CALGARY, ALBERTA--(Marketwired - Aug. 20, 2015) - Baytex Energy Corp. ("Baytex") (TSX:BTE)(NYSE:BTE) announces updated guidance for 2015 and enhanced sustainability through a reduced capital program and suspension of the monthly dividend. "It is imperative that we position our company to withstand the current low commodity price environment. We are committed to taking the difficult but necessary steps to ensure the long-term sustainability of our business. We are also focused on driving our [Read more]
News
Tamarack Valley Energy Ltd. Announces Graduation to Toronto Stock Exchange
CALGARY, ALBERTA--(Marketwired - Aug. 20, 2015) - NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES Tamarack Valley Energy Ltd. (TSX VENTURE:TVE) ("Tamarack" or the "Company") is pleased to announce that it has received final approval for the listing of the Company's common shares (the "Common Shares") on the Toronto Stock Exchange (the "TSX"). The Common Shares will commence trading on the TSX effective as of the open of market on Monday, [Read more]
Eagle Energy Trust Announces Closing of Strategic Acquisition in the Twining Field, Alberta and Updates 2015 Guidance
CALGARY, ALBERTA--(Marketwired - Aug. 20, 2015) - Eagle Energy Trust (the "Trust" or "Eagle") (TSX:EGL.UN) is pleased to announce that it has completed the previously-announced acquisition of a private oil and gas company ("Privateco") with petroleum assets in the Twining Field in Alberta (the "Transaction") and has updated its 2015 guidance. The Transaction was valued at approximately $30 million, including Privateco's indebtedness, and was funded out of Eagle's existing credit facility of $US [Read more]
Trans Mountain tells NEB pipeline expansion is ‘safe and viable option’
VANCOUVER - An expanded Trans Mountain pipeline would add $18.2 billion to Canada's gross domestic product over 20 years, benefit First Nations and reduce environmental harm, Kinder Morgan says.The energy giant filed its final written submissions to the National Energy Board on Thursday, arguing the $5.4-billion proposal is a safe and viable option to transport diluted bitumen from Alberta's oilsands to British Columbia's coast."The scrutiny and rigour this project has undergone, both inside and [Read more]
Yoho Resources Inc. Announces Fiscal Q3 2015 Financial Results
CALGARY, ALBERTA--(Marketwired - Aug. 20, 2015) - Yoho Resources Inc. ("Yoho" or the "Company") (TSX VENTURE:YO) has filed today on SEDAR the financial statements for the nine months ended June 30, 2015 and the related managements' discussion and analysis ("MD&A"). Copies of these documents may be found on www.sedar.com. Highlights Yoho's production during fiscal Q3 2015 averaged 1,911 boe per day (38% oil and natural gas liquids), a 10% increase over [Read more]
Relentless Announces Financial and Operating Results for the Three and Six Months Ended June 30, 2015
CALGARY, ALBERTA--(Marketwired - Aug. 20, 2015) - Relentless Resources Ltd. ("Relentless" or "the Company") (TSX VENTURE:RRL) announces that it has issued its June 30, 2015 unaudited condensed interim financial statements and related MD&A. Additional information about Relentless is available on SEDAR at www.sedar.com or on the Company's website at www.relentless-resources.com. Operational and Financial Highlights In Q2 2015 the Company realized significant increases over Q1 [Read more]
Irving Oil to conduct $200 million maintenance project for Saint John refinery
SAINT JOHN, N.B. - Thousands of temporary jobs will be created in New Brunswick this fall during a maintenance and upgrade project at the Irving Oil refinery in Saint John described as the largest in the company's history.Company officials said Thursday the $200-million project, or turnaround as it is termed, will see half the refinery shut down for 60 days starting Sept. 16. The refinery's output will be halved to about 150,000 barrels a day while the work is underway.The company does a [Read more]
Kicking Horse Energy Inc. Announces Financial and Operating Results for the Three Months and Six Months Ended June 30, 2015
CALGARY, AB--(Marketwired - August 20, 2015) - Kicking Horse Energy Inc. ("Kicking Horse" or the "Company") (TSX VENTURE: KCK) reports its operating and financial results for the three and six months ended June 30, 2015. The condensed interim consolidated financial statements and notes, as well as Management's Discussion and Analysis ("MD&A") for the three and six months ended June 30, 2015, are available on Kicking Horse's website and have been filed on SEDAR.Highlights for Three Months Ended [Read more]
What’s Really At Stake With The Iran Nuclear Deal
Recently, I wrote on these pages that a remarkable turnaround was taking place in the President's fortunes. It's an impressive display of rising from the depths of falling popularity last fall, and it is starting to be felt in many areas, with major impacts on the future of energy. At his lowest point, the U.S. President was widely regarded as a lame duck, shedding influence and power, and on a down-hill slide. This was followed by a number of embarrassments, with one of the worst coming [Read more]
Tuscany Announces Financial and Operating Results for the Six Months Ended June 30, 2015
CALGARY, ALBERTA--(Marketwired - Aug. 19, 2015) - Tuscany Energy Ltd. (TSX VENTURE:TUS) is pleased to report satisfactory financial and operating results for the six months ended June 30, 2015. Highlights of Q2 2015: Production for the Quarter averaged 811 BOEd compared with 758 BOEd for Q2 2014. Revenues for the quarter totaled $3.4 million compared with $4.9 Million for Q2 2014. Cash flow for the [Read more]