Energy Company News Directory

TransCanada Shares Fall Following Keystone XL Delay

The Financial Post reported today that oil prices in Canada are holding steady, although shares in TransCanada Corp. (TSX:TRP) fell after news that the U.S. would delay a decision regarding the company's Gulf Coast pipeline project. TransCanada share prices fell by 3.7% in Toronto on Monday, the biggest fall since summer 2009, according to the Post.

Uranium Energy Corp. Announces PEA on Slick Rock Project in Colorado: Pre-tax IRR of 33%, Pre-tax NPV of $31.9 million

Uranium Energy Corp. (NYSEMKT:UEC) announced results of a Preliminary Economic Assessment for the Slick Rock Project in Colorado showing a pre-tax Internal Rate of Return of 33% and a post-tax IRR of 29%, a pre-tax Net Present Value, at a discount rate of 10%, of $43.8 million and a post-tax NPV of $31.9 million based on a uranium spot price of $60 per pound and a vanadium spot price of $10 per pound.

Forum Uranium Locates Structural Trends, Radioactivity, Alteration at Clearwater Project

Forum Uranium Corp.'s (TSX VENTURE:FDC) winter drill program on its 100% owned Clearwater Property has successfully identified five major structural trends with reactivated graphitic shear zones, alteration, and areas of localized radioactivity. These positive results warrant leaving the camp and drill on site to expedite the planning of a follow-up summer program with minimal start-up costs.