Yahoo! Canada Finance: Major Integrated Oil & Gas Industry News

Canada's Talisman strikes oil in Peru

Sat, 07 Nov 2009 19:37:00 GMT

Reuters - LIMA (Reuters) - Canada's Talisman Energy Inc has found light crude in an exploration bloc in northern Peru, President Alan Garcia said on Saturday, days after he announced a large natural gas find in an Amazon region.

Yemen starts exporting LNG from new plant

Sat, 07 Nov 2009 16:45:00 GMT

AFP - BALHAF, Yemen (AFP) - Yemen began exporting liquefied natural gas (LNG) from its newly built LNG plant in Balhaf on the Gulf of Aden on Saturday, with the first shipment destined for South Korea.

Yemen joins gas exporters' club

Sat, 07 Nov 2009 16:45:00 GMT

AFP - BALHAF, Yemen (AFP) - Yemen, one of the world's poorest countries, joined the international club of gas exporters Saturday with pumping starting at a newly built liquefied natural gas plant in the Gulf of Aden.

Shell Oil to pay California 19 mln dlrs over violations

Sat, 07 Nov 2009 10:13:00 GMT

AFP - SAN FRANCISCO (AFP) - Shell Oil Company will pay California more than 19 million dollars because of environmental violations at service stations throughout the state, officials said.

Deepwell Announces Update on Financing

Sat, 07 Nov 2009 01:19:21 GMT

Marketwire - Deepwell Energy Services Trust (TSX:DWL.UN) ("Deepwell" or the "Trust") is pleased to announce that it has finalized the terms of a rights offering to holders of its Units.

Trafina Energy Ltd. Increases Amount to Be Raised Under Its Previously Announced Private Placement Financing

Sat, 07 Nov 2009 00:43:39 GMT

Marketwire - Trafina Energy Ltd. ("Trafina" or "the Company") (TSX VENTURE:TFA.A) is pleased to announce that it has agreed with Acumen Capital Finance Partners Limited to increase the amount to be raised under its previously announced private placement financing of flow-through shares and units from up to $2 million to up to $2.5 million, of which $1 million will be sold on a bought-deal basis and up to $1.5 million may be sold on a best efforts basis.

Canacol Energy Ltd. Announces Grant of Options

Fri, 06 Nov 2009 23:57:01 GMT

Marketwire - Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX VENTURE:CNE) is pleased to announce that the Corporation has granted 6,700,000 stock options to eligible participants.

WesternZagros Announces 2009 Third Quarter Results

Fri, 06 Nov 2009 23:49:22 GMT

Marketwire - WesternZagros Resources Ltd. (TSX VENTURE:WZR) ("WesternZagros" or "the Company") is pleased to report its results for the three and nine month period ended September 30, 2009 and key highlights and activities to date.

Petro Andina Announces Closing of Arrangement With Pluspetrol

Fri, 06 Nov 2009 23:44:00 GMT

Marketwire - Petro Andina Resources Inc. ("Petro Andina") (TSX:PAR) is pleased to announce that Pluspetrol Resources Corporation N.V., together with its wholly owned subsidiary 1462627 Alberta Ltd., (collectively, "Pluspetrol"), have completed the previously announced Plan of Arrangement transaction (the "Arrangement") involving Petro Andina, Pluspetrol and Parex Resources Inc. ("Parex" or "the Company").

Glamis Resources Ltd. Closes Previously Announced Private Company Acquisition

Fri, 06 Nov 2009 23:32:51 GMT

Marketwire - Glamis Resources Ltd. ("Glamis") (TSX VENTURE:GLM.A) is pleased to announce that it has completed the acquisition of Connaught Energy Ltd. ("Connaught"), as detailed in its press release of October 20, 2009.

Canadian Phoenix Resources Corp.: Corporate Update

Fri, 06 Nov 2009 23:03:55 GMT

Marketwire - CANADIAN PHOENIX RESOURCES CORP. ("Canadian Phoenix" or the "Corporation") (TSX VENTURE:CPH) is pleased to provide the following update:

Chemical Facility Anti-Terrorism Standards Act Misses Opportunity to Protect Communities from Hazards of Chlorine Railcars, Says K2 Pure Solutions

Fri, 06 Nov 2009 22:21:27 GMT

Business Wire - The following statement was made in response to the full committee vote on the Chemical Facility Anti-Terrorism Standards Act (H.R. 2868 or CFATS) and was made by David Cynamon, Chairman of K2 Pure Solutions.

Nicor Subsidiary to Acquire Shipping Business - Deluxe Freight, Inc.

Fri, 06 Nov 2009 21:44:58 GMT

Business Wire - Nicor Inc. (NYSE: GAS) announced today that its subsidiary, Birdsall, Inc., has signed a definitive agreement to acquire Miami-based Deluxe Freight, Inc.

Serrano Energy Announces Strategic, Alternatives Process and Updated Reserve Information

Fri, 06 Nov 2009 21:40:57 GMT

Marketwire - Serrano Energy Ltd. ("Serrano" or the "Company") is pleased to announce the following:

Oil Sands and Energy Mega-Projects Trust (TSX:OSM.UN) Provides Details Regarding 2009 Annual Redemption

Fri, 06 Nov 2009 21:29:07 GMT

Marketwire - Sentry Select Capital Inc. ("Sentry Select") announces that unitholders of Oil Sands and Energy Mega-Projects Trust (the "Trust") (TSX:OSM.UN) who redeemed their units of the Trust effective October 30, 2009, will receive the redemption amount determined in accordance with clause (ii) of the definition of Net Realized Proceeds per Unit set out in the Trust's Amended and Restated Declaration of Trust, as Sentry Select determined that it was not practicable to make the dispositions described in clause (i) of that definition.

Peak Energy Services Trust Announces Its Third Quarter 2009 Financial Results Conference Call

Fri, 06 Nov 2009 21:15:14 GMT

Marketwire - Peak Energy Services Trust ("Peak" or the "Trust") (TSX:PES.UN) will release its Third Quarter 2009 Financial Results after market close on Thursday, November 12, 2009.

Keyera Facilities Income Fund Announces Board Resignation

Fri, 06 Nov 2009 21:05:38 GMT

CNW Group - Keyera Facilities Income Fund (TSX:KEY.UN; KEY.DB; KEY:DB.A) announced today that Wesley Twiss has resigned from the Board of Directors of Keyera Energy Management Ltd.

Stull, Stull & Brody Announces Investigation on Behalf of Investors in ProShares UltraShort DJ-UBS Crude Oil Fund

Fri, 06 Nov 2009 21:03:23 GMT

Business Wire - Attorney Advertising. Notice is hereby given that Stull, Stull & Brody has commenced...

Lux Energy Corp West Central Alberta Production Exceeds Expectations

Fri, 06 Nov 2009 21:00:34 GMT

PRNewswire - Lux Energy Corp. (the "Company") Has established a firm foothold in its West Central Alberta oil and gas venture.

NiMin Energy Corp. Announces Filing of Annual Information Form Containing Statement of Reserves Data

Fri, 06 Nov 2009 20:56:38 GMT

Marketwire - NiMin Energy Corp. (TSX:NNN) ("NiMin") announces that it has filed its annual information form for the year ended December 31, 2008, which contains the disclosure and reports relating to reserves data and other oil and gas information, effective December 31, 2008, required pursuant to National Instrument 51-101 - Standards of Disclosure for Oil and Gas Activities of the Canadian Securities Administrators, on the System for Electronic Document Analysis and Retrieval.

Bonterra Oil & Gas sells non-core producing assets for $24 million

Fri, 06 Nov 2009 20:11:00 GMT

The Canadian Press - CALGARY - Bonterra Oil & Gas Ltd. (TSX: BNE), a Calgary-based energy producer, says it has closed the sale of a portion of its Shaunavon oil production in southwestern Saskatchewan to Eagle Rock Exploration Ltd. (TSXV:ERX).

Nordic Oil and Gas Ltd. Announces Initial Closing of Private Placement Offering of Debentures

Fri, 06 Nov 2009 20:10:20 GMT

CNW Group - Mr. Donald Benson, Chairman and Chief Executive Officer of Nordic Oil and Gas Ltd. (the "Corporation"),...

Maxwell Technologies CEO David Schramm to Present at Thomas Weisel Alternative Energy Conference in New York

Fri, 06 Nov 2009 19:51:01 GMT

PRNewswire - David Schramm, president and chief executive officer of Maxwell Technologies, Inc. (Nasdaq: MXWL) will present at the Thomas Weisel Partners Alternative Energy & Natural Resources Conference at 3:15 p.m. (EST) on November 10, 2009 at the New York Palace Hotel.

Just Energy Delivers Clean Air and Energy Security With New York-Based Wind Power

Fri, 06 Nov 2009 19:47:38 GMT

CNW Group - Just Energy, one of North America's leading natural gas and electricity retailers and provider of green energy, is excited to announce an agreement with Iberdrola Renewables to purchase Renewable Energy Credits ("RECs") from wind power produced in New York State.

Border Announces Completion of Financing

Fri, 06 Nov 2009 19:34:31 GMT

Marketwire - Border Petroleum Inc. (NEX:BOP.H) ("Border" or the "Corporation") announces that it has completed the second closing of its previously announced private placement involving the issuance of 820,000 units at a price of $0.05 per unit for gross proceeds of $41,000 (the "Private Placement").

National Fuel Gas Company to Conduct Financial Analyst Presentation

Fri, 06 Nov 2009 19:34:27 GMT

Business Wire - National Fuel Gas Company (“National Fuel”) (NYSE: NFG) will conduct a presentation for financial analysts in New York City on Thursday, November 12, 2009, at approximately 8:30 a.m.

TouchStar and Ultramar Successfully Complete Pilot Project and Move to Roll-Out Phase

Fri, 06 Nov 2009 19:06:22 GMT

Business Wire - TouchStar, a Tulsa, OK based leading provider of mobile computing and field workforce automation, announced today that Ultramar Ltd., one of the largest marketers and refiners of petroleum products in Canada, successfully completed a TouchStar software pilot comprised of FuelWare™, TS FleetMarshal™, TS Schedule™, TS HyperDocs™ and e-NABLE™ Middleware.

CILCORP Inc. Announces Tender Offer and Consent Solicitation

Fri, 06 Nov 2009 19:02:00 GMT

PRNewswire - CILCORP Inc. ("CILCORP"), a wholly owned subsidiary of Ameren Corporation (NYSE: AEE), announced today that it has commenced a cash tender offer (the "tender offer") for any and all of its outstanding 9.375% senior bonds due 2029 (CUSIP No. 171794 AF7) (the "bonds").

Roper Industries Announces Two Acquisitions to Enhance Growth in Medical and Toll & Traffic Businesses

Fri, 06 Nov 2009 19:00:31 GMT

PRNewswire - Roper Industries, Inc. (NYSE: ROP) today announced that it has signed a definitive agreement to acquire Verathon, Inc., a leading provider of proprietary medical devices.

Amazon Defense Coalition: Kerry Kennedy Accuses Chevron of Cultural Genocide in Ecuador Rainforest

Fri, 06 Nov 2009 18:57:34 GMT

Business Wire - The massive oil contamination for which Chevron faces a potential $27 billion liability in Ecuador’s courts is a “clear violation” of the rights of indigenous peoples to life, security, and self-determination, said Kerry Kennedy, a human rights advocate and daughter of the late Robert F.

HSE to release September 30, 2009 financial results on November 10, 2009 and host Conference Call on November 11, 2009

Fri, 06 Nov 2009 18:40:10 GMT

CNW Group - HSE Integrated Ltd. announces that it will be releasing its third quarter results after the close of the markets on November 10, 2009.

Whiting USA Trust I Announces Trust Quarterly Distribution

Fri, 06 Nov 2009 18:33:25 GMT

Business Wire - Whiting USA Trust I (NYSE: WHX) announced the Trust distribution of Net Profits for the third quarterly Payment Period of 2009.

Bonterra Oil & Gas Ltd. Announces Sale of Non-Core Producing Assets

Fri, 06 Nov 2009 18:30:18 GMT

CNW Group - Bonterra Oil & Gas Ltd. (www .bonterraenergy.com) (TSX: BNE) ("Bonterra" or the "Company") announces that it has closed its previously announced agreement to divest of a portion of its Shaunavon oil production to Eagle Rock Exploration Ltd. (TSXV: ERX) ("Eagle Rock").

Ukraine pays Russia for gas after Putin warning: PM

Fri, 06 Nov 2009 18:07:00 GMT

AFP - MARIUPOL, Ukraine (AFP) - Ukraine has paid Russia for October gas supplies, Prime Minister Yulia Tymoshenko said on Friday, after her Russian counterpart Vladimir Putin had warned against late payment.

Houston American Energy Announces Third Quarter 2009 Financial Results - Company Declares Quarterly Dividend of $.005 per Share -

Fri, 06 Nov 2009 18:05:15 GMT

PRNewswire - Houston American Energy Corp. (Nasdaq: HUSA) yesterday reported its financial results for the quarter ended September 30, 2009.

MGE Energy Issues Third-Quarter Financial Update

Fri, 06 Nov 2009 17:29:23 GMT

Business Wire - MGE Energy, Inc. (Nasdaq: MGEE) today published its third-quarter 2009 financial update presentation.

Ameren Corporation Reduces Staff by 300 Positions

Fri, 06 Nov 2009 17:03:27 GMT

PRNewswire - Ameren Corporation (NYSE: AEE) today announced that, through a combination of voluntary and involuntary separation programs, the corporation will have eliminated approximately 300 positions with substantially all employees separated from the company by Dec. 31, 2009.

Constellation Energy and EDF Group Complete Nuclear Joint Venture

Fri, 06 Nov 2009 16:49:28 GMT

Business Wire - Constellation Energy (NYSE:CEG) and EDF Development Inc. (a wholly-owned subsidiary of EDF S.A.) today announced that EDF has completed its investment in Constellation Energy Nuclear Group, LLC, which is structured as a new joint venture.

BreitBurn Energy Partners L.P. Reports Third Quarter Results

Fri, 06 Nov 2009 16:48:36 GMT

Business Wire - BreitBurn Energy Partners L.P. (the "Partnership") (NASDAQ:BBEP) today announced financial and operating results for its third quarter of 2009.

Novus Energy Inc. Increases Subscription Receipts Financing to $30.0 Million

Fri, 06 Nov 2009 16:36:27 GMT

Marketwire - Novus Energy Inc. ("Novus" or the "Company") (TSX VENTURE:NVS) is pleased to announce that the Company has reached an agreement with a syndicate of underwriters co-led by Cormark Securities Inc and GMP Securities L.P., and including Canaccord Capital Corporation, Clarus Securities Inc., CIBC World Markets Inc., Acumen Capital Finance Partners Limited, National Bank Financial Inc. and Toll Cross Securities Inc., in respect of its underwritten subscription receipt ("Subscription Receipts") financing announced on November 6, 2009 to increase the size of the financing by 7.7 million Subscription Receipts.

Revised: Baker Hughes Announces October 2009 Rig Counts

Fri, 06 Nov 2009 16:06:55 GMT

PRNewswire - Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for October 2009 was 983, down 3 from the 986 counted in September 2009, and down 113 from the 1,096 counted in October 2008.

CanElson Announces Third Quarter Financial Results and Employee Stock Savings Plan

Fri, 06 Nov 2009 16:03:34 GMT

Marketwire - CanElson Drilling Inc. ("CanElson" or "the Company") (TSX VENTURE:CDI) yesterday announced its third quarter financial results for the three and nine month periods ended September 30, 2009 and today reissues its third quarter press release confirming all amounts are reported in thousands.

Research and Markets: Kuwait Oil and Gas Report Q4 2009 - Between 2008 and 2018, an Increase is Forecasted in Kuwaiti Oil Production of 29.3%

Fri, 06 Nov 2009 16:00:59 GMT

Business Wire - Research and Markets (http://www.researchandmarkets.com/resea rch/40e935/kuwait_oil_and_gas) has announced the addition of the "Kuwait Oil and Gas Report Q4 2009" report to their offering.

Galvanic announces reorganization of operations

Fri, 06 Nov 2009 15:57:12 GMT

CNW Group - Galvanic Applied Sciences Inc. TSXV: GAVV ("Galvanic") announces that it is reorganizing the...

ADA-ES Schedules 2009 Third Quarter Financial Results News Release and Conference Call for Monday, November 16, 2009

Fri, 06 Nov 2009 15:47:30 GMT

Business Wire - ADA-ES, Inc. (NASDAQ:ADES) announced today that it will issue its financial results for the third quarter ended September 30, 2009 on Monday, November 16, 2009 before the stock market opens.

Brompton Advantaged Oil & Gas Income Fund Files Final Prospectus on Warrants Offering

Fri, 06 Nov 2009 15:41:20 GMT

Marketwire - Brompton Advantaged Oil & Gas Income Fund (TSX:AOG.UN) is pleased to announce that it has filed a final prospectus for an offering of warrants to unitholders of the Fund.

Research and Markets: Forecasts Reveal That South Africa Will Account For 14.41% of African Regional Oil Demand By 2013

Fri, 06 Nov 2009 15:37:22 GMT

Business Wire - Research and Markets(http://www.researchandmarkets.co m/research/57df04/south_africa_oil_a) has announced the addition of the "South Africa Oil and Gas Report Q4 2009" report to their offering.

Brompton Oil & Gas Income Fund Files Final Prospectus on Warrants Offering

Fri, 06 Nov 2009 15:31:42 GMT

Marketwire - Brompton Oil & Gas Income Fund (TSX:OGF.UN) is pleased to announce that it has filed a final prospectus for an offering of warrants to unitholders of the Fund.

Just Energy Reports Second Quarter Results

Fri, 06 Nov 2009 15:26:05 GMT

Marketwire - Just Energy Income Fund (TSX:JE.UN) -

Sea Dragon Energy Inc. Announces the Closing of its Underwritten Private Placement Equity Financing

Fri, 06 Nov 2009 14:27:36 GMT

CNW Group - Sea Dragon Energy Inc. ("Sea Dragon" or the "Corporation") (TSX VENTURE: SDX) is pleased to announce that it has closed its previously announced underwritten private placement financing, including the exercise of the underwriters' option and a concurrent non-brokered private placement on the same terms, for total gross proceeds of $15,000,000 (the "Financing").

Lion Energy Corp. (TSX-V: LEO), Southern Star Energy Inc. (OTC Bulletin Board: SSEY) and Gold Star Resources Corp. (TSX-V: GXX) Announce Proposed Busi

Fri, 06 Nov 2009 14:26:26 GMT

CNW Group - Lion Energy Corp. ("Lion") (TSX-V: LEO), a Canadian exploration company focused on acquiring, exploring and developing oil and gas reserves in Central and East Africa, Southern Star Energy Inc. ("Southern") (OTC Bulletin Board: SSEY), a U.S.- based oil and gas exploration company with lease acreage properties in Louisiana, and Gold Star Resources Corp. ("Gold Star")(TSX-V: GXX), a Canadian resource exploration company focused on the strategic acquisition and advancement of prospective oil and gas projects in West Africa, are pleased to announce that they have signed a non-binding letter of intent to complete a proposed business combination (the "Transaction").

ARISE Technologies Issuing 2009 Third-Quarter Financial Results November 11; Conference Call at 8:30 a.m. (ET) November 12

Fri, 06 Nov 2009 14:22:55 GMT

CNW Group - ARISE Technologies Corporation (TSX: APV and Frankfurt: A3T), which is dedicated to becoming a leader in high-performance, high quality, cost-effective solar technology, will release its 2009 third-quarter financial results after 5:00 p.m. (Eastern) on Wednesday, November 11, 2009.

AES Raises $1.58 Billion in New Capital

Fri, 06 Nov 2009 14:19:38 GMT

Business Wire - The AES Corporation (NYSE: AES) today announced a binding stock purchase agreement with a wholly-owned investment subsidiary of China Investment Corporation (CIC) to raise $1.58 billion of new equity to fund growth opportunities and extend its global leadership in the power sector.

AES Reports Strong Third Quarter Results and Increases 2009 Full Year Earnings and Free Cash Flow Guidance

Fri, 06 Nov 2009 14:18:05 GMT

Business Wire - The AES Corporation (NYSE:AES) today reported results for the third quarter ended September 30, 2009.