CALGARY, ALBERTA--(Marketwired - June 26, 2013) - Tuscany Energy Ltd. ("Tuscany") (TSX VENTURE:TUS) and Diaz Resources Ltd. ("Diaz") (TSX VENTURE:DZR) today announced that they have mailed to shareholders of record as of the close of business on June 7, 2013, a joint information circular and proxy statement (the "Joint Information Circular") and related materials in connection with the annual and special meetings of the holders of common shares of Tuscany and Diaz to be held on July 15, 2013 to, [Read more]
BlackPearl Defers Establishment of Term Loan Facility for Its Onion Lake Thermal Project Due to Volatile Debt Markets
CALGARY, ALBERTA--(Marketwired - June 25, 2013) - BlackPearl Resources Inc. ("BlackPearl" or the "Company") (TSX:PXX)(OMX:PXXS) announced today that, due to recent volatility in the debt capital markets, it has decided not to proceed with its proposed US$350 million second-lien senior secured term loan facility at this time. The Company will re-evaluate its financing options when capital markets stabilize. Construction of the Onion Lake thermal enhanced oil recovery project will be deferred [Read more]
Canadian Natural Updates Status of Its Operations Following Southern Alberta Floods and Related Financial Support to Flood Relief Efforts
CALGARY, ALBERTA--(Marketwired - June 25, 2013) - Canadian Natural Resources Limited (TSX:CNQ)(NYSE:CNQ) - "The flooding events in Calgary and surrounding communities are certainly unprecedented in Alberta and have caused significant disruption to families and our city. First, our deepest sympathies go out to all those whose homes have been impacted by the flooding," commented Steve Laut, President. He continued "Our field operations remain stable and operational with very minor impact. [Read more]
Strata Oil Pursues Primary Heavy Oil Production Potential at Cadotte West
CALGARY, ALBERTA--(Marketwired - June 25, 2013) - Strata Oil & Gas Inc. ("Strata" or the "Company") (OTCQB:SOIGF)(OTCBB:SOIGF), as a result of the recent findings in its Resource Evaluation of the Cadotte West property released in May 2013, is investigating the potential for primary heavy oil production from its 100% owned Peace River lease block. Cold heavy oil production with sand or CHOPS, is a technique for extracting heavy crude oil (similar to that found in Strata's Cadotte oil [Read more]
Tamarack Valley Energy Ltd. Announces Strong Production Results From Its 2013 Spring Drilling Program
CALGARY, ALBERTA--(Marketwired - June 25, 2013) - Tamarack Valley Energy Ltd. ("Tamarack" or the "Company") (TSX VENTURE:TVE) is pleased to provide the following operational and drilling update from its 2013 spring drilling program. Cardium Drilling Results On March 9, 2013 Tamarack commenced a three well Cardium drilling program. The first two 100% owned wells in Lochend, Alberta were located at 14-32-26-3 W5M and at 3-29-26-3 W5M. The 3-29 well was stimulated using an 18 stage slick [Read more]
Suncor Energy reduces production as a result of flooding-related pipeline shutdowns
CALGARY, ALBERTA--(Marketwired - June 24, 2013) - Suncor Energy today reports that it has temporarily reduced production from its Fort McMurray operations as a result of the precautionary shutdown of the Enbridge pipeline system within the Fort McMurray region. "As a result of the precautionary pipeline shutdowns, our ability to move product out of the region has been restricted and we've temporarily slowed production at our oil sands operations," said Steve Williams, Suncor president and [Read more]
Enbridge Returns Line 19 South of Cheecham to Service; Provides Update on Line 37 Response
CALGARY, ALBERTA--(Marketwired - June 24, 2013) - Enbridge Pipelines (Athabasca) Inc., a subsidiary of Enbridge Inc., (TSX:ENB) (NYSE:ENB) has confirmed the return to service of the Athabasca Pipeline (Line 19) between Cheecham and Hardisty. Enbridge is making every effort to ensure the effective and efficient clean up of the release on Line 37, and in parallel to assess the existing pipelines that remain shut down and mitigate any risk to determine when they may be restarted. Enbridge shut [Read more]
Husky Contributes $1 Million to Flood Relief Efforts
CALGARY, ALBERTA--(Marketwired - June 24, 2013) - Husky Energy (TSX:HSE)(TSX:HSE.PR.A) is donating $1 million to help with flood response and relief efforts in southern Alberta. "We have witnessed the devastating impact of flooding, but also the resilience of those impacted and the dedication of first responders," said CEO Asim Ghosh. "Recovery will be a long process, with many lending a helping hand. We are pleased to join that effort." To assist with immediate relief efforts, $250,000 [Read more]
Southern Pacific Operations Not Affected by Alberta Flooding
CALGARY, ALBERTA--(Marketwired - June 24, 2013) - Southern Pacific Resource Corp. ("Southern Pacific" or the "Company") (TSX:STP) announced today that its operations at both STP-McKay and STP-Senlac were not impacted by the state of emergency and severe flooding that occurred in Calgary and southern Alberta. Southern Pacific's corporate head office in Calgary has been temporarily closed by the City of Calgary and is expected to open later this week. The Company has implemented effective [Read more]
Boil Water Order Issued for Town of Canmore
CANMORE, ALBERTA--(Marketwired - June 22, 2013) - Alberta Health Services has issued a boil water order, to the Town of Canmore (drinking water supply), in full. As such, effective immediately, ALL users of the Town of Canmore drinking water supply must bring water to a rolling boil for at least one minute prior to any consumption, including: Drinking Brushing teeth Cleaning raw foods Preparing infant formula or juices Making ice, etc. Water used for bathing, or for laundering [Read more]
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