STUART, FL--(Marketwired - December 02, 2014) - Ecosphere Technologies, Inc. (OTCQB: ESPH), a U.S. technology licensing and innovative manufacturing company, today announced that the U.S. Patent and Trademark Office has issued a formal Notice of Allowance for Patent # 8,858,064 which is a process patent for a portable hydrodynamic cavitation manifold assembly. This newest patented invention relates to fluid handling and, more specifically, to a portable hydrodynamic cavitation manifold for use [Read more]
Chinook Energy Enters Into Two Asset Disposition Agreements and Announces Reaffirmation of Its Credit Facility
CALGARY, ALBERTA--(Marketwired - Dec. 2, 2014) - Chinook Energy Inc. (TSX:CKE) ("Chinook") is pleased to announce that it has entered into two agreements to sell certain of its assets located in the Gilby and Karr areas of Alberta (the "Divested Assets") for total aggregate consideration of approximately $72 million, subject to customary closing adjustments. The effective date for the Gilby asset disposition is July 1, 2014 and the effective date for the Karr asset disposition is October 1, [Read more]
Questerre Completes Sale of South Antler, Saskatchewan Property
CALGARY, ALBERTA--(Marketwired - Dec. 2, 2014) - Questerre Energy Corporation ("Questerre" or the "Company") (TSX:QEC)(OSLO:QEC) reported today that it has concluded a purchase and sale agreement to sell its South Antler property in southeast Saskatchewan for $7 million. Current production from the South Antler property is approximately 77 bbls/d of light oil. As at December 31, 2013, the Company's independent reserve engineers assigned proved and probable reserves of 257.8 Mbbls to this [Read more]
Husky Increases Size of Preferred Share Offering
CALGARY, ALBERTA--(Marketwired - Dec. 1, 2014) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Husky Energy (TSX:HSE) is increasing the size of its previously announced offering of Cumulative Rate Reset Preferred Shares, Series 3 (the "Series 3 Shares") to 10 million shares, due to positive investor response. The aggregate gross proceeds from the upsized offering will be $250 million. Closing of the offering is expected on or [Read more]
NEB Approves TransCanada’s Tariff and Tolls Application for Mainline Natural Gas Service
CALGARY, ALBERTA--(Marketwired - Dec. 1, 2014) - The National Energy Board (NEB) announced Friday it has approved TransCanada's application for approval of 2015 to 2030 Tolls. The components of the application reflected a settlement between TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) and local natural gas distribution companies (LDCs) in Ontario and Québec. Approval of the application enables the addition of natural gas pipeline capacity to meet current and future [Read more]
Pengrowth Energy Announces Appointment of New Board Member Adding Additional Heavy Oil and Oil Sands Expertise
CALGARY, ALBERTA--(Marketwired - Dec. 1, 2014) - Pengrowth Energy Corporation (TSX:PGF) (NYSE:PGH) is pleased to announce the appointment of Margaret Byl to its Board of Directors. Ms. Byl is a seasoned executive with 30 years' experience in the Canadian energy sector in a wide range of upstream and corporate functions with Suncor Energy and Petro-Canada. In her various capacities, Ms. Byl gained expertise in heavy oil and oil sands development, from grass roots pilot projects to [Read more]
Midcoast Energy Partners Announces Retirement of Terrance L. McGill
HOUSTON, TX--(Marketwired - Dec 1, 2014) - Midcoast Energy Partners, L.P. (NYSE: MEP) today announced the retirement of Terrance L. McGill, effective Dec. 31, 2014. C. Gregory Harper has been elected president, Midcoast Holdings, L.L.C. effective Dec. 31, 2014. "Enbridge is deeply grateful for Terry's contributions over the last 12 years. During his tenure, he was instrumental in growing the business into a leading energy transportation company and in guiding the creation of MEP [Read more]
Traverse Energy Ltd. Closes Private Placement Financing
CALGARY, ALBERTA--(Marketwired - Dec. 1, 2014) - Traverse Energy Ltd. (the "Corporation") (TSX VENTURE:TVL) is pleased to announce that it has successfully closed its previously announced non-brokered private placement (the "Private Placement") to a single investor of 1,300,000 common shares of the Corporation ("Shares") issued on a "flow through" basis eligible for the renunciation of Canadian exploration expenses within the meaning of the Income Tax Act (Canada) for total gross proceeds of [Read more]
Bonavista Energy Corporation Announces Increase to Exchangeable Share Ratio
CALGARY, ALBERTA--(Marketwired - Dec. 1, 2014) - Bonavista Energy Corporation ("Bonavista") (TSX:BNP) is pleased to announce the increase to the Exchange Ratio of its exchangeable shares from 1.27391 to 1.28262. This increase will be effective on December 15, 2014 (the "Effective Date"). The following are the details of the calculation of the Exchange Ratio: [Read more]
Century Energy Ltd. Announces Closing of Private Placement of Units and Change of Management
CALGARY, ALBERTA--(Marketwired - Dec. 1, 2014) - Century Energy Ltd. ("Century" or the "Corporation") (NEX:CEY.H) is pleased to announce that it has completed its previously announced private placement and has issued an aggregate of 2,350,000 units of the Corporation (the "Units") at a price of $0.08 per Unit for gross proceeds of $188,000 (the "Offering"). Each Unit is comprised of one (1) common share in the capital of the Corporation ("Common Share") and one (1) share purchase warrant of the [Read more]
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