CALGARY, Jan. 18, 2017 /CNW/ - Montana Exploration Corp. ("Montana" or the "Company") (TSXV: MTZ) is pleased to announce that the Company raised gross proceeds of $1,496,245.34 from its previously announced offering of rights ("Rights") which expired on January 13, 2017 (the "Rights Offering"). Proceeds of the Rights Offering will be applied to the Company's working capital deficiency and to fund general and administrative expenses as the Company seeks partners to build upon the success of the [Read more]
Advantage Provides Operational Update – Glacier Montney Development Outperforms 2016 Operating & Financial Targets
(TSX: AAV, NYSE: AAV) CALGARY, Jan. 18, 2017 /CNW/ - Advantage Oil & Gas Ltd. ("Advantage" or the "Corporation") is pleased to report that our 2016 operating and financial results outperformed the Corporation's previously disclosed guidance targets. Fourth quarter production, 2016 annual production, operating costs and cash flow were at or exceeded the higher end of guidance reinforcing our industry leading efficiencies, operational expertise and the exceptional quality of Advantage's [Read more]
Bank of Canada maintains overnight rate target at 1/2 per cent
OTTAWA, Jan. 18, 2017 /CNW/ - The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. Uncertainty about the global outlook is undiminished, particularly with respect to policies in the United States. The Bank has made initial assumptions about prospective tax policies only, resulting in a modest upward revision to its US growth outlook. Overall, the global [Read more]
Enerplus Announces Conference Call for Year-End 2016 Results
CALGARY, Jan. 18, 2017 /CNW/ - Enerplus Corporation ("Enerplus") (TSX: ERF) (NYSE: ERF) will be releasing operating and financial results for the year ended December 31, 2016 prior to market open on Friday, February 24, 2017. A conference call will be hosted by Mr. Ian C. Dundas at 9:00 AM MT (11:00 AM EST) to discuss these results. Details of the conference call are as follows: Year-End 2016 Results Live Conference Call Date: Friday, February 24, 2017Time: 9 AM MT (11:00 AM [Read more]
Pembina Pipeline Corporation Announces $600 Million Public Note Offering
CALGARY, Jan. 17, 2017 /CNW/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL, NYSE: PBA) announced today that it has agreed to issue $600 million of senior unsecured medium-term notes (the "Offering"). The Offering will be conducted in two tranches consisting of $300 million in senior unsecured medium-term notes, series 8 (the "Series 8 Notes") having a fixed coupon of 2.99% per annum, paid semi-annually, and maturing on January 22, 2024, and $300 million in senior [Read more]
ARC Resources Ltd. Confirms February 15, 2017 Dividend Amount
CALGARY, Jan. 16, 2017 /CNW/ - (ARX - TSX) ARC Resources Ltd. ("ARC") confirms that an eligible dividend of $0.05 per share will be paid on February 15, 2017 to shareholders of record on January 31, 2017. The ex-dividend date is January 27, 2017. As at January 16, 2017 the trailing 12-month payments to investors, including the January 16, 2017 payment, total $0.65 per share. ARC offers a Dividend Reinvestment Plan ("DRIP") and Stock Dividend Program ("SDP") as optional plans for its [Read more]
Northern Blizzard Resources Inc. Announces January 2017 Dividend
CALGARY, Jan. 16, 2017 /CNW/ - Northern Blizzard Resources Inc. ("Northern Blizzard") (TSX: NBZ) announced today a cash dividend of $0.02 per common share for January 2017. The dividend will be payable on February 15, 2017 to shareholders of record on January 31, 2017. This dividend has been designated as an eligible dividend under the Income Tax Act (Canada). Northern Blizzard Northern Blizzard is a Canadian crude oil production and development company focused on maximizing oil recovery from [Read more]
Whitecap Resources Inc. confirms monthly dividend for January of $0.0233 per share
CALGARY, Jan. 16, 2017 /CNW/ - Whitecap Resources Inc. (TSX: WCP) is pleased to announce that a cash dividend of Cdn. $0.0233 per common share in respect of January operations will be paid on February 15, 2017 to shareholders of record on January 31, 2017. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). About Whitecap Whitecap Resources Inc. is an oil-weighted growth company that pays a monthly cash dividend to its shareholders. We are focused on [Read more]
TORC Oil & Gas Ltd. Confirms Monthly Dividend for January 2017
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ CALGARY, Jan. 16, 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 February 15, 2017 to common shareholders of record on January 31, 2017. The ex-dividend date is January 27, 2017, with payment to be made in cash or common shares at the election of the shareholder. Any common shareholder [Read more]
Surge Energy Inc. Confirms January 2017 Dividend
CALGARY, Jan. 16, 2017 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on February 15, 2017 in respect of January 2017 production, for the shareholders of record on January 31, 2017 will be $0.00625 per share. The dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). Surge Energy Inc. is an oil-weighted production and development company with high quality, large oil in place, crude oil reservoirs. Management [Read more]
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