CALGARY, March 7, 2017 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to report its operating and audited financial results for the year ended December 31, 2016. Selected financial and operating information is outlined below and should be read with Whitecap's audited annual consolidated financial statements and related Management's Discussion and Analysis ("MD&A") and Annual Information Form ("AIF") which will be available at www.sedar.com and on [Read more]
Encanto Potash Receives Request for Potash Quote from India's MMTC
TSXV: EPO VANCOUVER, March 6, 2017 /CNW/ - Encanto Potash Corp. ("Encanto" or the "Company") (TSXV: EPO) is pleased to confirm that they are in receipt of 3 separate requests for potash quotes originating from India. The orders would fall under the previously announced agreement between the Company and Metals and Minerals Trading Company, India's largest trading company. That agreement for a minimum 2M tonnes of potash annually contained a unique clause allowing for potential sales from [Read more]
TimberRock Energy Corp. Announces Closing of Equity Financing
CALGARY, March 6, 2017 /CNW/ - TimberRock Energy Corp ("TimberRock") is pleased to announce that it has closed a $39 million financing at $0.45/share, led by Azimuth Capital Management, two of its co-investors and Tudor, Pickering, Holt & Co. Asset Management, an energy-focused asset manager. TimberRock will use the proceeds of this financing to continue developing its successful Glauconite drilling program at Garrington, Alberta, where the Company has 45 sections of land tied up under [Read more]
Painted Pony announces updated 2017 capital budget, updated 2018 development plans, and attendance at the GMP FirstEnergy East Coast Energy Symposium
CALGARY, March 6, 2017 /CNW/ - Painted Pony Petroleum Ltd. ("Painted Pony" or the "Corporation") (TSX: PPY) is pleased to announce updated 2017 capital budget and 2018 development plan details. Consistent with Painted Pony's strategy of capital discipline and due to the recent decline in forward strip natural gas prices, the Corporation has decided to reduce the level of capital spending during 2017 and 2018 to ensure the Corporation maintains its current financial [Read more]
TransAlta Reports Fourth Quarter and Full Year 2016 Results
CALGARY, March 3, 2017 /CNW/ - TransAlta Corporation ("TransAlta" or the "Company") (TSX: TA; NYSE: TAC) today reported its fourth quarter and full year 2016 financial results. Comparable EBITDA(1) for the fourth quarter 2016 was $374 million compared to $268 million during the same period last year. Comparable FFO(1) for the quarter was $228 million, or $0.79 per share, compared to $243 million, or $0.86 per share, during the same period last year. The Keephills 1 Force Majeure (the "K1 FM") [Read more]
Journey Energy Inc. announces exercise of warrants
CALGARY, March 3, 2017 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") announces that its strategic financing partner, Alberta Investment Management Corporation ("AIMCo"), has exercised the warrants they were issued in the October 2016 private placement. Journey previously issued 4.95 million share purchase warrants (the "Warrant(s)") in connection with the term debt private placement which closed on October 6, 2016. Each Warrant entitled AIMCo to purchase one common share [Read more]
Advantage Announces Fourth Quarter and Year-End 2016 Results
Record Results and Outperformance Underscores Low Cost Glacier Montney Natural Gas Supply & Continuing Growth (TSX: AAV, NYSE: AAV) CALGARY, March 2, 2017 /CNW/ - Advantage Oil & Gas Ltd. ("Advantage" or the "Corporation") is pleased to report the Corporation outperformed its 2014 through 2016 Glacier Montney development plan objectives and achieved record operating and financial results in 2016. During the last three years, Advantage transformed into a North American leading low [Read more]
Trident Exploration Corp Announces Executive Appointments
CALGARY, March 2, 2017 /CNW/ - Trident Exploration Corp. ("Trident" or the "Company") is pleased to announce the appointment of new executives. All effective March 1st, the Company has appointed its Chief Operating Officer, Chief Financial Officer and Vice President, Land. Mark Smith, P.Eng. – Chief Operating Officer Mr. Smith has over 30 years of experience in production, operations, budgeting, capital management and project execution. Mark's experience includes executive positions with [Read more]
Bellatrix announces conference call and webcast details and release dates for its upcoming 2016 year-end reserves and 2016 financial and operational results
TSX, NYSE: BXE CALGARY, March 2, 2017 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE) plans to release its 2016 year end reserve information before markets open on March 8, 2017 and subsequently release its fourth quarter and year end 2016 operational and financial results before markets open on March 15, 2017. Bellatrix will host a conference call to discuss the year end reserve information as well as the fourth quarter [Read more]
Vermilion Energy Inc. Announces Proposed Issuance of US$300 Million Senior Unsecured Notes
CALGARY, March 1, 2017 /CNW/ - Vermilion Energy Inc. ("Vermilion") (TSX, NYSE: VET) announces its intention to issue up to US$300 million aggregate principal amount of 8 year senior unsecured notes (New Notes) in a private offering, subject to market and other conditions. The company intends to use the net proceeds from the New Notes to repay a portion of the debt outstanding on its revolving credit facility. The New Notes have not been and will not be registered under the Securities Act of [Read more]
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