CALGARY, April 17, 2019 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) is pleased to announce that it has entered into a $30 million bought-deal financing (the "Convertible Debenture Financing") of five-year convertible unsecured subordinated debentures (the "Debentures") with a syndicate of underwriters (the "Underwriters") led by National Bank Financial Inc.. The Debentures will have a coupon of 6.75 percent per annum, and a conversion price of $2.25 per Surge common share … [Read more...]
Kinder Morgan Canada Limited Declares Dividend and Announces Results for First Quarter of 2019
Strong Financial Performance Spurred by Completed Project CALGARY, April 17, 2019 /CNW/ - The Kinder Morgan Canada Limited (TSX: KML) board of directors has declared a dividend for the first quarter of 2019 of $0.1625 per restricted voting share ($0.65 annualized), payable on May 15, 2019, to restricted voting shareholders of record as of April 30, 2019. KML's restricted voting share dividends are eligible dividends for Canadian income tax purposes. "KML's strategic infrastructure … [Read more...]
CAPP: The United Conservative Party commits to building a prosperous future for Alberta’s oil and natural gas industry
CALGARY, April 17, 2019 /CNW/ - The Canadian Association of Petroleum Producers (CAPP) would like to congratulate Jason Kenney and the United Conservative Party on its victory in the 2019 Alberta election. CAPP urged Albertans to vote with energy in mind, at the polls. And its Alberta Energy Platform advocated for a government focused on making Alberta one of the most attractive places in the world for oil and natural gas investment. There are many challenges facing the industry and … [Read more...]
Obsidian Energy Announces an Operational Update on Cardium Drilling Program
CALGARY, April 16, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce an operational update on our Cardium drilling program. "While still in the early days of my tenure as Interim President and CEO of Obsidian Energy, I continue to be excited by the high caliber of our Cardium program and the future for long term growth. We continued to march through our development program delivering volumes as expected, … [Read more...]
Journey Energy Inc. Highlights Encouraging Test Results and Provides Update on East Duvernay Resource Play
CALGARY, April 15, 2019 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") is pleased to provide an update on our Joint Venture with Kiwetinohk Resources Corp. ("Kiwetinohk") in the East Duvernay, including the encouraging test rates achieved by the first two commitment wells. East Duvernay Joint Venture Operational Update Since entering into the Joint Venture arrangement on August 29th, 2018, Kiwetinohk and Journey have been actively advancing the development of the East … [Read more...]
Whitecap Resources Inc. Announces First Quarter 2019 Results Conference Call/Webcast and Confirms Monthly Dividend for April of $0.027 Per Share
CALGARY, April 15, 2019 /CNW/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) announces that it intends to release its 2019 first quarter results before market open on Wednesday, May 1, 2019 and has scheduled a conference call and webcast to begin promptly at 9:00 am MT (11:00 am ET) on Wednesday, May 1, 2019. The conference call dial-in number is: 1-888-390-0605 or (587) 880-2175 or (416) 764-8609 A live audio webcast of the conference call will be accessible on Whitecap's website at … [Read more...]
Surge Energy Inc. Confirms April 2019 Dividend
CALGARY, April 15, 2019 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on May 15, 2019 in respect of April 2019 production, for the shareholders of record on April 30, 2019 will be $0.008333 per share. The dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). Surge Energy Inc. is an oil-weighted production and development company with high quality, large oil in place, crude oil reservoirs. Management is … [Read more...]
Connacher Announces Appointment of Chief Operating Officer
CALGARY, April 11, 2019 /CNW/ - Connacher Oil and Gas Limited ("Connacher" or the "Company") today announced that Gordon Trainor has been appointed Chief Operating Officer of Connacher. Mr. Trainor is a geologist with over 22 years of experience. Mr. Trainor has been Director, Engineering and Geosciences since December 2015 and prior to that was Connacher's Chief Geologist from 2012 to 2015. He has been responsible for all aspects of the Company's reserves, production, regulatory, land, … [Read more...]
AltaGas Ltd. Announces Monthly Dividend
CALGARY, April 10, 2019 /CNW/ - AltaGas Ltd. ("AltaGas") (TSX: ALA) announced today that the April dividend will be paid on May 15, 2019, to common shareholders of record on April 25, 2019. The ex-dividend date is April 24, 2019. The amount of the dividend will be $0.08 for each common share. This dividend is an eligible dividend for Canadian income tax purposes. AltaGas has a Premium Dividend™, Dividend Reinvestment and Optional Cash Purchase Plan (the "Plan") for eligible shareholders of … [Read more...]
PetroShale Announces 2018 Financial and Operating Results Highlighted by Significant Reserves Increase
CALGARY, April 10, 2019 /CNW/ - PetroShale Inc. ("PetroShale" or the "Company") (TSXV: PSH, OTCQX: PSHIF) is pleased to announce our financial and operating results for the three and twelve month periods ended December 31, 2018 and significant increases across all reserves categories as of December 31, 2018. The Company's audited consolidated financial statements and corresponding Management's Discussion and Analysis (MD&A) for the period will be available on SEDAR at www.sedar.com, on … [Read more...]
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