Hässleholm, Sweden, January 25th, 2020. In accordance with the Board of Directors’ proposal, the Annual General Meeting (“AGM”) resolved to declare a dividend of SEK 1.50 per share for the financial year 2018/2019, and the record date for the payment of dividends was set to Tuesday, January 28th, 2020. The Board members and the CEO were discharged from liability. Sigrun Hjelmqvist, Hans Johansson, Jan Johansson, Hans Linnarson, Bodil Rosvall Jönsson and Hans-Göran Stennert were re-elected as … [Read more...]
TC Energy to issue fourth quarter and year-end results February 13
CALGARY, Alberta, Jan. 23, 2020 (GLOBE NEWSWIRE) -- News Release -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) will hold a teleconference and webcast on Thursday, February 13, 2020 to discuss its fourth quarter and year-end 2019 financial results which will be released pre-market. Russ Girling, TC Energy President and Chief Executive Officer, Don Marchand, Executive Vice-President, Strategy and Corporate Development and Chief Financial Officer, and other members of the executive … [Read more...]
Baytex Announces Pricing of US$500 Million Private Placement Offering of Senior Notes
CALGARY, Alberta, Jan. 22, 2020 (GLOBE NEWSWIRE) -- Baytex Energy Corp. (“Baytex”) (TSX, NYSE: BTE) announced today the pricing of its previously announced private placement offering (the “Offering”) of US$500 million aggregate principal amount of senior unsecured notes due 2027 (the "Notes"). The Notes will be issued at par, bear interest at a rate of 8.75% per annum and mature on April 1, 2027. The Notes will pay interest semi-annually in arrears. The Offering is subject to customary closing … [Read more...]
Birchcliff Energy Ltd. Announces 2020 Capital Program, 2020 Guidance and New Five Year Plan
CALGARY - Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce its 2020 capital program, 2020 guidance and new five year plan. “We believe that the key to creating shareholder value is through fully utilizing the available capacity of our existing infrastructure, which is expected to increase our free funds flow, drive down our per unit costs and maximize our operational efficiencies. Our board of directors has approved a new five year plan which … [Read more...]
Questerre closes acquisition of Quebec assets
CALGARY, Alberta, Jan. 22, 2020 (GLOBE NEWSWIRE) -- Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today that it has received all approvals and has closed the acquisition of assets in Quebec pursuant to the purchase and sale agreement with a senior exploration and production company (the “Agreement”) as set out in the Company’s press release dated March 7, 2019. Michael Binnion, President and Chief Executive Officer of Questerre, commented “With the … [Read more...]
PrairieSky Royalty Announces Conference Call for 2019 Annual Results
CALGARY, Alberta, Jan. 21, 2020 (GLOBE NEWSWIRE) -- PrairieSky will release its annual and Q4 2019 results on Monday, February 10, 2020 after markets close. The news release detailing PrairieSky’s Annual and Q4 2019 results will provide operating and financial information. Financial statements, management’s discussion and analysis and the annual information form will be available on PrairieSky’s website at www.prairiesky.com and on SEDAR at www.sedar.com. A conference call to discuss the … [Read more...]
InPlay Oil Corp. Provides Operations Update and Announces 2020 Capital Budget
CALGARY, Alberta, Jan. 21, 2020 (GLOBE NEWSWIRE) -- InPlay Oil Corp. (“InPlay” or the “Company”) is pleased to announce that its Board of Directors has approved a $35 million Exploration and Development capital program for 2020. InPlay delivered another year of exceptional operational results while successfully responding to significant challenges facing the industry. The Company continued to leverage its proven track-record of drilling proficiency and operational expertise to set industry … [Read more...]
Baytex Announces Proposed US$500 Million Private Placement Offering of Senior Notes
CALGARY, Alberta, Jan. 21, 2020 (GLOBE NEWSWIRE) -- Baytex Energy Corp. (“Baytex”) (TSX, NYSE: BTE) announced today that it intends to offer US$500 million aggregate principal amount of senior unsecured notes due 2027 (the "Notes") in a private placement offering (the “Offering”), subject to market and other conditions. The Notes will pay interest semi-annually in arrears. The final terms of the Notes will be determined at the time of pricing of the Notes. Baytex intends to use the net proceeds … [Read more...]
Baytex Announces 2019 Year End Reserves and Preliminary Financial and Operating Results
CALGARY - Baytex Energy Corp. ("Baytex")(TSX, NYSE: BTE) announces its year-end 2019 reserves and 2019 fourth quarter and year-end preliminary unaudited financial and operating results (all amounts are in Canadian dollars unless otherwise noted). “Our production in 2019 exceeded the high end of our annual guidance with outstanding capital efficiencies in our development program. As a result, we generated $329 million of free cash flow and a 17% reduction in net debt. Each of our core properties … [Read more...]
Pipestone Energy Corp. Announces Unplanned Outage at the Keyera Wapiti Gas Plant
CALGARY, Alberta, Jan. 20, 2020 (GLOBE NEWSWIRE) -- (PIPE – TSX-V) Pipestone Energy Corp. (“Pipestone Energy” or the “Company”) was notified by Keyera Corp. (“Keyera”) on January 17, 2020 of an electrical failure within the Keyera Wapiti Gas Plant (“Keyera Plant”). This failure has resulted in an unplanned outage. Keyera expects it to be repaired and resume operations of the Keyera Plant within approximately two weeks. Based on the expected outage duration, the Company is reaffirming its 2020 … [Read more...]
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