(TSX: BNP) CALGARY, July 3, 2018 /CNW/ - Bonavista Energy Corporation ("Bonavista") is pleased to announce the increase to the Exchange Ratio of its exchangeable shares from 1.46484 to 1.47487. This increase will be effective on July 16, 2018 (the "Effective Date"). The following are the details of the calculation of the Exchange Ratio: Record Date of Bonavista Dividend Opening Exchange Ratio Bonavista Dividend per common share Five day Weighted [Read more]
Archives for July 2018
Irving Oil strikes deal with Couche-Tard to acquire and brand retail sites
HALIFAX - Irving Oil says it has signed a deal with Alimentation Couche-Tard Inc. to acquire 13 and brand 23 retail sites across Atlantic Canada. Financial terms of the deal were not immediately available. All of the sites were previously operated under the Ultramar brand. Nine of the 13 acquired sites are in Nova Scotia with locations in Halifax, Dartmouth, Lower Sackville and Truro. The additional sites acquired are in St. John's, N.L., Charlottetown and Dieppe, [Read more]
New Oil and Gas Jobs From BOE Report Jobs
Here are the latest oil and gas job postings courtesy BOE Report Jobs. To search and filter all the latest jobs, visit the BOE Report job board. All job listings are free to post for companies. Sign up to create an account to post jobs; it’s simple and easy to use. Posting Date Job Title Company Location Jul. 2 Asset Integrity Engineer Canadian Natural Resources Calgary Jul. 2 Administrative Assistant Canadian Natural Resources Fort McMurray Jul. [Read more]
S&P 500 Energy index rises as US crude hits $75 on supply risks
** S&P 500 Energy index rises >2 pct as oil pricesclimb after Libya suspended crude exports from two key ports andpower outage in Canada drains supply** SPNY has pared gains, recently up just ~1 pct, but stillbest performer among the 11 major S&P 500 sectors earlyTues; 29 of 31 SPNY components trading higher** U.S. light crude oil Futures jumped ~2 pct to$75.27, highest since Nov 2014, though have since turnednegative on the session, down 1 pct; Brent last up 0.2pct at [Read more]
Duvernay Land Divestiture: Hitic Energy Ltd. – Sturgeon Lake, Alberta
Sayer Energy Advisors has been engaged to assist Hitic Energy Ltd. (“Hitic” or the “Company”) with the sale, farmout or other form of disposition of its Sturgeon Lake, Alberta Duvernay property (the “Property”). In the Sturgeon Lake area, Hitic has a 100% working interest in 122.5 sections of land where it holds Duvernay rights, with another 12 sections of land where the Company holds shallower rights only. The Company’s land is situated in the thickest and most thermally mature part of [Read more]
Top Strike Resources Corp. Announces Recapitalization Financing, New Management Team and Board of Directors and Concurrent Listing on the Canadian Stock Exchange
CALGARY, July 3, 2018 /CNW/ - Top Strike Resources Corp. ("Top Strike" or the "Corporation") (TSX Venture-NEX: TSR.H) is pleased to announce a private placement of between $5.0 and $25.0 million, provided that the Corporation shall be entitled to increase the size of the private placement to $30.0 million as a result of excess demand (the "Private Placement") and the appointment of a new management team and board of directors (the "New Management Team") (collectively, the [Read more]
Bonterra Energy Corp. Confirms Cash Dividend for June 2018 Payable July 31, 2018
CALGARY, Alberta, July 03, 2018 (GLOBE NEWSWIRE) -- Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) (“Bonterra” or the “Company”) announces that the June 2018 monthly cash dividend will be $0.10 per share and will be paid on July 31, 2018. The record date for the dividend is July 16, 2018 and the ex-dividend date is July 13, 2018. The dividend is paid monthly and is subject to commodity prices and production levels. The dividend is considered an "eligible dividend" for tax purposes. [Read more]
WildHorse Resource Development Corporation Announces Second Quarter 2018 Earnings Conference Call
HOUSTON--(BUSINESS WIRE)--WildHorse Resource Development Corporation (NYSE: WRD) announced today that it will report second quarter 2018 financial and operating results after the market closes for trading on August 7, 2018. Management will host an earnings conference call on August 8, 2018 at 8:00 a.m. Central (9:00 a.m. Eastern). Interested parties are invited to participate on the call by dialing (877) 883-0383 (Conference ID: 9209183), or (412) [Read more]
Waterous Energy Holds Final Close of Inaugural Fund at C$1.4 Billion Hard Cap
Atlantic-Pacific Capital served as exclusive global placement agent NEW YORK--(BUSINESS WIRE)--Atlantic-Pacific Capital, Inc. (“Atlantic-Pacific”), one of the largest independently owned global placement and advisory firms focused on alternative investments, announced the final closing of Waterous Energy Fund, L.P. (“Fund I” or the “Fund”) at its hard cap of C$1.4 billion (US$1.0 billion) in capital commitments, exceeding its target of C$1.0 billion (US$750 million). The Fund received strong [Read more]
Alberta’s energy regulator ignoring own rules on tailings ponds: critics
EDMONTON - Alvaro Pinto wants Alberta's energy regulator to follow its own oilsands rules. The director of sustainability for the Fort McKay First Nation — a community surrounded by oilsands developments — said he doesn't understand how the agency can say it's going to enforce one thing, then allow industry to do something else. "We are very disappointed," said Pinto, an environmental engineer who has worked in the industry around the world. "The Alberta Energy Regulator is simply ignoring [Read more]
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