CALGARY, Alberta, May 23, 2018 (GLOBE NEWSWIRE) -- PetroShale Inc. ("PetroShale" or the "Company") (TSXV:PSH) (OTCQX:PSHIF) is pleased to announce its financial and operating results for the three month period ended March 31, 2018. The Company’s unaudited consolidated financial statements and corresponding Management’s Discussion and Analysis (MD&A) for the period will be available on SEDAR at www.sedar.com, on the OTCQX website at www.otcqx.com, and on PetroShale’s website at [Read more]
Headlines
Notley to skip western premiers meeting today, but slams leader who’s there
EDMONTON - Alberta Premier Rachel Notley won't be at today's meeting of the western premiers in Yellowknife, but she made some choice remarks about one of the leaders who will be there. Notley told reporters yesterday that B.C. Premier John Horgan is trying to shut down the Trans Mountain pipeline and take $15 billion out of the Canadian economy. Notley says she is not attending the conference because her time is better spent making sure the pipeline project goes ahead, and that the [Read more]
No suitors emerge for pipeline project stake as Kinder Morgan deadline looms
CALGARY - With just over a week remaining until the May 31 deadline set for abandoning its Trans Mountain pipeline expansion, no suitors have publicly emerged to step into builder Kinder Morgan Canada Ltd.'s shoes. Analysts and observers say they remain perplexed by Finance Minister Bill Morneau's comment last week that "plenty of investors would be interested in taking on this project," after the federal government said it would offer an "indemnity" or insurance to guarantee it is [Read more]
Morneau pressed to reveal true cost for families from federal carbon tax
OTTAWA - Conservative MP Pierre Poilievre repeatedly tried to squeeze answers out of Finance Minister Bill Morneau during a marathon Commons session Tuesday night that featured a barrage of questions on the potential costs of the federal carbon tax for Canadian families. Poilievre was the first political rival to get a crack at Morneau during what was expected to last as long as four hours. Opponents have been keen to crack the minister's message-track veneer, which includes exposing what [Read more]
Notley says pipeline is key to programs that premiers will discuss at conference
EDMONTON - Alberta Premier Rachel Notley says while other western premiers meeting in Yellowknife will be talking about how to spend money, she'll be working in Alberta figuring out how to earn it. Notley said she is not attending the meeting Wednesday because her time is better spent making sure the Trans Mountain pipeline project goes ahead. "When it comes to interprovincial relations, it's not business as usual — not even close," she said Tuesday in Edmonton. "That is why I've chosen to [Read more]
B.C. files constitutional challenge of Alberta’s fuel restriction law
VICTORIA - The British Columbia government filed a constitutional lawsuit Tuesday countering an Alberta government bill that would limit fuel being sent to the province. It comes weeks after the B.C. government asked its highest court to decide if it has the right to limit the flow of bitumen in the Trans Mountain pipeline. Alberta Premier Rachel Notley saw some irony in B.C.'s position. "It's very interesting, on one hand they don't want our oil and on the other hand they're suing us [Read more]
Toscana Energy Continues Normal Course Issuer Bid
CALGARY, Alberta, May 22, 2018 (GLOBE NEWSWIRE) -- Toscana Energy Income Corporation ("Toscana" or the "Corporation") (TSX:TEI) today announces that a Notice of Intention to commence a Normal Course Issuer Bid (the "Bid") has been approved by its Board of Directors (the "Board") and has been filed with and accepted by the Toronto Stock Exchange. Toscana commenced a normal course issuer bid on May 23, 2017 (the “Existing Bid”) under which, as at May 16, 2018, it has acquired an aggregate of [Read more]
British Columbia says it is not delaying Canadian pipeline expansion
British Columbia's attorneygeneral said on Tuesday that the West Coast province is notdelaying Kinder Morgan Canada's Trans Mountain pipelineexpansion, despite the company's saying that B.C.'s oppositionwas making the build "untenable."The attorney general, David Eby, told reporters that BritishColumbia is approving Trans Mountain permits on the sametimeline as other major projects, and that its new environmentalrules and a jurisdictional challenge simply come [Read more]
Iron Bridge Highlights Flawed and Undervalued Nature of Velvet Energy Proposal
Urges Shareholders to Take No Action CALGARY, Alberta--(BUSINESS WIRE)--Iron Bridge Resources Inc. (“Iron Bridge”, “IBR” or the “Company”) (TSX:IBR) responded today to the announcement by Velvet Energy Ltd. (“Velvet Energy”) that it intends to make an unsolicited offer to acquire all of the issued and outstanding common shares of Iron Bridge. Iron Bridge believes that Velvet Energy’s proposal is flawed, significantly undervalues the Company and is an attempt to deny Iron Bridge shareholders [Read more]
New Oil and Gas Jobs From BOE Report Jobs
Here are the latest oil and gas job postings courtesy BOE Report Jobs. To search and filter all the latest jobs, visit the BOE Report job board. All job listings are free to post for companies. Sign up to create an account to post jobs; it’s simple and easy to use. Posting Date Job Title Company Location May. 19 ACCOUNTS PAYABLE ADMINISTRATOR - (GPF) Trican Well Service Ltd. Grande Prairie May. 19 CEMENT OPERATOR - (EST) Trican Well Service Ltd. Estevan May. [Read more]