CALGARY, July 15, 2016 /CNW/ - Northern Blizzard Resources Inc. ("Northern Blizzard") (TSX: NBZ) announced today a dividend of $0.04 per common share for July 2016. The dividend will be payable on August 15, 2016 to shareholders of record on July 29, 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 [Read more]
Twin Butte Energy Ltd. Announces Mailing of Management Information Circular with Respect to Plan of Arrangement and Annual Meeting
CALGARY, July 15, 2016 /CNW/ - (TSX: TBE) – Twin Butte Energy Ltd. ("Twin Butte" or the "Company") is pleased to announce that it has mailed its Management Information Circular and related voting materials to Twin Butte shareholders and debentureholders (collectively, the "Twin Butte Securityholders") in connection with the annual and special meeting to be held on August 10, 2016 (the "Meeting"). At the Meeting, Twin Butte Securityholders will be asked to, among other things, approve the plan of [Read more]
TORC Oil & Gas Ltd. Confirms Monthly Dividend for July 2016
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ CALGARY, July 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 August 15, 2016 to common shareholders of record on July 31, 2016. The ex-dividend date is July 27, 2016, with payment to be made in cash or common shares at the election of the shareholder. Any common shareholder choosing to [Read more]
BDC and ATB announce $1 billion deal to make more capital available for Alberta businesses
CALGARY, July 15, 2016 /CNW Telbec/ - Recognizing a need to further help Alberta-based small and mid-sized businesses gain access to capital, the Business Development Bank of Canada (BDC) and ATB Financial (ATB) have negotiated a $1 billion agreement to support small business. BDC and ATB will each contribute $500 million in new business loans under the program, a first of its kind between the two financial institutions. "The most important time for businesses to be able to access capital [Read more]
Surge Energy Inc. Confirms July 2016 Dividend
CALGARY, July 15, 2016 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on August 15, 2016 in respect of July 2016 production, for the shareholders of record on July 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. Management is [Read more]
Whitecap Resources Inc. confirms monthly dividend for July of $0.0233 per share
CALGARY, July 14, 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 July operations will be paid on August 15, 2016 to shareholders of record on July 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 sustainable monthly cash dividend to its shareholders. We are focused on [Read more]
Local 793 Lauds Historic Agreement on Energy East Pipeline
OAKVILLE, ON, July 14, 2016 /CNW/ - Mike Gallagher, business manager of Local 793 of the International Union of Operating Engineers, says a memorandum of understanding signed today for work on the Energy East Pipeline Project is important because the venture will ensure thousands of jobs for unionized trades. "Local 793 is fully supportive of this memorandum of understanding because the project will create thousands of high-paying jobs for Operating Engineers and other unionized trades that [Read more]
Wolf Midstream Inc. Signs Agreement to Acquire 50% Interest in Access Pipeline in Alberta for $1.4 Billion
CALGARY, July 14, 2016 /CNW/ - Wolf Midstream Inc. (Wolf) announced today that it has signed an agreement to acquire a 50% ownership interest in Access Pipeline (Access) from Devon Energy Corp. (Devon) for $1.4 billion. The Access Pipeline system includes pipelines that transport blended bitumen and diluent between the Christina Lake area of Northeastern Alberta and Edmonton. Under the terms of the transaction, Devon's thermal-oil acreage is dedicated to Access for an initial term of 25 [Read more]
Bank of Canada maintains overnight rate target at 1/2 per cent
OTTAWA, 13 July 2016 /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. Inflation in Canada is on track to return to 2 per cent in 2017 as the complex adjustment underway in Canada's economy proceeds. The fundamentals remain in place for a pickup in growth over the projection horizon, albeit in a climate of heightened uncertainty. In this [Read more]
Painted Pony Announces Interim Firm Transportation
CALGARY, July 12, 2016 /CNW/ - Painted Pony Petroleum Ltd. ("Painted Pony" or the "Corporation") (TSX: PPY) is pleased to announce that it has secured sufficient interim firm transportation to mitigate any impact by potential delays in the completion of the High Pine Expansion Project (the "Project") on the T-North Pipeline by Spectra Energy ("Spectra"), as the project proponents await regulatory approval to proceed. Painted Pony's previously announced firm transportation on Spectra's T-North [Read more]
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