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Enbridge Reviewing Restructuring Plan to Drop Down Its U.S. Liquids Pipeline Assets to Enbridge Energy Partners

Enbridge Reviewing Restructuring Plan to Drop Down Its U.S. Liquids Pipeline Assets to Enbridge Energy Partners

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HOUSTON, TX -- (Marketwired) -- 12/03/14 -- Enbridge Inc. (NYSE: ENB) (TSX: ENB) ("Enbridge" or "ENB") has announced it is reviewing a potential restructuring plan that would involve the transfer of its directly held U.S. liquids pipeline assets to Enbridge Energy Partners, L.P. (NYSE: EEP) (the "Partnership" or "EEP"),…

Enbridge Income Fund to Receive Large Scale Drop Down Proposal From Enbridge

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

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

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…

Algae Biomass Organization Welcomes House Extension of Biofuels Tax Credit, Calls for Long-Term Solution

Algae Biomass Organization Welcomes House Extension of Biofuels Tax Credit, Calls for Long-Term Solution

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WASHINGTON, DC -- (Marketwired) -- 12/03/14 -- The Algae Biomass Organization, the trade association for the algae industry, expressed appreciation for passage in the House of Representatives of legislation that would extend expired tax credits for advanced biofuels through the end of 2014, but called on Congress and the…

Savanna Energy Services Corp. Announces Appointment of Stella Cosby to Board of Directors

Savanna Energy Services Corp. Announces Appointment of Stella Cosby to Board of Directors

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CALGARY, ALBERTA -- (Marketwired) -- 12/03/14 -- Savanna Energy (TSX: SVY) is very pleased to announce the appointment of Stella Cosby to its Board of Directors.Ms. Cosby is a Senior Human Resources executive with expertise in working with global growth companies in areas such as business effectiveness, succession…

Deep Well Announces Preliminary Results of the Sawn Lake SAGD Demonstration Project

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…

Deep Well Announces Preliminary Results of the Sawn Lake SAGD Demonstration Project

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…

Caspian Energy Inc. Announces Drawdown Under Second Tranche of Previously Announced Loan Agreement

Caspian Energy Inc. Announces Drawdown Under Second Tranche of Previously Announced Loan Agreement

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CALGARY, ALBERTA -- (Marketwired) -- 12/03/14 -- Caspian Energy Inc. (TSX VENTURE: CKZ.H) ("Caspian") announces that it has drawn down and received an additional U.S.$900,000 under the second tranche of the loan facility (the "Second Tranche") provided pursuant to the loan agreement (the "Loan Agreement") dated July 7,…

Catherine M. Roozen Appointed to Board of Directors, EPCOR Utilities Inc.

Catherine M. Roozen Appointed to Board of Directors, EPCOR Utilities Inc.

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EDMONTON, ALBERTA -- (Marketwired) -- 12/03/14 -- EPCOR Utilities Inc. (EPCOR) is pleased to announce that Catherine M. Roozen has been appointed to its Board of Directors effective November 7, 2014."It is a privilege to welcome Mrs. Roozen to our Board. She is a widely recognized and respected…