CALGARY, May 22, 2019 /CNW/ - Highwood Oil Company Ltd., ("HOCL" or the "Corporation") (TSXV: HOCL) announces that in accordance with the requirements of National Instrument 51-102 - Continuous Disclosure Obligations ("NI 51-102") it has filed the audited financial statements for both of its predecessor entities for the year ended December 31, 2018. As the Corporation was the "reverse takeover acquirer" (as defined in NI 51-102) of Predator Blockchain Capital Corp. ("PBC") in the amalgamation [Read more]
Bonterra Energy Corp. Announces Update to Credit Facilities
CALGARY, May 21, 2019 /CNW/ - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX: BNE) ("Bonterra" or the "Company") today announces that following the annual review of its credit facilities, Bonterra management and Board of Directors have determined, along with the bank syndicate, that amending the credit facilities will better reflect the Company's current operating needs and strategy. The amended credit facilities are comprised of a $300 million syndicated revolving credit facility [Read more]
Obsidian Energy Announces Fixed Income Investor Meetings
CALGARY, May 19, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce the following: Fixed Income Investor Meetings Obsidian Energy Ltd. has engaged Pareto Securities ("Pareto") to arrange fixed income investor meetings in conjunction with a potential unsecured bond issuance. Following these meetings, and subject to market conditions and acceptable terms, a 5-year senior unsecured bond issue of up to US$100 [Read more]
Obsidian Energy Announces Proposed Sale of its 55% Working Interest in the Peace River Oil Partnership
CALGARY, May 17, 2019 /CNW/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to announce it has signed a purchase and sale agreement (the "Agreement") to sell its 55% working interest in the Peace River Oil Partnership ("PROP") for total consideration of approximately $97 million, before normal closing adjustments. Total consideration includes $85.8 million in cash and cash equivalents, with the remainder comprised of [Read more]
Highwood Oil Company Ltd. Announces the Strategic Acquisition of a Premier Oil Resource Play at Peace River
CALGARY, May 16, 2019 /CNW/ - Highwood Oil Company Ltd., ("HOCL", "Highwood" or the "Company") (TSXV: HOCL) is pleased to announce that it has entered into an agreement with a publicly traded oil and gas exploration and production company (the "Vendor") to purchase high quality oil assets in the Peace River Oil region of Northern Alberta for a total transaction value of $93.8 million, comprised of cash considerations of $88.8 million and equity consideration of $5.0 million prior to customary [Read more]
Connacher Announces Meetings of Creditors and Approval of Amended and Restated Support Agreement
CALGARY, May 16, 2019 /CNW/ - Connacher Oil and Gas Limited ("Connacher" or the "Company") announced today that its plan of compromise and arrangement dated May 6, 2019 (the "Plan") has been accepted for filing by the Court of Queen's Bench of Alberta (the "Court") in connection with the Company's restructuring proceedings under the Companies' Creditors Arrangement Act (the "CCAA"). In connection with the filing of the Plan, the Court has granted: (i) an order (the "Amended and Restated [Read more]
Bonterra Energy Corp. Announces Approval of All Resolutions at Annual General Meeting of Shareholders and Voting Results
May 15, 2019, CALGARY /CNW/ - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX: BNE) announced that at its annual general meeting of shareholders held on May 15, 2019, a total of 15,478,904 shares, representing 46.36% of common shares outstanding, were represented in person or by proxy. Shareholders approved all resolutions listed in the management information circular dated April 3, 2019, including the election of each of the six nominees proposed as directors. The detailed results of the [Read more]
Kinder Morgan Canada Limited Reports Voting Results from 2019 Annual Meeting of Shareholders
CALGARY, May 15, 2019 /CNW/ - Kinder Morgan Canada Limited ("KML") (TSX: KML) reported the voting results from its Annual Meeting of Shareholders held May 15, 2019 in Calgary, Alberta (the "Meeting"). Each of the matters voted upon at the Meeting is discussed in greater detail in KML's proxy statement dated April 9, 2019, which is available on SEDAR at www.sedar.com, on EDGAR at www.sec.gov and on KML's website at www.kindermorgancanadalimited.com. A total of 108,276,274 company voting [Read more]
TORC Oil & Gas Ltd. Confirms Monthly Dividend for May 2019
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ CALGARY, May 15, 2019 /CNW/ - TORC Oil & Gas Ltd. ("TORC" or the "Company") (TSX:TOG) is pleased to confirm that a dividend of $0.025 per common share will be paid on June 17, 2019 to common shareholders of record on May 31, 2019. The ex-dividend date is May 30, 2019, with payment to be made in cash or common shares at the election of the shareholder. Any common shareholder choosing to receive [Read more]
Perpetual Energy Inc. Announces Election of Directors
CALGARY, May 15, 2019 /CNW/ - (TSX: PMT) – Perpetual Energy Inc. ("Perpetual" or the "Corporation") is pleased to announce that the nominees listed in the management proxy circular dated March 29, 2019 were elected as directors of Perpetual. The detailed results of the vote for the election of directors held at its annual and special meeting of shareholders earlier today in Calgary, Alberta are set out below. Election of Directors On a vote by ballot, each of the following six nominees [Read more]
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