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]
Pipestone Energy Corp. reports voting results of annual shareholder meeting
CALGARY, Alberta - (PIPE – TSX) Pipestone Energy Corp. (“Pipestone Energy” or the “Company”) is pleased to report the results of its annual shareholder meeting. The Company held its 2022 annual meeting (the “Meeting”) of the shareholders of Pipestone Energy (the “Shareholders”) today at 10:00 a.m. (Calgary time) virtually. A total of 185,460,783 votes were cast, representing 65.75% of the total 282,091,000 eligible votes, which includes the Company’s issued and outstanding common and [Read more]
Cenovus announces significant commitment to education and recognition for Indigenous people across Canada
CALGARY, Alberta - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced a new and significant commitment to Indspire that will support initiatives across Canada aimed at enhancing education and recognizing the outstanding achievements of Indigenous people. Cenovus will donate $1 million over four years, becoming a partner with Indspire, an Indigenous national charity that invests in the education of First Nations, Inuit, and Métis people. “We have supported the creation of long-term [Read more]
Equinor ASA: Buy-back of shares to share programmes for employees
Date on which the buy-back programme was announced: 9 February 2022. The duration of the buy-back programme: 15 February 2022 to 13 January 2023. Size of the buy-back programme: The total purchase amount under the programme is NOK 1,413,000,000 and the maximum shares to be acquired is 20,800,000 shares, of which up to 10,400,000 shares can be acquired in the period from 15 February 2022 to 13 May 2022, and up to 10,400,000 shares can be acquired in the period from 15 June 2022 to 13 [Read more]
Questerre reports on AGM voting results
CALGARY, Alberta - Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) announced today that, at its annual meeting of shareholders held on June 15, 2022 (the “Meeting”), all matters presented for approval at the Meeting were approved. At the Meeting, a vote was held by ballot which approved an ordinary resolution to fix the number of directors to be elected at the Meeting at five. In addition, each of the five nominees proposed in the Company’s Management Information [Read more]
Hillcrest inverter technology poised for central role in the reimagined energy future
VANCOUVER, British Columbia - Momentum to electrify and decarbonize energy systems is accelerating, transforming the way we think about energy generation, storage, distribution and consumption. In the midst of reimaging our energy future, an unassuming power electronics hero has emerged: the power inverter. While system cohorts such as battery packs, PV panels, and electric motors are often in the spotlight, the inverter holds the key to unlock efficiency and performance [Read more]
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