CALGARY, ALBERTA--(Marketwired - April 2, 2015) - Inter Pipeline Ltd. ("Inter Pipeline") (TSX:IPL) will announce its first quarter 2015 financial and operating results on May 11th, 2015. A conference call and webcast have been scheduled for May 12th at 9:00 a.m. MT (11:00 a.m. ET) for interested shareholders, analysts and media representatives. To participate in the conference call, please dial 416-340-2216 or 800-355-4959. A pass code is not required. A recording of the call will be [Read more]
Tuscany Announces Record Levels of Production, Revenue and Cash Flow for Year Ended December 31, 2014
CALGARY, ALBERTA--(Marketwired - April 2, 2015) - Tuscany Energy Ltd. (TSX VENTURE:TUS) is pleased to announce the results of its financial and operating results for the year ended December 31, 2014. During 2014 the Company's principal goals were to expand its heavy oil development drilling program, increase its oil reserves and maintain a conservative balance sheet. 2014 Highlights: Financial Record full year revenues of $17.6 million, increased from $10.1 million in 2013. Cash [Read more]
TransCanada Alters Québec Scope of Energy East Pipeline Project
MONTREAL, QUÉBEC--(Marketwired - April 2, 2015) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced it is altering the scope of the Energy East pipeline project in Québec as part of its continued commitment to stakeholder consultation, environmental stewardship and community safety. Part of that altered scope includes the decision not to build a marine and associated tank terminals at Cacouna, Québec. Potential alternative terminal options in Québec are being reviewed. [Read more]
Baytex Closes $632.5 Million Bought Deal Financing
CALGARY, ALBERTA--(Marketwired - April 2, 2015) - Baytex Energy Corp. ("Baytex") (TSX:BTE) (NYSE:BTE) has closed the previously announced bought deal financing (the "Equity Financing"). Baytex issued 36,455,000 common shares (the "Common Shares"), including 4,755,000 common shares pursuant to the full exercise of the over-allotment option, at a price of $17.35 per share for aggregate gross proceeds of approximately $632.5 million. The net proceeds from the Equity Financing will be used to [Read more]
TriOil Resources Ltd./ORLEN Upstream Canada Ltd.: Announcement of Name Change
CALGARY, ALBERTA--(Marketwired - April 2, 2015) - TriOil Resources Ltd., being part of the ORLEN Group, is pleased to announce that it is changing its name, effective immediately, to ORLEN Upstream Canada Ltd. ("Company") The name change is consistent with the ORLEN Group global strategy of building a single identity and provides ORLEN brand recognition to the Canadian oil and gas market, where the Company plans to expand its investment activities. ORLEN Upstream Canada's existing assets are [Read more]
Strategic Oil & Gas Ltd. Announces Year-End 2014 Financial and Operating Results
CALGARY, ALBERTA--(Marketwired - April 2, 2015) - Strategic Oil & Gas Ltd. ("Strategic" or the "Company") (TSX VENTURE:SOG) reports financial and operating results for the three months and year ended December 31, 2014. Detailed results are presented in Strategic's annual consolidated financial statements, related Management's Discussion and Analysis ("MD&A") and Annual Information Form which will be available through the Company's website at www.sogoil.com and on SEDAR at [Read more]
Maple Leaf Royalties Corp. Completes Acquisition of Royalties and Non-Operated Working Interests
CALGARY, ALBERTA--(Marketwired - April 1, 2015) - Maple Leaf Royalties Corp. (TSX VENTURE:MPL) ("Maple Leaf") is pleased to report that it has completed the previously announced acquisition of royalty interests and non-operated working interests in a total of 17 oil and gas wells located in Alberta and Saskatchewan (the "Acquired Assets") from Maple Leaf 2012-II Energy Income Limited Partnership. Please refer to Maple Leaf's news release of March 24, 2015 for additional information regarding the [Read more]
Suncor provides update on cost management program and operations
CALGARY, ALBERTA--(Marketwired - April 1, 2015) - Suncor Energy today provided an update on its progress on cost management measures in response to the low crude price environment, as well as an update on operations. Since the cost management program was announced in January, the company has made significant progress on its cost reduction initiatives. Suncor now expects that the $600 million to $800 million in operating budget reductions will be substantially realized in 2015, ahead of [Read more]
TransCanada Closes Sale of Remaining Interest in GTN to TC PipeLines, LP
CALGARY, ALBERTA--(Marketwired - April 1, 2015) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today closed the sale of its remaining 30 per cent interest in Gas Transmission Northwest LLC (GTN) to its master limited partnership, TC PipeLines, LP (NYSE:TCP) (the Partnership). GTN is a 2,178 kilometre (1,353 mile) pipeline that transports natural gas under long-term contracts from the Western Canada Sedimentary Basin and the Rocky Mountains to Washington, Oregon and California. [Read more]
TC PipeLines, LP Completes Acquisition of Remaining 30 Percent Interest in GTN
HOUSTON, TEXAS--(Marketwired - April 1, 2015) - TC PipeLines, LP (NYSE:TCP) (the Partnership) today announced the closing of its previously announced acquisition of the remaining 30 percent interest in Gas Transmission Northwest LLC (GTN) from TransCanada Corporation. The acquisition is expected to be immediately accretive to Partnership cash flows and earnings. TC PipeLines, LP is a Delaware master limited partnership with interests in six federally regulated U.S. interstate natural gas [Read more]
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