CALGARY, March 15, 2017 /CNW/ - (TSX:PMT) – Perpetual Energy Inc. ("Perpetual", the "Corporation" or the "Company") is pleased to release its fourth quarter and year end 2016 financial and operating results. A complete copy of Perpetual's audited consolidated financial statements, Management's Discussion and Analysis ("MD&A") and Annual Information Form for the year ended December 31, 2016 will be available through the Corporation's website at www.perpetualenergyinc.com and SEDAR at [Read more]
Penn West Announces its Financial and Operational Results for the Year Ended December 31, 2016 and 2016 Reserves Results
CALGARY, March 15, 2017 /CNW/ - PENN WEST PETROLEUM LTD. (TSX – PWT; NYSE – PWE) ("Penn West", the "Company", "we", "us" or "our") is pleased to announce financial and operational results for the year ended December 31, 2016, along with year-end 2016 reserves results. "2016 was a year of reshaping and rebuilding for Penn West as we examined every aspect of our business to ensure we are well structured to thrive in today's commodity price environment," commented David French, President and [Read more]
Bellatrix Exploration Ltd. Announces Fourth Quarter and Year End 2016 Financial and Operating Results
TSX, NYSE: BXE CALGARY, March 15, 2017 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE) announces its financial and operating results for the fourth quarter and year ended December 31, 2016. This press release contains forward-looking statements. Please refer to our cautionary language on forward-looking statements and the other matters set forth at the end of this press release and the beginning of the Management's Discussion and Analysis (the [Read more]
Perpetual Energy Inc. Confirms Closing of Debt Financing, Private Placement and Credit Facility Amendments and Announces Early Redemption for 2018 Senior Notes
CALGARY, March 14, 2017 /CNW/ - (TSX: PMT) – Perpetual Energy Inc. ("Perpetual" or the "Company") is pleased to confirm that it has closed the strategic financing initiatives previously announced February 17, 2017 (collectively, the "Financing Transactions") and to announce the early redemption of its 8.75% senior notes maturing March 15, 2018 (the "2018 Senior Notes"). FINANCING TRANSACTIONS As at March 14, 2017, Perpetual has closed the following previously announced Financing [Read more]
Cequence Energy Announces Operational Update, 2016 Financial and Operating Results and Reserves
CALGARY, March 13, 2017 /CNW/ - Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) is pleased to provide an update on its recent operational activities and to announce its year-end reserve evaluation as prepared by its qualified independent reserve evaluator as well as its operating and financial results for the fourth quarter and year ended December 31, 2016. The Company's Consolidated Financial Statements and Management's Discussion and Analysis are available at [Read more]
Keyera Announces March 2017 Dividend
CALGARY, March 13, 2017 /CNW/ - Keyera Corp. (TSX:KEY) ("Keyera") announced today a cash dividend for March 2017 of 13.25 cents per common share. The dividend will be payable on April 17, 2017, to shareholders of record on March 22, 2017. The ex-dividend date is March 20, 2017. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). For non-resident shareholders, Keyera's dividends are subject to Canadian withholding tax. About Keyera Corp. Keyera Corp. [Read more]
Vermilion Energy Inc. Announces the Closing of its Senior Unsecured Notes Offering
CALGARY, March 13, 2017 /CNW/ - Vermilion Energy Inc. ("Vermilion" or the "Company") (TSX, NYSE: VET) announces the closing of its previously announced private offering of US$300 million senior unsecured notes due 2025 (New Notes). The New Notes have a fixed coupon of 5.625% per annum, to be paid semi-annually on March 15 and September 15, commencing September 15, 2017. The company intends to use the net proceeds from the New Notes to repay a portion of the debt outstanding on its revolving [Read more]
Despite Higher Prices, Canadian Oil Industry Still in Survival Mode Says Conference Board of Canada
OTTAWA, March 13, 2017 /CNW/ - Although Canada's oil producers are expected to benefit from both higher prices and rising production, profitability will remain elusive for the industry – with losses expected for the third year in a row. Pre-tax losses in Canada's oil extraction industry are projected to reach just over $1.1 billion this year, according to The Conference Board of Canada's latest outlook for the industry. "Following three consecutive years of oversupply, global crude oil [Read more]
Government of Canada Approves Towerbirch Pipeline Expansion Project
OTTAWA, March 10, 2017 /CNW/ - Canadians have told the Government that we must protect our environment for future generations while growing the economy and creating good, middle-class jobs. The Government is making responsible decisions about moving Canadian energy to markets while investing in clean technology and supporting the long-term transition to a lower-carbon energy mix. Canada's Minister of Natural Resources, the Honourable Jim Carr, today announced the Government of Canada's [Read more]
NYX Gaming Group Announces Date for Fourth Quarter and Fiscal Year 2016 Financial Results and Conference Call
TORONTO, March 10, 2017 /CNW/ - NYX Gaming Group Limited ("NYX" or the "Company") (TSX-V: NYX) today announced it will host a conference call and webcast with members of the investment community to discuss its fourth quarter and fiscal year 2016 financial results on Tuesday, April 25, 2017 at 8:30a.m. ET. The call will be hosted by Matt Davey, Group CEO of NYX, and Eric Matejevich, CFO. The Company will provide a corporate update on the progress of its integration [Read more]
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