QUÉBEC, QUEBEC--(Marketwired - June 14, 2017) - Pétrolia Inc. (TSX VENTURE:PEA)("Pétrolia" or the "Company") wishes to provide a corporate update concerning the amalgamation transaction currently underway further to the conclusion, on May 15, 2017, of an arrangement agreement with Pieridae Energy Limited (the "Arrangement Agreement"). Transaction with Pieridea Energy Limited In the context of the previously announced planned amalgamation with Pieridae Energy Limited ("Pieridae") [Read more]
TransCanada invests $2 billion to expand NGTL System capacity
CALGARY, ALBERTA--(Marketwired - June 14, 2017) - News Release - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) announced today that it will move forward with a new $2 billion expansion program on its NOVA Gas Transmission Ltd. (NGTL) System, based on new contracted customer demand for approximately 3 billion cubic feet per day (Bcf/d) of incremental firm receipt and delivery services. "Between now and 2021, TransCanada is investing approximately $2 billion in new pipeline [Read more]
Petroteq Energy Inc. Announces First Oil Sold from Wardlaw Field, Texas Interest
STUDIO CITY, CALIFORNIA--(Marketwired - June 14, 2017) - Petroteq Energy Inc. (the "Company") (TSX VENTURE:PQE)(OTCQX:PQEFF), a company focused on the development and implementation of proprietary technologies for the environmentally safe extraction of heavy oils from oil sands, oil shale deposits and shallow oil deposits, is pleased to announce the first sale of oil produced from the Wardlaw field held by Accord GR Energy Inc. ("Accord"), an oil and gas exploration and production company. [Read more]
InPlay Receives TSX Approval for Normal Course Issuer Bid
CALGARY, AB--(Marketwired - June 14, 2017) - InPlay Oil Corp. ("InPlay" or the "Corporation") (TSX: IPO) (OTCQX: IPOOF) today announced the Toronto Stock Exchange ("TSX") has accepted InPlay's notice of intention to commence a normal course issuer bid (the "NCIB"). Under the NCIB, InPlay may purchase for cancellation, from time to time, as InPlay considers advisable, up to a maximum of 1,559,904 common shares of the Corporation ("Common Shares"), which represents 2.5% of the 62,396,169 issued [Read more]
Sunshine Oilsands Ltd.: Record Date of the Special Meeting to Be Held on July 26, 2017 in Respect of the Private Placement
CALGARY, ALBERTA and HONG KONG, CHINA--(Marketwired - June 14, 2017) - Reference is made to the announcement of Sunshine Oilsands Ltd. (the "Corporation" or "Sunshine") (HKSE:2012) dated June 5, 2017 (Hong Kong) and June 5, 2017 (Calgary) relating to (i) the proposed issue of new Class "A" common voting shares (the "Shares") of the Corporation under the specific mandate and (ii) the connected transaction involving the subscription of new Shares by connected person of the Corporation (the [Read more]
Teekay LNG Partners Declares Distribution on Series A Preferred Units
HAMILTON, BERMUDA--(Marketwired - June 14, 2017) - Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP), has declared a cash distribution of $0.5625 per unit on the Partnership's Series A preferred units (NYSE:TGP PR A) for the period from April 1, 2017 to June 30, 2017. The cash distribution is payable on July 17, 2017 to all unitholders of record as at June 30, 2017. About Teekay LNG Teekay LNG Partners is one of the world's [Read more]
Suncor Energy provides update on Syncrude Mildred Lake Oil Sands facility
CALGARY, ALBERTA--(Marketwired - June 13, 2017) - Suncor today provided an update on the Syncrude Mildred Lake Oil Sands facility following the March 14 incident. Repairs are progressing as planned and the maintenance work scheduled for the fall has been added to the plan, extending the timing of full ramp up to mid-July. Shipments have been reduced to approximately 130 kbpd (gross) in order to complete the accelerated maintenance and are expected to ramp up as additional units complete [Read more]
Dundee Energy Announces Extension of TSX Continued Listing Review Period
TORONTO, ONTARIO--(Marketwired - June 13, 2017) - Dundee Energy Limited (TSX:DEN) ("Dundee Energy" or the "Corporation") today announced that the Toronto Stock Exchange ("TSX") has agreed to provide the Corporation with a 30 day extension of the previously announced continued listing review being undertaken by the TSX in respect of the Corporation's common shares. The extension has been granted to provide the Corporation with additional time to further advance discussions with its lender and to [Read more]
Pan Orient Energy Corp.: Operations and Corporate Update
CALGARY, ALBERTA--(Marketwired - June 13, 2017) - Pan Orient Energy Corp. ("Pan Orient" or the "Company") (TSX VENTURE:POE) is providing an operations and corporate update. INDONESIA East Jabung PSC (Pan Orient 49% & Non Operator) The operator of the East Jabung PSC has advised that the drilling of the AYU-1 exploration well is anticipated to commence on or about July 5, 2017. CORPORATE Shareholders will be able to access the June 13, 2017 Pan Orient Annual and Special Meeting presentation on [Read more]
Freehold Royalties Ltd. Declares Dividend for June 2017
CALGARY, Alberta, June 13, 2017 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold) (TSX:FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.05 per common share to be paid on July 17, 2017 to shareholders of record on June 30, 2017. These dividends are designated as “eligible dividends” for Canadian income tax purposes. Freehold’s primary focus is on acquiring and managing oil and gas royalties. The majority of production comes from royalty interests (mineral title [Read more]
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