TSX, NYSE: BXE CALGARY, March 17, 2017 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE) today announces the filing of its Annual Information Form ("AIF") for the year ended December 31, 2016, with the Canadian securities regulatory authorities on the System for Electronic Document Analysis and Retrieval ("SEDAR"). In addition, Bellatrix has filed its Form 40-F for the year ended December 31, 2016, which includes the AIF, with the United States Securities and [Read more]
Enerplus Announces Cash Dividend for April 2017
CALGARY, March 17, 2017 /CNW/ - 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 April 13, 2017 to all shareholders of record at the close of business on March 29, 2017. The ex-dividend date for this payment is March 27, 2017. 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 0.7508. The U.S. dollar [Read more]
Renaissance Announces $10 Million Brokered Private Placement Fully Committed with Reduction in Unit Price to $0.25
/NOT FOR DISTRIBUTION IN THE UNITED STATES OR DISSEMINATION THROUGH A U.S. NEWSWIRE SERVICE/ VANCOUVER, March 16, 2017 /CNW/ - Renaissance Oil Corp. (the "Company") (TSX-V: ROE) announces that, further to its March 8, 2017 news release with respect to the engagement of Haywood Securities Inc., as lead agent with Beacon Securities Limited and Canaccord Genuity Corp. (collectively, the "Agents") for a brokered private placement, the Company and the Agents have agreed to reduce the price per [Read more]
Ironhorse Announces 2016 Fourth Quarter and Year End Results
CALGARY, March 16, 2017 /CNW/ - Ironhorse Oil & Gas Inc. ("Ironhorse" or the "Company") (TSX-V: IOG) announces its fourth quarter and full year 2016 financial and operating results and year-end reserves information. Highlights of 2016: Funds from operations decreased 113% to negative $30,000 for the year ended December 31, 2016 from positive $228,000 for the year ended December 2015. Despite producing for just 31 days during the first seven months of 2016 as a result of being [Read more]
ARC Resources Ltd. Confirms April 17, 2017 Dividend Amount
CALGARY, March 16, 2017 /CNW/ - (ARX - TSX) ARC Resources Ltd. ("ARC") confirms that an eligible dividend of $0.05 per share will be paid on April 17, 2017 to shareholders of record on March 31, 2017. The ex-dividend date is March 29, 2017. As at March 16, 2017, the trailing 12-month payments to investors, including the March 15, 2017 payment, total $0.60 per share. On February 8, 2017, ARC's Board of Directors approved the elimination of its Dividend Reinvestment Plan ("DRIP") and Stock [Read more]
Canbriam Energy Announces 2017 Capital Budget of $295 million and Provides an Operational Update on the Development of its Altares Montney Asset
CALGARY, March 16, 2017 /CNW/ - Canbriam Energy Inc. ("Canbriam" or the "Company") has approved $295 million in capital expenditures for 2017, which reflects an increased pace of development of its liquids rich Montney resource and ongoing construction of the recently sanctioned Phase 3 of the 100% owned Altares processing facility. Phase 3 is designed to add an additional 120 million cubic feet per day of natural gas processing capacity once commissioned in late 2018 and will take total [Read more]
Ikkuma Resources Announces Additional Light Oil Discovery and 2016 Year-end Reserves
CALGARY, March 16, 2017 /CNW/ - Ikkuma Resources Corp. ("Ikkuma" or the "Corporation") (TSXV: IKM) is pleased to announce its 2016 year-end reserves. Operations Update In Q1 2017, the Corporation completed drilling two additional Cardium horizontal wells in the northern part of the Narraway light oil pool. The second well was drilled for $2 million, which represents a cost reduction of approximately 30% from the first three drills, primarily due to a continuous two well drilling program. [Read more]
Surge Energy Inc. Announces Q4 and Year End 2016 Results; Exceeds 2016 Production Exit Rate Target; Cash Flow Per Share Up 43 Percent; Confirms March 2017 Dividend
CALGARY, March 15, 2017 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) announces its operating and financial results for the year and quarter ended December 31, 2016. 2016 - POSITIONED FOR OUTPERFORMANCE Management has been strategically positioning Surge for success in a lower crude oil price environment for over 30 months. In the extended downturn for world crude oil prices, Surge focused on creating financial liquidity, balance sheet management, rigorous cost cutting [Read more]
TORC Oil & Gas Ltd. Confirms Monthly Dividend for March 2017
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ CALGARY, March 15, 2017 /CNW/ - TORC Oil & Gas Ltd. ("TORC" or the "Company") (TSX:TOG) is pleased to confirm that a dividend of $0.02 per common share will be paid on April 17, 2017 to common shareholders of record on March 31, 2017. The ex-dividend date is March 29, 2017, with payment to be made in cash or common shares at the election of the shareholder. Any common shareholder choosing to [Read more]
Penn West Confirms Filing of its 2016 Year End Disclosure Documents
CALGARY, March 15, 2017 /CNW/ - PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE - PWE) ("Penn West", "we", "us" or "our") announces that it has filed with Canadian securities regulatory authorities its audited Consolidated Financial Statements for the year ended December 31, 2016 and related Management's Discussion and Analysis. Penn West has also filed its Annual Information Form for the year ended December 31, 2016, which includes the disclosure and reports relating to reserves data and other [Read more]
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