CALGARY, ALBERTA--(Marketwired - Aug. 6, 2015) - Alliance Pipeline advises that an amount of hydrogen sulfide (H2S) entered into its mainline pipeline system as a result of complications experienced by an upstream operator. Alliance is carefully and safely managing the situation. In order to correct the situation Alliance is commencing mitigation activities which are expected to result in a zero flow condition on the pipeline. It is anticipated that this will begin impacting commercial [Read more]
News
Keyera to Acquire 50% Ownership Interest in a Portion of Grand Rapids Diluent Pipeline
CALGARY, Aug. 6, 2015 /CNW/ - Keyera Corp. (TSX:KEY) ("Keyera") today announced that it has agreed to acquire a 50% interest in the southernmost portion of the 20-inch diluent Grand Rapids Pipeline (the "Pipeline"). The 45-kilometre (28 mile) pipeline will be constructed by Grand Rapids Pipeline Limited Partnership ("Grand Rapids"), an affiliate of TransCanada PipeLines Limited ("TransCanada") and Brion Energy Corporation. The Pipeline will extend from Keyera's Edmonton Terminal ("KET") to [Read more]
Freehold Royalties Ltd. Announces 2015 Second Quarter Results
CALGARY, ALBERTA--(Marketwired - Aug. 6, 2015) - Freehold Royalties Ltd. (Freehold) (TSX:FRU) announced second quarter results for the period ended June 30, 2015. RESULTS AT A GLANCE Three Months Ended Six Months Ended June 30 June 30 FINANCIAL ($000s, except as noted) 2015 2014 Change 2015 2014 Change Gross revenue 38,004 54,676 -30% 65,755 103,876 -37% Net income 3,919 19,598 -80% 25,536 37,452 -32% Per share, basic and diluted [Read more]
Grand Rapids Contributes Portion of Diluent Pipeline to Keyera Joint Venture
CALGARY, ALBERTA--(Marketwired - Aug. 6, 2015) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada or the Company) today announced that the Grand Rapids Pipeline Limited Partnership (Grand Rapids) has entered into an agreement to contribute the southernmost portion of the 20-inch diluent Grand Rapids Pipeline into a 50/50 joint venture with Keyera Corp. (TSX:KEY). The 45-kilometre (28-mile) pipeline will be constructed by Grand Rapids and will extend from Keyera's Edmonton Terminal to [Read more]
Eagle Energy Trust Releases Second Quarter Results
CALGARY, ALBERTA--(Marketwired - Aug. 6, 2015) - Eagle Energy Trust ("Eagle" or the "Trust") (TSX:EGL.UN) is pleased to report its financial and operating results for the second quarter of 2015. "During the second quarter of 2015, Eagle continued to maintain a strategic position with a strong balance sheet and stable production base," said Richard Clark, Eagle's President and Chief Executive Officer. "With reported sales volumes of 3,034 boe per day, we remain consistent with our 2015 full [Read more]
Pengrowth Reports Seven Percent Increase in Corporate Production, Stable Funds Flow in the Second Quarter and Ongoing Measures to Protect Its Financial Health and Stability
CALGARY, ALBERTA--(Marketwired - Aug. 6, 2015) - Pengrowth Energy Corporation (TSX:PGF) (NYSE:PGH) is pleased to announce its financial and operating results for the three and six months ended June 30, 2015. The Company continued to deliver on its commitments, increasing its production, providing stable funds flow and moving to enhance the strength of its balance sheet. Pengrowth achieved solid production growth in the second quarter of 2015, with daily production averaging 74,113 barrels of [Read more]
Sintana Energy Inc. Completes Business Combination with Mobius Resources Inc.
TORONTO, ONTARIO--(Marketwired - Aug. 6, 2015) - Sintana Energy Inc. ("Sintana") (TSX VENTURE:SNN) and Mobius Resources Inc. ("Mobius") (TSX VENTURE:MBS) are pleased to announce that they have completed their previously announced business combination (the "Business Combination"). Prior to the Business Combination, Sintana was engaged in the acquisition, exploration and development of oil and gas properties in Colombia's Magdalena Basin. Mobius was an oil and gas exploration company existing [Read more]
Saturn Receives Final Approval and Closes Flow-Through and Non Flow-Through Private Placements
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 6, 2015) - Saturn Minerals Inc. (TSX VENTURE:SMI)(FRANKFURT:SMK) ("Saturn" or the "Company") is pleased to announce that further to the Company's news release dated July 28, 2015, the Company received the final approval of the TSX Venture Exchange (the "TSXV") and closed its previously announced non-brokered flow-through and non flow-through private placements of 615,000 flow-through units (the "FT Units") and 3,555,000 non flow-through units (the [Read more]
Pembina Pipeline Corporation Reports Second Quarter 2015 Results
Continuing to progress growth projects; secured $380 million of new fee-for-service projects during the second quarter All financial figures are in Canadian dollars unless noted otherwise. This news release contains forward-looking statements and information that are based on Pembina Pipeline Corporation's ("Pembina" or the "Company") current expectations, estimates, projections and assumptions in light of its experience and its perception of historic trends. Actual results may differ [Read more]
Imperial appoints senior vice-president, finance & administration & controller
B.A. Babcock to succeed P.J. Masschelin effective September 1, 2015 P.J. Masschelin appointed general auditor, internal audit, Exxon Mobil Corporation CALGARY, Aug. 6, 2015 /CNW/ - Imperial announced today the appointment of B.A. (Beverley) Babcock as senior vice-president, finance & administration & controller, effective September 1, 2015. Ms. Babcock, currently vice-president corporate financial services, Exxon Mobil Corporation, succeeds P.J. (Paul) Masschelin, who has been [Read more]