CALGARY, ALBERTA--(Marketwired - Nov. 3, 2015) - Delphi Energy Corp. (TSX:DEE) ("Delphi" or the "Company") is pleased to report that it has closed the previously announced disposition of its working interests in producing properties, facilities and infrastructure and undeveloped land in the greater Hythe area for proceeds of $12.0 million. Disposition Details of the divested assets are as follows: Production for the seven months ending July [Read more]
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TransCanada Reports Third Quarter 2015 Financial Results
CALGARY, ALBERTA--(Marketwired - Nov. 3, 2015) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced net income attributable to common shares for third quarter 2015 of $402 million or $0.57 per share compared to $457 million or $0.64 per share for the same period in 2014 and $1.2 billion or $1.72 per share compared to $1.3 billion or $1.81 per share on a year-to-date basis. Comparable earnings for third quarter 2015 were $440 million or $0.62 per share compared to $450 [Read more]
Cardinal Energy Ltd. Announces Third Quarter Results
CALGARY, ALBERTA--(Marketwired - Nov. 3, 2015) - Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX:CJ) is pleased to announce its operating and financial results for the three and nine months ended September 30, 2015. The Company also announces that its unaudited financial statements and management's discussion and analysis for the quarter ended September 30, 2015, are available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com and on Cardinal's [Read more]
Mayor of town where Keystone would begin says it’s not the only game in town
HARDISTY, Alta. - The mayor of the southeast Alberta community where the Keystone XL pipeline would begin says news that TransCanada Corp. has asked the U.S. government to temporarily suspend its application comes as a blow.Anita Miller calls the move "really unfortunate" and says it's going to affect "lots and lots of people" in Hardisty, Alta., particularly in support businesses such as gas stations, hotels and restaurants.But she adds Keystone is not the only game in town. While activity has [Read more]
Lightstream Announces Third Quarter Production of 30,255 boepd and Funds Flow From Operations of $45 Million
CALGARY, ALBERTA--(Marketwired - Nov. 2, 2015) - Lightstream Resources Ltd. (the "Company" or "Lightstream") (TSX:LTS) announces our third quarter financial and operating results. THIRD QUARTER FINANCIAL & OPERATING HIGHLIGHTS Third quarter 2015 production averaged 30,255 boepd (71% light oil and liquids weighted), a 5% decrease from second quarter 2015 production due to a reduced capital program and third-party facility restrictions. Average production for the first nine months of [Read more]
TransCanada Asks State Department to Pause Keystone XL Review
CALGARY, ALBERTA--(Marketwired - Nov. 2, 2015) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced it has sent a letter to Secretary John Kerry of the U.S. State Department asking the Department to pause its review of the Presidential Permit application for the Keystone XL pipeline. The company believes there is sound precedent for making this request. "We are asking State to pause its review of Keystone XL based on the fact that we have applied to the Nebraska [Read more]
Newfoundland and Labrador introduces new generic royalty regime for offshore oil
ST. JOHN'S, N.L. - The Newfoundland and Labrador government released details of its new generic offshore oil royalty regime on Monday, saying the simplified system will make the province more competitive on the world stage.Natural Resources Minister Derrick Dalley said the new framework will see royalty rates increase as fields become more profitable, but he insisted the new generic regime will also provide a more predictable starting point for energy companies.Under the old regime, the province [Read more]
Tidewater Midstream and Infrastructure Ltd. Announces Strategic Acquisitions and Establishment of Credit Facility
CALGARY, ALBERTA--(Marketwired - Nov. 2, 2015) - Tidewater Midstream and Infrastructure Ltd. ("Tidewater" or the "Corporation") (TSX VENTURE:TWM) is pleased to announce that it has entered into two acquisition agreements with vendors (the "Vendors") to acquire a 100% working interest in a gas processing facility and related pipelines and infrastructure (the "Gas Plant Acquisition") for approximately $17 million, as well as the acquisition of a retail propane business (the "Retail Propane [Read more]
Enbridge Energy Partners, L.P. Declares Distribution and Reports Earnings for Third Quarter 2015
HOUSTON, TX--(Marketwired - Nov 2, 2015) - Enbridge Energy Partners, L.P. (NYSE: EEP) ("Enbridge Partners" or "the Partnership") announced today that the board of directors of the delegate of its general partner has declared a cash distribution of $0.583 per unit, or $2.332 per unit on an annualized basis, representing a 5 percent increase compared with the third quarter of 2014. The distribution will be paid on November 13, 2015 to unitholders of record as of the close of business on November [Read more]
Sunshine Oilsands Ltd.: Extension of Closing of Private Placement Under Specific Mandate
HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - Nov. 2, 2015) - Sunshine Oilsands Ltd. (the "Corporation" or "Sunshine") (HKEX:2012) wishes to announce the following: Extension of Closing Date for Private Placement under Specific Mandate Reference is made to the announcements of the Corporation dated June 1, 2015 (Hong Kong), July 28, 2015 (Hong Kong), August 21, 2015 (Hong Kong) and October 1, 2015 (Hong Kong) and the circular of the Corporation dated June 22, 2015 (the [Read more]