CALGARY, Sept. 30, 2014 /CNW/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) is pleased to announce that 43,155,087 common shares of Forge Petroleum Corporation ("Forge Shares"), representing over 99% of the issued and outstanding Forge Shares, have been validly tendered pursuant to Whitecap's offer to purchase (the "Offer") all of the issued and outstanding Forge Shares. Whitecap has directed the depositary, Olympia Trust Company (the "Depositary"), to take up and pay for all of the Forge [Read more]
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Pembina Pipeline Corporation Provides Project Updates
CALGARY, Sept. 25, 2014 /CNW/ - Pembina Pipeline Corporation ("Pembina" or "the Company") (TSX: PPL; NYSE: PBA) provided an update on projects in several of the Company's business units. Gas Services Pembina is pleased to announce that it has commenced commissioning and extracted its first natural gas liquids ("NGL") barrels through its recently constructed 200 million cubic feet per day ("mmcf/d") (134 mmcf/d net) Resthaven gas processing facility ("Resthaven"). Commissioning will [Read more]
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
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
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]
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