Headlines for May 18, 2017

  1. Corporate Consolidation Not On Storm’s Radar

    While there has been growing talk about Montney consolidation, Storm Resources Ltd., an intermediate natural gas weighted player at Umbach in northeast British Columbia, is in no hurry to join the parade, shareholders heard Wednesday.

  2. Daily Infographic: U.S. Production Increases, Reports IEA

    According to the most recent consolidated monthly production figures published by the U.S. Energy Information Administration (EIA), U.S. crude oil output increased by a sharper than expected 190,000 bbls a day in February, to 9.03 million bbls per day, the International Energy Agency (IEA) noted in its recent monthly oil report.

  3. Southern Pacific Resource Corp. et al - Revised Sales Process Bid Deadline

    y agreement between PricewaterhouseCoopers Inc. LIT, court appointed Receiver and Manager ("Receiver") of Southern Pacific Resources Corp. et al (the "Company") and Houlihan Lokey ("Financial Advisor") the bid deadline for court approved process the court approved sales process of the Company's assets has been extended to June 30, 2017.

  4. Canadian Natural Gas Stocks Rise 1.5 Per Cent

    A Canadian Enerdata weekly survey of Canadian natural gas in storage showed a total of 437.7 bcf of gas in storage for the week ended May 12, 2017, up 1.5 per cent from 431.3 bcf the previous week.

  5. NEB Closes Enbridge Order

    The National Energy Board (NEB) has notified Enbridge Pipelines Inc. that Safety Order SO-E101-001-2013 has been fulfilled by the company and the order will now be closed.

  6. Traverse Closes Private Placement

    Traverse Energy Ltd. has closed its previously announced private placement of common shares and warrants for gross proceeds of $2 million.

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