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Stock Market & Financial Investment News

News Breaks
December 24, 2012
09:02 EDTCVX, EOG, APA, ECAChevron unit acquires operating interest in Western Canada LNG project
Chevron (CVX) announced that its indirect Canadian subsidiary, Chevron Canada Limited, will acquire a 50% operating interest in the Kitimat liquefied natural gas project and proposed Pacific Trail Pipeline, and a 50% interest in approximately 644,000 acres of petroleum and natural gas rights in the Horn River and Liard Basins in British Columbia, Canada. Under the terms of the agreements, Chevron Canada Limited will acquire all of the interests currently owned by affiliates of EOG Resources Canada (EOG) and Encana Corporation (ECA) in the proposed Kitimat LNG Project and PTP. Thereafter, Chevron Canada Limited will equalize interests with an Apache Corporation (APA) subsidiary, resulting in Chevron Canada Limited and Apache each holding a 50% interest in both the Kitimat LNG Project and PTP. Operatorship of both facilities will transfer to Chevron Canada Limited. The proposed two-train Kitimat LNG Project, currently progressing through the Front-End Engineering and Design phase, has a Canadian National Energy Board license to export 10 million tons per annum of LNG. Additionally, Chevron Canada Limited will acquire approximately 110,000 net acres in the established Horn River Basin from Encana, EOG and Apache, and approximately 212,000 net acres in the Liard Basin from Apache.
News For CVX;EOG;APA;ECA From The Last 14 Days
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August 29, 2014
06:38 EDTCVXRising oil supplies pressuring prices, NY Times says
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August 26, 2014
06:45 EDTCVXChevron aims for $1.5B in Canadian oil endeavor, Reuters says
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August 25, 2014
16:36 EDTCVXPacific Drilling gets firm contract extension for the Pacific Bora
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August 24, 2014
19:13 EDTAPAApache still trades at a discount to peers, Barron's says
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August 20, 2014
09:36 EDTEOGActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL FOLD TSLA TWTR WHX FB TM NFLX X EOG
August 18, 2014
17:23 EDTAPAApache looks cheap, Barron's says
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09:02 EDTAPAApache confirms Canning Basin oil discovery offshore Western Australia
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06:44 EDTAPANatural gas companies worried about regulatory outlook, The Hill says
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06:05 EDTAPAApache discovers oil field in Western Australia, WSJ reports
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