Deep Well SAGD Project Operations Update Deep Well Oil & Gas, Inc. (and its subsidiaries – “Deep Well” or “Company”) (OTCQB:DWOG) is pleased to announce the following operations update on its joint Steam Assisted Gravity Drainage project (“SAGD Project”) located in Sawn Lake, Alberta. The SAGD well pair was drilled to a vertical depth of approximately 650 meters with a
AltaGas Ltd. Closes US$125 Million Medium-Term Note Offering AltaGas Ltd. (“AltaGas”) (TSX:ALA) today announced that it has completed its US$125 million issue of senior unsecured medium-term notes (the “Offering”). The notes carry a floating rate coupon of three month LIBOR plus 0.85 percent and mature on April 17, 2017. The net proceeds resulting from the Offering will be used to
Gibson Energy plans to add 2 MMBO of storage over the next few years Gibson Energy (ticker: GEI) has received committed shipper support to proceed with the construction of 2 additional crude oil storage tanks at the Hardisty storage hub. The two tanks will have a combined capacity of 900 MBO, with one tank holding 0.5 MMBO and the other
Pursuant to the early warning requirements of applicable Canadian securities laws, Liminar Energía S.A. (“Liminar“), a private Argentine company, announces that on April 10, 2015 it acquired ownership and control of 23,323,656 common shares (“Common Shares“) of Crown Point Energy Inc. (“Crown Point“), representing approximately 14.18% of the issued and outstanding Common Shares, at an issue price of US$0.25 per
Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) (NYSE:TOO) announced today that it plans to offer Series B Cumulative Redeemable Preferred Units (Series B Preferred Units), representing limited partner interests, in a public offering. Teekay Offshore expects to grant the underwriters a 30-day option to purchase additional Series B Preferred Units. The Partnership intends to use the net proceeds
Perpetual Energy Inc. Announces Disposition of Royalty Lands in East Central Alberta for $21 Million Perpetual Energy Inc. (“Perpetual”, the “Corporation” or the “Company”) is pleased to announce it has closed the sale of certain fee simple lands in east central Alberta, and a working interest in related seismic data, for $21.0 million. The transaction involves 206,712 net acres (207,770
Ontario will join California and Quebec in a cap and trade system to reduce greenhouse gas emissions Kathleen Wynne, the Premier of Ontario, announced that the province will be joining Quebec and California as part of a cap and trade system to reduce greenhouse gas emissions. Ontario will be joining as a participating member of the Western Climate Initiative, which
Pengrowth Energy Corporation Confirms Cdn $0.02 Cash Dividend Payable May 15, 2015 Pengrowth Energy Corporation (PGF.TO) (PGH) today announced that its May 15, 2015 cash dividend will be Cdn $0.02 per common share. The ex-dividend date is April 20, 2015. The dividend will be payable to all shareholders who hold Pengrowth shares at the close of business on the record
AltaGas Ltd. Announces US$125 Million Medium-Term Note Offering AltaGas Ltd. (“AltaGas”) (TSX:ALA) today announced that it has agreed to issue US$125 million senior unsecured medium-term notes (the “Offering”). The notes carry a floating rate coupon of three month LIBOR plus 0.85 percent and mature on April 17, 2017. The Offering is expected to close on or about April 14, 2015.
Blackbird Energy Announces Further Strategic Montney Land Aggregation Blackbird Energy Inc. (“Blackbird“) is pleased to announce that it has acquired a 100% working interest in twelve additional sections (7,680 net acres) of Elmworth Montney rights (the “Acquisition“). The Acquisition represents a 17% increase in the Company’s Elmworth Montney land position. With the completion of the Acquisition, Blackbird now holds a
Pan Orient Energy Corp.: 2014 Year End Financial & Operating Results Pan Orient Energy Corp. (“Pan Orient”) (TSX VENTURE:POE) reports 2014 year-end and fourth quarter consolidated financial and operating results. Please note that all amounts are in Canadian dollars unless otherwise stated and BOPD refers to barrels of oil per day net to Pan Orient unless otherwise stated. The Corporation
Inter Pipeline Announces April 2015 Cash Dividend Inter Pipeline Ltd. (“Inter Pipeline”) (TSX:IPL) announced today the declaration of a cash dividend of $0.1225 per share for April 2015. This dividend will be paid on or about May 15th, 2015 to shareholders of record on April 22nd, 2015. This dividend is designated as an “eligible dividend” for Canadian tax purposes. Since
