CALGARY, AB/ Troy Media/ – A new study in the Journal Nature Climate Change is being touted (as they all are) a potential game-changer that proves vast quantities of additional study are needed before pondering whether or not a simple pipeline might be constructed between Alberta, and the Texas Gulf Coast. This study, in essence, asks an economically simple (if not simplistic) question: “What happens to global oil sales if Keystone is built, and if it carries enough oil to world markets to [Read more]
News
Leonardo DiCaprio visits Fort McMurray after producing anti-oil documentary
Leonardo DiCaprio has landed in Fort McMurray to get a first-hand glimpse of northern Alberta's oilsands. According to a source quoted in the Edmonton Journal: “Leo is in town for a few days working on an environmental documentary,” a source close to DiCaprio said Thursday night. “He wanted to hear about and see — first-hand — the oilsands and their impact on the planet.” The visit comes just a day after DiCaprio-narrated short-video, Carbon (watch below), was released. After his [Read more]
Hawk Announces Second Quarter 2014 Results
CALGARY, Aug. 22, 2014 /CNW/ - Hawk Exploration Ltd. ("Hawk" or the "Corporation") is pleased to announce its results for the three and six months ended June 30, 2014. The Corporation's interim financial statements for the three and six months ended June 30, 2014 and its management's discussion and analysis for the three and six months ended June 30, 2014 are available for viewing on SEDAR at www.sedar.com under Hawk's profile or on the Corporation's website at www.hawkexploration.ca under [Read more]
Marquee Energy Ltd. Announces Second Quarter 2014 Financial Results with Record Funds Flow and Production
CALGARY, Aug. 21, 2014 /CNW/ - Marquee Energy Ltd. ("Marquee" or the "Company") (TSXV: "MQL") (OTCQX: MQLXF) is pleased to report record funds flow from operations and production for the second quarter of 2014. The Company's financial statements and Management's Discussion and Analysis ("MD&A") for the three and six months ended June 30, 2014 are available on SEDAR at www.sedar.com and on Marquee's website at www.marquee-energy.com. Financial and Operational Highlights [Read more]
SilverWillow Energy Corporation Announces Results for the Quarter Ended June 30, 2014
CALGARY, Aug. 21, 2014 /CNW/ - SilverWillow Energy Corporation (TSXV:SWE) has filed its second quarter financial statements and management's discussion and analysis for the quarter ended June 30, 2014. The second quarter financial statements and management's discussion and analysis are available for viewing on our website at www.swenergy.ca and on SEDAR at www.sedar.com. In light of the progress made to date by the corporation in scaling back its operations to reduce expenses, as well as [Read more]
Vancouver to take Trans Mountain pipeline challenge to Federal Court
VANCOUVER - The city of Vancouver is going to court to try and have global climate change considered in Kinder Morgan's Trans Mountain pipeline proposal.The city will ask the Federal Court of Appeal on Friday for a judicial review of the National Energy Board process for the project.Vancouver officials already asked the board to take climate change into account but the regulator decided in July it would not.Now the city wants the court to decide, said Sadhu Johnston, deputy city manager."What [Read more]
LGX Oil + Gas Inc. enters into $30 million bank facility, increases exit production and capital budget guidance, and spuds first horizontal well in 2014 Alberta Bakken development drilling program
CALGARY, Aug. 21, 2014 /CNW/ - LGX Oil + Gas Inc. ("LGX" or the "Company") (TSXV:OIL) is pleased to announce that it has spud the first horizontal well in its 2014 Alberta Bakken development drilling program, revised its 2014 exit production guidance to 1,500 Boe per day from the previously announced exit production guidance of 1,400 Boe per day and replaced its previous banking facility with a new $30 million banking facility. LGX spud the first well (15-25-8-24W4) of a budgeted two well [Read more]
Sahara Energy Ltd. Announces Closing of Private Placement
CALGARY, ALBERTA--(Marketwired - Aug. 21, 2014) - Sahara Energy Ltd. (TSX VENTURE:SAH) (Sahara) announces that it has closed the previously announced private placements with JF Investment (Hong Kong) Co., Limited (JF Investment) for the purchase by JF Investment of common shares in the capital of Sahara (Sahara Shares), for aggregate proceeds of $16.2 million. Five million Sahara Shares were acquired at $0.12 per share and 195 million Sahara Shares were acquired at $0.08 per share. Upon closing [Read more]
National Energy Board to hear oral Aboriginal traditional evidence for Trans Mountain Expansion Project
CALGARY, Aug. 21, 2014 /CNW/ - The National Energy Board (NEB or the Board) will begin hearing oral traditional evidence from registered Aboriginal intervenors for the Trans Mountain Pipeline Expansion Project on Monday 25 August in Edmonton. The hearings will begin at 9 am at the Edmonton Hotel & Convention Centre and the public is welcome to attend. The Board recognizes that Aboriginal peoples have an oral tradition for sharing stories, lessons, and knowledge from generation to [Read more]
Kallisto Announces Closing of Flow-Through Share Private Placement and Q2 2014 Filings
CALGARY, ALBERTA--(Marketwired - Aug. 21, 2014) - Kallisto Energy Corp. (TSX VENTURE:KEC) ("Kallisto" or the "Company") announces that it has completed a non-brokered private placement by issuing 7,185,714 common shares on a "flow-through basis" (the "Flow Through Shares") at a price of $0.07 per Flow Through Share for gross proceeds of $503,000. The gross proceeds from the sale of the Flow Through Shares will be used to fund Canadian development expenses at Minnehik - Buck Lake, which will be [Read more]