CALGARY, ALBERTA--(Marketwired - June 7, 2017) - Prairie Provident Resources Inc. ("Prairie Provident", "PPR" or the "Company") (TSX:PPR) is pleased to provide an operational update including successful results from the first of the Company's four wells drilled and completed in Wheatland to date, as well as well flow test results for all four wells. During the first three months of 2017, PPR drilled four wells in Wheatland targeting oil zones in the Ellerslie formation. Due to delayed [Read more]
Sunshine Oilsands Ltd.: Completion of Placing of New Shares Under General Mandate
HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - June 7, 2017) - The Board of Directors (the "Board") of Sunshine Oilsands Ltd. (the "Corporation" or "Sunshine") (HKSE:2012) is pleased to announce the following: The Board is pleased to announce that all conditions of the Placing Agreement have been fulfilled and the Completion took place on June 7, 2017. An aggregate of 67,511,000 Placing Shares were allotted and issued to not less than six Placees at the Placing Price of HK$0.237 [Read more]
Sunshine Oilsands Ltd.: Voluntary Announcement – Increase in Shareholding in the Company by Chairman and Major Shareholder
HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - June 5, 2017) - The Board of Directors of Sunshine Oilsands Ltd. ("the Corporation" or "Sunshine") (HKSE:2012) hereby announces the following: INCREASE IN SHAREHOLDING IN THE COMPANY BY CHAIRMAN AND MAJOR SHAREHOLDER The Corporation was informed by its major shareholder, Mr. Sun Kwok Ping ("Mr. Sun"), the executive director and chairman of the board of directors (the "Board") of the corporation, that on June 6, 2017, Mr. Sun [Read more]
Touchstone Provides Update on the First Two Wells of 2017 Drilling Program and 2017 Recompletion Program
CALGARY, ALBERTA--(Marketwired - June 6, 2017) - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP) is pleased to provide the following operational update with respect to the Company's 2017 drilling campaign and recompletion program. Highlights Completed the drilling of two wells on the Coora 1 Block encountering a combined net oil pay of approximately 665 feet. The two wells were completed [Read more]
Sunshine Oilsands Ltd.: (1) Proposed Issue of New Shares Under Specific Mandate and (2) Connected Transaction Involving Subscription of New Shares by Connected Person
HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - June 5, 2017) - Sunshine Oilsands Ltd. (HKSE:2012) - SUBSCRIPTION AGREEMENT On June 5, 2017, the Corporation entered into the Subscription Agreement with the Subscriber Prime Union pursuant to which the Subscriber has conditionally agreed to subscribe, and the Corporation has conditionally agreed to allot and issue, an aggregate of 455,074,788 Subscription Shares at the Subscription Price of HK$0.234 (approximately CDN$0.041) [Read more]
TransCanada Completes Sale of U.S. Northeast Power Assets
CALGARY, ALBERTA--(Marketwired - June 5, 2017) - News Release - TransCanada Corporation (TSX:TRP)(NYSE:TRP) (TransCanada) today announced that it has completed the sale of its remaining U.S. Northeast merchant power generation assets to Helix Generation, LLC, an affiliate of LS Power Equity Advisors, for approximately US$2.1 billion including a purchase price adjustment as a result of an unplanned outage at Ravenswood prior to close. Proceeds from this transaction will be used to fully retire [Read more]
Raging River Exploration Inc. Announces Land Position in Duvernay Shale, Operations Update and Management Update
CALGARY, ALBERTA--(Marketwired - June 5, 2017) - Raging River Exploration Inc. (the "Company" or "Raging River") (TSX:RRX) is pleased to announce an entrance into a new light oil focus area. The Company has been accumulating land over the last year and is pleased to announce that to date, it has accumulated approximately 100,000 net acres of land prospective for light oil in the Duvernay Shale basin in central Alberta. Although the play remains in its infancy, the characteristics exhibited by [Read more]
Gibsons Appoints Steve Spaulding as President and CEO
CALGARY, ALBERTA--(Marketwired - June 5, 2017) - Gibson Energy Inc. ("Gibsons" or the "Company"), (TSX:GEI), announced today that Steve Spaulding has been named as the company's President and Chief Executive Officer. This appointment will be effective June 19, 2017, at which time he will also become a member of Gibsons' Board of Directors. Steve is an accomplished industry veteran with more than 25 years' experience in the midstream space. Most recently, Steve served as Executive Vice [Read more]
NuVista Energy Ltd. Provides Update on Planned Maintenance Outages and Quarterly Production Ranges, Reaffirms Full Year 2017 Production and Funds from Operations Guidance
CALGARY, ALBERTA--(Marketwired - June 4, 2017) - NuVista Energy Ltd. ("NuVista" or the "Company") (TSX:NVA) would like to provide an update on our operational progress and outlook for 2017. Weekly production continued with strength, reaching 33,000 Boe/d after the previously reported unscheduled 3rd party gas plant outage in April. In May, the planned maintenance outage for the K3 midstream gas plant commenced on time and it continues on schedule with a planned startup in mid June. [Read more]
Enbridge Mid-Year 2017 Investor Update Meeting Webcast
CALGARY, ALBERTA--(Marketwired - June 2, 2017) - Enbridge Inc. (TSX:ENB)(NYSE:ENB) (Enbridge or the Company) will hold a Mid-Year 2017 Investor Update Meeting on Thursday, June 8th in Toronto and Friday, June 9th in New York. Now 3 months post-acquisition of Spectra Energy, Enbridge executives will provide the investment community with a high level strategic update, an overview of the competitive positioning of the combined businesses as well as a general update on the progress of the [Read more]
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