VANCOUVER, Jan. 24, 2020 /CNW/ - IsoEnergy Ltd. ("IsoEnergy" or the "Company") (TSXV: ISO; OTCQX: ISENF) announces that it has granted, subject to regulatory approval, 1,685,000 incentive stock options to certain directors, officers and employees of the Company (the "Options"). In addition to the Options, the Company has also granted Kin Communications Inc. and Swiss Resource Capital AG, subject to regulatory approval, 25,000 stock options each as investor relations consultants to the Company … [Read more...]
Enerplus Announces 2020 Guidance and Outlook through 2022
CALGARY - Enerplus Corporation ("Enerplus" or the "Company") (TSX & NYSE: ERF) today announced its 2020 exploration and development capital budget of $520 to $570 million and outlook through 2022. "We remain focused on creating value for shareholders through a combination of sustainable, high return production per share growth, free cash flow generation and low financial leverage," stated Ian C. Dundas, President and Chief Executive Officer. "As we further prioritize our ability to … [Read more...]
Crescent Point Closes Sale of Gas Infrastructure Assets
CALGARY, Jan. 20, 2020 /CNW/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX and NYSE: CPG) is pleased to announce that it has successfully closed the previously announced sale of certain associated gas infrastructure assets (the "Assets") in Saskatchewan for total cash consideration of $500 million. The Assets sold as part of this transaction include nine natural gas gathering and processing facilities and two gas sales pipelines with total throughput capacity of more … [Read more...]
Obsidian Energy Provides Operational and Hedging Update
CALGARY ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to provide an update on our Cardium development program which continues to demonstrate encouraging results as we initiate our 2020 drilling campaign. Additionally, the Company provides the details of recently added hedges to our 2020 program. Cardium Development Program Update All 13 wells from the second half of 2019 were successfully brought online prior to the end of December. Results from the program continue … [Read more...]
MEG Energy Announces Preliminary 2019 Fourth Quarter and Full-Year Financial and Operating Data
All financial figures are in Canadian dollars ($ or C$) and all references to barrels are per barrel of bitumen sales unless otherwise noted CALGARY - MEG Energy Corp. ("MEG" or the "Company") (TSX: MEG) announced today its preliminary estimates of expected ranges of certain financial and operating data for the three months and year ended December 31, 2019. The table below presents management's preliminary estimates, based on the information and data currently available, of … [Read more...]
Enerplus Announces Executive Leadership Retirement and New Chief Operating Officer
CALGARY - Enerplus Corporation ("Enerplus") (TSX & NYSE: ERF) today announced the retirement of Ray Daniels as Senior Vice President, Operations, People & Culture after more than 35 years in the energy industry, including 12 years with Enerplus. Mr. Daniels will remain in his current position until he formally retires in April 2020. In conjunction with Mr. Daniels' retirement, the Company also announced that it has hired Wade Hutchings as Senior Vice President & Chief Operating … [Read more...]
Jupiter Credit Facility Extended
CALGARY, Jan. 15, 2020 /CNW/ - Jupiter Resources Ltd. and its affiliates (collectively, "Jupiter" or the "Company") have received an extension to the maturity date, associated with the Company's existing senior secured reserve-based revolving credit facility (the "RBL Facility"), until January 31, 2020. The commitments under the RBL Facility will be limited to a maximum of $265 million for the extension period, during which the Company will continue to negotiate a longer-term credit … [Read more...]
TORC Oil & Gas Ltd. Confirms Monthly Dividend for January 2020
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ CALGARY, Jan. 15, 2020 /CNW/ - TORC Oil & Gas Ltd. ("TORC" or the "Company") (TSX:TOG) is pleased to confirm that a cash dividend of $0.025 per common share will be paid on February 18, 2020 to common shareholders of record on January 31, 2020. The ex-dividend date is January 30, 2020. This dividend has been designated as an "eligible dividend" for Canadian income tax purposes. Share Dividend … [Read more...]
Vermilion Energy Inc. Announces $0.23 CDN Cash Dividend for February 18, 2020 Payment Date
CALGARY, Jan. 15, 2020 /CNW/ - Vermilion Energy Inc. ("Vermilion") (TSX, NYSE: VET) is pleased to announce a cash dividend of $0.23 CDN per share payable on February 18, 2020 to all shareholders of record on January 31, 2020. The ex-dividend date for this payment is January 30, 2020. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). As previously announced, we are phasing out the Dividend Reinvestment Plan ("DRIP") over the course of 2020. We will be … [Read more...]
Surge Energy Inc. Confirms January 2020 Dividend
CALGARY, Jan. 15, 2020 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on February 17, 2020 in respect of January 2020 production, for the shareholders of record on January 31, 2020 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, … [Read more...]
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