CALGARY, Alberta, April 15, 2020 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold) (TSX:FRU) announces that the Annual and Special Meeting (Meeting) of the holders of common shares of Freehold (Shareholders), scheduled for Tuesday, May 5, 2020 at 3:30 p.m. (Calgary time), has been changed from an in-person meeting to a virtual-only meeting to be held electronically at the same time and on the same date. We have been actively monitoring developments relating to the novel coronavirus, [Read more]
Peyto Announces Reduced Capital Program, Reduced Dividend and COVID-19 Preparedness
CALGARY, Alberta - Peyto Exploration & Development Corp. ("Peyto” or the “Company") (TSX: PEY) announces today its board of directors (the “Board”) has approved a reduction to the Company’s capital program and dividend in response to the extreme impacts of the COVID-19 pandemic on near term hydrocarbon demand and commodity prices. The 2020 capital program, which was expected to range between $250-$300 million, has been reduced to between $200-$250 million. Peyto will ensure it stays nimble [Read more]
Husky Energy to Report First Quarter 2020 Results
CALGARY, Alberta, April 15, 2020 (GLOBE NEWSWIRE) -- Husky Energy (TSX:HSE) will release its first quarter 2020 results before markets open on Wednesday, April 29, 2020. A conference call will be held the same day beginning at 8 a.m. Mountain Time (10 a.m. Eastern Time). CEO Rob Peabody, COO Rob Symonds and CFO Jeff Hart will participate in the call. To listen live: To listen to a recording (after 9 a.m. MT on April 29) Canada and U.S. Toll Free: 1-800-319-4610 Outside [Read more]
Devon Energy to Report First-Quarter 2020 Results May 5; Conference Call Scheduled for May 6
OKLAHOMA CITY, April 15, 2020 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced plans to report its first-quarter 2020 results on Tuesday, May 5, after the close of U.S. financial markets. The earnings release and operations report for the first-quarter 2020 results will be available on the company’s website at www.devonenergy.com. On Wednesday, May 6, the company will hold a conference call at 10 a.m. Central Time (11 a.m. Eastern Time), which will consist primarily of [Read more]
Suncor Energy to hold annual general meeting online
CALGARY, Alberta, April 14, 2020 (GLOBE NEWSWIRE) -- Suncor announced today that its upcoming Annual General Meeting (AGM) will be held in a virtual-only format in light of public health concerns regarding COVID-19. Suncor believes in safety above all else. The decision to move to a virtual meeting was made in response to the recent health measures enacted by the federal and provincial governments, and to protect the health and safety of Suncor’s shareholders, employees, directors and other [Read more]
Delphi Energy Corp. Announces Continuation of Its Strategic Process Under a Court-Supervised Restructuring Proceeding
CALGARY, Alberta - Delphi Energy Corp. (“Delphi” or the “Company”) announces that it intends to continue to carry out its strategic alternatives process, which may involve the sale of all or a portion of the business and assets or shares of the Company, or a refinancing, recapitalization or other restructuring transaction (the “Strategic Process”). However, it will now do so through a court-supervised restructuring proceeding. Delphi was facing a breach of its Total Debt to EBITDA ratio under [Read more]
Zargon Oil & Gas Ltd. Announces Resignation of Director
CALGARY, Alberta, April 14, 2020 (GLOBE NEWSWIRE) -- Zargon Oil & Gas Ltd. (“Zargon” or the “Company”) announces that Glenn Koach has resigned from its Board of Directors, effective immediately. For further information please contact: C.H. Hansen President and Chief Executive Officer Zargon Oil & Gas Ltd. Telephone: 403-264-9992 E-mail: zargon@zargon.ca Website: www.zargon.ca [Read more]
Freehold Royalties Ltd. Announces Cost Reductions and Adjusts Dividend for April 2020
CALGARY, Alberta - Reflecting sustained weakness in crude oil prices, Freehold Royalties Ltd. (Freehold) (TSX:FRU) announces that its Board of Directors (the “Board”) has declared a dividend of Cdn. $0.015 per common share to be paid on May 15, 2020 to shareholders of record on April 30, 2020, which is reduced from the previous monthly dividend level of Cdn.$0.0525. At the revised dividend level, Freehold’s funds from operations are forecast to exceed dividend outflows for the remainder of 2020 [Read more]
Pieridae to Hold Conference Call and Webcast on Fourth-Quarter and Year-End 2019 Results
CALGARY, Alberta - Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA - TSXV) will release its fourth-quarter and year-end 2019 results on Thursday, April 16, 2020 prior to markets opening. Chief Executive Officer Alfred Sorensen, Chief Financial Officer Rob Dargewitcz and other members of the Pieridae leadership team will discuss the financial results and Company developments at 9:30 a.m. (MDT) / 11:30 a.m. (EDT). Members of the investment community, shareholders and other [Read more]
Petrus Resources announces second quarter capital budget, executive appointment and annual general meeting update
CALGARY, Alberta - Petrus Resources Ltd. ("Petrus" or the "Company") (TSX: PRQ) announces its second quarter 2020 capital budget. With the current volatility in the price of Canadian light oil and natural gas, the Company believes that it is prudent to maintain a disciplined capital budget that is flexible from an operational and financial perspective. Petrus’ Board of Directors has approved a second quarter 2020 capital budget of $0.5 million, which provides for non-discretionary maintenance [Read more]
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