Saturday, June 7, 2025

Encana Announces Tender Offers

CALGARY, AB–(Marketwired – March 16, 2016) – (TSX: ECA) (NYSE: ECA) Encana Corporation (“Encana” or the “Company”) today announced that it has launched offers to purchase for cash (collectively, the “Tender Offers” and each a “Tender Offer”) its outstanding senior notes listed in the table below (collectively, the “Notes”), upon the terms and conditions described in the Company’s Offer to

Reducing Completion Costs with Fiber Optics: Eco-Stim Energy Solutions Signs Field Management Diagnostics Contract

HOUSTON, TX and NEUQUEN CITY, ARGENTINA–(Marketwired – Mar 17, 2016) – Eco-Stim Energy Solutions, Inc. (NASDAQ: ESES) (“EcoStim” or the “Company”) announced today that it has signed a contract with a large multi-national exploration and production company operating in Argentina to conduct a downhole diagnostics evaluation using distributed fiber optic measurements. This contract involves the deployment of fiber optic sensors

PE: TPG Will Write ‘Billion-Dollar Checks’ for India’s $131b Distressed Assets

From DealStreet Asia Jim Coulter, the co-founder and co-chief executive officer of alternative asset manager TPG, is so excited about India that he brought 65 of his investors to the nation to meet policy makers and companies this week. TPG may write “billion-dollar checks” in India, Coulter said in a phone interview from New Delhi on Wednesday. The private equity firm

Oil Transport: Canada’s New Emergency Response Tool

From Canadian Underwriter The federal government announced Thursday that Transport Minister Marc Garneau has endorsed an online awareness tool for handling flammable liquid emergencies. The tool was developed by Enform, a group of six oil and gas industry associations. That tool “helps first responders to assess hazards at the scene, to know who to contact and what resources are available,

Fitch: $40 Billion More Energy Debt Could Default in 2016

From the Houston Chronicle HOUSTON — Oil and gas companies could default on an additional $40 billion in debt this year, according to a report by credit group Fitch Ratings. Fitch Ratings said that $6 billion of energy debt was already in default this year, and that it expects energy companies to fall out of compliance on the terms of

Energy Companies Drain Loans Before Banks Clamp Down

From Reuters/Business Insider NEW YORK (Reuters) – Troubled U.S. energy companies, maneuvering for stronger negotiating positions if filing for bankruptcy, are racing to tap cash still available under existing reserve-based loan commitments before banks cut their credit access next month. In April, lenders, in semi-annual valuations of oil and gas reserves backing these loans, are expected to cut available credit

Higher Gasoline Costs Sent Consumer Price Index Soaring in April - Oil & Gas 360

Gasoline Price Drop Cools Canada’s Inflation Rate

From 680NEWS/The Canadian Press TORONTO – Lower prices at the pump helped cool Canada’s annual inflation rate to 1.4 per cent last month, down from 2.0 per cent in January, while offsetting increases in food prices. Gasoline prices dropped a whopping 13.1 per cent year-over-year and 6.9 per cent from January, Statistics Canada reported Friday. Excluding gasoline, the annual inflation