CALGARY, ALBERTA--(Marketwired - April 1, 2015) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today closed the sale of its remaining 30 per cent interest in Gas Transmission Northwest LLC (GTN) to its master limited partnership, TC PipeLines, LP (NYSE:TCP) (the Partnership). GTN is a 2,178 kilometre (1,353 mile) pipeline that transports natural gas under long-term contracts from the Western Canada Sedimentary Basin and the Rocky Mountains to Washington, Oregon and California. [Read more]
Headlines
Former employee of energy company arrested after shots fired in Alberta facility
CLAIRMONT, Alta. - RCMP say a former employee of an energy services company in northern Alberta is facing firearms offences after several shots were fired inside the facility.Investigators say the man surrendered after a three-hour standoff Tuesday night at the Halliburton building in Clairmont, north of Grande Prairie.Two employees had locked themselves in a room in the building and hid inside with the lights off.They had no contact with the gunman and it appears he didn't know they were [Read more]
Veresen Announces Closing of $200 Million Preferred Share Offering
CALGARY, ALBERTA--(Marketwired - April 1, 2015) - Veresen Inc. ("Veresen") (TSX:VSN) is pleased to announce that it has closed its previously announced bought deal offering of 8,000,000 Cumulative Redeemable Preferred Shares, Series E (the "Series E Preferred Shares") at a price of $25.00 per share representing aggregate gross proceeds of $200,000,000 (the "Offering"). The Offering was made through a syndicate of underwriters co-led by Scotiabank, TD Securities Inc. and RBC Capital [Read more]
DeeThree Exploration Ltd. Announces Significant EOR Supported Alberta Bakken Well Test
CALGARY, ALBERTA--(Marketwired - April 1, 2015) - DEETHREE EXPLORATION LTD. ("DeeThree" or the "Company") (TSX:DTX)(OTCQX:DTHRF) is pleased to announce results from its latest Alberta Bakken horizontal well 11-20-3-16 W4M. This is the first well designed specifically to optimize the Company's ongoing gas re-injection Enhanced Oil Recovery ("EOR") scheme. The 2,000 meter horizontal lateral well was drilled in the base of the Alberta Bakken zone within the core EOR scheme area and near where the [Read more]
Veresen Announces Closing of Veresen Midstream Transaction
CALGARY, ALBERTA--(Marketwired - April 1, 2015) - Veresen Inc. (TSX:VSN) ("Veresen" or the "Company") is pleased to announce that Veresen Midstream Limited Partnership ("Veresen Midstream") has closed the acquisition of certain natural gas gathering and compression assets supporting Montney development in the Dawson area of northeastern British Columbia from Encana Corporation ("Encana") and the Cutbank Ridge Partnership ("CRP"). As part of this transaction, Veresen Midstream has agreed to [Read more]
Encana Completes Sale of Montney Midstream Assets
CALGARY, AB--(Marketwired - April 01, 2015) - (TSX: ECA) (NYSE: ECA) Encana Corporation ("Encana") and the Cutbank Ridge Partnership ("CRP"), a partnership between Encana and a subsidiary of Mitsubishi Corporation, have completed the previously announced sale of certain natural gas gathering and compression assets supporting development in the Montney area of northeastern British Columbia to Veresen Midstream Limited Partnership ("Veresen Midstream"), a 50/50 limited partnership of Veresen [Read more]
Anderson Energy Announces 2014 Fourth Quarter and Year End Results
CALGARY, ALBERTA--(Marketwired - March 31, 2015) - Anderson Energy Inc. ("Anderson" or the "Company") (TSX:AXL) announces its operating and financial results for the fourth quarter and year ended December 31, 2014. The Company will be filing its audited consolidated financial statements and management's discussion and analysis ("MD&A") for the years ended December 31, 2014 and 2013 on SEDAR today. Copies can be found under the Company's profile on www.sedar.com and on the Company's website [Read more]
Shoreline Energy Corp. Announces Financial and Operating Results for the Quarter and Year-Ended December 31, 2014
CALGARY, ALBERTA--(Marketwired - March 31, 2015) - Shoreline Energy Corp. (TSX:SEQ) ("Shoreline" or the "Company") reports its 2014 year end oil and gas reserves, as well as 2014 year-end financial and operating results. A complete copy of the Company's annual information form, financial statements, along with management's discussion and analysis may be obtained at www.sedar.com or on the Company's website at www.shorelineenergy.ca. Fourth Quarter 2014 Financial and Operating Highlights [Read more]
Terra Energy Announces 2014 Year-End Reserves Evaluation and Related Metrics
CALGARY, ALBERTA--(Marketwired - March 31, 2015) - Terra Energy Corp. ("Terra" or the "Company") (TSX:TT) announces the results of its year-end reserves evaluation, as prepared by GLJ Petroleum Consultants Ltd. ("GLJ") as at December 31, 2014 (the "GLJ Report"). This evaluation was performed in accordance with the requirements of National Instrument 51-101, Standards of Disclosure for Oil and Gas Activities ("NI 51-101"). In addition, the Company would like to announce the results of its [Read more]
Terra Energy Releases 2014 Year-End Financial Results
CALGARY, ALBERTA--(Marketwired - March 31, 2015) - Terra Energy Corp. ("Terra" or the "Company") (TSX:TT) announces its 2014 year-end financial results. Terra's 2014 Audited Financial Statements and Management's Discussion and Analysis may be obtained at www.sedar.com or www.terraenergy.ca. The Company's focus for 2014 was centered on the Company's multi-year plan to pursue its objective of becoming a more balanced energy producer. Although the Company made progress towards this objective [Read more]