The Offer is open for 105 days and there is no immediate need to take any action. Your Board of Directors will provide a recommendation on or before October 6th. CALGARY, AB - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX: BNE) ("Bonterra" or the "Company") acknowledges receipt of the unsolicited offer from Obsidian Energy Ltd. ("Obsidian") to purchase all the issued and outstanding common shares of Bonterra (the "Offer"). The Offer is open for 105 days and there is no immediate need … [Read more...]
Obsidian Energy launches exchange offer for Bonterra Energy to create the “Cardium Champion”
CALGARY, AB - OBSIDIAN ENERGY LTD. (TSX: OBE), (OTCQX: OBELF) ("Obsidian Energy", "we", or "our") today announced that we have formally commenced our offer (the "Offer") to purchase all of the issued and outstanding common shares (the "Bonterra Shares") of Bonterra Energy Corp. (TSX – BNE) ("Bonterra") for consideration consisting of two common shares of Obsidian Energy (the "Obsidian Shares") for each Bonterra Share tendered. "We believe that our offer is a unique and compelling … [Read more...]
Enerplus Announces Cash Dividend for October 2020
CALGARY, AB - Enerplus Corporation ("Enerplus") (TSX: ERF) (NYSE: ERF) announces that a cash dividend in the amount of CDN$0.01 per share will be payable on October 15, 2020 to all shareholders of record at the close of business on September 30, 2020. The ex-dividend date for this payment is September 29, 2020. The CDN$0.01 per share dividend is equivalent to approximately US$0.01 per share if converted using the current Canadian/US dollar exchange rate of 0.7576. The U.S. dollar equivalent … [Read more...]
Riverstone Pipestone LP files early warning report regarding acquisition of preferred shares in Pipestone Energy Corp.
CALGARY, AB - Riverstone Pipestone LP ("Riverstone") acquired 52,690 convertible preferred shares (the "Preferred Shares") in the capital of Pipestone Energy Corp. (the "Company") with an initial liquidation preference per Preferred Share of $1,000 for a subscription price of $970 per Preferred Share pursuant to a non-brokered private placement from treasury. The total purchase price paid by Riverstone for the Preferred Shares was $51,109,300. The Preferred Shares are convertible into … [Read more...]
Whitecap Resources Inc. Confirms Monthly Dividend for September of $0.01425 Per Share
CALGARY, AB, Sept. 15, 2020 /CNW/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) confirms that a cash dividend of Cdn. $0.01425 per common share in respect of September operations will be paid on October 15, 2020 to shareholders of record on September 30, 2020. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). About Whitecap Whitecap Resources Inc. is an oil-weighted growth company that pays a monthly cash dividend to its shareholders. Our business … [Read more...]
ARC Resources Ltd. confirms quarterly dividend amount of $0.06 per Share for October 15, 2020
CALGARY - (TSX: ARX) ARC Resources Ltd. ("ARC") confirms a quarterly dividend amount of $0.06 per share for October 15, 2020 to shareholders of record on September 30, 2020. The ex-dividend date is September 29, 2020. As at September 15, 2020, the trailing 12-month payments to shareholders total $0.43 per share. ARC is one of Canada's largest conventional oil and gas companies with an enterprise value of approximately $3.1 billion. ARC's common shares trade on the TSX under the symbol … [Read more...]
Paramount Resources Ltd. provides operations update and revised 2020 guidance
CALGARY, AB - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to provide an update on its operations and 2020 guidance. HIGHLIGHTS The Company is accelerating $60 million of development activities at Karr and Wapiti from 2021 into the second half of 2020. Sales volumes are now expected to average between 62,500 and 67,500 Boe/d in the second half of 2020, reflecting the impact of the previously announced unscheduled outage at the third-party natural gas … [Read more...]
Journey Energy Inc. provides banking update
CALGARY, AB - Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) ("Journey" or the "Company") announces a further extension to the forbearance agreement with its banking syndicate. Journey reports that it has reached an agreement with its syndicate of lenders to extend the current forbearance period until September 30, 2020. Journey and its lending syndicate continue to be in discussions regarding the outstanding bank debt. This extension of the forbearance period will allow Journey and the … [Read more...]
Keyera announces September 2020 dividend
CALGARY, AB - Keyera Corp. (TSX:KEY) ("Keyera") announced today a cash dividend for September 2020 of 16.00 cents per common share. The dividend will be payable on October 15, 2020, to shareholders of record on September 22, 2020. The ex-dividend date is September 21, 2020. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). For non-resident shareholders, Keyera's dividends are subject to Canadian withholding tax. About Keyera Corp. Keyera Corp. (TSX:KEY) … [Read more...]
AltaGas Ltd. announces monthly dividend
CALGARY, AB - AltaGas Ltd. ("AltaGas") (TSX: ALA) announced today that the September dividend will be paid on October 15, 2020, to common shareholders of record on September 25, 2020. The ex-dividend date is September 24, 2020. 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 is a leading North American energy infrastructure company that connects NGLs and natural gas to domestic and global … [Read more...]
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