Steve Williams, Suncor's president and chief executive officer. "His contributions have been significant and [Read more]
TC PipeLines, LP Announces 2017 Second Quarter Financial Results
HOUSTON, TEXAS--(Marketwired - Aug. 2, 2017) - News Release - TC PipeLines, LP (NYSE:TCP) (the Partnership) today reported second quarter 2017 net income attributable to controlling interests of $55 million and distributable cash flow of $82 million. "Our portfolio of assets performed well in the second quarter. Our strategy of underpinning our business with long-term contracts continues to provide consistent results and generate stable cash flow and earnings," said Brandon Anderson, [Read more]
Blackbird Energy Inc. Announces Management Changes
CALGARY, ALBERTA--(Marketwired - Aug. 1, 2017) - Blackbird Energy Inc. (TSX VENTURE:BBI) ("Blackbird" or the "Company") announces that Ron Schmitz, who currently sits on Blackbird's board of directors, has been appointed interim Chief Financial Officer following the resignation of Jeff Swainson as Chief Financial Officer and Corporate Secretary. As a current director and audit committee member who previously served as Chief Financial Officer of the Company until February 2015, Mr. Schmitz has [Read more]
Birchcliff Energy Ltd. Announces Series of Asset Sales for Expected Proceeds of Approximately $142 Million
CALGARY, ALBERTA--(Marketwired - Aug. 1, 2017) - Birchcliff Energy Ltd. ("Birchcliff") (TSX:BIR) is pleased to announce that it has completed a series of asset sales and expects to complete additional asset sales, including the sale of its Worsley Charlie Lake Light Oil Pool, for total disposition proceeds of approximately $142 million (subject to closing adjustments). These asset sales collectively represent forecast 2017 annual average production of approximately 3,600 boe/d (approximately 62% [Read more]
Bonterra Energy Corp. Confirms Cash Dividend for July 2017 Payable August 31st, 2017
CALGARY, ALBERTA--(Marketwired - Aug. 1, 2017) - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) announces that the July 2017 monthly cash dividend will be $0.10 per share and will be paid on August 31st, 2017. The record date for the dividend is August 15th, 2017 and the ex-dividend date is August 11th, 2017. The dividend is paid monthly and is subject to commodity prices and production levels. The dividend is considered an "eligible dividend" for tax purposes. [Read more]
Sunshine Oilsands Ltd.: Date of Board Meeting
CALGARY, ALBERTA and HONG KONG, CHINA--(Marketwired - Aug. 1, 2017) - The board of directors (the "Board") of Sunshine Oilsands Ltd. (the "Corporation") (HKSE:2012) announces that a meeting of the Board will be held on or about 8:00 p.m. Calgary time on Sunday, August 13, 2017 (on or about 10:00 a.m. Hong Kong time on Monday, August 14, 2017) for the purposes of, amongst other matters, approving the interim results and report of the Company and its subsidiaries for the three months and six [Read more]
Pan Orient Energy Corp.: AYU-1X Drilling Update
CALGARY, ALBERTA--(Marketwired - July 31, 2017) - Pan Orient Energy Corp. ("Pan Orient" or the "Company") (TSX VENTURE:POE) is providing an operations update. INDONESIA East Jabung PSC (Pan Orient 49% & Non Operator) The operator of the East Jabung Production Sharing Contract has advised that the AYU-1X exploration well commenced drilling on July 29th, a nine day delay from the anticipated July 20th date discussed in Pan Orient's July 5th press release. [Read more]
Enbridge Energy Partners, L.P. Declares Distribution for Second Quarter 2017
HOUSTON, TX--(Marketwired - Jul 28, 2017) - Enbridge Energy Partners, L.P. (NYSE: EEP) (EEP or the Partnership) announced today that the Board of Directors of Enbridge Energy Management, L.L.C. (EEM), the delegate of the Partnership's general partner, has declared a quarterly cash distribution of $0.35 per unit, or $1.40 per unit on an annualized basis, on all of the Partnership's outstanding units for the quarter ended June 30, 2017. The approved distribution remains unchanged from the [Read more]
TransCanada Declares Quarterly Dividends
CALGARY, ALBERTA--(Marketwired - July 28, 2017) - News Release - TransCanada Corporation (TSX:TRP)(NYSE:TRP) (TransCanada or the Company) today announced that the Board of Directors (Board) of TransCanada declared a quarterly dividend of $0.625 per common share for the quarter ending September 30, 2017, on the Company's outstanding common shares. The common share dividend is payable on October 31, 2017 to shareholders of record at the close of business on September 29, 2017. The Board [Read more]
TransCanada Reports Strong Second Quarter 2017 Financial Results; Performance Highlights Diversified, Low Risk Business Strategy
CALGARY, ALBERTA--(Marketwired - July 28, 2017) - TransCanada Corporation (TSX:TRP)(NYSE:TRP) (TransCanada or the Company) today announced net income attributable to common shares for second quarter 2017 of $881 million or $1.01 per share compared to net income of $365 million or $0.52 per share for the same period in 2016. Comparable earnings for second quarter 2017 were $659 million or $0.76 per share compared to $366 million or $0.52 per share for the same period in 2016. TransCanada's Board [Read more]
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