/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S./ CALGARY, Nov. 25, 2013 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Corporation") (TSXV: YGR) announces it has agreed with the underwriters to re-allocate the previously announced financing. Due to increased demand for Canadian development expenses the allocation of CDE flow through Shares has been increased by $1,000,000 and the allocation of common shares has been reduced by the same amount. Yangarra will [Read more]
News
Border Announces Quarterly Financials, Asset Disposition and Resignation of Director
CALGARY, ALBERTA--(Marketwired - Nov. 25, 2013) - Border Petroleum Corp. (TSX VENTURE:BOR) ("Border" or the "Corporation") announces that its September 30, 2013 unaudited condensed consolidated interim financial statements and management's discussion & analysis ("MD&A") have been filed on SEDAR on November 25, 2013 and can be viewed at www.sedar.com. The Corporation also advises that: Its demand revolving operating facility of $3.5 million has been terminated. [Read more]
Enbridge’s $2.6 Billion Sandpiper Project Secures Anchor Shipper, Reinforcing Light Oil Market Access Program
HOUSTON, TEXAS and CALGARY, ALBERTA--(Marketwired - Nov. 25, 2013) - Enbridge Energy Partners, L.P. (NYSE:EEP) ("Enbridge Partners" or "the Partnership") and Enbridge Inc. (TSX:ENB) (NYSE:ENB) ("Enbridge") today announced that Marathon Petroleum Corporation ("MPC") has been secured as an anchor shipper for the $2.6 billion Sandpiper Pipeline Project ("Project") component of Enbridge's overall $6.2 billion Light Oil Market Access Program ("LOMA Program") which was announced on December 6, 2012. [Read more]
MEG Energy Announces Warburg Pincus $157 Million Secondary Offering
CALGARY, ALBERTA--(Marketwired - Nov. 25, 2013) - . MEG Energy Corp. (TSX:MEG) (the "Company") today announced that one of its principal shareholders, WP Lexington Private Equity B.V. ("WP Lex"), an affiliate of Warburg Pincus LLC ("Warburg Pincus"), has entered into an agreement with BMO Capital Markets ("BMO") to complete a secondary offering under which BMO has agreed to purchase 5,000,000 common shares of the Company (the "Common Shares") held by WP Lex at a purchase price [Read more]
Yangarra Announces $13.5 million Bought Deal Financing
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S./ CALGARY, Nov. 25, 2013 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Corporation") (TSX Venture: "YGR") announces it has entered into a equity financing agreement, on a bought deal basis, with AltaCorp Capital Inc., as lead underwriter, Dundee Capital Markets, Paradigm Capital Inc., Acumen Capital Finance Partners Limited and MGI Securities Inc. (collectively, the "Underwriters"). Under the terms of the [Read more]
Twin Butte Energy Ltd. announces $85 million bought deal convertible debenture offering
/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES/ CALGARY, Nov. 25, 2013 /CNW/ - Twin Butte Energy Ltd. (TSX: TBE) ("Twin Butte") announced today that it has entered into an agreement to sell, on a bought deal basis to a syndicate of underwriters co-led by National Bank Financial Inc. and Peters & Co. Limited, $85 million aggregate principal amount of 6.25% convertible unsecured subordinated debentures, due December 31, 2018 (the "Debentures") at a price of [Read more]
Enbridge CEO Monaco touts benefits of Line 9 pipeline reversal project
MONTREAL - Enbridge's chief executive touted the benefits of his company's pipeline reversal project Monday on the eve of public hearings on the issue by a Quebec legislative committee. Al Monaco said that he was confident that project will win approval by the National Energy Board and support from the provincial committee. "I would never say it's a done deal. We have to go through the process (but) we're confident that we'll get approval," he told reporters after speaking to the Canadian [Read more]
Aroway Energy Inc. Reports Positive Income for First Quarter 2014
CALGARY, ALBERTA--(Marketwired - Nov. 25, 2013) - AROWAY ENERGY INC. (TSX VENTURE:ARW) (OTCQX:ARWJF) (www.arowayenergy.com) (the "Company") is pleased to announce it has filed on SEDAR its interim financial statements and related management discussion and analysis ("MD&A") for the three months ended September 30, 2013. Selected financial and operational information is outlined below and should be read in conjunction with the financial statements and related MD&A which are available for [Read more]
Birchcliff Energy Ltd. Announces Closing of $59 Million Disposition
CALGARY, ALBERTA--(Marketwired - Nov. 25, 2013) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Birchcliff Energy Ltd. ("Birchcliff") (TSX:BIR) is pleased to announce the closing of its $59 million disposition of its non-core Progress Doe Creek Assets. The sale transaction included approximately 520 boe per day of light oil production, 2.7 million boe of proved reserves and 4.5 million boe of proved plus probable reserves. The [Read more]
Strategic Oil & Gas Ltd. Announces Executive Changes
CALGARY, ALBERTA--(Marketwired - Nov. 25, 2013) - Strategic Oil & Gas Ltd. ("Strategic" or the "Corporation") (TSX VENTURE:SOG) announces the following executive changes: Michael A. Zuk has joined Strategic Oil & Gas Ltd. as Vice-President, Business Development. Mr. Zuk has over 7 years of experience in sell-side capital markets, most recently as a publishing research analyst at Stifel Nicolaus covering small and large cap oil and gas producers. Mr. Zuk holds a Bachelor of [Read more]