CALGARY, Alberta, Aug. 17, 2018 (GLOBE NEWSWIRE) -- PRD Energy Inc. ("PRD" or the "Company") is pleased to provide an update on the status of its liquidation and the anticipated timing of its dissolution. PRD is currently discharging all of its obligations and completing all other acts required to liquidate its business. PRD's assets, as at June 30, 2018, were comprised of cash on hand of approximately $796,000 and accounts receivable of approximately $39,280. Included in the accounts … [Read more...]
Petroteq Energy Announces Proposed Issuance of Securities and Receipt of Subscriptions
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN. SHERMAN OAKS, Calif., Aug. 17, 2018 (GLOBE NEWSWIRE) -- Petroteq Energy Inc. (the “Company”) (TSXV:PQE; OTC:PQEFF; FSE: PQCF), a fully integrated oil and gas company, announces the receipt of irrevocable subscriptions from 35 arm’s length parties for an aggregate of 5,922,849 common shares at prices ranging from US$0.70 to US$0.81, and … [Read more...]
Strategic Oil & Gas Ltd. Announces Second Quarter 2018 Financial and Operating Results
CALGARY, Alberta, Aug. 16, 2018 (GLOBE NEWSWIRE) -- Strategic Oil & Gas Ltd. (“Strategic” or the “Company”) (TSXV: SOG) is pleased to report financial and operating results for the three and six months ended June 30, 2018. Detailed results and additional information are presented in Strategic's interim condensed consolidated financial statements and related Management's Discussion and Analysis ("MD&A") which will be available through the Company's website at www.sogoil.com and on SEDAR … [Read more...]
Peyto Exploration & Development Corp. Confirms Dividends for September 14, 2018
CALGARY, Alberta, Aug. 15, 2018 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX:PEY) ("Peyto") confirms that the monthly dividend with respect to August 2018 of $0.06 per common share is to be paid on September 14, 2018, for shareholders of record on August 31, 2018. The ex-dividend date is August 30, 2018. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes. Shareholders and interested investors are encouraged to … [Read more...]
PetroQuest Energy, Inc. Elects Not to Make Interest Payments on Senior Secured Notes and Enters into 30 Day Grace Period
LAFAYETTE, La., Aug. 15, 2018 (GLOBE NEWSWIRE) -- PetroQuest Energy, Inc. (the “Company”) (OTCQX:PQUE) announced today that, in order to preserve liquidity, it has elected not to make the semi-annual interest payments totaling approximately $14.2 million due on August 15, 2018 with respect to its outstanding $9.4 million principal amount of 10% Second Lien Senior Secured Notes due 2021 (the “2021 Notes”) and its outstanding $275.0 million principal amount of 10% Second Lien Senior Secured PIK … [Read more...]
Crescent Point Energy Confirms August 2018 Dividend
CALGARY, Alberta, Aug. 15, 2018 (GLOBE NEWSWIRE) -- Crescent Point Energy Corp. (“Crescent Point” or the “Company”) (TSX and NYSE: CPG) confirms that the dividend to be paid on September 17, 2018, in respect of August 2018 production, for shareholders of record on August 31, 2018, will be CDN$0.03 per share. These dividends are designated as “eligible dividends” for Canadian income tax purposes. For U.S. income tax purposes, Crescent Point’s dividends are considered “qualified dividends.” … [Read more...]
Storm Resources Ltd. (“Storm” or the “Company”) is Pleased to Announce Its Financial and Operating Results for the Three and Six Months Ended June 30, 2018
CALGARY, Alberta, Aug. 14, 2018 (GLOBE NEWSWIRE) -- Storm has also filed its unaudited condensed interim consolidated financial statements as at June 30, 2018 and for the three and six months then ended along with Management’s Discussion and Analysis (“MD&A”) for the same period. This information appears on SEDAR at www.sedar.com and on Storm’s website at www.stormresourcesltd.com. Selected financial and operating information for the three and six months ended June 30, 2018 appears below … [Read more...]
Contango Oil & Gas Company Appoints Two Directors; Announces Senior Management Change
HOUSTON, Aug. 15, 2018 (GLOBE NEWSWIRE) -- Contango Oil & Gas Company (NYSE American: MCF) (“Contango” or the “Company”) today announced the appointment of two new directors, John C. Goff and Wilkie S. Colyer, Jr., and also announced that Allan D. Keel, President and Chief Executive Officer and a director, is leaving the Company to pursue other business interests. Mr. Colyer has been appointed Interim President and Chief Executive Officer effective immediately. At the request of the Board … [Read more...]
Denbury Announces Pricing and Upsizing of $450 Million Offering of new 7.5% Senior Secured Second Lien Notes due 2024
PLANO, Texas, Aug. 14, 2018 (GLOBE NEWSWIRE) -- Denbury Resources Inc. (NYSE: DNR) (“Denbury” or the “Company”) today announced the pricing and upsizing to $450 million of its previously announced private offering (the “Offering”) of $400 million aggregate principal amount of Senior Secured Second Lien Notes due 2024 (the “New Second Lien Notes”). The New Second Lien Notes will bear interest at a per annum rate of 7.5% and were sold at an issue price of 100%. The Offering is expected to … [Read more...]
Iron Bridge Resources Provides Operations Update and Reports Second Quarter 2018 Financial Results
CALGARY, Alberta, Aug. 14, 2018 (GLOBE NEWSWIRE) -- Iron Bridge Resources Inc. (TSX:IBR) (“Iron Bridge”, “IBR” or the “Company”) today provides a Gold Creek operations update and reports its financial results for the second quarter ended June 30, 2018. Gold Creek Montney Operations Update At Gold Creek, Iron Bridge holds a large, strategically-positioned land base of 49,600 net acres (77.5 net sections) within the oil-rich window of the Gold Creek Montney formation, with substantial multi-year … [Read more...]
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