TSX-V: HME - VANCOUVER, Sept. 12, 2016 /CNW/ - Hemisphere Energy Corporation (TSX-V: HME) ("Hemisphere" or the "Company") is pleased to announce results from its most recent development well which tested production from its Atlee Buffalo Upper Mannville G pool. Following the closing of a private placement with gross proceeds of $1.9 million, Hemisphere drilled its first horizontal development well into the Atlee Buffalo Upper Mannville G pool at the end of July. Total costs to drill, complete, [Read more]
Enerplus to Present at Peters & Co. Limited 2016 Energy Conference
CALGARY, Sept. 9, 2016 /CNW/ - Enerplus Corporation ("Enerplus") (TSX and NYSE: ERF) is pleased to advise that Ian C. Dundas, President & Chief Executive Officer, will be presenting at the Peters & Co. Limited 2016 Energy Conference in Toronto on September 13, 2016 at 4:40 PM ET (2:40 PM MT). Investors are invited to listen to a live webcast of the presentation at: https://cc.talkpoint.com/pecl001/091316a_ae/?entity=23_33PT32I To ensure timely participation in the webcast, please log in 15 [Read more]
Keyera Announces September 2016 Dividend
CALGARY, Sept. 9, 2016 /CNW/ - Keyera Corp. (TSX:KEY) ("Keyera") announced today a cash dividend for September 2016 of 13.25 cents per common share. The dividend will be payable on October 17, 2016, to shareholders of record on September 22, 2016. The ex-dividend date is September 20, 2016. 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 [Read more]
Westcoast Energy Declares Dividends
VANCOUVER, Sept. 9, 2016 /CNW/ - On September 9, 2016, Westcoast Energy Inc. declared the following quarterly dividends: Cumulative 5-year Minimum Rate Reset Redeemable First Preferred Shares, Series 12: A dividend of $16.38 cents per share payable on October 15, 2016 to shareholders of record at the close of business on October 1, 2016. All dividends paid or deemed paid for Canadian federal, provincial or territorial income tax purposes by Westcoast Energy Inc. and Union Gas Limited [Read more]
Imperial to market Norman Wells assets
Marketing to commence in third quarter of 2016 Definitive decision to sell the asset has not been made CALGARY, Sept. 9, 2016 /CNW/ - Imperial today announced its intention to market its interests in the Norman Wells operation in the Northwest Territories. A definitive decision to sell the assets has not been made. Imperial recognizes the significance of this marketing effort and potential sale for people in the area and is in dialogue with Sahtu leaders about its plans. The marketing [Read more]
Pembina Pipeline Corporation Declares September 2016 Common Share Dividend
CALGARY, Sept. 8, 2016 /CNW/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that its Board of Directors declared a common share cash dividend for September 2016 of $0.16 per share to be paid, subject to applicable law, on October 15, 2016 to shareholders of record on September 25, 2016. This dividend is designated an "eligible dividend" for Canadian income tax purposes. For non-resident shareholders, Pembina's common share dividends should [Read more]
Post-oil-shock recovery scaled back for Canada: CIBC
Outlook calls for a weaker Canadian dollar to help stimulate exports and capital spending TORONTO, Sept. 7, 2016 /CNW/ - After absorbing the worst of what the oil shock could dish out, the Canadian economy is in better shape, but real GDP growth will fall short of 2 per cent in each of the next two years, finds a new report from CIBC Capital Markets. "As it seeks to replace the role previously filled by energy sector capital spending, Canada will find that there's a longer fuse for the [Read more]
Surge Energy Inc. Announces Preliminary Guidance For 2017 and Upward Revision to 2016 Production Exit Rate
CALGARY, Sept. 6, 2016 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) announces preliminary guidance for 2017, with production averaging more than 13,650 boepd, and a 2017 production exit rate of 14,150 boepd. In addition, Surge announces an upward revision to the Company's previously announced 2016 production exit rate estimate from 13,000 boepd to 13,500 boepd. PRELIMINARY GUIDANCE FOR 2017 In 2017 Surge plans to deliver approximately five percent growth in production [Read more]
Trident Exploration Corp Announces New Board of Directors
CALGARY, Sept. 5, 2016 /CNW/ - Trident Exploration Corp. ("Trident" or the "Company") is pleased to announce changes in ownership and introduce its new board of directors. Upon completion of the Company's recapitalization scheduled for September 6, 2016, certain funds managed by Origami Capital Partners ("Origami"), a registered investment advisor based in Chicago, Illinois with investments of over US$700 million since its inception in 2008, will hold a majority of Trident's issued and [Read more]
Twin Butte Energy Announces Appointment of Receiver
CALGARY, Sept. 2, 2016 /CNW/ - Twin Butte Energy Ltd. (TSX: TBE) ("Twin Butte" or the "Company") announces that the Court of Queens Bench of Alberta has granted the application of the Company's syndicate lenders, to appoint FTI Consulting Canada Inc. (the "Receiver") as receiver and manager over the assets, undertakings and property of Twin Butte. The Receiver is charged with managing the day to day affairs of the Company during the period of its appointment and should be contacted with respect [Read more]
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