REGINA - Saskatchewan's premier says he's hopeful that the Keystone XL oil pipeline will be approved now that it has cleared a major hurdle in the U.S. legislative process.The Republican-controlled House of Representatives has passed a bill to approve the US$8-billion pipeline that would carry bitumen from Alberta to refineries and ports in Texas.And supporters have said they are confident they'll have the 60 votes needed when the bill goes before the Senate next week.Brad Wall says there is [Read more]
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US House of Representatives overwhelmingly passes Keystone XL bill
WASHINGTON – The Republican-controlled House of Representatives has passed legislation to approve the Keystone XL oil pipeline from Canada to Texas, and the Senate may follow next week. The House voted 252-161 on a bill sponsored by Republican Rep. Bill Cassidy of Louisiana. The pipeline has been stalled by environmental reviews, objections to its route and politics for six years. But the latest bid by House Republicans has the best chance of reaching President Barack Obama’s [Read more]
Energy giant wins injunction to rid anti-pipeline activists from B.C. site
VANCOUVER - Activists facing off against energy giant Kinder Morgan have been ordered off a Metro Vancouver conservation site by a B.C. Supreme Court judge who also noted the importance of considering citizens' opposition to activities they view as destructive.Associate Chief Justice Austin Cullen granted the company an injunction Friday, saying a group of anti-pipeline protesters must dismantle encampments on Burnaby Mountain by 4 p.m. Monday."It is, of course, important to consider the [Read more]
Shoreline Energy Corp. Announces the Closing of Sale of its Wattenburg Royalty Interests for US$7.7 Million, Agreement to Sell Its Wattenburg Working Interest Assets
CALGARY, ALBERTA--(Marketwired - Nov. 14, 2014) - Shoreline Energy Corp. (TSX:SEQ) ("Shoreline" or the "Corporation") is pleased to announce that it has closed the sale of its Wattenburg royalty interests for total proceeds of US$7.7 million (approximately $8.7 million Canadian Dollars based on current exchange rates). Shoreline intends to use the proceeds of this sale, combined with cash on hand, to repay the Corporation's three secured creditors including retirement of its royalty obligation, [Read more]
Tamarack Valley Energy Ltd. Announces 2014 Third Quarter Financial and Operating Results
CALGARY, ALBERTA--(Marketwired - Nov. 14, 2014) - Tamarack Valley Energy Ltd. (TSX VENTURE:TVE) ("Tamarack" or the "Company") is pleased to announce that a successful drilling program in the Wilson Creek area contributed to estimated average production of 7,950 boe/d during the last week of October with additional behind pipe production capability of approximately 400 boe/d. In addition, Tamarack has drilled 9 net Cardium wells in Wilson Creek so far during the fourth quarter that the Company [Read more]
Questerre Reports Third Quarter 2014 Results
CALGARY, ALBERTA--(Marketwired - Nov. 14, 2014) - Questerre Energy Corporation ("Questerre" or the "Company") (TSX:QEC)(OSLO:QEC) reported today on its financial and operating results for the quarter ended September 30, 2014. Michael Binnion, President and Chief Executive Officer, commented, "Although we experienced some setbacks this quarter, we also moved forward in several other areas. We validated the condensate rates with the positive results from the 16-07 Well on our ten-section block [Read more]
Chinook Energy Announces Third Quarter 2014 Results and Board Appointment
CALGARY, ALBERTA--(Marketwired - Nov. 13, 2014) - Chinook Energy Inc. ("our", "we", "us" or "Chinook") (TSX:CKE) is pleased to announce its third quarter financial and operating results. We are also pleased to announce that Jill Angevine has been appointed to our Board of Directors. Ms. Angevine is a Vice President and Portfolio Manager at Matco Financial Inc. with over 20 years of investment and research experience. She is a member of Matco Financial's Investment Committee and chairs the [Read more]
Mapan Energy Ltd. Reports Third Quarter 2014 Operating and Financial Results
CALGARY, ALBERTA--(Marketwired - Nov. 13, 2014) - Mapan Energy Ltd. ("Mapan" or the "Company") (TSX VENTURE:MPG) is pleased to report its operating and financial results for the four and ten months ended September 30, 2014. On July 31, 2014, the Company (then called Paris Energy Inc.) acquired all of the issued and outstanding shares of a private company ("PrivateCo") on the basis of 12 common shares for each one common share of PrivateCo, pursuant to a plan of arrangement under the Business [Read more]
Marquee Energy Ltd. Announces Record Production and Funds Flow from Operations for the Third Quarter of 2014
CALGARY, Nov. 13, 2014 /CNW/ - Marquee Energy Ltd. ("Marquee" or the "Company") (TSXV: "MQL") announces record production and funds flow from operations for the quarter ended September 30, 2014. The Company's financial statements and Management's Discussion and Analysis ("MD&A") for the three and nine months ended September 30, 2014 are available on SEDAR at www.sedar.com and on Marquee's website at www.marquee-energy.com. Financial and Operational Highlights Achieved record [Read more]
Sunshine Oilsands Ltd. Announcement of Results for the Three and Nine Month Periods Ended September 30, 2014
HONG KONG, Nov. 13, 2014 /CNW/ -- Sunshine Oilsands Ltd. ("Sunshine" or the "Company"; HKEX: 2012; TSX: SUO) today announced its financial results for the third quarter of 2014. The Company's condensed interim consolidated financial statements, notes to the condensed interim consolidated financial statements and Management's Discussion and Analysis have been filed on SEDAR (www.sedar.com) and with the SEHK at (www.hkexnews.hk) and are available on the Company's website [Read more]