CALGARY, ALBERTA--(Marketwired - April 3, 2017) - Pengrowth Energy Corporation (TSX:PGF)(NYSE:PGH) is pleased to announce that it has reduced its indebtedness by Cdn $530 million or 31 percent from December 31, 2016 through the previously announced debt reduction initiatives. The Company has successfully prepaid US $300 million of the US $400 million 6.35% senior notes due July 26, 2017, and redeemed with cash on March 31, 2017, Cdn $126.6 million of the remaining outstanding convertible [Read more]
Archives for April 2017
Grant of Share Options
HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - April 3, 2017) - Sunshine Oilsands Ltd. (the "Corporation" or "Sunshine") (HKSE:2012) - This announcement is made pursuant to Rule 17.06A of the Rules (the "Listing Rules") Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Stock Exchange"). The board of directors of Sunshine Oilsands Ltd. (the "Corporation") announces that share options (the "Options") to acquire Class "A" common shares in [Read more]
Sunshine Oilsands Ltd.: Clarification Announcement
HONG KONG, CHINA and CALGARY, ALBERTA--(Marketwired - April 3, 2017) - Sunshine Oilsands Ltd. (the "Corporation" or "Sunshine") (HKSE:2012) - This announcement is made in accordance with the Inside Information Provision under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the laws of Hong Kong) and Rule 13.09(2)(a) of the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited. Reference is made to the announcement (the [Read more]
Minister: Iraq to boost crude oil production by year’s end
BAGHDAD - Iraq's oil minister said on Sunday that his country plans to increase daily crude oil production to 5 million barrels by the end of this year, up from the current rate of about 4.4 million barrels per day, to secure sorely needed cash for its ailing economy. Iraq, where oil revenues make up nearly 95 per cent of the budget, has been reeling under an economic crisis since 2014, when oil prices began their descent from a high of above $100 a barrel. The Islamic State group's [Read more]
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