CALGARY, ALBERTA--(Marketwired - July 15, 2013) - NOT FOR DISSEMINATION INTO THE UNITED STATES OF AMERICA OR DISTRIBUTION TO U.S. Canadian Energy Services & Technology Corp. ("CES" or the "Company") (TSX:CEU)(OTCQX:CESDF) is pleased to announce that it has acquired the drilling fluids business assets (the "Acquisition") of Venture Mud One, L.P. ("Venture Mud") and certain additional assets from affiliates of Venture Mud including VM Transports, LLC, Venture Services, LLC, and [Read more]
News
Shoreline Energy Corporation Provides Update on the Closing of the Final Tranche of the Flow-Through Private Placement
CALGARY, ALBERTA--(Marketwired - July 15, 2013) - NOT FOR DISTRIBUTION IN THE UNITED STATES Shoreline Energy Corp. (TSX:SEQ) ("Shoreline" or the "Company") is pleased to announce that further to the Company's press release dated July 3, 2013, the Company anticipates closing the final tranche of its flow through private placement (the "Offering") on or about July 23, 2013 at which time Shoreline will publish its third quarter capital expenditure program and associated guidance. [Read more]
Pengrowth Announces 51 Percent Increase in Proved Plus Probable Reserves at Lindbergh
CALGARY, ALBERTA--(Marketwired - July 15, 2013) - Pengrowth Energy Corporation (TSX:PGF) (NYSE:PGH) today announced that, in conjunction with the July 12, 2013 Alberta Environment Protection and Enhancement Act (EPEA) approval of the first commercial phase of the Lindbergh thermal bitumen project (Lindbergh), GLJ Petroleum Consultants Ltd. (GLJ) has provided an update of bitumen reserves and contingent resources for Lindbergh. The July 15, 2013 update, effective July 31, 2013, results in the [Read more]
RockBridge Completes Acquisition of Producing Properties in Alberta
VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 15, 2013) - RockBridge Resources Inc. ("RockBridge" or the "Company") (TSX VENTURE:RBE) is pleased to announce that its wholly owned subsidiary, RockBridge Energy Alberta Ltd., has completed the purchase of certain oil and gas properties in southern Alberta from the receiver of Avatar Energy Ltd. of Calgary. The acquisition includes working interests from 25% to 95% in 6 wells producing a net of approximately 36 BOEPD, weighted 35% to crude oil [Read more]
Alliance Pipeline Offers Post-2015 Capacity
CALGARY, July 15, 2013 /CNW/ - Alliance Pipeline announced today it is offering capacity on its system for natural gas transportation services effective December 1, 2015. Starting August 15, 2013, through a Precedent Agreement process, customers can express interest in December 1, 2015 capacity on the Alliance system. Capacity will be allocated on a first come, first served basis as Precedent Agreements are executed. "Since last October, when we launched our proposed New Services Framework, [Read more]
For Obama’s climate plan, devil is in the details
WASHINGTON (AP) — Frustrated by a recalcitrant Congress, President Barack Obama has vowed to take climate change into his own hands. Now he has to deliver. Three weeks after giving an ambitious speech to outline his proposal, the president begins the arduous task of executing it. Obama’s plan is a complicated mix of rule-making and federal permitting that’s tough to encapsulate in a neat sales pitch — and may be even tougher to put into action. By pledging to use his authority under [Read more]
Oil near $106 as China slowdown, plunging U.S. supplies weighed
BANGKOK (AP) - Oil marked time near US$106 a barrel Monday as traders navigated conflicting signals about the strength of future demand: slowing China growth and plunging U.S. fuel stockpiles.Benchmark crude for August delivery was up 3 cents at $105.98 a barrel at early afternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The contract jumped $1.04 to $105.95 in New York on Friday.Oil is up about 10 per cent so far this month. It has been jolted higher by [Read more]
Twin Butte Energy Ltd. Provides Operational Update
CALGARY, July 15, 2013 /CNW/ - Twin Butte Energy Ltd. (TSX: TBE) ("Twin Butte" or the "Company") is pleased to provide an operational update. Based on field estimates for June, average production for Q2 2013 is estimated to be between 16,500 and 16,700 boe per day, falling slightly short of internal expectations of 17,200 boe per day or a 3% variance. Extremely wet weather and prolonged spring breakup conditions severely limited the Company's ability to access leases and truck produced oil, [Read more]
Pengrowth Receives Regulatory Approval for the 12,500 Barrel Per Day First Commercial Phase of the Lindbergh Thermal Bitumen Project
CALGARY, ALBERTA--(Marketwired - July 15, 2013) - Pengrowth Energy Corporation (TSX:PGF)(NYSE:PGH) announced today that it has received Environmental Protection and Enhancement Act (EPEA) approval for the 12,500 barrel per day (bbl/d) first commercial phase of its Lindbergh thermal project in east central Alberta. The approval contains no conditions that materially change cost, scope or timing of the project. This decision marks the culmination of approximately 18 months of project review by [Read more]
Five more bodies found in Lac Megantic, official death toll now stands at 33
LAC-MEGANTIC, Que. - Five more bodies have been found in the charred debris in Lac-Megantic to bring the official death toll to 33.Another 17 people are missing and presumed dead.Nine of the 33 dead have been identified.Authorities have released the name of only one victim so far.They will release seven more names tonight and the name of the ninth person identified is to be made public on Monday. [Read more]