CALGARY, May 12, 2017 /CNW/ - Vermilion Energy Inc. ("Vermilion") (TSX, NYSE: VET) is pleased to announce a cash dividend of $0.215 CDN per share payable on June 15, 2017 to all shareholders of record on May 23, 2017. The ex-dividend date for this payment is May 18, 2017. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). We commenced prorating the Premium DividendTM component of our Dividend Reinvestment Plan by 25%, [Read more]
Painted Pony Announces Results from 2017 Annual General and Special Meeting of Shareholders
CALGARY, May 12, 2017 /CNW/ - Painted Pony Petroleum Ltd. ("Painted Pony" or the "Corporation") (TSX: PPY) is pleased to announce the results from the 2017 Annual General and Special Meeting of Shareholders held on May 11, 2017 (the "Meeting"). Proposed Acquisition of UGR Blair Creek Ltd. Shareholders approved the issuance of 41,000,000 common shares of Painted Pony to Unconventional Resources Canada, LP (the "Vendor") as total consideration for the purchase of all of the shares of UGR Blair [Read more]
Development drilling continues at Kakwa for Questerre Energy
CALGARY, May 11, 2017 /CNW/ - Questerre Energy Corporation ("Questerre" or the "Company") (TSX,OSE:QEC) reported today on its financial and operating results for the quarter ended March 31, 2017. Michael Binnion, President and Chief Executive Officer of Questerre, commented, "We had a good start to the year with progress on all our major assets in the quarter. At Kakwa we have now drilled four of the eight wells planned on our joint venture acreage, including one well that spud last December. [Read more]
Cequence Energy Announces First Quarter Financial and Operating Results
CALGARY, May 11, 2017 /CNW/ - Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) is pleased to announce its operating and financial results for the three month period ended March 31, 2017. The Company's Consolidated Financial Statements and Management's Discussion and Analysis are available at cequence-energy.com and on SEDAR at www.sedar.com. First quarter Company highlights include: Achieved average quarterly production of 9,101 boe/d, an increase of 6 percent from the [Read more]
Newalta Reports Voting Results of Election of Directors
TSX Trading Symbol: NAL CALGARY, May 11, 2017 /CNW/ - Newalta Corporation ("Newalta") (TSX:NAL) announced that at its annual meeting of shareholders held on May 11, 2017, each of the nominees proposed as directors and listed in its management information circular and proxy statement dated March 24, 2017, were elected as directors of Newalta. The detailed results of the vote are set out below: Votes For Votes Withheld Number Percent Number Percent John [Read more]
Yangarra Announces First Quarter 2017 Financial and Operating Results
CALGARY, May 11, 2017 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX:YGR) announces its financial and operating results for the three months ended March 31, 2017. First Quarter Highlights Adjusted EBITDA (which excludes changes in derivative financial instruments) was $10.9 million ($0.13 per share - basic). Oil and gas sales were $15.5 million with funds flow from operations of $10.3 million ($0.13 per share - basic). Net income of $5.2 million ($0.07 per share [Read more]
Northern Blizzard Resources Inc. Announces Acquisition by Waterous Energy Fund of Ownership of 67% of Outstanding Common Shares and Director and Executive Changes
CALGARY, May 11, 2017 /CNW/ - Northern Blizzard Resources Inc. ("Northern Blizzard" or the "Company") (TSX:NBZ) announces that it has been notified by Waterous Energy Fund ("WEF") that WEF's previously announced acquisition, through its affiliates WEF GP (International) Ltd., the general partner of Waterous Energy Fund (International) L.P. and WEF GP (Canadian) Corp., the general partner of Waterous Energy Fund (Canadian) L.P., of approximately 67% of the issued and outstanding common shares of [Read more]
Questerre acquires minority interest in Red Leaf
CALGARY, May 11, 2017 /CNW/ - Questerre Energy Corporation ("Questerre" or the "Company") (TSX,OSE:QEC) announced today that it has made a strategic investment in Red Leaf Resources, Inc. ("Red Leaf"). Through an agreement with one of the vendors, Whitehorn Resources Inc. ("Whitehorn"), Questerre also has the option to acquire over 280 square km. prospective for oil shale in the Kingdom of Jordan ("Jordan"). Michael Binnion, President & Chief Executive Officer of Questerre, commented, [Read more]
Altura Energy Inc. Announces First Quarter 2017 Financial Results and Operational Update
CALGARY, May 10, 2017 /CNW/ - Altura Energy Inc. ("Altura" or the "Corporation") (TSX Venture: ATU) is pleased to announce its financial and operating results for the three months ended March 31, 2017. The unaudited interim condensed consolidated financial statements, and related management's discussion and analysis ("MD&A") will be available at www.sedar.com and www.alturaenergy.ca. OPERATIONAL AND FINANCIAL SUMMARY Three months ended March 31, [Read more]
Painted Pony Reports Increased Credit Facilities and First Quarter 2017 Financial and Operating Results
CALGARY, May 10, 2017 /CNW/ - Painted Pony Petroleum Ltd. ("Painted Pony" or the "Corporation") (TSX: PPY) is pleased to announce increased credit facilities and first quarter 2017 financial and operating results. The first quarter was notable for the announcement of the proposed strategic acquisition of UGR Blair Creek Ltd. ("UGR") through a share purchase agreement whereby Painted Pony agreed to acquire all of the issued and outstanding shares of UGR ("UGR Acquisition"), subject to [Read more]
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