CALGARY, March 16, 2015 /CNW/ - Twin Butte Energy Ltd. (TSX:TBE) ("Twin Butte") confirms that its cash dividend in respect of March 2015 production will be $0.01 per share. The eligible dividend will be paid on April 15, 2015 to shareholders of record on March 31, 2015. The ex-dividend date is March 27, 2015. These dividends are designated as "eligible dividends" for Canadian income tax purposes. As stated in Twin Butte's December 18, 2014 press release, commencing with the January 2015 dividend [Read more]
Northern Blizzard Resources Inc. Announces Fourth Quarter and Year End 2014 Results, 2014 Reserves, Revised 2015 Guidance and Declares Dividend
CALGARY, March 16, 2015 /CNW/ - Northern Blizzard Resources Inc. ("Northern Blizzard" or the "Company") (TSX: NBZ) announces its operating and financial results for the three months and year ended December 31, 2014 and 2014 year-end reserves. Northern Blizzard's financial statements, management's discussion and analysis ("MD&A") and annual information form ("AIF") for the year ended December 31, 2014 are available on our website at www.northernblizzard.com and on SEDAR at www.sedar.com. [Read more]
Connacher Oil and Gas Limited Exercises its New Facility Option to have the New First Lien Facility Implemented and Announces the Availability of the New Convertible Notes Participation Form
CALGARY, March 16, 2015 /CNW/ - Connacher Oil and Gas Limited (CLL – TSX; "Connacher" or the "Company") is pleased to announce that in conjunction with the previously announced proposed recapitalization transaction (the "Recapitalization"), it has exercised the New Facility Option to have the New First Lien Facility implemented in accordance with the terms set forth in the backstop agreement dated January 30, 2015. The New First Lien Facility provides for loans of up to CA$30 million and is [Read more]
Surge Energy Inc. Confirms March 2015 Dividend
CALGARY, March 16, 2015 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on April 15, 2015 in respect of March 2015 production, for the shareholders of record on March 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 [Read more]
TORC Oil & Gas Ltd. Confirms Monthly Dividend for March 2015
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ CALGARY, March 13, 2015 /CNW/ - TORC Oil & Gas Ltd. ("TORC" or the "Company") (TSX:TOG) is pleased to confirm that a dividend of $0.045 per common share will be paid on April 15, 2015 to common shareholders of record on March 31, 2015. The ex-dividend date is March 27, 2015, with payment to be made in cash or common shares at the election of the shareholder. Any common shareholder choosing to [Read more]
Puma Energy Announces Acquisition of Murco Oil's UK Sites
Puma Energy Enters UK Market SINGAPORE, March 13, 2015 /CNW/ -- Puma Energy, the globally integrated midstream and downstream energy company, has today announced the acquisition of a series of UK assets from Murco Petroleum Limited, a subsidiary of Murphy Oil Corporation (NYSE:MUR). The acquisition includes the Milford Haven facility in Wales, UK and three inland terminals at Westerleigh, Theale and Bedworth, as well as Murco's wholesale and distribution business in the UK. This in total adds [Read more]
Perpetual Energy Inc. Announces Swap of West Edson Property for 6.75 Million Tourmaline Shares with Market Value of $256.5 Million
CALGARY, March 12, 2015 /CNW/ - (TSX:PMT) - Perpetual Energy Inc. ("Perpetual", the "Corporation" or the "Company") is pleased to announce the signing of a definitive agreement with Tourmaline Oil Corp. ("Tourmaline") to swap its joint interest share in its West Edson asset in West Central Alberta in exchange for 6.75 million TOU common shares ("TOU Shares") having a current market value of approximately $256.5 million based on today's closing price of the TOU Shares on the Toronto Stock [Read more]
Toscana Energy Announces Fiscal Year 2014 Financial and Operating Results and 2014 Reserves
CALGARY, March 12, 2015 /CNW/ -Toscana Energy Income Corporation ("TEI" or the "Corporation") (TSX: TEI) announces financial and operating results for the year ended December 31, 2014, and the Corporation's 2014 year-end reserves. Financial and operating results: The following summarizes information contained in the Consolidated Financial Statements and Management's Discussion and Analysis ("MD&A") for the year ended December 31, 2014. This news release should not be considered a [Read more]
Penn West Confirms Filing of its 2014 Year End Disclosure Documents
CALGARY, March 12, 2015 /CNW/ - PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE - PWE) ("Penn West", the "Company", "we", "us" or "our") announces that it has filed with Canadian securities regulatory authorities its audited Consolidated Financial Statements for the year ended December 31, 2014 and related Management's Discussion and Analysis. Penn West has also filed its Annual Information Form for the year ended December 31, 2014, which includes the disclosure and reports relating to reserves data [Read more]
Penn West Announces 2015 First Quarter Dividend
CALGARY, March 12, 2015 /CNW/ - PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE - PWE) ("Penn West") announces that the Board of Directors has declared a first quarter 2015 dividend of $0.01 per share to be paid on April 15, 2015 to shareholders of record at the close of business on March 31, 2015. Shareholders are advised that this dividend is designated as an "eligible dividend" for Canadian income tax purposes. About Penn West Penn West is one of the largest conventional oil and natural gas [Read more]
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