Mart Resources, Inc.: UMU-13 Well Drilling Update
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- The UMU-13 well discovers hydrocarbons in a separate seismically defined structure that is located east of the existing producing area of the Umusadege field. The well was drilled to a total depth of 9,300 feet. - Preliminary evaluations based on open-hole well logging, pressures and drilling data indicate that…
Margaux Resources Ltd. Announces Appointment of Chief Financial Officer
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CALGARY, ALBERTA -- (Marketwired) -- 12/04/14 -- Margaux Resources Ltd. (TSX VENTURE: MRL) ("Margaux" or the "Company") is pleased to announce that Mr. Anthony Moreau has been appointed as the Chief Financial Officer of the Company. He succeeds Tyler Rice who remains as President and Chief Executive Officer.…
Cub Energy Inc.: New Ukraine Government and Banking Developments
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HOUSTON, TEXAS -- (Marketwired) -- 12/04/14 -- Cub Energy Inc. ("Cub" or the "Company") (TSX VENTURE: KUB) comments on the potential impact of new decrees from the Ukrainian government and the National Bank of Ukraine.As reported in our press release of September 29, 2014, the Management Board of…
Serinus Energy Inc.: Ukraine: New Government and Banking Developments
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CALGARY, ALBERTA -- (Marketwired) -- 12/04/14 -- Serinus Energy Inc. ("Serinus", "SEN" or the "Company") (TSX: SEN)(WARSAW: SEN), comments on the potential impact of new decrees from the Ukrainian government and the National Bank of Ukraine.As reported in our press release of September 29, 2014, the Management Board…
Touchstone Enters Into Credit Facility
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CALGARY, ALBERTA -- (Marketwired) -- 12/04/14 -- Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX: TXP) announces that two of its indirect wholly-owned Trinidad subsidiaries, Touchstone Exploration (Trinidad) Ltd. and Primera Oil and Gas Limited (the "Borrowers"), have entered into an agreement with The Bank of Nova Scotia,…
New turnaround projects for Voith in Scandinavia
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- Voith Industrial Services continues to boost market position with turnarounds in Scandinavia - New project at St1 refinery in Gothenburg…
Enbridge Income Fund to Receive Large Scale Drop Down Proposal From Enbridge
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CALGARY, ALBERTA -- (Marketwired) -- 12/03/14 -- Enbridge Income Fund (EIF or the Fund) and Enbridge Income Fund Holdings Inc. (TSX: ENF) (EIFH) were advised today that Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge), which is the sponsor of the Fund and of EIFH, intends to make a…
Enbridge Announces 33% Dividend Increase, Financial Restructuring Plans, Revised Payout Policy and 2015 Adjusted Earnings Guidance
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CALGARY, ALBERTA -- (Marketwired) -- 12/03/14 --Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) today announced a 33% increase to its next quarterly common share dividend as well as a Canadian restructuring plan and corresponding new dividend payout policy range. These actions are intended to enhance the value…
Canadian Oil Sands Announces 2015 Budget
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Conference call scheduled for December 4 at 7:00 a.m. MT; details provided at end of release Unless otherwise noted: All figures are based on Canadian Oil Sands-- 36.74 per cent working interest in the Syncrude joint venture; all financial figures are in Canadian dollars and have been prepared in accordance…
Deep Well Announces Preliminary Results of the Sawn Lake SAGD Demonstration Project
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EDMONTON, ALBERTA -- (Marketwired) -- 12/03/14 -- Deep Well Oil & Gas, Inc. (and its subsidiaries - "Deep Well" or "Company") (OTCQB: DWOG) is pleased to announce preliminary results of the Sawn Lake Steam Assisted Gravity Drainage ("SAGD") Demonstration Project.For Phase 1 of the SAGD demonstration project, one…