CALGARY, ALBERTA--(Marketwired - Jan. 15, 2014) - Long Run Exploration Ltd. ("Long Run" or the "Company") (TSX:LRE) is pleased to announce that the Board of Directors has declared a dividend of $0.0335 per common share and per non-voting convertible share to be paid on February 14, 2014 to shareholders of record at the close of business on January 31, 2014. The ex-dividend date for this dividend is January 29, 2014. Shareholders are advised that this dividend is designated as an "eligible [Read more]
News
Connacher Provides Fourth Quarter 2013 Operational Update and Conference Call Details
CALGARY, Jan. 15, 2014 /CNW/ - Connacher Oil and Gas Limited (CLL - TSX; "Connacher" or the "Company") provides the following operational update for the fourth quarter 2013 ("Q4 2013"). All production related results disclosed herein are based on field estimates. Production and Operations Connacher's Great Divide production for Q4 2013 averaged 11,400 bbl/d. Production was 3% lower than the prior quarter (Q3 2013 11,788 bbl/d). Production in late November and early December was negatively [Read more]
Sonde Resources Corp. Announces Delisting of Common Shares on TSX and Application for Listing on TSXV
CALGARY, ALBERTA--(Marketwired - Jan. 15, 2014) - Sonde Resources Corp. ("Sonde" or the "Company") (TSX:SOQ)(NYSE MKT:SOQ) announced today that pursuant to an Expedited Review Process initiated by the TSX, its common shares will be delisted from the TSX at the close of market on February 18, 2014. The TSX concluded that Sonde no longer meets the continued listing requirements of the TSX as a result of the sale of substantially all of its Western Canada assets including all of its Southern [Read more]
Birchcliff Energy Ltd. Achieves Record Production Volumes, Increases 2014 Exit Production Guidance and Updates Hedging Program
CALGARY, ALBERTA--(Marketwired - Jan. 15, 2014) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Birchcliff Energy Ltd. ("Birchcliff") (TSX:BIR) is pleased to report the following record production volumes and updates: 2013 Exit Production Volumes. Estimated daily production during the last two weeks of December 2013 exceeded 30,000 boe per day, exceeding Birchcliff's previously estimated 2013 exit production volumes. January 2014 [Read more]
Keystone ‘decision time’ is upon Obama: Baird
WASHINGTON - John Baird is in Washington today pushing for a prompt decision on the Keystone XL pipeline.The foreign affairs minister is making public appearances with Keystone-friendly senators amid a string of meetings.The message from Baird and the senators is that the Obama administration shouldn't drag out the approval process any longer.At one news conference, Baird said "decision time" is upon us, later repeating the phrase to emphasize the point.When asked what else politicians can do to [Read more]
Pipeline critics blast unwieldy sign-up rules
VANCOUVER - Opponents of Kinder Morgan's proposed expansion of its Trans Mountain oil pipeline say the process for signing up to participate in public hearings is discouraging critics.Under new federal rules brought in last year, participation in such federal regulatory review hearings is limited to those who can prove they are directly affected by a project.Applications are being accepted by the National Energy Board from Jan. 15 to Feb. 12.The Wilderness Committee says the process now involves [Read more]
Kitimat to hold April plebiscite on pipeline
KITIMAT, B.C. - The District of Kitimat will hold a plebiscite on the proposed Northern Gateway pipeline in April to gauge support for the controversial project. Chief administrative officer Ron Poole says residents will vote on April 12, with advanced polls on April 2 and April 9. The dates were set this week when councillors approved the question, asking residents if they support the final recommendations of the Joint Review Panel, which issued a report in December saying the pipeline [Read more]
Cenovus, TransCanada CEOs defend oilsands; reject criticism by film, music celebrities
TORONTO - The chief executives of two of Canada's biggest energy companies say Canadians should be outraged by criticism of the oilsands. Cenovus Energy president and chief executive Brian Ferguson says environmental groups and Hollywood celebrities have been making baseless accusations that make front-page news even though they aren't true. He says the oil industry in Canada is a major source of jobs and that the oilsands are being developed responsibly. TransCanada president and CEO [Read more]
Rocker Neil Young’s oilsands comments missing the facts: Saskatchewan premier
REGINA - Saskatchewan Premier Brad Wall says musician Neil Young's comparison of the oilsands to Hiroshima is insensitive and ignorant of the facts. Wall says he believes Young lost a lot of credibility by making the comments before a concert in Toronto on Sunday. Young held a news conference during which he compared the landscape at a Fort McMurray industrial site to the devastation caused by the atomic bomb in Japan. Wall says he disagrees with how Young is characterizing the [Read more]
Redford says India keen for oilsands exports
EDMONTON - Premier Alison Redford says the government of India is keen on tapping into Alberta's oilsands bitumen for its rapidly expanding economy. Redford says the oilsands were just one topic she discussed with India's energy minister during her trade mission to India. Redford says the southeast Asian country's growing middle class needs imports of oil and gas. She says the energy minister also talked about shale gas development and India taking a stronger role in developing the [Read more]