Source: Data through March 2013: EIA-857, Monthly Report of Natural Gas Purchases and Deliveries to Consumers, April and May 2013: Bentek Energy LLC. Note: Figures for April and May 2013 are estimates from Bentek Energy LLC based on pipeline flows, represented as a dashed line. Natural gas use for industrial purposes was more than 3%, or 0.6 billion cubic feet per day, greater during the first five months of 2013 compared to the same period in 2012. Higher industrial gas usage reflects [Read more]
News
Manitok Energy Inc. Announces Flow Rate Test of 828 BOE/D on Its Latest Stolberg Cardium Oil Well
CALGARY, ALBERTA--(Marketwired - June 20, 2013) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA. Manitok Energy Inc. (the "Corporation" or "Manitok") (TSX VENTURE:MEI) is pleased to provide an update on its 2013 drilling program. The 15th Cardium oil well in Manitok's Stolberg drilling program was recently completed and production tested. It is the third horizontal Cardium oil well of a four well pad in which Manitok has a 33.3% [Read more]
Redford stresses same values with U.S. over Keystone XL pipeline
EDMONTON - Alberta Premier Alison Redford says the United States and Canada share political and environmental values and must work together to become energy independent of those who do not.Redford made the comments in a speech today to the Foreign Policy Association in New York City.Redford says until recently North Americans had no choice but to import oil from countries that didn't live up to their values.Redford didn't specify which countries don't share North American values, but [Read more]
Lone Pine Resources Receives Notice of Failure to Satisfy an Additional New York Stock Exchange Continued Listing Standard
CALGARY, ALBERTA--(Marketwired - June 19, 2013) - Lone Pine Resources Inc. ("Lone Pine" or the "Company") (TSX:LPR)(NYSE:LPR) today announced that the Company has received a notice of failure to satisfy an additional New York Stock Exchange ("NYSE") continued listing standard because the Company's average global market capitalization was less than US$75 million over a consecutive 30 trading-day period. Under applicable NYSE procedures, the Company has 45 days from the receipt of the notice to [Read more]
Anti Keystone billionaire steps up efforts, launches massive social media campaign
By Lee-Anne Goodman WASHINGTON - San Francisco billionaire Tom Steyer, a friend to Barack Obama and a major Democratic financier, is unveiling a social media campaign on Thursday that aims to rally the president's formidable online army of supporters against the proposed Keystone XL pipeline.Steyer and a coalition of environmental and social justice groups will be in the U.S. capital to step up their efforts against Calgary-based TransCanada, a company they accuse of wanting "to [Read more]
Carmen Energy Inc. Announces Board and Management Changes and Additions
CALGARY, ALBERTA--(Marketwired - June 19, 2013) - Carmen Energy Inc. (TSX VENTURE:CEI) ("Carmen" or the "Corporation") is pleased to announce that it has appointed Mr. Randy Harrison as the Corporation's new Chief Executive Officer. Mr. Harrison will also continue as a director of the Corporation. In addition the Corporation is pleased to announce that Messrs. James A. Letwin and Robert J. Derkitt have been appointed to the Corporation's Board of Directors. Mr. Archibald Nesbitt has resigned [Read more]
TransCanada Appoints New Independent Director
CALGARY, ALBERTA--(Marketwired - June 19, 2013) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced the appointment of a new independent director, Mr. John Richels, effective immediately. Mr. Richels has been the president and chief executive officer of Devon Energy Corporation (Devon) since 2010, having previously served as president of Devon since 2004. Prior to that, he served as a senior vice president of Devon and president and chief executive officer of Devon's [Read more]
Madalena Announces Increase to Financings for Gross Proceeds of Up To $7.75 Million
CALGARY, ALBERTA--(Marketwired - June 19, 2013) - THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR TO ANY UNITED STATES NEWS SERVICES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW. Madalena Ventures Inc. (the "Company" or "Madalena" (TSX VENTURE:MVN) is pleased to announce that, further to its earlier news release of June 19, 2013, it has increased the size of the announced financings by approximately $1.75 million, such [Read more]
Birchcliff Energy Ltd. Mourns the Passing of Board Member Scotty Cameron
CALGARY, ALBERTA--(Marketwired - June 19, 2013) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Birchcliff Energy Ltd. ("Birchcliff" or the "Corporation") (TSX:BIR) regrets to announce the passing of Gordon W. (Scotty) Cameron, on June 18, 2013, a founding shareholder and Director of Birchcliff, at the age of 82. "We are deeply saddened by the loss of our friend, Scotty Cameron" said Jeff Tonken, President and CEO of Birchcliff. [Read more]
Alexander Energy Ltd. Announces Change of Directors and New CEO
CALGARY, ALBERTA--(Marketwired - June 19, 2013) - Alexander Energy Ltd. ("Alexander" or the "Company") (TSX VENTURE:ALX) is pleased to announce that Mr. Dan Wilson, P.Eng. and Mr. Bill Macdonald are joining the Board of Directors effective June 19, 2013. In addition Mr. Wilson was appointed CEO of Alexander Energy effective June 19th. Mr. James Sanden, the previous CEO, remains as Chairman of the Board. Mr. Peter Lubey and Mr. Al Rasmuson have resigned their positions as Directors of [Read more]