CALGARY, AB - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX: BNE) ("Bonterra" or the "Company") is pleased to announce the appointment of Mr. D. Michael G. Stewart to its Board of Directors (the "Board"), effective March 17, 2021. Bonterra believes Mr. Stewart's extensive energy experience and expertise across all facets of corporate governance will provide invaluable contributions to the Board. Mr. Stewart currently serves on the board of TSX and NYSE-listed TC Energy and brings more [Read more]
Perpetual Energy Inc. announces CFO succession Plan and common share private placement
CALGARY, AB - (TSX: PMT) – Perpetual Energy Inc. ("Perpetual" or the "Company") announces today the planned retirement of Vice President Finance and Chief Financial Officer ("CFO") Mark Schweitzer. Mr. Schweitzer joined the Company in January 2017 and will remain in his existing capacity until the spring of 2021. "We thank Mark for his exceptional leadership and strategic insights that have positioned Perpetual for future success. Mark's contributions to Perpetual have been invaluable and [Read more]
Gear Energy Ltd. announces notice of redemption of debentures
CALGARY, AB - Gear Energy Ltd. ("Gear" or the "Company") (TSX: GXE) is pleased to announce that today it is issuing a notice of redemption to holders of its currently outstanding $12.7 million 7% Convertible Unsecured Subordinated Debentures due November 30, 2023 (the "Debentures"). As set out in the notice of redemption, the redemption date of the Debentures will be April 26, 2021 (the "Redemption Date"). The Debentures are redeemable for an amount equal to the principal amount of the [Read more]
AltaGas Ltd. closes aggregate $550 million medium term note offerings
CALGARY, AB - AltaGas Ltd. ("AltaGas" or the "Company" ) (TSX: ALA) today announced that it has completed its issue of $350 million of senior unsecured medium-term notes (the "3 Year Notes") with a coupon rate of 1.227 percent, maturing on March 18, 2024 and $200 million of senior unsecured medium-term notes (the "6 Year Notes") with a coupon rate of 2.166 percent, maturing on March 16, 2027 (the "Offering"). The net proceeds resulting from the Offering will be used to pay down existing [Read more]
Whitecap Resources Inc. confirms monthly dividend for March of $0.01508 per share
CALGARY, AB - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) confirms that a cash dividend of Cdn. $0.01508 per common share in respect of March operations will be paid on April 15, 2021 to shareholders of record on March 31, 2021. 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 is focused on profitable [Read more]
ARC Resources Ltd. confirms quarterly dividend of $0.06 per share for April 15, 2021
CALGARY, AB - (TSX: ARX) ARC Resources Ltd. ("ARC") confirms a quarterly dividend amount of $0.06 per share for April 15, 2021 to shareholders of record on March 31, 2021. The ex-dividend date is March 30, 2021. At March 15, 2021, the trailing 12-month payments to shareholders total $0.25 per share. About ARC ARC is one of Canada's largest energy companies and its common shares trade on the TSX under the symbol ARX. For further information about ARC Resources Ltd., please visit ARC's [Read more]
Waterous Energy Fund successfully completes take-over bid for 57 million shares of Osum Oil Sands Corp.
CALGARY, AB - Waterous Energy Fund ("WEF") is pleased to announce that it has successfully completed the offer (the "Offer") by its subsidiary, WEF Osum Acquisition Corp. (the "Offeror"), to acquire up to 57,000,000 common shares ("Osum Shares") of Osum Oil Sands Corp. ("Osum") at a price of $3.00 per share, following the expiry of the mandatory 10-day extension period at 11:59 pm (Vancouver time) on March 12, 2021. 21,531,295 additional Osum Shares were deposited and not withdrawn during the [Read more]
PetroShale announces year end 2020 financial, operating and reserves highlights
CALGARY, AB - PetroShale Inc. ("PetroShale" or the "Company") (TSXV: PSH) (OTCQB: PSHIF) is pleased to provide preliminary unaudited financial and operating results for the three and twelve month periods ended December 31, 2020, as well as summary highlights from our independent corporate reserves evaluation prepared by Netherland, Sewell & Associates, Inc. ("NSAI") with an effective date of December 31, 2020 (the "NSAI Report"). The Company anticipates issuing and filing on SEDAR its full [Read more]
Spartan Delta Corp. announces year-end 2020 financial results and reserves and provides updated 2021 guidance
CALGARY, AB - Spartan Delta Corp. ("Spartan" or the "Company") (TSXV: SDE); (TSXV: SDE.R) is pleased to announce its financial and operating results for the fourth quarter and year ended December 31, 2020, as well as its independent oil and gas reserves evaluation as of December 31, 2020, prepared by McDaniel & Associates Consultants Ltd. (the "McDaniel Report"). Corporate Milestones Achieved Since the Recapitalization of Spartan Delta Corp. in December 2019 Completed a [Read more]
AltaGas Ltd. announces aggregate $550 million medium term note offering
Calgary, AB - AltaGas Ltd. ("AltaGas") (TSX: ALA) today announced that it has agreed to issue $350 million of senior unsecured medium term notes (the "3 Year Notes") with a coupon rate of 1.227 percent, maturing on March 18, 2024 and $200 million of senior unsecured medium term notes (the "6 Year Notes") with a coupon rate of 2.166 percent, maturing on March 16, 2027 (the "Offering"). The Offering is expected to close on or about March 16, 2021. The net proceeds resulting from the Offering [Read more]
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