(AP) - On Monday, Verizon Communications Inc. agreed to pay $130 billion in cash, stock and other considerations to acquire Vodafone Group’s 45 percent stake in the Verizon Wireless business. The deal, if finalized, will be the second largest acquisition on record. According to research firm Dealogic, here are the other top 10 merger and acquisition deals on record. Dates reflect when the deals were announced, not when they closed. — Vodafone AirTouch PLC acquisition of Mannesmann AG, $172 [Read more]
Headlines
Obama seeks authorization to strike Syria
WASHINGTON (AP) -- Short on support at home and allies abroad, President Barack Obama unexpectedly stepped back from a missile attack against Syria on Saturday and instead asked Congress to support a strike punishing Bashar Assad's regime for the alleged use of chemical weapons. With Navy ships on standby in the Mediterranean Sea ready to launch their cruise missiles, Obama said he had decided the United States should take military action and that he believes that as commander in chief, he [Read more]
Blacksteel Energy Inc. Announces Resignation of Director
CALGARY, ALBERTA--(Marketwired - Aug. 30, 2013) - NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES Blacksteel Energy Inc. (TSX VENTURE:BEY) ("Blacksteel" or the "Corporation") announces that Greg McLean has resigned from the board of directors due to other commitments. The Corporation would like to thank Mr. McLean for his extensive contributions while on the board of Blacksteel. Blacksteel is a junior oil and gas company involved in [Read more]
Blackdog Resources Ltd. Announces Intention to Purchase Two Light Oil Properties in Alberta for $13,000,000
CALGARY, ALBERTA--(Marketwired - Aug. 30, 2013) - Blackdog Resources Ltd ("Blackdog" or the "Company") (TSX VENTURE:DOG) is pleased to announce that it has signed two separate non-binding Letters of Intent (the "LOI's") with two separate arm's length vendors to purchase two light oil properties in Northern Alberta (the "Acquisitions"). Under the terms of the LOI's, Blackdog will purchase both properties for a cumulative total of $13,000,000 in cash. The properties ("Property A and Property B") [Read more]
Shoreline Energy Corp. Announces Credit Facility Extension
CALGARY, ALBERTA--(Marketwired - Aug. 30, 2013) - Shoreline Energy Corp. (TSX:SEQ) ("Shoreline" or the "Company") is pleased to announce that it has received a 30 day extension from its lender ATB Financial to comply with certain working capital covenants under the terms of its loan facility. Shoreline requested the extension in order to have adequate time to complete closing of a new credit facility secured against its US assets which are not included in the Company's current borrowing base. [Read more]
Pine Cliff Completes Acquisition of Further Working Interests in Shallow Gas Assets and Assumes Operatorship
CALGARY, ALBERTA--(Marketwired - Aug. 30, 2013) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. Pine Cliff Energy Ltd. ("Pine Cliff") (TSX VENTURE:PNE) is pleased to announce that the previously announced acquisition of additional working interests in the Monogram Unit and the Southern Alberta and Southern Saskatchewan properties (the "Assets") for cash consideration of $13.25 million, prior to adjustments, has closed. Pine [Read more]
Apache And Sinopec Enter Upstream Oil And Gas Partnership
Apache to receive $3.1 billion in exchange for 33 percent interest in Apache Egypt HOUSTON, Aug. 29, 2013 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) and Sinopec International Petroleum Exploration and Production Corporation today announced they have launched a global strategic partnership to pursue joint upstream oil and gas projects. As the first step in this partnership, Apache will receive $3.1 billion in cash, subject to customary closing adjustments, in exchange for Sinopec [Read more]
Why gas is edging higher ahead of Labor Day
Gas is getting a bit pricier ahead of Labor Day weekend.The average U.S. price for a gallon of gasoline rose by 1.8 cents to $3.56 a gallon Thursday, its biggest overnight jump in six weeks, according to auto club AAA.Gas is starting to track the rising price of oil, which reached a two-year high this week on fears of supply disruptions in the Middle East. Oil has risen 5 per cent in August on worries about escalating violence in Egypt and the possibility of U.S. strike against [Read more]
Manitok Energy Inc. Announces Financial Results for the Second Quarter of 2013
CALGARY, ALBERTA--(Marketwired - Aug. 29, 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) announces its financial and operating results for the second quarter of 2013. The full text of Manitok's second quarter report containing its unaudited condensed interim financial statements as at and for the three and six months ended June 30, 2013 [Read more]
REALLY? Quebec premier has positive words for Enbridge pipeline project
CARLETON-SUR-MER, Que. - Quebec Premier Pauline Marois has defended a pipeline project that would see Western Canadian oil pumped across her province.Marois says the controversial Enbridge Inc. proposal to reverse the flow of one of its pipelines could be a boon for Quebec — particularly since it would supply oil refineries in Montreal.Speaking to reporters today, she said the Alberta crude would be cheaper than oil purchased from abroad.Marois says her government will begin a formal [Read more]
