Nordic American Tankers Limited (NYSE: NAT) Announces Public Offering — Focus on Growth
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HAMILTON, BERMUDA -- (Marketwire) -- 01/18/12 -- Nordic American Tankers Limited (NYSE: NAT) (the "Company") today announced an underwritten public offering of 5,500,000 common shares. The common shares are being offered pursuant to the Company--s effective shelf registration statement. The net proceeds of the offering are expected to…
TransCanada Will Re-Apply for a Keystone XL Permit
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CALGARY, ALBERTA -- (Marketwire) -- 01/18/12 -- TransCanada Corporation (TSX: TRP) (NYSE: TRP) (TransCanada) announced today it has received the U.S. Department of State--s decision that the Presidential Permit for Keystone XL has been denied."This outcome is one of the scenarios we anticipated. While we are disappointed, TransCanada…
Prime Minister Harper Should Follow President Obama–s Lead and put the Interests of Canadians Above the Interests of the Foreign Oil Industry
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Why Should Canadians and our Wild Salmon be Exposed to the Same Tar Sands Pipeline Risks That the U.S. President has Rejected for his own People?…
Kulczyk Oil Ventures: Brunei Block L Term Extension Granted
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CALGARY, ALBERTA -- (Marketwire) -- 01/18/12 -- Kulczyk Oil Ventures Inc. (WARSAW: KOV) ("Kulczyk Oil", "KOV" or "Company") an international upstream oil and gas company, is pleased to report that an extension to the terms of the Production Sharing Agreement ("PSA") has been granted by PetroleumBRUNEI. Under the…
Junex Launches New Oil Activities in the United States
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QUEBEC CITY, QUEBEC -- (Marketwire) -- 01/18/12 -- Junex (TSX VENTURE: JNX) announces that it is expanding its operations by launching new oil and gas exploration activities in the United States. This first project is situated in the prolific Permian Basin in West Texas.Junex has entered into an…
Teekay Offshore Completes Norwegian Bond Issuance
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HAMILTON, BERMUDA -- (Marketwire) -- 01/18/12 -- Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) (NYSE: TOO) announces that it has issued NOK 600 million in senior unsecured bonds that mature in January 2017 in the Norwegian bond market. The aggregate principal amount of the bonds is…
Teekay Offshore Completes Norwegian Bond Issuance
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HAMILTON, BERMUDA -- (Marketwire) -- 01/18/12 -- Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) (NYSE: TOO) announces that it has issued NOK 600 million in senior unsecured bonds that mature in January 2017 in the Norwegian bond market. The aggregate principal amount of the bonds is…
Green Mountain and C. Trade Group Propose JV With Bayside Corp for Texas Oil Field Development Project
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CARLSBAD, CA -- (Marketwire) -- 01/18/12 -- Representatives from Green Mountain Development Corp (PINKSHEETS: GMND), and C. Trade Group met in Texas last week with Bayside Corp (PINKSHEETS: BYSD) management as a follow up to the recently signed project development agreement between GMND and BYSD. The parties visited…
New Zealand Energy Spuds Copper Moki-2 and Ranui-2 Wells
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VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/18/12 -- New Zealand Energy Corp. ("NZEC" or the "Company") (TSX VENTURE: NZ)(OTCQX: NZERF) is pleased to provide an operational update on its production and exploration activities on New Zealand--s North Island.HIGHLIGHTSTARANAKI BASIN UPDATEThe CM-1 well has been flowing from natural reservoir…
Crestwood Announces Fifth Consecutive Quarterly Distribution Increase and Executive Team Addition
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HOUSTON, TX -- (Marketwire) -- 01/18/12 -- Crestwood Midstream Partners LP (NYSE: CMLP) ("Crestwood") announced today that the Board of Directors of its general partner has declared a regular quarterly distribution of $0.49 per unit for the quarter ended December 31, 2011. This quarterly distribution will be payable on…