CALGARY, Alberta, April 27, 2018 (GLOBE NEWSWIRE) -- Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) thanks shareholders for the strong support received to date and encourages all shareholders to vote your WHITE proxy for all ten of management’s director nominees prior to 10:00am (MDT) on Wednesday, May 2, 2018. "By supporting Crescent Point’s director nominees, shareholders are voting for a refreshed board that is delivering on a detailed and financially [Read more]
Headlines
Selected oilsands projects may avoid new environmental assessment rules
OTTAWA - Oilsands projects that use steam to release bitumen from deep underground will likely get a pass from new federal environmental assessment rules — but Ottawa is still considering how to deal with those that use solvents instead of water. An official with Environment Minister Catherine McKenna's office says consultations are still ongoing over which of the so-called "in situ" projects will trigger a review under the new Impact Assessment Act. The official, speaking on condition of [Read more]
U.S., Japanese-based firms named as prime contractor for B.C. LNG plant
VANCOUVER - The international consortium behind plans for a liquefied natural gas terminal on British Columbia's north coast has awarded the contract to design and build the proposed $40-billion project. A news release from Texas-based Fluor Corp., says it and JGC Corp., based in Japan, have been approved as joint venture contractors for the engineering, procurement and construction of LNG Canada's planned export facility in Kitimat. The award of the estimated multibillion-dollar contract [Read more]
Mayor: Evacuation order lifted following refinery blast
An evacuation order was lifted early Friday in northwest Wisconsin where a refinery plant explosion injured at least 11 people and sent billowing plumes of black smoke into the air. Superior Mayor Jim Paine said all indications are that the refinery site is now safe and stable, and that the air quality is normal. He said he lifted the evacuation order just before 6 a.m. Authorities said the fire at the Husky Energy oil refinery was extinguished late Thursday but that the evacuation order [Read more]
Canadian Spirit Resources Inc. Announces Year End 2017 Financial Results
CALGARY, Alberta, April 26, 2018 (GLOBE NEWSWIRE) -- Canadian Spirit Resources Inc. (“CSRI” or the “Corporation”) (TSXV:SPI) (OTCBB:CSPUF) announces the release of its financial results for the three and twelve months ended December 31, 2017 including the filing of its 2017 annual audited Financial Statements, Management Discussion and Analysis (“MD&A”), and Forms 51-101F1, F2 and F3. This news release summarizes information contained in the audited Financial Statements and MD&A for the [Read more]
Spartan Energy Corp. Announces Receipt of Interim Court Order, Special Meeting of Shareholders and Mailing of Information Circular
CALGARY, Alberta, April 26, 2018 (GLOBE NEWSWIRE) -- Spartan Energy Corp. (“Spartan” or the “Company”) (TSX:SPE) is pleased to announce that it has obtained an interim order from the Court of Queen's Bench of Alberta (the "Interim Order") in connection with the proposed sale of the Company to Vermilion Energy Inc. (“Vermilion”) by way of plan of arrangement (the "Arrangement") announced on April 16, 2018. The Interim Order, among other things, authorizes Spartan to call and hold a special [Read more]
Imperial increases existing share repurchase program
CALGARY, April 27, 2018 /CNW/ - Imperial Oil Limited today announced it has received final acceptance from the Toronto Stock Exchange to amend its normal course issuer bid (NCIB) to increase the number of common shares that it may repurchase. Under the amendment, the number of common shares that may be repurchased will increase from up to three percent to up to five percent of its 846,530,905 outstanding common shares as of June 13, 2017, or a maximum of 42,326,545 shares during the 12-month [Read more]
Imperial earns $516 million in the first quarter of 2018
CALGARY, April 27, 2018 /CNW/ - $1 billion of cash generated from operations; nearly $400 million returned to shareholders Quarterly dividend raised nearly 20 percent; share buyback program increased Strong downstream and chemical earnings driven by operational reliability and market conditions Canadian upstream business environment impacting industry competitiveness and financial performance First quarter millions of Canadian dollars, unless [Read more]
TransCanada Reports Strong First Quarter 2018 Financial Results
Diversified Portfolio of High Quality Assets Continues to Drive Record Performance CALGARY, Alberta, April 27, 2018 (GLOBE NEWSWIRE) -- TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada or the Company) today announced net income attributable to common shares for first quarter 2018 of $734 million or $0.83 per share compared to net income of $643 million or $0.74 per share for the same period in 2017. Comparable earnings for first quarter 2018 were $870 million or $0.98 per share [Read more]
Relentless announces Financial and Operating results for year ended December 31, 2017
TSX-Venture Exchange: RRL - CALGARY, April 26, 2018 /CNW Telbec/ - Relentless Resources Ltd. ("Relentless" or the "Company") announces that it has issued and filed on SEDAR its December 31, 2017 audited financial statements and related management's discussion and analysis ("MD&A"). Additional information about Relentless is available on SEDAR at www.sedar.com or on the Company`s website at www.relentless-resources.com. Corporate Update For the year ended December 31, 2017, total [Read more]