Canada

TransCanada Changes Scope of Energy East Pipeline

TransCanada Changes Scope of Energy East Pipeline

TransCanada to remove a port on the Energy East pipeline route

TransCanada announced today that the company has decided to remove a port on its Energy East pipeline project from Quebec. The company said the decision was made after listening …

Crescent Point Announces Q3 2015 Results

Crescent Point Announces Q3 2015 Results

CALGARY, ALBERTA–(Marketwired – Nov. 5, 2015) – Crescent Point Energy Corp. (“Crescent Point” or the “Company”) (TSX:CPG)(NYSE:CPG) is pleased to announce its operating and financial results for the quarter ended September 30, 2015. The Company also announces that its unaudited …

November 5, 2015 - 4:22 pm Canada, Energy News
Enbridge Acquires 24.9% Interest in UK Offshore Wind Project

Enbridge Acquires 24.9% Interest in UK Offshore Wind Project

CALGARY, ALBERTA–(Marketwired – Nov. 5, 2015) – Enbridge Inc. (TSX:ENB)(NYSE:ENB) (the “Company”) today announced the acquisition of a 24.9 percent interest in the 400 megawatt (MW) Rampion Offshore Wind Project (the “project”) in the UK. The Company’s total investment in …

November 5, 2015 - 4:19 pm Canada, Energy News
Corridor Provides an Operations Update and Announces Additional Forward Sale

Corridor Provides an Operations Update and Announces Additional Forward Sale

HALIFAX, NOVA SCOTIA–(Marketwired – Nov. 5, 2015) – Corridor Resources Inc. (“Corridor”) (TSX:CDH) is pleased to provide an operations update and announce that it has entered into an additional forward sale agreement.

On May 1, 2015, Corridor shut-in most of …

November 5, 2015 - 4:04 pm Canada, Energy News
Enbridge Reports Third Quarter Financial Results

Enbridge Reports Third Quarter Financial Results

HIGHLIGHTS

(all financial figures are unaudited and in Canadian dollars unless otherwise noted)

  • Third quarter loss was $609 million and nine months loss was $415 million, both including the impact of a number of unusual, non-recurring or non-operating factors
  • Third
November 5, 2015 - 3:56 pm Canada, Energy News
Delphi Energy Announces Closing of Disposition of Hythe Assets

Delphi Energy Announces Closing of Disposition of Hythe Assets

CALGARY, ALBERTA–(Marketwired – Nov. 3, 2015) – Delphi Energy Corp. (TSX:DEE) (“Delphi” or the “Company”) is pleased to report that it has closed the previously announced disposition of its working interests in producing properties, facilities and infrastructure and undeveloped land …

November 3, 2015 - 3:09 pm Canada
Encana to Hold Conference Call and Webcast on Third Quarter 2015 Results on November 12, 2015

Encana to Hold Conference Call and Webcast on Third Quarter 2015 Results on November 12, 2015

 

CALGARY, AB–(Marketwired – November 03, 2015) – Encana Corporation (TSX: ECA) (NYSE: ECA) will release its third quarter 2015 results on Thursday, November 12, 2015. The news release detailing Encana’s third quarter 2015 results will provide

November 3, 2015 - 3:06 pm Canada
TransCanada Reports Third Quarter 2015 Financial Results

TransCanada Reports Third Quarter 2015 Financial Results

Solid Performance Demonstrates Quality of Diversified Asset Base

CALGARY, ALBERTA–(Marketwired – Nov. 3, 2015) – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced net income attributable to common shares for third quarter 2015 of $402 million or $0.57 per share compared

November 3, 2015 - 3:03 pm Canada, Energy News
TransCanada Asks for Pause on Keystone XL Decision

TransCanada Asks for Pause on Keystone XL Decision

Pause on TransCanada’s Keystone XL project comes as company waits Nebraska decision

Alberta-based TransCanada (ticker: TRP) announced yesterday that it sent a letter to the U.S. State Department requesting a pause on the decision making process for its Keystone XL …

November 3, 2015 - 11:47 am Canada, Midstream, Oil and Gas 360 Articles, Politics & Opinions
Cardinal Energy Ltd. Announces Closing of Light Oil Acquisition

Cardinal Energy Ltd. Announces Closing of Light Oil Acquisition

Cardinal Energy Ltd. Announces Closing of Light Oil Acquisition

CALGARY, ALBERTA–(Marketwired – Oct. 30, 2015) – Cardinal Energy Ltd. (“Cardinal” or the “Company“) (TSX:CJ) has closed the previously announced light oil acquisition (the “Acquisition“) …

October 30, 2015 - 3:10 pm Canada
Canadian Oil Sands Reports Over $1 Billion of Cost Savings Achieved at Syncrude Year to Date

Canadian Oil Sands Reports Over $1 Billion of Cost Savings Achieved at Syncrude Year to Date

CALGARY, AB — (Marketwired) — 10/29/15 — All financial figures are unaudited, have been prepared in accordance with Canadian Generally Accepted Accounting Principles (“GAAP”) and are reported in Canadian dollars, unless otherwise noted.

Canadian Oil Sands Limited (TSX: COS)(OTCQX:

October 29, 2015 - 6:16 pm Canada
MEG Energy significantly reduces overall cost structure, enabling positive cash flow at low commodity prices

MEG Energy significantly reduces overall cost structure, enabling positive cash flow at low commodity prices

Non-energy operating cost target reduced to $6.90 to $7.10 per barrel from $7.30 to $9.30 per barrel; All financial figures in C$ unless otherwise noted

CALGARY, AB–(Marketwired – October 28, 2015) – MEG Energy Corp. (TSX: MEG) today

October 28, 2015 - 4:02 pm Canada, Energy News
Shell Shuts Down Second Major Project, Streamlines Upstream Operations

Shell Shuts Down Second Major Project, Streamlines Upstream Operations

Shell takes $2 billion impairment with oil sands exit in Canada

Royal Dutch Shell (ticker: RDSA) announced today that the company will not continue construction on its Carmon Creek oil sands project in Alberta. The project was expected to produce …

October 28, 2015 - 3:54 pm Canada, Oil and Gas 360 Articles, Oil Sands
Prince Rupert Gas Transmission Project Receives Oil and Gas Commission Approvals

Prince Rupert Gas Transmission Project Receives Oil and Gas Commission Approvals

Final permits issued for construction and operation of pipeline project

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Oct. 27, 2015) – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) announced today that it has received final permits from the BC Oil and Gas Commission (BCOGC), giving

October 27, 2015 - 4:12 pm Canada, Energy News
Blackbird Energy Reduces Costs on Third Montney Well by 49%

Blackbird Energy Reduces Costs on Third Montney Well by 49%

Blackbird Energy (ticker: BBI) announced today that it has successfully drilled, logged and cased its third well at Elmworth, in the Montney, located at 2-20-70-7W6 (the “2-20” well). Blackbird has a 100% working interest in the 2-20 well, as …

October 27, 2015 - 3:29 pm 360 Profile Company, Analytics, Canada, Oil and Gas 360 Articles
Precision Drilling Corporation Announces 2015 Fourth Quarter Dividend and 2015 Third Quarter Financial Results

Precision Drilling Corporation Announces 2015 Fourth Quarter Dividend and 2015 Third Quarter Financial Results

Additional Announcements Include Asset Write Downs, International Contract Award, 2016 Capital Expenditure Plan, and Amendment to Revolving Credit Facility

CALGARY, ALBERTA–(Marketwired – Oct. 22, 2015) –

(Canadian dollars except as indicated)

This news release contains “forward-looking information and statements” within

October 22, 2015 - 3:50 pm Canada, Energy News
Touchstone Announces Agreement to Acquire Strategic Onshore Trinidad Producing Assets

Touchstone Announces Agreement to Acquire Strategic Onshore Trinidad Producing Assets

CALGARY, ALBERTA–(Marketwired – Oct. 21, 2015) – Touchstone Exploration Inc. (“Touchstone” or the “Company”) (TSX:TXP) announces that it has entered into an agreement to purchase certain onshore producing assets from Trinity Exploration and Production Plc (“Trinity”) for cash consideration of …

October 21, 2015 - 3:50 pm Canada
Liberal Party Wins Majority Government in Canada with 184 Seats

Liberal Party Wins Majority Government in Canada with 184 Seats

Justin Trudeau wins surprise majority government

The Liberal Party, led by Justin Trudeau, won a majority government in a political upset in the Election for Canadian Prime Minister last night. The Liberals finished with 184 seats in the parliament (39.5%), …

October 20, 2015 - 1:44 pm Canada, Oil and Gas 360 Articles, Politics & Opinions
RMP Energy Provides Third Quarter Production and Operations Update

RMP Energy Provides Third Quarter Production and Operations Update

CALGARY, ALBERTA–(Marketwired – Oct 14, 2015) – RMP Energy Inc. (“RMP” or the “Company“) (RMP.TO) is pleased to provide a production and operations update.

Third Quarter 2015 Production

For the third quarter of 2015, …

October 14, 2015 - 5:30 pm Canada, Energy News
Tourmaline Updates 2016 and 2017 Guidance

Tourmaline Updates 2016 and 2017 Guidance

CALGARY, AB–(Marketwired – October 14, 2015) – Tourmaline Oil Corp. (TOU.TO) (“Tourmaline” or the “Company”) is pleased to provide updated production, cash flow(1) and exploration and production (“EP”) capital spending guidance for 2016 and 2017.

2016/2017

October 14, 2015 - 5:27 pm Canada, Energy News
ORLEN Upstream Acquires US$393 Million in Assets in Canada, Poland

ORLEN Upstream Acquires US$393 Million in Assets in Canada, Poland

Warsaw-based ORLEN announces two acquisitions

ORLEN Upstream, a Warsaw, Poland, based subsidiary of PKN ORLEN SA (ticker: PKN), which trades on the Warsaw Stock Exchange, announced two separate acquisitions today for assets in Canada and Poland. The deals included the …

Vermilion Energy Announces Dividend for November

Vermilion Energy Announces Dividend for November

Vermilion Energy Inc. Announces $0.215 CDN Cash Dividend for November 16, 2015 Payment Date

CALGARY, Oct. 9, 2015 /PRNewswire/ – Vermilion Energy Inc. (“Vermilion”) (TSX, NYSE: VET) is pleased to announce a cash dividend of $0.215 CDN per share payable …

October 9, 2015 - 12:41 pm Canada
Delphi Energy Continues to Innovate Its Frac Design at Bigstone and Expands Drilling Program

Delphi Energy Continues to Innovate Its Frac Design at Bigstone and Expands Drilling Program

CALGARY, ALBERTA–(Marketwired – Oct. 8, 2015) – Delphi Energy Corp. (TSX:DEE) (“Delphi” or the “Company”) is pleased to provide the following operational update.

Delphi continues to improve upon its superior capital efficiencies at Bigstone through successful innovation of its slickwater …

October 8, 2015 - 5:05 pm Canada, Energy News
TransCanada Enters Agreement to Acquire Ironwood Power Plant

TransCanada Enters Agreement to Acquire Ironwood Power Plant

CALGARY, ALBERTA–(Marketwired – Oct. 8, 2015) – TransCanada Corporation (TSX:TRP)(NYSE:TRP) (TransCanada) today announced that it has reached an agreement to acquire the Ironwood natural gas fired, combined cycle power plant in Lebanon, Pennsylvania, with a nameplate capacity of 778 megawatts …

October 8, 2015 - 4:59 pm Canada, Energy News
Source: Encana; Sound wall around DJ Basin well site rig niobrara colorado

Encana Reaches Agreement to Sell Its DJ Basin Assets for US$900 Million

CALGARY, AB–(Marketwired – October 08, 2015) – Encana Corporation (Encana) (TSX: ECA)(NYSE: ECA) announced today that its wholly-owned subsidiary, Encana Oil & Gas (USA) Inc., has reached an agreement to sell its Denver Julesburg (DJ) Basin assets …

October 8, 2015 - 4:56 pm Canada, Energy News
Higher Alberta Royalties Not What O&G Industry Needs Now: BMO

Higher Alberta Royalties Not What O&G Industry Needs Now: BMO

Higher royalty payments would pressure Alberta oil & gas producers

A report from BMO Capital Markets warned that increasing royalty payments in the Canadian province of Alberta could dampen business as it has in the past, but that the current …

October 7, 2015 - 6:00 pm Canada, Oil and Gas 360 Articles
Trans-Alaska oil pipeline

TransCanada Launches Binding Open Season for Cushing Marketlink

CALGARY, ALBERTA–(Marketwired – Oct. 7, 2015) – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today launched an Open Season to obtain binding commitments from interested parties for transportation of crude oil on Cushing Marketlink from Cushing, Oklahoma to markets on the U.S. …

October 7, 2015 - 4:37 pm Canada, Energy News
UPDATE: Canadian Oil Sands Board Rejects Suncor’s $5 Billion Hostile Takeover Attempt

UPDATE: Canadian Oil Sands Board Rejects Suncor’s $5 Billion Hostile Takeover Attempt

COS Counters SU Offer by Adopting Shareholder Rights Plan

The board of Canadian Oil Sands (ticker: COS) turned down a $5 billion offer from Suncor (ticker: SU) two days after its initial proposal, offering a shareholder rights program and providing …

Ithaca Energy Inc.: Q3-2015 Operations Update

Ithaca Energy Inc.: Q3-2015 Operations Update

CALGARY, AB–(Marketwired – Oct 5, 2015) – Ithaca Energy Inc. (TSX: IAE) (LSE: IAE)

Not for Distribution to U.S. Newswire Services or for Dissemination in the United States

Ithaca Energy Inc.

Third Quarter 2015 Operations Update

5 October 2015

October 5, 2015 - 3:17 pm Canada, Energy News
Pipe destined for TransCanada’s Keystone XL pipeline is stockpiled near Gascoyne, N.D. (CBC)

Pipelines Figure Prominently in Canada’s PM Race

The race for the position of Canadian Prime Minister continues as the October 19 elections approach, and candidates continue to spar over the importance of various pipeline projects throughout Canada. National polls last week showed the Conservatives at 31%, the …

October 5, 2015 - 1:33 pm Canada, Midstream, Oil and Gas 360 Articles, Regulatory