CALGARY, Alberta - Freehold Royalties Ltd. (Freehold or the Company) (TSX:FRU) announces first quarter results for the period ended March 31, 2021. OPERATING AND FINANCIAL HIGHLIGHTS Three Months Ended March 31 FINANCIAL ($000s, except as noted) 2021 2020 Change Royalty and other revenue 36,745 26,284 40 % Net income (loss) 5,635 (9,022 ) nm Per share, basic ($) (1) 0.04 (0.08 ) nm Cash flows from [Read more]
Crew Energy Inc. announces update on COVID-19 measures for its annual general and special meeting of shareholders and reaffirms board nominees
CALGARY, Alberta - Crew Energy Inc. ("Crew" or the "Company") (TSX: CR) has scheduled its Annual General and Special Meeting of Shareholders for 3:00 p.m. on Thursday, May 20, 2021 (the "Meeting"). Crew was hopeful that Alberta would be emerging from the COVID-19 pandemic which would allow for an in-person meeting of its shareholders. However, in light of the most recent and enhanced "stop the spike" COVID-19 restrictions announced by the Alberta Government, as well as the continued advice of [Read more]
Athabasca Oil Corporation announces further Hangingstone cost reductions
CALGARY, Alberta - Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to announce that it has executed an amending Hangingstone Transportation and Storage Services Agreement (“TSSA”) that resulted in a $44 million prepayment from restricted cash and a ~$5 million reduction to annual tolls. The amended TSSA reduces Hangingstone’s dilbit financial assurances by ~$44 million to ~$27 million. The reduction in financial assurances unlocked restricted cash on the Company’s [Read more]
TC Energy announces 2021 annual meeting Board of Directors election results
CALGARY, Alberta – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that at its 2021 annual meeting of shareholders held earlier today, each of the following 13 nominees were elected as directors of TC Energy on a vote by ballot to serve until the next annual meeting of shareholders of TC Energy, or until their successors are elected or earlier appointed: Nominee # Votes For % Votes For # Votes Withheld % Votes Withheld Stéphan [Read more]
TC Energy declares quarterly dividends
CALGARY, Alberta – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that its Board of Directors (Board) declared a quarterly dividend of $0.87 per common share for the quarter ending June 30, 2021 on the Company’s outstanding common shares. The common share dividend is payable on July 30, 2021 to shareholders of record at the close of business on June 30, 2021. The Board also declared quarterly dividends on the Company’s outstanding Cumulative First Preferred [Read more]
Cenovus makes strong progress on Husky integration and synergies
CALGARY, Alberta - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) delivered solid operating and financial performance in the company’s inaugural quarter of operations following the acquisition of Husky Energy Inc. on January 1. With its disciplined and methodical approach to integrating Husky’s assets, the company has made significant progress in the first three months of the year and is firmly on track to deliver on its targeted acquisition synergies and 2021 budget and production guidance. Cenovus [Read more]
TransGlobe Energy corporation announces AGM voting results and confirmation of board changes
CALGARY, Alberta - TransGlobe Energy Corporation (“TransGlobe” or the “Company”) announces its AGM voting results. Report in Respect of Voting Results Pursuant to Section 11.3 of National Instrument 51-102 – Continuous Disclosure Obligations The following sets forth a brief description of each matter voted upon at the annual general meeting (the "Meeting") of the holders of common shares of TransGlobe Energy Corporation ("TransGlobe" or the "Company") held on May 6, 2021 and the outcome [Read more]
TransGlobe Energy Corporation announces first quarter 2021 financial and operating results for the three months ended March 31, 2021
AIM & TSX: “TGL” & NASDAQ: “TGA” This Announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 (“MAR”). Upon the publication of this Announcement, this inside information is now considered to be in the public domain. CALGARY, Alberta - TransGlobe Energy Corporation (“TransGlobe” or the “Company”) is pleased to announce its financial and operating results for the three months ended March 31, 2021. All dollar values are expressed in [Read more]
Crew Energy Inc. announces first quarter 2021 financial and operating results highlighted by a 174% increase in adjusted funds flow
CALGARY, Alberta - Crew Energy Inc. (TSX: CR) (“Crew” or the “Company”) today announced our operating and financial results for the three-month period ended March 31, 2021. Crew’s Financial Statements and Notes, as well as Management’s Discussion and Analysis (“MD&A”) for the three-month period ended March 31, 2021 are available on Crew’s website at www.crewenergy.com and filed on SEDAR at www.sedar.com. “Crew entered 2021 primed to capitalize on structural improvements in crude oil and [Read more]
Canada Energy Regulator issues monetary penalty to Trans-Northern Pipelines Inc.
CALGARY, Alberta - Today the Canada Energy Regulator (CER) released full details of its $40,000 Administrative Monetary Penalty to Trans-Northern Pipelines Inc. (TNPI), the maximum amount based on the facts of this case. The company had received multiple notices of non-compliances and enforcement actions related to contaminated sites, and issuing this fine was the next step in our effort to bring the company into compliance. This is the second financial penalty issued to TNPI in less than 10 [Read more]
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