CALGARY, Alberta - Freehold Royalties Ltd. (Freehold or the Company) (TSX:FRU) has entered into definitive agreements with two private sellers to acquire high-quality U.S. mineral title and royalty assets located in the Midland basin predominantly in Howard County, Texas (the “Howard County Midland Assets”) for $123 million and in the Eagle Ford basin in Texas (the “Eagle Ford Assets”) for $32 million, both figures net of estimates for exchange rates and customary closing adjustments. Freehold [Read more]
Shell second quarter 2022 update note
The following is an update to the second quarter 2022 outlook. Impacts presented may vary from the actual results and are subject to finalisation of the second quarter 2022 results, published on July 28, 2022. Unless otherwise indicated, all outlook statements exclude identified items. This update note follows the new reporting segmentation implemented at the first quarter 2022 results. For further details around the new reporting segmentation and the enhanced disclosures for our Growth [Read more]
PrairieSky Royalty announces conference call for Q2 2022 results
CALGARY, Alberta - PrairieSky will release its Q2 2022 results on Monday, July 18, 2022 after markets close. The news release detailing PrairieSky’s Q2 2022 results will provide operating and financial information. Financial statements along with management’s discussion and analysis will be available on PrairieSky’s website at www.prairiesky.com and on SEDAR at www.sedar.com. A conference call to discuss the results will be held for the investment community on Tuesday, July 19, 2022 beginning [Read more]
InPlay Oil Corp. Announces Extension of Senior Credit Facility
CALGARY Alberta, June 30, 2022 (GLOBE NEWSWIRE) -- InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) announces that the Term Out Date and Borrowing Base redetermination applicable to the revolving line of credit (Tranche A and Operating Facilities) under the Company’s Senior Credit Facility has been extended from June 30, 2022 to July 29, 2022. InPlay and its banking syndicate are in the process of negotiating the annual renewal and redetermination and have agreed to the [Read more]
International Petroleum Corporation publishes prospectus for bond listing on Oslo Børs
TORONTO, June 30, 2022 (GLOBE NEWSWIRE) -- International Petroleum Corporation ("IPC" or the "Corporation") (TSX, Nasdaq Stockholm: IPCO) announces that the Swedish Financial Supervisory Authority today approved the prospectus in connection with the listing on Oslo Børs of IPC’s 7.25 percent USD 300 million senior unsecured bonds (ISIN: NO0012423476). The first day of trading of the bonds on Oslo Børs is expected to be on or around July 1, 2022. IPC’s senior unsecured bonds were issued on [Read more]
International Petroleum Corporation announces results of substantial issuer bid
International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce the results of its substantial issuer bid (the Offer) under which it will accept for purchase for cancellation 8,258,064 of its common shares (Shares) at a purchase price of CDN$15.50 (equivalent to approximately SEK 122 as at the expiry date of the Offer) per Share, for an aggregate purchase price of approximately CDN$128 million (equivalent to approximately SEK 1,007 million and [Read more]
Petrus Resources announces monthly activity update
CALGARY, Alberta - Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to announce the most recent version of the Company’s monthly activity update can be found on the Company's website at https://www.petrusresources.com/monthlyupdates. ABOUT PETRUS Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta. FOR FURTHER INFORMATION PLEASE CONTACT: Ken Gray President and Chief [Read more]
Cardinal announces TSX acceptance of normal course issuer bid
CALGARY, Alberta - (TSX - CJ) Cardinal Energy Ltd. ("Cardinal" or the "Company") is pleased to announce that the Toronto Stock Exchange (the "TSX") has accepted the notice of Cardinal's intention to commence a normal course issuer bid (the "NCIB"). The NCIB allows the Company to purchase up to 12,319,686 common shares ("Common Shares") (representing approximately 10% of its public float as of June 20, 2022) over a period of twelve months commencing on June 30, 2022. The NCIB will expire no [Read more]
New campaign urges G7 leaders to address energy crisis by telling Canada to step up and develop our resources
Calgary, Alberta - Leaders of the world’s biggest economies should look to Canada as a major part of the solution to the global energy crisis. That’s the message leaders from Canada, France, Germany, Italy, Japan, the United Kingdom and the United States will be greeted with as they arrive for the 2022 G7 summit in Germany this month June 26-28. The Canadian Energy Centre has launched an advertising campaign targeting G7 attendees that highlights Canada as the supplier of choice for [Read more]
Prairie Provident announces new board member
CALGARY, Alberta - Prairie Provident Resources Inc. (“Prairie Provident”, “PPR” or the “Company”) is pleased to announce the appointment of Matthew Shyba to its Board of Directors (the “Board”), effective July 1, 2022. Mr. Shyba owns 4,238,097 common shares of PPR, representing approximately 3.3% of the issued and outstanding common shares of PPR. He is a corporate lawyer and private investor with over 10 years of capital markets experience, with significant expertise in corporate finance, [Read more]
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