CALGARY, March 2, 2017 /CNW/ - TORC Oil & Gas Ltd. ("TORC" or the "Company") (TSX: TOG) is pleased to announce financial and operating results for the three month periods and years ended December 31, 2016 and 2015 and to provide 2016 year-end reserves information as evaluated by Sproule Associates Limited ("Sproule"). The associated Management's Discussion and Analysis ("MD&A") dated March 1, 2017 and audited financial statements as at and for the year ended December 31, 2016 can be [Read more]
Archives for March 2017
Canadian Natural Resources Limited Announces Quarterly Dividend
CALGARY, ALBERTA--(Marketwired - March 2, 2017) - Canadian Natural Resources Limited (TSX:CNQ) (NYSE:CNQ) announces its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.275 (twenty-seven and one half cents) per common share. The dividend will be payable April 1, 2017 to shareholders of record at the close of business on March 17, 2017. Canadian Natural is a senior oil and natural gas production company, with continuing operations in its core areas [Read more]
Canadian Natural Resources Limited Announces 2016 Fourth Quarter and Year End Results
CALGARY, ALBERTA--(Marketwired - March 2, 2017) - Commenting on 2016 results, Steve Laut, President of Canadian Natural (TSX:CNQ)(NYSE:CNQ) stated, "Throughout 2016 Canadian Natural continued to execute on our defined strategy with another strong operational year. In 2016 we were able to keep our capital program intact, complete the Phase 2B expansion at Horizon, continue to lower our cost structures, operate our properties in a safe and effective manner and increase returns to shareholders. [Read more]
‘All hat and no cattle:’ Trudeau says Albertans tired of being taken for granted
CALGARY - Prime Minister Justin Trudeau says his government has worked hard in the last year to show Albertans that it is listening to their concerns. While spending Wednesday in Calgary campaigning for a pair of pending federal byelections, he noted the Liberal government has adjusted employment benefits for hard-hit resource workers, invested in infrastructure and approved an oil pipeline to new markets. The previous federal government said for 10 years that it supported [Read more]
AP Exclusive: Taxes could flow with Dakota Access pipeline
BISMARCK, N.D. - North Dakota stands to gain more than $110 million annually in tax revenue after oil begins coursing through the Dakota Access pipeline, an analysis by The Associated Press shows. The calculation shows the potential payoff for a state whose officials have supported the pipeline despite concerns from Native American tribes and other opponents who fear it could harm drinking water and sacred sites. The money the state stands to make in just one year far outstrips the $33 [Read more]
Suncor Energy files annual disclosure documents
CALGARY, ALBERTA--(Marketwired - March 1, 2017) - Suncor has filed its 2016 Annual Report, 2016 Annual Information Form and 2017 Management Proxy Circular. To view the company's annual disclosure documents, visit Suncor's profile on sedar.com or sec.gov or visit Suncor's website at suncor.com/financialreports. Shareholders may obtain a copy of Suncor's 2016 Annual Report free of charge by calling Investor Relations at 1-800-558-9071. Suncor Energy is Canada's leading [Read more]
Hess Announces Regular Quarterly Dividend on Common Stock
NEW YORK--(BUSINESS WIRE)--#oil--The Board of Directors of Hess Corporation (NYSE: HES) today declared a regular quarterly dividend of 25 cents per share payable on the Common Stock of the Corporation on March 31, 2017 to holders of record at the close of business on March 15, 2017. Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. More information on Hess [Read more]
Hess Announces Quarterly Cash Dividend on Preferred Stock
NEW YORK--(BUSINESS WIRE)--#oil--The Board of Directors of Hess Corporation (NYSE:HES) today declared a quarterly cash dividend of $20 per share on the Company’s 8.00% Series A Mandatory Convertible Preferred Stock, which is equivalent to $1.00 per depositary share, each representing 1/20th interest in a share of Series A preferred stock. The dividend is payable on May 1, 2017 to holders of record at the close of business on April 15, 2017. The [Read more]
Craft Oil Ltd. Announces Closing of Disposition of Oil and Gas Assets
CALGARY, ALBERTA--(Marketwired - March 1, 2017) - Craft Oil Ltd. ("Craft" or the "Company") is pleased to announce that it has closed the previously announced sale of non-core assets (the "Disposition"), comprised of approximately 410 boe per day (weighted 95% natural gas), in the Judy Creek / Thornbury and Portage area, to Point Loma Resources Ltd. ("Point Loma"). Pursuant to the Disposition, Craft received 3.35 million common shares of Point Loma (the "Shares"), at a deemed price of $0.40 per [Read more]
Range Declares Quarterly Dividend
FORT WORTH, Texas, March 01, 2017 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE:RRC) today announced that its Board of Directors declared a quarterly cash dividend on its common stock for the first quarter. A dividend of $0.02 per common share is payable on March 31, 2017 to stockholders of record at the close of business on March 15, 2017. RANGE RESOURCES CORPORATION (NYSE:RRC) is a leading U.S. independent natural gas, NGL and oil producer with operations focused in stacked-pay [Read more]