CALGARY, ALBERTA--(Marketwired - June 11, 2013) - Encana (TSX:ECA)(NYSE:ECA) - Encana announced today that its Board of Directors has appointed Doug Suttles as its President & Chief Executive Officer and a director of the company. Doug Suttles is a seasoned executive, with 30 years of oil and gas leadership experience. He has led oil and gas businesses in numerous countries and consistently delivered strong results. Most recently, Doug has served as Chief Operating Officer, BP [Read more]
Encana to Announce New President & CEO June 11, 2013
CALGARY, ALBERTA--(Marketwired - June 10, 2013) - Encana Corporation (TSX:ECA)(NYSE:ECA) A news release will be distributed prior to the opening of the New York Stock Exchange and Toronto Stock Exchange to announce Encana's new President & CEO in Calgary, Alberta on the morning of June 11, 2013 at approximately 6:00 a.m. MT (8:00 a.m. ET). Following the announcement, Encana will host a conference call for the investment community at 9 a.m. MT (11 a.m. ET) and a media roundtable at [Read more]
Bonterra Energy Corp. Announces $24 Million Bought Deal Financing
CALGARY, ALBERTA--(Marketwired - June 10, 2013) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA Bonterra Energy Corp. (Bonterra) (www.bonterraenergy.com) (TSX:BNE) announces that it has entered into an agreement with a syndicate of Underwriters pursuant to which the Underwriters have agreed to purchase on a bought deal basis 481,500 common shares at a price of $49.85 per Common Share (the "Issue Price") for aggregate gross [Read more]
Canadian Oil Sands Announces Coker Turnaround
CALGARY, ALBERTA--(Marketwired - June 10, 2013) - Canadian Oil Sands Limited ("COS") (TSX:COS) (OTCQX:COSWF) announced today that Syncrude has commenced a turnaround on Coker 8-1. The turnaround was scheduled to occur in the second half of 2013 but has been advanced due to reduced throughput following an outage on an associated boiler unit, which underwent unplanned maintenance in May as previously disclosed. The turnaround is anticipated to take approximately 50 days. COS [Read more]
Sonde Resources Corp. Announces Further Extension of Farm-Out of Joint Oil Block
CALGARY, ALBERTA--(Marketwired - June 7, 2013) - Sonde Resources Corp. ("Sonde" or the "Company") (TSX:SOQ) (NYSE MKT:SOQ) announced today that the original Farm-Out Agreement with Viking Energy North Africa Limited ("Viking") has been extended by mutual agreement until July 31, 2013. An extension of the closing date for the Farm-Out Agreement was obtained to allow the parties to complete the negotiation of the documentation reflecting the amendments required by the Joint Oil Board of Directors [Read more]
Crescent Point Energy Announces Board Member Changes
CALGARY, ALBERTA--(Marketwired - June 6, 2013) - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) announces that Paul Colborne has resigned from his role as a director of the Company, effective immediately. Mr. Colborne has resigned to enable him to focus on new commitments in the oil and gas industry. Crescent Point thanks Mr. Colborne for his many contributions to the Company and for his outstanding leadership and dedication. Mr. Colborne was a founder of [Read more]
Epsilon Energy Ltd. Acquires Operating Partner’s Interest in Saskatchewan Joint Venture
CONCORD, ONTARIO--(Marketwired - June 6, 2013) - Epsilon Energy Ltd. ("Epsilon") (TSX:EPS) is pleased to announce it has acquired its operating partner's 50% joint venture interest in Saskatchewan for CAD $2.4 million. The transaction will increase Epsilon's leasehold interests in Saskatchewan from approximately 28,234 net acres to 49,007 net acres. In addition, Epsilon will acquire all oil production, third party agreements, well interests and equipment. The joint venture was formed in [Read more]
Argosy Energy Inc. Announces Receivership and Resignation of Directors
CALGARY, ALBERTA--(Marketwired - June 6, 2013) - Argosy Energy Inc., (TSX:GSY) which includes its wholly owned subsidiary, Radius Resources Corp. (the "Company") announces that, pursuant to an order of the Court of Queen's Bench of Alberta (the "Court") dated May 30, 2013, FTI Consulting Canada Inc. has been appointed as the receiver and manager of all of the Company's assets, undertakings and property. In addition, the Court has approved the transactions (the "Transactions") [Read more]
Aroway Energy Inc. Discovers Oil Pool and Builds on Land Position in New Core Area
CALGARY, ALBERTA--(Marketwired - June 6, 2013) - AROWAY ENERGY INC. (TSX VENTURE:ARW) (OTCQX:ARWJF) (www.arowayenergy.com) (the "Company") is pleased to announce that it was successful in acquiring a section of land at the recent Alberta crown land sale. The 640 acre parcel of land adjoins Aroway's 100% owned and operated Kirkpatrick Lake producing assets and is strategic to the growth of Aroway's new core area. The Company also announces that it has filed a Good Production Practice ("GPP") [Read more]
Enbridge Launches Second Open Season for Southern Access Extension
CALGARY, ALBERTA--(Marketwired - June 5, 2013) - Enbridge (TSX:ENB) (NYSE:ENB) today announced a second binding open season ("Open Season") to solicit additional commitments from shippers for capacity on the proposed Southern Access Extension pipeline, to be constructed, owned and operated by U.S. subsidiary Enbridge Pipelines (Illinois) L.L.C. (the "Carrier"). The new pipeline will transport crude oil from Pontiac, Illinois, at Enbridge's Flanagan Terminal, where it will receive crude oil from [Read more]
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