CALGARY, Nov. 30, 2017 /CNW/ - Marquee Energy Ltd. ("Marquee" or the "Company") (TSXV: "MQX") announces a refiling of its Management, discussion and analysis ('MD&A') for the twelve months ended December 31, 2016 due to a clerical error at the time. The Company's amended and restated MD&A for the and twelve months ended December 31, 2016 is available on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com and on Marquee's website at [Read more]
Headlines
Keyera Corp. Announces $429.4 million Public Offering of Common Shares
CALGARY, ALBERTA--(Marketwired - Nov. 30, 2017) - Keyera Corp. (TSX:KEY) ("Keyera") announced today that it has entered into a financing agreement with a syndicate of underwriters co-led by RBC Capital Markets and National Bank Financial Inc. under which Keyera will issue 12,200,000 common shares ("Common Shares") on a "bought deal" basis at an issue price of $35.20 per Common Share for total gross proceeds of approximately $429.4 million. The offering is in support of Keyera's growth capital [Read more]
Keyera Announces Natural Gas Handling Agreements and Capital Investments at its Simonette Gas Plant
CALGARY, Nov. 30, 2017 /CNW/ - Keyera Corp. (TSX:KEY) ("Keyera") today announced that it has entered into 10-year gas handling agreements with Athabasca Oil Corporation ("AOC") and Murphy Oil Company Ltd. ("Murphy") to process natural gas production from their Montney and Duvernay operations west of Fox Creek, Alberta. Both gas handling agreements include take-or-pay commitments and facility dedications. In support of these agreements, Keyera plans to enhance its Simonette gas plant [Read more]
Time to end debate and build Trans Mountain, pipeline president says
VANCOUVER - British Columbia says the federal government needs to back off and stop interfering in an independent review process over the approval of Kinder Morgan's Trans Mountain pipeline. Environment Minister George Heyman said he is "very disturbed" that the federal government supports the creation of a standing panel to quickly settle conflicts over provincial and municipal permits. "The federal government should get its nose out of British Columbia's business unless we're … [Read more]
OPEC, Russia agree oil cut extension to end of 2018
VIENNA (Reuters) - OPEC and non-OPEC producers led by Russia agreed on Thursday to extend oil output cuts until the end of 2018 as they try to finish clearing a global glut of crude while signaling a possible early exit from the deal if the market overheats. Russia, which this year reduced production significantly with OPEC for the first time, has been pushing for a clear message on how to exit the cuts so the market doesn’t flip into a deficit too soon, prices don’t rally too fast and rival [Read more]
Saturn Oil & Gas Inc. to Complete a $500,000 Non-Brokered Private Placement
SASKATOON, SASKATCHEWAN--(Marketwired - Nov. 30, 2017) - Saturn Oil & Gas Inc. ("Saturn" or the "Company") (TSX VENTURE:SMI)(FRANKFURT:SMK) announces a non-brokered private placement (the "Private Placement") of up to 3,333,333 units (the "Units") at a price of $0.15 per Unit for gross proceeds of up to $500,000. Each Unit consists of a one common share (the "Shares") and one-half of a common share purchase warrant (the "Warrants"). Each whole Warrant will entitle the holder to purchase [Read more]
Arctic drilling hits speed bumps in U.S. tax bill
WASHINGTON (Reuters) - A quest by Republicans to open Alaska’s Arctic National Wildlife Reserve was slowed after a nonpartisan Senate official ruled late on Wednesday that the exploration was subject to environmental assessments by the Interior Department. Senator Lisa Murkowski, a Republican from Alaska and the head of the Senate energy panel, has been pushing a measure in the U.S. tax bill that would open a portion of the refuge on the coastal plain to two lease sales in 10 years for [Read more]
Manitok Energy Inc. Announces Financial Results for the Third Quarter of 2017
Nov. 29, 2017, CALGARY /CNW/ - Manitok Energy Inc. (the "Corporation" or "Manitok") (TSX-V: MEI) announces its financial and operating results for the third quarter of 2017. The full text of Manitok's third quarter results are contained in its unaudited and unreviewed condensed interim consolidated financial statements as at and for the three and nine months ended September 30, 2017 and the related management's discussion and analysis, copies of which are available electronically on [Read more]
Ottawa wants conflict resolution panel for Trans Mountain pipeline project
OTTAWA - The federal government wants to see a new process established to resolve conflicts over permits that Kinder Morgan says is delaying construction on its Trans Mountain pipeline expansion in British Columbia. Natural Resources Minister Jim Carr says the government has written to the National Energy Board, endorsing the creation of a panel that would address conflicts over municipal or provincial permits. Kinder Morgan (TSX:KML) has appealed to the board, arguing Burnaby in [Read more]
Pembina Pipeline Corporation Approves New Capital Projects and Announces 2018 Capital Program
CALGARY, Nov. 29, 2017 /PRNewswire/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced that its Board of Directors has approved approximately $400 million of new capital projects, as well as a capital program of approximately $1.3 billion for 2018. "2017 has been a transitional year in Pembina's history," said Mick Dilger, Pembina's President and Chief Executive Officer. "Since the beginning of 2015, we have placed approximately $8 billion of [Read more]