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Manitok Energy Inc. Provides an Operational Update at Entice and Cordel-Stolberg

CALGARY, ALBERTA--(Marketwired - Sept. 18, 2014) - Manitok Energy Inc. (the "Corporation" or "Manitok") (TSX VENTURE:MEI) is pleased to provide an operational update at Entice and Cordel-Stolberg. Entice As noted in the August 28, 2014 press release, Manitok has drilled a horizontal well at 3-28-22-25W4, testing the middle Basal Quartz ("BQ") formation in the southern end of the Entice field. This is the second well of a planned 10 well horizontal drilling program at Entice where Manitok [Read more]

Penn West Provides Results of Internal Review of Accounting Practices, Files Restated Financial Statements and Confirms No Impact on Strategic Direction

CALGARY, Sept. 18, 2014  /CNW/ - PENN WEST PETROLEUM LTD. (TSX – PWT) (NYSE – PWE) ("Penn West", the "Company", "we" or "our") today announced the results of the voluntary internal review (the "Review") undertaken by the Audit Committee of certain accounting practices, completed the restatement of certain financial statements and related management's discussion and analysis ("MD&A"), and confirmed that the Audit Committee's findings do not impact Penn West's strategic direction. The Audit [Read more]

Tainted water in two states from leaky gas wells, not fracking itself, study says

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WASHINGTON - The drilling procedure called fracking didn't cause much-publicized cases of tainted groundwater in areas of the states of Pennsylvania and Texas, a new study finds. Instead, it blames the contamination on problems in pipes and seals in natural gas wells.After looking at dozens of cases of suspected contamination, the scientists focused on eight hydraulically fractured wells in those states, where they chemically linked the tainted water to the gas wells. They then used chemical [Read more]

Pembina Pipeline Corporation Advances Phase III Pipeline Expansion

Regulatory application marks project milestone CALGARY, Sept. 4, 2014 /CNW/ - Pembina Pipeline Corporation ("Pembina" or "the Company") (TSX: PPL; NYSE: PBA) announced that it has filed the necessary regulatory applications to the Alberta Energy Regulator ("AER") for its Fox Creek, Alberta to Namao Junction, Alberta segment of its previously announced $2 billion Phase III pipeline expansion (the "Phase III Expansion"). The Fox Creek to Namao Junction project (the "Project") consists of a new, [Read more]

Crescent Point Announces Consolidation Acquisition, Torquay Exploration Success, Upwardly Revised 2014 Guidance, and a CDN$750 Million Bought Deal Financing

CALGARY, ALBERTA--(Marketwired - Sept. 2, 2014) - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG)(NYSE:CPG) is pleased to announce that it has entered into an agreement (the "Lightstream Agreement") with Lightstream Resources Ltd. ("Lightstream") to acquire conventional oil assets in southeast Saskatchewan and Manitoba (the "Lightstream Assets"). The Lightstream Assets include significant free cash flowing, conventional oil production of approximately 3,300 boe/d and 76 [Read more]

Pembina Pipeline Corporation To Acquire Vantage Pipeline and an Interest in Associated Assets For US$650 Million

Acquisition of Bakken ethane pipeline adds additional fee-for-service pipeline infrastructure to Pembina's portfolio and establishes new growth platform CALGARY, Sept. 2, 2014 /CNW/ - Pembina Pipeline Corporation ("Pembina" or "the Company") (TSX: PPL; NYSE: PBA) is pleased to announce that it has entered into agreements to acquire the Vantage pipeline system ("Vantage") and Mistral Midstream Inc.'s ("Mistral") interest in the Saskatchewan Ethane Extraction Plant ("SEEP") for total [Read more]

PanTerra enters into agreement to acquire additional assets in the Alberta foothills

CALGARY, Aug. 20, 2014 /CNW/ - PanTerra Resource Corp. ("PanTerra" or the "Corporation") (TSX VENTURE:PRC) is pleased to announce that it has entered into an arm's length purchase and sale agreement dated August 19, 2014 (the "Purchase and Sale Agreement") with a public Canadian oil and gas company to acquire (the "Acquisition") certain petroleum and natural gas assets located in several areas of the Western Canadian foothills, including the Brown Creek, Stolberg, Deanne, Burnt Timber, Moose, [Read more]

Kinder Morgan doesn’t need permission to study Burnaby Mountain route: NEB

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VANCOUVER - The National Energy Board has sided with Kinder Morgan in a dispute with the City of Burnaby over access to Burnaby Mountain.The company can proceed with necessary studies of its preferred pipeline route through the mountain without the city's consent.In a decision released Tuesday, the National Energy Board confirmed that under federal legislation the company doesn't need permission to access the land that is home to Simon Fraser University and a vast nature preserve."It would not [Read more]

Hyperion Exploration Corp. Announces Second Quarter Results and Operations Update

CALGARY, ALBERTA--(Marketwired - Aug. 15, 2014) - Hyperion Exploration Corp. ("Hyperion" or the "Company") (TSX VENTURE:HYX) announces it has filed on SEDAR its unaudited condensed interim financial statements and related Management's Discussion and Analysis ("MD&A) for the three and six months ended June 30, 2014. The financial statements and MD&A will be available for review at www.sedar.com or www.hyperionexploration.com. Financial and Operational Highlights 18% increase in [Read more]

Chinook Energy Announces Second Quarter 2014 Results and Provides an Operational Update

CALGARY, ALBERTA--(Marketwired - Aug. 13, 2014) - Chinook Energy Inc. ("our", "we", "us" or "Chinook") (TSX:CKE) is pleased to announce its second quarter financial and operating results as well as provide an operational update. Operational and financial highlights for the three and six months ended June 30, 2014 are noted below and should be read in conjunction with our condensed consolidated financial statements for the three and six months ended June 30, 2014 and 2013 and related [Read more]