CALGARY, ALBERTA--(Marketwired - Dec. 1, 2014) - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) announces that the November 2014 monthly cash dividend will be $0.30 per share and will be paid on December 31, 2014. The record date for the dividend is December 15, 2014 and the ex-dividend date is December 11, 2014. The dividend is paid monthly and is subject to commodity prices and production levels. The dividend is considered an "eligible dividend" for tax purposes. [Read more]
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CGX Energy Announces Settlement Agreement with Repsol
(TSX-V | OYL) TORONTO, Dec. 1, 2014 /CNW/ - CGX Energy Inc. ("CGX Energy") announced today the settlement of the claims brought against Repsol Exploración, S.A. ("Repsol") relating to the joint operating agreement governing the Georgetown Block (the "Georgetown JOA"), offshore Guyana (the "Settlement"). CGX Resources Inc. ("CGX Resources"), a wholly-owned subsidiary of CGX Energy, commenced an arbitration against Repsol in the London International Court of Arbitration and received an injunction [Read more]
CNOOC Limited – Panyu 34-1/35-1/35-2 Project Commences Production
HONG KONG, Dec. 1, 2014 /CNW/ - CNOOC Limited (the "Company", NYSE: CEO, SEHK: 00883, TSX: CNU) announced today that its Panyu 34-1/35-1/35-2 project commenced production. Panyu 34-1/35-1/35-2 project is located in the Pearl River Mouth Basin of the South China Sea with the water depth in the range of 195-338 meters. The project consists of three gas fields, namely Panyu 34-1, Panyu 35-1 and Panyu35-2. The main production facilities include one comprehensive platform, two sets of underwater [Read more]
NEB Approves TransCanada Mainline Tolls and Tariff
CALGARY, 28 Nov. 2014 /CNW/ - The National Energy Board (NEB or Board) today approved revised tolls and tariff for TransCanada PipeLines Limited's (TransCanada) Mainline System (Mainline).The reasons for the decision will be published in the coming weeks. The TransCanada Mainline collects about $1.6 billion in revenue annually. This decision approves the applied-for toll design for Mainline tolls for 2015 to 2020 and certain parameters for a toll-setting methodology up to 2030. The Board finds [Read more]
Pinecrest Energy Inc. announces its third quarter 2014 results
TSX Venture Exchange: PRY CALGARY, Nov. 28, 2014 /CNW/ - Pinecrest Energy Inc. ("Pinecrest" or the "Company") announces that it has filed on SEDAR its unaudited financial statements and related Management's Discussion and Analysis ("MD&A") for the three and nine month period ended September 30, 2014. The statements will be available for review at www.sedar.com or www.pinecrestenergy.com. September 30 Three months ended Nine months ended 2014 2013 2014 2013 FINANCIAL [Read more]
FortisBC provides $5 million to help build two of Western Canada's first LNG marine vessels
Seaspan to fuel new ferries with up to 200,000 gigajoules of LNG per year from Tilbury facility SURREY, BC, Nov. 28, 2014 /CNW/ - FortisBC announced today that it will provide $5 million in incentive funding toward two new vessels for Seaspan Ferries that will be able to run on liquefied natural gas (LNG). The incentives were made possible following the creation of the Government of B.C.'s Greenhouse Gas Reduction regulation in 2012 when FortisBC announced the $62 million program for fleet [Read more]
Huntington Corporate Update – Cancellation of Non-Brokered Financing
CALGARY, ALBERTA--(Marketwired - Nov. 28, 2014) - Huntington Exploration Inc. ("HEI" or the "Corporation") (TSX VENTURE:HEI) announced today that, further to its press release dated October 30, 2014, the Corporation has cancelled the previously announced non-brokered private placement offering of units, due to unfavourable market conditions. HEI is an exploration-focused Corporation actively pursuing opportunities in the oil and natural gas business in the Western Canada sedimentary [Read more]
Enbridge Inc. Acquires Interest in $650 Million Value Wind Portfolio From E.ON
CALGARY, ALBERTA--(Marketwired - Nov. 28, 2014) - Enbridge Inc. (TSX:ENB)(NYSE:ENB) today announced a deal whereby the Company will purchase an 80 percent interest in a portfolio of two wind farms in the U.S. from E.ON, one of the world's largest investor-owned power and gas companies. The agreed enterprise value for the portfolio is approximately US$650 million. The 203 megawatt (MW) Magic Valley 1 wind farm located near Harligen, Texas and the 202 MW Wildcat 1 wind farm near Elwood, [Read more]
Groundstar Resources Limited Provides Corporate Update
CALGARY, ALBERTA--(Marketwired - Nov. 27, 2014) - NOT FOR DISTRIBUTION TO THE U.S.A. NEWSWIRE SERVICES OR FOR DISSEMINATION TO THE U.S.A. Groundstar Resources Limited (the "Company") (TSX VENTURE:GSA) announces that the Company has terminated the consulting services agreement with the personal holding company of Chad Dust and has appointed Murray Stodalka, P.Eng., as Chairman of the Board of Directors effective immediately. About Groundstar Resources Limited Incorporated in 1968, Groundstar [Read more]
Desmarais Files September 30th, 2014 Third Quarter Financial Statements and MD&A
TSX Venture Exchange Symbol: DES CALGARY, Nov. 27, 2014 /CNW/ - Desmarais Energy Corporation (TSXV: DES) (the "Corporation" or "Desmarais") announces that it has filed its September 30, 2014 Financial Statements and MD&A on SEDAR at www.sedar.com. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Advisory: This press release may contain [Read more]