CALGARY, ALBERTA--(Marketwired - Apr 29, 2013) - "Suncor's unique integrated business model is driving strong and consistent financial results, allowing us to make a step change in the dividends we pay our shareholders while continuing to invest in profitable growth," said Steve Williams, president and chief executive officer. "We have the resources, the assets, the balance sheet and the strategy to continue to grow shareholder returns." Operating earnings of $1.367 billion ($0.90 per common [Read more]
News
Suncor Energy increases dividend and amends Normal Course Issuer Bid program
CALGARY, ALBERTA--(Marketwired - Apr 29, 2013) - Suncor Energy's Board of Directors has approved an increase in the company's quarterly dividend to $0.20 per common share, from the previous level of $0.13 per common share and amended its Normal Course Issuer Bid (NCIB) to allow for the repurchase of up to an additional $2 billion of common shares. "Suncor is dedicated to delivering a dividend that is reliable, sustainable, meaningful and competitive," said Steve Williams, Suncor chief [Read more]
Deputy Alberta energy minister named chief executive of new provincial regulator
CALGARY - Alberta's former deputy minister of energy and environment has been named CEO of the province's new oil and gas regulator. Jim Ellis will handle the day-to-day operations of the revamped energy watchdog, which has a $200-million budget and will employ nearly 1,000 people. Ellis says a big part of his job will be ensuring Alberta has good environmental oversight for Canadian oil and gas sold to international customers. The inability to access the best paying markets - [Read more]
Palliser Oil & Gas Corporation announces Normal Course Issuer Bid
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATE/ CALGARY , April 29, 2013 /CNW/ - Palliser Oil & Gas Corporation ("Palliser" or the "Company") (PXL.V) is pleased to announce that the TSXV Venture Exchange ("TSXV") has accepted Palliser's Notice of Intention to make a Normal Course Issuer Bid (the "Bid") to purchase for cancellation, from time to time, as Palliser considers advisable, up to a maximum of 5,909,409 common shares (the "Common [Read more]
TriOil Announces Appointment of New Director, Approval of Advance Notice Bylaw, and the Date of its Annual General and Special Meeting of Shareholders
CALGARY , April 29, 2013 /CNW/ - TriOil Resources Ltd. ("TriOil" or the "Company" - TSXV:TOL) announces the appointment of Glen D. Roane as a director of the Company and the adoption of an advance notice bylaw (the "Bylaw"). In addition, the Company confirms that its annual general and special meeting of shareholders will be held on Tuesday, June 25, 2013 (the "Shareholders Meeting"). Appointment of New Director The board of directors (the "Board") has appointed Mr. Roane to serve as a member [Read more]
Woah! Former Liberal prime minister intends to let Americans know the benefits of Keystone
CALGARY - A former Liberal prime minister says he plans to head to Washington, D.C., to speak out in favour of the Keystone XL pipeline. John Turner, who is 83, says he intends to spend time with Canadian Ambassador Gary Doer before meeting with some leaders in both the U.S. Congress and Senate. "I may be introducing him to a few people," said Turner with a chuckle while attending a luncheon speech in Calgary on Monday. "I'd like to meet with the president, No. 1, but I doubt [Read more]
Canadian Spirit Resources Inc. Announces 2012 Financial Results and Filing of Annual Disclosure Documents
CALGARY, ALBERTA--(Marketwired - Apr 29, 2013) -Canadian Spirit Resources Inc. ("CSRI" or the "Corporation") (TSX VENTURE:SPI) (CSPUF) announces the release of its financial results for the year ended December 31, 2012 and the filing of its 2012 annual audited Financial Statements, Management Discussion and Analysis ("MD&A") and Forms 51-101F1, F2 and F3. This news release summarizes information contained in the audited financial statements and MD&A for the year ended December 31, [Read more]
Whitecap Resources Inc. Announces Dodsland Viking Light Oil Acquisition, $110 Million Financing and Provides Increased 2013 Guidance
CALGARY, ALBERTA--(Marketwired - April 29, 2013) - Whitecap Resources Inc. ("Whitecap" or the "Company") (WCP.TO) is pleased to announce that it has entered into an agreement to purchase an existing Viking light oil waterflood asset in the Dodsland area of west central Saskatchewan for total consideration of $110 million (the "Acquisition"). The Acquisition adds 900 boe/d (95 percent light oil) of high netback, operated production with a long reserve life index and a low base decline of 20 [Read more]
Gibson Energy Inc. Confirms Items to be Voted on at its Upcoming Annual and Special Meeting
CALGARY, April 29, 2013 /CNW/ - Gibson Energy Inc. ("Gibson" or the "Company"), TSX: GEI, reminds its shareholders of its upcoming annual and special meeting (the "Meeting"). At the Meeting, shareholders will be asked to approve, among other things, an amendment to the Company's articles and an amendment to the Company's equity incentive plan, each as further described in the management information circular of Gibson dated April 4, 2013 (the "Circular"). Shareholders should note that in the [Read more]
Angle Energy Inc. Appoints Chief Financial Officer
CALGARY, ALBERTA--(Marketwired - Apr 29, 2013) - Angle Energy Inc. ("Angle" or the "Company") (NGL.TO) today announced the appointment of Ken D. Hillier, C.A., as its Chief Financial Officer effective April 29, 2013. Mr. Hillier replaces Stuart Symon whose retirement, effective March 31st, was announced on January 9, 2013. Mr. Hillier is a Chartered Accountant with over 30 years' experience in financial reporting and analysis, strategic planning, capital markets and investor relations. Most [Read more]