Editors note: There is a photo associated with this release. Glenbarra Energy Management Corp is currently installing up to 800 ground mounted microFIT Photovoltaic Solar Systems across Southern Ontario. GEMCO has been engaged by Fovere Glenbarra Energy Fund IV (the “Fund”) of Toronto as General Contractor. The Fund has acquired the rights...
Earlier today, Moody’s Investors Service announced the completion of their credit review and confirmed Nexen’s Baa3 rating with a negative outlook. We expect to retain this rating and remove the negative outlook by reducing our debt to levels commensurate with the rating by late this year or early 2012, and retaining sufficient cash to fund...
Vermilion Energy Inc. announces the submission of its Annual Information Form (“AIF”) for the year ended December 31, 2010 to the System for Electronic Document Analysis and Retrieval. The AIF contains Vermilion’s Statement of Reserves Data and Other Oil and Gas Information as required under National Instrument 51-101. Vermilion has also filed...
James Richardson & Sons, Limited announces that it has acquired, through market purchases, 323,400 common shares of GMP Capital Inc.and 1,816,231 warrants to acquire common shares of GMP since August 24, 2010, the date it last issued an Early Warning press release. The common shares were acquired through the facilities of the Toronto Stock Exchange...
James Richardson & Sons, Limited announces that it has acquired, through market purchases, 323,400 common shares of GMP Capital Inc. and 1,816,231 warrants to acquire common shares of GMP since August 24, 2010, the date it last issued an Early Warning press release. The common shares were acquired through the facilities of the Toronto Stock Exchange...
Baytex Energy Corp. announces that shareholders that are resident in the United States are now eligible to participate in its Dividend Reinvestment Plan (the “DRIP”). The DRIP provides eligible holders of common shares in Canada and the United States the opportunity to reinvest their monthly cash dividends to acquire additional shares. A...
TransCanada Corporation today announced its Bison Pipeline became operational on Friday, January 14. The 303-mile (487-kilometre), 30-inch-diameter interstate pipeline has an initial capacity of 407 million cubic feet a day, all of which is currently under long-term contract. With additional compression, the pipeline is expandable to 1 billion cubic...
Vermilion Energy Inc. is pleased to announce a cash dividend of $0.19 per share payable on February 15, 2011 to all shareholders of record on January 31, 2011. The ex-dividend date for this payment is January 27, 2011. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). Vermilion Energy Inc. is an oil-leveraged producer...
Innergex Renewable Energy Inc. announces that the Ashlu Creek run-of-river hydroelectric power generating plant (“Ashlu Creek”), with a net installed capacity of 49.9 MW, is now in commercial operation. As the required performance tests were carried out successfully, BC Hydro has retroactively set the official commercial operation start...
Dennis Geherman announced that Geherman acquired ownership over 627,000 trust units of PetroWest Energy Services Trust on December 4, 2008 and ownership over 845,000 trust units on December 19, 2008 (collectively, the “Acquired Units”), representing approximately 4.5% of PetroWest’s issued and outstanding units. Geherman, together...