Articles Tagged "Gas Company News"

Canada to Cut 30% Emissions by 2030

Gas – reported that Canada’s federal government has decided to cut its greenhouse gas emissions by thirty percent below 2005 levels by 2030, an ambitious target that includes plans for the oil sands sector.

NuVista Energy Reports 2015 First Quarter Financial and Operational Results

Gas – NuVista Energy Ltd. (TSX:NVA) announced its financial and operational results for the first quarter of 2015, which saw production exceed expectations at 23,215 barrels of oil equivalent per day. The company also provided guidance for the remainder of the year. Operating Highlights: Achieved first quarter 2015 production of 23,215 Boe/d, which exceeded our first half [...]

Franco-Nevada Reports First Quarter 2015 Results, Increases Quarterly Dividend

Gas – Franco-Nevada Corporation (TSX:FNV,NYSE:FNV) announced its financial results for the 2015 first quarter, which showed a net income of $19.2 million or $0.12 per share, an adjusted net income of $22.9 million or $0.15 per share with adjusted EBITDA of $83.3 million or $0.53 per share. The board also announced a quarterly dividend of $0.21 per share, a 0.5 percent increase from the last quarterly dividend.

Manitok Energy Enters Asset Purchase Agreement to Acquire 1,800 BOED and Fluid Processing Facility

Gas – Manitok Energy Inc. (TSXV:MEI) announced that it has entered into an asset purchase agreement with a public Alberta-based company for the acquisition of approximately 1,800 barrels of oil equivalent per day of production and a related 25,000 barrels per day fluid processing facility in the Wayne area of Alberta for a total cash consideration of $61.5 million prior to transaction costs.