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Politics
Statoil announces 2013 third quarter resultsOct 31, 2013Statoil's third quarter 2013 net operating income was NOK 39.3 billion. Adjusted earnings were NOK 40.4 billion.Statoil delivered strong strategic progress in the third quarter. We added high-value barrels
ShaMaran plans USD $150 million bond placementOct 30, 2013ShaMaran Petroleum Corp. plans to issue a USD $150 million senior secured bond. Net proceeds from the bond will be used to fund the Company's future capital
US Oil Sands closes balance of strategic financingOct 30, 2013US Oil Sands Inc. confirms receipt of remaining subscription proceeds from the previously announced $81 million private placement financing (the "Financing") with strategic
Africa Oil closes US$450 million brokered private placementOct 30, 2013Africa Oil Corp. has closed the US$450,000,000 brokered private placement, previously announced on October 16, 2013. An aggregate of 56,505,217 common shares, issued
US Oil Sands announces closing of strategic financingOct 22, 2013US Oil Sands Inc. announced the closing of the previously announced $80 million private placement financing of US Oil Sands (the "Financing") with strategic investors Blue
Gasco Energy completes a financial restructuringOct 22, 2013Gasco Energy, Inc. has completed a financial restructuring following a thorough evaluation of the Company's strategic alternatives, which included consideration of a sale of
Bellatrix Exploration announces $175 million bought deal financingOct 17, 2013Bellatrix Exploration Ltd. has entered into an agreement with a syndicate of underwriters to issue, on a bought deal basis, 21,875,000 common shares (Common Shares) at a
Rooster Energy completes subordinated secured credit facilityOct 17, 2013Rooster Energy Ltd. says that effective October 11, 2013, it entered into a secured Credit Facility which provides for borrowing up to CDN $8 Million, to be used for general
Petrowest Corporation announces $15 million bought deal equity offeringOct 17, 2013Petrowest Corporation has entered into an agreement with a syndicate of underwriters led by Beacon Securities Limited and Canaccord Genuity Corp. (collectively,
Emerald Bay applies for warrant extensionOct 15, 2013Emerald Bay Energy Inc. has made an application to the TSX Venture Exchange (the "Exchange") to extend the term of all share purchase warrants (the "Warrants") that were
Breitling Royalties announces availability of $18 million B-R Joshua Oil & Gas royalty income propertyOct 14, 2013Breitling Royalties Corporation, an energy firm specializing in acquiring and managing royalty properties with proven production histories and significant upside
Eagle Rock announces increase in upstream borrowing baseOct 7, 2013Eagle Rock Energy Partners, L.P. announced that effective October 1, 2013, the upstream component of the borrowing base under its senior secured credit facility
FieldPoint Petroleum provides hedging detailsOct 4, 2013FieldPoint Petroleum Corporation announced details of a hedging agreement that it has in place for the next six months. Roger Bryant, Executive Chairman for FieldPoint, stated
Goldman Sachs, ATP and PFA to invest DKK 11 billion in DONG EnergyOct 4, 2013The Danish State represented by the Ministry of Finance and DONG Energy A/S have reached an understanding with funds managed by the Merchant Banking
Cub Energy extends line of credit with Pelicourt LimitedOct 3, 2013Cub Energy Inc. has extended and increased its line of credit ("LOC") with Pelicourt Limited (Pelicourt) for up to USD $5,000,000 to be applied to the funding of the
Plains All American Pipeline increases distribution on limited partner unitsOct 2, 2013Plains All American Pipeline, L.P. announced a quarterly cash distribution of $0.6000 per unit ($2.40 per unit on an annualized basis) on all of its outstanding
W&T Offshore announces increased 2013 capital budgetOct 1, 2013W&T Offshore, Inc. has increased its 2013 capital budget to $550 million, excluding potential acquisitions. The revised budget includes increased deepwater
Keyera announces long-term private placement debt financingSep 24, 2013Keyera Corp. is entering into a private placement of 12-year and 15-year senior unsecured notes (the "Notes") totaling
FairWest defaults under debtor-in-possession financingSep 23, 2013FairWest Energy Corporation announces that on September 17, 2013, Supreme Group Inc. (SGI) served FairWest with a
Seadrill announces proposed offering of US$500 million of unsecured senior notes due 2020Sep 23, 2013Seadrill Limited intends to offer US$500 million in aggregate principal amount of unsecured senior notes due 2020
No Ransom for PiratesMay 17, 2013AdvanFort President William Watson: Ransoms to pirates remain a spiraling illegal tax on the 90% of world’s goods that move by sea...
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