Calgary

Pipestone Energy Corp. Announces Unplanned Outage at the Keyera Wapiti Gas Plant

Retrieved on: 
Monday, January 20, 2020

This news release contains certain information and statements (forward-looking statements) that constitute forward-looking information within the meaning of applicable Canadian securities laws.

Key Points: 
  • This news release contains certain information and statements (forward-looking statements) that constitute forward-looking information within the meaning of applicable Canadian securities laws.
  • All statements other than statements of current or historical fact constitute forward-looking statements.
  • In particular, but without limiting the foregoing, this news release contains forward-looking statements pertaining to: timing for resumption of operations of the Keyera Plant; reaffirmation of Pipestone Energys 2020 annual guidance released on January 16, 2020; and production volumes forecasted to flow into the Tidewater Pipestone Gas Plant and the Canadian Natural Resources Ltd. Gold Creek gas plant.
  • The forward-looking statements contained herein reflect management's current views, but the assessments and assumptions upon which they are based may prove to be incorrect.

Fraser Institute Media Advisory: New study on health care coming Tuesday, Jan. 21

Retrieved on: 
Monday, January 20, 2020

The Fraser Institute is an independent Canadian public policy research and educational organization with offices in Vancouver, Calgary, Toronto, and Montreal and ties to a global network of think-tanks in 87 countries.

Key Points: 
  • The Fraser Institute is an independent Canadian public policy research and educational organization with offices in Vancouver, Calgary, Toronto, and Montreal and ties to a global network of think-tanks in 87 countries.
  • Its mission is to improve the quality of life for Canadians, their families and future generations by studying, measuring and broadly communicating the effects of government policies, entrepreneurship and choice on their well-being.
  • To protect the Institutes independence, it does not accept grants from governments or contracts for research.
  • Visit www.fraserinstitute.org

MNP Consumer Debt Index Update: Canadians increasingly pessimistic about their consumer debt

Retrieved on: 
Monday, January 20, 2020

Now in its eleventh wave, the MNP Consumer Debt Index has dropped five points since September (96 points, -5) matching the lowest point ever recorded back in March 2018.

Key Points: 
  • Now in its eleventh wave, the MNP Consumer Debt Index has dropped five points since September (96 points, -5) matching the lowest point ever recorded back in March 2018.
  • With more than 230 Canadian offices from coast-to-coast, MNP helps thousands of Canadians each year who are struggling with an overwhelming amount of debt.
  • The MNP Consumer Debt Index measures Canadians attitudes toward their consumer debt and gauges their ability to pay their bills, endure unexpected expenses, and absorb interest-rate fluctuations without approaching insolvency.
  • The latest data, representing the eleventh wave of the MNP Consumer Debt Index, was compiled by Ipsos on behalf of MNP LTD between December 4 and December 9, 2019.

Granite Oil Corp. Announces 2019 Year End Reserve Metrics

Retrieved on: 
Monday, January 20, 2020

The price received for the Companys oil, which is considered to be Medium crude oil, has historically corresponded closely to Western Canada Select 20.5 API ($Cdn/Bbl), plus associated quality adjustments.

Key Points: 
  • The price received for the Companys oil, which is considered to be Medium crude oil, has historically corresponded closely to Western Canada Select 20.5 API ($Cdn/Bbl), plus associated quality adjustments.
  • Management uses oil and gas metrics for its own performance measurements and to provide shareholders with measures to compare Granites operations over time.
  • Recycle ratio is measured by dividing the operating netback by F&D cost per barrel of oil for the year.
  • References herein to boe mean barrels of oil equivalent derived by converting gas to oil in the industry-accepted standard conversion ratio of six thousand cubic feet (Mcf) of gas to one barrel (bbl) of oil.

Granite Oil Corp. Agrees to Sale to International Petroleum Corporation For $0.95 Cash Per Share

Retrieved on: 
Monday, January 20, 2020

The Transaction is to be completed by way of a plan of arrangement under the Business Corporations Act (Alberta) (the Arrangement).

Key Points: 
  • The Transaction is to be completed by way of a plan of arrangement under the Business Corporations Act (Alberta) (the Arrangement).
  • The Transaction values Granite at approximately $79.7 million, including the assumption by IPC of Granites net debt and transaction costs.
  • Closing of the Transaction is also subject to the satisfaction of a number of conditions customary for transactions of this nature.
  • Granite cautions readers not to place undue reliance on these statements.

Jayman BUILT Continues to Lead the Province in Innovative and Efficient Design by Standardizing Smart Home Automation in Its 2020 Homes

Retrieved on: 
Friday, January 17, 2020

In addition, every 2020 Jayman home purchaser is invited to Jaymans 40th Anniversary Gratitude Gala to be held in Calgary on Dec. 5, 2020.

Key Points: 
  • In addition, every 2020 Jayman home purchaser is invited to Jaymans 40th Anniversary Gratitude Gala to be held in Calgary on Dec. 5, 2020.
  • We are aiming to raise a formidable amount to support Alberta-based charities and are confident we will reach our goal.
  • For more information on Jayman BUILT homes and the communities they support, visit www.jayman.com
    For 40 years, Jayman BUILT has continually redefined the way new homes are built, bought and, most importantly, lived in.
  • Participating in community developments in Calgary, Airdrie, Cochrane, Edmonton, Leduc and Sherwood Park, Jayman BUILT is one of the largest homebuilders in Alberta.

Parkland announces acquisition of Kellerstrass Oil

Retrieved on: 
Thursday, January 16, 2020

CALGARY, Alberta, Jan. 16, 2020 (GLOBE NEWSWIRE) -- Parkland Fuel Corporation (Parkland, We, Our or Us) (TSX:PKI) announced today that through its wholly owned U.S. subsidiaries (collectively, "Parkland USA"), it has entered into an agreement to acquire the entities and assets comprising Kellerstrass Oil Company (collectively, Kellerstrass).

Key Points: 
  • CALGARY, Alberta, Jan. 16, 2020 (GLOBE NEWSWIRE) -- Parkland Fuel Corporation (Parkland, We, Our or Us) (TSX:PKI) announced today that through its wholly owned U.S. subsidiaries (collectively, "Parkland USA"), it has entered into an agreement to acquire the entities and assets comprising Kellerstrass Oil Company (collectively, Kellerstrass).
  • We are delighted to enter the Idaho market and expand our presence in Wyoming and look forward to welcoming the Kellerstrass team to Parkland.
  • In particular, this news release contains forward-looking statements with respect to, among other things, the successful completion of the acquisition of Kellerstrass and the timing thereof; expected benefits of the acquisition, including potential synergies, organic growth and acquisition opportunities; and expected run-rate adjusted EBITDA of Parkland USA following the acquisition.
  • For Further Information Parkland Investor Inquiries Brad Monaco Director, Investor Relations 587-997-1447 [email protected] Parkland Media Inquiries Leroy McKinnon Senior Specialist, Corporate Communications 403-567-2573 [email protected]

Harvest announces partnership with Western Canadian Innovation Offices to build talent and intellectual property across the Prairies

Retrieved on: 
Thursday, January 16, 2020

CALGARY, Alberta, Jan. 16, 2020 (GLOBE NEWSWIRE) -- Today, Harvest, a Prairie venture builder, announced its partnership with Western Canadian Innovation Offices (WCIO) as part of a collaborative effort to advance innovation and entrepreneurship across the Prairies.

Key Points: 
  • CALGARY, Alberta, Jan. 16, 2020 (GLOBE NEWSWIRE) -- Today, Harvest, a Prairie venture builder, announced its partnership with Western Canadian Innovation Offices (WCIO) as part of a collaborative effort to advance innovation and entrepreneurship across the Prairies.
  • As part of this process, Harvest will be selecting a region to anchor this partnership.
  • Harvest recently announced its move into Calgarys M2 Building for its pilot operations and plans to set up offices across the Prairies.
  • About Western Canadian Innovation Offices:
    The Western Canadian Innovation Offices Consortium (WCIO) is an initiative that has been connecting Western Canadian industry needs with the array of research and innovation resources, including promising technologies that exist in WCIOs nearly 40-member consortium of universities, colleges and polytechnics across the West.

Pipestone Energy Corp. Provides Its 2020 Capital Budget and Guidance, an Operations Update and Announces the Exercise of an Option to Expand the 8-15 Compression Station

Retrieved on: 
Thursday, January 16, 2020

The purpose of this financial outlook is to provide readers with disclosure of the companys reasonable expectations of our anticipate results.

Key Points: 
  • The purpose of this financial outlook is to provide readers with disclosure of the companys reasonable expectations of our anticipate results.
  • Accordingly, Pipestone Energys determination of this metric may not be comparable to similar measures presented by other issuers.
  • Initial production may also include recovered load fluids used in well completion stimulation operations.
  • Actual results will differ from those realized during an initial production period or short-term test period, and the difference may be material.

Northview Apartment REIT Announces January 2020 Distribution

Retrieved on: 
Wednesday, January 15, 2020

CALGARY, Alberta, Jan. 15, 2020 (GLOBE NEWSWIRE) -- Northview Apartment Real Estate Investment Trust (NVU.UN - TSX) announced its January 2020 monthly distribution in the amount of $0.1358 per trust unit.

Key Points: 
  • CALGARY, Alberta, Jan. 15, 2020 (GLOBE NEWSWIRE) -- Northview Apartment Real Estate Investment Trust (NVU.UN - TSX) announced its January 2020 monthly distribution in the amount of $0.1358 per trust unit.
  • The distribution will be payable on February 17, 2020 to holders of trust units of record at January 31, 2020.
  • Northview Apartment REIT offers a distribution reinvestment plan (the "DRIP").
  • Northview's well-diversified portfolio includes markets characterized by expanding populations and growing economies, which provides Northview the means to deliver stable and growing profitability and distributions to Unitholders of Northview over time.