CALGARY, Sept. 11, 2014 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE MKT: BXE) has been put on notice that two third party operated gas plants in the Ferrier / Willesden Green area are going offline during the third week of September 2014. Assuming the plants are offline for the expected timeframe, these temporary plant outages are expected to result in an aggregate net production restriction of 30,000 boe which is estimated to have an average impact on [Read more]
News
Leucrotta Acquires Additional Montney Lands
CALGARY, ALBERTA--(Marketwired - Sept. 11, 2014) - Leucrotta Exploration Inc. ("Leucrotta") (TSX VENTURE:LXE) is pleased to announce that it has significantly increased its Montney acreage in the greater Dawson area of Northeast British Columbia via three separate transactions. Leucrotta acquired 64,600 gross (54,400 net) acres of Montney rights in exchange for $16.5 million in cash plus 4,733,680 Leucrotta common shares. Combined with Leucrotta's current Montney acreage in the area, [Read more]
Blackbird Energy Inc. Announces Operations Update
CALGARY, ALBERTA--(Marketwired - Sept. 11, 2014) - Blackbird Energy Inc. (TSX VENTURE:BBI) ("Blackbird" or the "Company") is pleased to provide the following update on its operations and ongoing business. Completion of Additional Montney Land Acquisition and Receipt of Crown Lease Blackbird is pleased to report that it has closed its previously announced acquisition of 8 additional sections contiguous with its existing Elmworth Project and 77 sections of Montney prospective land in East [Read more]
Dejour’s Kokopelli Project Drilling Update
VANCOUVER, British Columbia--(BUSINESS WIRE)--Dejour Energy Inc. (NYSE MKT: DEJ / TSX: DEJ) (“Dejour” or the “Company”), an independent oil and natural gas exploration and production company operating in North America's Piceance Basin and Peace River Arch regions, updates current development progress underway at the Kokopelli Project (“Kokopelli”). The ’conductor’ rig has completed the setting of 20” casing for eight new production wells and one water disposal well on Pads 21A and 21B at [Read more]
Pembina Pipeline Corporation Increases Capacity of Phase III Pipeline Expansion and Secures Additional Volumes
New volumes under contract support increasing capacity of Pembina's previously announced Phase III Expansion; new 16" diameter pipeline to be built CALGARY, Sept. 10, 2014 /CNW/ - Pembina Pipeline Corporation ("Pembina" or "the Company") (TSX: PPL; NYSE: PBA) announced that due to strong customer demand, it plans to expand its previously announced Phase III pipeline expansions (the "Phase III Expansion") by constructing a new 16" diameter pipeline from Fox Creek, Alberta into Namao, Alberta [Read more]
Poland sees slump in natural gas deliveries from Russian, forcing halt to exports to Ukraine
WARSAW, Poland - Russian natural gas deliveries to Poland have dropped by almost a quarter this week, the country's gas monopoly said Wednesday, forcing it to stop supplying gas on to Ukraine.The reason for the drop was unclear, with Russian energy company Gazprom denying any fall in exports. Some commentators believe it to be retaliation by Moscow against Poland for its decision to help Ukraine with gas.Neighbouring Germany's energy company E.On also said it registered small reductions in [Read more]
High North Resources Announces Closing of $4,000,150 Financing
CALGARY, ALBERTA--(Marketwired - Sept. 10, 2014) - High North Resources Ltd. (TSX VENTURE:HN) (the "Company" or "High North") is pleased to announce that it has today successfully closed the previously announced private placement of 7,273,000 common shares issued on a "flow-through" basis under the Income Tax Act (Canada) (the "Flow-Through Common Shares") at a price of $0.55 per Flow-Through Common Share, for aggregate gross proceeds of $4,000,150 (the "Offering"). The Flow-Through Common [Read more]
Penn West Provides Update on Internal Review of Accounting Practices
CALGARY, Sept. 9, 2014 /CNW/ - PENN WEST PETROLEUM LTD. (TSX – PWT; NYSE – PWE) ("PENN WEST", the "COMPANY", "we", "us" or "our") today provides an update on the Audit Committee's review originally announced on July 29, 2014. Penn West reports that the Audit Committee's review is ongoing and that it continues to work diligently and devote all necessary resources to file its 2014 second quarter financial statements and related disclosures and its restated historical financial statements and [Read more]
Federal Industry Minister James Moore looking forward to Prentice as premier
CALGARY - Federal Industry Minister James Moore says he expects soon-to-be Alberta premier Jim Prentice will be a welcome ally when it comes to future pipeline projects.Prentice spent years in Stephen Harper's government in cabinet posts that included Indian Affairs and Northern Development, Environment and Industry.Prentice stepped away from politics in 2010 to take a corporate job in Calgary. He was also hired by Enbridge to try to bring First Nations on side with the company's Northern [Read more]
Delphi Energy Montney Success Continues
CALGARY, ALBERTA--(Marketwired - Sept. 9, 2014) - Delphi Energy Corp. ("Delphi" or the "Company") (TSX:DEE) is pleased to provide the following update. BIGSTONE MONTNEY Delphi has completed its tenth horizontal Montney well utilizing a 30 stage slickwater hybrid completion technique at 16-15-60-23 W5M ("16-15"). The 16-15 well (75 percent working interest) was drilled to a total depth of 5,903 metres with a horizontal lateral length of 2,949 metres and stimulated with a 30 stage slickwater [Read more]