CALGARY, Dec. 19, 2016 /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 January 13, 2017 to all shareholders of record at the close of business on December 30, 2016. The ex-dividend date for this payment is December 28, 2016. 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 0.7497. The U.S. [Read more]
ARC Resources Ltd. Confirms January 16, 2017 Dividend Amount
CALGARY, Dec. 16, 2016 /CNW/ - (ARX - TSX) ARC Resources Ltd. ("ARC") confirms that an eligible dividend of $0.05 per share will be paid on January 16, 2017 to shareholders of record on December 30, 2016. The ex-dividend date is December 28, 2016. As at December 16, 2016 the trailing 12-month payments to investors, including the December 15, 2016 payment, total $0.70 per share. ARC offers a Dividend Reinvestment Plan ("DRIP") and Stock Dividend Program ("SDP") as optional plans for its [Read more]
Paramount Resources Ltd. Announces the Closing of a Grant by Cavalier Energy of a Royalty for $100 million, the Sale of 5.0 million Seven Generations Shares for $150 million and a Dividend of its Remaining 3.8 million Seven Generations Shares
CALGARY, Dec. 16, 2016 /CNW/ - Cavalier Royalty Paramount Resources Ltd. ("Paramount" or the "Company") (TSX:POU) and Cavalier Energy ("Cavalier"), Paramount's wholly-owned subsidiary, jointly announced today that Cavalier has closed a transaction pursuant to which it has granted a royalty (the "Cavalier Royalty") to an unrelated third party on its oil sands properties (the "Royalty Lands") for cash consideration of $100 million. The Cavalier Royalty will be calculated on a sliding scale [Read more]
Spectra Energy Stockholders Overwhelmingly Approve Merger With Enbridge
HOUSTON, Dec.15, 2016 /CNW/ -- Spectra Energy Corp (NYSE: SE) ("Spectra Energy") announced that during a special stockholder meeting held earlier today, Spectra Energy stockholders voted overwhelmingly to approve the previously announced combination of Spectra Energy with Enbridge Inc. (TSX, NYSE: ENB) ("Enbridge") in a stock-for-stock merger transaction. Approximately 73 percent of the total outstanding shares of Spectra Energy common stock, and approximately 98 percent of the total shares [Read more]
Northern Blizzard Resources Inc. Announces December 2016 Dividend
CALGARY, Dec. 15, 2016 /CNW/ - Northern Blizzard Resources Inc. ("Northern Blizzard") (TSX: NBZ) announced today a cash dividend of $0.02 per common share for December 2016. The dividend will be payable on January 16, 2017 to shareholders of record on December 30, 2016. 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 December of $0.0233 per share
CALGARY, Dec. 15, 2016 /CNW/ - Whitecap Resources Inc. (TSX: WCP) is pleased to announce that a cash dividend of Cdn. $0.0233 per common share in respect of December operations will be paid on January 16, 2017 to shareholders of record on December 31, 2016. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). About WhitecapWhitecap 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 December 2016
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES CALGARY, Dec. 15, 2016 /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 January 16, 2017 to common shareholders of record on December 31, 2016. The ex-dividend date is December 28, 2016, with payment to be made in cash or common shares at the election of the shareholder. Any common shareholder choosing [Read more]
Surge Energy Inc. confirms December 2016 dividend
CALGARY, Dec. 15, 2016 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on January 16, 2017 in respect of December 2016 production, for the shareholders of record on December 31, 2016 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. [Read more]
Questerre reports on results offsetting Kakwa North acreage
CALGARY, Dec. 15, 2016 /CNW/ - Questerre Energy Corporation ("Questerre" or the "Company") (TSX,OSE:QEC) reported today on the results from a recent joint venture well drilled directly offsetting its 100% owned seven sections in the Kakwa-Resthaven area. Michael Binnion, President and Chief Executive Officer of Questerre, commented, "We are very encouraged that recent results of approximately 170 bbls/MMcf and less than 25 ppm H2S are in line with the results from our joint venture block. It [Read more]
TORC Oil & Gas Ltd. Announces 2017 Capital Budget and Production Guidance; Confirms December Dividend
CALGARY, Dec. 14, 2016 /CNW/ - TORC Oil & Gas Ltd. ("TORC" or the "Company") (TSX: TOG) is pleased to announce the Company's Board of Directors has approved a 2017 capital budget of $130 million. TORC's strategic objectives associated with the 2017 capital budget are consistent with the Company's long term objectives of delivering disciplined per share growth in combination with maintaining financial flexibility while providing a sustainable dividend over the long term. TORC's 2017 [Read more]
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