CALGARY, March 21, 2019 /CNW/ - (TSX: EGL): Eagle Energy Inc. ("Eagle") today reports its financial and operating results and its reserves information for the year ended December 31, 2018. When reflecting on 2018, Wayne Wisniewski, President and Chief Executive Officer, stated, "Eagle continues to execute its previously announced plan to reduce debt and corporate costs. Our 2018 full year administrative expenses, excluding one-time costs associated with the Salt Flat and Twining dispositions, [Read more]
Headlines
Granite Oil Corp. Reports Year End 2018 Financial Results
CALGARY, Alberta, March 21, 2019 (GLOBE NEWSWIRE) -- GRANITE OIL CORP. (“Granite” or the “Company”) (TSX:GXO)(OTCQX:GXOCF) is pleased to release its financial results for the year ended December 31, 2018. Granite has filed its audited financial statements for the year ended December 31, 2018, and related Management Discussion & Analysis with the applicable Canadian securities regulatory authorities. Granite's annual financial materials may be viewed in their entirety on www.sedar.com and on [Read more]
B.C. legislation targets Trans Mountain, say proponent and Alberta government
VANCOUVER - Environmental legislation proposed by British Columbia is specifically targeting the Trans Mountain pipeline expansion and would significantly impact it, the project's proponent and the Alberta government argued Thursday. The B.C. Court of Appeal is hearing a reference case that asks whether the government can amend its Environmental Management Act to create a permitting system for companies that increase the amount of heavy oil they're transporting through the province. B.C. [Read more]
Humans are causing climate change, but those who disagree welcome in UCP: Kenney
CALGARY - The leader of Alberta's United Conservatives says he believes humans are causing climate change and action is needed to tackle it, but those who disagree still have a place in the party. "There's a spectrum of views about this. This is not a party with some kind of rigid, ideological orthodoxy that everybody has to sign up to," he said in Calgary on Thursday after laying out his plan to fight for the energy sector. "I think broadly the United Conservatives accept the scientific [Read more]
Kenney promises vote on equalization in 2021 if no pipeline progress
CALGARY - The leader of Alberta's United Conservatives is promising a referendum on equalization if there's no major progress on market-opening pipelines. Jason Kenney says if he becomes premier the matter would be put to voters on Oct. 18, 2021 — the same date as the next municipal elections in Alberta. The federal equalization program is meant to even out fiscal disparities between so called "have" and "have-not" provinces. Despite its economic doldrums, Alberta remains a "have" [Read more]
Altura Energy Inc. Announces Fourth Quarter and 2018 Financial and Operating Results
CALGARY, Alberta, March 21, 2019 (GLOBE NEWSWIRE) -- Altura Energy Inc. ("Altura" or the "Corporation") (TSXV: ATU) is pleased to announce its financial and operating results for the fourth quarter and year ended December 31, 2018. The audited consolidated financial statements and related management’s discussion and analysis ("MD&A") are available at www.sedar.com and www.alturaenergy.ca. Selected financial and operating information for the fourth quarter and year ended December 31, 2018 [Read more]
Hillcrest Oil Production Climbs
March 21, 2019 / TheNewswire / VANCOUVER, B.C. - As previously announced by Hillcrest Petroleum Ltd. ("Hillcrest" or the "Company") the upgraded West Hazel production facility is in operation, and production started from 2 wells on January 13th and January 15th, respectively. Initial fluid production rates from both wells were as expected. Production from a 3rd well was brought on line in early March when weather conditions softened after an extreme record-breaking cold snap. Production over [Read more]
After 25 Years AltaGas Founder and Chairman Steps Down from Chairman Role
CALGARY, March 21, 2019 /CNW/ - AltaGas Ltd. (AltaGas) (TSX:ALA) announced today that after careful consideration, David Cornhill, Founder of AltaGas and Chairman, has elected to step down on April 1, 2019 from the Chairman position. The new Chair, Pentti Karkkainen has been appointed by the Board of Directors, effective April 2. Mr. Cornhill will remain on the Board, ensuring an orderly transition and continuity. "After being completely dedicated to the development and growth of AltaGas for [Read more]
Encana to name Corey D. Code as Chief Financial Officer
Sherri A. Brillon announces retirement CALGARY, Alberta, March 21, 2019 (GLOBE NEWSWIRE) -- Encana Corporation (NYSE, TSX: ECA) today announced the appointment of Corey D. Code as Executive Vice-President & Chief Financial Officer, effective May 1, 2019. Sherri A. Brillon, who has served as Encana’s CFO since 2009, will be retiring at the end of May 2019. “We are pleased that Corey will be joining our Executive Leadership Team,” said Doug Suttles, Encana President & CEO. “Corey has [Read more]
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