CALGARY, ALBERTA--(Marketwired - March 31, 2015) - Enbridge Income Fund (the Fund) and Enbridge Income Fund Holdings Inc. (TSX:ENF) (the Company) today announced receipt of a formal proposal from Enbridge Inc. (Enbridge) for the transfer to the Fund (the Transaction) of Enbridge's Canadian liquids pipelines business owned by Enbridge Pipelines Inc. and Enbridge Pipelines (Athabasca) Inc., along with certain Canadian renewable energy assets (collectively, the "Assets"). If completed, the [Read more]
Enbridge Makes Formal Proposal to Transfer Canadian Liquids Pipeline Business and Renewable Energy Assets to Enbridge Income Fund
CALGARY, ALBERTA--(Marketwired - March 31, 2015) - Enbridge Inc. (TSX:ENB) (NYSE:ENB) (Enbridge or the Company) today announced that the Company delivered a formal proposal to the Boards of Enbridge Commercial Trust (ECT) and Enbridge Income Fund Holdings Inc. (TSX:ENF) (EIFH) to transfer Enbridge's Canadian Liquids Pipelines business, comprised of Enbridge Pipelines Inc. (EPI) and Enbridge Pipelines (Athabasca) Inc. (EPA), along with certain renewable energy assets, to Enbridge Income [Read more]
Harvest Operations Announces 2014 Year End Results and Reserves Information and Files 2014 Year End Disclosure Documents
CALGARY, ALBERTA--(Marketwired - March 31, 2015) - Harvest Operations Corp. ("Harvest" or "the Company") announces its financial and operating results for the fourth quarter and full year ended December 31, 2014 in conjunction with its 2014 year end reserves information. 2014 HIGHLIGHTS: During the second quarter of 2014, Harvest entered into two joint ventures with KERR Canada Co. Ltd. ("KERR"): Deep Basin Partnership ("DBP") and HKMS Partnership ("HKMS"). The DBP was formed to explore, [Read more]
Victory Energy Reports Full Year 2014 Results and Lucas Energy Business Combination Update
AUSTIN, TX--(Marketwired - March 31, 2015) - Victory Energy Corporation, (OTCQX: VYEY) ("Victory" or "the Company"), a Permian Basin focused oil and gas company, today announced financial and operating results for the twelve months ended December 31, 2014 and provided an update for the company's planned business combination with Lucas Energy (NYSE MKT: LEI) ("Lucas" ).2014 Full Year Highlights and Subsequent Events:The Business Combination with Lucas EnergyOn February 4, 2014 the Company entered [Read more]
Blackbird Energy Inc. Announces Executive Changes and the Release of Q2 2015 Financial and Operating Results
CALGARY, ALBERTA--(Marketwired - March 31, 2015) - Blackbird Energy Inc. (TSX VENTURE:BBI) ("Blackbird" or the "Company") is very pleased to announce that Mr. Don Noakes has joined Blackbird as Vice President, Operations. The Company also announces that Blackbird's former Chief Operating Officer, Mr. Darrell Denney, is no longer an officer or employee of the Company. Mr. Noakes is a Professional Engineer that brings over 30 years of operational oil and gas experience focused on drilling, [Read more]
Scotiabank Commodity Price Index Rallies in February as Oil and Gas Index Rebounds
TORONTO, ON--(Marketwired - March 31, 2015) - Scotiabank's Commodity Price Index rallied by 2.4% month-over-month (m/m) in February, after falling in January to the lowest level since early 2007. The Oil and Gas Index rebounded in February, with Alberta light and heavy crude oil prices boosted by a temporary rally in West Texas Intermediate. "The market is skeptical that the sharp drop in U.S. oil-targeted drilling activity (-45.3% year-over-year (yr/yr) as of March 27) will curb U.S. output [Read more]
Canada Energy Partners Announces New Strategic Initiative and Private Placement
VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 31, 2015) - Canada Energy Partners Inc. (TSX VENTURE:CE) (the "Company") is pleased to announce a new strategic initiative for the Company. New Strategic Initiative For three years, the Company has been researching and designing a cavitation tool that can excavate cavities in subsurface coal seams for the dual purpose of producing commercial quantities of coal via a wellbore and stimulating the production of natural gas from coal seams. [Read more]
Touchstone Announces Year End 2014 Financial Results
CALGARY, ALBERTA--(Marketwired - March 31, 2015) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP) is pleased to announce its financial and operating results for the year ended December 31, 2014. Selected financial and operational information is presented below and should be read in conjunction with Touchstone's December 31, 2014 audited consolidated financial statements and related management's discussion and analysis. The Company also announces the filing of its Annual [Read more]
Saturn Minerals Inc. Completes Seismic Program at Little Swan Saskatchewan Oil & Gas Property
VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 31, 2015) - Saturn Minerals Inc. (TSX VENTURE:SMI)(FRANKFURT:SMK) ("Saturn" or the "Company") is pleased to announce the completion of its third 2D seismic program over Petroleum Exploration Permit 71 (the "Little Swan Property") consisting of 102,758 Hectares in the northern Williston Basin in eastern Saskatchewan. The seismic program was designed to evaluate the deeper Ordovician-Cambrian targets originally identified as having hydrocarbon [Read more]
High North Resources Ltd. Amends Its Proposal to Debentureholders
CALGARY, ALBERTA--(Marketwired - March 30, 2015) - High North Resources Ltd. (TSX VENTURE:HN) (the "Company" or "High North") has amended the terms of its proposal to holders (the "Debentureholders") of debentures (the "Debentures") expiring April 4, 2015 (the "Maturity Date"), previously announced in its press release of March 13, 2015 (the "Press Release"). The revised proposal to amend (the "Revised Indenture Amendments") the convertible debenture indenture entered into between High North and [Read more]
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