Company Attributes 432% Growth to the Energy Industry’s Digital Transformation Calgary, AB, November 7th 2019 — Aucerna (www.aucerna.com) today announced it ranked 254th on Deloitte’s Technology Fast 500™ and 4th on Deloitte’s Enterprise Fast 15™. The Technology Fast 500 is a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Aucerna grew 432% during this period. Aucerna co-founder and CEO, Wayne Sim, [Read More…]
Headlines
Pengrowth Energy Corporation Receives Support of Secured Debtholders in Respect of the Arrangement
CALGARY, Alberta, Nov. 14, 2019 (GLOBE NEWSWIRE) -- Pengrowth Energy Corporation (“Pengrowth” or the “Company”) (TSX:PGF, OTCQX:PGHEF) today announced that, in connection with its previously announced proposed business combination with Cona Resources Ltd. (the “Purchaser”), a portfolio company of Waterous Energy Fund (“WEF”), by way of a plan of arrangement (the “Arrangement”) under the Business Corporations Act (Alberta), Pengrowth and the Purchaser have entered into support agreements (the [Read More…]
Montana lawmakers seek more time for Keystone XL public, tribal input
Montana lawmakers representing Native American tribal members called on the state's congressional delegation and the U.S. State Department on Thursday to extend the public comment period for the environmental review of the Keystone XL pipeline, saying tribes were not properly consulted. "We are particularly concerned with the lack of formal consultation with tribal governments whose natural and cultural resources could be significantly impacted," the 10 members of the State-Tribal Relations [Read More…]
Crescent Point Announces Sale of Saskatchewan Gas Infrastructure Assets for $500 Million
CALGARY - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX and NYSE: CPG) is pleased to announce that it has entered into a definitive agreement (the "Agreement") to sell certain associated gas infrastructure assets (the "Assets") in Saskatchewan to Steel Reef Infrastructure Corp. ("Steel Reef" or the "Purchaser") for total cash consideration of $500 million. "Through the sale of these gas infrastructure assets, we will unlock value for our shareholders and further [Read More…]
Birchcliff Energy Ltd. Announces Solid Q3 2019 Results and Preliminary Outlook for 2020
Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce its financial and operational results for the three and nine months ended September 30, 2019 and its preliminary outlook for 2020. Birchcliff’s unaudited interim condensed financial statements for the three and nine months ended September 30, 2019 and related management’s discussion and analysis (the “MD&A”) will be available on its website at www.birchcliffenergy.com and on SEDAR at www.sedar.com. [Read More…]
Heavy discount narrows to near one-month low
The discount on Canadian heavy crude narrowed versus U.S. benchmark West Texas Intermediate (WTI) crude on Thursday to the smallest discount in nearly one month, since before the Keystone pipeline shut down last month. Western Canada Select (WCS) heavy blend crude for December delivery in Hardisty, Alberta, was trading at $16.50 per barrel below WTI, according to Net Energy Exchange, compared with Wednesday's settle of $17.85 below. The differential was as narrow as $15.25, the smallest in [Read More…]
Tourmaline and Topaz Announce Completion of Previously-Announced Transaction
CALGARY, Nov. 14, 2019 /CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline") and Topaz Energy Corp. ("Topaz") are pleased to announce that they have completed the previously-announced transaction creating Topaz, a unique, private, hybrid royalty and infrastructure company with an $800 million capitalization and aggressive long-term growth plans. The transaction includes the purchase by Topaz of interests in certain revenue generating assets from Tourmaline for consideration consisting of [Read More…]
KML Announces Proxy Statement Mailing for Pembina Transaction
Special Meetings of KML Voting Shareholders and Preferred Shareholders to Approve Transaction Scheduled for December 10 CALGARY, Nov. 14, 2019 /CNW/ - Kinder Morgan Canada Limited (TSX: KML) announces the mailing this week of its information circular and proxy statement, together with the letters of transmittal and related proxy materials, to holders of KML restricted voting shares and special voting shares (together, Voting Shareholders) and holders of KML preferred shares (Preferred [Read More…]
‘Pick a lane:’ Alberta premier fires back at Bloc Quebecois leader
CALGARY - Alberta Premier Jason Kenney says Bloc Quebecois Leader Yves-Francois Blanchet needs to "pick a lane." Kenney reacted in Calgary to comments the national separatist-party leader made after a meeting with Prime Minister Justin Trudeau in Ottawa. Blanchet says anyone seeking more independence for the West to promote the oil and gas sector should not come to him for advice. And he says if people are "trying to create an oil state in Western Canada, they cannot expect any help [Read More…]
Column: Sorting wheat from chaff: Learning about electric vehicle progress from the media is like learning about a deal-of-the-century from a used car dealer
Ah, Saturday mornings. Nothing quite like them. First, take the poop machine for a walk in the fresh morning air, then back in for coffee and a multi-decade staple – US automotive show Motorweek. The show remains worth watching because it keeps up with the times, more or less (the host’s two-extra-yards-of–fabric suits have not), and now includes a regular and interesting electric vehicle component. What’s particularly fascinating about the show’s EV component is that it provides a glimpse [Read More…]
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