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Big Bear cancels natural ags contracts; stock plunges 42%

Article Abstract:

Oil and gas company Big Bear Exploration Ltd of Calgary, Alberta, has announced the cancellation of C$49 million worth of contracts of its insolvent subsidiary Blue Range Resource Corp. The company also filed for bankrupty protection in behalf of its wholly owned subsidiary. The cancellation of the gas contracts will increase the debts of Big Bear by C$49 million, or 6%, to C$234 million.

Author: Jang, Brent
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1999
United States, New orders received, Crude Petroleum and Natural Gas Extraction, Crude Petroleum & Natural Gas, Petroleum industry, Natural gas, Petroleum, Blue Range Resource Corp.

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Talisman profit jumps 123%

Article Abstract:

Calgary, Alb.-based Talisman Energy Inc. has reported a 123% rise in second quarter profit to $201 million. Talisman, which took a $105 million charge for a change in its corporate options program, has been aided by a surge in gas and oil prices.

Author: Jang, Brent
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2003
Finance, Talisman Energy Inc., Company financing, Petroleum and gas industry software

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ACE agrees to pay out $266-million to investors

Article Abstract:

Canada based commercial aviation firm ACE Aviation Holdings has agreed to pay 266 million dollars to its investors after filing a bankruptcy one year ago. Complete details of this pay off are discussed.

Author: Jang, Brent
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2006
Organizational history, Aircraft, Aircraft industry, Company restructuring/company reorganization, Reorganization and restructuring, Investor relations, Company organization, ACE Aviation Holdings Inc., ACE.RV

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Subjects list: Canada, Gas industry
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