CALGARY, Jan. 19, 2016 /CNW/ - Keyera Corp. (TSX:KEY) announced today that it expects to release its 2015 year-end results after market close on Wednesday, February 10, 2016. A conference call and webcast have been scheduled for Thursday, February 11, 2016 at 8:00 am Mountain Time (10:00 am Eastern Time) for interested investors, analysts, brokers and media representatives. The conference call dial-in number is 888-231-8191 or 647-427-7450. A recording of the conference call will be available [Read more]
Bayou City Energy Partners with Alta Mesa Holdings to Develop STACK Acreage
HOUSTON, Jan. 19, 2016 /PRNewswire/ -- Bayou City Energy ("Bayou City", "BCE" or the "Firm") announced its affiliate, BCE-STACK Development LLC ("DrillCo") has entered into a Joint Development Agreement ("JDA") with Oklahoma Energy Acquisitions, LP, a wholly owned subsidiary of Alta Mesa Holdings, LP ("AMH", or the "Company") to finance the drilling of joint wells on the Company's acreage in the core of the STACK play in Kingfisher County, Oklahoma. The drilling program initially calls for [Read more]
Whitecap Adapts to Current Pricing Environment and Provides Revised Outlook for 2016
CALGARY, Jan. 19, 2016 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") announces that in response to the severe decline in crude oil prices in the past few weeks, we are implementing multiple initiatives to adapt to the lower prices. Our priority in the current commodity price environment is to protect our balance sheet and to re-calibrate our business plan to ensure long-term sustainability while being positioned for an eventual commodity price recovery. Capital Reduction [Read more]
Cross Timbers Royalty Trust Declares January Cash Distribution
DALLAS, Jan. 19, 2016 /PRNewswire/ -- Southwest Bank, as Trustee of the Cross Timbers Royalty Trust (NYSE:CRT), today declared a cash distribution to the holders of its units of beneficial interest of $0.168727 per unit, payable on February 12, 2016, to unitholders of record on January 29, 2016. The following table shows underlying oil and gas sales and average prices attributable to the current month and prior month distributions. Underlying Sales Volumes Average Price Oil (Bbls) [Read more]
Hugoton Royalty Trust Declares No Cash Distribution For January
DALLAS, Jan. 19, 2016 /PRNewswire/ -- Southwest Bank, as Trustee of the Hugoton Royalty Trust (NYSE:HGT) (the "Trust"), today reported that it will not declare a monthly cash distribution to the holders of its units of beneficial interest for the month of January 2016. The following table shows underlying gas sales and average prices attributable to the net overriding royalty payments made by XTO Energy Inc. (XTO Energy) to the Trust for both the current month and prior month distribution. [Read more]
Permian Basin Royalty Trust Announces January Cash Distribution
DALLAS, Jan. 19, 2016 /PRNewswire/ -- Permian Basin Royalty Trust (NYSE: PBT) ("Permian") today declared a cash distribution to the holders of its units of beneficial interest of $0.014734 per unit, payable on February 12, 2016, to unit holders of record on January 29, 2016. This month's distribution decreased slightly from the previous month due to a decrease in the pricing of both oil and gas on the Texas Royalty Properties, whereas the Waddell Ranch Properties were in deficit this month and [Read more]
Sundyne Scores Success With Vertical API 685 Sealless Magnetic Drive Pumps
ARVADA, Colo., Jan. 19, 2016 /PRNewswire/ -- Sundyne, a global leader in the design and manufacture of highly-engineered high-head, low-flow pumps and compressors for use in the global oil and gas production, refining, petrochemical and chemical industries, recently secured a contract to supply 4 LMV-801S vertical inline sealless, magnetic-drive pumps to a new chemical processing plant being built in Freeport, Texas. This award is the first for the recently launched LMV-801S, which combines [Read more]
Rocsole Ltd. Plans Aggressive Growth Following Major Investment Funding from Repsol and Partners
KUOPIO, Finland, Jan. 19, 2016 /PRNewswire/ -- Rocsole Ltd., a leading provider of real-time tomography solutions for industrial process applications, such as oil and gas transportation, is exploring global growth opportunities after receiving substantial investment from key industry leaders. The next phase will include establishing sales and service centers in all major markets served, including North America, Asia and Europe. "This fresh capital gives us the resources we need to better serve [Read more]
Transforming the Saudi Economy with Tourism, Tax and Transparency
RIYADH, Saudi Arabia, January 19, 2016 /PRNewswire/ -- Decreasing Saudi Arabia's reliance on oil revenues could include the introduction of VAT and so-called sin taxes, increasing religious tourism and securing major investments to build vibrant education, transport, and healthcare sectors, with each of these strategies being considered in the biggest reform of the Saudi economy for decades. Other issues under consideration include the partial privatization of selected state assets - including [Read more]
TSX Venture Exchange Daily Bulletins
VANCOUVER, Jan. 15, 2016 /CNW/ - TSX VENTURE COMPANIES ABCOURT MINES INC. ("ABI")BULLETIN TYPE: Private Placement-Non-BrokeredBULLETIN DATE: January 15, 2016TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing the documentation with respect to a Non-Brokered Private Placement: Number of Shares: 4,934,500 flow-through class B shares Purchase Price: $0.06 per flow-through class B share Number of Placees: 15 Placees Insider / Pro Group [Read more]
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