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

Gas Natural Adopts SmartSignal Predictive Diagnostics Fleet-Wide

Tue, 24 Nov 2009 06:00:41 GMT

Business Wire - SmartSignal® Corporation today announced that Gas Natural has selected SmartSignal EPI*Center® software to monitor 22 combined cycle units and six coal power units, responsible for 10,774 MW of power generation, across Spain and Mexico.

Paramount Energy Trust Announces Enhanced Terms to the Proposed Amendments of Convertible Debentures and Moves Serial Meeting Date to December 7, 2009

Tue, 24 Nov 2009 01:11:41 GMT

CNW Group - Paramount Energy Trust (TMX: PMT.UN) ("PET" or the "Trust") today announced that it has revised the terms of the proposed amendments to its 6.25% convertible unsecured subordinated debentures due June 30, 2010 (the "2010 Debentures") (TMX: PMT.DB.A) and its 6.25% convertible unsecured subordinated debentures due April 30, 2011 (the "2011 Debentures") (TMX: PMT.DB.B).

Callon Petroleum Company Announces Expiration and Results of Private Exchange Offer For 9.75% Senior Notes Due 2010

Tue, 24 Nov 2009 00:22:24 GMT

Business Wire - Callon Petroleum Company (NYSE: CPE), announced today the expiration and results of its offer to exchange any and all of its outstanding 9.75% Senior Notes due 2010 (the “Senior Notes”).

/C O R R E C T I O N -- BJ Services Company/

Tue, 24 Nov 2009 00:06:49 GMT

PRNewswire - BJ Services Company (NYSE: BJS; PCX; CBOE) today reported a net loss from continuing operations of $2.8 million, or $(0.01) per diluted share, for the fourth quarter of fiscal 2009, which ended September 30, 2009, compared to a net loss from continuing operations of $0.10 per diluted share for the previous quarter and net income from continuing operations of $0.59 per diluted share for the fourth quarter of fiscal 2008.

Fitch Affirms ConocoPhillips' IDR at 'A'; Outlook Stable

Tue, 24 Nov 2009 00:02:23 GMT

Business Wire - Fitch Ratings has affirmed the following ratings of ConocoPhillips (COP):

Anterra Energy Announces Closing of Financing and Director Changes

Mon, 23 Nov 2009 23:51:01 GMT

Marketwire - Anterra Energy Inc. ("Anterra" or the "Company") (TSX VENTURE:AE.A) (TSX VENTURE:AE.B) announced today that it closed the balance of the first $3,000,000 tranche of its previously announced $15,000,000 private placement.

Pinnacle Announces Third Quarter Earnings

Mon, 23 Nov 2009 23:27:02 GMT

PRNewswire - -- Pinnacle Gas Resources, Inc. (Nasdaq: PINN) today reported the Company's financial results for the third quarter and nine months ended September 30, 2009 which included the following information:

Kinder Morgan Expects to Distribute $4.40 Per Unit for 2010

Mon, 23 Nov 2009 23:23:29 GMT

Business Wire - Kinder Morgan Energy Partners, L.P. (NYSE: KMP) today announced its preliminary projections for next year, stating that it expects KMP to declare cash distributions of $4.40 per unit for 2010, a 4.8 percent increase over its 2009 budget target of $4.20 per unit.

Ironhorse Oil & Gas Inc. Announces Upcoming Participation in Investor Forums

Mon, 23 Nov 2009 23:20:45 GMT

Filing Services Canada - Ironhorse Oil & Gas Inc. (IOG - TSX Venture), is pleased to announce it has posted its current investor presentation on the Company's website.

Kelman Technologies Inc. convertible secured debenture financing

Mon, 23 Nov 2009 23:14:26 GMT

CNW Group - Kelman Technologies Inc. ("Kelman") announced today that it has reached an agreement with Epstein Enterprises Inc. ("EEI"), a corporation controlled by Seymour Epstein, Chairman of the Board of Directors and major shareholder of Kelman, to issue EEI a CDN$650,000 principal amount convertible debenture.

Norwood Will Redrill San Bartolo Sidetrack Well

Mon, 23 Nov 2009 22:59:01 GMT

PRNewswire - Norwood Resources Ltd. (the "Company") announces that the Company will drill a second sidetrack well at San Bartolo, Nicaragua.

ATWOOD OCEANICS Announces Fourth Quarter Earnings for FY 2009

Mon, 23 Nov 2009 22:05:02 GMT

PRNewswire - ATWOOD OCEANICS, INC. (NYSE: ATW), Houston-based International Drilling Contractor, announced today that the Company earned net income of $48,284,000 or $0.75 per diluted share, on revenues of $131,044,000 for the quarter ended September 30, 2009 compared to net income of $74,753,000 or $1.16 per diluted share, on revenues of $160,654,000 for the quarter ended September 30, 2008.

Fortress Energy Inc.- Oil & Gas Investor Forums November 24, 25, 26, 2009- Notification of Conference Participation

Mon, 23 Nov 2009 21:57:56 GMT

Marketwire - Fortress Energy Inc. (TSX:FEI) will be presenting at the Canadian Energy Equities Conference, www.CNRGQ.com.

Husky Energy discovers additional oil offshore Eastern Canada

Mon, 23 Nov 2009 21:48:00 GMT

The Canadian Press - CALGARY - Husky Energy (TSX:HSE) announced Monday the discovery of additional oil resources in the White Rose oil field offshore eastern Canada.

Orleans Energy Provides Corporate Update

Mon, 23 Nov 2009 21:37:35 GMT

Marketwire - Orleans Energy Ltd. ("Orleans" or the "Company") (TSX:OEX) is pleased to provide the following updates:

Eaglewood Energy PPL 259 Deposit Received, Farm-Out Variation

Mon, 23 Nov 2009 21:34:32 GMT

Marketwire - Eaglewood Energy Inc. ("Eaglewood" or the "Corporation") (TSX VENTURE:EWD) announced that it has received the final non-refundable deposit of US $2,000,000 relating to the farm-out of PPL 259 from Mega Fortune International ("Mega").

Mesa Offshore Trust Announces No Trust Income for November 2009

Mon, 23 Nov 2009 21:20:21 GMT

Business Wire - Mesa Offshore Trust (OTCBB: MOSH) announced that there will be no Trust income distribution for the month of November 2009 for Unitholders of record on November 30, 2009.

Fibrowatt LLC Selects Fagen, Inc. as the EPC Contractor for up to Three Biomass-Fueled Power Projects in the Southeast United States.

Mon, 23 Nov 2009 21:19:15 GMT

PRNewswire - Fibrowatt LLC, a member of the Homeland Renewable Energy Group, announced today it has executed an initial agreement with Fagen, Inc. for the engineering, procurement, and construction (EPC) of its first biomass-fueled power project in North Carolina. The primary fuel consumed by this power plant will be poultry litter.

Copano Energy to Present at the 2009 FBR Capital Markets Fall Investor Conference

Mon, 23 Nov 2009 21:15:15 GMT

PRNewswire - Copano Energy, L.L.C. (Nasdaq: CPNO) announced today that R. Bruce Northcutt, its President and Chief...

Ripper Oil and Gas Inc. releases second quarter results

Mon, 23 Nov 2009 21:05:22 GMT

CNW Group - Ripper Oil and Gas Inc. ("RIP") reports its second quarter results. For the six month period...

Rio Vista Energy Partners L.P. Receives Additional Letter From Nasdaq

Mon, 23 Nov 2009 21:04:50 GMT

Business Wire - Rio Vista Energy Partners L.P. (NASDAQ: RVEP), an energy services master limited partnership, announced today that it had received on November 18, 2009 a letter from the Nasdaq Stock Market (Nasdaq) staff indicating that since Nasdaq did not receive Rio Vista’s Report on Form 10-Q for the period ended September 30, 2009 (September 2009 Delinquent Filing), the September 2009 Delinquent Filing would serve as additional basis for delisting Rio Vista’s securities from The Nasdaq Capital Market.

Photo of ExxonMobil's Point Thomson Project is Available on Business Wires Website and AP Photo Express. The Project Has Completed Its Summer Work Pro

Mon, 23 Nov 2009 20:49:26 GMT

Business Wire - Photo of ExxonMobil's Point Thomson Project is available on Business Wire’s website and AP Photo Express.

BNK announces new corporate presentation on website

Mon, 23 Nov 2009 20:44:50 GMT

CNW Group - BNK Petroleum Inc. (TSX: BKX) (the "Company ") announces that it has posted a new corporate slide presentation on its website www.b nkpetroleum.com which contains current information on the Company's activities in the United States as well as its European prospects and concessions.

Pétrolia Announces a Non-Brokered Private Placement for $5,000,000

Mon, 23 Nov 2009 20:44:22 GMT

Marketwire - Petrolia inc. ("Petrolia") (TSX VENTURE:PEA) announces that it will proceed with a non-brokered private placement of units and flow-through shares for $5,000,000, consisting of up to $2,500,000 of units and up to $2,500,000 of flow-through shares (the " Offering").

Spectra Energy Announces Open Season for Texas Eastern Appalachia to Market (TEAM) 2013 Expansion Program

Mon, 23 Nov 2009 20:15:24 GMT

PRNewswire - Spectra Energy Corp's (NYSE: SE) Texas Eastern Transmission, LP (Texas Eastern) today announced an open season for TEAM 2013, a proposed expansion of its existing Texas Eastern system to deliver additional, emerging Appalachian and Marcellus Shale natural gas supplies to premium markets in the U.S.

CAMAC Signs Purchase and Sale Agreement on Oyo Oilfield With Pacific Asia Petroleum

Mon, 23 Nov 2009 20:14:54 GMT

PRNewswire - CAMAC Energy Holdings Limited today announced it signed a Purchase and Sale Agreement covering the Oyo Oilfield which will result in its acquiring a 62.74% ownership interest in Pacific Asia Petroleum, Inc. (PAP) headquartered in Hartsdale, New York.

Toronto stocks higher as oil, metals rise; N.Y. ahead on positive housing data

Mon, 23 Nov 2009 19:49:00 GMT

The Canadian Press - TORONTO - The Toronto stock market advanced Monday afternoon but was off early highs as gains in energy and gold stocks moderated.

Best Energy Services to File Second Quarter Results on Monday November 23, 2009

Mon, 23 Nov 2009 19:46:38 GMT

PRNewswire - Best Energy Services, Inc. (OTC Bulletin Board: BEYS) will file its financial results for the three and nine months ended September 30, 2009 on Monday, November 23, 2009.

Smith International, Inc. Closes Previously Announced Public Offering of Common Stock

Mon, 23 Nov 2009 18:56:27 GMT

Business Wire - Smith International, Inc. (NYSE: SII) (“Smith”) today announced that it has closed its previously announced public offering of 28,000,000 shares of its common stock at $26.50 per share.

Spectrum Blue Steel and TGEG Announce Their Go Green Campaign for 2010

Mon, 23 Nov 2009 18:50:49 GMT

PRNewswire - In an announcement today, Ronald Flynn, Founder of Spectrum Blue Steel, stated, "We have initiated the fastest growing alternative energy program in Asia -- not only securing clean, green, renewable energy sources to power the Philippines but encouraging environmental innovation, and technologies that will spur economic growth and grow tomorrow's green energy jobs."

$39bn Encana to Gain From Cenovus Spinoff, Says The Spinoff Report

Mon, 23 Nov 2009 18:34:35 GMT

Business Wire - Encana Corp. (ECA) the leading North American Natural Gas and Integrated Oil Company, is to Spinoff its subsidiary Cenovus, which accounts for 55% of its Revenues.

Reportlinker Adds Fuel Cells for Portable Power Applications

Mon, 23 Nov 2009 18:30:19 GMT

PRNewswire - Reportlinker.com announces that a new market research report is available in its catalogue.

Oil, global stocks surge on upbeat economic data

Mon, 23 Nov 2009 18:29:00 GMT

Reuters - NEW YORK (Reuters) - Gold hit a fresh record high on dollar weakness and global stocks surged on Monday after upbeat economic news in the euro zone and better-than-expected U.S. home sales data bolstered appetite for riskier assets.

Border Announces Appointment of New President & CEO and Change in Directors

Mon, 23 Nov 2009 18:28:07 GMT

Marketwire - Border Petroleum Inc. (NEX:BOP.H) ("Border" or the "Corporation") announces that Kelly Kimbley has been appointed as President and Chief Executive Officer and to the Board of Directors effective November 20, 2009.

Century Energy Announces Non-Brokered Private Placement

Mon, 23 Nov 2009 18:19:15 GMT

Marketwire - THIS RELEASE IS Century Energy Ltd. (TSX VENTURE:CEY) ("Century" or the "Company") announced today it intends to proceed with a non-brokered private placement offering of up to 5,714,286 units ("Units") at a subscription price of $0.07 Canadian per Unit for gross proceeds of up to $400,000 Canadian.

Petroplus Announces Executive Management Change

Mon, 23 Nov 2009 18:03:37 GMT

Business Wire - Regulatory News:

Emerald Bay announces proposed private placement

Mon, 23 Nov 2009 17:52:17 GMT

CNW Group - Emerald Bay Energy Inc. (TSX Venture: EBY) (the "Corporation") today reported that the Corporation is proposing a non-brokered private placement offering of up to maximum of 12,500,000 common shares ("Common Shares") of the Corporation.

Bontan Corporation Obtains Significant Israel Offshore Oil and Gas Concessions

Mon, 23 Nov 2009 17:45:32 GMT

Marketwire - Bontan Corporation Inc. (Bontan) (OTCBB:BNTNF) is pleased to announce that it has acquired, through its wholly owned subsidiary, an indirect 71.63% working interest in two drilling licenses and one exploration permit in the Levantine Basin, 40 kilometers off the West coast of Israel in the eastern Mediterranean ("Project Assets").

Normal Outage Work at Three Mile Island Resumes

Mon, 23 Nov 2009 17:39:16 GMT

PRNewswire - Outage workers at Three Mile Island Unit 1 who were sent home Saturday evening returned to work Sunday and today and normal outage work has resumed.

Research and Markets: Analyzing China's Biofuel Industry

Mon, 23 Nov 2009 17:34:41 GMT

Business Wire - Research and Markets (http://www.researchandmarkets.com/resea rch/21a682/analyzing_chinas) has announced the addition of the "Analyzing China's Biofuel Industry" report to their offering.

Stream Energy Supports H.E.A.T., Inc. in Georgia with $10,000 Donation

Mon, 23 Nov 2009 17:32:23 GMT

Business Wire - Stream Energy Chairman Rob Snyder has announced that the company has made a major donation to H.E.A.T., the Heating Energy Assistance Team, based in Atlanta.

Research and Markets: A Comprehensive Analysis of Renewable Energy in Brazil

Mon, 23 Nov 2009 17:04:41 GMT

Business Wire - Research and Markets (http://www.researchandmarkets.com/resea rch/9a3600/analyzing_renewabl) has announced the addition of the "Analyzing Renewable Energy in Brazil" report to their offering.

Research and Markets: Analyzing the Indian Biofuel Industry - Now Available

Mon, 23 Nov 2009 17:00:49 GMT

Business Wire - Research and Markets (http://www.researchandmarkets.com/resea rch/65cbe7/analyzing_the_indi) has announced the addition of the "Analyzing the Indian Biofuel Industry" report to their offering.

Husky finds another 60M barrels offshore

Mon, 23 Nov 2009 16:41:05 GMT

CBC - Calgary-based Husky Energy has found more oil in the White Rose field off Newfoundland, the company announced Monday.

Generac Announces New Industrial Dealer in Pacific Northwest

Mon, 23 Nov 2009 16:21:44 GMT

Business Wire - Generac® Power Systems, Inc., the leader in standby power generation, is pleased to announce that D Square Energy Systems, North Bend, Wash., has signed on as a Generac Industrial Power dealer, expanding the reach of Generac in the Pacific Northwest.

Sliding U.S. dollar pushes TSX higher

Mon, 23 Nov 2009 16:21:12 GMT

CBC - The U.S. dollar continued its slide Monday and gold touched another record high.

FirstEnergy Acquires Rights to Norton Energy Storage Project

Mon, 23 Nov 2009 16:15:13 GMT

PRNewswire - FirstEnergy Generation Corp., a subsidiary of Akron, Ohio-based FirstEnergy Corp. (NYSE: FE) today announced that it has purchased the rights to develop a compressed-air electric generating plant on a 92-acre site in Norton, Ohio, from CAES Development Company, LLC.

ITT Systems Will Supply Fresh Water to Mexican Oil Platform

Mon, 23 Nov 2009 16:06:13 GMT

Business Wire - ITT Corporation (NYSE: ITT) announced today that it has been awarded a contract to provide turnkey potable and process water treatment systems to a Mexican platform designed by Dragados Offshore Mexico.

AmeriGas Partners, L.P. to Conduct Investor Update Conference Call and Webcast on December 1

Mon, 23 Nov 2009 16:05:48 GMT

Business Wire - AmeriGas Partners, L.P. (NYSE:APU) will host a live Internet Audio Webcast of its Investor Update conference call at 4:00 PM ET on Tuesday, December 1, 2009.

Surgutneftegas - Statement re: Press speculation

Mon, 23 Nov 2009 15:55:51 GMT

Business Wire - Surgutneftegas, one of Russia’s leading oil and gas companies, notes media reports regarding INA Industriva Nafte d.d. (Croatia).

Magnum Energy Announces August 2009 Reserves Summary and Provides Operations Update

Mon, 23 Nov 2009 15:33:55 GMT

Marketwire - MAGNUM ENERGY INC. (the "Company") (TSX VENTURE:MEN) is pleased to announce the results of its independent August 31, 2009 year-end reserves evaluation prepared by Ryder Scott LLP ("Ryder Scott").

Boralex to present at the First Annual Bioenergy Day of Scotia Capital

Mon, 23 Nov 2009 15:32:10 GMT

PRNewswire - Boralex Inc. ("BLX" on the Toronto Stock Exchange) announces that Mr. Patrick Lemaire, President...

Dominion Increases EnergyShare Contribution to $2 Million to Help Customers Manage Heating Bills

Mon, 23 Nov 2009 15:30:11 GMT

PRNewswire - Dominion has made a second $1 million donation to help EnergyShare assist families affected by the current economic downturn.

TSX hits highest level since Oct 2008 on oil, gold

Mon, 23 Nov 2009 15:29:00 GMT

Reuters - TORONTO (Reuters) - Toronto's main stock index rose to its highest level in nearly 14 months on Monday as firm oil prices powered Suncor Energy and its peers, while lofty gold prices also helped generate interest in miners.