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Savanna Energy Services Corp.: Impact Of Total Offer

CALGARY, March 27, 2017 – Savanna Energy Services Corp. (“Savanna”) (TSX–SVY) today acknowledges Total Energy Services Inc.’s (“Total”) announcement that it has satisfied its minimum tender condition of 50.1% pursuant to its unsolicited offer to purchase all of the common shares of Savanna (the “Savanna Shares”) on the basis of 0.13 common shares of Total […]

by ahnationtalk on March 28, 20177 Views

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Suncor Energy provides update on Syncrude recovery plan

– Planned maintenance advanced to minimize outage impact – No change expected to overall Suncor annual production guidance CALGARY, ALBERTA–(March 27, 2017) – Suncor today provided an update on the Syncrude Mildred Lake Oil Sands facility following the March 14 incident. Preliminary investigation indicates that the cause of the incident was a loss of containment […]

by pmnationtalk on March 27, 201712 Views

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Savanna Reiterates Rejection of The Hostile Total Offer, Reminds Shareholders Of Superior Transaction With Western Energy

CALGARY, March 23, 2017 – Savanna Energy Services Corp. (“Savanna”) (TSX–SVY) today reiterates the Savanna board of directors’ (the “Savanna Board”) unanimous rejection of the offer from Total Energy Services Inc. (“Total”) to purchase all of the Savanna Shares on the basis of 0.13 common shares of Total (“Total Shares”) and $0.20 in cash for […]

by pmnationtalk on March 24, 201726 Views

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Western Energy Services Corp. Announces Agreements with Savanna Energy Services Corp. Shareholders

Mar, 22 2017 CALGARY, ALBERTA ‐ Western Energy Services Corp. (“Western”) (TSX: WRG) advises that its proposed arrangement (the “Arrangement”) with Savanna Energy Services Corp. (“Savanna”) providing for the issuance of 0.85 of a Western common share and payment of $0.21 of cash for each Savanna common share has gained additional strong support from Savanna […]

by pmnationtalk on March 24, 201712 Views

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Pengrowth Announces Sale of Bernadet Montney Lands for $92 Million

CALGARY, ALBERTA–(March 23, 2017) – Pengrowth Energy Corporation (TSX:PGF)(NYSE:PGH) today announced that it has entered into an agreement for the sale of its non-producing Montney lands at Bernadet in North East British Columbia for cash consideration of $92 million. The Bernadet asset encompasses 36.6 sections (100 percent working interest) of land with no associated production, […]

by pmnationtalk on March 24, 201720 Views

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TransCanada Receives Presidential Permit for Keystone XL

HOUSTON, TEXAS and CALGARY, ALBERTA–(March 24, 2017) – News Release – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced that the U.S. Department of State has signed and issued a Presidential Permit to construct the Keystone XL Pipeline. “This is a significant milestone for the Keystone XL project,” said Russ Girling, TransCanada’s president and chief executive […]

by pmnationtalk on March 24, 20179 Views

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Five stories in the news today, March 24 – CP

Source: The Canadian Press Mar 24, 2017 Five stories in the news for Friday, March 24: ___ US GOVERNMENT TO MAKE KEYSTONE ANNOUNCEMENT TODAY All signs point to the Keystone XL pipeline project getting approved today. The White House says there will be an announcement. It didn’t elaborate, but the Trump administration has repeatedly said it supports […]

by ahnationtalk on March 24, 20178 Views

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Development in Canmore at crossroads – Rocky Mountain Outlook

Mar 23, 2017 It may seem like a lot of development proposals in and around Canmore are currently being floated and the result has been significant concern among community members over the cumulative impacts of future growth on all aspects of life in the Bow Valley. Yellowstone to Yukon program director Stephen Legault said it […]

by ahnationtalk on March 23, 201713 Views

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Savanna Reiterates Rejection Of The Inadequate Value Of The Total Offer And Support For Acquisition Of Savanna By Western Energy

CALGARY, March 22, 2017 – Savanna Energy Services Corp. (“Savanna”) (TSX–SVY) today reiterates the unanimous support of the special committee (the “Special Committee”) of the board of directors of Savanna (the “Savanna Board”) and the Savanna Board of the acquisition of all of the issued and outstanding common shares of Savanna (the “Savanna Shares”) by […]

by pmnationtalk on March 23, 201710 Views

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Suncor’s plan for tailings clean-up rejected by Alberta’s regulator – Mining.com

Suncor Energy’s plan to clean up tailings in some of its oil sands operations using water capping, also known as an end-pit lake, have hit a snag as the Alberta Energy Regulator rejected the proposal saying the firm’s plan lacked evidence the strategies would work. In a nutshell the ruling is about insufficient information. This […]

by ahnationtalk on March 22, 201714 Views

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