CALGARY, May 21, 2015 /CNW/ - Ikkuma Resources Corp. ("Ikkuma" or the "Corporation") (TSXV: IKM) is pleased to report its financial and operating results for the three months ended March 31, 2015. Selected financial and operational information is set out below and should be read in conjunction with Ikkuma's interim condensed financial statements and the related management's discussion and analysis ("MD&A") for the three months ended March 31, 2015. Ikkuma's condensed interim financial [Read more]
Bellatrix reports voting results from 2015 annual Meeting
TSX, NYSE: BXE CALGARY, May 20, 2015 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE) is pleased to announce the voting results from its annual and special meeting of shareholders held May 20, 2015 in Calgary, Alberta (the "Meeting"). Each of the matters voted upon at the Meeting is discussed in detail in the Company's Management Information Circular dated April 10, 2015 (the "Information Circular") and is available on the Company's website under "Downloads – [Read more]
Perpetual Energy Inc. Announces Election of Directors
CALGARY, May 20, 2015 /CNW/ - (TSX: PMT) – Perpetual Energy Inc. ("Perpetual", the "Corporation" or the "Company") is pleased to announce that the nominees listed in the management proxy circular dated April 1, 2015 were elected as directors of Perpetual. The detailed results of the vote for the election of directors held at its annual meeting of shareholders earlier today in Calgary, Alberta are set out below. Election of Directors On a vote by ballot, each of the following eight nominees [Read more]
TORC Oil & Gas Announces Closing of Financings and Reiterates $125 Million Capital Budget and Production Guidance
CALGARY, May 20, 2015 /CNW/ - TORC Oil & Gas Ltd. ("TORC" or the "Company") (TSX:TOG) is pleased to announce the closing today of its previously announced bought deal prospectus offering of subscription receipts (the "Bought Deal Financing") and its previously announced private placement of subscription receipts (the "CPPIB Investment") to the Canada Pension Plan Investment Board ("CPPIB"). Pursuant to the Bought Deal Financing, TORC issued 28,520,000 subscription receipts at a price of [Read more]
EDC: Alberta exports to bounce back from energy losses in 2016
EDMONTON, May 20, 2015 /CNW/ - The dramatic drop in oil and gas prices will lead to a 17 per cent fall in Alberta's export earnings in 2015, but partial price recovery and volume gains will help overall exports rebound in 2016 to the tune of 19 per cent growth. The forecast was made today by Export Development Canada (EDC), Canada's leading provider of small business financing and insurance for companies with sales or business outside of Canada. "This will be a difficult year for Alberta [Read more]
Sun Kwok Ping Files Early Warning Report for Purchase of Common Shares in Sunshine Oilsands Ltd.
HONG KONG and CALGARY, Alberta, May 20, 2015 /CNW/ -- Mr. Sun Kwok Ping (the "Securityholder") has filed an early warning report dated May 20, 2015 advising of the purchase of 51,830,000 common shares of Sunshine Oilsands Ltd. (the "Company") (HKEX: 2012; TSX: SUO) at an average price of HK$0.695 per share and the purchase of 39,614,500 common shares of the Company at an average price of HK$0.720 per share of representing, in aggregate, approximately 2.35% of the outstanding common shares of the [Read more]
SilverWillow Energy Corporation Announces Results for the Quarter Ended March 31, 2015
CALGARY, May 19, 2015 /CNW/ - SilverWillow Energy Corporation ("SilverWillow") (TSXV:SWE) has filed its first quarter financial statements and management's discussion and analysis for the quarter ended March 31, 2015. The first quarter financial statements and management's discussion and analysis are available for viewing under the Corporation's profile on SEDAR at www.sedar.com or our website at www.swenergy.ca under "Investors – Financial Reports". About SilverWillow [Read more]
ARC Resources Ltd. Confirms June 15, 2015 Dividend Amount
CALGARY, May 19, 2015 /CNW/ - (ARX - TSX) ARC Resources Ltd. ("ARC") confirms that an eligible dividend of $0.10 per share will be paid on June 15, 2015 to shareholders of record on May 29, 2015. The ex-dividend date is May 27, 2015. As at May 19, 2015 the trailing twelve-month payments to investors, including the May 15, 2015 payment, total $1.20 per share. ARC offers a Dividend Reinvestment Plan ("DRIP") and Stock Dividend Program ("SDP") as optional plans for its shareholders. The DRIP [Read more]
Surge Energy Inc. Confirms May 2015 Dividend
CALGARY, May 15, 2015 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on June 15, 2015 in respect of May 2015 production, for the shareholders of record on May 31, 2015 will be $0.025 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 focused on [Read more]
Questerre implements focused capital program for 2015
CALGARY, May 15, 2015 /CNW/ - ""Questerre Energy Corporation ("Questerre" or the "Company") (TSX,OSE:QEC) reported today on its financial and operating results for the quarter ended March 31, 2015. Michael Binnion, President and Chief Executive Officer, commented, "With the sustained decline in commodity prices we executed on a cost reduction strategy in the first quarter of this year. We implemented a restricted capital budget for the Montney. It included the expansion of our central facility [Read more]
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