CALGARY, June 17, 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 July 15, 2016 to all shareholders of record at the close of business on June 28, 2016. The ex-dividend date for this payment is June 24, 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 0.7668. The U.S. dollar [Read more]
Penn West Announces Annual and Special Meeting of Shareholders
CALGARY, June 16, 2016 /CNW/ - PENN WEST PETROLEUM LTD. (TSX – PWT; NYSE – PWE.BC) ("Penn West") will be hosting its Annual and Special Meeting on Thursday, June 23, 2016 at 10:00 a.m. MDT (12:00 p.m. EDT) in the Kensington Boardroom of the Marriott Downtown Hotel, located at 110 - 9th Avenue SE, Calgary Alberta. Scheduled as part of the meeting proceedings, Mr. Dave Roberts, President and CEO, will address shareholders and provide a summary of Penn West's 2015 accomplishments and discuss [Read more]
Keyera Closes CDN$60 Million Note Issue under Private Shelf Agreement
CALGARY, June 16, 2016 /CNW/ - Keyera Corp. (TSX:KEY) ("Keyera") announced today that it has concluded its previously announced CDN$60 million issuance of long-term notes pursuant to an uncommitted private shelf agreement with the Prudential Capital Group ("Prudential"). Proceeds from the notes will be used to repay short-term indebtedness under Keyera's credit facilities and for general corporate purposes. [Read more]
National Energy Board starts the clock on Energy East Pipeline Project
Process will be open to all Canadians CALGARY, June 16, 2016 /CNW/ - The National Energy Board (NEB) is starting the clock on one of the most innovative hearings in the NEB's history. The NEB's review of the Energy East Pipeline Project will include opportunities for the general public to provide their input and for hearing participants to orally question the applicants. There will also be an assessment of upstream greenhouse gas emissions. This review starts today. The NEB has determined [Read more]
National Energy Board Deems Energy East Pipeline Project Application Complete
OTTAWA, June 16, 2016 /CNW/ - The Government of Canada believes the environment and the economy can go hand in hand. Accordingly, proposed major resource projects need to undergo a thorough review and must carry the confidence of Canadians if they are to proceed. The National Energy Board (NEB) today determined the applications for TransCanada's Energy East and Eastern Mainline pipeline projects are complete. This means the 21-month NEB review period will now begin. The NEB will use this [Read more]
Enerplus Completes Sale of Certain Assets in Northwest Alberta
CALGARY, June 16, 2016 /CNW/ - Enerplus Corporation ("Enerplus" or the "Company") (TSX & NYSE: ERF) has completed the previously announced sale of certain non-core assets (the "Assets") located in northwest Alberta, including its Pouce Coupe asset, for cash proceeds of approximately $95.5 million. Proceeds from this transaction were used to fully repay the Company's outstanding bank credit facility. About Enerplus Enerplus Corporation is a responsible developer of high quality crude oil [Read more]
Bellatrix announces asset acquisition and credit facility update
TSX, NYSE: BXE CALGARY, June 16, 2016 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE) is pleased to announce the acquisition of highly complementary producing assets in its west central Alberta core Ferrier area, and provide an update on its ongoing credit facility redetermination process. Asset Acquisition from Grafton Energy Co. I Ltd. Bellatrix has entered into an agreement with Grafton Energy Co. I Ltd. ("Grafton") to acquire complementary [Read more]
TORC Oil & Gas Ltd. Confirms Monthly Dividend for June 2016
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ CALGARY, June 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 July 15, 2016 to common shareholders of record on June 30, 2016. The ex-dividend date is June 28, 2016, with payment to be made in cash or common shares at the election of the shareholder. Any common shareholder choosing to [Read more]
49 North Resources Inc. announces expansion of the size of private placement and closing of first tranche
TSX Venture Exchange Symbol FNR SASKATOON, June 15, 2016 /CNW/ - 49 North Resources Inc. ("49 North" or the "Company") (TSXV: FNR) announces the completion of an initial closing of its previously announced non-brokered private placement (see press release of June 3, 2016) and, due to the high demand, the expansion of the placement from the original maximum of 6,000,000 units to 8,000,000 units. At the closing today, 49 North issued 6,000,000 units at a price of $0.10 per unit, for gross [Read more]
Northern Blizzard Resources Inc. Announces June 2016 Dividend
CALGARY, June 15, 2016 /CNW/ - Northern Blizzard Resources Inc. ("Northern Blizzard") (TSX: NBZ) announced today a dividend of $0.04 per common share for June 2016. The dividend will be payable on July 15, 2016 to shareholders of record on June 30, 2016. This dividend has been designated as an eligible dividend under the Income Tax Act (Canada). Northern Blizzard offers a Stock Dividend Program ("SDP") where shareholders may elect to receive their dividends in the form of common shares in lieu [Read more]
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