CALGARY, ALBERTA--(Marketwired - Sept. 16, 2013) - Artisan Energy Corporation ("Artisan" or the "Corporation") (TSX VENTURE:AEC) is pleased to announce that it has entered into a Joint Venture with a Calgary based intermediate oil producer to pursue and test opportunities on Southern Alberta lands prospective for Bakken oil production (the "Joint Venture"). The Joint Venture area encompasses approximately 65,000 acres of prospective crown lands. Terms of the Joint Venture allow for [Read more]
Headlines
Anderson Energy Ltd. Provides Strategic Alternatives Update
CALGARY, ALBERTA--(Marketwired - Sept. 16, 2013) - Anderson Energy Ltd. ("Anderson" or the "Company") (TSX:AXL) provides the following update of its strategic alternatives process. Anderson has entered into an agreement to sell its Garrington and Ferrier Cardium oil and natural gas properties for $82 million effective August 1, 2013, subject to normal closing adjustments (the "Transaction"). In August, these properties produced approximately 1,000 BOED (65% oil & NGL). Closing of the [Read more]
David Mackie Resigns from Alexander Energy Board of Directors
CALGARY, ALBERTA--(Marketwired - Sept. 13, 2013) - Further to the press release issued by Alexander Energy Ltd. ("Alexander") on September 11, 2013, Mr. David S. A. Mackie, P.Geol. resigned from the Board of Directors of Alexander effective September 10, 2013. Mr. Mackie resigned due to concerns regarding corporate governance generally that were not adequately addressed and particularly due to Alexander's decision to proceed with the recently announced private placement of common shares at a [Read more]
TriOil Resources Ltd. to be acquired by ORLEN Upstream s.p. z.o.o.
CALGARY, Sept. 16, 2013 /CNW/ - (TSXV:TOL) TriOil Resources Ltd. ("TriOil" or the "Company") is pleased to announce that it has entered into an agreement (the "Arrangement Agreement") with ORLEN Upstream s.p. z o.o. ("ORLEN Upstream") pursuant to which ORLEN Upstream, through a wholly owned subsidiary ORLEN Upstream International B.V. registered in the Netherlands ("ORLEN Upstream International"), has agreed to purchase all of the issued and outstanding class A common shares of the Company (the [Read more]
Long Run Exploration Ltd. Announces Consolidation in Core Operating Areas and Sale of Saskatchewan Heavy Oil Properties
CALGARY, ALBERTA--(Marketwired - Sept. 13, 2013) - Long Run Exploration Ltd. ("Long Run" or "the Company") (TSX:LRE) announces the acquisition of properties and associated infrastructure (the "Acquisition") in the Company's core areas of Edmonton and Peace River from a senior independent energy company, and the sale of heavy oil and shallow natural gas properties in Saskatchewan (the "Disposition"). Acquisition The acquired properties produced approximately 1,500 boe per day in [Read more]
AltaGas to acquire 25 per cent Petrogas stake
CALGARY (Canadian Press) - AltaGas Ltd. is buying a 25 per cent stake in privately held Petrogas Energy Corp. in a deal it says will help it move natural gas liquids and crude oil to North American markets.Petrogas has more than 1,500 rail cars and 24 rail and truck terminals. It also has major terminal and storage facilities with rail access at key energy hubs in Alberta, Ontario and the United States. "Our investment in Petrogas provides strategic alignment with a major North American [Read more]
TransCanada reaches revised deal with Enbridge, Gaz Metro and Union Gas
TORONTO (Canadian Press) - Several Canadian pipeline companies have struck a deal that they say has resolved a dispute over how key infrastructure is shared in the Greater Toronto Area.A joint announcement says that TransCanada (TSX:TRP) has reached a revised agreement with Enbridge (TSX:ENBZ), Gaz Metro and Union Gas, which operate major gas distribution systems in Ontario and Quebec.The agreement includes a revised framework for tolls on TransCanada's mainline and the proposed Kings North [Read more]
Gas Distributors Reach Agreement with TransCanada to Ensure Access to Diverse, Affordable Natural Gas Supplies at Dawn Hub and Niagara
TORONTO, ONTARIO and MONTREAL, QUEBEC--(Marketwired - Sept. 13, 2013) - Union Gas Limited ("Union Gas"), Gaz Métro Limited Partnership ("Gaz Métro") and Enbridge Gas Distribution ("Enbridge Gas") announced today an agreement with TransCanada PipeLines ("TransCanada") to ensure access to diverse and affordable natural gas supplies. The agreement includes a revised framework for TransCanada's mainline tolls and the proposed Kings North project. The revised project, when combined [Read more]
TransCanada Reaches Settlement on Natural Gas Service With Local Distribution Companies in Eastern Canada
CALGARY, ALBERTA--(Marketwired - Sept. 13, 2013) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced that it has reached a settlement with local natural gas distribution companies (LDCs) in Ontario and Québec in connection with the access to Dawn and Niagara supplies and long-term tolls that will allow TransCanada to provide customers with the flexibility to source gas from various geographic locations while ensuring that the tolls for the Mainline are set at levels [Read more]
Alberta’s auditor general will probe oil pipeline safety, rule enforcement
EDMONTON (Canadian Press) - Alberta's auditor general is going to take a deeper look at the safety of oil and natural gas pipelines in the province.Merwan Saher said his audit will examine pipeline inspections and will look at how well companies are following government pipeline regulations and how well provincial regulations are being enforced."I wish to inform you that we will initiate such an audit as soon as reasonably possible," Saher wrote in letters to Alberta's opposition Wildrose and [Read more]