CALGARY, Alberta - PrairieSky Royalty Ltd. ("PrairieSky" or the "Company") (TSX: PSK) is pleased to announce that its shareholders approved all resolutions at the annual meeting of shareholders of the Company held on April 21, 2020 (the "Meeting") in Calgary, Alberta. The resolutions approved at the Meeting were as follows: The resolution to appoint the eight (8) nominees as directors of the Company to serve until the next annual meeting of shareholders of the Company, or until their successors [Read more]
PrairieSky Announces 2020 first quarter results
CALGARY, Alberta - PrairieSky Royalty Ltd. ("PrairieSky" or the "Company") (TSX: PSK) is pleased to announce its first quarter ("Q1 2020") operating and financial results for the period ended March 31, 2020. First Quarter 2020 Highlights: • Royalty production averaged 22,160 BOE per day (52% liquids), in line with royalty production in Q4 2019 of 22,203 BOE per day (53% liquids) and Q1 2019 of 22,007 BOE per day (52% liquids). • Revenues totaled $52.7 million, [Read more]
Husky Energy cuts 2020 capital spending to $1.7 billion
2020 capital expenditures cut ~50% from December 2019 guidance Liquidity increased by $500 million to $5.2 billion Integrated Corridor upstream production reduced by over 80,000 bbls/day / U.S. refinery throughput reduced Protection of workers and communities remains top priority CALGARY, Alberta - Husky Energy (TSX:HSE) is significantly reducing capital expenditures and shutting in negative cash margin production as further measures to strengthen its business given market conditions caused [Read more]
TC Energy to issue first quarter results May 1
CALGARY, Alberta, April 16, 2020 (GLOBE NEWSWIRE) -- News Release -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will hold a teleconference and webcast on Friday, May 1, 2020 to discuss its first quarter financial results, which will be released pre-market. Russ Girling, TC Energy President and Chief Executive Officer, Don Marchand, Executive Vice-President, Strategy & Corporate Development and Chief Financial Officer, and other members of the executive leadership [Read more]
TC Energy announces change to annual meeting format
Meeting to be held virtually on May 1, 2020 CALGARY, Alberta, April 16, 2020 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) announced today it will hold its upcoming annual meeting of common shareholders (AGM) on May 1, 2020 at 10 a.m. (MDT) in a virtual-only format. This approach aligns with our commitment to the health and wellbeing of employees, shareholders, communities and other stakeholders, and with directives from public health and government [Read more]
Gibson Energy Confirms 2020 First Quarter Earnings Release and Annual General Meeting Dates and Provides Conference Call & Webcast Details
CALGARY, Alberta - Gibson Energy Inc. (“Gibson” or the “Company”) (TSX: GEI), announced today it expects to release its 2020 first quarter financial and operating results on Monday, May 4, 2020 after the close of North American markets. The 2020 first quarter management's discussion and analysis and unaudited consolidated financial statements will be available on the Company's website at www.gibsonenergy.com and on SEDAR at www.sedar.com. Earnings Conference Call & Webcast Details A [Read more]
Pieridae Delivers Strong Q4 and 2019 Results
Revenue, Net Operating Income & Production All Up Substantially Key Highlights: Total revenue of $114.4 million in 2019. Petroleum and natural gas revenue increased $102.5 million year over year, or 4347%, to $104.9 million in 2019 Net Operating Income1 (“NOI”) increased year over year from a loss of $0.5 million in 2018 to income of $24.9 million in 2019, $24.4 million of which was earned in Q4 2019 Adjusted Funds Flow From Operations1 (“AFFO”) increased from a loss of $4.0 [Read more]
Saturn Oil & Gas Inc. Announces 2019 Year-End Reserves Highlighted by 65% Increase in Total Proved Reserves
Saturn achieved strong corporate reserves growth in 2019 marked by a 57% increase in proved developed producing, 65% in total proved and 63% in proved plus probable reserves CALGARY, Alberta, April 16, 2020 (GLOBE NEWSWIRE) -- Saturn Oil & Gas Inc. (“Saturn” or the “Company”) (TSX.V: SOIL) (FSE: SMK) is pleased to announce the results of our independent 2019 year-end reserves evaluation by Ryder Scott Company, LP (“Ryder Scott”) with an effective date of December 31, 2019 (the “Ryder Scott [Read more]
Freehold Royalties Ltd. Announces Change to Virtual-Only Shareholder Meeting
CALGARY, Alberta, April 15, 2020 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold) (TSX:FRU) announces that the Annual and Special Meeting (Meeting) of the holders of common shares of Freehold (Shareholders), scheduled for Tuesday, May 5, 2020 at 3:30 p.m. (Calgary time), has been changed from an in-person meeting to a virtual-only meeting to be held electronically at the same time and on the same date. We have been actively monitoring developments relating to the novel coronavirus, [Read more]
Peyto Announces Reduced Capital Program, Reduced Dividend and COVID-19 Preparedness
CALGARY, Alberta - Peyto Exploration & Development Corp. ("Peyto” or the “Company") (TSX: PEY) announces today its board of directors (the “Board”) has approved a reduction to the Company’s capital program and dividend in response to the extreme impacts of the COVID-19 pandemic on near term hydrocarbon demand and commodity prices. The 2020 capital program, which was expected to range between $250-$300 million, has been reduced to between $200-$250 million. Peyto will ensure it stays nimble [Read more]
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