By Lee-Anne Goodman WASHINGTON - San Francisco billionaire Tom Steyer, a friend to Barack Obama and a major Democratic financier, is unveiling a social media campaign on Thursday that aims to rally the president's formidable online army of supporters against the proposed Keystone XL pipeline.Steyer and a coalition of environmental and social justice groups will be in the U.S. capital to step up their efforts against Calgary-based TransCanada, a company they accuse of wanting "to [Read more]
Headlines
Carmen Energy Inc. Announces Board and Management Changes and Additions
CALGARY, ALBERTA--(Marketwired - June 19, 2013) - Carmen Energy Inc. (TSX VENTURE:CEI) ("Carmen" or the "Corporation") is pleased to announce that it has appointed Mr. Randy Harrison as the Corporation's new Chief Executive Officer. Mr. Harrison will also continue as a director of the Corporation. In addition the Corporation is pleased to announce that Messrs. James A. Letwin and Robert J. Derkitt have been appointed to the Corporation's Board of Directors. Mr. Archibald Nesbitt has resigned [Read more]
TransCanada Appoints New Independent Director
CALGARY, ALBERTA--(Marketwired - June 19, 2013) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced the appointment of a new independent director, Mr. John Richels, effective immediately. Mr. Richels has been the president and chief executive officer of Devon Energy Corporation (Devon) since 2010, having previously served as president of Devon since 2004. Prior to that, he served as a senior vice president of Devon and president and chief executive officer of Devon's [Read more]
Madalena Announces Increase to Financings for Gross Proceeds of Up To $7.75 Million
CALGARY, ALBERTA--(Marketwired - June 19, 2013) - THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR TO ANY UNITED STATES NEWS SERVICES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW. Madalena Ventures Inc. (the "Company" or "Madalena" (TSX VENTURE:MVN) is pleased to announce that, further to its earlier news release of June 19, 2013, it has increased the size of the announced financings by approximately $1.75 million, such [Read more]
Birchcliff Energy Ltd. Mourns the Passing of Board Member Scotty Cameron
CALGARY, ALBERTA--(Marketwired - June 19, 2013) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Birchcliff Energy Ltd. ("Birchcliff" or the "Corporation") (TSX:BIR) regrets to announce the passing of Gordon W. (Scotty) Cameron, on June 18, 2013, a founding shareholder and Director of Birchcliff, at the age of 82. "We are deeply saddened by the loss of our friend, Scotty Cameron" said Jeff Tonken, President and CEO of Birchcliff. [Read more]
Alexander Energy Ltd. Announces Change of Directors and New CEO
CALGARY, ALBERTA--(Marketwired - June 19, 2013) - Alexander Energy Ltd. ("Alexander" or the "Company") (TSX VENTURE:ALX) is pleased to announce that Mr. Dan Wilson, P.Eng. and Mr. Bill Macdonald are joining the Board of Directors effective June 19, 2013. In addition Mr. Wilson was appointed CEO of Alexander Energy effective June 19th. Mr. James Sanden, the previous CEO, remains as Chairman of the Board. Mr. Peter Lubey and Mr. Al Rasmuson have resigned their positions as Directors of [Read more]
Trinidad Drilling Ltd. announces the sale of its coring and pre-set rigs
CALGARY, June 19, 2013 /CNW/ - Trinidad Drilling Ltd. ("Trinidad" or "the Company") is pleased to announce that it has entered in to an agreement to sell its coring and pre-set rigs to Alken Basin Drilling Ltd. (Alken) for $12 million in cash, excluding working capital and land and buildings. Trinidad has operated coring and pre-set rigs since 2005 in the oilsands of northern Canada in the winter and in southern Alberta in the summer. The reduction in pre-set work over the summer months and [Read more]
Jobs go west as Imperial Oil converts Nova Scotia refinery to terminal operation
HALIFAX - The Imperial Oil refinery in Halifax is being closed and converted to a terminal, in a move that deals the latest blow to Nova Scotia's manufacturing sector.The company said Wednesday it expects 80 of the 200 workers — ranging from engineers to mechanics — to either retire or stay at the terminal, while 120 others will be offered jobs at Imperial refineries and oil sands operations in Ontario and the West or at ExxonMobil's operations off Nova Scotia's coast.The refinery's [Read more]
US crude oil supplies grew by 300,000 barrels
NEW YORK (AP) -- The nation's crude oil supplies increased last week, the government said Wednesday. Crude supplies grew by 300,000 barrels, or 0.1 percent, to 394.1 million barrels, which is 1.8 percent above year-ago levels, the Energy Department's Energy Information Administration said in its weekly report. Analysts expected a drop of 1 million barrels for the week ended June 14, according to Platts, the energy information arm of McGraw-Hill Cos. Gasoline supplies grew by 200,000 [Read more]
Pine Cliff Energy Ltd. Completes $25,080,000 Common Share Offering and Enters Into a Definitive Agreement in Connection With the Monogram Acquisition
CALGARY, ALBERTA--(Marketwired - June 19, 2013) - NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES NEWSWIRE SERVICES Pine Cliff Energy Ltd. ("Pine Cliff" or the "Corporation") (TSX VENTURE:PNE) is pleased to announce that it has closed its previously announced short form prospectus offering of 28,500,000 common shares (the "Common Shares") at a price of $0.88 per common share for gross proceeds of $25,080,000 (the "Offering"). The Offering was made pursuant to an [Read more]