Canada

Suncor Energy Provides RMWB Production and 2016 Corporate Guidance Update

Suncor Energy Provides RMWB Production and 2016 Corporate Guidance Update

CALGARY, ALBERTA–(Marketwired – June 6, 2016) – Suncor today confirmed that it is ramping up production in a staged manner and expects that all of its operations in the Regional Municipality of Wood Buffalo (“RMWB”) will be producing at normal, …

June 7, 2016 - 5:56 pm Canada, Closing Bell Story‎, Energy News
Wayfinder Closes Financing, Secures Land for Resin-Coated Proppant Plant, Transloading Facility

Wayfinder Closes Financing, Secures Land for Resin-Coated Proppant Plant, Transloading Facility

Prime Location to Host the “One Stop Prop Shop” Facility

CALGARY, ALBERTA–(Marketwired – June 7, 2016) – Wayfinder Corp. (“Wayfinder”) today announced the signing of a definitive agreement to acquire the rights, titles and interests in land bordering the Obed

June 7, 2016 - 5:32 pm Canada, Closing Bell Story‎, Oilfield Services
Canadian Natural Resources Limited Completes the Distribution of PrairieSky Royalty Ltd. Shares

Canadian Natural Resources Limited Completes the Distribution of PrairieSky Royalty Ltd. Shares

CALGARY, ALBERTA–(Marketwired – June 7, 2016) – Canadian Natural Resources Limited (TSX:CNQ) (NYSE:CNQ) (“Canadian Natural” or the “Company”) is pleased to announce that it has completed its previously announced plan of arrangement (the “Arrangement”) under which shareholders of record of

June 7, 2016 - 4:52 pm Canada, Closing Bell Story‎, Energy News
Gear Energy Announces Strategic Combination With Striker Exploration Corp., $15 Million Bought Deal Financing, and Pro Forma $50 Million Senior Secured Revolving Credit Facilities

Gear Energy Announces Strategic Combination With Striker Exploration Corp., $15 Million Bought Deal Financing, and Pro Forma $50 Million Senior Secured Revolving Credit Facilities

Also Announces Increased 2016 Budget Guidance

CALGARY, ALBERTA–(Marketwired – June 7, 2016) –

Gear Energy Ltd. (“Gear“) (TSX:GXE) and Striker Exploration Corp. (“Striker“) (TSX VENTURE:SKX) are pleased to announce that they have entered into a definitive

Suncor Energy Announces $2.5 Billion Bought-Deal Common Share Financing

Suncor Energy Announces $2.5 Billion Bought-Deal Common Share Financing

CALGARY, ALBERTA–(Marketwired – June 7, 2016) – Suncor today announced it has entered into an agreement to sell 71.5 million common shares from treasury, on a bought deal basis, at a price of $35.00 per share (the “Offering”). The net …

June 7, 2016 - 3:34 pm Canada, Closing Bell Story‎, Energy News, Finance
Raging River Exploration Highlights $175 Million Capital Plan to Sask. Premier

Raging River Exploration Highlights $175 Million Capital Plan to Sask. Premier

CALGARY, ALBERTA–(Marketwired – June 6, 2016) – Raging River Exploration Inc. (“Raging River” or the “Company“) (TSX:RRX) is in Regina, Saskatchewan today meeting with Saskatchewan Premier Brad Wall and visiting the legislature to highlight the Company’s …

June 7, 2016 - 2:04 pm Canada, Closing Bell Story‎, Energy News
Shoal Point Responds to Release of Report From NL Hydraulic Fracturing Review Panel

Shoal Point Responds to Release of Report From NL Hydraulic Fracturing Review Panel

VANCOUVER, BRITISH COLUMBIA–(Marketwired – June 6, 2016) – Mark Jarvis, CEO of Shoal Point Energy (CSE:SHP), today responded to the final report of the Newfoundland and Labrador Hydraulic Fracturing Review Panel, released May 31. “The report concludes that many years …

June 6, 2016 - 1:30 pm Canada, Closing Bell Story‎, Energy News, Fracing
Arsenal Energy Announces Amended Loan Agreement

Arsenal Energy Announces Amended Loan Agreement

CALGARY, ALBERTA–(Marketwired – June 2, 2016) – Arsenal Energy Inc. (“Arsenal” or the “Company”) (TSX:AEI)(OTCQX:AEYIF) announces that the Company has entered into an amending agreement (“Amending Agreement”) with its syndicate of bankers. Under the Amending Agreement, the Company’s borrowing base …

June 3, 2016 - 3:15 pm Canada, Closing Bell Story‎, Energy News
Petro-Canada Gas Stations in B.C. and Alberta are Running Out of Gas

Petro-Canada Gas Stations in B.C. and Alberta are Running Out of Gas

From CBC News

Petro-Canada gas stations in Kelowna, Kamloops, Edmonton and Calgary are running out of petrol from their parent company, Suncor.

In Kelowna, an employee at the Petro-Canada at Glenmore and Kane roads said they ran out of regular …

June 3, 2016 - 2:00 pm Canada, Closing Bell Story‎, Energy News
Corridor Resources Comments on Govt. Decision to Keep Frac Moratorium

Corridor Resources Comments on Govt. Decision to Keep Frac Moratorium

HALIFAX, NOVA SCOTIA–(Marketwired – June 3, 2016) – Corridor Resources Inc. (“Corridor”) (TSX:CDH) wishes to comment on the May 27, 2016 Government of New Brunswick’s decision to continue a moratorium on hydraulic fracturing for an indefinite period.

Corridor is profoundly …

Brookfield Capital Partners Acquires 79 Million Common Shares of CWC Energy Services Corp.

Brookfield Capital Partners Acquires 79 Million Common Shares of CWC Energy Services Corp.

CALGARY, ALBERTA–(Marketwired – June 3, 2016) – Brookfield Capital Partners Ltd. (“Brookfield Capital“) announced today that it has acquired 79,279,146 common shares (“Common Shares“) of CWC Energy Services Corp. (TSX VENTURE:CWC) (“CWC” or the …

June 3, 2016 - 1:21 pm Canada, Closing Bell Story‎
Canada Runs Near-Record Trade Deficit, Economy Splutters Ahead

Canada Runs Near-Record Trade Deficit, Economy Splutters Ahead

From the Financial Post

OTTAWA — Canada ran a near-record trade deficit of $2.94 billion in April as the economy continued to struggle with weak crude oil prices that have slashed the value of exports and curbed growth.

The deficit, …

June 3, 2016 - 12:40 pm Canada, Closing Bell Story‎, Energy News
Packers Plus Named Top Oil and Gas Service Company in Canada

Packers Plus Named Top Oil and Gas Service Company in Canada

CALGARY, June 2, 2016 /CNW/ – Packers Plus Energy Services Inc. is proud to announce it has won the award for Top Service Company in Canada for 2016 from Alberta Oil magazine. The award was presented at a luncheon on …

June 2, 2016 - 12:10 pm Canada, Closing Bell Story‎, Energy News
NEB Recommends Approval for Expansion of TransCanada’s Alberta NatGas System

NEB Recommends Approval for Expansion of TransCanada’s Alberta NatGas System

From CBC News

The National Energy Board is recommending that the federal government approve TransCanada Corp.’s proposed expansion of its NOVA gas pipeline system.

However, the federal regulator set 48 conditions that TransCanada subsidiary NOVA Gas Transmission Ltd. has to …

June 2, 2016 - 11:34 am Canada, Closing Bell Story‎, Energy News
Pengrowth Receives Regulatory Approval for the 17,500 Barrel Per Day Second Commercial Phase of the Lindbergh Thermal Project

Pengrowth Receives Regulatory Approval for the 17,500 Barrel Per Day Second Commercial Phase of the Lindbergh Thermal Project

CALGARY, ALBERTA–(Marketwired – May 30, 2016) – Pengrowth Energy Corporation (TSX:PGF) (NYSE:PGH) today announced that it has received the anticipated Environmental Protection and Enhancement Act (EPEA) approval for the 17,500 barrel per day (bbl per day) second commercial phase of …

May 31, 2016 - 4:42 pm Canada, Closing Bell Story‎
Low Oil Prices Widen Canada’s Current Account Deficit

Low Oil Prices Widen Canada’s Current Account Deficit

From the Globe and Mail

Canada’s current account deficit widened to $16.77-billion in the first quarter as weak crude oil prices dragged down the value of exports, Statistics Canada said on Monday.

The shortfall matched a prediction by analysts in …

May 31, 2016 - 12:12 pm Canada, Closing Bell Story‎, Energy News
Manitok Energy Inc. Announces Financial Results for the First Quarter of 2016 and an Operational Update

Manitok Energy Inc. Announces Financial Results for the First Quarter of 2016 and an Operational Update

CALGARY, ALBERTA–(Marketwired – May 31, 2016) Manitok Energy Inc. (the “Corporation” or “Manitok“) (TSX VENTURE:MEI) announces its financial and operating results for the first quarter of 2016 and provides an operational update.

The full text of …

May 31, 2016 - 11:59 am 360 Profile Company, Canada, Closing Bell Story‎, Earnings
Americas Petrogas Announces First Quarter 2016 Results

Americas Petrogas Announces First Quarter 2016 Results

CALGARY, ALBERTA–(Marketwired – May 30, 2016) – Americas Petrogas Inc. (“Americas Petrogas” or the “Company”) (TSX VENTURE:BOE) announces that it has filed its condensed interim consolidated financial statements and Interim MD&A – Quarterly Highlights relating to its first quarter 2016 …

May 31, 2016 - 11:48 am Canada
While Canada Dithers, the World Shops Elsewhere for Energy

While Canada Dithers, the World Shops Elsewhere for Energy

From the Edmonton Journal

Although the Selfie King’s extended political honeymoon is starting to ebb — witness the blowback over his tough guy act in Parliament two weeks ago — we’re no closer to a final decision on key energy …

May 31, 2016 - 11:19 am Canada, Closing Bell Story‎, Energy News
Canadian Banks Beat Estimates Despite Oil Exposure

Canadian Banks Beat Estimates Despite Oil Exposure

Canada’s big three banks all beat quarterly estimates

Royal Bank of Canada, Toronto-Dominion Bank and Canadian Imperial Bank of Commerce all topped profit estimates despite their exposure to the embattled oil and gas sector. Gross impaired loans to the oil …

Source: Canadian Oil Sands Ltd.

Production Restarting at Canadian Oil Sands

Works are returning to the Canadian oil sands as wildfires move away from production sites

The Alberta government lifted mandatory evacuation orders for the last of the oil sands accommodation and production sites Monday, beginning the process of inspections by …

Chinook Energy Announces Asset Disposition Agreement

Chinook Energy Announces Asset Disposition Agreement

CALGARY, ALBERTA – May 25, 2016 – Chinook Energy Inc. (TSX: CKE) (“Chinook” or the “Company”) is pleased to announce that it has entered into an agreement to sell, effective May 1, 2016, certain of its assets located in the …

May 25, 2016 - 4:52 pm Canada, Closing Bell Story‎, Energy News
Minister of the Environment and Climate Change: No Plans to Ban Natural Gas

Minister of the Environment and Climate Change: No Plans to Ban Natural Gas

From the Observer/Op-Ed by Glen Murray, Minister of the Environment and Climate Change

There has been a slew of misinformation shared by Progress Conservative Party in recent days about the future of natural gas in Ontario as the province takes …

May 24, 2016 - 5:46 pm Canada, Closing Bell Story‎, Energy News
Suncor Energy Provides RMWB Operations Update

Suncor Energy Provides RMWB Operations Update

CALGARY, ALBERTA–(Marketwired – May 23, 2016) – Suncor today announced it has begun the remobilization process of its employees to support the staged restart of its operations in the Regional Municipality of Wood Buffalo (RMWB). The evacuation order was lifted …

May 24, 2016 - 5:39 pm Canada, Closing Bell Story‎, Energy News
Athabasca Oil Corporation Resumes Operations at Hangingstone

Athabasca Oil Corporation Resumes Operations at Hangingstone

CALGARY, ALBERTA–(Marketwired – May 24, 2016) – Athabasca Oil Corporation (TSX:ATH) (“Athabasca” or the “Company”) has resumed operations at Hangingstone following a shutdown on May 5th due to the wildfires in the Fort McMurray region. There has been no …

May 24, 2016 - 5:34 pm Canada, Closing Bell Story‎, Energy News
Firefighters Protecting Canada’s Oil Sands are Battling 1,100 C Flames

Firefighters Protecting Canada’s Oil Sands are Battling 1,100 C Flames

From Canadian Safety Reporter/Reuters

EDMONTON/CALGARY, Alberta (Reuters) — Fighting massive forest fires is dangerous and taxing enough, but those sent into Canada’s oil sands are not only wrestling with one of the worst wildfires in the country’s history.

They are …

May 24, 2016 - 5:27 pm Canada, Closing Bell Story‎, Energy News
Energy Upside: Kinder Morgan’s Trans Mountain Pipeline Expansion Wins Energy Board Nod

Energy Upside: Kinder Morgan’s Trans Mountain Pipeline Expansion Wins Energy Board Nod

Project Wins National Energy Board’s Approval Recommendation, Government’s Final Decision Set for December

Canada’s National Energy Board (NEB) has concluded that Kinder Morgan’s (ticker: KMI) Trans Mountain Expansion Project is in the public interest and recommended the Federal Governor in …

Blackbird Energy Inc. Announces Execution of Gas Handling Agreement for Transportation, Processing of its Condensate-Rich Elmworth Montney Natural Gas

Blackbird Energy Inc. Announces Execution of Gas Handling Agreement for Transportation, Processing of its Condensate-Rich Elmworth Montney Natural Gas

CALGARY, ALBERTA–(Marketwired – May 19, 2016) – Blackbird Energy Inc. (TSX VENTURE: BBI) (“Blackbird” or the “Company“) is pleased to announce that, further to the press release of Blackbird dated April 6, 2016, Blackbird has executed …

Blackbird Energy Inc. Announces Closing of Financing for Gross Proceeds of $28.8 Million

Blackbird Energy Inc. Announces Closing of Financing for Gross Proceeds of $28.8 Million

Blackbird Energy Inc. Announces Closing of Unit and CDE Flow-Through Share Financing, Including Exercise in Full of Over-Allotment Options, for Gross Proceeds of $28.8 Million

Blackbird Energy Inc. (“Blackbird” or the “Company”) (TSX VENTURE:BBI) is pleased to announce that it …

May 19, 2016 - 4:32 pm Canada, Closing Bell Story‎, Energy News
Manitok Energy Inc. Announces Closing of the First Tranche of Its Brokered Private Placement

Manitok Energy Inc. Announces Closing of the First Tranche of Its Brokered Private Placement

Manitok Energy Inc. Announces Closing of the First Tranche of Its Brokered Private Placement

CALGARY, ALBERTA–(Marketwired – May 19, 2016) –

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA.

Manitok Energy Inc.

May 19, 2016 - 4:28 pm Canada, Closing Bell Story‎, Energy News