CALGARY, July 20, 2015 /CNW/ - 3MV Energy Corp. ("3MV" or the "Company") (TSXV: TMV) is pleased to announce that all matters set out in our management information circular dated June 8, 2015 for the 2015 Annual Meeting of Shareholders held on July 16, 2015 (the "Meeting") were approved by shareholders. The detailed results of the vote are set out below: Director Nominee Votes For % For Votes Withheld % Withheld Ronald B. [Read more]
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Artisan Energy Announces Brokered Private Placement
CALGARY, ALBERTA--(Marketwired - July 20, 2015) - Artisan Energy Corporation ("Artisan" or the "Corporation") (TSX VENTURE:AEC) is pleased to announce that it has entered into an engagement letter with Richardson GMP Limited ("Richardson GMP") pursuant to which Richardson GMP will offer for sale, on a commercially reasonable efforts basis, up to 13,333,333 common shares of the Corporation at a price of $0.15 per common share for aggregate gross proceeds of up to $2,000,000 (the "Private [Read more]
Canada needs to expand crude oil market: Natural resources minister
HALIFAX - Canada needs to expand its market opportunities for crude oil now that a deal on Iran's nuclear program is expected to open up that country's oil supply to international trade, Natural Resources Minister Greg Rickford said Monday.Speaking during a press conference at the Energy and Mines Ministers' Conference in Halifax, Rickford said market access is not a priority, it's an imperative.He said Canada is well-positioned to expand its market given its political and economic [Read more]
Petromin announces private placement
VANCOUVER, July 20, 2015 /CNW/ - Petromin Resources Ltd. ("Petromin" or the "Company") is pleased to announce a non-brokered private placement (the "Private Placement") to raise aggregate gross proceeds of up to $300,000 through the issuance of up to 6,000,000 units (each a "Unit") at a price of $0.05 per Unit. Each Unit will be comprised of one common share of Petromin and one common share purchase warrant (a "Warrant"). Each Warrant will be exercisable to acquire one additional common share of [Read more]
A sobering look at the Alberta economy
The dominant theme for the energy sector in Alberta since the NDP took power has been a sweeping wave of uncertainty. Energy executives have been delaying investment decisions, and laying off employees. Until industry is comfortable with both energy price stability, and Provincial government policy, the uncertainty will remain. Under this fog of uncertainty, it has been difficult to quantify the damage done to the Alberta economy. Recent Provincial data, however, suggests that the Alberta [Read more]
Media Advisory: Keystone Pipeline System Safely Delivers One Billionth Barrel of Oil, Bringing Jobs, Growth and Energy Security to the U.S. and Canada
CALGARY, ALBERTA--(Marketwired - July 20, 2015) - TransCanada Corporation (TSX:TRP)(NYSE:TRP) (TransCanada) today announced it has safely delivered the one billionth barrel of Canadian and U.S. crude oil on the Keystone Pipeline System, contributing to U.S. energy security and generating, to date, close to US$200 million in property taxes for schools, roads, hospitals and more than 14,000 construction jobs for the 11 states and provinces it crosses. The Keystone Pipeline System is one of the [Read more]
Liquefied natural gas project in Cape Breton gets export approval from U.S.
HALIFAX - A proposed liquefied natural gas facility in Cape Breton has received export approval from the U.S. Department of Energy.Bear Head LNG Corp. says the approval would authorize it to bring up to 440 billion cubic feet per year of U.S. natural gas to Canada and to export up to eight million tonnes of liquefied natural gas per year to free trade countries.The company says it is now waiting for the same authorization from Canada's National Energy Board.Environmental approval was granted by [Read more]
Zargon Oil & Gas Ltd. Announces Appointment of Director
CALGARY, ALBERTA--(Marketwired - July 20, 2015) - Zargon Oil & Gas Ltd. (TSX:ZAR)(TSX:ZAR.DB) ("Zargon") is pleased to announce that Ron Wigham has been appointed to the Zargon Board of Directors effective July 20, 2015 and will also serve as a member of the Company's Governance and Compensation Committee. Mr. Wigham is currently President of Wigham Resources Limited and a director of Spur Resources Ltd., both private oil and gas companies. He retired in 2014 as Vice-Chairman of Peters [Read more]
Area aboriginals want long term clean-up of Nexen spill
FORT MCMURRAY, Alta. - The clean up of a massive pipeline spill in northern Alberta must be conducted with the long-term future of the land in mind, say area First Nations."Our biggest concern is the land," said Byron Bates, a band councillor of the Fort McMurray First Nation, which sits about 10 kilometres from the five-million-litre bitumen spill.Bates said the area around the spill isn't used as much for hunting, trapping and other traditional purposes as it was before industry built up on [Read more]
B.C. to pass 25-year LNG law, industry asks for better tax treatment
VICTORIA - A liquefied natural gas industry: the British Columbia government fought an election on it, launched an extraordinary summer legislative session and made financial concessions, but it still isn't enough for the companies that want even lower taxes and have expressed concerns over the availability of workers.The Liberal government's LNG dream is expected to move towards reality this week when a bill is adopted for a 25-year agreement on what could be B.C.'s first LNG plant.B.C.'s [Read more]