CALGARY , May 5, 2013 /CNW/ - PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE - PWE) ("PENN WEST") is pleased to announce that effective immediately it has added two of the energy industry's most successful and distinguished leaders to its Board of Directors ("the Board") with the appointment of Mr. Rick George , as Chairman, and Mr. Allan Markin , as Vice-Chairman. Mr. George was instrumental in the building of one of Canada's most successful energy companies, Suncor Energy Inc. ("Suncor"). Mr. [Read more]
News
Trudeau praises Redford for Keystone efforts
By Dean Bennett, The Canadian Press EDMONTON - Federal Liberal Leader Justin Trudeau has praised Alberta Premier Alison Redford for her efforts to get the United States to approve the Keystone XL pipeline. But Trudeau said Prime Minister Stephen Harper's government hasn't done enough to push the project. "This (federal) government hasn't done a very good job of reassuring either Canadians or our trading partners that we are serious about managing environmental sustainability," Trudeau [Read more]
Sonde Resources Corp. Announces Retirement of President and Chief Executive Officer
CALGARY, ALBERTA--(Marketwired - May 3, 2013) - Sonde Resources Corp. ("Sonde" or the "Company") (SOQ.TO) (NYSE MKT:SOQ) announced today that Jack Schanck, President and Chief Executive Officer, has formally notified the Board of Directors of his intention to retire from Sonde for personal reasons. Mr. Schanck's retirement is effective on the earlier of June 30, 2013 and the appointment of a successor to the position of President and Chief Executive Officer. Mr. Schanck will also be retiring [Read more]
Gibson Energy Inc. Announces Additional Storage Tankage
CALGARY, May 3, 2013 /CNW/ - Gibson Energy Inc. ("Gibson" or the "Company"), TSX: GEI, is pleased to announce that it has received committed customer support for an additional 500,000 bbl crude oil storage tank at the Company's Hardisty Terminal. This new tank will be constructed on the Company's eastern Hardisty lands along with the two 400,000 bbl tanks announced in September, 2012 and the 300,000 bbl tank (now revised to 400,000 bbl) announced last month. Details are as follows: Site [Read more]
Groups demand that head of new Alberta energy regulator resign before he starts
EDMONTON – Almost three dozen landowner, labour, aboriginal and environmental groups are demanding that the man hired to head Alberta’s new energy regulator resign before he even starts. A letter signed by such organizations as the Treaty 8 First Nations, the Alberta Federation of Labour and the Canadian Association of Physicians for the Environment says industry insider Gerry Protti is not the appropriate choice. “I’ve seen biased appointments before, but this one tops the [Read more]
Advantage Acquires Securities of Questfire Energy Corp.
CALGARY, ALBERTA--(Marketwired - May 2, 2013) - On April 30, 2013, Advantage Oil & Gas Ltd. (AAV.TO)(AAV)("Advantage") directly acquired ownership and control of an aggregate of 1,500,000 class B shares ("Class B Shares") of Questfire Energy Corp. ("Questfire"), representing approximately 73% of the total issued and outstanding Class B Shares of Questfire and approximately 10.1% of the voting rights attached to the Class A shares of Questfire ("Class A Shares") and Class B Shares. In [Read more]
Kirby oilsands project ahead of schedule: CNRL
CALGARY – Canadian Natural Resources Ltd.’s Kirby South oilsands project will start up sooner than planned, the company said Thursday as it reported quarterly earnings that missed analysts’ expectations. The Calgary-based company (TSX:CNQ) had originally planned for first-steam at the 40,000-barrel-per-day project in November, but now it’s looking like that will take place during the third quarter. The company also said the Kirby project remains on budget. Canadian Natural [Read more]
RedWater Announces Financial and Operating Results for the Twelve Months Ended December 31, 2012
OKOTOKS, ALBERTA--(Marketwired - May 2, 2013) -RedWater Energy Corp. ("RedWater") (TSX VENTURE:RED) is pleased to report financial and operating results for the three and twelve month periods ended December 31, 2012. RedWater's interim condensed financial statements and related management's discussion and analysis for the three and twelve months ended December 31, 2012 have been filed and are available on the SEDAR website at www.sedar.com and may also be obtained on RedWater's website [Read more]
Canadian Natural Resources Limited Announces 2013 First Quarter Results
CALGARY, ALBERTA--(Marketwired - May 2, 2013) - Canadian Natural Resources Limited (TSX:CNQ) (NYSE:CNQ) Commenting on first quarter results, Steve Laut, President of Canadian Natural stated, "Overall this has been an excellent start to the year for Canadian Natural. Operationally it was a successful quarter, with record quarterly production of approximately 681,000 barrels of oil equivalent per day nearing the top end of our guidance and driven by record liquids production of approximately [Read more]
Petro-Canada stations running dry as repairs underway at Edmonton refinery
By The Canadian Press CALGARY - Some Petro-Canada stations are running out of gasoline because of repairs taking place at a refinery in Edmonton. Gasoline-producing units at the Edmonton refinery were supposed to keep running during a period of planned maintenance work, which began about a month ago. But during routine inspections, Petro-Canada discovered that repairs needed to be done and the gasoline units were taken out of service temporarily. "So as a result, we have had to stop [Read more]